Saint Lucia Offshore CFD Broker Adds cTrader to Its Platform Lineup

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SpotwareSystems has added Virex Market, a forex and CFD brokerage from St. Lucia, toits cTrader platform roster, the companies announced today (Thursday). VirexMarket describes itself as a global brokerage focused on providing atechnology-driven trading environment for retail and professional traders. Thecompany's CEO, Wasi Mohammadi, said the partnership is about building a"truly technology-driven brokerage," citing cTrader's architecture asaligned with the firm's values of "fairness, performance, and long-termtrader trust."The VirexMarket deal follows a run of similar announcements from retail tradingcompanies operating outside mainstream regulatory frameworks. Frontbroker, aMauritius-based CFD broker, integrated cTrader across its client accounts in a recent deal and TFunded, a small LATAM-focused prop firmrunning a two-phase evaluation model, also joined the platform.However, in recent months, Spotware also landed twobrokers operating under authorization from South Africa's Financial SectorConduct Authority (FSCA), one of Africa's more structured regulatoryenvironments, namely Vault Markets and Swyft Markets. Both are FSCA-licensed CFD brokersthat cited the platform's execution transparency and compliance-friendlyarchitecture as factors in the decision. Spotware currentlyputs the platform's total user base at more than 11 million traders across morethan 300 brokers and prop firms globally.Join the inaugural Finance Magnates Singapore Summit 2026, which will bring together brokers, fintechs, banks, EMIs, wealth managers, and hedge funds across APAC.What Virex Market IsGettingFor VirexMarket, the cTrader integration provides access to a set of tools the companysays aligns with its focus on performance and transparency. These includecTrader Copy, a built-in copy trading feature with disclosed fee structures andstrategy performance data, and cTrader Store, a marketplace Spotware saysattracts up to 10,000 daily visitors, hosting bots, indicators, copystrategies, and prop challenges. The platform also supports more than 100third-party FX and CFD integrations through APIs and plugins, the company said.YiotaHadjilouka, COO of Spotware Systems, described Virex Market as "taking aninnovation-led approach to building its offering" and said cTrader wouldbring "transparency, powerful tools and best-in-class trading experiencetailored to the needs of traders of all levelsSpotware Pushes Beyond ItsCore Platform BusinessTheoffshore broker pipeline is not the only thing moving at Spotware this week.The company launchedcBridge, a standalone liquidity bridge, declaring the product can reduce bridge costsby up to 80% for high-volume brokers by replacing per-trade billing with flatinfrastructure pricing. The productis platform-agnostic, meaning it connects MetaTrader 4, MetaTrader 5, FIX APIenvironments and cTrader through a single interface, positioning Spotware inmore direct competition with dedicated bridge providers.CEO IliaIarovitcyn framed the pricing logic plainly: "as a broker grows, itsmargins should improve, not its vendor's revenue." Offshore Launches AttractExperienced Industry NamesTheoffshore jurisdictions themselves have been drawing a wider range of industryfigures. Earlier thismonth, a former BlackBull Markets chief strategy officer launched TabTrade under Saint Luciaregistration, currently running on MetaTrader 5 with plans to add cTrader overtime. TabTradefounder Benjamin Boulter, who spent six years at BlackBull and four years priorat Pepperstone, acknowledged the competitive challenge directly: "In manyways core product offerings have become similar among brokers," he said."Most offer the same platforms, asset classes, pricing structures, andadvertise the same benefits."This article was written by Damian Chmiel at www.financemagnates.com.