Comparison of CornerTrader and Saxo
| Feature | CornerTrader | Saxo |
|---|---|---|
| Broker | ||
| Year Founded | 2012 | 1992 |
| Broker Type | STP | DMA |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | FINMA, LPS | Danish FSA, FCA, MAS, FINMA |
| Platforms | Cornèrtrader Invest, Flexibility, Advance | SaxoTraderGO, SaxoTraderPRO, TradingView |
| Spread | ⬊ Low | ⮕ Average |
| Maximum Leverage | 1:50 | 1:30 |
| Minimum Deposit | $1200 | $1 |
| Base Currencies | CHF, EUR, USD, GBP | USD, EUR, GBP, CHF, JPY, AUD, SGD, HKD, DKK, SEK, NOK |
| Funding Methods | Bank Wire, SEPA, Credit/Debit Card | Bank Wire, Credit Card, Debit Card |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✔ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | Esisuisse deposit guarantee | Danish Guarantee Fund, UK FSCS |
| Protection Size | CHF 100000 | DKK 100 000 / £85 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✖ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Forex, Stocks, ETFs, Bonds, Options, Futures, CFDs, ETPs | Currencies, Stocks, ETFs, Bonds, Options, Futures, Commodities, Cryptocurrencies |
| Review | CornerTrader Review | Saxo Review |
About CornerTrader
CornerTrader is the online brokerage arm of Cornèr Bank, giving Swiss and international traders direct access to 20000+ instruments across 22 global exchanges. Regulated by FINMA, the broker caters to active investors through three proprietary platforms (Invest, Flexibility and Advance), competitive Swiss style commissions and multi currency accounts. Maximum leverage is capped at 1:50, while negative balance protection and guaranteed stop-losses are not provided.
Pros
- FINMA‑regulated Swiss bank subsidiary
- 20000+ instruments on 22 exchanges
- Multi‑asset, multi‑currency accounts
- Tiered VIP pricing for active traders
Cons
- High minimum deposit
- No negative balance protection
- Leverage limited to 1:50
About Saxo
Saxo is a Danish multi-asset broker and fully licensed bank offering Direct Market Access across more than 190 FX pairs, 19 000+ equities and thousands of other instruments. Regulated by the Danish FSA, FCA, MAS and FINMA, Saxo provides the award-winning SaxoTraderGO/PRO platforms plus TradingView connectivity. Its Classic account has no minimum deposit, floating FX spreads from 0.9 pips and leverage up to 1:30, while Platinum and VIP tiers unlock tighter pricing and premium service. Traders benefit from segregated client funds, negative-balance protection in the EU, rich analytics and extensive education.
Pros
- Bank-grade regulation (DK FSA, FCA, MAS, FINMA)
- No-minimum Classic account; tight DMA pricing
- 190+ FX pairs and 40 000+ instruments overall
- SaxoTraderGO/PRO plus TradingView integration
- Tiered positive-balance interest on cash
- Extensive research, webinars and market tools
Cons
- High deposits (USD 200k / 1 M) for better Platinum / VIP pricing
- No MetaTrader support
- Islamic swap-free accounts not available
CornerTrader & Saxo Regulation
| Feature | CornerTrader | Saxo |
|---|---|---|
Companies | Cornèr Bank Ltd | Saxo Bank A/S |
Countries | Switzerland, Bahamas | Denmark, United Kingdom, Singapore, Australia, Switzerland, UAE, Hong Kong, Japan, Germany, France |
Regulators | FINMA, LPS | Danish FSA, FCA, MAS, FINMA |
Investor Protection | Esisuisse deposit guarantee | Danish Guarantee Fund, UK FSCS |
Investor Protection Size | CHF 100000 | DKK 100 000 / £85 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | CornerTrader | Saxo |
|---|---|---|
STP Account | ||
| Account Name | CONSISTENCY | — |
| Min Deposit | CHF 1000 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.2 | — |
| Fee | CHF 12 per 1 lot | — |
| Max Leverage | 1:50 | — |
| Stop Out | - | — |
| Margin Call | - | — |
DMA Account | ||
| Account Name | — | Classic |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.9 |
| Fee | — | No |
| Max Leverage | — | 1:30 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | CornerTrader | Saxo |
|---|---|---|
Base currencies | CHF, EUR, USD, GBP | USD, EUR, GBP, CHF, JPY, AUD, SGD, HKD, DKK, SEK, NOK |
Deposit and withdrawal methods | Bank Wire, SEPA, Credit/Debit Card | Bank Wire, Credit Card, Debit Card |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | CornerTrader | Saxo |
|---|---|---|
Trading Platforms | Cornèrtrader Invest, Flexibility, Advance | SaxoTraderGO, SaxoTraderPRO, TradingView |
Execution Speed | 10 ms | 9 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | average |
Trading Assets
| Asset | CornerTrader | Saxo |
|---|---|---|
Currencies | 70 | 190 |
Indices | 30 | 29 |
Stocks | 18000 | 19000 |
Cryptocurrencies | 0 | 20 |
Bonds | 500 | 5000 |
Metals | 10 | 4 |
Energies | 4 | 5 |
Soft Commodities | 5 | 8 |
ETFs | 1000 | 3000 |
Education and Analytics
| Feature | CornerTrader | Saxo |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | CornerTrader | Saxo |
|---|---|---|
Email | info@cornertrader.com | salesCEE@saxobank.com |
Phone | +12423944977 | +4539774113 |
Facebook | ||
LinkedIn | ||
Twitter | — |
Which Broker is Better?
After comparing CornerTrader and Saxo, Saxo comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.