City Credit Capital Review 2019

City Credit Capital Rated 3/5
City Credit Capital have a low rating. We recommend you look at one of their alternative brokers.
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City Credit Capital Guide

City Credit Capital are an online broker founded in 2001 offering Forex trading.

City Credit Capital are a global broker and have multiple offices around the world including a head office in UK.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of City Credit Capital we break down the pros and cons. What City Credit Capital are able to offer, what countries City Credit Capital are available in. Who City Credit Capital are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with City Credit Capital

  • Regulated by: Financial Conduct Authority (FCA)
  • Headquarters Country : UK
  • Foundation year 2001
  • Min Deposit : 500
  • Used by over 10,000 traders
  • City Credit Capital is not available in the following countries : US
Open City Credit Capital's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to City Credit Capital

With this review we hope to help you see if City Credit Capital is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding City Credit Capital that will help you get off to a good start in the world of online trading.

City Credit Capital Review Table of Contents

City Credit Capital what you should know

City Credit Capital offer one way to trade: Forex.

With City Credit Capital you will need a minimum deposit of $500. You can sign up for a demo account to acquaint yourself with City Credit Capital platform.

City Credit Capital are able to accommodate various levels of traders whether you are experienced or a beginner.


Are City Credit Capital safe?

When choosing a broker like City Credit Capital the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2001, and in operation for 18 years City Credit Capital have a head office in UK.

City Credit Capital is regulated. This means City Credit Capital are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to City Credit Capital, this will be honored. If City Credit Capital violate any regulatory rules their regulated status could be stripped.

Any payments funded to City Credit Capital accounts by traders are held in a segregated bank account.

For added security City Credit Capital use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with City Credit Capital. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit City Credit Capital

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker CCC XTB Pepperstone eToro
Year Established 2001 2002 2010 2006
Head Office UK Poland Australia Cyprus, UK
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ 250,000+ 10,000+ 10,000+
Negative balance protection No Yes Yes No
Guaranteed Stop Loss No Yes No No
Learn More Visit City Credit Capital Visit XTB Visit Pepperstone Visit eToro
Risk Warning Losses can exceed deposits Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

City Credit Capital Pros and Cons

What we like about City Credit Capital

  • Used by over 10,000 traders
  • Established in 2001
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $500

What we don't like about City Credit Capital

City Credit Capital Financial Regulation and Supervision in more detail

We have checked and City Credit Capital is regulated and supervised by reputable organisations. You are able to check every City Credit Capital supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with City Credit Capital. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect City Credit Capital traders and provide a safe trading environment.

City Credit Capital is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as City Credit Capital you should be sure they're legitimate online agent.

City Credit Capital General Fees

  • City Credit Capital doesn't charge withdrawal fees
  • City Credit Capital doesn't charge inactivity fees
  • City Credit Capital doesn't charge deposit fees
Broker CCC XTB Pepperstone eToro
Min Deposit 500 0 200 200
Withdrawl Fees No varies No Yes
Inactivity Fees No No Yes Yes
Deposit Fees No No No No
CFD Commission Fees Yes Yes No

City Credit Capital Commissions

  • City Credit Capital does charge commission on CFD shares.

What can you trade with City Credit Capital?

You can trade a wide variety of instruments with City Credit Capital over 100 instruments infact.

If you are looking at trading currency pairs City Credit Capital offer over 20 currency pairs.

Compare City Credit Capital with XTB and Pepperstone below.

Losses can exceed deposits

Broker CCC XTB Pepperstone eToro
Instruments Available 100 1,500 100 100
Platforms Mac, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies Visit City Credit Capital Visit XTB Visit Pepperstone Visit eToro
Forex pairs offered 20 50 70 50
Major forex pairs Yes Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit City Credit Capital Visit XTB Visit Pepperstone Visit eToro
Commodities Offered 5 21 16 0
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs Visit City Credit Capital Visit XTB Visit Pepperstone Visit eToro
Stocks Offered 0 1696 60 957
UK Shares No Yes No Yes
US Shares No Yes No Yes
German Shares Yes Yes Yes Yes
Japanese Shares No Yes No Yes

Trading on City Credit Capital web platforms and other applications

City Credit Capital offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

An City Credit Capital IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

City Credit Capital also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See CCC's platforms

City Credit Capital Trading benefits :

  • Allows scalping
  • Allows hedging

City Credit Capital Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account

Can I try City Credit Capital before I buy?

City Credit Capital offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do City Credit Capital accept?

City Credit Capital offer the below funding payment methods. learn more about City Credit Capital

  • Credit cards
  • Bank Transfer
  • Neteller
Broker CCC XTB Pepperstone eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes Yes
Neteller Yes Yes Yes Yes

How can I start trading with City Credit Capital?

When opening a trading account with City Credit Capital, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on City Credit Capital trading platforms here.

Performing trades with City Credit Capital

City Credit Capital allow you to execute a minimum of trade of 1 Lot. This may vary depending on the account you open. City Credit Capital allow you to execute a maxium trade of 100,000 Lot.

As a market maker, City Credit Capital may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at City Credit Capital

To trade effectively with City Credit Capital, it's important to get a have a good understanding of the XTB trading tools and the markets.

City Credit Capital offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with City Credit Capital.

Take time to look around the City Credit Capital platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at City Credit Capital

City Credit Capital support a limited number including English

City Credit Capital have a double AA grade support rating because City Credit Capital offer live chat and email support and less than three languages.

Broker CCC XTB Pepperstone eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic English, German, Spanish, French, and Italian
Learn More Visit City Credit Capital Visit XTB Visit Pepperstone Visit eToro
Risk Warning Losses can exceed deposits Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

What you will need to open an account with City Credit Capital

As City Credit Capital is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore City Credit Capital's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with City Credit Capital you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.cccapital.co.uk/ on 12th August 2018.

City Credit Capital Bottom Line

  • City Credit Capital have a good track record of offering Forex.
  • City Credit Capital has a history of over 17 years.
  • City Credit Capital has a reasonable sized client support call center of at least 10.
  • City Credit Capital are regulated by Financial Conduct Authority (FCA). This means City Credit Capital fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • City Credit Capital have regulation from a Tier 1 reputable country.
  • City Credit Capital has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • City Credit Capital have an international presence in multiple countries. This includes local City Credit Capital seminars and training.
  • City Credit Capital are able to hire people from various locations in the world who can better communicate in your local language.

Etoro Risk Disclaimer

Losses can exceed deposits

City Credit Capital not quite right?

Check out these City Credit Capital Alternatives

We have spent years researching the best alternatives to City Credit Capital. Click the links below to learn more.

If you feel some of the above City Credit Capital are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of City Credit Capital alternatives below.

Related City Credit Capital Comparisons

If you would like to see how City Credit Capital stands up against other brokers you can read some of our City Credit Capital comparisons below. We compare side by side some of our top rated City Credit Capital versus comparisons. Read some indepth City Credit Capital VS pages below.

CITY CREDIT CAPITAL Frequently Asked Questions

Can I try City Credit Capital before I buy?

City Credit Capital offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do City Credit Capital accept?

City Credit Capital offer the following funding payment methods accept Credit cards, Bank Transfers, Neteller, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

How can I start trading with City Credit Capital?

When opening a trading account with City Credit Capital, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on City Credit Capital trading platforms here.

Is my money safe with City Credit Capital?

City Credit Capital is regulated by Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like City Credit Capital is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to City Credit Capital, this will be honored. If they violate any regulatory rules their regulated status can be stripped.