Established in 2012, Cornertrader is an online financial services provider that operates as a subsidiary of Corner Bank Limited, a bank that is headquartered in Switzerland. The broker gives traders access to trade multiple financial instruments across different asset classes, including forex, CFDs, stocks, commodities, options, cryptocurrency, funds, as well as stock options and bonds, using an in-house-developed trading platform. They operate the STP/ECN execution model, which ensures transparency in trade executions. Traders benefit from a selection of trading tools and educational resources, while a client support team is on standby to assist them. There is a choice of different trading accounts with the least deposit requirement of just $1, whilst zero commission is charged on trades.
Cornertrader Review Introduction
In this Cornertrader review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Cornertrader.
Cornertrader Platforms & Tools
The broker provides both traders and investors with the Cornertrader trading platform. It is a proprietary trading platform that is available as a desktop application for Windows and Mac computers; WebTrader that can run directly on Chrome, Safari, Firefox, Edge, and other modern web browsers; and a mobile that is designed for smartphones running on Android and iOS systems. The Cornertrader trading platform comes in three variations as follows: Invest platform, FLEXibility platform, and the Advance trading platform, which is best suited for experienced traders, brokers, and investors.
Cornertrader provides traders with some useful trading tools to make sure they get the best out of their trades. These include trading signals, multi-asset managers, exchange rates, and more.
Cornertrader Research & Education
The broker’s website contains several educational resources to enhance clients’ knowledge of the financial markets. They include video tutorials, seminars, and an FAQ section that answers most of the common questions that traders have.
Cornertrader Trading Accounts
The broker offers a choice of different trading account types. They are designed to meet the individual trading needs of clients. The account types include Private, Capital, and Pro or VIP accounts. There is also a demo account that helps beginners to get familiar with the broker’s platforms and practise risk-free trading using virtual funds. The live trading accounts require an initial deposit of just $1 to begin trading.
Cornertrader Account Funding
For account deposit and withdrawal purposes, clients are provided with a TradersCard, which is linked to their bank accounts.
Cornertrader Customer Service
The broker’s customer support team is available during working days: Monday to Friday from 8 am to 6:30 pm. They can be contacted via telephone and Live Chat.
Cornertrader is registered as a bank in Switzerland and is regulated by FINMA. FINMA is the regulatory authority that supervises financial brokerage services in Switzerland.
Cornertrader Review Summary
Overall, Cornertrader is an online trading platform operated by a Swiss bank, Corner Bank Limited. The broker provides traders from around the world with the opportunity to trade in the financial markets using a proprietary trading platform that is available in desktop, web, and mobile versions. They offer several trading and learning tools and also provide a responsive client support team to aid the traders. There are several trading accounts types to choose from, and they offer fixed spreads and leverage of up to 1:20 whilst charging zero commissions on trades. The broker is regulated by FINMA in Switzerland.
It is worth mentioning that some of the trading products and services in this Cornertrader review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Cornertrader broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.