InterTrader Review and User Ratings
|Key Spreads and Commissions and Margin Requirements|
|FTSE100 Daily||Spread: 1||Margin: 30|
|Dow Jones Daily||Spread: 1||Margin: 50|
|GBP/USD Spot||Spread: 1.8||Margin: 60|
|EUR/USD Spot||Spread: 1||Margin: 40|
|UK Shares Daily||Spread: 0.10%||Margin: 5%|
|US Shares Daily||Spread: 0.10%||Margin: 5%|
|* - fixed spreads during trading hours since 2012.|
- Financial Spread Betting
- Tight fixed spreads on FX pairs
- Sign-up bonus and spread rebate
£10,000 bonus for new customers, they will top up your first deposit by 10%, up to a maximum of £10,000. Plus monthly rebate of up to 10% of your trading costs.
Under the auspices of the London Capital Group, the organisation responsible for leading rival broker Capital Spreads, InterTrader is one of the leading consumer brokers online, specializing in offer a low-cost trading environment for spread bettors and CFD traders new and old. Its lightweight, responsive trading portal attracts traders with a savvy for technology and a thirst for instant execution, while cutting out the need for re-quotes and allowing a closer engagement with the markets.
Owned by the company behind the PartyGaming brand, InterTrader has grown to quote spreads on a wide variety of markets and indices, complete with its resource-intensive website designed to help equip traders with the knowledge they need to make informed trading decisions. With attractive spreads and an efficient trading interface, InterTrader combines the best of both worlds to present a highly credible option for would-be spread bettors and traders.
Although InterTrader is hindered somewhat by its lack of platform flexibility, presenting only a browser based option, it is nonetheless regarded as one of the most customer-friendly brokers on the market, with a support system that really is second to none. Its interface is easy to use, and the customer support team can be contacted throughout the day and give fast responses to make InterTrader a more than viable option for new traders.
InterTrader offers MT4 and "no dealing desk" spread betting, FX and CFDs via InterTrader Direct (please note that InterTrader Direct is not FCA regulated).
Incentives & Bonuses
InterTrader really stands out from the crowd when it comes to incentives for new signups, offering a 10% matching of any deposit up to a total of £10,000 - as one of the only major brokers to offer this kind of incentive, this can be enough to tip the scales for some traders (offer ends 31 December 2014). InterTrader also offer a 10% loyalty scheme, whereby loyal traders are rewarded with a rebate of up to 10% of deposits over time.
Update:On 20 April 2015 London Capital Group and its whitelabels are lowering min IMR - see the full table.
Introduction to InterTrader Trading Platform
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Inter Trader Customer Reviews
There are 3 customer review(s).
|Rating:||5||Review by: Independent Investor||Date: 2014-03-23|
Updated Spreads by InterTrader
GBP/USD from 2 to 1.8, GBP/EUR from 3 to 2, EUR/GBP from 1 to 0.8, USD/CAD from 3 to 2.6, USD/CHF from 2 to 1.8, EUR/CAD from 8 to 4, EUR/AUD from 8 to 4, AUD/NZD from 10 to 5, Silver Rolling from 3 to 2.6.
|Rating:||5||Review by: despe906.blogspot.com||Date: 2011-05-25|
Hello traders. It's the best broker I've ever had. The platform look rudimentary at first but with time I found it ok. There is no slippage at all. In the fraction of second between I decide to click and I click, sometimes I notice the pip change, so I am sure the deal price will be 1 pip higher or lower. Sometimes the deal window will say 'the deal price inadequate' and this halt provided me with gains only as I scalp in the direction of price move. Charts are feeded from it-finance.com so bear in mind that there is contstant jig-saw 1-3 pip difference, but if you trade small frame charts (or not) you must look at the the deal window, which is the main source of price data. Great fixed 1 pip spread on : Eur/Usd, Usd/Jpy, Eur/Gbp, Aud/Usd, Dax, Ftse. Bonds, shares and even sugar - all spreads thighter than with IG Index. The platform - web based - is fast and and intuitive. Everybody can try their demo – bear in mind though that demo charts are lower quality.
|Rating:||1.5||Review by: Steve Murphy||Date: 2011-01-07|
Functional but 1 bug gripe
I found this site very easy to use and the graphs & technical analysis were very good. However, one major gripe is that at times their system which determines the 'ticks' for the 'bid' price goes a little crazy resulting in huge drops in the bid price. I have suffered this a number of times resulting the potential of large losses especially if you set the stop price high. An example of this poor bid price is 7/1/2011 at 13:30 UK time when CKSN bid price on Intertrader fell to 640.8p when the actual lowest market price I could find elsewhere was 654p.