CIM Banque
Corner Trader
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Overview
CIM Banque was founded in 1995 and is headquartered in Geneva, while Corner Trader was established in 1879 and is based in Switzerland. CIM Banque holds licences including Financial Industry Regulatory Authority (FINRA), while Corner Trader is regulated by Unregulated among others. CIM Banque serves 10,000+ clients worldwide; Corner Trader has 10,000+. The minimum deposit is $100 at CIM Banque and $250 at Corner Trader.
| Feature | CIM Banque | Corner Trader |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC) | Unregulated |
| Founded | 1995 | 1879 |
| Country | Geneva | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CIM Banque and Corner Trader, directly affecting your bottom line as a trader. CIM Banque has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while CIM Banque does not, giving CIM Banque an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, CIM Banque scores higher on fees in our assessment.
| Feature | CIM Banque | Corner Trader |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
CIM Banque offers MT4, MT5, cTrader, while Corner Trader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CIM Banque supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.
| Feature | CIM Banque | Corner Trader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android ,iPhone,Mac,iPade | MT4,Desktop,iPhone/iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CIM Banque and Corner Trader compare. CIM Banque runs regular live webinars; Corner Trader does not. CIM Banque has a video library; Corner Trader does not. CIM Banque publishes daily market commentary; Corner Trader does not. CIM Banque integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. CIM Banque maintains an archive of past webinars for on-demand viewing. CIM Banque scores higher overall in education and research.
| Feature | CIM Banque | 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. CIM Banque 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 | CIM Banque | 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 CIM Banque 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 | CIM Banque | Corner Trader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |