InterTrader Review

Spread Betting Company	Spreads From	Deposit Margin	Trade Min.	Account Min.	Loyalty Program	Special Offers	Mobile Trading	Total Score
InterTrader	0.8 pip	1-20%	£1	£0	Tradeback™	Up to £5000 Bonus Referrals	Apple Android	8.1

Trading Market

An InterTrader account gives you access to UK, US and international shares; ranging from FX and trade stock indices to commodities, oils and metals. There are a large range of commodities, available to spread bet on including a number of soft commodities including coffee, sugar and corn. Intertrader also have the TradeBack programme in effect. This unique cash loyalty incentive gives users a monthly rebate on their trading costs, of up to 10% of all spread fees in a given monthly period. This isn’t a hidden offer either, all users are automatically opted in and can enjoy the benefits straight away. The low prices of the spreads and the rebate programme, go hand in hand to reduce InterTrader’s spreads at the lowest available price to you.

Betting Platforms

InterTrader is available as either a web-based platform, MT4 platform download or as an iPhone, iPad or android app. The MT4 platform offers extended functionally from the web page and is available as a free download, but may be overwhelming for novice traders. The iPhone app offers all the functionality of the web page, allowing you to ensure that you haven’t missed an important opportunity whilst you were out and about.

Benefits

Whether you’re an experienced Day Trader or a casual novice, InterTrader has a generous help catalogue at your disposal. Clients have access to live charts, product information tables, webinars and a customer care line that is available to you Monday to Friday, between 8am and 7pm. If you are interested in spread betting, but apprehensive about the safety of your funds, try the InterTrader Demo Account out first. This risk-free option lets you navigate through the dealing platform and practice with “paper trades”. Users get a virtual cash injection of £10,000, which allows them to really get a feel for live trading without any of the associated risks. Members can also access a Tool Kit page which offers even more help day to day.

Special Offers

InterTrader currently has some excellent offers available to entice you into depositing into a new account. They are currently running a limited time offer which gives new clients 10% cash back on their first deposits. This 10%, bonus is available up to £1000, as long as you make your first deposit by 31st December 2011. So if you deposited £10,000 you would see yourself with £11,000 to trade with, which is obviously an attractive proposition. InterTrader also operates a Refer a Friend programme. Whenever a friend of yours enrols it lets InterTrader know that you referred them, so you and your friend will receive £100 each. You can take advantage of this bonus up to five times, potentially netting yourself another £500.

Site Strengths

• The generous “Tradeback” scheme
• The current available special offers
• The daily email sent to you, with all relevant financial information about the previous day
• InterTrader are monitored by the FSA instead of the gambling commission. This means that InterTrader must have sufficient liquid capital to remain in business. This ensures that they always have sufficient funds to pay out to you.

Site Weaknesses

• The educational tools are more fitting to beginner traders than to those with a working knowledge of spread betting.

Conclusion

On the whole, InterTrader offers a nicely integrated experience for traders. The education and market analysis are blended nicely into the framework of each piece of the programme, cleverly allowing it to appeal to novice and experienced traders alike. A rundown of InterTrader’s best and worst features are detailed below.

More details

• Website: Intertrader
  

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