City Credit Capital Review

City Credit Capital

City Credit Capital

  • Leverage: 1:30

  • Regulation: FCA

  • Min. Deposit: $500

  • HQ: UK

  • Platforms: MarketsTrader, MT4

  • Found in: 2001

City Credit Capital Licenses

  • City Credit Capital Limited (“CCC”) - authorized by FCA (UK) registration no. 232015 - no longer active
  • City Credit Capital (Cayman) Limited (“CCC”) - authorized by CIMA (Cayman Islands) reference no 1612590

Top 3 Forex Brokers

  1. City Credit Capital Pros and Cons
  2. Is City Credit Capital Safe or a Scam?
  3. Leverage
  4. Fees
  5. Spread
  6. Deposits and Withdrawals
  7. Trading Platform
  8. Conclusion

Our Review Method

  • 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see trading conditions and give expert opinions about City Credit Capital.

What is City Credit Capital?

City Credit Capital or CCC is a UK-based regulated brokerage service firm offering online dealing services to retail investors, institutions, and even White Label solutions while conducting its service according to the FCA license. The company specializes in Forex and CFDs trading offering a range of market instruments including FX, Equity Indices, Precious Metals, Energies, Commodities, etc.

Based on our research, at CCC traders of any size may join the company profile along with the possibility to access PAMM/MAMM technology, as well as SIPP (Self Invested Personal Pension Plan) accounts.

City Credit Capital Pros and Cons

According to our findings, the broker provides a safe and well-regulated trading environment through the industry-popular Meta Trader and its proprietary trading platforms. Traders have also access to competitive trading solutions, quality research and education, and good customer service. 

For the cons, the trading instruments are limited to Forex and CFDs and there is no 24/7 customer support.

FCA license and overseeingMarket instruments are limited to Forex and CFDs
Competitive trading fees and spreadsNo 24/7 customer support
Safe and secure funds
White Label partnership program
Access to Meta Trader

City Credit Capital official website

City Credit Capital Review Summary in 10 Points
🏢 HeadquartersUK
🗺️ Regulation and LicenseFCA
📉 InstrumentsForex, CFDs, Equity Indices, Precious Metals, Energies, Commodities
🖥 PlatformsMarketsTrader, MT4
💰 EUR/USD Spread3 pips
🎮 Demo AccountAvailable
💰 Base currenciesEUR, USD, GBP
💳 Minimum deposit$500
📚 EducationProvided
☎ Customer Support24/5

Overall City Credit Capital Ranking

With extensive experience in the market and strong regulation, we found the company provides advanced trading solutions at competitive prices to meet the diverse financial needs of both individuals and enterprises at different stages.

  • City Credit Capital Overall Ranking is 8.9 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
RankingCity Credit CapitalKVBHirose Financial
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvantagesSafe Trading EnvironmentTrading ConditionsTrading Fees

City Credit Capital Alternative Brokers

While the firm offers a wide range of trading services at competitive pricing, there are other brokers in the market that offer similar solutions. As a result, we conducted an extensive analysis and created a list of the leading competitors that you may wish to consider.

  • KVB – Good Trading Conditions
  • Hirose Financial –  Competitive Spreads
  • LMAX – Wide Range of Trading Instruments


Actually, City Credit Capital for a quite long history of operation has received numerous recognitions from reputable publications. The screenshot below displays some of the awards that the broker has received.

City Credit Capital Review Awards

Is City Credit Capital Safe or Scam?

No, City Credit Capital is not a scam. It provides low-risk Forex trading due to its top-tier FCA regulation which is among the most elder authorities worldwide.

Is City Credit Capital Legit?

Yes, City Credit Capital is a legit and regulated company.

The brokerage firm’s commitment to meeting strict regulatory requirements ensures that traders who opt to conduct business with them benefit from a secure trading environment.

See our conclusion on City Credit Capital Reliability:

  • Our Ranked City Credit Capital Trust Score is 8.9 out 0f 10 for the good reputation and services provided.
City Credit Capital Strong PointsCity Credit Capital Weak Points
Funds protectionNone
Negative balance protection
Segregated accounts
Regulatory oversight

How Are You Protected?

The authority set the standards that are mandated to follow under any circumstances, which includes detailed reporting, and 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 fraudulent operations, while a safe environment is provided according to the regulatory system.

Moreover, as an FCA-authorized firm, CCC clients are automatically covered by the FSCS (The Financial Service Compensation Scheme) which compensates up to £50,000 in case of the company insolvency.

City Credit Capital Review License


While trading with City Credit Capital you are also offered to use leverage, which may increase your potential gains through its possibility to multiple initial accounts balance. Yet, always learn how to use leverage correctly, as leverage may increase your potential loses as well and is a different feature in various instruments.

City Credit Capital leverage is offered according to FCA regulation:

  • UK traders are eligible to use low leverage up to 1:30 for major currency pairs and 1:10 for Commodities. 

Account Types

We found during our research that CCC has developed two different account types to cover to varying needs. Additionally, novice traders may choose to apply for a Demo account to train their skills or become familiar with the firm’s platform. The demo account provides a 30-day practice interface with access to all platforms and features, with a virtual sum of $100,000 for traders to use.

Fast and easy account openingNone
Account base currencies EUR, USD, GBP
Demo account available

City Credit Capital Review Account Types

How to Open City Credit Capital Live Account?

Opening an account with a broker is quite easy. You should follow the account opening or sign-in page and proceed with the guided steps:

  • Select and Click on the “Open an Account” page
  • Enter the required personal data (Name, email, phone number, etc.)
  • Verify your personal data by upload of documentation (residential proof, ID, etc.)
  • Complete the electronic quiz confirming your trading experience
  • Once your account is activated and proven, follow with the money deposit.

Trading Instruments

According to our test trade, a diverse range of financial investment products are offered to meet the individual needs and requirements of investors. These products include a variety of trading instruments such as Forex, CFDs, Equity Indices, Precious Metals, Energies, and Commodities.

  • City Credit Capital Markets Range Score is 8.5 out of 10 for wide trading instrument selection. On the other hand, many popular asset classes, such as futuresbonds, and options are not available to trade.

City Credit Capital Fees

The company’s fee structure varies depending on the specific type of account and trading instrument being used. Although the broker doesn’t impose commissions or charges for account inactivity, overnight financing fees are applicable for positions that extend beyond the current day.

  • City Credit Capital Fees are ranked low or average with an overall rating of 8.5 out of 10 based on our testing, and compared to over 500 other brokers.

FeesCity Credit Capital FeesKVB FeesHirose Financial Fees
Deposit feeYesNoNo
Withdrawal feeYesYesNo
Inactivity feeLowYesNo
Fee rankingLow/AverageLow/AverageLow


Based on our findings, City Credit Capital primarily uses fixed spreads in its trading solutions, while providing the flexibility to switch to variable spreads when needed. Clients can trade a variety of financial products, such as Forex, CFDs, and Spot Metals. The average spread for the popular EUR/USD currency pair in Forex trading is 3 pips.

  • City Credit Capital Spreads are ranked average with an overall rating of 7.9 out of 10 based on our testing comparison to other brokers. However, the average Forex spread is higher than the industry average.
Asset/ PairCity Credit Capital SpreadKVB SpreadHirose Financial Spread
EUR USD Spread3 pips0.4 pips0.8 pips
Crude Oil WTI Spread 0.013-
Gold Spread0.010.010.01

City Credit Capital Review Spreads

Deposits and Withdrawals

There are many ways how the money can be transferred into the CCC trading account to make your trading live including Bank Transfers, Card Payments, and e-wallets such as Neteller and Skrill.

  • City Credit Capital Funding Methods we ranked good with an overall rating of 8.5 out of 10. Fees are low, and also you can benefit from various account-based currencies.

Here are some good and negative points for City Credit Capital funding methods found:

City Credit Capital AdvantageCity Credit Capital Disadvantage
Fast digital deposits, including Credit/Debit CardsSome deposit and withdrawal fees might be charged
Multiple account base currencies

City Credit Capital Review Funding Methods

City Credit Capital Minimum Deposit

CCC minimum deposit for a Mini account is $500, as we found. Also, the amount is defined by the account type you choose.

City Credit Capital Withdrawals

Our research indicates that the broker might charge some deposit and withdrawal fees, calculated as a percentage of the transaction value. For card payments, the deposit fee is 1.50%, while Neteller payments do not incur any fees. Skrill fees, on the other hand, may vary depending on whether the account is personal or commercial and can be expressed either as a percentage of the transaction or as a fixed amount in EUR for withdrawals from City Credit Capital.

How Withdraw Money from City Credit Capital Step by Step:

  1. Login to your account
  2. Select Withdraw Funds’ in the menu tab
  3. Enter the withdrawn amount
  4. Choose the withdrawal method
  5. Complete the electronic request with necessary requirements
  6. Confirm withdrawal information and Submit
  7. Check the current status of withdrawal through your Dashboard

Trading Platforms

CCC primarily uses two platforms for trading: MetaTrader 4 and the proprietary MarketsTrader platform. According to our findings, City Credit Capital provides seamless trading with no slippage and no-requote technology through a range of exclusively licensed platforms that are designed to be fast and stable under any market conditions. ALso, there is a variety of order types, such as market, OCO, and limit orders, to help manage trading risk which is a good plus.

Trading Tools

MarketsTrader offers a professional choice of software along with a powerful charting and analytic package that include 20 popular technical indicators and is accessible on various devices, through the Web or desktop versions.

Moreover, platform applications are optimized for iPhone, iPad, and Android devices (iMarkets Trader) so that you may access trading “on the go”. In addition, automatic trading is available through APIs, together with one-click trading and the capability to trade directly from charts.

As for the popular MT4, CCC remains this option for traders who feel more comfortable with the industry-known platform so you 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.

  • City Credit Capital Platform is ranked good with an overall rating of 8.9 out of 10 compared to over 500 other brokers. We mark it as good since it offers the popular MT4 professional trading platform.
Trading Platform Comparison to Other Brokers:
PlatformsCity Credit Capital PlatformsKVB PlatformsHirose Financial Platforms
Own PlatformYesYesYes
Mobile AppsYesYesYes

City Credit Capital Review Trading Platform

Customer Support

You can have access to 24/5 customer support through the Phone line, Fax, and Email at CCC. Also, the client support team comprises trading experts who can provide assistance with technical issues, recommendations, general inquiries, and operational issues.

  • Customer Support in City Credit Capital is ranked good with an overall rating of 8 out of 10 based on our testing. We got fast and knowledgeable responses, and also easy to reach during the working days.

See our find and ranking on Customer Service Quality:

Quick responses No 24/7 customer support and live chat
Relevant answers
Availability of phone line and email

City Credit Capital Education

The broker provides a range of educational resources to traders of all levels, as we got from our research. It includes comprehensive research materials covering fundamental and technical trading principles, as well as trading information from third-party providers.

In addition, CCC provides a demo account that allows traders to practice their skills and get accustomed to the broker’s platform before trading with real money.

  • City Credit Capital Education ranked with an overall rating of 7.9 out of 10 based on our research. Overall, CCC’s educational resources can be valuable for traders looking to enhance their trading knowledge and skills. However, the broker does not provide seminars, webinars, etc.

City Credit Capital Review Education

City Credit Capital Review Conclusion

Overall, City Credit Capital is a well-regulated broker with a comprehensive range of trading solutions, including popular foreign exchange products, fixed spreads, and competitive pricing. The broker stands out with its focus on providing a safe and secure trading environment through industry-standard trading platforms and strict regulatory requirements. Furthermore, it offers education and research resources for traders of all levels and supportive customer support.

Overall, CCC is a suitable choice for traders looking for a reliable and competitive broker. However, we advise conducting profound research before choosing City Credit Capital as a trading broker to ensure that it meets your trading needs.

Based on Our findings and Financial Expert Opinions City Credit Capital is Good for:

  • Traders from UK
  • CFD and currency trading
  • Clients who prefer the MT4 trading platform
  • Beginners
  • Advanced traders
  • Professional trading
  • White Label programs
  • Competitive prices
  • Fixed spreads
  • EA/Auto trading
  • PAMM/MAMM technology
  • Good trading tools
  • Supportive customer support

City Credit Capital Update 2023

We found that the broker has moved its operations offshore. Therefore we do not recommend trading with it now, since the broker is only offshore with no additional regulation. If FCA license will be resumed it is good to open accounts under this entity.

FCA License Canceled

No news available.

One response to “City Credit Capital”

  1. I don’t know how this company is allowed to do business in the UK other than no-one has investigated them. It is a complete scam from their proprietary trading platform which is full of “bugs” to deceive customers and misrepresent market data completely right down to their customer service who will reply to you only on the last day .Thanks to assetrec❍veryn❍w .₵❍ was able to get a refund from this company . They use all types of tricks to close your account complete prematurely. COMPLETE SCAM! My mind is blown how this company is being allowed to do business particularly in this economic climate and I pray the FCA and Financial Ombudsman shut them down ASAP before any more people are SCAMMED

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