Intertrader Review – What to expect from the broker

Intertrader is a CFD Broker and a spread betting provider that features on its trading platform CFDs on forex, stocks, indices, commodities and cryptocurrencies. The broker charges on a popular currency pair EUR/USD a minimum spread of 0.6 pips*. Trading with real funds is possible with a minimum deposit of $500 (or equivalent in other currency). The Intertrader website is available in English and Spanish.

What do we cover in our Intertrader Review?


General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

  • Website address: www.Intertrader.com
  • Leverage: up to 1:30
  • Instruments: CFDs – Forex, stocks, indices, commodities and cryptocurrencies
  • Minimum deposit: 500 GBP/EUR/USD
  • Demo account: Yes, free of charge
  • Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, Credit and debit cards (Visa/MasterCard)

Intertrader Trading Platform

For CFD trading, Intertrader offers two trading platforms MT4 and Intertrader’s web-based platform called Intertrader advanced platform. MT4 is a popular platform used not only for executing trades but also for analyzing financial markets and automated trading. MT4 can be downloaded to any computer or can be accessed via just a web browser or a mobile application. Intertrader advanced platform according to the broker offers a powerful, pro-grade trading platform that will appeal to serious traders who value the speed, stability and flexibility of a download platform.

Intertrader Fees (spreads)

As any other CFD broker, Intertrader charges a spread fee. For the most current spread charges, please visit the Intertrader official website. Here is a spread comparison table that contrasts Intertrader spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
Intertrader* 0.6 0.7 1.2 0.9
Plus500** 0.6 0.7 1.1 0.6
IQOption** 1.2 0.9 1.5 1.6

*Minimum spreads recorded on 19.02.2020 at 9:10 GMT. Data about spreads were taken from the website of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.

Intertrader regulation

Intertrader is a trading name of Intertrader Limited which is owned and controlled by GVC Holdings PLC. Intertrader Limited is authorised by the Gibraltar Financial Services Commission and subject to limited regulation by the Financial Conduct Authority.

Advantages and disadvantages

Every Broker has its pros and cons, let’s have a look at the ones that elevate & denounce Intertrader.

Intertrader Pros
  • Competitive spreads
  • Two trading platforms
Intertrader Cons
  • High minimum deposit

To sum up the Intertrader Review

Intertrader adheres to strict regulatory guidelines and is a part of GVC Holdings PLC, a multinational FTSE-listed company. The company charges competitive spreads and offers two trading platforms which can be both tested on a free demo. The amount of available assets is decent.

 

Your review can make a difference to other traders, please leave a comment if you have any personal experience with Intertrader.



Michael

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