deposit:
- $10
Trading platform:
- Proprietary web platform
- Availability of risk management
- no cryptocurrencies
Attention!
Due to the large number of negative reviews about this company, found when updating this page, and the low average rating, the author of the review does not recommend working with this broker.
The author advises to cooperate with companies ranking 6th or better in the rating.
Summary of Intrade Bar Trading Company
Intrade Bar is a moderate-risk broker with the TU Overall Score of 6.36 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 ranks 7 among 21 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
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.
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.
💰 Account currency: | USD |
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🚀 Minimum deposit: | $10 or |
🔧 Instruments: | 21 currency pairs |
👍 Advantages of trading with Intrade Bar:
- 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.
👎 Disadvantages of Intrade Bar:
- 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.
Evaluation of the most influential parameters of Intrade Bar
Geographic Distribution of Intrade Bar Traders
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Intrade Bar Latest Comments for 2023 i
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Expert Review of Intrade Bar
Intrade Bar is a new binary options broker that describes itself as a trustworthy company with clear conditions. At the moment, the broker offers a fixed payout percentage based on the bet amount and the expiration time. Payouts for 3-minute expiration are 82%, and payouts for bets over $80 are 85%. Money is withdrawn from the account in 5 minutes, but delays of up to 2-3 days are common.
Intrade Bar offers its clients a unique trading platform of its own design. It is accessible via any browser, and useful functionality allows users to tailor the interface to their trading style. The company does not require scanned copies of documents for deposits and withdrawals using electronic wallets. The verification of a plastic bank card, on the other hand, is a required process. The broker does not hold contests among its clients, and there are also no bonuses.
The website of the company contains very little useful information. After independently searching for educational materials, a novice can test the company’s conditions in practice on a demo account.
Dynamics of Intrade Bar’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets and Products of the Broker
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.
Trading Conditions for Intrade Bar Users
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).
More about Intrade.Bar Profile Details
$10
Minimum
deposit
1:1
Leverage
8/5
Support
💻 Trading platform: | Proprietary web platform |
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📊 Account types: | Demo, Real Classic, Real Sprint |
💰 Account currency: | USD |
💵 Replenishment / Withdrawal: | Visa or MasterCard bank cards, WebMoney, Perfect Money, Payeer, AdvCash |
🚀 Minimum deposit: | $10 or |
📈️ 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 |
Comparison of Intrade Bar with other Brokers
Intrade Bar | Pocket Option | Binary.com | QUOTEX | IqOption | Daxbase | |
Trading platform |
Mobile MT4, WebTrader | MT5, Web, Mobile | WebTrader, Mobile | Mobile MT4, Web platform, Browser platform | IQ Option | Proprietary browser platform |
Min deposit | $10 | $50 | $5 | $10 | $10 | $250 |
Trading instruments |
metals | currency | indexes, Forex, goods, stock, random index | currency pairs / CFD, indices, Cryptocurrencies, Commodities | Options, stock, Forex, Crypto, Commodities, indexes, CFDs on ETFs | Cryptocurrencies, Commodities, Stocks, indices |
Signals | Yes | No | No | No | No | No |
Analytical support |
Yes | No | Yes | No | Yes | No |
Training | Yes | No | Yes | No | Yes | No |
Additional tools |
No | Copy Trading tool | premature closing | No | premature closing | No |
Broker comparison table of trading instruments
Intrade Bar | Pocket Option | Binary.com | QUOTEX | IqOption | Daxbase | |
Forex | Yes | Yes | Yes | Yes | Yes | Yes |
Metalls | No | No | Yes | Yes | Yes | Yes |
Crypto | No | Yes | No | Yes | Yes | Yes |
CFD | No | No | Yes | Yes | Yes | Yes |
Indexes | No | Yes | No | Yes | Yes | Yes |
Stock | No | No | No | No | Yes | Yes |
ETF | No | No | No | No | Yes | No |
Options | Yes | Yes | Yes | Yes | Yes | Yes |
Intrade Bar Commissions & 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 |
Intrade Bar | $1 | Low |
VideForex | $5 | Medium |
IQcent | $7 | High |
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.
Guide on how traders can start earning profits
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.
Investment Education Online
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.
Security (Protection for Investors)
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.
Withdrawal Options and Fees
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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.
Customer Support Service
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 |
Email:
support@intrade.bar,
|
Review of the Personal Cabinet of Intrade Bar
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.
Disclaimer:
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.
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FAQs
Do reviews by traders influence the Intrade Bar rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Intrade Bar you need to go to the broker's profile.
How to leave a review about Intrade Bar on the Traders Union website?
To leave a review about Intrade Bar, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Intrade Bar on a non-Traders Union client?
Anyone can leave feedback about Intrade Bar on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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