INTERTRADER

InterTrader is a financial trading firm established in 2009 and headquartered in Gibraltar. The broker operates under the legal entity Alvar Financial Services Limited, with a registered address at 851 Europort, Gibraltar GX11 1AA. Despite being founded over a decade ago, the company maintains a relatively low profile in the retail forex space, focusing on a range of CFD products.

InterTrader positions itself as a multi-asset broker, offering traders access to various markets through a single account. The broker caters primarily to retail clients but also offers professional account options for eligible traders. Its long-standing presence in the industry suggests a degree of stability, though regulatory scrutiny remains limited.

InterTrader is regulated by the Gibraltar Financial Services Commission (GFSC) under a Market Making (MM) license, license number FSC1108MIF. This places the broker under the jurisdiction of Gibraltar, a British Overseas Territory. The GFSC is a recognized regulator, though it is not as stringent as top-tier authorities like the FCA or CySEC.

Notably, the broker's regulatory coverage is limited to GFSC only. No other licenses from major regulators are currently on file. This concentration may be a consideration for traders seeking broader regulatory protection or compensation schemes.

InterTrader offers a diverse range of CFDs covering indices, forex, shares, commodities, and bonds. This variety allows traders to build a multi-asset portfolio within a single account. The broker also provides bond CFDs, which are less common among retail brokers and may appeal to fixed-income traders.

Specific details on the number of instruments per asset class are not disclosed in available data. Traders should consult the broker's website or platform for the full list of available symbols.

InterTrader supports three trading platforms: the proprietary Intertrader+ web platform, and the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5). This flexibility allows traders to choose between a custom interface and the familiar MT ecosystem.

The Intertrader+ platform is web-based, requiring no download, and is designed for ease of use. MT4 and MT5 offer advanced charting tools, automated trading via Expert Advisors, and extensive custom indicators. Mobile trading is likely supported through the MT4/MT5 apps, though the availability of a dedicated mobile app for Intertrader+ is not confirmed.

Information on account types offered by InterTrader is not explicitly provided in available data. Commonly, brokers offer tiers such as Standard, Pro, or Islamic accounts. Traders should contact InterTrader directly or visit its website to obtain detailed account specifications, including minimum deposit requirements, leverage limits, and commission structures.

The broker does mention the option for discretionary accounts for eligible clients who qualify as professional traders. This classification requires meeting specific criteria under MiFID rules.

Funding methods and withdrawal processes are not detailed in the provided information. Typical payment options for Gibraltar-based brokers include bank transfers, credit/debit cards, and e-wallets. However, users should verify accepted methods and any associated fees before opening an account.

Withdrawal times and limits are also not disclosed. Given the mixed user reviews on withdrawal efficiency, traders are advised to clarify these details with customer support before depositing significant funds.

InterTrader appears to target both retail and professional traders, with platforms suitable for beginners and experienced users. The availability of MT4 and MT5 appeals to algorithmic traders, while the proprietary platform may attract those preferring simplicity.

However, the broker's regulatory status and the serious complaints regarding profit deletions suggest that it may not be suitable for risk-averse traders or those who prioritize fund safety. The high proportion of positive reviews on Trustpilot indicates that many users have satisfactory experiences, but the negative reports warrant caution.