Corner Trader
Xtrade
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Overview
Corner Trader was founded in 1879 and is headquartered in Switzerland, while Xtrade was established in 2003 and is based in Australia. Corner Trader holds licences including Unregulated, while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Corner Trader serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $250 at Corner Trader and $1 at Xtrade.
| Feature | Corner Trader | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1879 | 2003 |
| Country | Switzerland | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Corner Trader and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while Xtrade does not, a notable advantage for frequent withdrawers. Corner Trader applies inactivity fees on dormant accounts; Xtrade does not. Xtrade charges deposit fees; Corner Trader does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | Corner Trader | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Corner Trader offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Corner Trader | Xtrade |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Corner Trader and Xtrade compare. The two brokers are evenly matched on educational content.
| Feature | Corner Trader | Xtrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Corner Trader uniquely supports bank transfer and credit/debit card among the two brokers. Corner Trader scores higher on deposit and withdrawal flexibility.
| Feature | Corner Trader | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
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 Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Corner Trader offers multilingual support. Both brokers are comparable on support quality.
| Feature | Corner Trader | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |