Spotware Launches cTrader Store: Empowering Algo Creators to Go Global and Expand Their Offering

Dec 16, 2024

Spotware, the developer of the cTrader platform, has launched cTrader Store, a dynamic marketplace designed to enable algo creators to monetise their plugins, trading robots, indicators, and Open API apps. The store equips algo developers with a reliable distribution channel, featuring secure transactions, built-in licensing, and access to a global audience, all intended to maximise sellers' earnings. According to Spotware's strategic blueprint, introducing brokers (IBs) will obtain a recognisable role in cTrader Store and, over time, leverage the marketplace to diversify their offering of algo tools, thereby attracting more leads and enhancing referral conversions.

Get started: https://www.youtube.com/watch?v=vFNkkXfgL8A&t=2s

Fast Onboarding and Simple Product Publishing

Any cTrader user can effortlessly sign in to Store with their cTrader ID. Sellers take just one extra step by completing a quick and straightforward verification process. From there, algo creators can easily publish their cBots, plugins, and indicators, selecting between Cloud or file uploads. With free cloud hosting available for algos in cTrader 5.0, sellers are flexible to upload their products to Store even on the go, using any device.

The product publishing process has been streamlined, allowing creators to focus on what truly matters—developing innovative and powerful algorithms. cTrader Store provides branding and promotional features, enabling sellers to add eye-catching product logos, upload performance proofs, attach backtesting results, and set special prices to drive sales.

Safe Transactions, Built-In Licensing and Code Protection

cTrader Store ensures that product transactions are 100% secure and all parties are protected from digital scams. Sellers no longer need to invent their own distribution channels and rely on random payment methods that buyers usually find suspicious. Spotware has partnered with a trusted payment provider, adhering marketplace operations to the highest standards of security and privacy.

All products on cTrader Store are safeguarded with built-in licencing and copy protection, guaranteeing that only buyers who have purchased an algorithm will have access to it and preventing further unauthorised distribution. The source code of products is never available to end users, giving creators peace of mind that their intellectual property is secured.

Global Reach and Steady Income for Sellers

With over 8 million traders worldwide using cTrader and already having access to Store, algo creators can tap into a vast pool of potential buyers of high-quality algo products, significantly expanding their global reach. Sellers on cTrader Store can rely on a stable revenue stream and enjoy exponential earnings growth as their products gain visibility among a highly engaged audience.

cTrader: Algo Creators-Friendly Platform

cTrader is the ultimate platform for algo developers, offering a powerful built-in code editor, advanced optimisation tools for algo strategies, and the most accurate backtesting for trading robots in the industry. With the recent 5.0 update, the cTrader ecosystem has evolved to include free algo hosting and cloud execution for cBots, promoting device-independent, 24/7 algo trading without limits. Now, cTrader Store stands as the primary distribution channel, providing algo creators with the most efficient and rewarding way to connect with a global audience.

About Spotware

Spotware is a global FX/CFD technology provider with 15 years of experience in delivering innovative trading platforms. The company has built a robust network of 250+ brokers and prop firms, including notable names like IC Markets, Pepperstone, and Funding Pips. With more than 8 million traders using cTrader, Spotware’s flagship platform, the latest version of cTrader sets a new standard in algorithmic trading by offering free cloud execution of algos and advanced plugin capabilities, further enhancing its unmatched transparency, reliability, and extensibility to provide premium experiences for all users.