CMC Markets
Corner Trader
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Overview
CMC Markets was founded in 1989 and is headquartered in UK, while Corner Trader was established in 1879 and is based in Switzerland. CMC Markets holds licences including Financial Conduct Authority (FCA), while Corner Trader is regulated by Unregulated among others. CMC Markets serves 10,000+ clients worldwide; Corner Trader has 10,000+. The minimum deposit is $200 at CMC Markets and $250 at Corner Trader.
| Feature | CMC Markets | Corner Trader |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 1989 | 1879 |
| Country | UK | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CMC Markets and Corner Trader, directly affecting your bottom line as a trader. CMC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $250 at Corner Trader). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, CMC Markets scores higher on fees in our assessment.
| Feature | CMC Markets | Corner Trader |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
CMC Markets offers MT4, MT5, cTrader, while Corner Trader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | CMC Markets | 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 | Web Trader, Binary, Tablet & Mobile apps | MT4,Desktop,iPhone/iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CMC Markets and Corner Trader compare. CMC Markets runs regular live webinars; Corner Trader does not. CMC Markets has a video library; Corner Trader does not. CMC Markets publishes daily market commentary; Corner Trader does not. CMC Markets integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. CMC Markets maintains an archive of past webinars for on-demand viewing. CMC Markets scores higher overall in education and research.
| Feature | CMC Markets | 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. CMC Markets 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 | CMC Markets | 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 CMC Markets and Corner Trader offer live chat support. Both provide phone support. Email support is available at both brokers. CMC Markets supports 8 languages and Corner Trader supports 2, giving CMC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | CMC Markets | Corner Trader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian | English, and Chinese |