- 11 years of experience
- 5 different trading platforms
- Min. deposit 1$
- Not FCA regulated
- Limited range trading tools
InterTrader is a global broker with a head office in Gibraltar. It has been offering its services since 2009. According to the broker, there is no dealing desk spread betting and CFDs, market-neutral execution on equities, EXN/STP FX and more. Like most brokers, InterTrader takes a fee from the spread, which is the difference between the buy and sell price of an instrument.
InterTrader has 337 various instruments, including 45 currency pairs. You can trade with currency, metals, oil, global stock indices and leverage and margin requirements. CFD and spread betting account holders can choose from stock indices, currencies, individual shares, commodities, interest rates, bonds as well as specials offered by InterTrader which includes grey market pricing on IPO’s.
● Stocks indices
● Interest rates
InterTrader offers its clients three main account types and a demo account. Let’s review in details the features of each account type in order to choose the most suitable for you.
- MINI account
- ECN account
- STANDARD account
• You can trade mini lots, 10,000 units of the base currency
• Electronic communications network broker
• Connects buy/sell orders with a network of liquidity providers, banks and other brokerages
• Typically offer variable spreads
• Have the added benefit of tolerating most trading strategies, including scalping
• You can trade in standard lots, 100,000 units of the base currency
Open an account
Opening an account with InterTrader is an easy process. Accounts are opened conveniently online in accordance with the standard approach across all brokers. You have to provide all the basic information and after successful completion, clients will be asked to verify their account by sending a copy of their ID as well as proof of residency documents. This is also the standard operating procedure to satisfy AML/KYC requirements as required by their regulator.
The minimum deposit at InterTrader is just $1. You can also open a demo account in order to get used to their platform.
The broker gives its customers to use the well-known MT4 Forex trading platform. It offers Web platform for the convenient use as well. You can read more about the MT4/MT5 and Web Trader platforms here.
One more platform is offered, namely Zulu platform. ZuluTrade is a leading auto-trading platform that lets you subscribe to signals from top performing traders, so you can trade without having to do the groundwork yourself. Trade via the ZuluTrade platform with market-neutral execution provided by InterTrader. Automated trading has no emotions and it can trade instead of you. If you want to read more about automated trading, click here.
InterTrader offers its users their own platform InterTrader Advanced platform. The professional-grade platform supports multi-monitor set-ups on PC and Mac, giving you the freedom to define your own trading environment. This platform is more oriented on professional players, as it requires more skills to operate it.
Finally, there is a Mobile trading app for your use. It is available for iPhone, iPad or Android.
After careful research, we would like to share our thoughts on the broker with you. We must emphasize that InterTrader is a forex and spread betting broker. It is very important to trade with a regulated broker. It is important and sometimes difficult to find the perfect broker that will need the most needs. Remember, that InterTrader is not regulated by the FCA (Financial Conduct Authority). That is why we offer our services so that you could make your decision faster. As with most brokers, margin requirements do vary depending on the trader, accounts, and instruments. It should be mentioned that the broker has many good comments from users, but a lot of bad ones as well. So, before choosing a certain broker, we advise you to check several ones, to read reviews, and based on that to make a well-thought decision.