CICC

7.4 / 10 Overall Score

Website: https://en.cicc.com/
Jurisdiction: China
Operating Since: Above 20 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: China International Capital Corporation Limited
Phone: —
Email: info@cicc.com.cn
Address: 28th Floor, China World Office 2, No. 1 Jianguomenwai Avenue, Beijing 100004, P.R. China

License Info: [{"监管状态": "HK Regulated", "牌照信息": "Hong Kong Futures contracts"}, {"监管状态": "HK Regulated", "牌照信息": "Hong Kong Futures contracts"}]

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# CICC Company: Corporate, Regulatory, and Organizational Information

## Company Overview

CICC Company, officially known as China International Capital Corporation (CICC), is a leading investment bank in China, providing a comprehensive range of financial services including investment banking, capital markets, sales and trading, research, asset management, private equity, and investment advisory. Established in 1995, CICC was the first joint venture investment bank in China, created through a partnership between China Construction Bank and Morgan Stanley, among other investors.

CICC is headquartered in Beijing, China, with additional offices in major global financial centers, including Hong Kong, New York, Singapore, London, San Francisco, Frankfurt, and Tokyo. The company serves a diverse clientele comprising corporations, institutions, and individual investors, facilitating both domestic and international financial transactions.

## Corporate Development

CICC has undergone significant growth since its inception. Key milestones in the company's history include:

- **1995**: Founded as China's first joint venture investment bank in Beijing.
- **1997**: Established its first overseas subsidiary in Hong Kong and completed the IPO of China Mobile, the largest IPO in Asia at that time.
- **2004**: China Construction Bank transferred its equity interest in CICC.
- **2015**: CICC was listed on the Hong Kong Stock Exchange, becoming the first Chinese investment bank to do so.
- **2024**: CICC received the Fintech - Investment Banking category award at the HKB Technology Excellence Awards for its advanced brokerage system.

The company has diversified its services and expanded its geographical footprint, establishing a presence in key international markets and enhancing its service offerings through technological innovations.

## Corporate Structure and Subsidiaries

CICC operates through various subsidiaries and branches, which include:

- **CICC US Securities, Inc.**: Located in New York, providing M&A and financial advisory services.
- **CICC Singapore**: Focuses on investment banking and trading activities in Southeast and South Asia.
- **CICC UK**: Became a member of the London Stock Exchange in 2011.

The company employs between 1,001 and 5,000 people and is structured into several key departments, including investment banking, capital markets, research, and asset management.

## Regulation and Compliance

CICC is regulated by the China Securities Regulatory Commission (CSRC). The company adheres to strict compliance frameworks and transparency measures, ensuring the protection of client funds through segregation and insurance policies. CICC operates within the regulatory frameworks of various jurisdictions, allowing it to serve clients in both domestic and international markets.

## Global Presence and Market Coverage

CICC serves a wide range of geographic markets, with a strong presence in China and significant operations in global financial hubs. The company has established local branches and representative offices in major cities, enhancing its ability to meet the needs of its clients. CICC focuses on institutional and individual investors, providing tailored financial solutions that address diverse market demands.

## Financial and Operational Data

CICC's operations are robust, with a workforce of approximately 6,663 employees. The company has made significant investments in technology and infrastructure, allocating substantial resources towards enhancing its digital capabilities and operational efficiency. CICC's ownership structure has evolved over the years, with notable changes in equity holdings by its founding partners.

## Reputation and Industry Standing

CICC is well-regarded within the financial community, known for its credibility and long-term reputation. The company has received positive reviews and ratings from analysts and industry observers, reflecting its commitment to high-quality service and innovation. CICC has established cooperative relationships with major financial institutions, further solidifying its standing in the investment banking sector.

## Summary

CICC Company stands as a pivotal player in the investment banking landscape, marked by its regulatory compliance, innovative service offerings, and global reach. With a rich history and a commitment to integrating international financial practices with local market insights, CICC continues to play a significant role in shaping the financial services industry in China and beyond. The company's operational integrity and market presence underscore its status as a leading investment bank.

Account Types

# CICC Account Types

China International Capital Corporation (CICC) offers a variety of account types to cater to different trading needs. Below are the details of the available account types:

| Account Type | Minimum Deposit | Spreads/Commission | Leverage Limits | Trading Instruments Available | Base Currencies Supported | Execution Model | Unique Features |
|--------------------------------|------------------|---------------------------------------|-----------------|------------------------------|---------------------------|-----------------|--------------------------------|
| **Standard Account** | $0 | 0.03% of traded value, min RMB 5 | Not specified | Stocks listed in China and HK | CNY | Proprietary | Access to CICC proprietary platforms |
| **Margin Account** | $0 | 0.03% of traded value, min RMB 5 | Not specified | Stocks listed in China and HK | CNY | Proprietary | Leverage options available |
| **Futures & Options Account** | $0 | 0.03% of traded value, min RMB 5 | Not specified | Futures and options | CNY | Proprietary | Access to advanced trading tools |

*Note: Specific details on leverage limits and unique features were not available.*

# CICC Broker Account Opening Process

To open an account with CICC, follow these steps:

1. **Visit the Account Registration Page**: Go to CICC's official website and navigate to the account opening section.
2. **Complete the Application Form**: Fill out the required application form with personal and financial information.
3. **KYC/Identity Verification**: Provide necessary documents for identity verification, which may include:
 - Government-issued ID
 - Proof of address
 - Financial statements (if required)
4. **Submit the Application**: Once the form is completed and documents are prepared, submit your application.
5. **Approval Time**: Wait for the account approval process, which may take several days depending on the verification requirements.
6. **Fund Your Account**: After approval, fund your account using available deposit methods, such as bank wire or securities transfer.
7. **Access Trading Platforms**: Once funded, you can access CICC’s trading platforms for trading activities.

*Note: Details on optional steps for demo or professional accounts were not available.*

Deposit & Withdrawal

# CICC Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## CICC Minimum Deposit Explained

### Exact Minimum Deposit Amount
The minimum deposit to open a trading account with the China International Capital Corporation (CICC) is **$0**. This makes it accessible for new traders and investors who may want to test the platform without a significant financial commitment.

### Account-Type Comparison
CICC offers various account types, including individual investment accounts and institutional accounts. While the minimum deposit remains $0 for individual accounts, institutional accounts may have different requirements based on the trading volume and investment strategy.

### Regional Differences
CICC operates primarily in China and Hong Kong, which may influence the minimum deposit requirements based on local regulations and market conditions. However, the $0 minimum deposit appears to be consistent across regions for individual accounts.

### Advantages
1. **Accessibility**: A minimum deposit of $0 allows new investors to start trading without financial risk.
2. **Diverse Account Options**: CICC provides various account types catering to different trading needs.
3. **Regulatory Oversight**: CICC is regulated by the China Securities Regulatory Commission, ensuring a level of safety for deposits.
4. **User-Friendly Platforms**: CICC offers a proprietary trading platform that is easy to navigate for both beginners and experienced traders.

### Disadvantages
1. **Limited International Reach**: Being primarily focused on Chinese markets may limit options for global investors.
2. **Currency Risks**: Investors outside China may face currency conversion fees and risks.
3. **Inactivity Fees**: Some accounts may incur fees if there is no trading activity over a certain period.
4. **Withdrawal Restrictions**: Withdrawal limits and processing times may vary, leading to potential delays in accessing funds.

### Competitor Comparison
Compared to other brokers, CICC’s $0 minimum deposit is competitive. Many brokers require a minimum deposit ranging from $100 to $1,000 for standard accounts, making CICC an attractive option for entry-level investors.

## CICC Deposit Methods Comprehensive Guide

### Available Deposit Methods
1. **Bank Transfer (SWIFT)**
 - **Processing Time**: 1-3 business days
 - **Fees**: Typically low, but may vary by bank
 - **Availability**: Widely available
 - **Limits**: No specific limits; subject to bank policies
 - **Pros**: Secure and reliable
 - **Cons**: Slower compared to other methods

2. **Bank-Securities Transfer**
 - **Processing Time**: 1-2 business days
 - **Fees**: Varies by bank
 - **Availability**: Common in China
 - **Limits**: Depends on the bank's policies
 - **Pros**: Direct transfer to trading account
 - **Cons**: May not be available for international clients

3. **Credit/Debit Cards**
 - **Processing Time**: Instant to 1 business day
 - **Fees**: Generally low, but check with your card provider
 - **Availability**: Limited to certain regions
 - **Limits**: Varies by card issuer
 - **Pros**: Fast and convenient
 - **Cons**: Potential for higher fees on international transactions

4. **E-Wallets**
 - **Processing Time**: Instant
 - **Fees**: Usually low
 - **Availability**: Varies by country
 - **Limits**: Depends on the e-wallet service
 - **Pros**: Quick access to funds
 - **Cons**: Limited options compared to traditional methods

5. **Cryptocurrency**
 - **Processing Time**: Varies based on network congestion
 - **Fees**: Transaction fees apply
 - **Availability**: Limited
 - **Limits**: Depends on the cryptocurrency used
 - **Pros**: Potentially lower fees
 - **Cons**: High volatility and regulatory uncertainties

### Supported Currencies
CICC primarily supports the Chinese Yuan (CNY) for deposits. Other currencies may be accepted depending on the method used, particularly for international clients.

### Recommended Methods
- **For Speed**: Credit/Debit Cards or E-Wallets
- **For Security**: Bank Transfer
- **For Low Fees**: Bank-Securities Transfer

## CICC Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log into Your Account**: Access your CICC trading account via the web or mobile app.
2. **Navigate to the Deposit Section**: Find the 'Deposit' option in your account dashboard.
3. **Select Your Deposit Method**: Choose from the available methods (e.g., bank transfer, card).
4. **Enter Deposit Amount**: Specify how much you wish to deposit.
5. **Confirm and Submit**: Review the details and confirm the transaction.

### Mobile vs Web Differences
The mobile app offers a streamlined deposit process, often with fewer steps than the web platform. However, both platforms maintain similar functionality regarding deposit methods.

### KYC Notes and Common Issues
CICC may require you to complete Know Your Customer (KYC) verification before processing your deposit. Common issues include:
- **Insufficient Documentation**: Ensure all required documents are submitted.
- **Bank Rejections**: Confirm with your bank that the transaction complies with their policies.
- **Currency Conversion Issues**: Be aware of potential fees when converting foreign currencies.

### Typical Fund Crediting Times
Deposits via bank transfer typically take 1-3 business days to reflect in your account. E-wallets and credit card deposits are usually instant.

## CICC Withdrawal Methods Overview

### Available Withdrawal Channels
1. **Bank Transfer (SWIFT)**
 - **Processing Time**: 1-3 business days
 - **Fees**: Low; may vary by bank
 - **Limits**: Varies based on account type
 - **Pros**: Secure and widely accepted
 - **Cons**: Slower processing times

2. **Bank-Securities Transfer**
 - **Processing Time**: 1-2 business days
 - **Fees**: Varies by bank
 - **Limits**: Subject to bank policies
 - **Pros**: Direct transfer to bank account
 - **Cons**: Availability may be limited

### Recommended Options
- **For Speed**: Bank-Securities Transfer
- **For Cost**: Bank Transfer

## CICC Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log into Your Account**: Access your CICC trading account.
2. **Navigate to the Withdrawal Section**: Find the 'Withdraw' option in your dashboard.
3. **Select Your Withdrawal Method**: Choose from the available methods (e.g., bank transfer).
4. **Enter Withdrawal Amount**: Specify how much you wish to withdraw.
5. **Confirm and Submit**: Review the details and confirm the transaction.

### ID Verification Requirements
CICC may require identity verification for withdrawals, especially for larger amounts. Ensure you have your identification documents ready to expedite this process.

### Expected Fund Arrival Time
Funds typically arrive in your bank account within 1-3 business days after the withdrawal request is processed.

### Typical Delay Reasons and Fixes
- **Incomplete Verification**: Ensure all documents are submitted correctly.
- **Bank Processing Delays**: Check with your bank for any issues on their end.
- **Currency Conversion Delays**: Be aware of potential delays when withdrawing in a different currency.

## FAQs – CICC Deposits & Withdrawals

### What is the minimum deposit for CICC?
The minimum deposit for CICC is **$0**.

### How long do withdrawals take?
Withdrawals typically take **1-3 business days** to process.

### Are there fees for deposits or withdrawals?
Fees may apply depending on the deposit or withdrawal method chosen. Bank transfers generally incur low fees.

### Can the same method be used for both?
Yes, most methods can be used for both deposits and withdrawals, although availability may vary.

### Are crypto or local methods supported?
CICC supports cryptocurrency deposits, but local methods may vary based on regional regulations and availability.

CICC

CICC

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