City Credit Capital Broker Review
http://www.cccapital.ky/
City Credit Capital (CCC) was a UK-based forex and CFD broker established in 2001 and regulated by the Financial Conduct Authority (FCA) in the UK and the Cayman Islands Monetary Authority (CIMA). The broker offered trading in forex, CFDs on stocks, commodities, indices, and precious metals using their proprietary MarketsTrader platform as well as MetaTrader 4.
Key points:
Regulation: Initially FCA regulated, but its UK FCA registration was no longer active as of recent years. It retained Cayman Islands regulation.
Platforms: Unique in-house MarketsTrader platform and MT4, providing trading on multiple asset classes.
Account types: Mini and Standard accounts with minimum deposit from $500.
Spreads: Relatively wide, with EUR/USD around 3 pips, which is higher compared to more competitive brokers.
Leverage capped at 1:100 under FCA rules.
The broker went into administration in mid-2023 after reportedly losing around £10 million of professional traders' funds in a failed trading venture.
Multiple customer complaints about fund loss, poor customer service, and platform issues.
Negative public and regulatory scrutiny following the financial difficulties and administration process.
The company is no longer operational and clients have limited recourse for fund recovery.
Summary:
City Credit Capital was once a regulated UK broker providing multiple trading instruments through proprietary and MT4 platforms. However, recent financial distress leading to administration and significant customer fund losses has severely tarnished its reputation and operational status. It is essentially defunct and not a viable choice for traders in 2025. Traders should avoid it and seek regulated, financially stable brokers for secure trading
City Credit Capital (CCC) was a UK-based forex and CFD broker established in 2001 and regulated by the Financial Conduct Authority (FCA) in the UK and the Cayman Islands Monetary Authority (CIMA). The broker offered trading in forex, CFDs on stocks, commodities, indices, and precious metals using their proprietary MarketsTrader platform as well as MetaTrader 4.
Key points:
Regulation: Initially FCA regulated, but its UK FCA registration was no longer active as of recent years. It retained Cayman Islands regulation.
Platforms: Unique in-house MarketsTrader platform and MT4, providing trading on multiple asset classes.
Account types: Mini and Standard accounts with minimum deposit from $500.
Spreads: Relatively wide, with EUR/USD around 3 pips, which is higher compared to more competitive brokers.
Leverage capped at 1:100 under FCA rules.
The broker went into administration in mid-2023 after reportedly losing around £10 million of professional traders' funds in a failed trading venture.
Multiple customer complaints about fund loss, poor customer service, and platform issues.
Negative public and regulatory scrutiny following the financial difficulties and administration process.
The company is no longer operational and clients have limited recourse for fund recovery.
Summary:
City Credit Capital was once a regulated UK broker providing multiple trading instruments through proprietary and MT4 platforms. However, recent financial distress leading to administration and significant customer fund losses has severely tarnished its reputation and operational status. It is essentially defunct and not a viable choice for traders in 2025. Traders should avoid it and seek regulated, financially stable brokers for secure trading
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