Spotware, the technology company behind the cTrader platform, announced on Monday that it has launched the cTrader Store.
The simplest way to think about this is that it’s like cTrader’s own ‘App Store’.
Traders who have built plugins, algo trading bots, or any other technology add on for cTrader can now easily sell that product on the cTrader Store.
The set up for sellers is easy. All they have to do is make an account with cTrader and then pass KYC. Afterwards they can then market and sell their product on the cTrader Store.
cTrader handles payments and protects the code and other intellectual property that a seller may have used to create their product.
Sellers can also add their own branding, product descriptions, and other materials to make the product they are selling ‘their own’.
More than 8m people trade on cTrader, meaning that sellers on the cTrader Store have access to a wide pool of potential clients.
cTrader released its latest update at the end of November. One of the key updates was that the company offers free hosting for algo trading across devices.
This basically means that traders using the system don’t have to swap any algo they created on one device to another, and also don’t have to pay a third party for a VPS.
