Spotware launches cAntifraud fraud network for brokers and prop firms

Spotware Systems, the Cyprus-based company behind the cTrader platform, launched cAntifraud on 4 November 2026, a fraud detection service aimed at brokers and prop firms. The concept is pooling: participating firms share their risk signals within a single network, and when one member detects a potential threat, the system immediately alerts the others. The company's press release, published as sponsored content by FinanceFeeds, was picked up by Finance Magnates and FX News Group.

One network for brokers and prop firms alike

What sets the service apart is its scope: brokers and prop firms sit in the same network. Analysis begins at account opening, including during initial KYC checks, and continues throughout trading activity. According to Spotware, it looks at execution timing, links between accounts and signs of coordinated activity. “Trading abuse doesn't stop at the boundaries of a single firm,” said Pavel Demin, CEO of cAntifraud at Spotware.

The service is not limited to the cTrader ecosystem. It connects to MetaTrader 5 and other platforms, as well as to liquidity bridges and CRMs, through a universal API. It can run on its own or alongside cBridge, Spotware's fixed-price liquidity bridge. The base price is $999 a month, cut to $250 a month for firms that join before 31 December 2026, with the rate locked for twelve months from sign-up. The package also includes financial assessment tools, among them an estimate of payout exposure and a risk score for each trader.

From latency arbitrage to challenge farming

On the broker side, the tool targets abuse of introducing broker (IB) commissions, latency arbitrage, multi-accounting, cross-broker hedging and bonus exploitation. The press release and the product website also list copy trading abuse, coordinated trading and exploitation of negative balance protection.

For prop firms, cAntifraud targets challenge farming, hedging carried out outside the firm and breaches of trading rules, along with multi-accounting and latency arbitrage. The dedicated prop firm page highlights automated monitoring of challenge rules during trading, rather than waiting for the manual review carried out before a payout.

Spotware claims the service keeps fraud below 0.08% of turnover and can flag suspicious activity within 15 minutes. These figures come from the company itself: neither the calculation method, nor the period covered, nor the definition of turnover used has been published.

Stated safeguards, open questions

According to Spotware, the data exchanged is encrypted and anonymised, and each firm sees only its own data, with no access to other members' client information. The company describes the service as fully GDPR compliant. It also states that cAntifraud does not automatically block traders and does not decide whether a payout is approved: the tool supplies evidence, and the firms' risk teams make the call. Spotware adds that profitable, legitimate trading is not in itself grounds for action, as the tool targets signs of abuse.

Several points have not been specified. Network members are not named and the network's size has not been disclosed. The announcement does not set out which personal data is shared, how long it is kept, which GDPR legal basis applies, or how accounts can be linked across firms when the data is described as anonymised. Nor does it describe a procedure through which a flagged trader would be informed or could challenge the alert.

What it means for traders

cAntifraud is sold to businesses: traders do not sign up themselves, it is their firm that decides to join, with no obligation to say so. Without a public list of members, a client cannot tell whether their broker or prop firm belongs to the network. MT5 users would be affected just as much as cTrader users, since the API allows firms on other platforms to plug in.

Because the system works as a network, behaviour flagged at one firm could draw the attention of risk teams at other members, with the final decision (payout refusal, account closure) remaining with each firm. As analysis can start at registration and KYC, this scrutiny would apply before the first position is even opened. For traders at prop firms, real-time rule monitoring could surface a breach before a payout request, rather than only during the payout review.

The practices targeted (hedging across accounts or firms, multi-accounting, latency arbitrage, abusive copy trading, coordinated trading, challenge farming, abuse of bonuses or negative balance protection) are worth checking against each firm's terms and conditions. Clients concerned have an interest in reading their broker's or prop firm's privacy policy to see whether it mentions data sharing with anti-fraud providers. In the European Union, GDPR rights allow traders to ask their firm how their data is processed.