InterTrader -Some Detailed Information about this broker

General Information & Regulation

InterTrader is the UK registered online forex broker founded in 2012 and is the trading name of InterTrader Limited. InterTrader Limited is owned and controlled by GVC Holdings PLC. InterTrader Limited is regulated by Gibraltar Financial Services Commission, also registered as an EU authorized representative of the FCA in the UK, license number: 597312.

Market Instruments

Investors can trade Forex currency pairs, indices, commodities, cryptocurrencies and stocks, interest rates, and bonds on the InterTrader platform.

InterTrader Minimum Deposit

Investors can choose to open a web-based trading account or an MT4 account. Web-based trading accounts get traders to access a web-based trading platform, while an MT4 account allows trading using the MT4 trading platform. In addition, InterTrader offers a spread trading account and a CFD trading account. The minimum initial deposit set for an MT4 account as high as $500.

InterTrader Leverage

InterTrader offers its services under the regulatory guidelines of the FCA in the UK, so the level of leverage allowed depends on the specific statement provided by the regulator, with a maximum leverage of 1:30 for major currency pairs, 1:20 for minor currencies, and 1:5 for stocks. The maximum leverage available to professional traders is 1:200 for Gold, Forex, and indices, 1:100 for commodities other than Gold, and 1:20 for stocks.

Spreads & Commissions

Typical spreads offered by InterTrader are 0.6 pips for EURUSD, 3 pips for West Texas Light Crude Oil as standard, 4 pips for Gold, and 60 pips for Bitcoin/USD. Objectively speaking, the spreads offered by the InterTrader platform is pretty wide.

Trading Platforms Available

InterTrader offers traders four trading platform options: the web trading platform, the MT4 trading platform, the mobile trading app, and the ZuluTrade. The MT4 trading platform is currently a popular trading platform with powerful charting tools and a large number of custom technical indicators and supports EA and automated trading. ZuluTrade is an automated social trading platform that allows novice traders to copy the trades of others.

Deposit & Withdrawal

InterTrader supports traders to make deposits to their investment accounts via bank transfer, credit card, debit card, and Skrill.