Corsa Capital Review 2023

Corsa Capital has closed. Please see the Brokers List for alternatives.
We do not recommend Corsa Capital. Binary Options are very high risk investments and using an unregulated broker increases risk further.
Please see the Brokers List for alternatives.
2.5
/ 5
Corsa Capital is #21 in our binary options broker rankings.

Corsa Capital is a binary options broker offering a proprietary trading platform.


Demo Account

Bonus Offer

Islamic Account
$1
Proprietary
Binary options
$100 welcome deposit bonus
Skrill, Visa

Binary Trading

Trade binary options with 11 contract types.

Forex Trading

Trade 10 forex pairs with multiple binary options contracts.

Stocks Trading

Trade binary options on stocks and shares.

CFD Trading

Not Available

Crypto Trading

Not Available

Corsa Capital is an online broker providing binary options trading on forex and stocks with 10+ contract types. This review explores the pros and cons of registering with Corsa Capital, including their welcome no deposit bonus, login process, and trading platforms.

Corsa Capital Company Review

Corsa Capital was founded in 2007 by a group of forex professionals. The binary options platform offers its clients straightforward trading propositions. Yet despite the fact 10,000 traders have signed up from multiple countries, the broker is not currently regulated.

Trading Platforms

Although there is a link to a MT5 support forum on the broker’s website, neither the MT4 or MT5 servers are available. Instead, clients have access to two proprietary platforms – the Corsa Capital Web Platform and the desktop Corsa Client Cabinet.

Corsa Capital Web Platform

The proprietary software is available directly from the broker’s website, requiring no download or installation. All 11 binary options orders can be placed in a user-friendly, intuitive way.

However, the charting capability is limited, with only lines, bars and candlesticks. Also, minimal analysis tools and indicators are available.

Corsa Client Cabinet

The desktop-based platform has greater functionality than the web-based trader. There are more account management options, including trading histories and payment options. You can also find the full range of order types and statistical analysis.

The platform can be downloaded from Corsa Capital’s website, though only for Windows computers.

Assets

Corsa Capital offers binary options on 10 forex pairs and stocks. The broker also has a randomly generated index that is open for trading on the weekends, called CRSIDX.

There are 11 straightforward binary option contract types, including intraday, expiry and tick options.

Trading Fees

Corsa Capital is a binary options broker, not a traditional forex broker. This means they do not charge spreads, commissions or overnight swaps. Even though the website has no mention of fees or charges, binary options brokers earn their money by taking a small portion of a contract’s pay-out and through unsuccessful contracts.

Mobile Apps

There is no Corsa Capital trading app. Fortunately, the web platform is accessible from a mobile browser, although it’s less user-friendly than the desktop interface.

Payment Methods

Deposits can be made using Visa and Mastercard payment cards or bank wire transfers. Card payments take up to 24 hours to be processed. The minimum deposit to open a Corsa Capital account is $1.

Withdrawals may be made using the above payment cards, as well as Qiwi wallet and Skrill. E-wallet transactions take up to 5 business days to appear.

Demo Account

Corsa Capital provides a demo account to help traders familiarise themselves with the broker, markets and strategies. These accounts risk none of your own capital, instead they are loaded with $10,000 of virtual money, with all the functions and features of a live account. Demo accounts are open for 30 days after registration.

Welcome Bonuses & Promotions

Corsa Capital offers its clients a $100 deposit welcome bonus. The bonus cannot be withdrawn, though it can be used to supplement your own capital when trading. Coupled with the $1 minimum deposit, this can make trading with Corsa Capital a small investment with large profit potential.

Regulation

Corsa Capital Ltd is not regulated or licensed with any financial services agency or gambling commission. Regulation is particularly important for binary options trading, as many brokers have been proven to be fraudulent or scams. Furthermore, many financial services agencies and countries have banned binary options, claiming it to be more akin to gambling. As a result, we’d recommend caution before registering for an account.

Additional Features

The broker provides clients with a fleshed-out education centre containing glossaries, beginner guides and video tutorials. There’s also an analytics stream with forex news information and financial analysis articles. In addition, the website hosts an economic calendar.

Corsa Capital economic calendar
Corsa Capital economic calendar

Accounts

Corsa Capital does not have multiple account types. Instead, they offer their full range of services, options contracts and educational resources to all clients. This is a shame, as multiple account tiers can benefit high-volume traders through additional support, discounts and features.

Benefits

Reasons to register for a trading account include:

Drawbacks

Downsides to Corsa Capital’s offering include:

Trading Hours

Clients can trade 24/7 at the Corsa Capital corporation. Standard markets can be traded from 00:00 UTC Monday to 20:00 UTC Friday, though the CRSIDX index can be traded on over the weekend.

Customer Support

The Corsa Capital website is available in English and Russian. The broker also offers a call-back service whereby you leave your contact details and queries for them to get back to you. Live customer support is open daily from 07:00 to 16:00 UTC and can be contacted via:

Trader Security

Corsa Capital uses industry-standard cybersecurity measures to protect its clients. All data traffic is encrypted using Single Sockets Layer (SSL) encryptions and the broker also uses firewalls, authentication systems and access control mechanisms.

Corsa Capital Verdict

Corsa Capital offers a well-rounded binary options trading service, with multiple markets and contract types. There is 24/7 trading and a minimum deposit of just $1. However, binary options can be risky, and many options brokers have been found to be scams. As such, the lack of regulation for Corsa Capital indicates that it may not be the safest broker. Therefore, we would recommend considering other brokers reviewed on our website first.

Accepted Countries

Corsa Capital accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Corsa Capital from United States.

Payment Methods

Corsa Capital Details

Minimum Trade $0.1
Islamic Account Yes
Mobile Apps No
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
ELWs No
REITs No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Social Trading No
Guaranteed Stop Loss No

Forex Trading Details

GBPUSD Spread None
EURUSD Spread None
EURGBP Spread None
Assets 10

Binary Options Trading Details

Payout Percent Undisclosed
Ladder Options No
Boundary Options No

Compare Corsa Capital

Compare Corsa Capital with similar brokers that accept traders from your location. Among available brokers these are the most similar to Corsa Capital:

  1. OANDA – OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
    Go to OANDA
  2. Webull – Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.
    Go to Webull
  3. Forex.com – Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to Forex.com

Corsa Capital Comparison Table

Compare Corsa Capital With Similar Brokers
Corsa Capital OANDA Webull Forex.com
Rating 2.5 4.5 4.4 4.5
Markets Binary options Forex Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account Yes Yes Yes Yes
Minimum Deposit $1 $0 $0 $100
Minimum Trade $0.1 $0 $5 $1
Regulators CFTC, NFA SEC, FINRA CySEC, IIROC, NFA, CFTC, FCA, CIMA, CIRO
Bonus $100 welcome deposit bonus $5,000 welcome bonus with a deposit of $500 Six free stocks
Education No Yes Yes Yes
Platforms MT4, TradingView, AutoChartist MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:30 EU, 1:200 Global 1:200
Payment Methods 2 12 3 8
Visit Visit Visit Visit
Review Corsa Capital
Review
OANDA
Review
Webull
Review
Forex.com
Review

Compare Trading Instruments

Compare the markets and instruments offered by Corsa Capital and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Corsa Capital Trading Instruments
Corsa Capital OANDA Webull Forex.com
Binary Options Yes No No No
Expiry Times
Ladder Options No No No No
Boundary Options No No No No
CFD No No No Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities No Yes No Yes
Oil No No No Yes
Gold No Yes No Yes
Copper No Yes No No
Silver No Yes No Yes
Corn No Yes No No
Crypto No Yes Yes Yes
Futures No No No Yes
Options No No Yes Yes
ETFs No No Yes No
Bonds No Yes No No
Warrants No No No No
Spreadbetting No No No No
Volatility Index No No No No

Corsa Capital vs Other Brokers

Compare Corsa Capital with any other broker by selecting the other broker below.

Corsa Capital vs

FAQ

Does Corsa Capital offer bonuses?

Clients are offered a welcome bonus by Corsa Capital. Once you register an account and deposit at least $1, Corsa Capital will credit your trading account with $100.

What trading platform does Corsa Capital use?

Corsa Capital does not provide MT4 servers or any other industry-standard platform. Instead, the broker offers its own proprietary desktop and web-based platform.

What is the minimum deposit to open a Corsa Capital account?

All that is required to sign up and login with Corsa Capital is $1.

Can I trade forex with Corsa Capital?

Corsa Capital does offer trading in 10 forex pairs through binary options trading with multiple contract options.

Can I trade with Corsa Capital in Indonesia?

Traders from Indonesia and most other countries can sign up for a live account with Corsa Capital.

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Corsa Capital is a binary options broker offering a proprietary trading platform.