City Credit Capital review
City Credit Capital is a regulated by the FCA broker with main office in London. The company was founded in 2001, when the forex industry began to rapidly develop amid the Internet expansion.
City Credit Capital, also known as CCC, has gained popularity thanks to its development of unique online services for various clients, from beginning traders to large institutional investors.
City Credit Capital mainly deals with currencies, CFDs, stocks, indices, commodities and precious metals, working with clients from around the world, except for the United States. The company has offices in Hong Kong, Brazil, and Chile.
City Credit Capital is regulated by the FCA. In addition, the broker is a member of the FSCS program, which ensures compensation up to 50,000 pounds sterling to every trader in case of bankruptcy of the broker.
City Credit Capital offers only two types of trading accounts: Mini and Standard. Accounts differ only in the amount of the initial deposit and the minimum lot size. To open the Mini account, you need to deposit $500. Initial deposit for the Standard account is $5,000.
CCC is a broker that does not provide ECN accounts, which is a huge disadvantage of the company.
City Credit Capital spreads are also higher than average in the industry: 3 pips for EUR/USD. Many other brokers offer spreads below 2 pips for the same pair.
Leverage is up to 1:100.
City Credit Capital has been working in the forex industry for more than 17 years. The broker developed its own trading platform MarketsTrader, which is available for PCs and mobile devices.
The MarketsTrader platform is certainly an excellent trading tool, as it is slightly different from the popular MT4 platform. MarketsTrader features user-friendly interface. New clients can also use the CCC demo account to test the platform trading virtual money.
Traders have access to City Credit Capital's educational resources, such as market research, news, analyst comments, professional mapping software.
Client support service
The broker is focused on providing high quality services to its clients, so it constantly improves the support service. Experienced specialists consult traders 24/5 via chat, email, and phone.
City Credit Capital offers four different payment methods: bank transfers, bank cards, Neteller, and Skrill. Since the broker is regulated by the FCA, its clients have to go through complex procedure to open an account.
City Credit Capital 2/10 (votes 2191)