InterTrader Forex Broker

Overview of InterTrader

　　Founded in 2009 and based in the United Kingdom, InterTrader functions as a regulated online trading platform. It provides traders with access to a wide variety of financial instruments such as shares, indices, forex, and commodities. Through its array of trading platforms, including the InterTrader+ Web Platform, MT4, MT5, and Mobile Trading Apps, traders can conveniently engage with these assets.

Is InterTrader Legit？

　　InterTrader is regulated, operating under the regulatory oversight of Financial Conduct Authority and licensed under 597312. Regulation ensures compliance with the law, reducing the occurrence of fraudulent activities and fostering a safer trading environment. Regulated brokers also maintain strict financial reporting standards, providing investors with transparent and reliable information to make informed decisions. However, it's important to note that while regulation provides oversight and accountability, it doesn't completely eliminate all risks. Traders should remain vigilant and exercise caution when participating in online trading activities.

Pros and Cons

　　InterTrader presents traders with the widely acclaimed MT4 and MT5 trading platforms, renowned for their robust features and user-friendly interfaces, providing access to a diverse array of trading instruments. However, the platform lacks comprehensive educational resources, which could limit traders seeking to enhance their skills and knowledge. Despite this, InterTrader operates under regulatory oversight, ensuring compliance with industry standards and bolstering investor confidence. Yet, there is insufficient information available regarding account types, potentially leading to confusion for prospective clients. Moreover, the platform lacks transparency regarding company policies and procedures, which may deter some traders.

Trading Instruments

　　InterTrader offers a diverse range of trading instruments, including shares, indices, forex, and commodities:

　　Shares: Engage in multi-asset CFD trading to take positions on individual shares, whether going long or short.

　　Indices: Gain exposure to broad market movements by trading global stock indices. With Intertrader's multi-asset CFD trading, traders can easily take long or short positions on indices, requiring only a margin deposit to initiate and maintain positions.

　　Forex: Access major, minor, and exotic forex pairs for trading opportunities around the clock.

　　Commodities: Diversify your portfolio by trading popular commodities such as crude oil, gold, and silver. Intertrader offers multi-asset CFD accounts, allowing traders to buy or sell commodities without needing to physically own the assets.

Deposit & Withdraw Methods

　　InterTrader accepts deposits securely online using debit or credit cards issued in the name of the account holder. Due to money laundering regulations, only deposits from the account holder's own bank or card accounts are accepted, not those from third parties.

Trading Platforms

　　InterTrader offers a diverse range of trading platforms to cater to different trader preferences and needs:

1. 　　InterTrader+ Web Platform: This powerful web platform allows traders to buy and sell shares, indices, forex, commodities, and more. It provides ultra-fast execution on various assets and integrates a suite of tools designed to support trading decisions.

2. 　　MetaTrader 5 (MT5): Recognized as one of the world's most popular multi-asset trading platforms, MT5 is available for PC, mobile, or tablet use. Traders can enjoy ultra-fast execution on equities, indices, commodities, forex, and more. Additionally, MT5 offers automation capabilities, empowering traders to automate their trading strategies.

3. 　　MetaTrader 4 (MT4): InterTrader offers the classic forex trading platform MT4, allowing traders to trade CFDs on PC, mobile, or tablet devices. With MT4, traders benefit from ultra-fast execution on major, minor, and exotic forex pairs, as well as a wide range of indices and commodities. MT4 also supports algorithmic trading and copy trading functionalities.

4. 　　Mobile Trading Apps: InterTrader provides mobile trading apps for iOS and Android devices, enabling traders to place trades on the go. These apps allow for tax-free spread betting or CFD trading and offer fast and reliable execution across the full range of asset classes. Traders can easily buy and sell markets with just a tap, ensuring access to markets around the clock.

Trading Tools

　　InterTrader offers a suite of trading tools to assist traders in making informed decisions and identifying trading opportunities:

1. 　　Alpha Generation: Utilize an automated pattern recognition tool from Trading Central to overlay three innovative technical indicators on MT5 charts in real-time.

2. 　　Crowd Insight: Access a companion tool to Market Buzz that scans thousands of news and social media sources to gauge public sentiment. Gain unique insights into market sentiment and investor emotions on specific markets.

3. 　　Economic Insight: Stay informed about market-moving macroeconomic events with an economic calendar from Trading Central. This tool provides valuable data and tools to monitor and act on economic events, allowing traders to assess how similar events have impacted markets in the past.

4. 　　Featured Ideas: Create personalized bullish and bearish trading updates with an easy-to-use tool from Trading Central. This tool identifies real-time trading ideas using award-winning pattern recognition, providing clear stop and target levels for traders.

5. 　　Newsletters: Subscribe to daily strategy and market newsletters to receive invaluable market data and intelligence from Trading Central. These newsletters are delivered straight to your inbox every trading day, keeping traders updated on market developments.

6. 　　Technical Views: Access actionable trading signals from Trading Central, combining senior analyst expertise with automated algorithms. This feature provides clear trendlines and entry and exit levels based on award-winning methodologies.

7. 　　Market Buzz: Utilize Trading Central's proprietary natural language algorithms to collect and analyze market news published online every day. This tool offers concise, actionable news-based analytics to help traders stay informed about market developments.

8. 　　Newsdesk: Stream curated content within the InterTrader+ platform to stay updated on market-moving events. Additionally, receive market commentary from the global analyst team at Trading Central, including directional calls to action.

Customer Support

　　InterTrader offers customer support via phone and email. You can reach them at +44 (0)20 3364 5189 or emailsupport@intertrader.com. They provide assistance 24/5, ensuring traders can access help when needed.

Conclusion

　　In conclusion, InterTrader offers traders access to the widely acclaimed MT4 and MT5 trading platforms, renowned for their robust features and user-friendly interfaces, enabling flexible and accessible trading opportunities across various instruments. However, the platform's limited educational resources may hinder traders looking to expand their skills and knowledge. Additionally, while InterTrader operates under regulatory oversight, providing a layer of security for investors, there remains ambiguity surrounding account types, potentially causing confusion among potential clients. Furthermore, the lack of transparency regarding company policies and procedures may deter some traders.

FAQs

　　Q: Is InterTrader regulated？

　　A: Yes, InterTrader is regulated, operating under the regulatory oversight of the Financial Conduct Authority and licensed under 597312.

　　Q: What trading instruments are available on InterTrader？

　　A: InterTrader offers a range of trading instruments, including shares, indices, forex, and commodities.

　　Q: What trading platform does InterTrader offer？

　　A: InterTrader provides traders with various trading platforms, including the InterTrader+ Web Platform, MT4, MT5, and Mobile Trading Apps.

　　Q: How can I contact InterTrader's customer support？

　　A: You can contact InterTrader's customer support via phone at +44 (0)20 3364 5189 or email at support@intertrader.com.

Risk Warning

　　Trading online carries inherent risks, and there's a possibility of losing your entire investment. It's important to acknowledge these risks and understand that the details provided in this review might change over time due to updates in the company's services and policies. The date of this review is also crucial as information may have evolved since then. Hence, readers are encouraged to verify current information directly with the company before making any decisions. Ultimately, the responsibility lies with the individual reader for using the information provided in this review.