Corner Trader
Libertex
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Overview
Corner Trader was founded in 1879 and is headquartered in Switzerland, while Libertex was established in 2012 and is based in Cyprus. Corner Trader holds licences including Unregulated, while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. Corner Trader serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $250 at Corner Trader and $117 at Libertex.
| Feature | Corner Trader | Libertex |
|---|---|---|
| Min. Deposit | $250 | $117 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 1879 | 2012 |
| Country | Switzerland | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between Corner Trader and Libertex, directly affecting your bottom line as a trader. Libertex has a lower barrier to entry with a minimum deposit of $117 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while Libertex does not, a notable advantage for frequent withdrawers. Corner Trader applies inactivity fees on dormant accounts; Libertex does not. Overall, Libertex scores higher on fees in our assessment.
| Feature | Corner Trader | Libertex |
|---|---|---|
| Min. Deposit | $250 | $117 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Corner Trader offers MT4, MT5, cTrader, while Libertex supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Libertex supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.
| Feature | Corner Trader | Libertex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,Desktop,iPhone/iOS | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Corner Trader and Libertex compare. Libertex has a video library; Corner Trader does not. Libertex publishes daily market commentary; Corner Trader does not. Libertex integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. Libertex scores higher overall in education and research.
| Feature | Corner Trader | Libertex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | No |
| 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 Libertex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Libertex uniquely supports PayPal and Skrill and Neteller among the two brokers. Libertex scores higher on deposit and withdrawal flexibility.
| Feature | Corner Trader | Libertex |
|---|---|---|
| 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 Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. Corner Trader supports 2 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | Corner Trader | Libertex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese |