About its history and mission
InterTrader, established in 2009, is a global online trading platform that provides access to a wide range of financial markets. The company is well-regarded for its straightforward and transparent approach to trading. As part of the GAIN Capital group, a major player in the global forex industry, InterTrader offers retail clients an exceptional trading experience in Forex, commodities, indices, and more.
- Founded
- 2009
- Headquarters
- Gibraltar
- Address
- 851 Europort, Gibraltar GX11 1AA 10 Lower Thames Street, London EC3R 6AF
- Website
- https://www.intertrader.com
Strengths and Weaknesses
Strengths
- Market Neutral Model
- No Commissions on Forex
- Competitive Spreads
- Segregated Client Funds
- Negative Balance Protection
- Multiple Trading Platforms
Weaknesses
- Limited Educational Resources
- High Minimum Deposit ($500)
- No US Clients Accepted
- Limited Account Types
- No Social/Copy Trading
Safety and Regulations
InterTrader is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This means the company adheres to strict guidelines for ensuring the safety of client funds and providing a secure trading environment. InterTrader maintains client funds in segregated accounts, ensuring that traders' money is kept separate from the company’s operational funds. This provides an added layer of protection. Additionally, client accounts are protected by the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per eligible client in the unlikely event of insolvency.
Regulators
- FCA
Instruments Available
Types of Accounts
Standard
- Minimum deposit
- $0
- Commission
- 0.6
- Available tools
- 0
- Leverage
- 1:1 to 1:200
- Margin call level
- Stop-out level
Premium
- Minimum deposit
- $0
- Commission
- 0.3
- Available tools
- 0
- Leverage
- 1:1 to 1:200
- Margin call level
- Stop-out level
Fees and Charges
Spreads at InterTrader start from as low as 0.6 pips for major currency pairs, making it an attractive option for traders seeking competitive pricing. Commission is only charged on the Raw Spread Account, with fees applied per trade. InterTrader charges swap rates on positions held overnight, which can either be positive or negative depending on the asset. The rates are in line with the industry standards and are displayed on the platform before execution. InterTrader charges inactivity fees on accounts that remain dormant for a period of 12 months. This fee is applied to encourage traders to remain active on the platform.
Trading Platforms
Customer Support
- Hours
- 24/5 - phone, email
Deposits and Withdrawals
Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.
FAQ
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Users reviews
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