|Account Types||Demo Account, Low Value or Micro Account, Standard Accounts,|
|Customer Support||Single Language Phone Support, Single Language Live Chat, Single Language Email Support,|
InterTrader initially operated under Bwin.Party, a company that was established in 2012 following the merger between PartyGaming PLC and Bwin Interactive, both established in 1997. In February 2016, Bwin.Party was acquired by GVC Holdings, and InterTrader continues to operate under GVC Holdings alongside 30 other brands that form the GVC group.
Boasting a market capitalisation of almost £6 billion as of 2018, the GVC group is considered one of the largest listed gaming and sports betting groups that forms part of the FTSE 250 under the GVC ticket symbol. InterTrader is a well-established online CFD and Forex market-making brokerage firm that was established in 2012. The company is headquartered in Gibraltar and provide traders with the opportunity to trade on a vast selection of instruments, including a selection of futures contracts and individual shares.
InterTrader offers trading on ten commodities, two cryptocurrencies, forty-five Forex currency pairs, and fourteen equity indices across both minor and major financial markets as well as other rare instruments, including interest rate types and bonds. All InterTrader clients are protected by the compensation fund of Gibraltar’s Financial Services Commission up to a limit of £20,000 in the event of the company going bankrupt. The parent company of InterTrader has also granted a higher limit should to company go bankrupt which goes beyond the limit set by the GFSC.
Licensing and Regulation
InterTrader is essentially a trading name for InterTrader Limited and is owned and operated by GVC Holdings PLC. The company is regulated and authorised by the Gibraltar Financial Services Commission. The company is considered one of the biggest listed multinational online gaming and sports betting companies in the world. It is furthmore listed on the London Stock Exchange. InterTrader is fully related and provide its service in the UK with the assistance of the Financial Conduct Authority. By utilising this model, InterTrader has maintained high standards since it’s inception and provides its services to traders across the globe thanks to obtaining licenses in several jurisdictions.
InterTrader offers dedicated mobile apps for both Android and iOS users, giving traders the confidence and capability to trade while on the move. The dedicated InterTrader mobile apps can be downloaded from the Google Play Store or the App Store from Apple. It has also been optimised to function perfectly on tablet devices.
The mobile apps from InterTrader were developed by NetDania, considered the highest user-rated trading app in the world. The mobile apps will allow traders to enjoy superfast market-neutral execution, receive trendline and set price alerts. It allows users to stay up-to-date with market news from several sources, deal directly from trading charts, and have access to app and personal chart customisation options.
Brand & Functionality
InterTrader is a reliable and trustworthy brand that has received several prestigious awards over the years for its services, functionality, and trading expertise. The site comes equipped with plenty of innovative features and offers an arsenal of trading tools to make it more convenient and versatile for traders. InterTrader has received the Best Value for Money Award in 2013, 2015, 2017, and 2018, as well as the Best Spread Betting Operator Award in 2018 and 2018. The company also received the Best CFD Provider Award in 2016 and the Best Financial and Spread Operator Award in 2016. This alone gives you a clear indication of how this brand operates and the functionality that the company strives for each year.
InterTrader offers two account types when you initially register a new account on the site. Traders can choose between creating an MT4 account or creating a Web account. Both accounts will give you access to No Dealing Desk trading, tight spreads, 100% market-neutral execution, and more. The only difference between the two is that the Web account does not offer expert advisors or fix API, while the MT4 account does not provide shares trading and TradeBack.
Once you selected the account, you wish to trade on. You will need to provide your address details, contact information, financial information,including your salary/income and savings, and details surrounding your trading knowledge and experience. Once your account is registered, the account-opening team at InterTrader will contact you to verify that your account is ready to trade. While waiting for the call, you can read through the terms and conditions, download the dedicated mobile app, and browse through the TradeBack loyalty program. Once your account is verified, you can make your way to the banking section to make your first deposit.
Once your account is ready for trading, you will be able to fund your account in three easy ways. You can either deposit funds using your credit or debit card and can register your card details directly on the site. You may also use the bank transfer option where you will find the banking details for InterTrader on the site. Lastly, you will also be able to deposit funds using a Skrill account. This only requires users to provide the Skrill account number and the amount you wish to deposit. The minimum deposit at InterTrader is $500, and you can deposit funds in either Euro’s, US Dollar, or Great British Pounds.
InterTrader comes equipped with a host of exceptional features. However, their most notable feature is undoubtedly the market-neutral trade execution product. This essentially means that the company never takes the other side of the trade from clients. The company doesn’t profit when a client losses and doesn’t lose when a client profits. This means that they have no conflict of interest when it comes to their clients.
InterTrader provides trading in individual shares and stocks, and interest rates and bonds, as well as commodities, indices, and forex trading. The company also offers a wide range of trading platforms. This gives traders the option to choose between a proprietary web-based trading platform, the MetaTrader 4 platform, or a proprietary downloadable trading platform. InterTrader also comes equipped with a ZuluTrader platform, allowing access to social trading features and trade copying.
InterTrader will only deal with you when it comes to executing orders. Therefore, the company is considered the only execution venue. You essentially transact directly with InterTrader and not with any external venue or market. Once an execution request is sent, it’s transmitted immediately by the company where you will receive indicative quotes from the company’s liquidity providers. InterTrader strives to offer the best prices for the instrument that you traded and will always attempt to process your request immediately or as fast as humanly possible.
The banking section at InterTrader is safe, secure, reliable, and completely trustworthy. The company utilises the most advanced encryption technology to ensure your financial data and personal information is kept safe from any third-party hackers. It also features a wide range of banking options for both your deposit and withdrawals, including debit/credit cards, bank transfer, and Skrill. Payments are processed within 24 hours and usually reflect in your account within 3-5 working days with card payments, within 5-7 working days with bank transfers, and within 48 hours with Skrill.
InterTrader boasts with a fantastic customer service center to assist traders with any request or query they might have. Traders are more than welcome to contact the support desk through several contact channels, including email, telephone, and live chat. The customer service center is available 24 hours a day from Monday to Friday. You can even request a call back directly on the site where a representative will call you back within 24 hours after your request has been sent. In addition, the company also has an all-inclusive FAQ section that is filled with the most popular questions about each aspect of the site. It provides detailed answers to eliminate the need to contact them directly.
InterTrader will give you a choice between the web-based trading platform, the MetaTrader 4 trading platform, and the ZuluTrader trading platform. The web-based trading platform can be accessed through any web browser on both desktop and mobile devices and provides CFD trading and spread betting with adaptable and fully customizable layouts along with several watchlists.
The MT$ trading platform comes equipped with strategy and analysis testing along with the ability to run automated trading on EAs. It’s also fully customizable and supports multiple languages. In addition, the trading platform will allow traders to utilise Fix API, connecting the broker’s server to your own platform. Lastly, the ZuluTrader platform is considered a leading, automated social trading platform. It will gather over 100,000 traders and give you the option to follow their signals absolutely free. This is a sensational tool for newcomers, and it will allow beginners to learn and subscribe to experts in the industry.