InterTrader Review
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InterTrader

InterTrader Account
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Losses can exceed deposits


At Clean Financial we want to help you select the spread betting option that is right for you.

One option is InterTrader, a collaboration between bwin.party, the FTSE 250 listed gaming company, and London Capital Group, the highly experienced financial spread betting provider.

InterTrader Mobile

10% First Deposit Trading Credit


InterTrader are currently running two offers:

10% First Deposit Trading Credit

£50 - £10,000 trading credit available

Your trading credit is 10% of your first deposit over £500 (within six months of opening your account), i.e. from £50 to a £10,000 maximum.

In order to convert the credit to cash and withdraw the funds you need to place trade with a total stake of at least double the trading credit amount (and therefore your risk considerably more than the credit amount)

Single share trades do not count. Offer applies to new clients on the web-based platform and excludes MT4 accounts. InterTrader recommends you read the full terms and conditions.


InterTrader 'TradeBack' Loyalty Programme

InterTrader run a rebate loyalty programme called TradeBack. They will give you a rebate at the end of every month based on the volume of your trading.

As long as you have paid combined spread fees during the month of over £500, regardless of how much you have earned from your trading, you will receive an automatic rebate on your trading costs.

Depending on the volume you trade, the rebate rises from 5% to 10% of your trading costs.

Accounts are subject to status. See site for full Terms and Conditions.


Spread betting and CFD trading are leveraged products and as such carry a high level of risk to your capital which can result in losses greater than your initial deposit. These products may not be suitable for all investors. CFDs are not suitable for pension building and income. Ensure you fully understand all risks involved and seek independent advice if necessary.

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.


InterTrader Review


With InterTrader you get all the normal advantages of spread betting:
  • Tax Free Investments*
    • No Capital Gains Tax
    • No Stamp Duty
    • No Income Tax
  • You can buy or sell stock market indices, shares, FX, commodities, interest rates and bonds
  • There no are stockbroker's fees and no commissions
  • You can trade thousands of markets and instruments, for more details see InterTrader Markets
But be aware that financial spread betting carries a high level of risk to your capital and you can lose more than your initial deposit, so you should ensure spread betting meets your investment objectives.

* Tax law is subject to change or may differ if you pay tax in a jurisdiction outside the UK.

InterTrader Platform

InterTrader Account


With an InterTrader account you also get:
  • MetaTrader 4: MT4 is one of the most popular trading terminals, it combines sophisticated analytics and trading tools with a simple interface. It was independently developed as an integrated forex trading platform. Through InterTrader you can use MT4 to trade forex, stock market indices, commodities and treasuries.

  • Mobile Trading Apps: see InterTrader Mobile Trading.

  • Advanced Charts: including the power to run complex backtesting strategies, see the charting section below.

  • CFD Trading: see InterTrader CFDs.

  • 24 Hour Trading: the dealing desk operates 24 hours a day for major markets like the FTSE 100, EUR/USD, crude oil and gold (Monday - Friday).

    Dealing spreads may be wider in out-of-hours trading, however, this added flexibility offers you the ability to get both in-and-out of positions as the markets change throughout the day and night. You no longer need to wait for the opening bell.

  • Live Squawk: the text and audio commentary lets clients stay in touch with market headlines throughout the day. Users can also access research and video summaries through the Live Squawk service.

  • Technical Analysis and Trading Signals: daily analysis covers target levels, and stop levels, for a wide range of stock market indices, commodities, forex, shares and treasuries markets.

  • Heatmaps: colour-coded-at-a-glance guides to market hotspots.

  • Low Margins: the spread betting company offers consistently low margin rates and this provides you with a trading advantage. Low margins allow you to commit less capital for each position you take.

    As an example, you can place a £1 per point FTSE 100 Rolling Daily spread bet with an initial deposit of just £30. Deposits start from just 3% for FTSE 100 shares and from 5% for FTSE 250 and US shares.

  • Trailing Stops & Guaranteed Stops: investors can apply trailing stops to all markets. A trailing stop is an order that is designed to limit your risk whilst helping to lock in your potential profits.

    There is no fee to use a trailing stop, however, they are a form of stop-loss and stop-loss orders are not guaranteed.

    For a small premium users can opt to add Guaranteed Stops to their trades in order to protect them from any market ‘gaps’.


InterTrader Mobile Trading


InterTrader offer free apps for the iPhone, iPad and Android based smartphones. Using these applications investors can:
  • Trade thousands of spread betting markets
  • Trade CFDs
  • Access live charts
  • Use a range of trading orders
  • Review their account

InterTrader - TradeBack


As long as you have paid combined spread fees during the month of over £500, regardless of how much you have earned from your trading, you will receive an automatic rebate on your trading costs.

The rebate rises from 5% to 10% of your trading costs, depending on volume:

Loyalty Tier Monthly Spread Fees TradeBack Rebate
Silver £500 - £1999 5%
Gold £2000 - £4999 7.50%
Platinum £5000+ 10%


The TradeBack loyalty programme is available to anyone with an InterTrader account.

There’s no need to enrol in the scheme, once your InterTrader account is live you will automatically enjoy TradeBack rebates, see InterTrader.com for full details.


TradeBack - Spread Betting Loyalty Programme Example


Looking at an example, let’s say an investor called Mr Spreads traded the following with InterTrader over the course of a month:

Instrument Number of Trades Typical Spread Average Stake per Point
FTSE 100 50 1 £10
GBP/USD 40 2 £5
Crude Oil 30 5 £10
Gold 50 5 £20

If so, Mr Spreads’ TradeBack™ rebate would be calculated as:

(50x1x10) +
(40x2x5) +
(30x5x10) +
(50x5x20) = 7,400 X 10% = £740 rebate.

Therefore, during the first week of the following month, Mr Spreads would receive £740 directly into his trading account, no strings attached.


User Ratings & Comments on InterTrader


Please rate the InterTrader platform/service:


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Add Your View - if you have any comments or questions on InterTrader, feel free to add them here.

Readers can leave comments by logging in securely to their Facebook, Twitter or Intense Debate accounts (CleanFinancial does not see, or keep a record of, your login details).

InterTrader CFDs


As well as a comprehensive financial spread betting service, InterTrader offers contracts for difference (CFDs) on more than 2,500 markets.

Like spread betting, CFD trading is leveraged, so an investor does not buy the physical shares / take a stake in the underlying market, and they do not put up the full value of the shares that they are trading.

With CFDs the main trading costs are normally the commission and the spread (the difference between the sell and buy price). Naturally, this means it costs more to trade with brokers that have wide spreads and high commission levels.

The CFD service is commission-free and they also offer some of the tightest spreads in the market place. E.g. the spread on FTSE 100 shares is 0.05% per side of the underlying market.

With InterTrader, investors trading CFDs can also benefit from:
  • No stamp duty*
  • Trading an exact quantity of shares or lot sizes
  • Low minimum margin rates
Note that the leverage with CFD trading means that whilst your profits are amplified, your losses are also amplified. Therefore, like spread betting, CFD trading carries a high level of risk to your capital and it is possible to lose more than your initial investment.


InterTrader Charts


As you can expect with most financial spread betting companies, the charts come with:
  • Different displays e.g. candlestick charts and line charts
  • Tools for adding features e.g. Fibonacci arcs, time zones and fans
  • Numerous intervals e.g. by the tick, 1 minute, 5 minute, 10 minute, 30 minute, 1 hour, 2 hour, 1 day, 1 week etc.
The InterTrader charts are useful though because they also come with more advanced features like:
  • Customisable Indicators e.g. BackTesting and Optimisation functions
  • Important pre-set overlays e.g. Moving Averages, Ichimoku Clouds, Envelopes, Bollinger Bands etc.
  • Over 30 indicator charts e.g. MACD, Historical Volatility, Chaikin Money Flow, Forecast Oscillator, Volume Index, Range Indicator, Commodity Channel Index etc.
  • Customisable alerts i.e. email alerts which trigger when your chosen market reaches a pre-determined level
Also see, video guide to the charts on InterTrader.

Sample InterTrader Chart:

InterTrader Chart

InterTrader Spread Betting/CFD Account


A quick run-down of the main InterTrader account.

InterTrader Services

Average User Rating 7
New Account OfferInterTrader
24 Hour Trading InterTrader
Live ChartsInterTrader Live Charts
iPhone AppInterTrader iPhone App
iPad AppInterTrader iPad App
Android AppsInterTrader Android Apps
Web PlatformInterTrader Web Platformne
Stop Loss Available InterTrader
Automatic Stop Loss InterTrader
Credit Account InterTrader
Deposit Account InterTrader
FCA Authorised and Regulated InterTrader


InterTrader Markets and Spreads


Below, we look at some of the most popular spread betting markets available with InterTrader along with their typical in-market-hours spread size and the minimum stake for that market.

See above for InterTrader prices.


Typical In-Hours Index Spread Sizes with InterTrader

FTSE 100 (UK 100) Daily1
Dow Jones (Wall St) Daily1
DAX 30 (Germany 30) Daily1
S&P 500 (SPX 500) Daily3
NASDAQ 100 (US Tech 100) Daily4
CAC 40 (France 40) Daily1
ASX 200 (Australia 200) Daily1
Japan 225 Daily10
Hong Kong Daily20
Stock market indices minimum stake£1

You can also spread bet on a range of other Stock Market Indices including:
  • European Indices: AEX, Euro Stoxx 50, MDAX 50, Sweden 30, Swiss SMI
  • US Indices: Russ 2K
  • World Indices: Australia 200, China Enterprise, Hong Kong Index, Indian Nifty 50, Johannesburg Index

Typical In-Hours Forex Spread Sizes with InterTrader

EUR / USD Daily1
GBP / USD Daily1.8
EUR / GBP Daily0.8
USD / JPY Daily0.8
Forex minimum stake£1

Other forex markets include:
  • Majors: Australian Dollar/Yen, Australian Dollar/US Dollar, Swiss Franc/Yen, Euro/Australian Dollar, Euro/Canadian Dollar, Euro/Swiss Franc, Pound/Yen, US Dollar/Swiss Franc.
  • Minors: Australian Dollar/Canadian Dollar, Australian Dollar/New Zealand Dollar, Euro/New Zealand Dollar, Pound/Swiss Franc, Pound/South African Rand, New Zealand Dollar/Yen, US Dollar/Danish Krone, US Dollar/Swedish Krona, US Dollar/South African Rand.
  • Exotics: Dollar/Polish Zloty, Dollar/Mexican Peso, Dollar/Czech Koruna

Typical In-Hours Commodities Spread Sizes with InterTrader

Gold Daily4
Gold Futures6
Brent Crude Oil Daily4†
Brent Crude Oil Futures4
US Crude Oil Daily4†
US Crude Oil Futures4
Commodities minimum stake£1

Other commodities include:
  • Metals: Copper, Silver
  • Energies: Carbon Emissions, Heating Oil, Natural Gas
  • Softs: Cocoa, Coffee, Cotton, Orange Juice, Soybean, Sugar, Wheat


Typical In-Hours Interest Rate Spread Sizes with InterTrader

Euribor2
Euroswiss2
Short Sterling2
Treasuries minimum stake£1


Typical In-Hours Bonds Spread Sizes with InterTrader

BOBL2
Bund3
Gilt3
Schatz2
US T Bond 10 Year4
US T Bond 30 Year6
Treasuries minimum stake£1

Also see Company Prices - Notes and Comments.



About InterTrader


InterTrader.com is part of the bwin.party family. bwin.party is listed on the London Stock Exchange under the ticker BPTY and is a FTSE 250 company.

InterTrader.com is a trading name of London Capital Group Ltd which is authorised and regulated by the Financial Conduct Authority (FCA).

Your funds are ring-fenced i.e. any funds that are either deposited and/or are the result of trading profits, are held in a segregated client money account in accordance with the FCA's client money rules.

According to the InterTrader website, they are "committed to giving you the tools to profit from market moves and the resources to become a more informed trader. With low margin rates and tight spreads, you can make the most of your capital in the global markets".

InterTrader Account / Website


Go to » InterTrader
InterTrader Account



Video Guide to Charts on the InterTrader Platform


This video guide looks at the charts on the platform.




Financial spread trading and CFD trading both carry a high level of risk to your capital with the possibility of losing more than your initial investment. These products may not be suitable for all investors, and are only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice.

Content supplied / approved by InterTrader which is a trading name of London Capital Group which is authorised and regulated by the Financial Conduct Authority. Registered address: 4th Floor, 12 Appold Street, London, EC2A 2AW.


'InterTrader' edited by Jacob Wood, updated 03-Jan-17

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