CORSA FUTURES

CORSA FUTURES Information

CORSA FUTURES is an unregulated 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. 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.

Pros and Cons

Is CORSA FUTURES Legit?

CORSA FUTURES is authorized and regulated by the National Futures Association (NFA) in the United States, with registration number 0561416. But its current status is “Unauthorized”.

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.

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.

CORSA FUTURES Fees

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.

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.

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 al is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

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.