Between 64-72% of retail investor accounts lose money when trading these products with this provider.

  1. Home
  2. Compare Spread Betting Brokers
  3. InterTrader review

InterTrader Review

  • 2

InterTrader is a forex and spread betting broker. They give traders access to a wide variety of instruments in several markets like currencies, commodities and bonds. For traders interested in cryptocurrencies like Bitcoin, InterTrader offers cryptocurrency CFDs.


  • Segregates client funds
  • Established in 2009
  • Regulated by Financial Conduct Authority
  • Min. deposit from $1


To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, InterTrader offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by . InterTrader puts all client funds in a segregated bank account and uses tier-1 banks for this. InterTrader has been established since 2009, and have a head office in Gibraltar.

Before we dive into some of the more detailed aspects of InterTrader’s spreads, fees, platforms and trading features, you may want to open InterTrader’s website in a new tab by clicking the button below in order to see the latest information directly from InterTrader.

Visit InterTrader

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

InterTrader screenshot Open a demo account

Between 64-72% of retail investor accounts lose money when trading these products with this provider.

What are InterTrader's spreads & fees?

Like most brokers, InterTrader takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The commisions and spreads displayed below are based on the minimum spreads listed on InterTrader’s website. The colour bars show how competitive InterTrader's spreads are in comparison to other popular brokers featured on BrokerNotes.

EUR/USD (Average: 0.7 pips) Not offered 0.7 pips 0.1 pips
GBP/USD (Average: 1.1 pips) Not offered 1.7 pips 0.1 pips
USD/JPY (Average: 1.1 pips) Not offered 0.6 pips 0.1 pips
AUD/USD (Average: 0.8 pips) Not offered 0.6 pips 0.2 pips
USD/CHF (Average: 2.3 pips) Not offered 2.3 pips 0.2 pips
USD/CAD (Average: 2.9 pips) Not offered 0.5 pips 0.3 pips
NZD/USD (Average: 3.6 pips) Not offered 2.8 pips 0.3 pips
EUR/GBP (Average: 2.4 pips) Not offered 0.5 pips 0.1 pips

Spreads are dynamic and are for informational purposes only.

As you can see, InterTrader’s minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with InterTrader vs. similar brokers.

See all Spreads

How much does InterTrader charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with InterTrader at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $0. Here’s a rough breakdown of the fees and how this compares against IG & XTB .

InterTrader IG XTB
Spread from: $ 0.00 $ 6.00 $ 2.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 0.00 $ 6.00 $ 2.00
$6 more $2 more
Visit InterTrader Visit IG Visit XTB

All fees/prices are for informational purposes and are subject to change.

What can you trade with InterTrader?

InterTrader offers over 337 different instruments to trade, including over 45 currency pairs. We’ve summarised all of the different types of instruments offered by InterTrader below, along with the instruments offered by IG and XTB for comparison.

FX / Currencies InterTrader IG XTB
# of forex pairs offered 45 90 48
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies* Yes Yes Yes
Commodity CFDs InterTrader IG XTB
# of commodities offered 10 34 21
Metals Yes Yes
Energies Yes Yes
Agricultural Yes Yes
Index & Stock CFDs InterTrader IG XTB
# of stocks offered 250 8000 1606
UK shares Yes Yes
US shares Yes Yes
German shares Yes Yes
Japanese shares Yes Yes
See InterTrader's InstrumentsSee IG's InstrumentsSee XTB's Instruments

What’s the InterTrader trading experience like?

1) Platforms and apps

InterTrader offer a user-friendly custom trading platform, available as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here

InterTrader Screenshot

InterTrader also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See InterTrader's platforms

2) Executing Trades

With InterTrader, the minimum and maximum trade requirements vary depending on the trader and the instrument. As InterTrader offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you’re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that InterTrader offers its traders below.

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP

Accounts offered:

  • Mini account
  • Standard account
  • ECN account

Funding methods:

  • Credit cards
  • Bank Transfer
  • Payoneer

3) Client support

InterTrader support a wide range of languages including German, French, Spanish, and English.

InterTrader has a BrokerNotes triple AAA support rating because they offer a wide range of languages and support options.

4) What you’ll need to open an account with InterTrader

As InterTrader is regulated by Financial Conduct Authority , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore InterTrader’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with InterTrader you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results. *Availability subject to regulation.
This post is for educational purposes and should not be considered as investment advice. All information collected from on 01/10/2021.