Corner Trader
ICICI Direct
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Overview
Corner Trader was founded in 1879 and is headquartered in Switzerland, while ICICI Direct was established in 1994 and is based in India. Corner Trader holds licences including Unregulated, while ICICI Direct is regulated by Securities and Exchange Board of India (SEBI) among others. Corner Trader serves 10,000+ clients worldwide; ICICI Direct has 2,000,000+. The minimum deposit is $250 at Corner Trader and $0 at ICICI Direct.
| Feature | Corner Trader | ICICI Direct |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Unregulated | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 1879 | 1994 |
| Country | Switzerland | India |
| Clients | 10,000+ | 2,000,000+ |
Fees
Fees are a critical factor when choosing between Corner Trader and ICICI Direct, directly affecting your bottom line as a trader. ICICI Direct has a lower barrier to entry with a minimum deposit of $0 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while ICICI Direct does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, ICICI Direct scores higher on fees in our assessment.
| Feature | Corner Trader | ICICI Direct |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Corner Trader offers MT4, MT5, cTrader, while ICICI Direct supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ICICI Direct supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.
| Feature | Corner Trader | ICICI Direct |
|---|---|---|
| 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 | Web Trader, 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 ICICI Direct compare. ICICI Direct runs regular live webinars; Corner Trader does not. ICICI Direct has a video library; Corner Trader does not. ICICI Direct publishes daily market commentary; Corner Trader does not. ICICI Direct integrates third-party research tools (Trading Central); Corner Trader does not. ICICI Direct maintains an archive of past webinars for on-demand viewing. ICICI Direct scores higher overall in education and research.
| Feature | Corner Trader | ICICI Direct |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 ICICI Direct supports 1 (bank transfer). Corner Trader uniquely supports credit/debit card among the two brokers. Corner Trader scores higher on deposit and withdrawal flexibility.
| Feature | Corner Trader | ICICI Direct |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 ICICI Direct offer live chat support. Both provide phone support. Email support is available at both brokers. Corner Trader supports 2 languages and ICICI Direct supports 13, giving ICICI Direct broader global reach. Both brokers are comparable on support quality.
| Feature | Corner Trader | ICICI Direct |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |