Cornertrader Journal

Journal status: live
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Cornertrader Profile
Website
Year
2012
Country
Switzerland
Branches
5
Regulation
FINMA Switzerland
Registration
FINMA Switzerland
Investor protection
Fund protection
Esisuisse
Publicly traded
no
Restricted in
Not serving
х US
Broker type
MM, STP
Dealing book
A+B hybrid book
Tier
Bank
Execution speed
...
LPs total
30
LPs quality
not disclosed
LPs names
not disclosed

Cornertrader Accounts
MM
STP
Minimum Deposit
2000 ₣
75000 ₣
Leverage
50 : 1
50 : 1
Minimum Lot
0.01 lots
0.05 lots
EURUSD spread
4 pips
2.8 pips
Commission
10 $/lotRT
10 $/lotRT
Volume
24 lots
24 lots
Margin Call
100 %
100 %
Stop Out
100 %
100 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire
Base currency
USD, CHF, EUR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 12 months
Update broker

Is Cornertrader safe?

  • Investor protection: Esisuisse
  • Regulation: FINMA Switzerland
  • Registration: FINMA Switzerland
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Cornertrader trusted?

  • Information transparency: high ★★★★★
  • Customer service: not so helpful ★★
  • Cornertrader website: semi-detailed, updated ★★★
  • Cornertrader popularity (by visitor count): low visits ★★

How Cornertrader works



8. Relations between Bank and Client and choice of counterparties

8.1 Depending on the relevant market and the type of Product and/or Transaction, the Bank will act as the Client's commission agent or as a counterparty.

8.2 The Bank will act as commission agent for Transactions on organised markets; the Bank can also act as counterparty, in particular for forex and CFD Transactions and other over-the-counter products.

8.3 The Bank may choose, at its sole discretion, one or more counterparties (such as the foreign financial intermediary to which the Bank has outsourced, in particular, the functioning of the CornèrTrader platform [see section 26]) and the markets for executing Client orders.


How are my funds guaranteed?
All deposits with Cornèrtrader are guaranteed by Esisuisse with up to CHF100,000. Corner Bank is the largest bank in the Canton of Ticino and is one of the TOP 3 most solid banks in Switzerland.



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