INTERTRADER

About company:

Formerly known as Party Markets, Intertrader was founded in 2008 through a partnership between CityIndex and PartyGaming. The goal of the partnership was to offer more products targeted at the financial markets. Today the company offers its clients a wide range of trading instruments: currency pairs (including exotic ones), indices, bonds, stocks, CFDs, futures and cryptocurrencies.

 

The company offers a service for copying deals of the most successful traders, as well as a set of free trading tools. Has several international awards.

 

Capital security

Intertrader is a trade name of Intertrader Limited authorized by the Gibraltar Financial Services Commission (GFSC) and subject to limited regulation by the Financial Conduct Authority. Intertrader is also part of GVC Holdings PLC, one of the world's largest sports betting and gaming groups, and a member of the FTSE with a market capitalization of over £ 4 billion.

 

The company has segregated accounts. According to the data published on the website, client funds are completely separated from the company's operating funds and are stored in leading banks in the European Union and banks in Mauritius.

 

Trading conditionsMinimum deposit

Intertrader does not provide information on the types of accounts offered on its website. There is only an opportunity to choose the type of trading platform (Web account or MT4 account). To open an account, you need to deposit $ 500, which is a fairly high minimum initial deposit. All accounts offer a minimum trade size of 1 micro-lot.

 

Average spreads and commissions

Intertrader claims to offer a typical spread for the EUR / USD benchmark currency spread, from about 0.6 pips. The broker also charges an overnight fee. For stocks, Intertrader's commission is 0.1%.

 

Minimum leverage

The company offers a maximum leverage of 1: 500 for all types of accounts, which is considered a fairly high indicator.

 

Trading platform

Intertrader supports the industry standard MetaTrader 4 trading platform as well as a Java-based platform. Both of these platforms provide a wide range of tools and features a trader needs. Java brings together existing Intertrader research and analysis tools like Trading Central and Autochartist, as well as new features like Bloomberg Live TV.

 

Trading can also be conducted through the ZuluTrader platform, which provides access to copy trades and social trading functions. Moreover, the company offers its experienced clients to take advantage of the advanced trading platform on special terms (but only for professional traders).

 

Client programs

The company does not provide bonuses, however, the TradeBack loyalty program works for professional traders. The client is provided with a discount of up to 10% on his trading expenses when trading for a certain amount. It is worth noting that the TradeBack offer is only available on the broker's web platform and not on MT4, where its spreads are comparatively lower.

 

Payment methods

Intertrader offers its clients various ways to deposit and withdraw funds: using bank cards directly on the trading platform, payment system, also Skrill and via bank transfer.

 

Criticism of traders

There is a small amount of negative reviews about the Intertrader broker on the Internet. All trading conditions are quite profitable and competitors. I would also like to note that the company has a large number of advantages in comparison with other brokers in the Forex industry.

 

Pros:

 

operated by an industry company with a long-standing good reputation; international regulation; a wide range of instruments, including exotic ones; many trading platforms to choose from; the presence of many international awards; competitive spreads; discounts with the TradeBack loyalty program.

 

Minuses:

 

lack of bonus programs; lack of details on terms of trade.