Spotware adds Fair Stopout function to cTrader platform

cTrader’s new stop-out method is designed to protect trader margins and increases the lifespan of a trader’s balance.

First Published by e-Forex News: January, 2015

cTrader’s new stop-out method is designed to protect trader margins and increases the lifespan of a trader’s balance. Alexander Strelnikov, a Product Manager at Spotware, explains that: “The rudimentary process used by some other outdated platforms is to liquidate positions once stop-out levels are reached starting with the most unprofitable position. Unfortunately this method works against traders when they are at risk of having their balance wiped out. Our new stop-out algorithm closes positions in descending order of margin used, so that as each position is closed, traders have a better chance at securing what they can from their remaining deals. Stop-outs are never a pleasant occurrence for the trader, but the least we can do is ensure they have maximum chances of recovery.”