All Share (J203) = 90 150
Rand / Dollar = 18.15
Rand / Pound = 23.54
Rand / Euro = 19.76
Gold (usd/oz) = 3 031.24
Platinum (usd/oz) = 995.30
Brent (usd/barrel) = 70.80
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

City Credit Capital Minimum Deposit

City Credit Capital Minimum Deposits
 

City Credit Capital Minimum Deposit is $500. This minimum deposit is equivalent to R 7 500.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

🌐 Broker Credit City Capital
💳 Minimum Deposit$500
💳 ZARR7 500ZAR
🏛 RegulationThe Financial Conduct Authority (FCA)
📃 License number 232015
💳 Account Types Mini Account
Standard Account
💳 Demo AccountYes
💰 Sign Up Bonus ❌ No
📊 Trading platforms MarketsTrader
MetaTrader

 

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 Minimum Deposit Revealed – A Key 7-Point Quick Overview

  1. Who is City Credit Capital?    
  2. City Credit Capital Minimum Deposit
  3. City Credit Capital Deposit fees and deposit methods
  4. Step by step guide to depositing the City Credit Capital minimum amount
  5. Customer Reviews
  6. City Credit Capital Pros and Cons
  7. Frequently Asked Questions

 

Who is City Credit Capital?    

 

Founded in 2001, City Credit Capital (CCC) is a world leader in retail derivatives trading, offering online dealing services to private investors, institutions, banks, and brokerages. Specializing in Foreign Exchange (Forex) and Contracts for Difference (CFDs), clients are given 24-hour access to the global financial markets through the company’s proprietary trading platform – MarketsTrader.

 

City Credit Capital Overview

 

The success of City Credit Capital has been built on three key pillars of strength:

1) Strong regulatory oversight
2) Ongoing technological innovation, and
3) Dedicated, experienced staff.

 

City Credit Capital provides its clients the opportunity to trade with a brokerage fully regulated by the Financial Services Authority.

 

City Credit Capital Minimum Deposit

 

City Credit Capital has a minimum deposit requirement of $ 500. This minimum deposit amount was equivalent to 7 500 ZAR at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

City Credit Capital’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

Account Types🌐 Mini Account🌐 Standard Account
💳 Minimum Deposit$500$5000
💳 ZARR7 500 ZARR75000 ZAR
📉 Min lot size10,000100,000

 

City Credit Capital Deposit fees and deposit methods

 

City Credit Capital offers traders various payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account. City Credit Capital accepts the following payment methods:

💳 Credit cards

💳 Bank Transfer

💳 Neteller

 

City Credit Capital does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours. USD and ZAR are accepted as deposit currencies. Traders must ensure that they verify whether their financial institution charges its own fees.

 

City Credit Capital Deposit fees and deposit methods

 

Step by step guide to depositing the City Credit Capital minimum amount

 

Traders can fund their accounts by sending the funds to one of the City Credit Capital segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

 

Funds must be transferred in the same currency as the bank account to which they are sending it, preventing currency conversion fees from being charged.

 

Process:

 

Step 1 – Navigate to the Credit City Capital page and click on the green Deposit button.

 

Credit City Capital Minimum Deposit Step 1

 

Step 2: Complete Account Information for a minimum deposit

 

Fill out your card details as required to deposit the minimum amount.

 

Credit City Capital Minimum Deposit Step 3

 

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

 

IG 5 Star Review

 

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

 

IG 4 Star Review

 

No Sign Bonus offered.

The City Credit Capital website is definitely, just disappointed that there are no sign up bonuses on offer. – Natalie

IG 3 Star Review

 

City Credit Capital Pros and Cons

 

✅ PROS❎ CONS
No deposit fees chargedHigh minimum deposits required for both account types
MT4 and Markets Trader as trading platformsLimited account variety
Commission-free tradingNo live chat option for online support
30-day demo account can be opened

 

City Credit Capital

 

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 Account Types Overview

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 Sign up Bonus

 

Conclusion

 

City Credit Capital can be described as a company that is regulated by FCA and complies with the necessary requirements to follow and delivers great trading opportunities. Through years of successful operation, the broker proves its reliability to trade based on the fixed spread and constant performance.

 

City Credit Capital

 

Frequently Asked Questions

 

What is the minimum deposit required to open an account with City Credit Capital?

$ 500.

 

How do you make a deposit and withdraw money with City Credit Capital?

 

City Credit Capital offers the following deposit and withdrawal methods:

  • Credit cards
  • Bank Transfer
  • Neteller

 

The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.

 

Does City Credit Capital charge withdrawal fees?

 

There is no indication on the City Credit Capital website whether withdrawal fees are charged. Traders should also keep in mind that fees might be charged by their own banking institutions when receiving withdrawn funds.

 

How long does it take to make a City Credit Capital withdrawal?

 

Withdrawals on City Credit Capital usually reach trading accounts within one working day but can take longer under certain circumstances.

 

Does City Credit Capital accept Paypal?

 

No, City Credit Capital does not offer the option of making payments through Paypal.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 22, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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