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.
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.
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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, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- No inactivity fee
- No deposit fee
- No withdrawal fee
- No ECN/Raw Spread account
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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
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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, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Standard account with balanced trading conditions
- Low minimum deposit
- Demo account
- No Swap Free account
- No VIP account option
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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.
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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.
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Trading Account Opening
We 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.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 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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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 /10
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InterTrader Video Guides
FAQs
How secure is trading with InterTrader in terms of regulation and client protection?
InterTrader has a safety score of 9/10, indicating a high security level under the Traders Union methodology. It is regulated by the FCA in the United Kingdom (a Tier-1 regulator), offers negative balance protection, requires KYC verification, and clients may be covered by an investor protection fund of up to £85,000, although specific risks beyond this are not detailed in the section.
What account types and trading conditions does InterTrader offer?
InterTrader provides Demo and Standard 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 spreads start from 0.6 pips on the Web account and 0.3 pips on MT4 plus a commission of 3 units of the base currency per side per standard lot.
What do mixed user reviews say about InterTrader’s overall service quality?
InterTrader has a user satisfaction score of 5.9/10 based on 20 reviews, with a rating distribution that includes 5% 5-star, 30% 4-star, 40% 3-star, 5% 2-star, and 20% 1-star evaluations. According to user reviews, this mix suggests a moderate level of satisfaction, with experiences ranging from positive to critical rather than a clearly one-sided perception.
What deposit and withdrawal conditions and user feedback are reported for InterTrader?
InterTrader has a medium score of 5.75/10 for its deposit and withdrawal processes and offers bank cards, bank wire, and Skrill, with no stated deposit or withdrawal fees and a minimum deposit and withdrawal of $100. The section notes some limitations in flexibility, such as the absence of PayPal and BTC as a base currency, but does not provide detailed user feedback or comments on individual experiences with payments.
How responsive and accessible is InterTrader customer support according to available feedback?
InterTrader’s customer support has a high score of 8.8/10, with assistance available 24/5 via phone, email, postal mail, a web contact form, and social media messengers. Based on user feedback from TU testing, managers responded within 1–2 hours by email, communication was clear, and support continued until issues were resolved, although there is no online chat and service is not available on weekends.
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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.