Today marks the official launch of InterTrader Direct, an innovative 'No Dealing Desk' spread betting and CFD provider. Through the powerful MT4 platform, clients can trade forex at the true interbank market prices, as well as major stock indices and commodities.
Unlike many retail platforms, InterTrader Direct believes that 'the broker should be on your side' and never trades against its clients. Under its market-neutral broker model, all client trades are hedged completely so the client's exposure on a position is immediately offset by InterTrader Direct's trading in the underlying market. This means that InterTrader Direct has no vested interest in whether its clients' positions make a profit or loss.
Traders using InterTrader Direct can enjoy reliable execution via automated processing (ECN/STP) with no volume restrictions or re-quotes, tight spreads, great liquidity and the most powerful trading tools.
This is also the first true pound-per-point spread betting service available on a No Dealing Desk MT4 platform. As a result, spread betting clients can now run expert advisors on MT4 to automate trading, analysis and strategy testing.
Shai Heffetz, managing director, InterTrader Limited, said: 'InterTrader Direct is ideal for money managers, institutional investors and experienced traders who want seamless execution, direct and transparent access, and no conflict of interest from their broker.
'We believe that your broker should be on your side. That's why we've created a direct and transparent trading service - for both spread betting and CFDs - founded on our 100% hedging policy. As a market-neutral broker, we never trade against our clients.'