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  • Regulation : None
  • Country : Gibraltar

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Website :
Established : 2012
Country : Gibraltar


  • Competitive Spreads
  • Wide Selection of Assets


  • Minor Center

InterTrader Review

InterTrader is a reasonably well-established online Forex and CFD market-making brokerage launched in 2012. They are headquartered and regulated in Gibraltar by the Gibraltar Financial Services Commission. They offer traders the opportunity to trade a wide range of instruments wrapped as CFDs (Contracts for Difference), even including a selection of individual shares and futures contracts. InterTrader offer trading in 45 forex currency pairs, 10 commodities, 14 equity indices, and 2 cryptocurrencies across both major and minor financial markets, as well as rarer instruments such as 3 bonds and interest rates types. All accounts operate on a No Dealing Desk (NDD) execution model.

InterTrader Broker Review


Two account types are offered, distinguished by platform of choice: either “MetaTrader 4” or “Web-Based”. The only difference between the two types is that individual shares may not be traded through a MetaTrader 4 account, while expert advisers (auto trading, trading robots) and FIX API may only be utilized through a MetaTrader 4 account. In other ways, the accounts are the same and differ only by trading platform.

InterTrader claims to offer a typical spread on the benchmark EUR/USD currency spread starting at about 0.6 pips, which would be extremely competitive at this minimum, for a broker offering such a low minimum deposit of only $1. No commissions are charged in addition to the spread, which floats, so what you see is what you get. As Gibraltar is covered by European Union regulations, clients enjoy guaranteed, legally binding negative balance protection, which ensures that clients cannot under any circumstances be liable for an amount greater than they deposit with InterTrader.

A maximum leverage of 30 to 1 is available in Forex trading, in line with new European Union-wide regulations. Lower maximums apply to most of the non-Forex instruments which are offered. All accounts offer a minimum trade size of 1 micro-lot (0.01 full lots).

Trading may be conducted as spread betting through all account types. This means that U.K. tax residents should be able to enjoy freedom from tax on any profits, if trading is not their primary source of income.

A demo account is available, as is typical with nearly all spot Forex and CFD brokers.

Scalping and hedging are allowed, and automated trading is possible through a MetaTrader 4 account.

InterTrader Broker Review


InterTrader’s most notable feature is its market-neutral trade execution offering. What this means is that unlike most brokers, InterTrader never take the other side of their clients’ trades: they do not profit when you lose, nor lose when you profit. This effectively means that unlike most Forex and CFD brokers, they have no innate conflict of interest with their clients.

InterTrader offer trading in individual stocks and shares, and bonds and interest rates, as well as the usual range of Forex, major indices, and commodities. This could make it a suitable vehicle for traders who want to have at least partial exposure to investment-style, widely diversified trading, although of course as is typical, there is usually an overnight financing fee to pay for holding a position past the rollover time at the end of the global trading day.

InterTrader offer a relatively wide choice of trading platforms, offering a choice of MetaTrader 4, a proprietary advanced trading platform as a downloadable program, or a proprietary web-based trading platform. Trading may also be conducted through the ZuluTrader platform, which allows access of trade copying and social trading features.

InterTrader Broker Review


InterTrader’s education offering includes a rolling program of trading webinars and a blog, as well as a basic FAQ section. It is lighter than the educational offering of many Forex/CFDs brokerages, but that is not necessarily a bad thing. Educational offering should not be a major reason for choice of Forex/CFD brokerage.

Bonuses and Promotions

Since bonuses and promotions have been prohibited under European Union regulations, and as this is the area which regulates InterTrader, no bonuses or promotions can be offered. However, spread rebates by volume are offered under a “Tradeback” program.


Depositing funds into an InterTrader account is an easy and secure process. Funding can be done using a few different methods, including credit cards, debit cards, bank transfers, and Skrill. Withdrawals are generally made through the same channel that deposits have been made through.

Customer Support

Customer support is based in London, offering support by telephone, chat, and email, 24 hours per day from Monday to Friday.


InterTrader has a well-rounded and professional offering for traders looking to trade a wide range of assets in the form of CFDs, particularly on individual shares and bonds and interest rates where it stands out from the crowd. Traders looking for access to a wide range of markets through a market-neutral brokerage will find their offer especially interesting, and quite possibly attractive enough to open an account.


  • Competitive Spreads
  • Wide Selection of Assets


  • Minor Center

Review info: InterTrader
Review Date:
Rating : 1
Reviewed By :