Spotware launches cAntifraud anti-fraud network
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On November 4, 2026, Spotware announced the launch of the cAntifraud anti-fraud service, establishing a shared fraud-warning network for brokers and proprietary trading firms. The service aggregates data provided by participating institutions, processed anonymously, into a single network; when one institution flags a threat trader, the system sends an alert to other members. Spotware says cAntifraud can flag suspicious activity within 15 minutes and keep fraud below 0.08% of turnover. The service connects to platforms such as MT5 via API, but it will not ban traders or decide whether payments should be made. The fee is $999 per month; institutions that join before December 31, 2026, can lock in a rate of $250 per month for 12 months.
AI-written from reports · updated 3 hours ago
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- Finance MagnatesSpotware launches cAntifraud, enabling brokers and proprietary trading firms to share fraud alerts
Spotware has launched the cAntifraud anti-fraud service, bringing anonymized data from brokers and proprietary trading firms into a single network. After one institution flags a threat trader, other members will receive an alert. The service costs $999 per month, while firms that join by December 31 can lock in a rate of $250 per month for 12 months. Spotware says it can keep fraud below 0.08% of turnover and flag suspicious activity within 15 minutes. The system connects to platforms including MT5 via API, but does not ban traders or decide whether to make payments.
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