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Is INTRADE.BAR a Scam? Complete Review and Real Customer Feedback

Published: 1 November 2018 Updated: 12 November 2024


Intrade.Bar is one of the most popular Binary options brokers today, renowned for its daring approach to trading. Founded in 2016, the company maintains a trajectory of active and fruitful growth, presenting contemporary traders with abundant prospects within the binary options sphere. Its focus lies on transparency and integrity, rather than making extravagant promises of instant profitability through aggressive marketing tactics and constant bonuses. Remarkably, this approach has proven to be a winning formula for the company, as evidenced by its growing number of traders.

Moreover, Intrade.Bar attracts attention for its guaranteed payments, user-friendly trading interface, accessible quote information, and responsive customer assistance. However, the crucial question remains: Is Intrade.Bar a deceptive scam targeting traders, or is it a reliable, transparent broker of binary options that facilitates earnings and hassle-free withdrawals? This question will be addressed comprehensively in our broker review.

 

 

INTRADE.BAR Trading Conditions

INTRADE.BAR works with clients on favorable terms, and beginners will also be able to try out a great opportunity of demo trading to familiarize themselves with the functionality of the broker’s platform. Withdrawal of transactions from the account is carried out within 5-15 minutes, in rare cases delays of up to one hour are possible. If the withdrawal of funds takes place on non-working days, the broker will process the request within a working day. INTRADE.BAR treats well traders who trade successfully and never block their accounts.

INTRADE.BAR is a scam? Reviews

INTRADE.BAR will not bother the client with calls. If you need help, you can contact online chat at any time and you will be answered very quickly, usually within 1 minute on weekdays. The broker does not provide any deposit bonuses, so as not to provoke clients to beat them off – this entails increased risk and eventually the loss of the entire deposit. The company does not ask for proof of identity. The only case when it may require additional documents is if you decide to withdraw money to a card from which you have not funded your account.

Intrade.Bar benefits

INTRADE.BAR introduces a pivotal tool in trading: the ‘risk management’ option. As the user enters the trading platform to make the first transaction, they can set an acceptable level of risk and thus control emotions. A window will pop up asking the user to enter the maximum risk and maximum profit, the trader can decline this option and skip it. If you have entered values into the risk management program, they will not change during the trading day. Risk management has a big impact on profitability. 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 established a highly competent technical support team. INTRADE.BAR will deduct $5 from the salary of managers who did not answer a question or gave wrong advice to a client. This money will be transferred to the account of the trader who asked the manager a question.

You can also try other trading options to earn money:

Forex trading with a broker Alpari (Try)
P2P trading on cryptocurrency exchange Bybit (Go to the site)

Registration on INTRADE.BAR

Before registering with INTRADE.BAR, it’s essential to decide whether to engage in demo or real transactions. In demo trading mode, clients can test the system and grasp its functionalities. Within the ‘Profile’ section, transitioning to real trading is facilitated by adjusting the Demo-Real slider.

Once on a real account, clients can trade and withdraw their initial profits. To switch to a real account, users must complete a registration form, providing their name and email address. Subsequently, they’ll receive an email containing login credentials, which may occasionally land in the ‘Spam’ folder. We recommend checking the ‘Spam’ folder if necessary.

INTRADE.BAR to open an account

Personal Account

Trader’s account on intrade.bar consists of the following sections:

  • Profile. The first point is the transition between the real and demo account. The demo account can be upgraded. Additionally, users can select their preferred account currency. Trading in 1 click allows you not to waste time on transaction confirmation. For those who like ‘dark’ themes, there is a special switch to change the background of the terminal. It is possible to scale the chart.
  • Replenish and withdraw funds. In this section, there are 9 ways to deposit and withdraw. Withdrawal does not require verification.
  • Statistics. The broker has useful functions for analyzing trades. The most profitable assets and expirations are indicated here. This section will be useful for tracking the performance of the system and its possible correction. The statistics can be reset if desired.
  • Broker News. Current company news.
  • FAQ. Here are some answers to frequently asked questions.
  • Security. You can change your password.
  • Affiliate Program. The link for attracting affiliates is provided, and there are full statistics on conversions and earnings. The program can be of two types: 1% from clients’ turnover or 53% from broker’s earnings.

 

Intrade.bar Platform

INTRADE.BAR uses a platform with charts TradingView and FXCM quotes. At the beginning of each trading day, a window appears on the platform where the trader can enter the risk parameters. When reached, the system will stop working. The level of loss and profit are indicated there. There are 2 trading modes:

  • Classic (expires every 5 minutes, 77% of payoff);
  • Sprint (payout percentage depends on the term of the deal, more details on the screenshot).

intrade.bar payments

What do I have to do to make a deal? To do this, you only need to perform a few steps: select a currency pair, deal amount (from $1), expiration, and direction (up or down, CALL or PUT). After that the deal will appear in the subsection “open” trades, after its completion, it will move to “closed”.

The trading platform allows for technical analysis directly on the chart. You can build resistance and support levels using the panel tools on the left side of the terminal, and add indicators the list of which is located in the upper part of the terminal. The terminal provides a number of functions:

  • Select an asset (located in the upper left corner).
  • Analyze the movement of an asset’s price based on a chart.
  • Set the amount and expiration date of the option (located in the upper right corner).
  • View information about yield, current, and closed transactions (displayed on the right side of the screen).
  • It is possible to open a trade with a forecast to increase the price of the asset by clicking on “Call”, or to decrease it by clicking on “Put”.

INTRADE.BAR terminal

You can also open the currency pairs menu by clicking on the asterisk above the chart and selecting the appropriate pairs you would like to track.

INTRADE.BAR currency pairs

The following settings are available on the work chart:

  • Setting the time interval in the range from M1 to D1 (from 1 minute to 1 day).
  • Select the chart type (including Japanese candlesticks, blank candlesticks, bars, Haken Ashi, area, line, and baseline).
  • Ability to install and save templates with customizations.

More than 80 indicators, 55 graphical tools, and the ability to create customizations using templates are available for technical analysis in Intrade Bar.

INTRADE.BAR indicators

Broker Quotes

Intrade.bar operates on transparent terms and stands as a true revolution in today’s binary options market. A key aspect contributing to its trustworthiness is the accuracy of its quotes, which is ensured through a partnership with FXCM, a proven and reputable liquidity provider.

Traders can rely on receiving 100% accurate currency quotes, calculated using the formula (bid+ask)/2. This commitment to precision is further emphasized on the broker’s website. Moreover, traders can verify the quotes in a dedicated section on the intrade.bar website

INTRADE.BAR quotes

 

Intrade.bar Demo Account

Demo on Intrade.bar is a convenient tool for a trader. By using it correctly, you can learn all the features of the trading terminal, test strategies and generally make your first bet with this broker. Impressive? Let’s tell you why you need a demo account with Intrade Bar.

Intrade.bar demo account

The demo account at Intrade Bar is a complimentary virtual option available to all traders. It allows users to practice trading with 10,000 USD in virtual funds. This virtual money can be spent on buying/selling options, testing trading strategies, and developing your trading strategy using different tools. The terminal on the demo account has different indicators and oscillators, such as RSI, Stochastic, MA, Alligator, ADX, MFI, ADX, Bollinger Bands, Envelopes, etc.

Advantages of the Intrade Bar Demo Account:

  • Risk-free trading. Practice trading without putting real money at risk.
  • Free training. Learn the features of the platform and the basics of binary options trading.
  • Virtual capital to help. Start with a virtual $10,000 and learn how to manage your balance.
  • Real Options Trading Experience. A demo account offers the same tools and conditions as a real account, except for the use of real money.
  • Strategy Testing. Test and improve trading strategies in real market conditions without financial losses.
  • Easy transition to real trading. After learning and testing strategies on a demo account, you can easily move to trading on a live account.

 Remember that using a demo account is the first step for beginner traders and a useful tool for experienced market participants.

 

 

Intrade Bar App

By the end of 2020, the broker launched an Android application. It is ideal for those who love convenience and mobility. This app enables traders to engage in binary options trading at their convenience, potentially earning up to 85% profit from a single trade. Importantly, the Intrade Bar mobile app includes all the features of the primary platform. TradingView is integrated into it, FXCM quotes are available. A demo account with a balance of 10 thousand dollars is offered, which allows you to practice without the risk of losing real money, practice strategies, etc. Trading is available on 21 currency pairs such as GBP, CHF, JPY, and USD, among others, with options including sprint and classic differing in expiry times.

INTRADE.BAR application

The platform guarantees a fixed profit on trades, and the terms of the trades are known in advance. Deposit and withdrawal of funds are easy and varied. Visa, Mastercard, and most electronic payment systems are supported. Installation of the Intrade Bar application is simple. Just log in to the broker’s personal cabinet or on the intrade.bar website, in the FAQ section.

Revieweek.com tip: download the Intrade Bar app only on the official intrade.bar website to avoid the risk of encountering scammers.

Benefits of the Intrade Bar app:

  • Trade wherever and whenever you want.
  • Opportunity to earn up to 85% from a single transaction in a few clicks.
  • A complete set of trading platform tools in your smartphone.
  • Demo account with a virtual $10,000 to practice.
  • Fixed profit on transactions and transparent conditions.
  • Many ways to deposit and withdraw funds.
  • Easy installation through your account or website.

 

INTRADE.BAR Bonuses

For all users there is a bonus reward for depositing, so when depositing funds via USDT (TRC20 network), a trader receives an additional 5% of the amount. When using FK Wallet, the bonus will amount to 3% of the deposit amount.

INTRADE.BAR bonuses

Affiliate Program

Binary options broker INTRADE.BAR offers each registered user to participate in the affiliate program. You can join the standard referral program and receive 1% from each trade of the referred broker or switch to the extended program with earnings of 53% from the broker’s profit. You will find the referral link in your personal cabinet after registration on the site. To get access to the program “53% from broker’s profit” you need to contact the broker’s support service, verify your account, and bring at least 3 new clients who made their first deposit within 180 days.

INTRADE.BAR affiliate program

 

Deposit and Withdrawal of Funds on INTRADE.BAR

According to the company’s customer service terms, the processing of withdrawal requests and their transfer takes up to 15 minutes. If we consider the reviews of traders working with the company, the withdrawal procedure takes no more than 5 minutes. The financial department of the broker works from 9:00 to 17:00 CET, if the withdrawal of funds takes place outside of working hours, the application will be processed the next day. The following are specified as the methods of account replenishment:

  • USDT (TRC20 network)
  • Visa/MasterCard
  • FK Wallet
  • Internet banking
  • NIX money
  • Perfect Money

INTRADE.BAR account replenishment

The minimum amount for replenishment will be $10.

To withdraw earnings, you can use these methods:

  • Visa/MasterCard
  • USDT (TRC20 network)
  • AdvCash

INTRADE.BAR withdrawal

Commission for withdrawal to cards is $1 plus 3% of the amount. There is a commission of 3.5% for all wallets. It is also possible to charge an additional withdrawal fee if the turnover does not reach 150% of the withdrawal amount. This may result in an additional cost of 50% of the commission. However, if you withdraw an amount from $100 and your turnover exceeds 150%, the broker will compensate the commission and the account will be credited with exactly the amount the client specified for withdrawal.

 

Reviews on Intrade.Bar

We have studied traders’ reviews about the broker on the Internet, and among them there are both positive (favorable conditions, convenient terminal, fast withdrawal, professionalism of support managers, comfortable deposit to start trading, etc.) and negative points (difficulties with the platform, lack of regulation). There are few negative reviews in the network, moreover, they are usually immediately accompanied by comments of the broker’s representative, which causes great confidence in the company. In the infographic, you can familiarize yourself with the advantages of brokers based on client reviews:

On the site intrade.bar You can also read reviews of traders cooperating with it. Here they write, for example, about the fast withdrawal of money, the quality of service and the positioning of the broker on the market.

Intrade.bar reviews of traders

intrade.bar reviews

INTRADE.BAR reviews

If there are any new reviews on INTRADE.BAR, we’ll be sure to post on social media. Sign up so you don’t miss anything!

Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

INTRADE.BAR Regulator

INTRADE.BAR broker does not have a license certificate. The company management and the majority of clients agreed that there was no reason to pay $4,000 for a paper that was of no use to clients and could not provide them with proper protection. The broker decided that the money he would save on buying the certificate would be given away as gifts to his clients. It is more important for the broker to get positive feedback from traders, not a paper that 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 several subtle questions that traders may have when working with the company. Let’s demonstrate in this part of the review the most important points of the “Agreement” and point out screenshots of the original document. For example, if the broker requests an identity verification, it will be conducted in 1 day. This is fast and can be considered an advantage of the company:

Intrade.bar identity verification

When requesting a withdrawal, the minimum amount will be $7. The “Agreement” states that the transfer occurs within 6 hours, in fact, it usually takes 5 minutes if the application is filed during working hours. Also, put a plus on this point:

intrade.bar money transfer

This point indicates that the minimum deposit amount is 10 dollars: a very low entry threshold should also be considered a plus for the company. The client cannot make exchange transactions using a personal account in the company and this is correct, there are exchangers for this purpose:

INTRADE.BAR account replenishment

In cases where fraudulent actions are detected in the course of financial transactions, the company has the right to cancel them and freeze the client’s account. This measure ensures compliance with security protocols and safeguards against illicit activities.

Intrade.Bar Cancel Transactions

In instances of technical errors on the part of INTRADE.BAR during financial transactions, the company reserves the right to nullify the outcomes of such actions. Withdrawals are processed exclusively to the same client details provided during the deposit. However, should the client encounter any limitations with the withdrawal system used initially, they are entitled to specify an alternative method. It’s important to note that clients bear full responsibility when providing withdrawal details. Transactions amounting to 100 dollars are exempt from commissions, which represents a notable advantage for clients.

intrade.bar trade cancellation

About the quotes it is said here that the source of the correct quotes is stored on the company’s server, and this applies only to clients with real accounts. If a trade closed at the same quote, it is considered a loss, this applies to the new version of the TradingView chart:

INTRADE.BAR quotation source

Transactions are considered invalid if they were opened during hardware or software failures of the broker, in case of hacker attacks or suspension of trading on financial markets, etc. If the company decided to update the software, there was a failure and it negatively affected clients’ accounts, INTRADE.BAR is ready to compensate for losses:

Intrade.bar reimbursement

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

INTRADE.BAR change of the payout percentage

The Broker may change the terms of the “Agreement” not more than once a month:

intrade.bar agreement change

The company has the right to ask the client for a copy of documents to confirm his identity. It’s rather a rare case as the broker adheres to the rules not to perform verification. INTRADE.BAR initially focuses on free withdrawal of funds and this is its big plus. In case of any complicated situations, the broker is ready to solve them by correspondence. Usually, all questions are solved within 5 minutes. This is also a big plus:

INTRADE.BAR controversial issues

The following are the cases in which the broker or the client can influence the termination. If the company decides to terminate, it will notify the client one day in advance of the event. All money will be paid to clients:

Intrade.bar payout to clients

 

Is INTRADE.BAR a Scam?

INTRADE.BAR broker has been working quite successfully in the binary options industry since 2016. By offering its client a new unique service and a bold approach to working in the financial markets, the company has made a real ‘revolution’ in binary options trading.

Having studied the competitors’ offers, the broker was able to eliminate those moments, which, in its opinion, hindered the trader’s work, and left only those that fruitfully influenced his results. Instant execution of trades, high payments on assets, fast withdrawal of earned funds, professional support, innovative risk management program, simple terminal, etc. – all this attracts traders to the broker. And the fact that the company has its software development, confirms its serious intentions to take a strong position in the market, it proves that INTRADE.BAR is not a scam, which, providing trading services, pursues only the goal of collecting money from clients fraudulently and disappearing.

Important Benefits of Intrade.Bar:

  • Extensive experience as a broker.
  • Instead of employing aggressive management tactics and offering hot promotions and bonuses, the company prioritizes honesty and openness towards its customers.
  • Availability of a free demo account.
  • Stable payouts.
  • Simple trading platform, also convenient for beginners.
  • Quality support, as with every unanswered question is the financial responsibility of the manager.

We would like to emphasize the broker’s attitude to the issues of regulation, verification, provision of bonuses, and mobile platforms. The bold position of the company helps to offer the client favorable working conditions and the absence of moments that interfere with trading. INTRADE.BAR trader’s reviews on the Internet and the company’s website are mostly positive, which confirms the effectiveness and efficiency of this truly innovative approach to binary options trading.

Can INTRADE.BAR be considered as a scam and deception? Having studied it in more detail, and having compiled this honest review, we will answer this question unequivocally – no, it is not a scam and not a deception of traders. Our conclusion is confirmed by numerous positive reviews of traders about cooperation with the broker.

 

Conclusion

Binary Options Broker INTRADE.BAR has been successfully operating for more than 6 years, offering the client its unique approach to trading. The company does not care about marketing with crazy promises, but about honesty and openness, which gives the trader much more. As a result, it’s a powerful company with constant development and a growing number of clients.

Instant execution of trades, withdrawal of funds without verification in 5 minutes, high and stable payouts, high-quality support, no annoying managers, risk management program, and, most importantly, no screaming promises, hot promotions, but focus only on the important things. These qualities position INTRADE.BAR as one of the best, if not the best, brokerage platforms globally. This opinion is supported by the positive reviews from INTRADE.BAR traders, which you can explore on our website immediately after reading this review.

Convenience of trading
70%
Withdrawal speed
72%
Percentage of payments
71%
Support Service
66%
3.3

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