Core Spreads
Corner Trader
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Overview
Core Spreads was founded in 2014 and is headquartered in London, while Corner Trader was established in 1879 and is based in Switzerland. Core Spreads holds licences including Financial Conduct Authority (FCA), while Corner Trader is regulated by Unregulated among others. Core Spreads serves 10,000+ clients worldwide; Corner Trader has 10,000+. The minimum deposit is $1 at Core Spreads and $250 at Corner Trader.
| Feature | Core Spreads | Corner Trader |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2014 | 1879 |
| Country | London | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Core Spreads and Corner Trader, directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while Core Spreads does not, giving Core Spreads an edge for frequent withdrawers. Corner Trader applies inactivity fees on dormant accounts; Core Spreads does not. Core Spreads charges deposit fees; Corner Trader does not. Overall, Core Spreads scores higher on fees in our assessment.
| Feature | Core Spreads | Corner Trader |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Core Spreads 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 | Core Spreads | 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 | MT4, Web Trader, 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 Core Spreads and Corner Trader compare. Core Spreads has a video library; Corner Trader does not. Core Spreads integrates third-party research tools (Autochartist); Corner Trader does not. Core Spreads scores higher overall in education and research.
| Feature | Core Spreads | 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. Core Spreads 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 | Core Spreads | 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 Core Spreads 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 | Core Spreads | Corner Trader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |