City Credit Capital Review

City Credit Capital

City Credit Capital

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  • Leverage: 1:30

  • Regulation: FCA

  • Min. Deposit: 500 US$

  • HQ: UK

  • Platforms: MarketsTrader, MT4

  • Found in: 2001

City Credit Capital Licenses:

City Credit Capital (UK) Limited (“CCC”) - authorized by FCA (UK) registration no. 232015

Top 3 Regulated Forex Brokers

Company Brief:

City Credit Capital or CCC is the UK established brokerage services firm offering online dealing services to retail investors, institutions and White Label solutions. The company specializes on Forex and CFDs trading that are accessed through the proprietary platform – MarketsTrader along with dedicated support from the range of international offices in Hong Kong, Uruguay and Chile.

At CCC, our focus has been on developing a first-class, highly successful, flexible and transparent partnership programme designed to generously compensate Introducing Brokers or White Label Partners for the introduction of business. Through the range of accounts, the traders of any size may join the company profile along with the possibility to access PAMM / MAMM technology and SIPP accounts.

The constant providing of developed technology and tools, however, not the only key factors at the company. CCC developed an ultimate customer support service to every client that includes education for traders of any level, comprehensive research materials with fundamental and technical trading principles, as well the information from the third party providers. The daily commentaries from the market leaders are also remaining on hand, as well as dedicated management to every client with no matter of the trader’s size.

City Credit Capital for a quite long history of operation has received numerous recognitions for their industry achievements from the reputable publications.

Best Forex Execution Broker | UK Forex Award 2012

Best Forex Introducing Partnership Programme | UK Forex Award 2013

Best Forex Execution Broker | UK Forex Award 2016

Best Forex IB Scheme | UK Forex Award 2014

City Credit Capital Review

Licenses and Regulations:

City Credit Capital (UK) is authorized by the FCA that regulated most financial services companies within the UK. The authority set the standards that are mandated to follow, which includes detailed reporting, ensuring the client funds are held in Tier 1 banks and segregated from the company’s funds. That means the client is treated fairly and protected from fraud operations, while the safe environment provided according to the regulatory system. Moreover, as an FCA authorized firm, CCC clients automatically covered by the FSCS (The Financial Service Compensation Scheme) that compensates up to 50,000£ in case of the company insolvency.

Trading Platforms:

The execution policy provides seamless trading with no slippage and no-requotes technology through the range of exclusively licensed platforms designed for rapid speeds and constant stability at any market conditions. Moreover, CCC assists to manage trading risk with a range of order types including market, OCO, limit orders and more.

MarketsTrader offers a professional choice of software along with professional charting and analytic package that include 20 popular technical indicators. The platform is accessible on various devices, through the Web or desktop versions. As well as the platform applications that were optimized for iPhone, iPad and Android devices (iMarkets Trader) so that the trader can access trading “on the go”. In addition, the customizable nature of the platform created own trading layout together with comprehensive tools and features. Furthermore, automatic trading is available through APIs, as well as the one click trading along with the capability to trade directly from charts.

MT4 – however, the traders who feel more comfortable with industry known MT4 platform are able to use this technology too. The platform brings all known features to the traders demand with necessary tools and resources, automated trading programs EAs and various versions suited to every device.

Account Types and Trading Conditions:

CCC designed two account types that present offering to different needs, at the beginning client’ may also apply for the demo trading account in order to train skills or get familiar with the broker’s platform. The Demo account is a 30-day practice interface with access to all platforms and features with 100,000$ virtual money.

Both Live accounts presented with variable leverage, competitive fixed spread and margins to trade Forex, CFDs, Spot Metals and Fractional Pricing. Furthermore, there is no difference between providing services of included features, both bring all ranges of platforms to choose from, with Trading Central Market Researched, Dow Jones News Feed, Professional charting, Daily Market Commentaries and Dedicated Relationship Managers. 

– Mini Account requires 500$ to start with initial FX margin of 100$.

– The standard account designed for all types of traders to fulfill their needs. The initial balance of 5,000$ offers a minimum lot size of 100k and initial margin of 1,000$.

In addition, CCC clients are able to trade SIPP (Self Invested Personal Pension Plan), the UK approved scheme, through the designed account, as a facility for the client-investor with high quality and reliable, fast trade execution.

Payment Methods:

There are many ways how the money can be transferred into CCC live trading account, while options including Bank Transfers, Card Payments and e-wallets Neteller and Skrill. The additional charges will be applied to the value of the transaction with 1.50% for Card Payments, and a 0% fees for Neteller payment. Yet, the Skrill fees may vary according to the type of account whether the account is personal or commercial, while fees are either expressed as a percentage of the transaction or a fixed amount in EUR.

The withdrawals are processed likewise through the submitted request to the customer support at any time. 

Conclusion:

City Credit Capital review is about the UK company, regulated by FCA which complies fully with the necessary requirements to follow. Through the years of successful operation, the broker provides reliable conditions to trade based on fixed spread and constant performance with no matter of the market condition. Even though this strategy may not be applicable to all traders, yet the clients who would like to stand sure about the trading conditions will find this benefit at CCC. While the account balance requirement is rather a small deposit to start.

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