CCI Traders offers clients three options of trading accounts: CCI ECN Mini, CCI ECN Premium and CCI ECN Institutional accounts, as well as three different account levels (Retail, Professional, and Institutional) with increasing minimum deposits and different conditions.
CCI Traders at a glanse
| ✅ Institutional Account | ✅ Professional Account | ✅ Retail Account |
| 💰 Minimum Deposit $100,000/R 1 600 000 | 💰 Minimum Deposit $10,000/R160 000 | 💰 Minimum Deposit $50/R 800 |
| 👍 Access to all instrument | 👍 Access to all instrument | 👍 Access to Major Instrument |
| 📈 Up to 1.100 Leverage | 📈 Up to 1.200 Leverage | 📈 Up to 1.500 Leverage |
| 📍 No Swap | 📍 No Swap | 📍 No Swap |
| 📊 Fix Spread | 🌐 Negetive balance protection. | 📊 Fix Spread |
| 🌐 Negetive balance protection | 🌐 Negetive balance protection. |
Overall Rating
4.7/5
Rated #225 of
Recommended FX Brokers
Minimum DepositUSD 50
RegulatorsFSC, FSA
MetaTrader 5
Yes
📈 Total Pairs
50+
Islamic AccountYes
Trading FeesLow
24 Hours
Choose your quick section of our CCI Traders Account Types below.
CCI Traders Account types – 8 key points quick overview:
CCI Traders Overview- CCI Traders Account Types
- CCI Traders Account Features
- CCI Traders Demo Account
- CCI Traders Islamic Account
- CCI Traders Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the CCI Traders Account types as well as the treading features and benefits offered for each account.
CCI Traders Overview
CCI Traders is a forex broker company with headquarters in St. Vincent and The Grenadines. CCI Traders was established in 2008 and obtained a brokerage licence in 2019. It provides training services worldwide and trading on commodities such as metals and energy, major global indices, currencies and several CFD products.
CCI Trading Ltd. is registered in St. Vincent & The Grenadines under FSA while another subsidiary is authorised and regulated by the Financial Services Commission (FSC) in Mauritius. CCI Traders however offers clients an insurance cover of up to $1 000 000 against errors, frauds, embezzlement, negligence, and hacking.
Although it is a global broker, clients are mainly from the Middle East, Africa, and Asia with some from other countries. CCI Traders was one of the first brokers that did away with swap charges for all categories of clientele, therefore it does not offer a specific account for Islamic traders, but Islamic traders can make use of the broker’s services without contravening Shariah Law.
CCI Traders also does not charge a commission on any of its products. It guarantees fund segregation, offers low spreads, low minimum deposits, high leverage, negative balance protection, and direct market execution with ECN trading facilities.
Retail clients only need a minimum deposit of $50 and funding methods include debit/credit cards, eWallets and Bitcoin, with all deposits processed instantly. CCI Traders offers a 50% bonus on a first deposit.
CCI Traders Account Types
CCI Traders offers clients three options of trading accounts: CCI ECN Mini, CCI ECN Premium and CCI ECN Institutional accounts, as well as three different account levels (Retail, Professional, and Institutional) with increasing minimum deposits and different conditions. Since CCI Traders did away with swap charges for all categories of clientele, it offers the same accounts for Islamic traders.
CCI Traders Account Features
Accounts usually differ in the way spreads or commissions are applied, what minimum deposit is needed to open that type of account and certain services or advantages that account holders may get access to.
Key features of CCI Traders’ accounts include the following:
Access to all popular trading instruments
Offers negative balance protection
Zero swaps are charges
Direct market execution of trades
The main differences can be found in the minimum deposits, trading platform, spreads and leverage allowed. Traders on the ECN Mini, Premium, or Institutional accounts execute trades from MetaTrader 5, while clients with CCI Standard accounts can access CCI Trader’s proprietary offering, the ‘XOH Trader’.
Retail Account:
The retail account is the basic account and requires a minimum deposit of $50. It allows traders a 1:500 leverage and has fixed spreads. The account gives access to major instruments, there are no swaps charged for the account and negative balance protection is provided.
Professional Account:
The professional account requires a minimum initial deposit of $10 000 but offers some improved trading conditions. Traders get access to all of the assets offered by CCI Traders, but the leverage allowed is lowered to 200:1. No swaps are charged, and negative balance protection is provided on accounts. The professional trading account comes with variable spreads based on the instrument traded.
Institutional Account:
The Institutional account requires a minimum initial deposit of $100 000 and gives access to all available assets, but leverage drops further to 100:1. This account also has no swaps, negative balance protection is provided, and spreads are fixed.
Multiple Account Management (MAM) services:
The broker offers a MAM system for fund managers to manage their clients account on one interface.
CCI Traders Demo Account
CCI Traders offers traders the option of a Demo Account to be utilised in several ways, including the following:
A practice account for new traders to improve their trading skills in a risk-free environment with virtual funds.
Traders who want to evaluate and compare brokers and want to explore CCI Traders’ trading conditions risk-free.
Traders who want to test new trading strategies in an imitated live trading environment without risking their capital.
CCI Traders’ demo account sign-up can be done quickly and easily on CCI Traders website and demo trading can commence once the trader has downloaded and installed the trading platform of choice.
CCI Traders Islamic Account
CCI Traders does not charge swap charges for anyone of its accounts therefore it does not offer a specific account just for Islamic traders. The purpose of an Islamic Account is that it caters specifically for Muslim traders who strictly follow the Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.
When overnight fees are charged for traders that hold positions open for longer after the trading day has concluded, this type of account allows exemption from such fees, or interest, should they hold positions open for longer.
CCI Traders offers all its account types in a way that Muslim traders who follow the Sharia law can use it to trade. Traders must, however, make sure that there are no other features not indicated on the accounts which may need to be adjusted to comply with Sharia law.
Traders who want to make double sure when registering for an account must contact CCI Traders’ customer support to verify the details of the account.
Overall Rating
4.7/5
Rated #225 of
Recommended FX Brokers
Minimum DepositUSD 50
RegulatorsFSC, FSA
MetaTrader 5
Yes
📈 Total Pairs
50+
Islamic AccountYes
Trading FeesLow
24 Hours
CCI Traders Pros and Cons
| ✔️ Pros | ❌ Cons |
| Commission-free trading | Not properly regulated |
| High leverage allowed | US Clients not accepted |
| Low minimum deposits | Website lacks some information |
| Low spreads offered | |
| Negative balance protection offered | |
| Proprietary trading platform offered | |
| Segregated client funds used |
Conclusion
CCI Traders offers clients three options of trading accounts: CCI ECN Mini, CCI ECN Premium and CCI ECN Institutional accounts, as well as three different account levels (Retail, Professional, and Institutional) with increasing minimum deposits and different conditions.
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Frequently Asked Questions
Trading environment
How many instruments can I trade with CCI Traders?
You can trade several different instruments with CCI Traders, which include the following:
- Forex
- Major Indices
- CFDs
- Precious Metals
- Oil
- Commodities
- CFD Stocks
Which platforms are supported by CCI Traders?
CCI Traders provides the MetaTrader 5 platform and the proprietary XOH platform.
Does CCI Traders offer leverage?
Yes, CCI Traders offers a maximum leverage of up to 1: 500.
What spreads can I expect with CCI Traders?
Spreads start from 0.1 pips on EUR/USD. CCI Traders offers different spreads on its various accounts. The spreads and leverage offered by CCI Traders directly relate to the account type.
Does CCI Traders charge commission?
No.
Are there additional charges on the Islamic account?
No, all the accounts have the same features.
Is CCI Traders regulated and by whom?
CCI Traders is registered in St. Vincent & The Grenadines under FSA and the FSC in Mauritius.
Is CCI Traders a recommended forex trading broker for experts and beginners?
CCI Traders offers a fair-trading environment for most types of traders.
What is the overall rating out of 10 for CCI Traders?
7/10.
Accounts
What is the difference between a demo and live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does CCI Traders offer a demo account?
Yes.
For how long is the demo account valid?
Not indicated on website.
Does CCI Traders offer the option of an Islamic Account?
CCI Traders is one of the first brokers in the industry to do away with swap charges for all categories, hence Muslim traders can use any of the account types.
Which live trading accounts does CCI Traders offer?
- Retail Account
- Professional Account
- Institutional Account
- Multiple Account Management (MAM) services
- No separate Islamic account since all accounts are swap free.
What are the available deposit currencies for a live trading account?
USD.
Deposits and withdrawals
What is the minimum deposit for CCI Traders?
$50.
How do I make a deposit and withdrawal with CCI Traders?
CCI Traders offers the following deposit and withdrawal methods:
- Wire Transfer
- Visa
- MasterCard
- Bank guarantee
- BTC
- E-Payment
The same method that was used to fund an account must normally be used to withdraw and monies will usually only be refunded to accounts in the same name as the trading account.
Does CCI Traders charge withdrawal fees?
No.
How long does it take to make a withdrawal?
Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days to be available.
