INTRADE.BAR Review

Overview

The broker offers «revolutionary» trading: high payouts, lack of verification, quick withdrawal, risk management setup, etc.

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Details

BrokerINTRADE.BAR
Website URLintrade.bar
Founded2016
HeadquartersSuite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown St. Vincent and the Grenadines
Support Number+44 (131) 507-05-65
Support TypesPhone, Email, Chat
LanguagesEnglish
Trading PlatformTradingView, Authoring platform
Minimum 1st Deposit10 USD
Minimum Trade Amount1 USD
Free Demo Account Open Demo
Commissions Yes
Commission Info2.5-3% on average
Account TypesDemo, Real
Deposit MethodsAdvcash, Exmo, Mastercard, NixMoney, Payeer, Perfect Money, Qiwi, VISA, Webmoney, Cryptocurrencies, Yandex.Money
Withdrawal MethodsAdvcash, Exmo, Mastercard, NixMoney, Payeer, Perfect Money, Qiwi, VISA, Webmoney, Cryptocurrencies, Yandex.Money
Number of Assets20+
Types of AssetsCurrency pairs, Raw materials
Account CurrencyUSD
US Traders Allowed No
Overall Score9.6/10

Full Review


INTRADE.BAR broker (belonging to Mr Axiano) appeared in 2016, registered in Scotland. INTRADE.BAR entered the binary options market with a unique platform where it is easy to trade and earn. It is most comfortable when working in any browser, it has flexible settings and a user-friendly interface.

Still, is INTRADE.BAR a swindle and scam lottery, created to deceive traders or a reliable, honest and transparent broker of binary options, which will allow the trader to earn money, and without any problems to withdraw them? Find out the answers to these questions while reading our broker review.

INTRADE.BAR - is it a scam? Reviews

 

INTRADE.BAR trading conditions

INTRADE.BAR works with clients on favorable terms, and newcomers will also be able to try the great opportunity of demo trading in order to get acquainted with the functionality of the broker’s platform. Withdrawal of money from the account is made within 5-15 minutes, in rare cases delays of up to one hour are possible. If the withdrawal takes place on non-working days, the broker will process the order during the working day. INTRADE.BAR treats traders who trade successfully well, never blocks their accounts. The broker has fixed payments, which do not hesitate for unknown reasons: for 3 minutes – 80%, more than 3 minutes – 77%, random asset – always 97%.

INTRADE.BAR will not bother the client with calls. If you need help, you can contact online chat any time and you will be answered very quickly, usually within 1 minute on weekdays from 9:00 to 17:00 Moscow time. The broker does not give any bonuses on the deposit in order not to provoke the clients to beat them back – this entails a higher risk and ultimately the loss of the entire deposit. The company does not ask for confirmation of identity. The only time it may require additional documents is if you decide to withdraw money to the card from which you did not top up your account.

intrade.bar trading conditions

INTRADE.BAR has implemented a very important and necessary thing in trading – the option «risk management». As soon as the user enters the trading platform for the first transaction, he can set up the acceptable level of risk and thus control the emotions. A window will appear, in which you are asked to enter the maximum risk and maximum profit, the trader can refuse this option and skip it. If you have entered values in the risk management program, they will not be changed during the trading day. Risk management strongly influences the profitability of work. For clients who cannot control their emotions, this solution will be a great opportunity to save their money, but any trader needs risk management.

INTRADE BAR risk management

The company has created a highly competent technical support, one of the best, if not the best, in the CIS. INTRADE.BAR will deduct $5 from the salary of managers who have not answered the question or gave wrong advice to the client. This money will be transferred to the account of the trader who asked the manager a question.

News clicker INTRADE.BAR

INTRADE.BAR has developed the first news clicker «News Clicker intrade.bar v2.1», designed for instant execution of transactions in automatic mode at the news release. It opens trades after the publication of data in 0.1 seconds, does not conflict, even if some news is released, there will be no problems in working with it.

It is also possible to specify several coordinates for clicks. You can use the news clicker to trade with different brokers. The program works so that the broker does not see its results. There is a free version for 3 days to test it. The news clicker can be used in various financial markets, such as binary options, NYSE, FOREX, CME. The paid version costs 69 USD for 1 computer. There is a license for an unlimited number of computers (666 US dollars).

Registration in INTRADE.BAR company

Before you register with INTRADE.BAR , you need to decide whether you want to make transactions on a demo or live account. The client will test the system and understand how to earn money here in demo trading mode. In the «Profile» section you can switch to real trading by simply moving the Demo-Real slider.

intrade.bar registration

You can trade and withdraw your first profit on a real account. After selecting the real account mode, you will have to fill in the registration form, in which you need to specify the client’s name and e-mail address. Then you will receive an e-mail with the data to enter your personal cabinet, it can get to the folder «Spam», we advise you to check it if necessary.

INTRADE.BAR user account

The personal cabinet of the trader on the website intrade.bar consists of sections:

  • Profile. The first item is the transition between a real account and a demo. Demo account can be updated. Trading in 1 click allows you not to waste time on confirming the transaction. For fans of «dark» themes a special switch is made to change the background of the terminal. You can also scale the chart.
  • Deposit and withdrawal. There are currently 9 ways to replenish and withdraw capital in this section. Verification is not required when withdrawing.
  • Statistics. The broker has useful functions for the analysis of deals. The most profitable assets and expirations are specified here. This section will be useful for monitoring the efficiency of the system and its possible correction. If desired, the statistics will be zeroed out.
  • Broker news. Company’s breaking news.
  • FAQ section. Here you can find answers to frequently asked questions.
  • Safety. You can change the password.
  • Affiliate program. There is a link to attract partners provided, along with the complete statistics on transfers and earnings. The program can be of two types: 1% of the clients’ turnover or 53% of the broker’s earnings.

 

intrade.bar platform

INTRADE.BAR uses the platform with TradingView charts and Thomson Reuters quotations. At the beginning of each trading day, a window appears in the platform, in which a trader can enter the risk parameters, upon reaching which the system will stop working, the loss and profit levels are specified here. There are 3 trading modes:

  • Classic (the end of the expiration ends every 5 minutes, payoff is 77%);
  • Sprint (expiration at any time from 3 to 500 minutes, payoff is 80% for 3 minutes, above 3 minutes payoff is 77%);
  • Random (random schedule, expiration from 5 to 500 minutes, the movement is based on random number source, works 24/7, payoff is 97%).

What do you need to do to make a deal? To do this, you only need to take a few steps: choose a currency pair, the amount of the transaction (from $1), the expiration and direction (up and down, CALL and PUT). After that, the deal will appear in the subsection «open» deals, after its completion it will go to the «closed».

The trading platform allows you to perform technical analysis directly on the chart. It is possible to build resistance and support levels using the tools of the panel, located on the left side of the terminal, to add indicators, the list of which is in its upper part. Some traders carry out technical analysis using for instance MT4, TradingView or NinjaTrader, for this purpose the company has decided to minimize the chart in order not to distract from work, it can be replaced by a quick access to the assets that are of interest for the client.

INTRADE.BAR broker quotations

The broker does everything to ensure that the service available to his client is of high quality. This can also be referred to as a liquidity provider, with which an international company Thomson Reuters cooperates, providing accurate and up-to-date data on the value of assets to trade participants in financial markets.

intrade.bar broker quotations

Following the fashion trends in the world of options, the broker has created its own random schedule since June 2018. Quotes here are completely random, created by a random number generator and have nothing to do with stock exchanges. They are the same for all clients, they can even be compared at any time. This schedule works 24/7.

 

INTRADE BAR demo account

A trader can study the possibilities of the trading platform on a free demo account. After opening a demo account, he or she will look at the terminal’s functionality, test its operation and make sure that the quality of the service offered by the broker is nice.

INTRADE.BAR demo account

 

Intrade bar mobile application

There is no possibility to download a mobile application on the broker’s website intrade.bar. Besides, in the section «FAQ» it is specified that creation of such a platform is not planned. Traders, if they intend to achieve decent results in their work, should immediately get used to quality trading in the web terminal.

 

INTRADE.BAR bonuses

Broker, unlike numerous competitors of the market, does not provide traders with bonus offers, because it is unprofitable, leads to the loss of deposit, etc. The site indicates that the company can offer the client a bonus of 150% on standard terms, as well as other market companies.

 

Deposit and withdrawal

According to the terms of customer service in the company, the processing of requests for withdrawal of funds and their transfer takes up to 15 minutes. If we take into account the feedback of traders who work with the company, the procedure of withdrawal of money takes no more than 5 minutes. The broker’s financial department works from 9:00 to 17:00 Moscow time, if the withdrawal of funds takes place outside working hours, the request will be processed the next day.

intrade.bar deposit and withdrawal

 

Complaints against INTRADE BAR

We have studied the traders’ feedback about the broker in the Internet, among them there are positive (favorable conditions, convenient terminal, quick withdrawal, professionalism of support managers, comfortable deposit to start trading, etc.), and the negative aspects (difficulties with the platform, lack of regulation). There are few negative opinions in the network, besides, they are usually accompanied by comments of the broker’s representative that causes the big trust to the company.  On the website intrade.bar you can also find the feedback from the traders cooperating with it. Here, for example, they write about a quick withdrawal of money, about the quality of the service, positioning of the broker in the market.

If we find complaints about INTRADE.BAR, we will post it on social media. Follow us to be well informed:

 

INTRADE.BAR broker regulator

INTRADE.BAR broker operates without a license certificate. The company’s management and the majority of clients agreed that there is no need to pay 4000 dollars for paper, which is not useful to clients and can not provide proper protection for them. INTRADE.BAR decided that the money it would save on buying a certificate would be distributed as gifts to its customers. For a broker, positive feedback from traders is more important than paper, which means nothing.

intrade.bar user agreement

The user agreement is a document that defines what services will be provided to the client of the platform. It answers a number of subtle questions that may arise for traders in various situations when working in the company. In this part of the review we will demonstrate the most important points of the «Agreement» and point out screenshots of the original document. For example, if a broker asks for an identity check, it will be carried out within 1 day. This is quite fast and can be attributed to the advantage of the company:

INTRADE BAR identity check

When applying for a withdrawal, the minimum amount will be $7, which is quite acceptable. In the «Agreement» it is specified that the transfer is carried out within 6 hours, in fact, it usually happens within 5 minutes, if the application is submitted during working hours. We also put a plus to this point:

intrade.bar withdrawal application time

This paragraph indicates that the minimum amount of replenishment is $10: a very low threshold for entry should also be considered a plus for the company. The client can’t make exchange operations using the account of the personal account in the company and it’s correct, there are exchangers for this purpose:

INTRADE.BAR minimum amount of replenishment

In cases where fraudulent actions are detected when a client carries out financial transactions, the company has the right to cancel them and freeze the client’s account. There are no questions here, everything is correct:

INTRADE BAR client's account freeze

If there are technical errors on the part of INTRADE.BAR in financial transactions, it can cancel the results of these actions. Withdrawal of money is carried out only to the same details of the client, which were specified when depositing funds. But if there is no possibility to use the system, which was used during the deposit, then the client has the right to specify another way to do so. Full responsibility is borne by the client when indicating the details of the withdrawal of money. The sums from 100 dollars are not subject to commissions. This is very nice and obviously can be attributed to the advantage of the company:

INTRADE.BAR cancel transactions

It is said here about quotations that the source of correct quotations is stored on a server of the company, and it concerns only clients with real accounts. If a transaction is closed at the same quote, it is considered a loss, it concerns TradingView, the new version of the chart:

intrade.bar quotations

Transactions are considered invalid if they were opened at the time of hardware or software failure of the broker, in case of hacker attacks or suspension of trading on the financial markets, etc. If the company has decided to update the software, a failure has occurred and this has had a negative impact on the clients’ accounts, INTRADE.BAR is ready to reimburse the losses:

INTRADE.BAR broker rules

The broker has the right to change the percentage of payments on assets, types of options, expiry periods. There is nothing to worry about. At the moment the broker has some of the best conditions for these indicators:

intrade.bar the change the percentage of payments on assets

INTRADE.BAR can change the terms of the «Agreement» not more than once a month:

INTRADE.BAR can change the terms of the Agreement

The company has the right to request a copy of the documents from the client to confirm his identity. Rather, it is a rare case, as the broker adheres to the rules not to carry out verification. INTRADE.BAR initially focuses on the free withdrawal of funds and this is its big plus. In case of any difficult situations the broker is ready to solve them by correspondence. Usually all questions are solved within 5 minutes. It is also a big plus:

INTRADE.BAR consideration of appeals, disputes and claims

Below it is specified, in what cases INTRADE.BAR or the client can influence the termination of cooperation. If the company has decided to terminate its work, it will notify the client one day before the event. All money will be paid off to the clients:

INTRADE.BAR payment of money to clients upon termination of work

 

Is INTRADE.BAR a scam?

INTRADE.BAR broker has been working quite successfully in the field of binary options since 2016. Offering its client a new unique service and a bold approach to working in the financial markets, the company, if I may say so, has made a real «revolution». Having studied the proposals of the competitors, the broker was able to eliminate those moments that, in his opinion, interfere with the trader’s work and left only those that fruitfully influence his performance. Instant execution of transactions, high payments on assets, fast withdrawal of earnings in 5 minutes, professional support, innovative risk management program, clicker service, unique terminal, etc. – All of this is a clear advantage of the platform and attracts traders to the broker.

The fact that the company has its own software development, confirms its serious intentions to take a strong position in the market, it proves that it is clearly not a cheater, who, by providing trading services, pursues only the goal of collecting money from clients fraudulently and disappear. It would be desirable to allocate the relation of the broker to questions of regulation, verification, granting of bonuses, mobile platforms. The bold position of the company helps to offer the client favorable working conditions, absence of the moments interfering with trading. Traders’ feedback about the broker in the Internet and on the company’s website is mostly positive, confirming the effectiveness and efficiency of such an innovative system of work.

The company is focused on the provision of services, the terminal is functional, the output of earnings is carried out in different ways, etc. Can we consider that INTRADE.BAR is a swindle and a fraudster? Having studied its possibilities, favorable working conditions, innovative service, we will answer this question today – no. This is also confirmed by numerous positive references from traders about cooperation with the platform.

 

Summary

INTRADE.BAR has been successfully operating for about 3 years and its entry into the binary options market has had a powerful positive effect. Offering the client a unique approach to trading, he has collected only the best in himself and removed the fact that prevented clients from fully developing in the field of binary options.

Instant execution of transactions, withdrawal without verification in 5 minutes, high and stable payments on assets, high quality support, no annoying managers and most importantly, the risk management program – all this makes INTRADE.BAR one of the best, perhaps the best brokerage platform in the CIS. Positive feedback from clients also confirms it, however, the feedback from traders can be found in the review below.

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