Intertrader reviews

Intertrader_logo Intertrader 5/10 (votes 2372)

On-line since: 2009
Country of origin: UK
Regulation: FSA, ASIC
Payment options: wire transfer, payment cards, WebMoney
Minimum account size: $1
Minimum lot size: 0,01 lot
Leverage: 1:300
Spreads: fixed

Intertrade positions itself as a specialized margin trading broker that offers execution and clearing for several asset classes. The company was established in 2009. Intertrade is a subsidiary company of GVC Holdings PLC. GVC Holdings PLC is one of the world`s largest sports betting and gaming groups. In 2018, Intertrader acquired Sigma Trading, a British financial broker. This means that Intertrade can offer premium professional services for stocks, options, indices, currency transactions, and commodities. The company also provides primary broker services to institutional investors. The broker is regulated by such organizations as the Financial Services Authority (FSA) and the Australian Securities and Investments Commission (ASIC).

The company offers the following trading services:

  • bets on spreads and CFDs without dealing centers
  • neutral execution of deals on shares, ECN, STP FX etc.
  • prime brokerage services for the institutional trading

The company’s head office is located in London. However, there are offices in Germany, France, and Spain.

Trading conditions

Intertrader offers the following trading platforms:

  • web platform No Dealing Desk (for bets on spreads and CFDs)
  • popular MT4
  • platform compatible with Android and iOS
  • advanced platform (an opportunity to set up multiple monitors on PC and Mac)

The company’s clients can perform deals on such trading instruments as shares, indices, futures, currency pairs (including exotic ones), bonds, cryptocurrencies, commodities, metals, oil, and gas.

Traders can benefit from the following trading tools:

  • advanced trading charts from IT-Finance
  • automatic Autochartist pattern analysis
  • economic calendar from Econoday
  • real-time market news from RANsquawk
  • NetDania mobile trading charts

The broker also provides its clients with such a trading platform as ZuluTrade. It is a leading platform that offers traders to follow the most successful traders.

Ways to deposit and withdraw funds:

  • debit and credit cards
  • wire transfer
  • Skrill

Newbies have an opportunity to open a demo account and trade via a mobile application. The deposit of this account does not exceed £10,000 of virtual funds.

To open an account with this broker, traders can deposit any convenient amount. The maximum leverage is 300:1. The company assures customers that it strives to maintain low spreads in all markets in order to provide services at the best price. Thus, the spreads are fixed (for major currency pairs it is from 1 pip).

Support service

The company offers traders a personal account manager who will advise them on any issues. The support service is available five days a week from 08.00 to 17.00. Traders can contact the company`s representatives by phone, email, or via a live chat. The support team speaks English, German, Spanish, French, Bulgarian, and Dutch.

Education

The broker’s clients can make use of the free educational section. On the official website, traders can find webinars and three interactive courses. They can learn about money management, trading psychology, etc. Importantly, after learning each training section, the client receives special bonuses, which can be used for a future trading account.

Comments left by traders

It is noteworthy that there are very few comments on the Internet about interaction with this broker. Judging by the information we have found, we can conclude that the broker has proven itself to be quote reliable. Traders note such advantages as short-term trading, fixed spreads, price spikes, and a large number of trading platforms, each of which is available for trading without additional payments. At the same time, there are comments from dissatisfied customers who complain that the broker acts as a counterparty and does not bring deals to the interbank market.

Advantages and disadvantages:

Pros:

  • hedging
  • cost savings of up to 10%
  • various ways to deposit and withdraw funds
  • bonus program
  • useful training services

Cons:

  • negative reviews

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