Forex CCIB Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

CCIB Trading Conditions

Registered Region Malaysia

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@ccibl.net

Contact Number +60-87-582 368

Website www.citycreditinvestmentbank.com

Balanced Review

Pros & Cons

Pros

Diverse range of financial services including forex and CFDs
Multiple trading platforms available: MT4, MT5, Web Version
Account types catering to various trader profiles
Customer support through email and telephone
Accessible minimum deposit for retail accounts

Cons

No valid regulatory license
Limited transparency regarding operational practices
No live chat support for immediate assistance
Reports of scam activity associated with the broker
Withdrawal and additional fees may apply

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	CCIB	VPFX	EC Investment Bank	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Malaysia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does CCIB Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Accessible trading options for new traders	Designed for small-capital practice
Professional Account	Experienced traders	Advanced trading features and tools	Requires certain trading volume qualifications
Corporate Account	Corporate clients	Custom services for businesses	Requires corporate documentation
Islamic Account	Traders adhering to Sharia law	Swap-free trading	Eligibility based on religious requirements
Demo Account	New traders and those testing strategies	Practice trading without real funds	Ideal for gaining experience

Account Opening Process

To open an account with CCIB, prospective clients must follow these steps: 1. Submit personal information, including name, contact details, and date of birth. 2. Provide employment details, including job title and employer information. 3. Disclose financial information to assess trading capabilities. 4. Complete identity verification by submitting valid identification documents and proof of address. It is worth noting that clients have the flexibility to upgrade to a professional account later if they meet the necessary criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	N/A	N/A	Varies by pair
CFDs (Stocks)	N/A	N/A	Varies by stock
CFDs (Indices)	N/A	N/A	Varies by index
CFDs (Commodities)	N/A	N/A	Varies by commodity
Cryptos	N/A	N/A	Varies by cryptocurrency

Other Fees

Additional fees associated with trading at CCIB may include deposit and withdrawal fees, inactivity fees for dormant accounts, platform usage fees (if applicable), overnight interest, also known as swap rates, and currency conversion fees for trades involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

CCIB User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Samuel Tan

Kuala Lumpur

★ ★ ★ ★ ★

I had a terrible experience with CCIB. My withdrawal took weeks to process, and customer support was unhelpful when I reached out for assistance. It’s concerning to trade with an unregulated broker like this.

Aisha Rahman

Penang

★ ★ ★ ★ ★

CCIB offers a decent range of trading instruments and the MT5 platform works well for my trading style. However, the lack of live chat support can be frustrating at times. Overall, I’m satisfied with my trading experience.

James Lee

Johor Bahru

★ ★ ★ ★ ★

I was drawn in by the promises of diverse financial services, but I found the lack of transparency alarming. My requests for information about fees went unanswered, and it took too long to get my funds back.

Nina Wu

Malacca

★ ★ ★ ★ ★

I’ve had a positive experience with CCIB. Their trading platforms are user-friendly and I appreciate the variety of available instruments. Support via email has been responsive, and I feel confident trading here.

Malaysia Market