Corner Trader
Fidelity
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Overview
Corner Trader was founded in 1879 and is headquartered in Switzerland, while Fidelity was established in 2008 and is based in USA. Corner Trader holds licences including Unregulated, while Fidelity is regulated by Financial Conduct Authority (FCA) among others. Corner Trader serves 10,000+ clients worldwide; Fidelity has 10,000+. The minimum deposit is $250 at Corner Trader and $100 at Fidelity.
| Feature | Corner Trader | Fidelity |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) |
| Founded | 1879 | 2008 |
| Country | Switzerland | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Corner Trader and Fidelity, directly affecting your bottom line as a trader. Fidelity has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while Fidelity does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Fidelity scores higher on fees in our assessment.
| Feature | Corner Trader | Fidelity |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Corner Trader offers MT4, MT5, cTrader, while Fidelity supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Fidelity 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 | Corner Trader | Fidelity |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,Desktop,iPhone/iOS | iPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Corner Trader and Fidelity compare. Fidelity runs regular live webinars; Corner Trader does not. Fidelity has a video library; Corner Trader does not. Fidelity publishes daily market commentary; Corner Trader does not. Fidelity integrates third-party research tools (Trading Central); Corner Trader does not. Fidelity maintains an archive of past webinars for on-demand viewing. Fidelity scores higher overall in education and research.
| Feature | Corner Trader | Fidelity |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Corner Trader accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Fidelity supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Corner Trader | Fidelity |
|---|---|---|
| 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 Corner Trader and Fidelity 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 | Corner Trader | Fidelity |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |