FunderPro Expands Platform Offerings with cTrader Integration
Retail proprietary trading firm FunderPro has unveiled its integration of the cTrader platform, marking a strategic expansion aimed at enhancing its trading technology. This move enables FunderPro's traders to utilize cTrader's advanced tools, providing both flexibility and real-time insights necessary for today's competitive trading environment.
Proprietary trading firms like FunderPro differ from traditional brokers in that they provide traders with capital and bear the trading risk themselves, generating profit-sharing opportunities based on trader performance. Petros Kalaitzis, FunderPro's Chief Strategy Officer, emphasized that the decision to add cTrader aligns with the firm's mission to equip traders with industry-leading technology. "cTrader's seamless interface, extensive price feed, and compatibility with our real-funds setup mean our traders can now claim daily payouts while leveraging a premium trading experience" Kalaitzis commented.
FunderPro highlighted cTrader's ability to support comprehensive customization, allowing the firm to tailor the platform to fit its unique operational needs. This flexibility extends through an Open API, enabling firms to develop custom trading applications or plug in third-party services, from liquidity providers to analytics tools, with ease. Such versatility is pivotal for firms that prioritize operational efficiency and scalability, as cTrader's account-based pricing model ensures cost-effectiveness by charging only for active accounts.
In a statement, Ilia Iarovitcyn, CEO of cTrader's parent company Spotware, welcomed FunderPro to the growing roster of firms using the platform. He underscored that FunderPro's commitment to providing cutting-edge tools resonates with Spotware's goal of empowering traders in competitive markets through robust, adaptable solutions.
For prop trading firms, access to precise market data and seamless integrations are essential. cTrader's accurate price feed and flexibility for third-party service connections make it an attractive option for firms seeking to streamline trading processes while delivering an advanced experience to traders.
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