Corsa Capital-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Corsa Capital was founded in 2007 in Russian, an online broker providing binary options trading on forex and stocks with 10+ contract types. Yet despite the fact 10,000 traders have signed up from multiple countries, the broker is not currently regulated.

Markets Instruments

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.

Minimum Deposit

Corsa Capital does not have multiple account types, and the minimum initial deposit required by this broker is as low as $1. Although this sounds encouraging, given the fact that Corsa Capital is not regulated, traders are not advertised to register real trading accounts here.

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 contracts pay-out and through unsuccessful contracts.

Trading Platform Available

Although there is a link to a MT5 support forum on the brokers 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

Deposit& Withdrawal

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

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:

• Live chat – centre right of the website

• Email – support@corsaforex.com

• Telephone – +7(919) 784-13-97

• Skype – corsaforex.com

• ICQ – 715359090

Trading Hour

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.