InterTrader, just like many other brokers dedicated to providing forex and CFD trading service is offering real trading account and demo account.
Real Trading Account
Real trading account with InterTrader serves one purpose only – placing real trades and orders. This means that upon the registration, you will have to make a deposit in order to start trading. You can make the real profit, but there is also real risk involved. There are two types of this account
- MT4 account
- Account for web-based platform
The main difference between these two is the fact that MT4 account doesn’t feature the TradeBack feature and shares trading, while web-based trading account is not supporting web advisors, and FIX API.
Demo Trading Account
Demo trading account is also available via MT4 platform or web based platform. Traders can use it to practice and test not only the trading platform, but their trading skills as well. We strongly suggest you take a look at the demo platform, as only so can you get a better image on what trading experience with this broker looks like.
InterTrader Trading Credit
InterTrader trading credit is heavily advertised on their website. It is a form of a bonus that can be added to your account. It is 10% of your first deposit over 500 GBP (in the first 6 months) and can be up to £10,000. However, it is not free money given out for grabs as it comes with certain terms and conditions. All traders who participate in this promotion will have to place the trades with a stake of at least double the credited amount. For more information, make sure to read full terms and conditions. There are several documents regulating broker’s and traders’ relationship in this case, so prepare yourself.
InterTrader TradeBack is a special loyalty program. Traders who trade over a certain amount get a 10% rebate. The rebate is calculated in the following way:
- Based on the total spread fees
- Based on the total commissions you paid in a month (for equities trading)
If you are not sure what your rebate will be, you can always use a special calculator available on the website. Basically, there are 3 tiers available:
- Silver Tier (5-1999 GBP) – 5% rebate
- Gold Tier (2000-4999 GBP) – 7.5% rebate
- Platinum Tier (5000+ GBP) – 10% rebate