B

Corner Trader

4.1/10

fx next

8.3/10
3/10RegulationWinner10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Corner Trader was founded in 1879 and is headquartered in Switzerland, while fx next was established in 2018 and is based in Dubai. Corner Trader holds licences including Unregulated, while fx next is regulated by Financial Conduct Authority (FCA) among others. Corner Trader serves 10,000+ clients worldwide; fx next has 10,000+. Both brokers share the same minimum deposit of $250.

fx next wins this category
FeatureCorner Traderfx next
Min. Deposit$250$250
RegulationUnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F237
Founded18792018
CountrySwitzerlandDubai
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Corner Trader and fx next, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. fx next charges deposit fees; Corner Trader does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureCorner Traderfx next
Min. Deposit$250$250
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Corner Trader offers MT4, MT5, cTrader, while fx next supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureCorner Traderfx next
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,Desktop,iPhone/iOSMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 fx next compare. fx next runs regular live webinars; Corner Trader does not. fx next has a video library; Corner Trader does not. fx next publishes daily market commentary; Corner Trader does not. fx next integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. fx next maintains an archive of past webinars for on-demand viewing. fx next scores higher overall in education and research.

fx next wins this category
FeatureCorner Traderfx next
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 fx next supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx next uniquely supports PayPal and Skrill and Neteller among the two brokers. fx next scores higher on deposit and withdrawal flexibility.

fx next wins this category
FeatureCorner Traderfx next
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 fx next offer live chat support. Both provide phone support. Email support is available at both brokers. Corner Trader supports 2 languages and fx next supports 8, giving fx next broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCorner Traderfx next
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic