InterTrader Direct was launched in 2013 to provide No Dealing Desk spread betting and CFDs, with 100% market-neutral execution. Designed to provide a fair, flexible and transparent trading service for its clients, the broker aims to make the markets accessible to all. InterTrader is designed to make trading affordable and to provide a service traders can trust, trading against the financial markets, not against their broker.
A Choice of Trading Platforms
InterTrader Direct offer a web-based platform for CFD trading and spread betting. The platform interface offers flexibility, enabling you to resize, switch off or tear off panels or individual trading tickets. There’s a full array of order types too. You can set stop-loss and limit orders on any of your positions, use a new order to open a new trading position automatically should the market hit your specified level, or place a Trailing Stop to adjust automatically if the market moves in your favour, locking in your gains. What’s more, the platform is packed with free news and research tools, including basic and advanced charts from IT-Finance, trading signals from Trading Central, automated technical analysis from Autochartist and a live audio news service from Livesquawk. InterTrader Direct are committed to offering no requotes – meaning the price you see is the price you will trade.
There is a suite of mobile trading apps covering a wide range of smartphones and tablets if trading on the move is your thing.
The popular MT4 platform and associated mobile apps is available to download for traders who prefer a more sophisticated and adaptable solution.
Safety of Funds
Any funds you deposit with InterTrader Direct, and all profits you make, are handled responsibly and securely, and their innovative parental guarantee from bwin.party holdings Ltd ensures that your funds are guaranteed in full.
As a customer of an authorised financial services company in Gibralta, you are given access to the Gibraltar Investor Compensation Scheme (GICS). In the very unlikely event that InterTrader Direct becomes unable to meet its financial obligations, clients are entitled to make a claim from the GICS, which specifically covers retail customer deposits.
No Dealing Desk
The InterTrader Direct ‘No Dealing Desk’ model gives you a direct and transparent way to trade. Your trading positions are automatically offset and passed straight through to the underlying market, with no dealer intervention and no requotes. Any position you open is automatically traded in full through their liquidity pool so there’s no risk to exposure that could cause a conflict of interest.
For forex CFDs on MT4 you trade at the market price and pay a small additional commission per trade. On the web-based platform, and for spread betting and non-forex CFDs on MT4, this charge is added to the market price to give an ‘all in’ spread.
10% Welcome Bonus
A welcome bonus is available to clients that open an InterTrader Direct CFD trading or spread betting account on the web-based platform and make an initial deposit of £500 or more spread betting or CFD trading account on the web-based platform. Once you have made your initial deposit, you will be able to request your 10% trading funds, up to a value of £10,000.
TradeBack™ Loyalty Bonus
InterTrader Direct will give you a rebate of up to 10% of your trading costs if you trade over a certain amount. Your rebate is based on the total spread fees you have paid on opening trades or, in the case of equities, on the total commissions you have paid over the course of the month, regardless of whether your trades have won or lost. Bear in mind only trades made via the web-based platform are included in the TradeBack calculation.
Authorised and Regulated
InterTrader is a trading name of InterTrader Limited which is owned and controlled by GVC Holdings PLC. InterTrader Limited is authorised and regulated by the Gibraltar Financial Services Commission and registered with the Financial Conduct Authority in the UK, ref 597312. Registered address: Suite 6, Atlantic Suites, Europort Avenue, Gibraltar.