B

Corner Trader

4.1/10

Virtual Brokers

6.4/10
3/10RegulationWinner7/10
0/10FeesTied0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Corner Trader was founded in 1879 and is headquartered in Switzerland, while Virtual Brokers was established in 2008 and is based in Canada. Corner Trader holds licences including Unregulated, while Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC) among others. Corner Trader serves 10,000+ clients worldwide; Virtual Brokers has 10,000+. The minimum deposit is $250 at Corner Trader and $1000 at Virtual Brokers.

Virtual Brokers wins this category
FeatureCorner TraderVirtual Brokers
Min. Deposit$250$1000
RegulationUnregulatedThe Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF)
Founded18792008
CountrySwitzerlandCanada
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Corner Trader and Virtual Brokers, directly affecting your bottom line as a trader. Virtual Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $250 at Corner Trader). Both brokers charge withdrawal fees. Corner Trader applies inactivity fees on dormant accounts; Virtual Brokers does not. Virtual Brokers charges deposit fees; Corner Trader does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureCorner TraderVirtual Brokers
Min. Deposit$250$1000
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Corner Trader offers MT4, MT5, cTrader, while Virtual Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Virtual Brokers supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCorner TraderVirtual Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,Desktop,iPhone/iOSMT4,Desktop,iPhone/iOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Corner Trader and Virtual Brokers compare. Virtual Brokers runs regular live webinars; Corner Trader does not. Virtual Brokers has a video library; Corner Trader does not. Virtual Brokers publishes daily market commentary; Corner Trader does not. Virtual Brokers integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. Virtual Brokers maintains an archive of past webinars for on-demand viewing. Virtual Brokers scores higher overall in education and research.

Virtual Brokers wins this category
FeatureCorner TraderVirtual Brokers
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 Virtual Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCorner TraderVirtual Brokers
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Virtual Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureCorner TraderVirtual Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese