City Credit Capital Account Types

City Credit Capital (CCC) offers two primary account types for traders: the Mini Account and the Standard Account.

• Mini Account
• Minimum Deposit: $500 (or R7,500)
• Minimum Lot Size: 10,000
• Trading Platforms: MT4 and Markets Trader
• Spreads: Fixed spreads starting from 3 pips on major pairs like EUR/USD.
• Leverage: Maximum leverage of 1:30.
• Standard Account
• Minimum Deposit: $5,000 (or R75,000)
• Minimum Lot Size: 100,000
• Trading Platforms: MT4 and Markets Trader
• Spreads: Fixed spreads starting from 3 pips on major pairs like EUR/USD.
• Leverage: Maximum leverage of 1:30.

Both account types offer similar features, including access to trading central market research, professional charting tools, and 24-hour customer service. However, the high minimum deposit requirement may deter new traders.

City Credit Capital Broker Account Opening Process

To open an account with City Credit Capital, follow these steps:

• Visit the Official Website: Navigate to the City Credit Capital website.
• Select Account Type: Click on the "Live Account" tab to begin the application process.
• Complete Application Form: Fill out the individual client application form with personal details like name, email, phone number, and country of residence.
• Submit Identification Documents: Provide a scanned color copy of a government-issued ID (passport, driving license, or national ID) and a recent utility bill or bank statement to verify your address.
• Receive Confirmation: After submission, you will receive a confirmation email with your account approval and login details.
• Fund Your Account: Once approved, follow the instructions provided to deposit funds into your trading account.
• Start Trading: Access the trading platform and begin executing trades according to your strategy.

The entire process is designed to be straightforward and can typically be completed quickly, allowing traders to start trading as soon as their accounts are funded.