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Pros

Established and reputable broker with a long history in the financial industry.
Offers a wide range of financial instruments, including forex, CFDs, commodities, and indices.
Regulated by the China Securities Regulatory Commission, providing a level of trust and oversight.

Cons

Negative user feedback regarding withdrawal issues and customer service experiences.
Not using popular trading platforms like MT4 or MT5, which may limit some traders' preferences.
Higher fees compared to some other brokers, which could deter cost-sensitive clients.

CICC broker Accounts

CICC Account Type

CICC (China International Capital Corporation) offers a diverse range of account types tailored to different client needs:

  • Individual Accounts:
    • Designed for individual investors.
    • Minimum initial deposit: $1,000.
    • Access to various financial products and services for personal investment goals.
    • Corporate Accounts:
      • Tailored for businesses and corporations seeking capital market services.
      • Minimum initial deposit: $10,000.
      • Provides financing solutions and access to investment banking services.
      • Institutional Accounts:
        • Targeted at institutional investors, including pension funds and insurance companies.
        • Offers specialized investment options and strategies.
        • Features:
          • Margin trading options available, allowing investors to borrow funds to increase trading positions.
          • Short selling capabilities to profit from declining market prices.
          • Stop-loss orders for risk management.

          CICC Broker Account Opening Process

          To open an account with CICC, follow these steps:

          • Gather Required Information:
            • Personal details: Name, address, contact information.
            • Identification: Passport or other government-issued ID.
            • Application Submission:
              • Fill out the online application form available on the CICC website or visit a local branch.
              • Provide necessary documents as required.
              • Initial Deposit:
                • Make the minimum initial deposit according to the account type (Individual: $1,000; Corporate: $10,000).
                • Account Activation:
                  • After verification, your account will be activated, allowing you to start trading.
                  • Access Trading Platform:
                    • Once your account is active, you can access CICC's trading platform to manage your investments.

                    For further details, please visit the following sources:

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CICC accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
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