Corner Trader
Fortrade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Corner Trader was founded in 1879 and is headquartered in Switzerland, while Fortrade was established in 1992 and is based in UK. Corner Trader holds licences including Unregulated, while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. Corner Trader serves 10,000+ clients worldwide; Fortrade has 10,000+. The minimum deposit is $250 at Corner Trader and $1 at Fortrade.
| Feature | Corner Trader | Fortrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20 |
| Founded | 1879 | 1992 |
| Country | Switzerland | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Corner Trader and Fortrade, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while Fortrade does not, a notable advantage for frequent withdrawers. Corner Trader applies inactivity fees on dormant accounts; Fortrade does not. Fortrade charges deposit fees; Corner Trader does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | Corner Trader | Fortrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Corner Trader offers MT4, MT5, cTrader, while Fortrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Corner Trader | Fortrade |
|---|---|---|
| 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, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Corner Trader and Fortrade compare. The two brokers are evenly matched on educational content.
| Feature | Corner Trader | Fortrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 Fortrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). Fortrade uniquely supports PayPal and Neteller among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | Corner Trader | Fortrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| 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 Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. Corner Trader supports 2 languages and Fortrade supports 1, giving Corner Trader broader global reach. Both brokers are comparable on support quality.
| Feature | Corner Trader | Fortrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |