Spotware Systems has rolled out advanced take-profit functionality across all cTrader platforms, allowing traders to attach up to five separate profit targets to a single position with staged exits. The feature went live this week on mobile, web and desktop apps, enabling users to automatically close portions of a trade at preset price levels while keeping the remainder open. The update also includes a break-even stop loss that shifts automatically once a trade moves sufficiently into profit.
Traders can manage these targets directly from order tickets, position screens or live charts, adjusting parameters while positions remain active. The release is part of cTrader’s broader push to capture market share as MetaTrader faces ongoing restrictions, particularly around US-facing prop firms imposed in 2024. Competitors including Match-Trader and DXtrade have similarly accelerated feature rollouts, with recent updates adding MetaTrader backend integration and PropTech automation suites.
FXnCO Insight
Brokers using cTrader can now offer clients institutional-grade position management tools that reduce screen time and execution risk, potentially improving client retention as platform competition intensifies.
Source: Finance Magnates