City Credit Capital Review
Headquartered in London, United Kingdom, City Credit Capital is a provider of online trading services to private investors, institutions, banks, and brokerages. As a retail broker, they provide traders with advanced trading platforms for trading multiple financial assets, including forex, metals, indices, commodities, and oil. Traders are provided with a range of useful trading tools, educational resources, as well as a dedicated customer support team to assist traders. The minimum deposit required to start trading is $500.
City Credit Capital Review, Pros & Cons
- Sophisticated trading platforms
- Educational resources & trading tools
- Multiple financial instruments
- Minimum $500 deposit
- No Cryptocurrency funding
- No USA traders
In this detailed City Credit Capital review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
City Credit Capital Overview
Founded in 2001, City Credit Capital is an online financial services provider that was established with a clear vision: to provide partners and clients with an impeccable trading experience. The firm provides customers with 24-hour access to the global financial markets through their proprietary trading platform – MarketsTrader. They offer competitive trading conditions, such as various account types, demo accounts, multiple financial assets, and more.
City Credit Capital Regulation
City Credit Capital (UK) Limited (“CCC”) is authorised and regulated by the Financial Conduct Authority (Reference number: 232015). CCC is registered in England and Wales with the registration number: 4343251.
City Credit Capital Countries
City Credit Capital (UK) Limited does not accept US customers.
Some City Credit Capital features and products mentioned within this City Credit Capital review may not be available to traders from certain countries because of legal restrictions.
City Credit Capital Platforms
The broker provides traders with the MT4 trading platform and an in-house-developed trading platform known as the MarketsTrader.
The MetaTrader 4 is one of the most popular CFD and Forex trading platforms in the world. It provides the necessary tools and indicators for analysing the price dynamics of financial instruments, placing trades, and creating automated trading programs (expert advisors). The platform is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is compatible with Android and iOS devices.
The MarketsTrader is a fully customisable and feature-rich online trading platform. The platform offers a fast, secure, and flexible way to trade today’s markets. Once logged in, customers have 24/7 access to a broad range of liquid financial trading instruments, including foreign exchange, equity indices, precious metals, and commodities. The platform is available in desktop, web, and mobile versions.
City Credit Capital Trading Tools
Traders are provided with several standalone trading tools in addition to the built-in tools in the provided trading platforms. The tools include the Trading Central, Economic Calendar, and more.
City Credit Capital Education
There are a plethora of educational resources on the broker’s website. Some of them include learning articles, trading guides, daily market commentaries, news, and an FAQ section that answers some of the most common questions that traders may have.
City Credit Capital Instruments
City Credit Capital offers the following trading instruments: forex, metals, indices, commodities, oil, and more.
City Credit Capital Accounts & Fees
The broker offers a choice of two live trading accounts: Mini and Standard accounts, with minimum deposit requirements of $500 and $5,000 respectively. A demo account is also provided for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this City Credit Capital review. It is imperative to ensure that you check and understand all of the latest information before you open a City Credit Capital broker account for online trading.
City Credit Capital Support
Clients are provided with a dedicated customer support team who are polite and prompt in response. The Support team is available 24/7 and can be reached via telephone, email, and social media. The broker’s website is available in three different languages to reach a wider audience.
City Credit Capital Deposit & Withdrawal
Traders can deposit and withdraw funds using any of the following payment methods:
- Bank Wire Transfer
- Credit/Debit cards
- Online payment processors — Neteller, and Skrill.
City Credit Capital Account Opening
Traders who are looking to create a live trading account with the broker are required to click on the ‘Account Opening’ tab at the top-right corner of the broker’s website and provide all the details required in the application form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
City Credit Capital Summary
Based in the United Kingdom, City Credit Capital is an award-winning retail broker. They are regulated to provide a global clientele with secure access to several financial markets. Trades are executed via the MT4 and a proprietary trading platform, whilst there are various learning tools and a professional client support team to assist traders. The minimum deposit requirement is $500.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.98% of our retail investor accounts lose money when trading CFDs with City Credit Capital. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.