Spotware’s cAntifraud Targets Trading Abuse Across Brokers,…
By Rick Steves
AI summary of the source article
Spotware Systems has launched cAntifraud, an AI-supported risk product that monitors suspicious activity and shares cross-firm signals among participating brokers and prop firms. The system works with platforms like cTrader and MT5 while leaving final payout and restriction decisions to human reviewers.
Why it matters
"The product addresses a blind spot in retail trading risk controls: a broker sees its own clients and execution patterns, but may not see a connected account at another firm."
Key facts
- Spotware Systems launched cAntifraud to detect suspicious trading from onboarding and compare encrypted, anonymised signals across brokers and proprietary trading firms.
- The system targets practices including latency arbitrage, multi-accounting, cross-broker hedging, and challenge farming across platforms including cTrader and MT5.
- Spotware claims the tool flags suspicious activity within 15 minutes and keeps fraud below 0.08% of turnover, but it does not block traders or decide payouts automatically.
Source excerpt · FinanceFeeds
Spotware Systems has launched cAntifraud , an AI-supported risk product designed to identify suspicious trading activity from onboarding and compare signals across participating brokers and proprietary trading firms. Its central proposition is that abuse can move between firms faster than any one risk team can see it. The product therefore attempts to turn separate account-level observations into…