Editor’s Verdict
Overview
Review
Headquarters | British Virgin Islands |
|---|---|
Year Established | 2007 |
US Persons Accepted? |
Corsa Capital, often referred to as Corsa Forex, is an online Forex broker that was established in 2007 and is registered in the British Virgin Islands. During this Corsa FX review we took a look at the company’s range of services. If you want to start real time trading on the international Forex market then you simply open an account online and deposit money by the easiest method for you. Customers that choose Corsa Capital as their Forex broker will be able to set the profit and risk limits that will not be exceeded so as to protect their investments properly during their Forex trading.
Corsa Capital Limited provides the new Forex contract specifications that include:
• Minimal deposit of $1 (USD)
• No commission
• No spreads and slippage
• No swaps and roll overs
• Becoming profit from 1-pip price change
• Online economic analytics
• Live support 24/7
Demo Accounts
A Forex demo account is designed so traders can get familiar with the trading systems at Corsa Capital. These accounts have the same functions and features of real trading accounts and allow a risk free trial of skills in currency trading. These way users can learn the main operating principles of working with a trading account. Every new demo account there is a deposit of 10,000 virtual dollars that can be used for trading. The only difference from real trading accounts is the operations of depositing and withdrawing money is not there. Interestingly, during our Corsa Capital review we found that each demo account works for 30 days and then removed from the system. In contrast, most of the top Forex brokers offer unlimited demo accounts so that traders can practice until they feel comfortable investing real money.
Options Trading
With options trading, the trader has the broad potential to determine the actual terms of the transaction that best suits their interests. Option trading is really working with contracts that bring a fixed profit and delimits risks determined by the trader. This is the main advantage to option trading over spot trading. Although options trading is not offered by all Forex brokers, we actually found Corsa Capital’s options trading to be explained in a complicated and confusing manner, rather than the simple way it should be to comfort new traders. For this reason alone, we wouldn’t recommend using Corsa Capital for your options trading.
Trading Platform
