InterTrader – Account Types

InterTrader offers various accounting options, traders can expect InterTrader to revolve around spread betting as well as various CFD accounts. With these accounts, traders will find that InterTrader is known for offering competitive trading conditions.

InterTrader at a glance

Overall Rating

• 2.6/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 500

Regulators

FCA

Trading Platform

MT4

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

InterTrader Account Types Revealed – A Key 12 Point Quick Overview

1. ✅InterTrader at a glance
2. ✅InterTrader Overview
3. ✅InterTrader Account Types
4. InterTrader Account Features
5. InterTrader Fees
6. How to open an InterTrader Trading Account – Step by Step
7. InterTrader Demo Account
8. InterTrader Islamic Account
9. InterTrader Pros and Cons
10. InterTrader Customer Review
11. Final Thoughts
12. Frequently Asked Questions

InterTrader Overview

Established in 2009, InterTrader is a UK-based STP and NDD broker that offers the trade in a variety of financial instruments, spread across several asset classes. InterTrader is known for offering comprehensive trading solutions that consist of social trading opportunities, Trading Central, AutoChartist, RANsquawk, and several others.

In addition to offering forex and CFDs, InterTrader also offers spread betting to UK residents. InterTrader is owned and operated by GVC Holdings plc, which is a popular and reputable sports betting and gambling company based in the United Kingdom.

GVC is a company that is publicly traded on the London Stock Exchange (LSE) under the symbol LSE: GVC, and in addition, GVC also forms part of the FTSE 250 index. InterTrader is known for its outstanding service record of accomplishment.

Over the past few years, InterTrader has grown remarkably and since the beginning of the year, InterTrader has capitalized on more than 5 billion GBP. InterTrader also has a history of winning several industry awards that further prove InterTrader’s excellent service.

InterTrader Account Types

The accounting options that traders can expect from InterTrader revolve around spread betting as well as various CFD accounts. With these accounts, traders will find that InterTrader is known for offering competitive trading conditions.

InterTrader Account Features

InterTrader offers two distinct account types namely a Spread Betting and CFD Account. The features that traders can expect are comprehensive and discussed in detail below.

Market Instruments

When trading with InterTrader, traders are granted a wide selection of instruments. Spread betting as well as CFD trading involves the trade in shares, forex, indices, bonds, commodities, and interest rates. InterTrader offers Rolling Daily contracts that will routinely roll over from one day to the next. This also includes Rolling Futures, which are set to expire on a certain day, at a certain time.

Spread betting is very flexible and it offers traders countless online execution. Spread betting offers traders with access to thousands of global markets relating to commodities, forex, shares, and indices.

With InterTrader, traders can expect some of the following features when spread betting:

When traders make a margin deposit, they are granted access to CFDs which include Crypto, forex, indices, and several others. The features that traders can expect with this are the same as indicated above, with the following added benefit:

Another bonus that professional traders have is that they can use DMA execution as well as phone dealing on equities, provided through the InterTrader Black Service.

InterTrader Fees

InterTrader aims to offer traders the most competitive trading conditions that consist of the best spreads, lowest commissions, and reasonable non-trading fees. The charges that traders face when trading shares are included in market spreads, subsequently taken as commission for UK and EU share CFDs.

Professional traders with InterTrader can also reduce their trading fees through the unique TradeBack promotion that is provided. With this, InterTrader gives traders the opportunity to receive an automatic rebate regardless of what the trader has earned. This is if the combined spread is over 500 GBP during the month.

The spread list that traders can expect when trading with InterTrader is as follows:

How to open an InterTrader Trading Account – Step by Step

Setting up a live account with InterTrader is an easy and straightforward process that consists of the following steps:

🟢 Step 1 – Traders can navigate to the InterTrader website

Select the option to “Create Account”. Traders must note that they must complete the entire account application to gain access to the live account.

🟢 Step 2 – Choose between a Web account or an MT4 account

A new page will load, and the trader will be given a choice between the InterTrader Web and MT4. The features of each of these will be given and traders can select based on their preference.

🟢 Step 3 – Provide Personal details

Once the trader has selected, an online application will load and the trader must provide personal details relating to their First and Last Name, email address, mobile number, and chosen password

🟢 Step 4 – Personal Details

Next, traders must provide their title, gender, and birth date, and confirm their mobile number. In the next section, traders must provide their nationality, confirm whether they have a second nationality, and indicate their home address details.

🟢 Step 5 – Provide Home Address

The following steps require traders to provide their home address, postal code, country, duration at the address, account, and trading currency of choice.

🟢 Step 6 –  Employment Details 

Traders are required to provide their employment information such as employment status, annual income, liquid assets as well the country of residence for tax purposes.

Click “Continue” to proceed.

🟢 Step 7 –  Trading Experience

InterTrader requires traders to provide information on spread betting, CFD trading, FX, Shares, and Options. Traders are also required to provide information on occupation experience and leverage derivatives.

Click “Continue” to proceed

🟢 Step 8 –  InterTrader Declarations

The next step requires traders to the confirm age requirements, accept the terms and conditions, risk warning as well as the order execution policy of InterTrader

🟢 Step 9 –  Upload documentation

Once the registration process has been completed traders will be required to upload documentation such as the trader’s proof of address and proof of identity to complete the process for approval.

InterTrader Demo Account

InterTrader offers traders the use of a demo account. This account can be utilized in several ways, including:

InterTrader offers traders the use of MetaTrader 4 through which they can access the demo account. MetaTrader 4 is a popular, reliable, and user-friendly trading platform used by millions of traders in the industry.

InterTrader Islamic Account

The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive. Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.

InterTrader, due to the uniqueness of its services and solutions, does not cater to Muslim traders by offering an Islamic Account. This means that Muslim traders must ensure that they close all positions before the end of the trading day, avoiding being credited/debited with swaps. While most brokers offer Islamic Accounts, especially to traders from the middle east, there are brokers who offer more specialized services and trading conditions who cannot accommodate these account types.

InterTrader Pros and Cons

InterTrader Customer Review

3 years no problems…

Best there is out there no problems for more than 3 years, thank you InterTrader. – T

Good CFD and spread betting options

Good CFD and spread betting options are offered, but there is an absence of customer support – Ali

Affiliate and Partnership program on the website – Check it out

I enjoy the opportunities to earn an income through Partnership programs offered by forex brokers – Dana

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Final Thoughts

Overall, InterTrader is a popular and safe bet for beginner and experienced traders. The company offers a wide selection of options to increase funds and customer services are reliable. With InterTrader’s Referral Program, customers can claim up to $1 000 (16 000 ZAR) in trading funds when they refer new traders to the company.

InterTrader is committed to providing the best trading options and services to its customers, alongside the research tools, understanding, and support they need to reach their goals. As such, InterTrader looks after its customers, protects customer funds, and conducts business with integrity and transparency, making it a safe and reliable broker to trade with.

Overall Rating

• 2.6/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 500

Regulators

FCA

Trading Platform

MT4

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

Frequently Asked Questions

Can traders from South Africa open an InterTrader trading account?

An InterTrader trading account is accessible to traders in South Africa.

Does InterTrader have ZAR accounts?

InterTrader does not offer accounts in ZAR.

How many instruments can I trade with InterTrader?

You can trade the following financial instruments:

• 56 forex pairs including major, minor, and exotic crosses
• 25 indices
• 4 rates/bonds
• 2 cryptocurrency assets
• 10 commodities
• Thousands of Shares CFDs from the UK, US, and Europe

What are the available deposit currencies for an InterTrader live trading account?

• USD
• GBP
• EUR

Does InterTrader offer leverage?

Yes, InterTrader offers leverage of up to 1:200.