Through wholly-owned subsidiary City Credit Capital (Labuan) Limited, a registered money broker registered with the Ministry of Finance in Malaysia, City Credit Investment Bank provide facilities to trade spot foreign exchange (Forex) contracts in all major financial centers of the world.

Forex trading can be leveraged with low margin requirements to optimize performance under volatile market conditions. To compliment our business, City Credit Investment Bank also provides financing services for share margin and loans.

The trading of Forex can be transacted over the telephone and online at computer terminals. Through City Credit Capital's trading platform, we provide our clients with the professional tools and services needed to trade effectively in an independent atmosphere.

We approach our trading relationships with the understanding that every client has their own unique investment criteria which may change over time. Our customized, trustworthy service ensures the very best in client order execution.

The management at City Credit Investment Bank has over 15 years of experience in foreign exchange trading. It is this experience that drives our mission to provide a wider range of Forex-related products and services to increase the options from which our clients can choose.

Our people are our greatest asset. With a multinational team of professional experts has an intimate knowledge of the Forex market, we offer an unparalleled level of service committed to customer satisfaction.

 

The Forex Market

The foreign exchange ("Forex" or "FX") market is the largest financial market in the world, with an equivalent of over $1.5 trillion in daily transactions. To give you an idea of the size of this market, that is more than 3 times the aggregate amount of the U.S. equity and treasury markets combined.

The Forex market is the arena where a nation's currency is being exchanged for that of another. Unlike other financial markets, the Forex market has no physical location and no central exchange. It operates through a global network of banks, corporations and individuals independently trading currency. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one zone to another throughout all the major financial centers. Most foreign currency exchange activity consists of the spot business between the U.S. Dollar and the six major currencies (Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar).

The trading of Forex typically occurs over the telephone and online at computer terminals. Through City Credit Capital's trading platform, we provide our clients with the professional tools and services needed to trade effectively in an independent atmosphere.

Traditionally, market participants include major international commercial and investment banks inclusive of central banks, multinational corporations, global money managers, currency dealers, and international money brokers. And retail investors' only means of gaining access to this market was through their banks. However, with the advent of telephone trading and online brokers such as City Credit Investment Bank, importers and exporters, speculators, and even the individual day traders can now use the Forex market to pay for goods and services, transact in financial assets or to reduce the risk of currency movements by hedging their exposure in other markets. More importantly, retail investors can now have access to the same liquidity and tight spreads through the primary Interbank once available only to the larger players. These intermediaries play an important role in the development of the Forex market as trading volume grew rapidly especially after exchange rates were allowed to float freely in 1971.

There are three primary reasons for entering or participating in the Forex market. When multinational corporations convert profits earned in another currency back into its domestic currency for repatriation. Other companies, manufacturers and financial institutions routinely do it to hedge against unwanted exposure to potential price movements. But the main reason or the most popular reason participants enter the Forex market is to speculate for profit. In fact, estimates suggest that more than 95% of all Forex trading represents speculative activity.