City Credit Capital launches Cayman Islands service

Submitted 07/04/2021 - 8:58am

City Credit Capital, a world leading multi-asset brokerage group, is pleased to announce that City Credit Capital (Cayman) has been formally granted a full broker dealer license by the Cayman Islands Monetary Authority (CIMA). 

The company, which plans to expand its reach further into emerging markets, including Latin America & Asia believes, that the Cayman Islands strong reputation as the world’s fourth largest banking centre make it the perfect location to offer its services from.

Raymond Yip, CEO of CCC Cayman, says: “This is a very important milestone for City Credit Capital. In 2021 clients want the freedom to have access to multi jurisdictions and CIMA is one of, if not the most respected regulatory bodies of all the offshore financial centres,  offering a high level of protections to investors" 

With a growing trend of clients looking to brokers in offshore locations, the company believes strong regulation is imperative, Andrew Braine, director says: "Many clients are facing problems by going to offshore brokers which are either not regulated or are regulated in weak jurisdictions which is why we want to offer clients the best of both worlds, strong regulatory oversight in a renowned offshore financial centre."

Clients can trade a wide range of international financial markets, currencies and commodities with competitive pricing, instant execution and 24 hour customer service via the industry leading MT4 trading platform.

Like this article? Sign up to our free newsletter Tags Services Prime brokers