Spotware Introduces Shared Account Feature to CTrader Mobile

Friday, 18/11/2022 | 16:12 GMT by Solomon Oladipupo

Spotware introduced shared account access to cTrader Web and Desktop in October.

The new mobile upgrade comes with other improvements to charting.

Spotware Systems, a Cyprus-based electronic trading technology provider, has introduced a shared account feature to the newly-launched mobile version 4.6 of cTrader, its trading platform. Additionally, the launch comes with other improvements to charting on cTrader Mobile.

Aris Christoforou, the firm’s Head of Marketing, disclosed the upgrade to Finance Magnates on Friday in a press statement. The new mobile feature comes over a month after Spotware introduced shared account access as a common feature to the Web and Desktop version 4.4 of cTrader.

With the shared account feature now available for mobile use, “users are now free to share, revoke and reject access to trading accounts, granting portfolio managers the opportunity to trade on their behalf,” Spotware explained. However, apart from the shared account access functionality, the cTrader Mobile version 4.6 also comes with “drawing style via taps, seven new drawings, magnet mode, and chart-related menu settings improvement.”

According to Spotware, some of the extra new drawings include the Fibonacci Arc, Expansion, Timezones and Fan, Andrew’s Pitchfork, Ellipse and Text drawings.

“The new release takes technical analysis depth and convenience on-the-go another step further,” noted Alexander Strelnikov, Spotware’s Head of Product.

Recent Upgrades and Products

In recent months, Spotware Systems has introduced new products and upgrades to its users. In July, the technology provider upgraded cTrader to a cross-broker platform, enabling customers to trade with multiple brokers from a single trading app.

Early last month, the firm introduced BrokerOAuth, a solution it says eases both know-your-client checks and deposit processes. The firm said the platform was developed to meet brokers’ demand for an easier onboarding process for traders.

Meanwhile, in light of the recent suspension of MetaQuotes’ MetaTrader 4 and MetaTrader 5 trading apps from Apple’s App Store and the subsequent higher demands for alternative trading platform providers among brokers, Spotware announced that it was investing in infrastructural upgrades to meet the increased demand for cTrader. The firm added that it wants to increase its worldwide coverage and reduce latency on its platform.

According to Spotware, some of the extra new drawings include the Fibonacci Arc, Expansion, Timezones and Fan, Andrew’s Pitchfork, Ellipse and Text drawings.

“The new release takes technical analysis depth and convenience on-the-go another step further,” noted Alexander Strelnikov, Spotware’s Head of Product.