Company Brief:

The InterTrader brokerage company was formed in 2012 with the main idea to provide a fair, flexible and market-neutral trading. Execution done by mirroring into the underlying market every position that client opens, the company covers its risks hence traders execute in a transparent way. Unlike the traditional market-maker model, the client and the broker are not on opposite sides. With market-neutral execution, the company loses when the client does, for this reason, company interested in client’s wins as well. 

All trader’s orders are anonymous that client even interacts with the market by placing orders inside the market spread. For forex CFDs on MT4 trade at the market price, a small additional commission will be paid per trade. On the web-based platform, and for spread betting and non-forex CFDs on MT4, this charge is added to the market price – the spread. The prices provided from the interbank and aggregated in liquidity pool that provides access to deep liquidity.

InterTrader is a trading name of InterTrader Limited that is owned and controlled by GVC Holdings PLC. InterTrader Limited authorized and regulated by the Gibraltar Financial Services Commission. The GVC form one of the world’s largest listed multinational sports betting and online gaming companies listed on the London Stock Exchange. The company is fully regulated and conducts its services by the Financial Conduct Authority in the UK. With this model, the company maintains high standards. Combined with flexibility appropriate to any jurisdiction.

The security of client funds is essential to any customer, all transactions are handled responsibly and securely. All client funds transfer to InterTrader securely held in a segregated account, in accordance with the regulator’s money rules. Also, every customer protected by the Gibraltar Investor Compensation Scheme (GICS), up to €20,000 per client and an additional parental guarantee from bwin.party holdings Ltd.

Currently the broker offers to trade a Spread betting (Tax-free trading on thousands of markets for UK residents), CFDs (trading of equities and other markets on margin), and Forex.

InterTrader Review

Trading Platforms and Tools:

With InterTrader traders having a choice of web-based platform packed with free trading tools, or powerful mobile trading apps covering a wide range of smartphones and tablets, or the popular MT4 desktop or mobile platform.

* InterTrader Web is an easy platform accessible from any browser, as well as Mobile App and offer spread betting and CFD trading with fully customisable, adaptable layouts and multiple watchlists. The prices are improved by the improved technology, also positive slippage. The platform comes with advanced integrated trading tools, along with news and chart packages.

* MetaTrader4 comes along with analysis and strategy testing and ability to run EAs for automated trading. The MT4 is highly customizable platform supported in multiple languages. Moreover, the platform allows usage of Fix API that connects own platform to the broker’s server, and AutoTrade Myfxbook to follow forex trading systems with proved track records.

*ZuluTrade is an automated, leading social trading platform that gathers more than 100,000 traders and allows to follow their signals for free. It’s a great tool especially for beginning traders lets to subscribe and learn better, as well to become a leader trader.

To enhance the platform and trading experience, the broker offers Free trading tools IT-Finance advanced charts (operated directly from web-based platform), Trading Central (signals to buy and sell with full entry and stop levels from the leading analytical company), Autochartist market analysis (tailored analysis and trading ideas for each market within web-based platform). Cross-Platfrom Trading Charts powered by NetDania for serious traders to stay ahead and providing outstanding performance from the charts. Also in the trader’s toolbar included economic calendar and real time market news.

Accounts:

InterTrader aims to keep the spreads for all markets consistently low, to give the best value service as spreads are calculated by interbank market. Thus, the EUR/USD spread is 0.6 pips, UK 100 shares 0.1% per side. The company traders can lower their costs further, through the loyalty rebate TradeBack. As long as the trader has paid a combined spread cost during the month of over £500, regardless of how much have earned from positions, the trader will receive an automatic rebate.

The market offering with InterTrader includes major trading instruments, but also the client can buy or sell Cryptocurrencies CFDs on Bitcoin, Ether, Bitcoin Cash, Litecoin or Ripple, on the MT4 platform. However, trade of Bitcoin or Ether available on web-based platform, via CFDs or tax-free spread betting.

The trading accounts at InterTrader categorized by the platform therefore brings Web and MT4 account types. Both accounts are offered on NDD model with tight spreads and available for spread betting. The difference is that the Trade Back and Shares trading approachable at Web platform only.

There is no minimum deposit required to start trading, yet new position on account requires a deposit, known as margin. To calculate the margin required to open a position, multiply published margin rate (which differs by market) by the overall value of the position. E.g. if you want to buy £10/point of UK 100 (Rolling Daily) at 6800, and the margin rate for this market is 0.5%, your margin requirement will be (£10 x 6800) x 0.5% = £340.

Deposits and Withdrawals:

Clients of InterTrader are able to deposit and withdraw funds throughout three quick payment methods. Bank transfer, on the platform with the card or a secure payment provider Skrill. Due to money laundering regulations we must only accept deposits from the own bank or card accounts, not those of a third party.

Bonuses:

– New clients able to gain up to £10,000 trading credit for new accounts, the trading credit is 10% of the first deposit over £500.  Customer will need to place trades with a total stake of at least double the trading credit amount to convert the credit to cash and withdraw the funds. Excludes equity trading.

– Referral program allows receiving up to £1000 in trading funds for a friend. The more friends client refer, the higher the referral bonus with friends, since each receiving a £100 bonus too.

Conclusion:

Having operated among the worldwide clients the InterTrader broker provides trusted online trading services and there is no issue about their reliability since the broker operates under strict regulatory requirements. Functioning on No Dealing Desk business model, traders at InterTrader are getting the best possible spreads on their trades. The technological solutions are on a high level too, while proposing various trading platforms and tools.

Additional bonus programs is another advantage for the new traders, since not many among the brokers offering it nowadays.

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