Cornertrader Review

Rana Adnan | September 22, 2020

Based in Switzerland, Cornertrader is a bank that started offering online trading services in 2012. The broker offers forex, CFDs, stocks, commodities, options, cryptocurrency, funds, as well as stock options and bonds. There are different account types to suit the needs of different clientele.

Broker Pros / Cons
  • A range of trading & learning resources
  • A wide variety of trading products
  • Flexible trading platforms
  • Limited deposit & withdrawal methods
  • No MetaTrader platforms
  • Spread is fixed & not the lowest
  • No USA clients
  • No live chat support

Summary

Founded in 2012, Cornèrtrader is a trading platform of Cornèr Bank Ltd, a bank in Switzerland. They offer a wide variety of trading instruments for online trading using its proprietary trading platform that is available on multiple devices. Traders are also provided with educational resources as well as a client support team to assist them.

Regulation

Cornertrader is registered as a bank in Switzerland and is regulated by FINMA, the Swiss regulatory authority that supervises financial brokerage services.

Traders from different parts of the world can open a trading account with the broker if their countries of residence permit online trading with international brokers.

Platforms

Cornertrader provides traders with the Cornertrader trading platforms for both traders and investors. It comes in three variations, namely: Invest platform, which is specifically designed for investors and has cross-device functionalities to enable you to access your investments wherever you are; FLEXibility platform that is best suited for traders and investors who are looking for an easy-to-use platform or are often on the move; and the Advance trading platform, a multifunctional trading platform that is ideal for experienced traders, brokers, and investors. The platforms are available on the desktop, web, and mobile versions.

Cornertrader Trading Platform

Cornertrader Trading Platform

Tools

The broker provides traders with a range of trading tools that help to ensure a hitch-free trading process, and they include trading signals, multi-asset managers, exchange rates, and more.

Education

There is a good selection of educational materials on the broker’s website, including video tutorials, seminars, webinars, and an FAQ section.

Cornertrader Video Tutorials

Cornertrader Video Tutorials

Markets

Cornertrader offers the following trading products: Forex, CFDs, stocks, commodities, options, cryptocurrency, funds, stock options, and bonds.

Cornertrader Instruments

Cornertrader Instruments

Accounts

Cornertarder offers several trading account options to ensure traders get a customized trading experience. They include Private, Capital, and Pro or VIP accounts. Demo accounts are also provided for practice purposes.

Support

Cornertrader offers a knowledgeable client support team that can be reached during working days: Monday to Friday from 8 am to 6:30 pm via telephone and Live Chat.

Funding

The broker exclusively gives traders access to use a TradersCard linked to their bank accounts for deposits and withdrawals.

Signup

To open an account, click on the ‘Open account’ button and properly fill out the registration form, providing all the required documents.

Cornertrader Account Opening Page

Cornertrader Account Opening Page

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

Cornertrader is a retail broker that is built on the core values of transparency, excellent service, and strong solidity. The online brokerage service is a subsidiary of Cornèr Bank Ltd. They provide traders with the right resources and trading environment for trading multiple financial instruments online, and there is a variety of different trading account types available to clients.

Cornertrader Logo

Min $1 Deposit

Based in Switzerland, Cornertrader is a bank that offers online trading of Forex, CFDs, Stocks, Commodities, Options, Cryptocurrency & more.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Rana Adnan
I am an introverted long-distance runner and a Forex trader with more than 7 years of experience. Reminiscences of a stock operator was the first book that changed the whole concept of trading for me.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.

Share

If you like our reviews and find them useful, please feel free to share them on your socials as this can help us to continuously improve the website and for traders to find a suitable broker.