City Credit Capital Review for 2019

City Credit Capital Rated 4/5

City Credit Capital Introduction

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.

Open City Credit Capital's Website

As with any investment your capital is at risk, 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 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 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

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

What we like

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

What we don't like

City Credit Capital General Fees

  • City Credit Capital doesn't charge withdrawal fees
  • City Credit Capital doesn't charge inactivity fees

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 Interactive Brokers and XTB below.

FX / Currencies CCC IB XTB
# of forex pairs offered 20 10 50
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes
Exotic forex pairs No Yes
Cryptocurrencies No No Yes
Commodity CFDs City Credit Capital Interactive Brokers XTB
# of commodities offered 5 0
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs City Credit Capital Interactive Brokers XTB
# of Stocks offered 0 1500
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares No Yes Yes
CCC's
Instruments
IB's
Instruments
XTB's
Instruments

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 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

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, but as a guide, City Credit Capital offer margin up to 0.01% on currencies.

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, phone, email support and less than three languages.

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

As City Credit Capital is regulated by Financial Conduct Authority, 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 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 below funding payment methods accept Credit cards, Bank Transfers, Neteller, among other payment methods. Learn more here

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. 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.