Intrade Bar Review 2024

IntradeBar is a binary options trading platform founded in 2016 and headquartered in Saint Vincent and the Grenadines. In Intrade Bar Binary, you will be awarded up to 85% of the profit, and you can start your trade at a minimum position of $10. However, only 21 currency pairs can be traded in this broker. Thus, the critical question is whether Intrade is suitable for binary trading. Today's "Intrade Bar Review" article addresses this question; Stay with us.

Intrade Bar - Company Information

Intrade Bar is a relatively new player in the online trading world, having been established in 2016. The broker is headquartered in Beachmont, Kingstown, St. Vincent and the Grenadines. While this location is known for its more relaxed regulatory environment, it's important to note that this also means traders should exercise additional caution when considering this platform. Key points about Intrade Bar:

• Founded in 2016;
• Specializes in binary options trading;
• Offers 21 forex currency pairs for Binary trading;
• Headquartered in St. Vincent and the Grenadines;
• 85% maximum return for traders.

Summary of Details & Specifics

To give you a quick overview of what Intrade Bar offers, here's a summary table of its key details and specifics:

Intrade Bar Binary Account Types

Intrade Bar offers two main types of binary option trading accounts, which does not make much variety for traders. Intrade Bar account types:

• Classic Option: Expiry times range from 5 minutes to 7 days, Suitable for traders who prefer more traditional binary options trading;
• Sprint Options: Ultra-short expiry times starting from 3 minutes, Potential payouts of up to 85%, Ideal for traders seeking quick, high-intensity trading experiences.

Both account types allow traders to engage with a variety of currency pairs, including 21 major, minor, and exotic forex pairs, as well as the EUR/USD. The platform's focus on these specific assets allows for a streamlined trading experience, though it may limit diversity for traders looking for a broader range of instruments.

How To Register In Intrade Bar? Step-By-Step Guide

Getting started with Intrade Bar is more straightforward than it seems. Intrade Bar sign up:

1. Visit the official Intrade Bar website

2. Click on the "Registration" button.
3. Choose the account type between Real and Demo.
4. Fill in the registration form with Name, Surname and Email.
5. Registration is complete and you can start trading after account funding!

Bonuses

Currently, Intrade Bar Binary offers only a 5% deposit bonus using the Tether “USDT”. There is a possibility that more bonuses will be added in the future. However, at this moment, there are no other bonuses.

Commission and Fees

Although some sites have provided information on the amount of commissions and fees of Intrade, we realized that there is no clear structure for this broker's commission during the Intrade Bar Review. The only point mentioned is no commission for deposit. Another commissions of this broker, which is:

• 2.5% to 3% fee for withdrawal (only if total withdrawals exceed 149% of initial deposit).

Personal Cabinet Features on Intrade Bar Binary

The personal cabinet on Intrade Bar offers a range of features to help traders manage their accounts effectively. Intrade Bar personal cabinet:

• Account Overview: View your account balance, open positions, and trading history;
• Deposit and Withdrawal: Easily fund your account or request withdrawals;
• Trading Statistics: Analyze your performance with detailed statistics;
• Settings: Manage your account settings and security features;
• Verification Center: Complete the necessary steps for account verification;
• Support: Access customer support directly from your cabinet.

The personal cabinet is designed to be user-friendly, allowing traders to navigate between different sections easily and manage all aspects of their trading account from one central location.

Indicators and Oscillators List of Intrade Bar Trading Platform

Intrade Bar's proprietary platform offers a selection of technical indicators and oscillators to assist traders in their analysis. While the range may not be as extensive as some more advanced platforms, they try to add new indicators regularly; Intrade Bar Indicators:

• Moving Averages (Simple and Exponential)
• Relative Strength Index (RSI)
• Moving Average Convergence Divergence (MACD)
• Bollinger Bands
• Stochastic Oscillator
• Commodity Channel Index (CCI)
• Average True Range (ATR)
• Parabolic SAR

Deposit & Withdrawal Options

Intrade Bar supports 5 deposit and withdrawal methods, 2 of which are available only for Russian traders.

• VISA: Available to all Traders;
• SBP: Available to Russian Traders;
• MasterCard: Available to all Traders;
• Tether “USDT”: Available to all Traders;
• MIR: Available to Russian Traders.

Minimum deposit is $10 and Withdrawal processing time is Usually within 24-48 hours.

Copy Trade and Social Trading

As of the last available information, Intrade Bar does not offer a copy trading or social trading feature Also, there is no information about whether this broker will support copy trading and social trading in the future.

Intrade Bar Broker Trust Scores

The scores provided by Intrade Bar on review platforms do not seem very good, and this broker is not in a good position. Intrade Bar trust score:

• Trustpilot: 3.4/5 based on 2 reviews.

The critical point of this broker's score on the Trustpilot platform is the number of reviews, 2; such a figure cannot be cited at all.

Intrade Bar Support

Although there are several ways to communicate with Intrade Bar support, the only language supported by this broker is Russian! Thus, Intrade support is not available in English, but if you are Russian, you can use the following communication methods:

• Live chat;
• Ticket;
• Telegram chat.

Customer support is available 24/5, following the forex market hours.

Writer's Opinion and Conclusion

Like a novice broker, the 7-year-old Intrade Bar has strange flaws! Although they offer up to 85% maximum return, there is no clear information on the exact commission amount! During the Intrade Bar Review, we realized that the lack of transparency in information can be seen in other fields as well. In this way, Intrade Bar Binary has a long way to become one of the best Binary Options brokers.