Great broker. It's funny to read reviews about City Credit Capital, in which they write that the broker is a scam, does not pay, etc. I have been trading for two years at CCC, the broker has a physical address in London, English FCA license, you can easily file a complaint if there are violations. Where do people find problems with brokers regulated by the FCA and manage to praise kitchens that are registered on offshore islands with a fake license?
Like any broker, City Credit Capital has one unpleasant moment, which, in principle, is not critical for beginners, but for the pros, its presence changes the whole trade. Of course, this is not true for all trading strategies. Mainly for those who use scalping and martingale. Like mine, for example. In general, when I launch a trading robot, it cannot open trades for me. In principle, I expected that a broker could have this if it does not allow aggressive scalping, but I don’t understand why a limit should be set. And such a limit is for opening an order, from 6 points. That is, scalping already loses its meaning, since I cannot use the minimum value. And this not only changes the principle of the strategy by which the robot trades, but I also lose my advantage in trading. For traders who trade long-term strategies, City Credit Capital may still be okay, but again, until you start trading, you won't understand. There may be surprises in the long run too. For example, the swap is not in favor of the trader or the commission, which gradually cut the profits.