CITYCREDIT_CAPITAL

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Advantages:

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Disadvantages:

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About company:

City Credit Capital is an FCA regulated broker headquartered in London. The company was founded in 2001, at a time when the Forex industry was booming thanks to the Internet.

City Credit Capital, or better known as CCC, has gained popularity for its development of unique online services for various investors, from newbies to large institutional clients.

City Credit Capital is primarily engaged in Forex, CFDs, Stocks, Indices, Commodities and Precious Metals, serving all types of traders from all over the world with the exception of 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, thanks to which, in the event of a broker's bankruptcy, traders can receive compensation of up to £ 50,000.

Trading conditions

City Credit Capital offers only two trading account options: Mini and Standart. Accounts differ only in the amount of the initial deposit and the minimum lot size. To open a Mini account, you need to deposit $ 500, to open a Standard account - $ 5,000.

CCC is a market maker that does not provide an ECN account, which is a huge disadvantage for the company.

City Credit Capital spreads are also above the industry averages, with EUR / USD at 3 pips. Many other brokers offer spreads below 2 pips on the same pair.

Leverage up to 1: 100.

Trading platform

City Credit Capital has been in the Forex brokerage industry for over 17 years and has developed their own MarketsTrader trading platform, which is available for PC and mobile.

The MarketsTrader platform is definitely a great trading tool and is only slightly different from the popular MT4 platform. MarketsTrader has an intuitive interface. New clients can also use the City Credit Capital demo account to test the platform using virtual money.

additional services

Traders gain access to City Credit Capital's educational resources such as market research, news, analyst commentary, professional mapping software.

Support service

The broker is focused on providing quality services to its clients, so he is constantly improving the work of the support service. Competent specialists answer traders' questions around the clock via chat, email and phone.

Ways of payment

City Credit Capital offers four different payment methods: bank transfers, credit cards, Neteller and Skrill. Since the broker is regulated by the FCA, so clients go through a lengthy account opening procedure.

Pros:

regulated broker;

Minuses:

limited selection of trading instruments; high initial deposits; does not offer MT4; high fixed spreads.

FAQ - BROKER QUESTIONS CITYCREDIT_CAPITAL

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Can the broker CITYCREDIT_CAPITAL be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. CITYCREDIT_CAPITAL received a rating of 1 out of 5 on our resource.