|08 Jan 2019, 17:22||Create Apps with cTrader Open API 2.0#1|
Spotware Teamposts: 3352since: 23 Sep 2013
We would like to inform you that we have released cTrader Open API v2.0!
With Open API you can create your own trading applications for different purposes, or use existing applications which are already out there and get access to added value services from cTrader Open API apps. See below the benefits of the new cTrader Open API and how to start using it.
cTrader Open API v2.0 Benefits Over v1.0
cTrader Open API v2.0 is the successor of cTrader Connect API v1.0 and will run in parallel with the previous version until v1.0 becomes depreciated. The new version has a number of improvements from its predecessor, overall enabling faster performance of apps and providing them with more functionality.
Αccounts API REST requests have been replaced with Protocol Buffers
cTrader Open API v2.0 will not feature any REST web services for account information retrieval. Protocol Buffers are used instead, unifying both scopes, Accounts API and Trading API under a single technology. This change allows Open API v2.0 to serve much more resource intensive applications than v1.0.
Request Limits Significantly Increased
As a result of switching to Protocol Buffers, request limits have been significantly increased enabling much faster performance for applications using the API.
Dedicated Per Application Proxies
Dedicated proxies are now available at the request of an application developer. Dedicated proxies can serve a higher number of incoming requests in a given timeframe, improving the performance of the Open API application.
Margin Calculation Added
Expected margin calculation which was missing from Spotware Connect API v1.0, has been added to cTrader Open API v2.0 through new messages. Now, applications using Open API will be able to estimate margin requirements for new orders.
How to Start Using cTrader Open API
You can access a variety of apps developed using Open API, such as MyFxBook and Duplikium, if your broker supports cTrader Open API. By default, it is available to all brokers offering cTrader platform. However, brokers have an option to disable it. Therefore, it is best to consult with your broker first.
You can also easily start creating your own app using our free, secure and publicly accessible Open API. Just sign up or log into cTrader Open API site and apply for an Open API. Once your request is approved, you can start creating your app.
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