Massive Upgrades For Spotware As cTrader Demand Increases

The company is spending money to increase the connection between Equinix NY2 and LDG data facilities.

Spotware is also expanding its proxy network in Vietnam and Indonesia.

Spotware Systems, which is based in Cyprus and makes technology for electronic trading, has started spending money to improve its infrastructure so that more brokers will use its electronic trading platform, cTrader.

Even though MT4 and MT5 are no longer allowed on the Global Apple Store, WikiFX's poll shows that cTrader is still the most popular alternative to MetaQuotes for trading.

The technology's creator said that it aims to be proactive when “onboarding” new brokers.

On Monday, it said that it wants to expand its global coverage and minimize latency on its trading platform.

Spotware said that the server, which is at the heart of cTrader, is now part of its infrastructure. Other servers are linked to the primary server, such as Equinix LD5 in London and NY2 in New York.

Spotware says that the server and more than 150 proxy cloud points make sure that brokers can always connect to liquid markets.

It also said that the solution offers security, full backup, and a stable connection to cTrader all over the world.

Spotware's Head of Network Operations, Alex Avanesov, said that one of the infrastructure changes the company is investing in is an enhanced connection between its Equinix NY2 and LDG data centers.

Avanesov added, “Because the number of brokers using our trading platform is growing quickly, it would make sense to be proactive and improve our infrastructure to meet the growing demand.”

A source says that in October, Spotware introduced Broker OAuth, a revolutionary solution that would change the way people trade on their phones.

The program was created so that traders could “authenticate using their broker's Client Area credentials and complete everything, such know-your-customer checks, and deposits, without leaving the trading platform,” according to the business that created it.

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