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Updated on: March 24, 2016
Deposit Options:
Regulation:
GFSC, FCA Registration
Visit Intertrader Direct
Spreads FromMax. LeverageTrade Min.Forex PairsPlatformsMobile TradingBroker Highlights
£500 200:1 0.01

57 Currency Pairs

MT4

Web-based platform

Mobile app

iOS

Android

100% market neutral, No Dealing Desk

Funds are protected by InterTrader’s parental guarantee

Tight dealing spread

Spread Betting & CFDs carry risk. 64-72% of traders lose with this provider.

InterTrader Direct- No Dealing Desk Trading (Now InterTrader)

InterTrader Direct offers traders no dealing desk forex trading on as many as 66 currency pairs. Traders have access to the world-class MT4 trading platform, a web-based dealing desk, and mobile trading. This makes it possible for traders to access a full range of tradable instruments in the FX interbank arena, with multiple benefits in the form of CFD trading and spread betting. The interbank market spread offers large-scale trading as low as 0 pips, and traders get to enjoy the added benefit of neutrality in the markets, zero dealer intervention and complete anonymity. The web-based trading platform offers leverage in the region of 200 to 1, so you can maximize the profitability of your trading knowledge on your choice of currency pairs.

InterTrader Direct (sister brand of InterTrader.com) is a trading name of InterTrader Limited which is owned and controlled by GVC Holdings. InterTrader Limited is regulated by the Financial Services Commission in Gibraltar and EEA authorised by the Financial Conduct Authority in the UK. Registered address: Suite 6, Atlantic Suites, Europort Avenue, Gibraltar.

 

InterTrader Direct is now InterTrader. Read more in our InterTrader Review.

Trading Markets

When it comes to your choice of available markets, there are multiple categories available to InterTrader Direct clients. These include 66 currency pairs (major markets and minor markets included), a wide range of commodities (metals and energy commodities), scores of stocks and indices (US equities, UK stocks and international stocks too). The sheer number of available trading markets is one of the most notable aspects of InterTrader Direct. Whether you are a newcomer or a seasoned veteran of online trading, you will have access to myriad of Forex currency pairs, indices, stocks and commodities, as well as bonds and rates too. The spread betting variety is second to none, and the contracts for difference (CFD) trading is world-class. Typically, you could find UK small cap markets at a 0.1% spread or UK 100 markets at a 1-point spread.

Trading Platforms

The trading platforms at InterTrader Direct include the web-based trading platform which offers no dealing desk spread betting as well as CFD trading facilities to traders. Additionally, there are other benefits such as a free demo account, access to complementary news and reports, advanced charting, and quick trading charts/graphs. There are no trading fees or re-quotes on any of the financial assets and there is 100% market neutrality at all times.

The MT4 trading platform allows you to open a free MT4 demo account with no dealing desk forex trading as well as spread betting and CFD trading facilities. A wide range of technical and fundamental analysis is factored into the trading platform with experts available to advise you every step of the way. As with the InterTrader Direct web-based platform, there is complete neutrality and full customization with a wide range of tradable assets across all categories.

The other option available to traders is the mobile trading platform for Android smartphones and tablets as well as iOS smartphones and tablets (iPad and iPhone). The mobile platform is also no dealing desk trading guaranteed and 100% market neutral. Once again there are no fees or charges to use the trading platform. Mobile traders also have access to free demo trading accounts and trading on the go, wherever online trading is permitted.

Site Strengths

  • Full paper trading on demo account
  • Up to 66 currency pairs available with low spreads
  • Generous welcome offer for new traders up to £10,000
  • Highly attentive customer support and expert service available
  • Mobile trading platform, web-based platform, and MT4 platform
  • InterTrader Direct is easy to navigate with a user-friendly structure
  • No dealing desk, automated trading, market neutrality and transparency

Site Weaknesses

  • None

Conclusion

InterTrader Direct does a sterling job of introducing novice traders to the world of online financial trading. You can enjoy trading Forex, CFDs or Spread Betting across multiple platforms including the web-based platform, MT4, and the mobile trading platform. There is 100% transparency, zero fees and commissions, minimal charges and up-to-date trader support. The sheer variety of Forex pairs – 66+ encompassing major pairs and minor pairs – is sufficient for traders of all levels. These include the most popular pairs in the EUR/USD, USD/JPY, EUR/GBP, EUR/JPY, USD/CHF and so forth.

The free demo trading platform is particularly useful since it offers up to $10,000 in paper trading. The registration is somewhat detailed, but necessary to guarantee your safety and security. Once you have confirmed your personal information and your identity, you’re welcome to trade on the demo trading account. The trading platforms are clutter free and you can easily access your preferred stocks, commodities, indices or currency pairs and trade with complete confidence.

Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 64-72% of retail investor accounts lose money when trading these products with this provider. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

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