If you’re looking for a no holds barred InterTrader scam review, then you’ve come to the right place. Our team of experienced scam hunters leave no stones unturned when it comes to weeding out the bad guys in the Binary Options Trading Markets, and so it was that when we began to hear reports from around the World Wide Web of a highly dubious new trader we set to work with all our usual scam seeking enthusiasm. And as this InterTrader scam review will show, it seems we acted just in time.
Losses can exceed deposits. No kidding
One thing we can say for sure in our InterTrader scam review is hat the company really are up front about the risks involved for anyone wishing to trust them with hard earned cash. Perhaps a little too up front. In fact the number of warnings this InterTrader scam review found on the company’s website exceeded by far any other Binary Options Trader we have ever before investigated.
From the tiny and almost overlook-able:“Losses can exceed deposits” one-liner on the Why InterTrader? page, to the massive (and frankly quite frightening) warning which can be read at the bottom of every page on the website:
“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.”
Now, there’s nothing wrong with a company being honest about risks, but it was the considered opinion of our hand picked InterTrader scam review team that these warnings amounted to an almost inexplicable lack of confidence in the company’s own products. And speaking of products, we had to go through a whole boatload during the writing of this InterTrader scam review before we could reach a conclusion.
The broader the product pallet, the easier to pull the wool
With all the products on offer at the company website, our InterTrader scam review had its work cut out for it. The company throws everything but the kitchen sink at its prospective customers: from Market Neutral Brokerage, Spread Betting, CFD Trading and the slightly ominous sounding No Dealing Desk, more than a few of our in-house scam hunters began to feel uneasy at the sheer avalanche of products on offer, and as one of our most experienced members said,
“They seem to want to bombard us with so much info—as if they want to pull the wool over our eyes…”
And for those readers who have never heard that quaint and quintessential English phrase—to pull the wool over someone’s eyes means to blind them with so much information they will be unable to see what is really going on. But does this mean our InterTrader scam review was already lurching towards the negative? Well, the short answer is yes and no! And if you want to know what we mean by that, read on.
Do more trading options mean less risk? Maybe.
Long winded and meticulously detailed Binary Trader websites are rare. Usually the companies that run them try to keep their landing and information pages brief and to the point. But in this InterTrader scam review we discovered quite the opposite. Page after page of mind boggling information is presented like its going out of fashion. We’ve already mentioned the vast array of products on offer and the UK based company with a postal address on the Island of Gibraltar doesn’t stop there. Visitors to the website are served a whole barrage of info on Forex examples, Exceptional Leverage, InterTrader Web Based Platform, Meta Trader 4, Market Neutral Execution—the list goes on and on.
So what does this all mean, exactly? To be honest, not much. Anyone serious enough to delve into the Binary Options Trading game will already have most of the knowledge and information they need to take the calculated risk required to turn a profit. And for anyone new to the market, the information we unearthed in our InterTrader scam review appeared far too intellectually questionable to be of any real use. Below are just a few examples of what we mean:
“When you trade with InterTrader we never carry a market risk on your position, because we immediately mirror your trade in full in the underlying market. So we remain 100% market-neutral. If your spread betting or CFD provider carries a market risk, you are effectively trading against them on how the market will perform. With market-neutral execution, you trade against the market, not against your provider.”
Or try this:
“Any profit you’ve made is covered by the profit we’ve made by offsetting our exposure. Similarly if you’ve made a loss we’ve made an equal loss in the market. Unlike the traditional market-maker model, the client and the broker are not on opposite sides. With market-neutral execution we’re on the same side.”
“When a spread betting or CFD provider has an exposure on your trade (or only offsets part of their exposure) their own return depends on the performance of the market. Essentially, they’ll make a better profit if you lose.”
As clear as mud, isn’t it? Yup, that’s what we thought when we put together all our data for the InterTrader scam review and to be honest, it didn’t shine a particularly favourable light on the InterTrader company.
InterTrader scam review conclusion
A bright and shiny website does not an authentic and reputable trader make. The company’s website has serious issues with online believability and the credibility of it’s claims is low. Serious traders and investors should take a long, hard look at and read our InterTrader scam review a couple of times before they commit themselves to a company which spends more time and resources warning of the risks that using their company represent than of actually singing their own praises. Which is quite refreshing, but not something we can recommend in our InterTrader scam review. At least, not if we all want to sleep at night.
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- Rated 1 stars
- Really Bad
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