Score

1.21 /10
Danger

CORSA FUTURES

Saint Kitts and Nevis

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

United States Common Financial Service License Unauthorized

Suspicious Overrun

High potential risk

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Regulatory Index0.00

Business Index4.72

Risk Management Index0.00

Software Index4.00

License Index0.00

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VPS Standard
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Broker Information

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Company Name

CORSA FUTURES

Company Abbreviation

CORSA FUTURES

Platform registered country and region

Saint Kitts and Nevis

Company website

Company summary

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0561416) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

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CORSA FUTURES · Company summary

CORSA FUTURES Information

CORSA FUTURES is an licensed regulated brokerage company registered in Saint Kitts and Nevis. This firm claims to offer a wide selection of investment options with its advanced cTrader platform. It provides two live trading accounts and a demo account. It provides two live trading accounts and a demo account. However, this firm does not provide managed portfolio services.

And the phone support option is not available, which could be inconvenient for some investors. Furthermore, there is limited information about trading fees on most investments.

CORSA FUTURES Information

Pros and Cons

ProsCons
Wide selection of investment optionsLimited information on trading fees
Advanced trading platforms (cTrader)No managed portfolio services
Multiple account typesThe phone support option is absent
Leverage option available
Swap-Free account available

Is CORSA FUTURES Legit?

CORSA FUTURES is authorized and regulated by the National Futures Association (NFA) in the United States, with registration number 0561416

There any many benefits investing with Corsa Futures and that includes low spread charges, free swap account option, many options to invest, low commission charges and 24/7 support availability.

Is CORSA FUTURES Legit?

What Can I Trade on CORSA FUTURES?

CORSA FUTURES gives you plenty of options for investing. Depending on your goals and risk tolerance, you can invest in:

  • Forex: more than 60 currency pairs and the leverage is up to 1:500.
  • Stocks: 100+ global stocks
  • Indices: 15+ global indices and the leverage is up to 1:200
  • Precious metals: gold, silver and platnium and the leverage is up to 1:400
  • Energies: oil and natural gas and the leverage is up to 1:400
  • Commodities: leverage is up to 1:400, trading soft commodities like cocoa, coffee, cotton, and sugar
  • Cryptocurrencies: margin trading of the leading cryptocurrencies

A couple of things you won't see here are ETFs and bonds. CORSA FUTURES doesn't offer either one. You may see that as a disadvantage if you're interested in trading ETFs or bonds. But if your strategy revolves mostly around forex, stocks, and indices, it may not matter as much.

Tradable InstrumentsSupported
Forex
Stocks
Commodities
Precious Metals
Energies
Cryptocurrencies
Indices
Futures
Bonds
ETFs
Mutual Funds
What Can I Trade on CORSA FUTURES?

Account Types

CORSA FUTURES offers two live trading accounts: Standard and Premium. However according to the information provided on its website, the trading conditions of the two types are exactly the same. The spreads are both from 1.5 pips, which is higher than the industry standard. The minimum deposit of either type is $100. There is no commission for forex trading, as well as deposit and withdrawal. Perhaps regarding other assets such as stocks, commodities, and cryptocurrencies, there are different features or trading fees. However, there is no further information available on its website. You can also open a free demo account with this brokerage.

FeatureStandardPremium
Trading PlatformscTradercTrader
Spreads From1.5 Pips1.5 Pips
Commissions (per lot)$0$0
Minimum Deposit$100 USD$100 USD
Minimum Lot Size0.01 Lot0.01 Lot
Maximum Leverage1:5001:500
Available Account CurrenciesUSDUSD
Funding Fee$0 USD$0 USD
Withdrawal Fee$0$0
Stop Out Level50%50%
Available MarketAll MarketAll Market
EAs
Scalping
News Trading
Islamic AccountSwap-FreeSwap-Free
Account Types

CORSA FUTURES Fees

FeeCost
SpreadsFrom 1.5 pips
Commission (per lot)$0
Swapswap-free
Funding fee$0. Banks may apply their charges for transactions, especially in the case of bank transfers
Withdrawal fee$0. Banks may apply their charges for transactions, especially in the case of bank transfers

CORSA FUTURES is similar to other online brokerages that charge $0 commission for forex and CFDs trading. However, the spread is from 1.5 pips, which is higher than the average of the industry.

Trading Platform

CORSA FUTURES offers cTrader for beginners and seasoned investors. This platform is available for both desktop and mobile users. You can install it on Windows, MAC, IOS, and Android devices. It provides plenty of advanced technical features like 55+ technical indicators, No restrictions on stop/limit levels, Detachable charts & linked charts, Level 2 Depth of Market (DoM), etc. It allows access to all linked accounts through a single login. Besides, cTrader offers commissions slashed to $35 per $1 million traded.

Trading PlatformSupportedAvailable DevicesSuitable for
cTraderWindows, MAC, IOS, AndroidInvestors of all experience levels
MT4
MT5
Trading Platform

Customer Support Options

If there's something you need to do that you can't manage online or through the mobile app, you can try reaching out to CORSA FUTURES's 24/5 customer support. You have multiple choices, including email (support@corsafutures.com), social media channels (Facebook, Twitter, Instagram, etc), and a message box on its website.

Contact OptionsDetails
Phone
Emailsupport@corsafutures.com
Support Ticket System
Online Chat
Social MediaFacebook, Twitter, Instagram, etc
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressSuite 5 Horsfords Business Centre, Long Point Road, Charlestown, Nevis.
Customer Support Options

The Bottom Line

CORSA FUTURES makes it easier to shape your portfolio with its wide selection of investment options. Its advanced trading platform could be a plus for potential investors. However, the lack of transparency about trading fees, limited customer support options, and its unregulated status are obvious barriers for investors. As you compare online brokerages, remember to consider cost, ease of use, and potential risks.

FAQs

Is CORSA FUTURES safe?

CORSA FUTURES is regulated by NFA.

Is CORSA FUTURES good for beginners?

No, potential investors should be aware that this firm has no valid regulatory certificates.

Does CORSA FUTURES offer leveraged trading?Yes, CORSA FUTURES provides a leverage option, which is up to 1:500.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for everyone.

News

ExposureWikiFX Broker Assessment Series | Corsa Futures: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of Corsa Futures, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.

WikiFX
2024-07-29 18:06
WikiFX Broker Assessment Series | Corsa Futures: Is It Trustworthy?

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Zaiton Faizal
0-3months
I’ve had an incredible experience working with Corsa Futures, and I can’t speak highly enough about the expertise and professionalism of Mr. Shiva, my personal advisor. His deep understanding of the markets and personalized approach has made all the difference in helping me navigate complex trading strategies. Mr. Shiva always takes the time to explain things clearly, ensuring I’m fully informed about every decision I make. His attention to detail and commitment to my success have truly set him apart, and I’m grateful for his guidance. With Corsa Futures and Mr. Shiva, I feel confident in my investment journey!
I’ve had an incredible experience working with Corsa Futures, and I can’t speak highly enough about the expertise and professionalism of Mr. Shiva, my personal advisor. His deep understanding of the markets and personalized approach has made all the difference in helping me navigate complex trading strategies. Mr. Shiva always takes the time to explain things clearly, ensuring I’m fully informed about every decision I make. His attention to detail and commitment to my success have truly set him apart, and I’m grateful for his guidance. With Corsa Futures and Mr. Shiva, I feel confident in my investment journey!
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2024-12-27 18:28
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FX2015265390
0-3months
LIARS !! EMPTY PROMISES !! BEING DUPED TO TOP MORE MONEY FOR A GURANTEED REFUND BUT NOTHING !! ESTIMATED LOSS DUE TO TOP UP $USD60,000 IC NUMBER GIVEN BY MR SHIVA DOES NOT EXIST UPON CHECKING WITH THE POLICE !! LETTER OF UNDERTAKING AND OBLIGATIONS FOR REFUND RETURN (refer to picture) DUE TO CAPITAL PROTECTIONS SIGNED BY SHIVA AND JOHN NICHOLAS IS NOT ADHERED BY THEM. I HAVE LOST ALMOST $60,000USD AS FORMED OF TOP UP FOR REFUND
LIARS !! EMPTY PROMISES !! BEING DUPED TO TOP MORE MONEY FOR A GURANTEED REFUND BUT NOTHING !! ESTIMATED LOSS DUE TO TOP UP $USD60,000 IC NUMBER GIVEN BY MR SHIVA DOES NOT EXIST UPON CHECKING WITH THE POLICE !! LETTER OF UNDERTAKING AND OBLIGATIONS FOR REFUND RETURN (refer to picture) DUE TO CAPITAL PROTECTIONS SIGNED BY SHIVA AND JOHN NICHOLAS IS NOT ADHERED BY THEM. I HAVE LOST ALMOST $60,000USD AS FORMED OF TOP UP FOR REFUND
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2024-12-13 19:04
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