Stocknet Institute, a UK-based instant funding prop firm, has recently integrated cTrader into its trading platform. This development introduces advanced trading tools and enhances flexibility for users, aligning with the company’s commitment to providing a robust virtual trading environment.
Overview of Stocknet Institute
Stocknet Institute operates as a virtual trading platform that offers instant funding, enabling traders to commence trading activities swiftly. The company supports trading across a wide array of instruments, including FX pairs, indices, commodities, cryptocurrencies, stocks, and futures. With over 40,000 users worldwide from 180 countries, the platform has a significant international user base.
Platform Features and Trading Plans
The integration of cTrader is part of Stocknet Institute’s ongoing efforts to adapt and evolve its service offerings to meet the diverse needs of its traders. The platform is known for its variety of trading plans, each designed to cater to different trading strategies and goals. These plans include:
- Inception Plan: This plan offers flexibility by removing typical trading restrictions like drawdown rules or loss limits. It includes features such as weekly rewards and essential risk management rules to encourage effective trading practices without the constraints of maximum loss limits.
- Evolution Plan: Aimed at rapid account growth, this plan allows account sizes to double with each achievement of a 10% growth target. It provides options for starting account sizes and has different modes (Standard and Dynamic) that vary in drawdown limits and scaling targets.
- Sprints Plan: Focused on enhancing specific trading skills through targeted challenges, this plan tests various trading strategies with different levels of difficulty and offers monetary rewards for successful completions.
Impact of cTrader Integration
cTrader is recognized for its advanced analytical tools, charting capabilities, and automated trading functions. By incorporating cTrader, Stocknet Institute aims to offer more precise and versatile trading options to its users. This platform is particularly noted for its user-friendly interface and comprehensive charting tools, which can significantly benefit traders looking to engage with complex trading strategies and detailed technical analysis.
Customer Support and Feedback
Stocknet Institute maintains a commitment to providing efficient customer service, accessible via live chat and email. Feedback from platform users often highlights the responsive customer support and the functional richness of the trading environment.
This integration marks a significant step in Stocknet Institute’s ongoing efforts to refine and expand its trading platform to better serve the evolving needs of the trading community.
