InterTrader Forex Broker
Company | InterTrader |
---|---|
Founded in | 2010 |
Online since | 2010 |
Offices in | United Kingdom |
Payment options | MoneyBookers (Skrill), Bank Wire, Debit Card, Credit Card, Paper Check |
Demo Platforms | Meta Trader 4, InterTrader |
Account currencies | USD, EUR, GBP |
Currency pairs | |
Regulated by | FSA (U.K), ASIC (Australia) |
US Traders welcome? | No |
Website available in (languages) | English, French, German |
Support available in | English, French, German |
Support methods | Phone, Fax, Email |
Minimum account size | $50 |
Minimum position size | 0.1 |
Spread type | Fixed |
Typical spread on EUR/USD, pips | |
Minimum spread on EUR/USD, pips | 1 Pip |
Scalping | |
Expert advisors | Allowed |
Trading instruments (GOLD; CFD, etc. and the leverage) | CFD, Spred Betting, Max leverage is 300:1 |
Trading platforms | Meta Trader 4, InterTrader |
Digits after the dot in quotes | 4 |
Trading by telephone | Yes |
MAM accounts | Yes |
Segregated accounts | Yes |
Managed accounts | No |
· Hedging | Yes |
Mobile trading | Yes |
Browser-based platform | Yes |
InterTrader forex broker is also known by the name London Capital Group Ltd (LCG) was established in the year 2010 and has been into internet based online trading since then. There are many features which attracts traders to come and trade with them which include one click execution of trade, mobile trading and also web trading. Mobile trading allows the traders to trade even when they are travelling. Web trading allows you to trade without downloading any software on your computer. You just need to log in and start trading. They also have many promotional offers which help the trader to benefit from them. They do not have any commission on the trade that you do. The various payment options include MoneyBookers (Skrill), Bank Wire, Credit/debit card and paper check. They also offer segregated accounts to their client which means that the company’s fund and trader’s fund are always separate.
They have a free demo account for their customers in which they are provided Meta Trader 4 as the trading platform. When the customer starts the real trading the company offers Meta Trader 4 for desktop and mobile as trading platform and InterTrader platform is offered to all who wants to go for web trading. The minimum deposit required to open an account with them is only$50 and the minimum position size is 0.1 lots. They allow United States Dollar, Euro and GBP as the account currencies. Their website and customer support service is multilingual and is available in English, German and French. The customer support service is of world class and they are very responsive. They allow hedging to all their traders. Use of Expert Advisor for trading is also allowed which helps them to trade smoothly. Spread betting is allowed and they also allow trading in CFDs other than forex.
The most convenient way of knowing about a company, its performance in the market and the quality of service it provides to its customers, is to read their reviews posted online. The reviews posted for InterTrader forex is extremely good and the most liked feature of the company is that it is well regulated and is covered under Financial Services Compensation schemes. A few of the reviews state that the pros of trading with them is their clutter free multilingual website, high bonuses and rebates on spreads and last but not the least some loyalty program which is regulated by FSA. Their facility of mobile trading and web trading is also liked by many of its customers. They trading platform has a user friendly interface which is liked by many. A few of the cons mentioned in the reviews is that many have wished that they had Executive or VIP club types of trading accounts. Some have wished that the customer support service was made available in some more major languages. However, the overall review seems to be very positive and the average rating given to the company by its users is 4.7 out of 5.