Corner Trader
ForexMart
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Overview
Corner Trader was founded in 1879 and is headquartered in Switzerland, while ForexMart was established in 2015 and is based in Cyprus. Corner Trader holds licences including Unregulated, while ForexMart is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Corner Trader serves 10,000+ clients worldwide; ForexMart has 10,000+. The minimum deposit is $250 at Corner Trader and $1 at ForexMart.
| Feature | Corner Trader | ForexMart |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1879 | 2015 |
| Country | Switzerland | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Corner Trader and ForexMart, directly affecting your bottom line as a trader. ForexMart has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Corner Trader). Both brokers charge withdrawal fees. Corner Trader applies inactivity fees on dormant accounts; ForexMart does not. ForexMart charges deposit fees; Corner Trader does not. Overall, ForexMart scores higher on fees in our assessment.
| Feature | Corner Trader | ForexMart |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Corner Trader offers MT4, MT5, cTrader, while ForexMart supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexMart supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.
| Feature | Corner Trader | ForexMart |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,Desktop,iPhone/iOS | MT4, WEB, desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Corner Trader and ForexMart compare. ForexMart runs regular live webinars; Corner Trader does not. ForexMart has a video library; Corner Trader does not. ForexMart publishes daily market commentary; Corner Trader does not. ForexMart integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. ForexMart maintains an archive of past webinars for on-demand viewing. ForexMart scores higher overall in education and research.
| Feature | Corner Trader | ForexMart |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
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 ForexMart supports 4 (bank transfer, credit/debit card, Skrill, Neteller). ForexMart uniquely supports Skrill and Neteller among the two brokers. ForexMart scores higher on deposit and withdrawal flexibility.
| Feature | Corner Trader | ForexMart |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 ForexMart offer live chat support. Both provide phone support. Email support is available at both brokers. Corner Trader supports 2 languages and ForexMart supports 15, giving ForexMart broader global reach. Both brokers are comparable on support quality.
| Feature | Corner Trader | ForexMart |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |