Bitfinex
Corner Trader
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Overview
Bitfinex was founded in 2015 and is headquartered in New Zealand, while Corner Trader was established in 1879 and is based in Switzerland. Bitfinex holds licences including Financial Services Provider (FSP), while Corner Trader is regulated by Unregulated among others. Bitfinex serves 10,000+ clients worldwide; Corner Trader has 10,000+. The minimum deposit is $100 at Bitfinex and $250 at Corner Trader.
| Feature | Bitfinex | Corner Trader |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Services Provider (FSP) | Unregulated |
| Founded | 2015 | 1879 |
| Country | New Zealand | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex and Corner Trader, directly affecting your bottom line as a trader. Bitfinex has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Corner Trader). Both brokers charge withdrawal fees. Corner Trader applies inactivity fees on dormant accounts; Bitfinex does not. Overall, Bitfinex scores higher on fees in our assessment.
| Feature | Bitfinex | Corner Trader |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Bitfinex offers MT5, cTrader, while Corner Trader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bitfinex supports social and copy trading features, which Corner Trader does not offer. Corner Trader edges ahead on platform breadth and functionality in our scoring.
| Feature | Bitfinex | Corner Trader |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android Apps,iPhone/iPad,Desktop | MT4,Desktop,iPhone/iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and Corner Trader compare. Bitfinex runs regular live webinars; Corner Trader does not. Bitfinex has a video library; Corner Trader does not. Bitfinex publishes daily market commentary; Corner Trader does not. Bitfinex integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. Bitfinex maintains an archive of past webinars for on-demand viewing. Bitfinex scores higher overall in education and research.
| Feature | Bitfinex | Corner Trader |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bitfinex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Corner Trader supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bitfinex | Corner Trader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bitfinex and Corner Trader offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Bitfinex | Corner Trader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |