Company Brief:

The confidence of services along with the offerings comes through that the Cornet Trader is a division of Corner Bank Group, one of the most solid bank in Switzerland. Cornèr Bank Ltd is an independent Swiss private bank, and the #1 bank in Switzerland in terms of capital soundness founded in 1952, as confirmed by The Banker’s Top 1000 World Banks ranking for the third consecutive year. The company brings professional services since the history of operation in private banking and payment cards comes from more than 60 years in the market offering for private, commercial and institutional clients.

As Finanz und Wirtschaft and other professionals have acknowledged, the CornerTrader provides great value for investment and offers cost-effective conditions in Switzerland.

Cornèr Bank as a regulated by the FINMA bank is fully complying all operations according to the requirement. The company is the member of Esisuisse depositor protection scheme, which ensures that clients’ deposits at Swiss banks are protected. In accordance with the scheme, Esisuisse members ensure the transfer of required amounts up to CHF 6 billion in the case of the company insolvency and, clients receive fund protection of up to 100,000 CHF.

With the launch of CornèrTrader in 2012, the bank has extended the power of solutions and service into the growing market for online trading. CornèrTrader gives access to the world’s financial markets, backed by a robust suite of flexible functionality, tools and resources. The offering presented through one platform with a world of assets that includes more than 160 Forex classes along with FX Options, thousands of CFDs, ETFs and Stocks from 22 global exchanges, as well with Contract Options and Futures. Equipped to follow any number of trading strategies, clients are backed by personalized service and assistance provided by Account Executives specialized in trading global markets. The broker serves offices additional to the range in Switzerland also in Italy, UK, Slovenia, and Bahamas to provide its attentive customer services.

CornerTrader Review

Trading Platforms and Tools:

The broker’s award-winning platform features capabilities that are designed to maximize impact along with sophisticated tools, access to the world’s markets and smart thinking to inform your trading strategy. The platform packed through an intuitive interface with a strategy building capabilities that are reachable from any devices, desktop, phone or tablet.

Client benefits from aggregated liquidity from Tier-1 banks along with access to over 80 trading venues around the globe through real-time prices, execution and competitive commissions and fees.

All necessary information needed for the successful trading is available through insights with Forex news, charting and analyses, along with oversights to monitor and control margin requirements with access to account overview.

The CornèrTrader platform provides you with the capabilities you need to execute the FX Options Board, which is a unique tool that combines powerful performance with a user friendly interface. You’ll get streaming liquidity, leverage and global access along with the added flexibility that Forex Options provide for trading any market movement.

Markets and Accounts:

The strategy can be as nuanced as the client wants, as CornèrTrader offers a comprehensive range of trading products. To incorporate primary assets and their derivatives, including stocks, CFDs, futures and contract options. Trade Forex spot, Forex options – both Vanilla and Binary – and Forex futures. Includes Cryptocurrencies with Bitcoin and Ethereum trading though commission starting from 0.07% for Pro Traders. Forex trade packed by global reach, intuitive orders tickets and a fluid combination of liquidity and pricing without re-quotes through more than 160 currency crosses and a selection of competitive spreads 0.2 pips for EURCHF and 0.4 for GBPUSD pairs.  As well through low margin requirements of FX tiered margin as 1% on majors and dedicated liquidity. 

To meet the varying needs of individual traders, the broker offers three account types, each of which can be supplemented with a range of additional services and available in EUR, USD, CHF and more. The Demo account with simulated 100,000 CHF is a choice for the beginning too.

– Private Trader account is good for the less experienced traders with the typical price of Spot Forex EURUSD – 5 and SMI CFD 4.5, along with the range of support services from the company. Yet, financial research data will cost additional 10 CHF/ month.

– Capital Trader is a choice of bigger portfolio clients who require dedicated service and optimal prices. Opening requires a deposit of 75,000 CHF and features additional services from the broker like free webinars, market data, etc.

– PRO Trader is account for active, professional traders with high volumes and spreads from 0.2 pips. Enhanced by dedicated management, tailored solutions, free unlimited services and TradersCard that allows enjoying all banking services. (The Private and Capital Account holders can submit the card with an additional cost of 40CHF per year).

Deposits and Withdrawals:

Transaction of funds is performed via the Corner Bank IBAN. CornèrTrade offers exclusively a TradersCard that is linked to the trading account making the client able to withdraw money instantly from any ATM counter. In addition, the broker does not have any minimum standards in terms of first funding.

Conclusion:

CornerTrader review presents a well-regulated Swiss multiasset Bank along with brokerage services, which established a very large portfolio of trading instruments. At CornèrTrader, you’ll find that there’s an attentive value to each client with a prized asset, who’s supported continuously by dedicated service which been proven for more than 60 years of operation in the financial sector. The price strategy might be not the best offer in the market, however it brings a range of the trader’s sizes hence could be a convenient option to choose from. Nevertheless, the company does not require a minimum deposit, which can be a good start for the new ones to the trading. As well as the proprietary platform with technical solutions a tool for better trading conditions. Overall, the client can trade with CornèrTrader knowing that the company making an investment in their relationship with you.

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