According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10
- Proprietary web platform
- Availability of risk management
- no cryptocurrencies
Our Evaluation of Intrade Bar
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Intrade Bar is a moderate-risk broker with the TU Overall Score of 5.8 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Intrade Bar clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Intrade Bar is a broker for binary options trading suited for traders with any work experience, which offers a platform with an intuitive interface and a risk management function.
Brief Look at Intrade Bar
Intrade Bar began operations in the CIS countries in 2016. The company is dedicated to providing favorable conditions for binary options trading. The broker works with FXCM, a reliable liquidity provider, to ensure that its clients receive accurate currency quotes. One of the distinguishing features of Intrade Bar is the fixed payment on trades, which ranges from 82 to 85%. Because the company listens to its clients’ needs, it is constantly improving the functionality of the trading platform by adding new indicators and tools.
The company does not participate in the cashback program.
- a risk management function, that is, the ability to set acceptable values of loss and profit;
- low minimum deposit;
- two types of strategies: Classic and Sprint trading.
- no trade copy service or options for passive earnings;
- a limited set of trading instruments — only currency pairs;
- offshore registration and lack of a license;
- an uninformative website without education tools or analytics;
- the support service does not work on weekends or after 17:00 Moscow time.
TU Expert Advice
Author, Financial Expert at Traders Union
Intrade Bar provides services in binary options trading with its proprietary web platform, primarily focusing on currency pairs. The platform is highly intuitive, allowing users to adjust the interface to suit their trading style, with two account types. Intrade Bar requires a low minimum deposit of $10, offers no bonuses or cryptocurrency options, and has quick withdrawal processes with multiple payment options.
However, Intrade Bar operates under offshore registration without Tier-1 regulation or copy trading, which may not be suitable for risk-averse traders seeking strong regulatory oversight. The absence of comprehensive educational support and limited trading instruments could restrict professionals seeking diverse options. Nonetheless, its intuitive platform and low entry barrier may be ideal for beginners.
Intrade Bar Summary
Your capital is at risk. CFDs are considered complex derivatives and may not be suitable for retail clients. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The products mentioned here may be affected by changes in currency exchange rates. If you invest in these products, you may lose some or all of your investment, and the value of your investment may fluctuate. You should never invest money that you cannot afford to lose and never trade with borrowed money.
| 💻 Trading platform: | Proprietary web platform |
|---|---|
| 📊 Account types: | Demo, Real Classic, Real Sprint |
| 💰 Account currency: | USD |
| 💵 Deposit / Withdrawal: | Visa or MasterCard bank cards, WebMoney, Perfect Money, Payeer, AdvCash |
| 🚀 Minimum deposit: | $10 |
| 📈️ Min Order: | $1 for dollar accounts |
| 🔧 Instruments: | 21 currency pairs |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | Yes |
| ⭐ Trading features: | Availability of risk management; no cryptocurrencies |
| 🎁 Contests and bonuses: | No |
Trading conditions at Intrade Bar are typical of the binary options market. Clients of the broker trade currency pairs on a web platform that is designed to take into account the specifics of working with options. Depending on the currency of the account, the minimum deposit is $10, and the minimum bet is $1. There is no multiplier (analogous to leverage).
Intrade Bar Key Parameters Evaluation
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Trading Account Opening
To start trading binary options with Intrade Bar, you need to open a trading account. To do this, follow these steps:
Go to the official website of the company and click the “Register” button. Enter your name and email address, select the type of account (Demo or Real), and click “Send”.
Choose the trading style (Classic or Sprint) and the account currency. The generated password will be sent to the email address specified during registration and must be entered later when logging in on the website. Before adding funds to your account from the bank card, go through verification. The trading platform can be accessed through your user account; the web version does not need to be downloaded or installed on a PC.
The Intrade Bar’s user account includes the following functions:
Deposits and withdrawals.
Referral program statistics.
Other functions and features available from the user account:
trades statistics. Contains trading data for a specified period. It is available for download and saving in Microsoft Excel spreadsheet format.
checking quotes. The data is displayed in real-time and updated every second;
enabling or disabling the “Single click trading” function;
broker’s news, FAQs, and access to the client support service.
Regulation and safety
The company Intrade Bar operates from the territory of Saint Vincent and the Grenadines. Offshore registration allows a broker to provide services without obtaining a license.
A prospective trader should be aware of the risks associated with potential financial issues. At the same time, because Intrade Bar values its reputation, its employees strive to respond quickly to all client inquiries.
Advantages
- Wide range of payment systems to deposit and withdraw funds
Disadvantages
- The company’s affected client is unable to file a complaint with any regulator seeking material damage compensation.
- No protection against a negative balance
- Disputes are resolved following internal regulations, without the involvement of an independent arbitrator.
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Real Classic | From $1 | Yes, under certain conditions |
| Real Sprint | From $1 | Yes, under certain conditions |
Due to the nature of the broker’s work, there are no swaps.
TU experts also compared the withdrawal fees of Intrade Bar and other binary options brokers. The comparative results based on this criterion are shown in the table below.
| Broker | Average commission | Level |
|---|---|---|
|
$1 | |
|
$5 | |
|
$7 |
Account types
Intrade Bar offers a choice of two types of real accounts. They differ from each other by the expiration date. The minimum bet on both accounts is $1 for dollar accounts. The trader chooses the type of account after creating a user account. It is possible to use both accounts and switch between them at any time. If you want to learn how to make money on Intrade.Bar, read the Traders Union article.
Account types:
A trader can open a training (demo) account to learn the principles of operation and functionality of the trading platform.
Intrade Bar enables binary option trading not only for professionals but also for novices with little or no experience at all.
Deposit and withdrawal
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The funds from the Intrade Bar platform can be withdrawn automatically. A withdrawal request may be submitted at any time and on any day of the week. The minimum withdrawal amount is $10; a maximum value is not set.
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Money can be withdrawn through systems such as WebMoney, Perfect Money, Payeer, AdvCash, as well as Visa or MasterCard plastic cards.
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On average, the crediting of funds takes from 1 minute to 1 hour. The number of transactions is limited to two per day.
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Withdrawal and deposit currencies — USD.
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For withdrawals to a bank card, the card must be verified. However, money can be withdrawn to electronic wallets without providing passport information.
Investment Options
Intrade Bar is a broker that strives to provide the most comfortable conditions for independent active trading. Because of the nature of options trading, there are no investment portfolios or PAMM accounts in the company’s assets with which Forex traders are familiar. Also, the broker does not allow for the use of automatic copying, which is analogous to social trading on Forex. The only way for clients to earn passive income is to join a referral program .
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Referral program from Intrade Bar
1% of the trades of the connected client.
53% of the broker’s income for each connected trader. The income of the partner is calculated as follows: (broker’s income - client’s income) * 53%.
When applying for program participation, the client has the option to choose the type of referral remuneration. The partner can withdraw funds through any of the payment systems selected in the user account.
Customer support
The broker’s customer support team answers clients’ queries on weekdays from 09:00 to 17:00, Moscow time.
Advantages
- Online chat
Disadvantages
- Not reachable on weekends
- No phone support
Client services can be reached using the following methods:
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via online chat on the website;
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by email;
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in the VKontakte social network.
Support is available through the broker’s website and from the user account.
Contacts
| Foundation date | 2000 |
|---|---|
| Registration address | Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown St. Vincent and the Grenadines |
| Official site | intrade.bar |
| Contacts |
Education
There is no dedicated education section on the intrade.bar website. The website contains very little information about the features of binary options trading, and account conditions are only available after registration. More about how to buy/sell on Intrade.Bar
After studying trading theory, you can train on a demo account.
Comparison of Intrade Bar with other Brokers
| Intrade Bar | Pocket Option | Binarium | Binary.com | VideForex | DaxRobot | |
| Trading platform |
Mobile MT4, WebTrader | MT5, Web, Mobile | Binarium | Deriv Trader, MT5 | Proprietary platform, Mobile platforms | Daxbase web platform |
| Min deposit | $10 | $5 | $5 | $5 | $50 | $250 |
| Trading instruments |
Currency pairs | currency | indexes, Currencies, Cryptocurrencies | indexes, Forex, goods, stock, random index | Commodities, Currencies, Options, Stocks, Crypto, currency pairs / CFD | Binary options (fiat currencies and cryptocurrencies) |
| Signals | Yes | No | No | No | Yes | No |
| Analytical support |
Yes | No | No | Yes | Yes | No |
| Training | Yes | No | No | Yes | Yes | No |
| Additional tools |
No | Copy Trading tool | No | premature closing | Copy Trading tool | No |
Detailed review of Intrade Bar
Intrade Bar is a classic binary options broker. A transparent trading platform with convenient functionality, and a risk management system, make it possible for both professionals and novice traders to work comfortably. The main priorities of the company are fast withdrawals of funds and accurate quotes from a reliable FXCM liquidity provider. At the moment, traders cannot trade precious metals or cryptocurrencies because the broker only offers 21 pairs of popular currencies.
Intrade Bar by the numbers:
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payouts range from 82 to 85%;
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7 minutes is the average withdrawal time to bank cards and e-wallets;
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more than four years of steady work in the CIS market.
Intrade Bar is a binary options broker for both beginners and experienced traders.
Intrade Bar has a proprietary trading platform. Its functionality allows users to set the expiration date of options ranging from 1 to 500 minutes, the amount bet, and the acceptable level of risk and profitability. Users can set timeframes ranging from one minute to one day and add indicators to the chart from a drop-down list. Clients of the broker can also select a trading style: Classic or Sprint. The expiration time in traditional trading can be set at the end of each 5-minute candle. When choosing the Sprint mode, the user sets the time individually. The amount and timing parameters of the bet vary depending on the asset.
The web platform’s user-friendly interface allows traders to trade with a single click and open trades with hotkey combinations. The company does not offer mobile trading platforms ( Mobile App ) to its clients because it believes they are unsuitable for serious and professional traders.
Intrade Bar’s useful services:
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The Martin coefficient. Enabling this function allows the system to automatically multiply the bet by the user-specified value.
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Hotkeys. These allow the user to open a trade, as well as change its amount and expiration time, from the keyboard by using a specific key combination.
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Ability to create templates. A function for making personal settings based on indicators.
Advantages:
the minimum deposit is relatively low;
quotes from a trusted liquidity provider;
automatic withdrawal of funds at any time and day of the week without the involvement of a human in the application processing;
proprietary trading platform with convenient functionality and all the functions necessary for comfortable trading;
availability of a free demo account with virtual currency;
the ability to open an account in dollars.
Clients of the broker trade independently, without the use of expert advisors, third-party plug-ins, or trade copy services. Algorithmic trading is not allowed. Available countries where the broker legally operates.
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