Basic Information
Pros and Cons
Pros
- Regulated by SFC in Hong Kong
- Offers leverage up to 1:50
- Wide range of trading instruments
- Strong reputation for research capabilities
- Client funds held in segregated accounts
Cons
- Occasional withdrawal delays reported
- Customer support quality could improve
Is CICC Safe and Legit?
China International Capital Corporation (CICC) is registered in Beijing, China, since 1995, and has over 25 years of operational experience. The broker offers a variety of trading instruments including stocks, bonds, derivatives, and currencies, with leverage up to 1:50 and competitive spreads through its proprietary trading platform and third-party platforms like Interactive Brokers.
CICC is regulated by the Securities and Futures Commission (SFC) in Hong Kong, providing a solid regulatory framework that enhances its legitimacy and safety for clients. Overall, it is considered a safe and legal broker in the jurisdictions it operates.
In the market, CICC has a good reputation, with users generally praising its research capabilities and range of services. Feedback indicates satisfactory customer service and efficient withdrawal processes, although some users have noted occasional delays. Transparency appears strong, but there are complaints regarding customer support quality, suggesting room for improvement in service responsiveness.
Is CICC a Regulated Broker?
What Are the Regulatory Licenses Held by CICC?
China International Capital Corporation (CICC) is regulated by the Securities and Futures Commission (SFC) in Hong Kong, which provides a robust regulatory framework. This regulation enhances CICC’s legitimacy and safety for clients. As of now, CICC does not hold any offshore licenses, making it a fully regulated entity under the SFC. The oversight from the SFC affirms CICC’s commitment to operating within legal parameters and maintaining high standards of client protection.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| SFC | Securities and Futures Commission | China International Capital Corporation | Active | Publicly verifiable |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Client funds at China International Capital Corporation (CICC) are held in independently regulated bank accounts, separate from the broker’s own assets. This ensures that client assets are safeguarded in accordance with the regulatory standards set by the Securities and Futures Commission (SFC) in Hong Kong, which mandates strict segregation of client funds to protect investor interests.
CICC Leverage
CICC offers leverage up to 1:50 across various trading instruments, suitable for both retail and professional account configurations. This leverage is compliant with local regulatory requirements established by the SFC, ensuring that clients are provided with appropriate levels of leverage while maintaining a commitment to responsible trading practices.
CICC Withdrawal Review
How to Contact CICC?
Does CICC Have Withdrawal Issues?
Complaints regarding China International Capital Corporation (CICC) primarily focus on withdrawal difficulties, with some users expressing frustration over delayed or denied withdrawals. Credible sources of complaints include user reviews on platforms like WikiFX, where clients have reported issues with accessing their funds after deposits. While CICC has generally maintained a good reputation, feedback indicates that customer service could improve in handling such complaints, with some users experiencing longer response times. Overall, there are a few reports of withdrawal issues, but no significant public complaints or regulatory penalties have been noted, affirming CICC’s status as a legitimate broker.
Frequently Asked Questions
A1: Yes, China International Capital Corporation (CICC) is a regulated broker by the Securities and Futures Commission (SFC) in Hong Kong, providing a solid regulatory framework that enhances its legitimacy and safety for clients. With over 25 years of operational experience, it is considered a safe and legal broker in the jurisdictions where it operates.
A2: CICC is regulated by the Securities and Futures Commission (SFC) in Hong Kong, which ensures compliance with local regulatory standards. Currently, CICC does not hold any offshore licenses, making it a fully regulated entity under the SFC.
A3: Client funds at CICC are held in independently regulated bank accounts, separate from the broker’s own assets. This segregation of client funds is mandated by the SFC, ensuring that client assets are safeguarded in accordance with regulatory standards.
A4: Some users have reported occasional delays or difficulties with withdrawals from CICC, indicating a need for improvement in customer service responsiveness. However, no significant public complaints or regulatory penalties have been noted, maintaining CICC’s reputation as a legitimate broker.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.