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CCAM foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://ccamgroup.net/, about the company's legal and temporary regulatory information, the company's address 4th Floor, Harbour Place, 103 South Church Street, Grand Cayman KY1-1002, Cayman Islands..

CCAM Forex Broker

Basic Information

Registered Region
Cayman Islands
Operating Period
--
Company Name
CITY CREDIT ASSET MANAGEMENT CO. LTD
Abbreviation
CCAM
Company employee
--
Contact Number
+622150889715
Company Website
Company address
4th Floor, Harbour Place, 103 South Church Street, Grand Cayman KY1-1002, Cayman Islands.
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

CCAM Basic Information Registered Country/Area Cayman Islands Regulation Not currently regulated Customer Support Phone & Email Educational Tools Not provided Trading Instruments currency arbitrage trades, multi-managers trading strategies, real estate projects, and infrastructure projects Overview of CCAM CCAM is a financial services company that specializes in investment management and advisory services. In terms of investment offerings, CCAM provides a diverse range of instruments, including currency arbitrage trades, multi-managers trading strategies, real estate projects, and infrastructure projects. These investment opportunities aim to provide clients with potential returns and a variety of choices. It is important to note that CCAM is currently not regulated, underscoring the need for clients to exercise caution and conduct thorough research before engaging with the company. For those interested in opening an account with CCAM, it is important to note that CCAM is currently not regulated, underscoring the need for clients to exercise caution and conduct thorough research before engaging with the company. As CCAM does not directly provide educational resources, it is important for clients to seek knowledge from reliable external sources to enhance their understanding of financial markets. Additionally, CCAM offers customer assistance through telephone and email channels, catering to clients' inquiries and concerns. Is CCAM legit or a scam? CCAM is currently not subject to any valid regulation. It is important for users to be aware of the potential risks associated with engaging with an unregulated broker. Without regulatory oversight, there may be a lack of transparency and accountability in the operations and practices of the company. Investors should exercise caution and thoroughly evaluate the risks involved before entering into any transactions or agreements with CCAM. It is recommended to seek advice from a qualified financial professional and conduct independent research to make informed decisions. By being vigilant and informed, users can better protect their interests and mitigate potential risks. Market Instruments CCAM provides a diverse range of market instruments to cater to the needs of clients. Their offerings include currency arbitrage trades, multi-managers trading strategies, real estate projects, and infrastructure projects. Currency arbitrage trades aims to capitalize on pricing inefficiencies in the market. They identify opportunities to buy and sell instruments tied to the same underlying currency, taking advantage of market discrepancies. By focusing on major currencies with high liquidity, such as EUR, JPY, GBP, and CHF, they mitigate liquidity risk and seek to optimize profitability. Their multi-managers trading strategies are designed to optimize performance and manage risk exposure. They monitor the performance and risk profiles of selected investment managers, ensuring that return targets are met. With a focus on diversification, They choose managers based on their proven track records, investment styles, strategies, and risk appetites. In addition, CCAM offer investment opportunities in real estate projects. Their focus is on property development projects in the Asia-Pacific region, where they seek to generate high current income and long-term capital appreciation for our clients. By investing in a diversified portfolio of land and property projects, including hotels, villas, resorts, commercial and residential properties, shopping malls, and entertainment industry-linked developments, the firm aims to provide steady rental yields and capital appreciation, ensuring a consistent income stream. Furthermore, CCAM specializes in infrastructure projects, capitalizing on the economic growth and urbanization in emerging Asian countries. Their investments predominantly target the Energy, Utilities, and Transportation sectors. They prioritize infrastructure projects with long-term operating rights authorized by governments or projects with infrastructure loans supported by financial institutions. How to open an account? Opening an account with CCAM involves the following steps: Submit Account Opening Request and Await Confirmation: Complete the account opening request form and submit it to CCAM. Once your account opening request is confirmed, you will receive an email containing your unique account opening code and the account opening link. Fill and Submit Account Application Details Online: Using the account opening link, access the online platform and enter your account application details. Take care to provide accurate and complete information. After submission, you will need to wait for the initial review. Submit Account Application Form and Required Documents: Once your account application passes the initial review, you will receive an email with the account application form and a checklist of required documents. Follow the instructions in the email to fill and sign the account application form and gather all the necessary documents. Then, submit the signed form and all the required documents. By completing these steps, your account will be successfully opened. Please note that the eligibility criteria for opening an account include being 18 years or older, a non-U.S. resident, and receiving pre-confirmation from CCAM. The required documents for account opening include identification proof, address proof, income proof, a valid mobile number, and a valid email address. Additional documents may be required based on the applicant's qualifications, status, or regional laws and regulations. Generally, following these five steps will allow you to open an account with CCAM. Customer Support CCAM provides customer support services to assist with inquiries and provide assistance. Customers can reach out to CCAM's customer support team through the following channels: Telephone: Customers can dial +62-21-50889715 to contact CCAM's customer support team. Email: Customers can also send an email to op-enquiry@ccaml.net. Educational Resources Based on the information available on the official website, CCAM regrettably does not currently offer educational resources. We advise clients to seek other reliable educational resources such as financial publications, educational websites, and professional finance courses to deepen their understanding of the financial markets. By obtaining knowledge from external sources, clients can expand their knowledge base and learn about investment strategies, risk management techniques, and market dynamics. Conclusion In conclusion, CCAM is a financial services company offering investment management and advisory services to clients worldwide. While CCAM provides a range of investment opportunities, it is important to note some limitations. CCAM currently operates without valid regulation, which may raise concerns for potential clients seeking regulated services. Additionally, CCAM does not offer educational resources directly, requiring clients to rely on external sources for further knowledge. Clients considering CCAM should carefully evaluate their risk tolerance and conduct thorough research before engaging with the company. FAQs Q: Is CCAM regulated? A: No, CCAM is currently not subject to any valid regulation. Q: How can I open an account with CCAM? A: To open an account with CCAM, you need to submit an account opening request and provide the required documentation. Q: What investment instruments does CCAM offer? A: CCAM offers a variety of investment instruments, including currency arbitrage trades, multi-managers trading strategies, real estate projects, and infrastructure projects. Q: What are the eligibility criteria for opening an account with CCAM? A: The eligibility criteria include being 18 years or older, non-U.S. resident, and receiving pre-confirmation from CCAM. Q: How can I contact CCAM's customer support? A: You can reach CCAM's customer support team by phone at +62-21-50889715 or by email at op-enquiry@ccaml.net.

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How to login to CCAM?
CCAM Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a CCAM Account Registering for a CCAM account is the first step toward accessing their financial services. Heres a detailed guide on how to complete the registration

  

CCAM Forex Broker - Complete Information Guide

  

1. Broker Overview

  CCAM, officially known as City Credit Asset Management Co., Ltd., is a forex broker that was established in 2020. The broker is headquartered in the Cayman Islands, specifically at 4th Floor, Harbour Place, 103 South Church Street, Grand Cayman KY1-1002, Cayman Islands. CCAM operates as a private company and primarily serves retail clients in the global forex market.

  Despite its recent establishment, CCAM has made claims regarding its capabilities, including an assertion that it was awarded the Best Hedge Fund Manager 2020 in the Cayman Islands by Acquisition International. However, the broker has less than one year of trading experience, raising concerns about its operational history.

  The broker's business model focuses on retail forex trading, providing clients access to various financial instruments. Although CCAM's website lacks detailed information regarding its account types and minimum deposits, it appears to target a broad range of clients looking for forex trading opportunities. Given its relatively short history, potential clients are advised to conduct thorough research before engaging with this broker.

  

2. Regulation and Compliance Information

  CCAM is currently not a regulated broker. The company claims to be administered by the Cayman Islands Monetary Authority (CIMA) under the Securities Investment Business Law; however, there is no verifiable information supporting this claim. This lack of regulation poses significant risks for potential investors, as there is no oversight to ensure the safety and integrity of their investments.

  The absence of a regulatory framework means that CCAM does not have a regulatory number or any valid licenses. Furthermore, the broker does not participate in any investor compensation schemes, which raises further concerns about the safety of client funds.

  CCAM does not provide specific information on its policies regarding the segregation of client funds or the implementation of Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. This lack of transparency is a red flag for potential clients who seek assurance that their investments are protected.

  

3. Trading Products and Services

  CCAM offers a variety of trading products, focusing primarily on forex trading. The broker provides access to an unspecified number of currency pairs, including major, minor, and exotic pairs. In addition to forex, CCAM claims to offer Contract for Difference (CFD) products, which include various asset classes such as indices, commodities, and potentially cryptocurrencies.

  However, due to the limited information available on its website, the details regarding the exact number of available trading instruments and the frequency of product updates are unclear. CCAM does not appear to offer specialized or unique trading products that differentiate it from other brokers in the market.

  The broker's services are primarily directed at retail clients, and there is no indication of offerings specifically tailored for institutional clients or white-label solutions. Furthermore, CCAM does not provide any asset management services or investment advisory services to its clients.

  

4. Trading Platform and Technology

  CCAM does not support popular trading platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are widely used in the forex trading industry. Instead, the broker's website suggests that it may have its own proprietary trading platform, although detailed information about this platform is lacking.

  There is no mention of a web-based trading platform or mobile applications for iOS or Android, which could limit accessibility for traders who prefer mobile trading. The execution model employed by CCAM is not clearly defined, leaving potential clients uncertain about whether the broker operates on an ECN, STP, or Market Making basis.

  The specifics regarding server locations and the underlying technology infrastructure are also not disclosed, which could affect the reliability and speed of trade execution. Furthermore, there is no information on whether the broker supports API access or automated trading, which are crucial features for many professional traders.

  

5. Account Types and Trading Conditions

  CCAM's website lacks detailed information regarding the various account types it offers. As a result, potential clients are left without clear guidance on minimum deposit requirements, spreads, or commission structures.

  There is no indication of the availability of specialized accounts such as Islamic accounts or corporate accounts. The broker's policy on demo accounts is also not specified, which is a standard offering among many forex brokers.

  Leverage options are not disclosed, making it difficult for traders to understand the risk exposure associated with trading through CCAM. The minimum trade sizes and overnight fees are also unspecified, which could impact trading strategies and cost management for clients.

  

6. Fund Management

  CCAM supports various deposit methods, including bank transfers and credit cards, although specific details regarding the supported e-wallets are not provided. The minimum deposit requirements for different account types are unclear, which could deter potential clients from opening an account.

  Deposit processing times are not mentioned, nor are any deposit fees outlined. This lack of transparency about funding options can lead to confusion for traders looking to manage their accounts effectively.

  Withdrawal methods and restrictions are similarly vague, with no specific information on withdrawal processing times or associated fees. This absence of clarity raises concerns about how easily clients can access their funds.

  

7. Customer Support and Educational Resources

  CCAM provides customer support through telephone and email channels. Clients can reach the support team at +62 21 50889715 or via email at op-enquiry@ccaml.net. However, the availability of support during specific hours and the coverage of different time zones are not detailed on the broker's website.

  The broker does not appear to offer multilingual support, which could limit accessibility for non-English speaking clients. Additionally, CCAM lacks educational resources such as webinars, tutorials, or eBooks, which are commonly provided by other brokers to help clients improve their trading skills.

  Market analysis services, including daily analysis, news updates, or research reports, are not mentioned, leaving clients without the necessary tools to make informed trading decisions. Furthermore, there is no indication of trading tools such as calculators, calendars, or signal services that could enhance the trading experience.

  

8. Regional Coverage and Restrictions

  CCAM primarily serves clients globally, focusing on retail traders seeking forex trading opportunities. The broker operates from its headquarters in the Cayman Islands, but there is no detailed information regarding the distribution of regional offices.

  It is unclear which countries or regions CCAM does not accept clients from, as the broker's website does not provide a comprehensive list of restricted jurisdictions. This lack of information could lead to potential legal complications for clients in regions where the broker is not authorized to operate.

  In summary, while CCAM presents itself as a forex broker with various trading opportunities, the lack of regulation, transparency, and detailed information raises significant concerns for potential clients. It is crucial for traders to conduct thorough research and consider alternative options before engaging with CCAM broker.

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Latest Reviews

张洪峰

张洪峰

India

They constantly reached out to me and tried to convince me to deposit funds into their platform, promising me the world, but I didn't believe them. It's always a red flag when a broker tries too hard to get you to invest with them. I would stay away from this platform and find a reputable and regulated broker.

37130

2023-03-24

CCAM

News

WikiFX Review: Is CCAM Trustworthy?

Exposure WikiFX Review: Is CCAM Trustworthy?

In today’s article, WikiFX will take you on a comprehensive review of CCAM to see if this broker is worth investing in.

CCAM Forex Broker has an overall rating of 1.38, Regulatory Index 0.00, License Index 0.00, Business Index 5.97, Software Index 4.00 Risk Control Index 0.00.