City Credit Capital Review

City Credit Capital is a leading provider of online dealing services to private investors, institutions, banks and brokerages.

Broker: City Credit Capital

Leverage: 1:30

Regulation: FCA

Min. Deposit: 500 US$

HQ: UK

Platforms: MarketsTrader, MT4

Found In: 2001

Website: cccapital.co.uk

City Credit Capital Licences

  • City Credit Capital Limited ("CCC") is authorized by FCA UK, registration number. 232015

What is City Credit Capital?

City Credit Capital, or CCC, is a UK brokerage firm that offers online services to institutional investors and retail investors. It also provides White Label solutions.

CCC has a focus on creating a first-class, highly profitable, flexible, transparent program that generously rewards traders with exclusive opportunities and offers. You can access SIPP accounts and PAMM/MAMM technology through the accounts.

Overview

Founded in 2001, City Credit Capital (CCC) is a world leader in retail derivatives trading, offering online dealing services to private investors, institutions, banks and brokerages. Specialising in Foreign Exchange (Forex) and Contracts for Difference (CFDs), clients are given 24 hour access to the global financial markets through the company’s proprietary trading platform - MarketsTrader.

Pros

  • Great research tools

  • MT4 platform

  • Segregates client funds

  • Regulated by FCA

Cons

  • Limited selection of trading instruments

  • High minimal deposit

  • Inactivity Fee

  • No support 24/7

Rating of the company overall

  • Reliability ⭐⭐⭐⭐

  • Platform ⭐⭐⭐⭐

  • Commissions ⭐⭐⭐

  • Support ⭐⭐⭐

  • Financial instruments ⭐⭐⭐

RATING: 3.2


Specifications

Awards

City Credit Capital has been in operation for many years and has been awarded numerous industry recognitions by reputable publications, which further confirm their excellence.

Is City Credit Capital a safe or a fraud?

CCC isn't a fraud. It offers low-risk Forex trading because of its top-tier regulation.

City Credit Capital (UK), is authorized by FCA brokerage, which regulates the majority of UK financial service companies and is one of the most senior authorities in the world. Learn more about FCA regulation.

This authority established the standards to be followed under any circumctances. It includes detailed reporting and ensuring that client funds are kept in Tier 1 banks. This means that clients are treated fairly and protected from fraud operations. The regulatory system provides a safe environment.

Additionally, CCC clients are automatically covered by the FSCS (The Financial Service Compensation Schem) which compensates up to 50,000PS in the event of a company's insolvency.

Leverage

You were also offered the power tool leverage while trading with City Credit Capital. This may increase your potential gains due to its ability to add to multiple accounts balances. However, it is important to learn how leverage works. Leverage can increase your risk of losing money and may be a different feature in different instruments.

The City Credit Capital leverage levels are dependent on the instrument traded and the regulatory restrictions.

  • FCA requires retail traders to use a lower leverage level. is the limit for major currencies; HTML20 for minor currencies and for commodities

Types of accounts

CCC created two account types that offer different features. Beginners traders can apply for the demo trading accounts to learn the platform and practice their skills. Demo accounts are a 30-day practice account that allows you to access all platforms and features, as well as 100,000$ virtual currency.

Fees

Both Standard and Live accounts present variable leverage, competitive fixed Spread, and the ability to switch to variable spread, if needed, to trade Forex and CFDs. There is no difference in the services offered by both accounts. Both offer all options, with Trading Central Market Researched and Dow Jones News Feed.

Spreads

City Credit Capital spreads primarily based on a fixed base, as an illustration, you can refer to the table below.

City Credit Capital overnight charge

Consider City Credit Capital rollover and overnight fee as costs. These charges are charged for positions that are held for more than one day. You can check the platform to see which instrument has an overnight position condition.

Payment Methods

To make trading live, there are many options for how money can be transferred to CCC trading account. These include Bank Transfers, Card payments, and ewallets Neteller and Skrill.

Minimum Deposit

City Credit Capital Minimum Deposit for Mini Account is $500. The amount depends on the type of account you choose.

City Credit Capital Minimum Deposit vs Other Brokers

Withdrawals

City Credit Capital may charge a deposit fee. These fees are added to the transaction's value and are 1.50% for Card Payments. 0% for Neteller payments. Skrill fees can vary depending on the type of account. Fees are expressed in either a percentage of the transaction, or a fixed amount of EUR for CCC withdrawals.

Trade Platforms

With the exclusive licensing of platforms, seamless trading is possible with no slippage or requotes technology. CCC helps to manage trading risk by offering a range of order types, including limit, OCO and market orders.

City Credit Capital is a mainstay on two platforms, MT4 Broker and MarketsTrader. MarketsTrader offers a professional selection of software, along with powerful charting tools and analytic packages that include 20 most popular technical indicators and which can be accessed on different devices through the Web and desktop versions.

Platform applications have been optimized for iPhone, iPad, and Android devices (iMarkets Trader), so you can trade "on-the-go". Automatic trading is also available via APIs. This includes one-click trading and the ability to trade directly from charts.

CCC is still an option for traders who prefer the well-known platform. You can also use this technology. It offers all the features traders need, including automated trading programs EAs, tools and resources. There are also various versions that work for every device.

Support for Customers

CCC's constant advancement of technology and tools is not the only factor that makes the company successful. CCC also developed an ultimate client support service attentive for every client. This includes education and research materials with basic and technical trading principles as well as trading information obtained from third-party providers.

Market leaders provide daily commentary and dedicated management for all clients, regardless of their size.

Conclusion

City Credit Capital review is a reliable broker that is FCA-regulated and offers great trading opportunities. The broker has proven its reliability over the years by offering trading conditions based on a fixed spread and consistent performance, regardless of market conditions. CCC offers this benefit to clients, even though it may not be suitable for all traders. Traders of all sizes can engage in trading with relative ease, even though the account balance requirement is a relatively small one.