B

Corner Trader

4.1/10

Forex Club

7.1/10
3/10RegulationWinner5/10
0/10FeesWinner8/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Corner Trader was founded in 1879 and is headquartered in Switzerland, while Forex Club was established in 2008 and is based in Russia. Corner Trader holds licences including Unregulated, while Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Corner Trader serves 10,000+ clients worldwide; Forex Club has 10,000+. The minimum deposit is $250 at Corner Trader and $100 at Forex Club.

Forex Club wins this category
FeatureCorner TraderForex Club
Min. Deposit$250$100
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC)
Founded18792008
CountrySwitzerlandRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Corner Trader and Forex Club, directly affecting your bottom line as a trader. Forex Club has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while Forex Club does not, a notable advantage for frequent withdrawers. Corner Trader applies inactivity fees on dormant accounts; Forex Club does not. Overall, Forex Club scores higher on fees in our assessment.

Forex Club wins this category
FeatureCorner TraderForex Club
Min. Deposit$250$100
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Corner Trader offers MT4, MT5, cTrader, while Forex Club supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Club supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCorner TraderForex Club
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,Desktop,iPhone/iOSMT4,WEB,desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Corner Trader and Forex Club compare. Forex Club runs regular live webinars; Corner Trader does not. Forex Club has a video library; Corner Trader does not. Forex Club publishes daily market commentary; Corner Trader does not. Forex Club integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. Forex Club maintains an archive of past webinars for on-demand viewing. Forex Club scores higher overall in education and research.

Forex Club wins this category
FeatureCorner TraderForex Club
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

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 Forex Club supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCorner TraderForex Club
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Forex Club 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.

Tied
FeatureCorner TraderForex Club
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese