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Trading on major forex pairs from just 0.5 pips

InterTrader has cut its trading spreads on a range of popular forex pairs. Clients can now trade EUR/USD, AUD/USD and USD/JPY from just 0.5 pips, and GBP/USD and EUR/GBP from just 0.8 pips.

These spreads are available on the InterTrader web-based dealing platform, and for spread betting via the MT4 platform. The full list of spread cuts is as follows:

Forex pair Old spread from New spread from
AUD/USD 1.4 0.5
EUR/GBP 1.6 0.8
EUR/USD 1.2 0.5
EUR/JPY 1.5 1.4
GBP/USD 1.8 0.8
USD/CAD 2 1.7
USD/CHF 2.3 1.4
USD/JPY 1 0.5

Shai Heffetz, managing director of InterTrader Ltd, commented: ‘We want to make trading fair and affordable to all. With our latest spread cuts we’re reducing the cost of trading with InterTrader. Combined with our TradeBack volume rebate, and transparent market-neutral execution, we believe this is a winning package for traders.’

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.

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