CCC

City Credit Capital (CCC) is a UK-registered online trading broker that offers foreign exchange (forex) and contract for difference (CFD) trading services. According to our records, the firm was founded on 7 September 2017 and is headquartered at 12th Floor, Heron Tower, 110 BishopsGate, London EC2N 4AY, United Kingdom. CCC’s official domain is cccapital.co.uk.

The company claims to serve a range of clients including individual investors, financial institutions, banks, and other brokers. However, the broker’s own description also states that it was established in 2001 and is regulated by the Australian Securities and Investments Commission (ASIC) under licence number 232015, which conflicts with the founding date of 2017 and the FCA regulation on file. This discrepancy is noteworthy and may indicate legacy branding or inaccurate public information.

City Credit Capital is recorded as regulated by the Financial Conduct Authority (FCA) in the United Kingdom, holding a Market Making (MM) licence. The FCA licence status is listed as ‘Regulated’. However, no specific FCA reference number is provided in our known facts, and the broker’s own description references ASIC regulation rather than the FCA. Traders should verify the exact FCA registration number directly with the UK regulator before engaging with the firm.

The FXCanary Scam Risk Score for CCC is 85 out of 100, indicating a severe risk. This high score, combined with conflicting regulatory claims, suggests that potential clients should exercise extreme caution and conduct thorough due diligence before depositing funds.

Our records indicate that CCC offers two account types: Standard and Mini. The Standard account requires a minimum deposit of $5,000, while the Mini account has a lower minimum deposit of $500. Maximum leverage for both accounts is not disclosed in our known facts.

The account types cater to different trader profiles, with the Mini account more accessible to retail traders with smaller capital, and the Standard account aimed at those with larger investments. The absence of leverage details is a notable gap, and traders should request this information directly from the broker.

CCC provides trading in forex, spot metals, and CFDs. This is a standard product range for a retail forex and CFD broker, covering major currency pairs, precious metals such as gold and silver, and CFD instruments on indices, commodities, or shares. The exact number of instruments or list of specific contracts is not specified in our known facts.

The inclusion of CFDs introduces leverage and the potential for significant losses, as is typical for such products. Traders should be aware that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

City Credit Capital maintains a presence on Facebook, LinkedIn, and Twitter/X. These channels can be used for client communication, market updates, and promotional content. However, the actual activity and engagement on these platforms are not confirmed in our known facts.

A social media presence is common among brokers, but it does not guarantee reliability or regulatory compliance. Traders should independently assess the quality of information shared and the responsiveness of the broker through these channels.

The registered address of CCC is located in a prestigious London business district at Heron Tower. The address is shared with numerous other financial services firms, which is typical for service office arrangements. This does not inherently indicate any issue, but traders should verify that the broker operates from this location and that the office is genuine.

Our records list the country of registration as the United Kingdom, aligning with the FCA regulation. However, the contradictory founding date and alternative regulatory claim (ASIC) raise questions about the accuracy of the broker’s corporate history. Without independent verification, these discrepancies should be treated as red flags.

Given the severe scam risk score of 85, the conflicting information about its founding date and regulation, and the lack of independent user reviews, City Credit Capital presents a high-risk profile for potential traders. The FCA regulation is a positive factor, but the inconsistency with ASIC claims and the absence of a specific FCA reference number warrant careful verification.

Prospective clients should contact the FCA directly to confirm the status of CCC, review the broker’s regulatory documents, and be wary of any pressure to deposit funds. The lack of verifiable public information and the high risk score make this broker unsuitable for inexperienced traders or those seeking a transparent, low-risk environment.