Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
InterTrader Pros & Cons
- Wide range of assets.
- Low trading fees.
- The broker uses the No Dealing Desk system.
- Availability of PAMM and MAM trust accounts.
- Easy online account opening.
- A wide range of free trading instruments.
- High minimum deposit of 500 USD/EUR/GBP.
- The broker does not provide cent accounts.
- There is no online chat on the website or in the personal account.
InterTrader is an STP and ECN broker that has been providing services for trading Forex and CFD instruments since 2009. It is part of a large holding conglomerate called Entain Plc, which is one of the leaders in the field of sports betting and has offices on five continents. InterTrader is regulated by the Gibraltar Financial Services Commission (GFSC, 105224) and is registered with the UK Financial Conduct Authority (FCA, 597312). The broker uses the latest technology to provide trading services. It allows its clients to have direct access to financial markets around the world.
TU Expert Verdict
InterTrader demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
InterTrader User Reviews
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5-star
5%
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4-star
30%
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3-star
40%
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2-star
5%
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1-star
20%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria6 /10The trading and non-trading commissions of InterTrader have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- No inactivity fee
- No deposit fee
- No withdrawal fee
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of InterTrader with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, InterTrader’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
InterTrader Standard spreads InterTrader OANDA FOREX.com EUR/USD min, pips 0.3 0.1 0.7 EUR/USD max, pips 0.6 0.5 1.2 GPB/USD min, pips 0.5 0.1 0.9 GPB/USD max, pips 0.9 0.5 1.4 Does InterTrader support RAW/ECN accounts?
As we discovered, InterTrader does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with InterTrader. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
InterTrader Non-Trading Fees InterTrader OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is InterTrader Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria9 /10InterTrader has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Regulated in the UK
- Track record over 21 years
- Strict requirements and extensive documentation to open an account
InterTrader Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level FCA UK
Full Name Financial Conduct Authority Country of regulation United Kingdom Investor Protection Fund Up to £85,000 Regulation Level Tier-1 InterTrader Security Factors Foundation date 2005 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.5.5 /10InterTrader offers the following account options: Demo, Standard.
However, InterTrader does not provide a Standard account, which can be a drawback for traders who prefer classic spread-based pricing models.
- Standard account with balanced trading conditions
- Low minimum deposit
- Demo account
- No Cent account
- No ECN/Raw spread account
InterTrader account types vs top competitors InterTrader Trading.com Plus500 Standard YesYesYesECN/Raw spread NoNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP NoNoNoManaged NoNoNoInterTrader accounts trading conditions
InterTrader offers two types of accounts. Both of them allow you to trade CFDs and Forex without a dealing center. Leverage is from 1:5 to 1:200, depending on the traded assets and the client’s status. The minimum initial deposit is 500 USD/€/£, each subsequent deposit cannot be less than 50 USD /€/£.
Account types:
Account Type Description Web account This is an account for trading currency pairs, CFDs on indices, stocks, commodities, and futures on government bonds through its proprietary desktop and web platforms. Floating spreads are from 0.6 pips. Professional web accounts can participate in the TradeBack loyalty program. MT4 account This account allows you to trade Forex instruments and CFDs on indices and commodities. Spreads are also floating and start from 0.3 pips, but as an additional trading fee, the broker charges 3 units of the base currency of the traded pair per standard lot on each side. For example, for USD/GBP, the broker holds $3 (per $100,000 lot) when opening and $3 when closing. If the commission currency differs from the account currency, it is automatically converted to the base currency of the account. MT4 account owners are allowed to use expert advisors and Fix-API (Fix: daily currency pair benchmark + application programming interface). The broker’s clients can test the conditions on demo accounts, however, they are available only on desktop and mobile MT4 terminals.
This STP and ECN broker is primarily aimed at professional market traders. However, retail traders who can invest in Forex from $500 can also trade here.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5.8 /10InterTrader received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
InterTrader provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Minimum deposit below industry average
- Bank card deposits and withdrawals
- Bank wire transfers available
- No deposit fee
- BTC payments not accepted
- Only major base currencies available
- USDT payments not accepted
What are InterTrader deposit and withdrawal options?
InterTrader provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill.
InterTrader Deposit and Withdrawal Methods vs Competitors InterTrader Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC NoNoNoWhat are InterTrader base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. InterTrader supports the following base account currencies: USD, EUR, GBP.
What are InterTrader's minimum deposit and withdrawal amounts?
The minimum deposit on InterTrader is $100, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact InterTrader’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5 /10InterTrader offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 56 Forex pairs.
- 56 supported currency pairs
- Indices trading
- Futures not available
- Crypto trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by InterTrader with its competitors, making it easier for you to find the perfect fit.
InterTrader Trading.com Plus500 Currency pairs 56 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. NoNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products InterTrader offers for beginner traders and investors who prefer not to engage in active trading.
InterTrader Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading NoNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at InterTrader by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10We successfully registered an account with InterTrader in 25 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at InterTrader is $100. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Low minimum deposit requirement
- Fully online account opening process
- Registration process may take longer than expected
- Account approval may require extra time depending on the documentation.
InterTrader account opening InterTrader Trading.com Plus500 Online Registration YesYesYesMinimum deposit $100 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 25 20 KYC time (days) 2 2 3 Is InterTrader available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To register with InterTrader and create a personal account, do the following:
Go to the official website of the company and click Create Account on its main page.
Choose the account type.
Fill out the registration form, indicating your name, surname, phone number, and email.
Attach scans of your passport and a document confirming your residence address.
After confirming the data used on the application for opening a trading account (the corresponding letter comes to the email specified during registration), you need to log in to your personal account. To do this, click the Log In button, and then enter your username and password.
The following is also available in the InterTrader personal account:
- Deposit and withdrawal of funds.
- Making transactions on the web platform.
Also, in the personal account you can:
- Create watchlists.
- Set up price alerts.
- Configure and connect to charts and other indicators.
- View and sort open and executed orders.
- Manage accounts.
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Customer Support
Score:We evaluated Customer Support at InterTrader by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria8.8 /10InterTrader demonstrates a high level of customer support. Assistance is available through multiple channels, and most requests are handled quickly.
During TU testing, managers responded promptly, communication was clear and structured, and support continued until the issue was fully resolved. Overall, InterTrader shows reliable service and active engagement with clients.
InformationThe support team is active around the clock from Monday to Friday.
- Operators answer questions by email within 1-2 hours
- Can be contacted via social networks
- Doesn’t work on Saturdays and Sundays
- There is no online chat
InterTrader provides the following communication channels for its clients:
- phone;
- email;
- letter to this address: London EC2V 5DE;
- via ready-made contact form from the support section;
- via messenger on Facebook, Twitter, or LinkedIn.
Company representatives answer questions from clients, as well as traders who have not yet opened a trading account with InterTrader.
Contacts Foundation date 2005 Registration address City Tower, 40 Basinghall St, London EC2V 5DE Regulation FCA, GFSC Official site https://www.intertrader.com/ Contacts support@intertrader.com +44 203 364 5189
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FAQs
How is InterTrader regulated and what safety measures protect client funds?
InterTrader has a safety score of 9/10 and is regulated by the UK Financial Conduct Authority (FCA), which is classified as Tier-1 regulation in this review. The broker offers negative balance protection, requires KYC verification, and participates in an investor protection fund that covers eligible clients up to £85,000, with a track record dating back to 2005.
What trading account types and key conditions are available with InterTrader?
InterTrader offers Standard and Demo accounts, with two main live account formats: a Web account and an MT4 account, both supporting Forex and CFD trading. Leverage ranges from 1:5 to 1:200 depending on asset and client status, the minimum initial deposit is 500 USD/€/£ with subsequent deposits from 50 USD/€/£, and there is no ECN/Raw spread, Cent, Micro, Swap-free, VIP, or managed account option mentioned in this section.
What do InterTrader user reviews say about overall satisfaction?
InterTrader has a user satisfaction score of 5.9/10 based on 20 reviews, with a rating distribution of 5% 5-star, 30% 4-star, 40% 3-star, 5% 2-star, and 20% 1-star evaluations. According to user reviews, overall sentiment is mixed rather than strongly positive or negative.
Which markets and instruments can be traded with InterTrader according to the review comments?
The review notes that InterTrader supports 56 currency pairs and offers trading in stocks, commodity futures, and stock indices, while crypto and options trading are not available. It also states that there are no bonds, ETFs, copy trading, PAMM investing, or managed account investment options mentioned for this broker.
How does the InterTrader account opening process work and how long does it take?
The review states that opening an InterTrader account is fully online, took 25 minutes for registration, and KYC verification was completed within 2 business days, with a minimum deposit of $100. The process involves choosing an account type, completing a registration form, uploading ID and proof of address, confirming data via email, and then using the personal area to manage accounts, deposit and withdraw funds, place trades on the web platform, and configure tools such as watchlists and price alerts.
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Seems like they do this to everyone. I had the same situation. And started well here, a couple of months. and everything went downhill.