City Credit Capital Account Types vary according to what traders require, also known as CCC they offer online dealing services to individuals, institutions, and banks specializing in forex and CFDs. The company offers a proprietary platform called Markets Trader, as well as additional tools and services, such as daily research by Trading Central.
City Credit Capital at a glance
| 🔍 Brokers Name | City Credit Capital |
| 🏛 Headquarters | London, United Kingdom |
| 📅 Year founded | 2001 |
| 📝 Regulating authorities | Financial Conduct Authority (FCA) in the UK |
| 📝 FCA License number: | 232015 |
| 🌐 Countries not accepted for trade | United States |
| 📒 Demo account | Yes |
| 📒 Islamic account | No |
| 📒 Institutional account | Yes |
| 💻 Managed accounts | Yes |
| 📊 Maximum leverage | 1:30 |
| 💰 Minimum deposit | $500 |
| 💰 ZAR | R 7 500ZAR |
| 💳 Deposit options Withdrawal options | Credit cards, Bank Transfer, Neteller |
| 📉 Platforms provided | MarketsTrader, MT4 |
| 📲 OS compatibility | Desktop, Web, iPhone, iPad, and Android |
| 📉 Tradeable assets offered | Forex, CFDs on indices, Precious metals, and Commodities |
| 🌐 Languages supported on website | English, Chinese, Russian, Spanish |
| 🌐 Customer support languages | English, Chinese, Russian, |
| ⏱ Customer service hours | Twenty four hours a day/ seven days a week |
Min Deposit
USD 500
Regulators
FCA
Trading Platform
MT4, MarketsTrader
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
City Credit Capital Account Types Revealed – A Key 10-Point Quick Overview
- ✅City Credit Capital Overview
- ✅City Credit Capital Account Types
- ✅City Credit Capital Account Features
- City Credit Capital Demo Account
- Islamic Account
- How to open a City Credit Capital account
- Customer Reviews
- City Credit Capital Pros and Cons
- Conclusion
- Frequently Asked Questions
City Credit Capital Overview
City Credit Capital (CCC) is a forex broker company in the United Kingdom. The company was founded in 2001 and is headquartered in London, with offices also in Hong Kong, Chile, and Mexico. The group is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. Clients are also automatically protected by the Financial Services Compensation Scheme (FSCS), for up to a maximum of £85,000 if the company ceases trading.
City Credit Capital offers online dealing services to individuals, institutions, and banks specializing in forex and CFDs. The company offers a proprietary platform called Markets Trader, as well as additional tools and services, such as daily research by Trading Central. With two decades of experience, the company has been in operation through all the major market changes since online Forex took off and by expanding to Brazil, Chile, Hong Kong, and South America it attracted clients of all types from all over the world.
City Credit Capital offers currencies, precious metals, indices, equities, and commodities, but specializes in Forex and CFDs trading. Traders of any size can join the company to enjoy access to features like Percentage Allocation Management Module (PAMM) and Multi-Account Manager (MAM) technology and Self-invested personal pensions (SIPP) accounts.
The company offers its services worldwide in languages that include Chinese, English, and Russian and has accumulated several awards during its years of service to traders.
City Credit Capital Account Types
City Credit Capital offers the following account types:
| Account Types | 🌐 Mini Account | 🌐 Standard Account |
| 💳 Minimum Deposit | $500 | $5000 |
| 💳 ZAR | R7 500 ZAR | R75000 ZAR |
| 📉 Min lot size | 10,000 | 100,000 |
City Credit Capital Account Features
All other features are identical for both City Credit Capital accounts, including Trading Central market research, the Dow Jones news feed, professional charting tools, 24-hour customer service, daily market commentary, and a dedicated relationship manager. Limitations of trading with City Credit Capital include the high minimum initial deposit of $500/R7 500 ZAR (at the time of writing) and the fact that no Bitcoin trading is available.
Traders can also enjoy other advantages when opening an account with City Credit Capital, including the following:
| City Credit Capital | |
| Account Types | 🌐 Mini Account |
| 🌐 Standard Account | |
| 📌 Account Features: | MT4 and Markets Trader as trading platforms |
| Commission-free trading | |
| The use of a 30-day demo account | |
| FCA regulation |
Demo Account
Traders may apply for a demo trading account to hone their skills or get familiar with the broker’s platform. The demo account is a practice account loaded with $100 000 virtual money and access to all platforms and features. It can be used for 30 days.
| Account Type: | 🌐 Demo Account |
| 📌 Account Features: | 30 Day Practice Account |
| 24 Hour Live Buy & Sell Prices | |
| $100 000 Virtual Money | |
| Demo Desktop, Web and Mobile Platform | |
| Access to Full Features and Functions |
Islamic Account
City Credit Capital does not offer traders who follow Sharia law the option of an Islamic Account. Often an Islamic account is provided as an option where traders can convert their live trading account to an Islamic Account, or in other cases, it is a standalone account with a separate application procedure.
The purpose of an Islamic Account is that it caters explicitly to Muslim traders who follow the strict rules of Sharia law. These rules prevent followers from paying any type of interest, such as overnight fees, which are seen as exploitive or wasteful.
How to open a City Credit Capital account
Similarly to a bank, to register a forex trading account with City Credit Capital for the first time, you will be required to go through a basic “know your customer” process, which will allow City Credit Capital to ascertain that your submitted details and ensure the safety of your funds and account details.
With City Credit Capital the process entails passing some basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. You will be required to provide a scanned color copy of your passport, driving license or national ID and a utility bill or bank statement from the past three months showing your address.
How to open a City Credit Capital account:
Step 1 – Navigate to the City Credit Capital website.
Click the Live account tab to start the process of opening a City Credit Capital live trading account.
Step 2 – Fill out the City Credit Capital individual client application form.
Step 3 – Login details and Approval of account
Traders will receive a confirmation email of their application and log-in details to the City Credit Capital platform.
Customer Reviews
Excellent Platform.
City Credit Capital provides the MetaTrader4 to its customers, which is considered one of the best trading platforms in the world of forex to date! – Max
Best!
City Credit Capital reaches Affiliate Brokers in South Africa – They offer both MetaTrader and Market Trader platforms across most accounts, which is a bonus! – Chris
No Sign Up Bonus offered.
The City Credit Capital website is easy to navigate, just disappointed that there are no sign up bonuses on offer. – Natalie
City Credit Capital Pros and Cons
| ✅ PROS | ❎ CONS |
| Commission free trading | High minimum initial deposits required for both account types |
| MT4 and Markets Trader as trading platforms | No cryptocurrency (e.g., Bitcoin) trading |
| Proper regulation by Financial Conduct Authority (FCA) | Spreads are high |
| No deposit or inactivity fees charged |
Min Deposit
USD 500
Regulators
FCA
Trading Platform
MT4, MarketsTrader
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
You might also like: City Credit Capital Review
You might also like: City Credit Capital Demo Account – Step by Step
You might also like: City Credit Capital Fees and Spreads
You might also like: City Credit Capital Minimum Deposit
You might also like: City Credit Capital Sign up Bonus
Conclusion
City Credit Capital was established with a clear, ambitious vision: to provide partners and clients an impeccable trading experience, anchored by an efficient and highly robust trading platform. We are committed to the development of our exclusive trading platform, devoting considerable resources to constantly delivering system improvements. Our ultimate assets remain our dedicated and experienced staff, many of which come from varied international financial backgrounds.
Frequently Asked Questions
Can traders from South Africa open a trading account?
City Credit Capital is a reputable broker that is open to trading in South Africa
Does City Credit Capital have ZAR accounts?
No, City Credit Capital does not offer accounts in ZAR.
How many instruments can I trade with City Credit Capital?
You can trade several different instruments with City Credit Capital, which include the following:
- Forex
- CFDs on indices
- Precious metals
- Commodities
Does City Credit Capital offer leverage?
Yes, City Credit Capital offers a maximum leverage of up to 1: 30.
Is City Credit Capital a good broker if I am new to trading?
City Credit Capital offers a fair-trading environment for most types of traders, but the high initial deposit required may deter new traders.
Top 4 Brokers
