Coinbase
Corner Trader
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Overview
Coinbase was founded in 1989 and is headquartered in United States, while Corner Trader was established in 1879 and is based in Switzerland. Coinbase holds licences including Financial Conduct Authority (FCA), while Corner Trader is regulated by Unregulated among others. Coinbase serves 10,000+ clients worldwide; Corner Trader has 10,000+. The minimum deposit is $100 at Coinbase and $250 at Corner Trader.
| Feature | Coinbase | Corner Trader |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 1989 | 1879 |
| Country | United States | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Coinbase and Corner Trader, directly affecting your bottom line as a trader. Coinbase has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while Coinbase does not, giving Coinbase an edge for frequent withdrawers. Corner Trader applies inactivity fees on dormant accounts; Coinbase does not. Overall, Coinbase scores higher on fees in our assessment.
| Feature | Coinbase | Corner Trader |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Coinbase offers MT4, MT5, cTrader, while Corner Trader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Coinbase supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.
| Feature | Coinbase | 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 | iPhone/iPad,iOS, | MT4,Desktop,iPhone/iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Coinbase and Corner Trader compare. Coinbase has a video library; Corner Trader does not. Coinbase integrates third-party research tools (Autochartist); Corner Trader does not. Coinbase scores higher overall in education and research.
| Feature | Coinbase | Corner Trader |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Coinbase 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 | Coinbase | 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 Coinbase 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 | Coinbase | Corner Trader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |