Intertrader Review 2023

/ 5
Intertrader is #109 in our CFD broker rankings.

Choose from a multitude of trading platforms and instruments at Intertrader.


Demo Account

Award Winning

MetaTrader 4
Forex, CFDs, indices, shares, commodities, futures
Up to 10% rebate scheme
Wire Transfer, Skrill

Forex Trading

Buy and sell major, minor and exotic currency pairs at Intertrader.

Stocks Trading

Trader on 250 UK stocks, plus US & global shares.

CFD Trading

Intertrader offers leveraged CFDs in multiple financial markets.

Crypto Trading

Not Available

Spread Betting

Spread betting is offered to UK traders only.


  • Best Spread Betting Provider 2019 - COLWMA
  • Spread Betting Provider of the Year 2018 - MoneyAge
  • Value for Money 2018 - UK Leverage Trading Report
  • Spread Betting Provider of the Year 2017 - MoneyAge
  • Best CFD Provider 2016 - FX Empire

Intertrader is a forex and CFD broker that also offers spread betting and a service for professional clients called Intertrader Black. Our review focuses on the key aspects of trading with this firm, including demo accounts, the login process, broker fees, and minimum deposit requirements.

Intertrader Details

Intertrader Limited was founded in 2009 and is owned by GVC Holdings PLC. The company is regulated by the Gibraltar Financial Services Commission (GFSC) and is also on the UK’s Financial Conduct Authority (FCA) register. This firm has offices in London and Gibraltar and accepts clients from Australia to Paraguay.

Intertrader recently acquired Sigma Trading, a specialist broker that gave the company the necessary credentials to launch its professional client service.

Trading Platforms

Intertrader Web Platform

To access the platform, clients must sign in directly from the website with their standard login credentials. The No Dealing Desk (NDD) platform carries out trades with market-neutral execution and no requotes. A wide range of order types are available, including stop-loss, limit, and trailing stop.

The platform interface is highly customisable and clients can execute orders in a single click using a Quick Trading ticket. It also offers several free trading tools:

Intertrader Web Platform
Intertrader Web Platform

Intertrader Advanced Platform

The broker also offers a downloadable platform, which is available on Mac OS and Windows. The trading solution will appeal to clients who value the speed and stability of a software solution. The advanced version has the following features:

Intertrader Advanced Platform
Intertrader Advanced Platform

MetaTrader 4 (MT4)

Clients can utilise MT4, a widely popular trading platform, to deal in forex, indices, and commodities. The platform is available for download to PC and offers a market-leading array of trading and analysis tools:

Intertrader MetaTrader 4
Intertrader MetaTrader 4

Intertrader has a direct MT4 terminal that clients can use instead of the default platform interface. The broker also offers the FIX API on MT4 to create automated order systems, though potential users must deposit a minimum of £100,000.


This company offers the ZuluTrade auto-trading platform, which allows clients to copy the orders of professionals using a signals service. Users access the same market-neutral execution and all orders are completed via Intertrader.

Intertrader ZuluTrade
Intertrader ZuluTrade


Intertrade offers a range of products, including forex, CFDs and spread betting. Indices and commodities are also offered as future contracts. Prospective clients should note that spread betting is only available to UK customers, and that the asset offering varies with the trading platform:

Web Platform


Intertrader previously offered cryptocurrency trading, including Bitcoin, however cryptos are no longer available.

Spreads & Commission

Intertrader offers competitive spreads on both platform types. For example, EURUSD starts from 0.6 pips on the web platform and 1 pip on MT4.

The brokerage charges swap fees, and rates depend on several factors including closing price, unit exposure, and risk per pip. Intertrader also charges £/$3 per lot per side for MT4 forex trades plus 0.1% per side for UK and European share CFDs, and ¢2.95 per side for US shares.

Leverage Review


Leverage is available to retail clients at Intertrader. Major forex pairs are set at 1:30, minor forex pairs, gold and major indices at 1:20, minor indices and commodities other than gold at 1:10, and equities at 1:5.


Professional traders can access higher leverage rates, translating into lower capital requirements. Forex, gold, and indices are offered at 1:200, commodities other than gold at 1:100, and equities at 1:20.

See the brokerage’s website for further details on the margin levels required.

Mobile Apps

Intertrader App

The Intertrader platform is available as a mobile app on both Android and iPhone. Developed in collaboration with NetDania, the app is fully-featured and provides a complete trading experience for the user:

Intertrader mobile app
Intertrader mobile app

MT4 App

The MT4 platform is also offered on the App Store and Google Play. The app incorporates the full suite of orders, interactive charts, and technical analysis plus financial market news.

 MT4 mobile
Intertrader MT4 mobile


At Intertrader the minimum initial deposit is $500, and subsequent deposits must be at least $50. Clients can fund their account by bank transfer or via the platform using Skrill. Our review was disappointed to see this relatively high minimum deposit, as many large brokers now allow investments of $100 or less.

Clients can withdraw their funds once per day fee-free, but there is a minimum limit of $100. Traders can request another withdrawal in the same 24 hour period but will be subject to a $5 fee if less than $1,000. Users should contact customer support if they encounter a problem during this process.

Demo Account

Users can opt to open a web or MT4 demo account, depending on the platform they would like to trade with. This account also works with the mobile app and allows clients to familiarise themselves with the platforms before investing.

Bonuses & Promo Codes

Intertrader runs a rebate scheme called TradeBack for professional users. This programme compensates clients with between 5 and 10% of their execution costs, based on the total amount they have paid to open trades. This rebate can be withdrawn, but is only available to clients using the web platform – see terms and conditions for full details.

Regulation Status

Intertrader Limited is authorised by the Gibraltar Financial Services Commission, where clients can direct complaints if they are not resolved by the firm. The broker also has limited regulation from the Financial Conduct Authority (FCA). The company guarantees the safety of their client funds through the Gibraltar Investor Compensation Scheme (GICS), which entitles traders to up to €20,000 if the firm goes bankrupt. Importantly, online customer reviews of Intertrader suggest it is trustworthy.

Additional Features

The Intertrader website has a market news and insights section that publishes educational articles and an economic calendar. The broker also hosts informational content on trading forex, spread betting, and CFDs and has an active YouTube channel.

 economic calendar
Intertrader economic calendar

Professional Services

This broker offers other programs for consistent investors. Intertrader Pro takes applications for professional clients, including asset managers and family offices. Successful applicants can utilise level 2 market data on the premium professional platform. Intertrader Black is also available to professionals, providing bespoke investment strategies along with phone trading on equities. Intertrader Prime is geared towards high net worth individuals and the service is supplied by the category 1 investment dealer Argon Financial.

Account Types

Clients can either open a web trading account or an MT4 account. The former gives traders access to the web-based platform, the advanced platform, and the mobile app. The MT4 account allows clients to use the MetaTrader 4 platform and the associated app. Intertrader also offers separate accounts for spread betting and CFD trading.


Signing up for an account with Intertrader vs IG has several benefits:


Trading Hours

Opening hours depend on the market of interest and are listed next to each asset on the broker’s website. As a general rule, most markets are open for trading during weekday hours.

Customer Support

Clients can contact customer support 24/5 using the following channels:


Intertrader ensures that personal data is kept secure, and is situated in a password-protected database within a secure network safeguarded by advanced firewall software. They use SSL version 3 and TLS 1.2 with 128 and 256-bit encryption respectively.

Intertrader Verdict

Intertrader is a forex and CFD broker that also offers spread betting in the UK. This broker has a range of professional services including Intertrader Black, plus demo accounts and an own-brand platform with a fully-featured mobile app. This brokerage offers competitive spreads and could prove a good option for experienced clients seeking a professional trading experience.

Accepted Countries

Intertrader accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Intertrader from United States.

Payment Methods

Intertrader Details

Minimum Trade 0.01 lots
Regulated By Gibraltar Financial Services Commission & Limited Regulation under the FCA
Islamic Account No
Mobile Apps Yes
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Yes
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No
  • Gold
  • Silver

CFD Trading Details

FTSE Spread N/A
GBPUSD Spread 1.2
Oil Spread 3
Stocks Spread Variable
Leverage 1:30 Retail, 1:200 Professional

Forex Trading Details

GBPUSD Spread 1.2
EURUSD Spread 0.6
EURGBP Spread 0.9
Assets 45

Compare Intertrader

Compare Intertrader with similar brokers that accept traders from your location. Among available brokers these are the most similar to Intertrader:

  1. OANDA – OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
    Go to OANDA
  2. Webull – Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.
    Go to Webull
  3. – boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to

Intertrader Comparison Table

Compare Intertrader With Similar Brokers
Intertrader OANDA Webull
Rating 2.5 4.5 4.4 4.5
Markets Forex, CFDs, indices, shares, commodities, futures Forex Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account Yes Yes Yes Yes
Minimum Deposit $500 $0 $0 $100
Minimum Trade 0.01 lots $0 $5 $1
Regulators Gibraltar Financial Services Commission & Limited Regulation under the FCA CFTC, NFA SEC, FINRA CySEC, IIROC, NFA, CFTC, FCA, CIMA, CIRO
Bonus Up to 10% rebate scheme $5,000 welcome bonus with a deposit of $500 Six free stocks
Education No Yes Yes Yes
Platforms MT4 MT4, TradingView, AutoChartist MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:30 Retail, 1:200 Professional 1:30 EU, 1:200 Global 1:200
Payment Methods 2 12 3 8
Visit Visit Visit Visit
Review Intertrader

Compare Trading Instruments

Compare the markets and instruments offered by Intertrader and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Intertrader Trading Instruments
Intertrader OANDA Webull
CFD Yes No No Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes No Yes
Oil No No No Yes
Gold Yes Yes No Yes
Copper No Yes No No
Silver Yes Yes No Yes
Corn No Yes No No
Crypto No Yes Yes Yes
Futures Yes No No Yes
Options No No Yes Yes
ETFs No No Yes No
Bonds No Yes No No
Warrants No No No No
Spreadbetting Yes No No No
Volatility Index No No No No

Intertrader vs Other Brokers

Compare Intertrader with any other broker by selecting the other broker below.

Intertrader vs


Who owns Intertrader?

Intertrader Limited is owned by GVC Holdings PLC. The CEO of Intertrader is Shai Heffetz.

Is Intertrader legit and trustworthy?

Reviews online indicate that Intertrader is a good firm with a legitimate offering. The firm also has oversight from two financial bodies.

Is Intertrader regulated?

This broker is regulated by the Gibraltar Financial Services Commission and has limited regulation from the Financial Conduct Authority (FCA).

What platforms does Intertrader offer?

Intertrader has two own-brand platforms: a ‘web-based’ solution and an ‘advanced’ download alongside a mobile app. The broker also offers MT4 integration in a separate account.

Does Intertrader offer a demo account?

The broker offers two demo accounts – the web-based platform and MT4 accounts. Prospective clients can use these to practice trading before they make a deposit.

Choose from a multitude of trading platforms and instruments at Intertrader.