Home Forex Brokers Corsa Capital

Corsa Capital

4.7 / 10 Overall Score

Website: https://www.corsaforex.com/
Jurisdiction: Russia
Operating Since: 5-10 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: Corsa Capital Company
Phone: #ERROR!
Email: support@corsaforex.com
Address: —

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# OLIVE MARKETS Company

## Company Overview

OLIVE MARKETS company operates as a forex broker, providing trading services in various financial instruments including forex, commodities, and contracts for difference (CFDs). The company is known for its offerings in the financial markets, aiming to develop trading and investment capabilities across a broad spectrum of securities and derivatives.

Founded in 2005, OLIVE MARKETS has established itself in the financial sector, although it has faced regulatory challenges over the years. The company is formally registered as OLIVE FINANCIAL MARKETS PTY LTD with the Australian Business Number (ABN) 46 145 551 739 and holds the Australian Financial Services License (AFSL) 390906.

The company's headquarters is located in Surfers Paradise, Queensland, Australia, with a focus on the Australian market and potential international outreach.

## Regulation and Compliance

OLIVE MARKETS was initially regulated by the Australian Securities and Investments Commission (ASIC). However, in March 2020, ASIC announced the cancellation of OLIVE MARKETS' AFSL due to regulatory concerns. The company has since appealed this decision, and the Administrative Appeals Tribunal (AAT) granted a stay of ASIC's decision in April 2020, allowing OLIVE MARKETS to continue providing services to existing clients while the appeal is under review.

As of now, OLIVE MARKETS does not hold any active regulatory licenses, which raises concerns regarding its operational legitimacy and client fund protection. The company has not disclosed specific client fund protection policies such as fund segregation or insurance.

## Global Presence and Market Coverage

OLIVE MARKETS primarily serves the Australian market, focusing on forex and derivative trading. While the company has the potential for international reach, its current regulatory status limits its ability to accept new clients. The firm provides trading services for various financial instruments, including over 70 currency pairs, CFDs on commodities, and indices.

## Reputation and Industry Standing

The reputation of OLIVE MARKETS within the forex and financial community appears to be mixed. The company's regulatory challenges have led to a low score on platforms like WikiFX, which indicates a warning to potential clients. The absence of a robust customer service framework, such as live chat support, further detracts from its standing in the industry.

Publicly available reviews suggest that while OLIVE MARKETS offers various trading features, there are significant concerns regarding transparency and operational integrity. The lack of clear information regarding spreads and customer support has contributed to skepticism among traders.

## Summary

In summary, OLIVE MARKETS company is a forex broker with a history of regulatory challenges, particularly concerning its license with ASIC. Although it offers a range of trading services, the absence of active regulation raises questions about its operational integrity and client protection measures. The company’s current focus remains on the Australian market, with an uncertain future as it navigates its regulatory appeal process.

Account Types

# OLIVE MARKETS Account Types

OLIVE MARKETS offers several account types to cater to different trading needs. Below are the details of the available accounts:

### 1. Standard Account
- **Minimum Deposit Requirement:** $100
- **Spreads or Commission Model:** Variable spreads (specific numbers not disclosed)
- **Leverage Limits:** Up to 1:300 for forex trading
- **Trading Instruments Available:** Forex, commodities, stocks, indices, and cryptocurrencies
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** Access to an investment advisor upon signing up

### 2. Silver Account
- **Minimum Deposit Requirement:** Not specified
- **Spreads or Commission Model:** Not specified
- **Leverage Limits:** Not specified
- **Trading Instruments Available:** Not specified
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** Not specified

### 3. Gold Account
- **Minimum Deposit Requirement:** Not specified
- **Spreads or Commission Model:** Not specified
- **Leverage Limits:** Not specified
- **Trading Instruments Available:** Not specified
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** Not specified

### 4. VIP Account
- **Minimum Deposit Requirement:** $10,000
- **Spreads or Commission Model:** Not specified
- **Leverage Limits:** Not specified
- **Trading Instruments Available:** Not specified
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** 20% extra bonus on the initial deposit

# OLIVE MARKETS Broker Account Opening Process

The process to open an account with OLIVE MARKETS is straightforward. Here are the steps involved:

1. **Visit the Account Registration Page:** Navigate to the OLIVE MARKETS website and find the account registration section.
2. **Complete the Registration Form:** Fill out the required personal information, including name, email, and contact details.
3. **KYC/Identity Verification Requirements:** Upload necessary identification documents to complete the Know Your Customer (KYC) process.
4. **Minimum Funding or Deposit Methods:** Fund your account with a minimum deposit of $100 using available methods such as bank transfers or cryptocurrencies.
5. **Approval Time:** Wait for account approval, which is typically processed quickly.
6. **Access Trading Platforms:** Once approved, you can access trading platforms like MetaTrader 4 and WebTrader for trading activities.
7. **Optional Steps for Demo Accounts:** If available, you can opt for a demo account to practice trading strategies without financial risk.

This structured process ensures that traders can start trading efficiently while complying with regulatory requirements.

Deposit & Withdrawal

# OLIVE MARKETS Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## OLIVE MARKETS Minimum Deposit Explained

### Minimum Deposit Amount
The minimum deposit required to start trading with OLIVE MARKETS is **$100**. This amount is standard across various account types offered by the broker.

### Account-Type Comparison
OLIVE MARKETS offers several account types, each with different features but maintaining the same minimum deposit requirement:
- **Silver Account**: Basic features suitable for new traders.
- **Gold Account**: Enhanced features including better spreads and access to more trading tools.
- **VIP Account**: Advanced features and personal account management.

### Regional Differences
While the minimum deposit is generally consistent globally, specific payment methods and their associated fees may vary based on the trader's location.

### Advantages
1. **Low Entry Barrier**: A minimum deposit of $100 is accessible for most traders.
2. **Multiple Account Types**: Allows traders to choose based on their experience and investment goals.
3. **Diverse Payment Methods**: Supports various deposit methods, including cryptocurrencies, enhancing flexibility.
4. **Promotional Offers**: OLIVE MARKETS often provides bonuses on initial deposits, increasing the available trading capital.

### Disadvantages
1. **Limited Customer Support**: Customer service options are limited, which may hinder new traders needing assistance.
2. **Regulatory Concerns**: Although licensed, the broker has faced scrutiny regarding its trustworthiness.
3. **Outdated Interface**: The trading platform may not offer the most user-friendly experience.
4. **Vague Spreads Information**: The lack of clear information on spreads can make it difficult to assess trading costs.

### Competitor Comparison
Compared to other brokers, OLIVE MARKETS’ minimum deposit of $100 is competitive. Many brokers require higher minimum deposits, particularly for accounts with enhanced features. However, some brokers offer more robust customer support and clearer information on fees and spreads.

## OLIVE MARKETS Deposit Methods Comprehensive Guide

### Available Deposit Methods
1. **Bank Transfer**
- **Processing Time**: 2-7 working days
- **Fees**: None charged by OLIVE MARKETS, but banks may impose fees.
- **Availability**: Worldwide
- **Limits**: Minimum $100
- **Pros**: Secure; suitable for large deposits.
- **Cons**: Slower processing time.

2. **Credit/Debit Cards (Visa, Mastercard, AMEX)**
- **Processing Time**: Instant
- **Fees**: None charged by OLIVE MARKETS.
- **Availability**: Worldwide
- **Limits**: Minimum $100
- **Pros**: Quick and convenient.
- **Cons**: May incur fees from card providers.

3. **E-Wallets (e.g., Skrill, Neteller)**
- **Processing Time**: Instant
- **Fees**: None charged by OLIVE MARKETS.
- **Availability**: Worldwide
- **Limits**: Minimum $100
- **Pros**: Fast transactions; good for frequent traders.
- **Cons**: Limited availability in some regions.

4. **Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple)**
- **Processing Time**: Instant
- **Fees**: None charged by OLIVE MARKETS.
- **Availability**: Worldwide
- **Limits**: Minimum $100
- **Pros**: Anonymity; fast transactions.
- **Cons**: Volatility in crypto values.

5. **Local Payment Options**
- **Processing Time**: Varies
- **Fees**: May vary by provider.
- **Availability**: Region-specific
- **Limits**: Minimum $100
- **Pros**: Tailored for local traders.
- **Cons**: Limited to specific regions.

### Supported Currencies and Recommended Methods
OLIVE MARKETS supports multiple currencies, including USD, EUR, and GBP. For the fastest deposits, credit/debit cards and cryptocurrencies are recommended due to their instant processing times.

## OLIVE MARKETS Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log into Your Account**: Access the OLIVE MARKETS platform.
2. **Select Deposit Method**: Choose your preferred payment method from the list.
3. **Enter Deposit Amount**: Input the amount you wish to deposit, ensuring it meets the minimum requirement.
4. **Complete Payment Information**: Fill in the necessary payment details, such as card information or crypto wallet address.
5. **Confirm the Deposit**: Review the details and confirm the transaction.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms. However, mobile users may experience a more streamlined interface, while web users can access more detailed information about each payment method.

### KYC Notes and Common Issues
Before processing deposits, OLIVE MARKETS requires users to complete KYC (Know Your Customer) verification. Common issues include:
- **Incomplete Documentation**: Ensure all required documents are submitted.
- **Payment Method Verification**: Some payment methods may require additional verification.

### Typical Fund Crediting Times
- Credit/Debit Cards and E-Wallets: Instant
- Bank Transfers: 2-7 working days
- Cryptocurrencies: Instant

## OLIVE MARKETS Withdrawal Methods Overview

### Available Withdrawal Channels
1. **Bank Transfer**
- **Processing Time**: 2-7 working days
- **Fees**: None charged by OLIVE MARKETS.
- **Limits**: Minimum $100
- **Pros**: Secure for large amounts.
- **Cons**: Slower compared to other methods.

2. **Credit/Debit Cards**
- **Processing Time**: Within 1 working day
- **Fees**: None charged by OLIVE MARKETS.
- **Limits**: Minimum $100
- **Pros**: Quick processing.
- **Cons**: May incur fees from card providers.

3. **E-Wallets**
- **Processing Time**: Instant
- **Fees**: None charged by OLIVE MARKETS.
- **Limits**: Minimum $100
- **Pros**: Fast and convenient.
- **Cons**: Limited availability in some regions.

4. **Cryptocurrencies**
- **Processing Time**: Instant
- **Fees**: None charged by OLIVE MARKETS.
- **Limits**: Minimum $100
- **Pros**: Anonymity; fast transactions.
- **Cons**: Volatility in crypto values.

### Pros and Cons per Method
- **Bank Transfer**: Secure but slow.
- **Credit/Debit Cards**: Fast but may incur fees.
- **E-Wallets**: Instant but limited in some regions.
- **Cryptocurrencies**: Fast and anonymous but subject to value fluctuations.

### Recommended Options by Cost and Speed
For the fastest and most cost-effective withdrawals, e-wallets and cryptocurrencies are recommended due to their instant processing times and no fees charged by OLIVE MARKETS.

## OLIVE MARKETS Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log into Your Account**: Access your OLIVE MARKETS account.
2. **Select Withdrawal Method**: Choose your preferred withdrawal method from the list.
3. **Enter Withdrawal Amount**: Input the amount you wish to withdraw, ensuring it meets the minimum requirement.
4. **Complete Payment Information**: Fill in the necessary details, such as bank account or e-wallet information.
5. **Confirm the Withdrawal**: Review the details and confirm the transaction.

### ID Verification Requirements
Before processing withdrawals, OLIVE MARKETS requires users to verify their identity. This includes submitting KYC documents such as:
- Government-issued ID
- Proof of address
- Payment method verification

### Expected Fund Arrival Time
- **Bank Transfers**: 2-7 working days
- **Credit/Debit Cards**: Within 1 working day
- **E-Wallets and Cryptocurrencies**: Instant

### Typical Delay Reasons and Fixes
1. **Incomplete KYC Documentation**: Ensure all required documents are submitted.
2. **Bank Processing Times**: Understand that bank transfers may take longer based on the bank's processing times.
3. **Payment Method Issues**: Contact customer support for assistance if issues arise with specific payment methods.

## FAQs – OLIVE MARKETS Deposits & Withdrawals

**What is the minimum deposit for OLIVE MARKETS?** 
The minimum deposit for OLIVE MARKETS is **$100**.

**How long do withdrawals take?** 
Withdrawals can take anywhere from **instant** (for e-wallets and cryptocurrencies) to **2-7 working days** (for bank transfers).

**Are there fees for deposits or withdrawals?** 
OLIVE MARKETS does not charge fees for deposits or withdrawals, but payment providers may impose fees.

**Can the same method be used for both?** 
Yes, the same method can be used for both deposits and withdrawals.

**Are crypto or local methods supported?** 
Yes, OLIVE MARKETS supports cryptocurrency deposits and withdrawals, along with various local payment methods depending on the region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

Corsa Capital

Corsa Capital

Score Breakdown

Company & Contact

In-Depth Broker Review

Subscribe to our Newsletter