iDealTrade is an online platform designed to facilitate local-to-local transactions by automating the matching process between borrowers and investors. It offers a cost-effective and efficient alternative to traditional voice brokers. Below are ten key benefits of using iDealTrade:
- Support from the team – The iDealTrade team is available to support users with any queries and can provide demonstrations for new users. This ensures a smooth onboarding process and continued ease of use.
- Rate Guidance – Each week, the iDealTrade team publishes rate guidance based on current market intelligence. This assists users in setting competitive bid and offer rates, increasing the likelihood of successful matches.
- Low Cost – iDealTrade is a cheaper alternative to other trading options, with the platform being free for investors, whilst borrowers pay a competitive fee of just 0.03% (3 basis points).
- Loan Documentation – All trades on the platform are subject to standard terms and conditions. These documents outline key elements such as interest calculation methods and procedures in the event of late payments.
- Promotion of Trades – To enhance visibility, iDealTrade actively promotes posted trades to all registered users. The team highlights new and key opportunities, helping to ensure trades receive attention from potential counterparties.
- Financial Strength Scores – Upon matching, lenders are provided with the counterparty’s financial strength scores (developed by Arlingclose). These scores, derived from publicly available information and updated regularly, can form part of the due diligence required on investment counterparty credit worthiness. This helps lenders to make well-informed investment decisions.
- Immediate Settlement Instructions – Once a trade has been matched, settlement instructions will be made immediately available. These are included in the auto-generated trade confirmation, which also details the interest payment schedule and total interest payable over the loan term.
- Rollover Notifications – As a loan approaches maturity, the iDealTrade team contacts both parties to discuss the option of rolling over the loan. This simplifies the renewal process and ensures continuity where required.
- Widely used by UK Local Authorities – The platform is made up of active members representing over 180 local authorities and pension funds. This provides users with a wide range of counterparties and trading opportunities.
- Security & Encryption – The platform is fully encrypted, password-protected, and undergoes routine penetration testing. Access is restricted to vetted users only, ensuring a high standard of security. All trade and settlement instructions are passed securely within iDealTrade’s protected environment.
If you have any questions or would like guidance on using the platform, please get in touch with the team by emailing support@idealtrade.net.
22/12/2025
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