Forex Industry
by Martin on January 8, 2019

Spotware Releases cTrader Open API 2.0

Spotware, an award-winning financial technology provider, has announced the release of cTrader Open API 2.0, the new Open API of its flagship Forex and CFD trading platform, cTrader.

Open API enables third-party service providers to develop applications using the existing cTrader trading infrastructure and offer them to the large pool of cTrader users through a free, secure, and publicly accessible API. These new tools and features offer added value to cTrader platform, allowing traders to have access to a larger variety of services.

cTrader Open API v2.0 is the successor of cTrader Connect API v1.0 and will run in parallel with the previous version until v1.0 becomes deprecated. The new version has a number of improvements from its predecessor, overall enabling faster performance of apps and providing them with more functionality, thanks to being entirely based on Protocol Buffers and having added more messages.

Panagiotis Charalampous, the Head of Community Management at Spotware, commented on the launch: “cTrader Open API serves the mutual benefit of those trading with cTrader, as well as technology providers and development companies, by providing added value and a ready-to-use trading environment.”

cTrader Open API can be used to build a number of useful applications, such as algorithmic trading services, signal providers, trading analysis applications, copy trading tools, and even complete trading applications or customized broker interfaces fulfilling their clients’ needs. Among the most popular applications developed using cTrader Open API are MyFxBook and Duplikium.

cTrader Open API is available to all cTrader Brokers by default. Developers, who wish to start using cTrader Open API, should sign up and submit their request at cTrader Open API site at https://connect.spotware.com. Traders can use cTrader Open API applications if their broker has enabled it.

By Martin

Martin is a professional trader with 7 years of working experience in a Cyprus based brokerage. After the experience, he moved to the UK where he became a financial news reporter at a local news outlet. His years of experience of trading helps him deliver the most quality news, while also analyzing the impacts of it on various markets.

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