The Japanese online financial trading sector is decades old, as the country is a major financial hub for both Forex trading and Asian stock markets. The Tokyo trading session is one of the most important trading sessions in Asia, and many traders are speculating on currency markets during these hours, making it the most liquid Asian session. To access markets, traders need advanced software like cTrader. Let’s explain an overview of why cTrader is so popular among Japanese traders and which features to look for in the platform.
cTrader is a modern trading platform with advanced features. It is younger than MetaTrader 4 which is a widely popular platform, but has a modern design and is known for its robust capabilities. Despite its popularity, few regulated brokers in Japan offer cTrader to their FX traders. One of these regulated FX brokers is Axiory. Axiory cTrader allows traders to fully customize their trading environment and deploy both built-in and custom technical indicators. There are hundreds of different tools offered for chart analysis, several chart types, and plenty of trading order types. The platform allows traders to conduct a comprehensive multi-timeframe analysis with just one mouse click, which is super helpful for multi-timeframe traders. cTrader also supports cBots or automated trading systems and allows traders to program their own robots, which is useful for algo traders. Despite its robustness, cTrader is not a very beginner-friendly platform, and traders need to learn how to use it to its fullest potential.
Online financial trading started to grow in popularity as the Internet and personal computers were introduced in Japan. This is because the country was experiencing rapid growth economically and advanced financial trading solutions became available and popular. This growth was supported by a well-developed regulatory framework that ensured transparency and a secure trading ecosystem that allowed Japanese traders to conduct financial trading activities with peace of mind. Regulations were implemented mainly by the FSA or the Japanese Financial Services Agency. Japanese traders love their trading platforms and are very literate financially, supported by the liquidity of local markets, which allows them to speculate on a wide range of financial instruments at low costs.
It is not a coincidence that cTrader gained so much popularity among Japanese and international financial traders. The platform offers advanced functionality which is difficult to ignore, especially if you are a multi-asset trader who monitors many markets.
Traders can use cTrader’s advanced charting capabilities to switch between many chart types including candlestick charts which were developed in Japan and deploy tools such as Fibonacci levels and more. There are plenty of different timeframes and traders can switch between different timeframes with just one click.
cTrader is known for its advanced capabilities when it comes to algo trading and automated trading robots. All this is possible by using the cAlgo where traders can translate their trading strategies into automated trading systems and test on historical data (backtest).
cTrader is available in many different languages, including Japanese, which means traders can access everything in their native language, which makes it super easy to learn and use the platform’s advanced features.
cTrader has user-friendly features and a user-friendly interface. However, for complete beginners, the platform is still complex and requires learning. Japanese traders love to become experts in their profession, and cTrader is no exception.
The one aspect where cTrader is really powerful is its superior customization. Traders can change everything from colors to places for each button panel and chart, making it possible to fully adjust the platform to your needs. This is very important in financial trading, where different traders might prefer different interface arrangements.
Internet Writer
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