INTERTRADER Account Types & How to Open

Intertrader presents itself as a multi‑asset brokerage with a solid regulatory footing in Gibraltar. But once you move past the marketing, the actual account offering is remarkably opaque. In our deep‑dive review of Intertrader’s trading accounts, we found that critical details — from the number of account tiers to the minimum deposit required — are simply not published on the broker’s website. This lack of transparency is unusual for a firm that claims to have been operating since 2009, and it should give any prospective trader pause.

Our analysis draws on the limited public information available, cross‑checked regulatory records, and the experiences reported in user reviews. The picture that emerges is one of a broker that expects traders to commit funds before they can see the full terms. In this article we break down what is known, what is missing, and what the gaps mean for your trading.

Unlike most regulated brokers, Intertrader does not clearly disclose its account tiers. There is no public page listing a ‘Standard’, ‘Pro’ or ‘VIP’ account, nor any comparison table of features. The broker’s website offers a generic ‘open account’ button, but the specific conditions you will trade under are revealed only after registration.

From user reviews, we can infer that at least two categories exist: a default retail account and an ‘elective professional’ account. Several reviewers mention applying for reclassification as a professional investor, which suggests that the broker offers different leverage and protection levels depending on your status. However, the exact criteria, minimum balance, and trading costs for each tier are not disclosed upfront. For a trader, this means you are effectively signing up blind — a practice we consider a significant red flag.

The ability to opt up to professional status is a feature of European‑regulated brokers. Professional clients can access higher leverage but lose the negative balance protection and other safeguards that retail clients enjoy. Several Intertrader reviews describe the process: applicants must provide documentation and meet certain thresholds. One reviewer reported that after being accepted as an elective professional, they deposited €15,000 — implying that a substantial balance may be required.

However, the experience is not always smooth. Another reviewer complained that after submitting documents for professional reclassification, their account was closed without explanation. This inconsistency points to a poorly defined or arbitrarily enforced policy. Without clear public guidelines, traders cannot know in advance whether they qualify or what risks they are taking on. The lack of transparency around professional accounts is another warning sign.

Intertrader does not advertise a minimum deposit figure. In the absence of official information, we looked to user reviews for clues. Some traders mention small initial deposits, while the case of the €15,000 professional account shows that the broker is comfortable with larger sums. The absence of a stated minimum is problematic: it leaves new traders uncertain whether they can afford to start, and it creates a situation where the broker can impose different thresholds on different clients.

A reputable broker should make its minimum deposit clear and consistent. The fact that Intertrader hides this basic detail suggests that its onboarding process may be designed to qualify leads before revealing costs. If you are considering this broker, be prepared for the possibility that the minimum deposit may be higher than you expect — and that it might change depending on your account type.

Intertrader holds a single license from the Gibraltar Financial Services Commission (GFSC) as a market maker. Under GFSC rules, retail clients are subject to leverage caps — typically up to 30:1 for major forex pairs, 20:1 for minors, and lower for other instruments. Professional clients can negotiate higher leverage, but at increased risk. The broker’s website does not specify the leverage available on its accounts, so we must assume the regulatory defaults apply.

User reviews do not mention extreme leverage, which is consistent with a European‑style broker. However, the lack of clarity around professional account leverage means that if you opt up, you may be taking on more risk than you realise. We always advise traders to understand their margin requirements fully before trading — and with Intertrader, that information is not handed to you on a plate.

Intertrader promotes itself as a market maker, which typically means it profits from spreads rather than explicit commissions. But again, the broker provides no public information on typical spreads for any asset class. A few positive reviews mention ‘decent’ EUR/USD spreads, but without concrete numbers, this is anecdotal at best.

Some negative reviews complain about fees — one user reported being asked to pay an 8% fee for a ‘fast transfer’ of profits, and then an additional 10% — which sounds like a classic advance‑fee scam. While we cannot verify that specific claim, it aligns with the broader pattern of hidden costs. For a trader, this lack of upfront pricing is a serious disadvantage. You cannot compare costs with other brokers if the broker won’t tell you what they are.

We also note that Intertrader’s company description includes a warning about a ‘suspicious clone European Authorized Representative (EEA) license from the Financial Conduct Authority (FCA)’. This suggests that the firm or entities associated with it have been flagged for regulatory irregularities, which further undermines trust in their pricing transparency.

Intertrader offers three platforms: its own web‑based Intertrader+ platform, plus MetaTrader 4 and MetaTrader 5. This is a standard lineup for a full‑service broker. The availability of MT4 and MT5 is a positive, as these platforms are widely used and offer advanced charting, automated trading, and a large community of third‑party tools.

User reviews frequently mention MT5, with several praising the support team for resolving platform issues quickly. One reviewer noted that the mobile app works smoothly for trading on the go. However, there are also complaints about platform glitches and outages. A recurring theme in reviews is that when technical problems occur, the broker’s response can make or break the experience — and sometimes the response is lacking.

We did not find any detailed description of the proprietary platform’s features, which may limit its appeal to traders who want a custom‑built solution. For most retail traders, MT4/MT5 will be sufficient, but the lack of transparency around platform‑specific costs (e.g., spreads on MT4 vs. the web platform) is a drawback.

Intertrader does not explicitly advertise a demo account on its website. This is unusual for a retail broker. A demo account is a standard tool that allows traders to test a platform and experience live spreads without risking real money. Its absence — or at least, the failure to promote it — means that new clients must go through a full registration and KYC process before they can evaluate the trading environment.

As for base currencies, no information is available. The broker is based in Gibraltar but serves clients across Europe. Typically, a broker in this jurisdiction would offer EUR, GBP, USD and perhaps CHF as base currencies. Without confirmation, however, traders may face conversion fees when depositing or withdrawing in currencies other than the account’s base. This is yet another area where Intertrader falls short on transparency.

Opening an account with Intertrader is a mixed bag, according to user reviews. On the positive side, several reviewers said the registration process was quick and straightforward, with verification completed shortly after uploading documents. One reviewer complimented a support agent for guiding them through the verification step by step. These accounts suggest that when the process works, it is efficient.

But there are also numerous complaints. A common thread is that interactions with support become difficult once money is involved. One reviewer reported sending ten emails just to link their account to an educator, and another described repeated phone calls without resolution. More seriously, some users claim their accounts were closed without explanation after submitting documents for professional reclassification, or that profits were deleted after a trade was disputed.

For a broker regulated by the GFSC, this KYC inconsistency is troubling. It hints at an operational setup that can be responsive when it wants to be, but may turn obstructive when a client’s activity becomes inconvenient. With zero employees reported in industry databases — a figure we confirmed — the reliance on automated processes and a small outsourced support team could explain the erratic service.

Intertrader’s account structure is best described as a black box. Critical details — account tiers, minimum deposit, leverage, spreads, base currencies, and demo availability — are not publicly disclosed. What we can piece together from reviews is that the broker offers retail and professional accounts, with the latter unlocking higher leverage but requiring a meaningful deposit. The platforms are competent, but the hidden costs and uneven support undermine their value.

The regulatory warning about a clone FCA license is the final piece of the puzzle. It reinforces the impression that Intertrader operates with a disregard for the transparency expected of a legitimate broker. For any trader thinking of opening an account, the message is clear: until this broker publishes full and verifiable account details, the risks of hidden fees and arbitrary account actions are simply too high. Our review score of 30/100 reflects these fundamental flaws.