Corner Trader
fxcl markets
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Overview
Corner Trader was founded in 1879 and is headquartered in Switzerland, while fxcl markets was established in 2006 and is based in Cayman Islands. Corner Trader holds licences including Unregulated, while fxcl markets is regulated by Financial Services Authority (FSA) number 1637 among others. Corner Trader serves 10,000+ clients worldwide; fxcl markets has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | Corner Trader | fxcl markets |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Unregulated | Financial Services Authority (FSA) number 1637 |
| Founded | 1879 | 2006 |
| Country | Switzerland | Cayman Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Corner Trader and fxcl markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Corner Trader charges withdrawal fees while fxcl markets does not, a notable advantage for frequent withdrawers. Corner Trader applies inactivity fees on dormant accounts; fxcl markets does not. Overall, fxcl markets scores higher on fees in our assessment.
| Feature | Corner Trader | fxcl markets |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Corner Trader offers MT4, MT5, cTrader, while fxcl markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fxcl markets supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.
| Feature | Corner Trader | fxcl markets |
|---|---|---|
| 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, 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 fxcl markets compare. fxcl markets runs regular live webinars; Corner Trader does not. fxcl markets has a video library; Corner Trader does not. fxcl markets publishes daily market commentary; Corner Trader does not. fxcl markets integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. fxcl markets maintains an archive of past webinars for on-demand viewing. fxcl markets scores higher overall in education and research.
| Feature | Corner Trader | fxcl markets |
|---|---|---|
| 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 fxcl markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxcl markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.
| Feature | Corner Trader | fxcl markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 fxcl markets offer live chat support. Both provide phone support. Email support is available at both brokers. Corner Trader supports 2 languages and fxcl markets supports 8, giving fxcl markets broader global reach. Both brokers are comparable on support quality.
| Feature | Corner Trader | fxcl markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |