Spotware Launches cAntifraud Fraud Detection Service
Cyprus-based Spotware Systems has rolled out a shared fraud-detection service that pools anonymized data from brokers and prop trading firms.
Updated on Nov. 4, 2026 in Finance — General
Spotware Systems, the Cyprus-based developer of cTrader, launched cAntifraud, a service that warns member firms when another firm flags a trader as a threat. The system keeps fraud below 0.08% of turnover and can flag suspicious activity within 15 minutes.
Why it matters
Fraud among traders can destabilize brokers and prop trading firms, and a shared warning system lets firms act on flags from peers rather than relying only on their own records. The launch adds to a series of Spotware business expansions in 2026.
Spotware says cAntifraud keeps fraud below 0.08% of turnover and flags suspicious activity within 15 minutes, at a standard cost of $999 a month or $250 for firms joining before December 31. The company has not published independent verification of the fraud-rate figure.
The players
Spotware Systems
Spotware Systems is the Cyprus-based developer of the cTrader trading platform, which it has expanded with several new business lines in 2026.
The details
cAntifraud exchanges member data in encrypted, anonymized form, with each firm seeing only its own records. Checks begin at onboarding, including initial KYC, and continue once a client trades, examining execution timing, links between accounts, and coordinated activity.
Timeline
January 2026: cTrader signed 104 new broker and prop firm clients during 2025.
March 2025: PipFarm said it infiltrated about 800 coordinated traders.
June 2025: Centroid Solutions launched its PropShield shared network.
March 2026: Spotware launched the cBridge liquidity bridge.
September 2026: Spotware added cFinancial, an institutional liquidity business licensed in Seychelles.
Market Dynamics
cAntifraud follows the model of PropShield, the shared network Centroid Solutions launched in June 2025 to pool trader-risk data across prop firms. Both reflect a push to share fraud signals across firms rather than leaving each to detect abuse alone.
For traders using cTrader-linked brokers or prop firms, cAntifraud may influence account reviews and verification checks made at onboarding and during trading. Firms joining before December 31 pay $250 rather than the standard $999 monthly rate, which the company says is locked for 12 months.
The takeaway
Shared fraud data between competing firms is becoming a standard tool in trading infrastructure, and traders may encounter stricter checks as a result. Firms should weigh the subscription cost against the fraud exposure they currently absorb.
Further reading
For broader market context, see Finance — General coverage.
Source note: This article includes information reported by Finance Magnates.
