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Tier1FX vs Corner Trader
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Tier1FX currently holds a stronger overall rating (3.7) than Corner Trader (3).
Tier1FX has a higher minimum deposit than Corner Trader, at 500.0.
Both platforms offer their clients demo accounts, mobile trading, scalping, MAM/PAMM.
Traders should note that
Tier1FX offers a minimum lot size of 0.01 and a maximum lot size of 50.0, while Corner Trader offers 5000.0 and 5.0E7.
Tier1FX offers a lower maximum leverage of 1:30, whereas Corner Trader allows trading with up to 1:200.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 500.0 | 1.0 |
| Commission | 5.0 | 4.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 5000.0 |
| Maximum lot size | 50.0 | 5.0E7 |
| Spread | - | Variable |
| Broker type | STP, ECN, DMA | Dealing Desk |
| Maximal leverage (1:?) | 30 | 200 |
| Availability | STP, ECN, DMA | Dealing Desk |
| Regulation | MFSA (Malta) | FINMA (Switzerland) |
| Trading Platforms | MetaTrader 4 (MT4), JForex, Fortex 6 | xCFD |
| Funding/Withdrawal methods | Wire Transfer, Neteller | Wire Transfer, Credit Card, Cash |
| Account Currency | USD, GBP, EUR | USD, GBP, EUR, CHF, JPY, NZD, CAD, DKK, PLN, ILS, ZAR, AUD, HUF, RUB |
| Languages | English, Spanish, Italian, Chinese, Croatian | English, Spanish, French, German, Italian, Greek, Russian |
| Country | Malta | Switzerland |
| Trading platform(s) timezone | Malta | Switzerland |
| Other trading instruments | Commodities, Energies, CFDs | Stocks, Options, Futures, Indices, Commodities, Energies, Shares, CFDs |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
