https://www.citycreditinvestmentbank.com/
Website
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
+60-87-582 368
+60-32-382 0521
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City Credit Investment Bank Limited.
CCIB
Malaysia
Pyramid scheme complaint
Expose
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
CCIB Review Summary in 10 Points | |
Founded | 2002 |
Registered Country/Region | Malaysia |
Regulation | No license |
Market Instruments | Spot Fx, CFD |
Demo Account | N/A |
Leverage | N/A |
EUR/USD Spread | N/A |
Trading Platforms | N/A |
Minimum deposit | N/A |
Customer Support | Telephone, Facsimile, email |
CCIB stands for City Credit Investment Bank Limited, a financial institution that provides a range of financial services, including asset management, corporate finance, wealth management, spot FX, CFDs, and market research and advisory services. The company is registered in Malaysia and claims to have a global network of professionals with extensive experience in finance and investment. However, it is important to note that CCIB does not currently hold any valid regulatory licenses, and there have been reports of scam activities associated with the company.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
It is difficult to assess the credibility and trustworthiness of CCIB. The lack of regulation and transparency on their website raises concerns about the safety of trading with this broker. Therefore, caution should be exercised when considering trading with CCIB.
Pros | Cons |
• Offers a variety of financial products and services | • No valid regulatory license |
• Multi-channel customer support | • Website lacks important information |
• Report of scam |
Note: Please exercise caution when investing with CCIB as it currently does not hold a valid regulatory license and there is a report of scam.
There are many alternative brokers to CCIB depending on the specific needs and preferences of the trader. Some popular options include:
TD Ameritrade: for US-based traders seeking a wide range of trading products, advanced tools and technology, and excellent customer support.
OctaFX: for traders of all levels who prioritize low spreads, fast execution, and a wide range of trading instruments, including cryptocurrency.
Hantec Markets: for traders looking for a reliable and trustworthy broker with a strong track record in the industry, offering competitive spreads and an array of trading platforms.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Trading with CCIB is unsafe because of the lack of information available on their website and the absence of a valid regulatory license. Investors should exercise caution when dealing with such brokers and conduct thorough research before investing any funds. It is advisable to choose a broker that is licensed and regulated by a reputable financial authority to ensure the safety of your investments.
According to the information available on their website, CCIB offers a range of financial products and services. These include asset management, corporate finance, wealth management, spot FX, CFD, and market research & advisory service. It seems that they aim to cater to a diverse range of clients, including individuals and corporations, by offering a variety of investment products and financial services.
CCIB claims to provide customer support through telephone, facsimile, and email. They clearly list the registered addresses of their five companies from different countries. However, there is no live chat option, which is a common feature of modern online brokers.
Pros | Cons |
• Provides multiple contact channels | • No live chat support available |
• Contact details are clearly displayed on the website | • No 24/7 support available |
Note: Please keep in mind that this information is based on the available information on CCIB's website and may not be comprehensive.
It is important to exercise caution when investing with any broker, and this includes CCIB. It is concerning to see a report of scam. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Based on the information available, CCIB appears to be an unregulated broker with very limited information available on their website. The lack of transparency and regulatory oversight raises concerns about the safety and reliability of the broker. Additionally, there have been reports of fraudulent activity associated with CCIB. Therefore, we strongly advise exercising caution when dealing with this broker, and recommend exploring other regulated and reputable brokers that provide greater transparency and regulatory oversight.
Q 1: | Is CCIB regulated? |
A 1: | No. It has been verified that this broker currently has no valid regulation. |
Q 2: | Is CCIB a good broker for beginners? |
A 2: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency. |
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