HUISHANG FUTURES Forex Broker

HUISHANG FUTURES Review SummaryFounded2009-10-21Registered Country/RegionChinaRegulationRegulatedMarket InstrumentsCommodity futures, financial futures, and optionsSimulation✅Trading PlatformFast Trading V2, V3, Wenhua Ying Shun WH6, Huishang Financial News, and Huishang e-Home (available on both computer and mobile platforms)Customer Support400 887 87070551-62865905, 62865867Online ChatHUISHANG FUTURES Information As an established futures company in China, Huishang Futures Co., Ltd., relying on its digital intelligent platform and comprehensive service system, provides investors with diverse trading options covering commodity futures, financial futures, and options. Its business scope covers multiple fields such as futures brokerage, asset management, and investment consultation.Pros and ConsPros Cons RegulatedLimited coverage of business regionsAn established futures companyLimited international businessDigital intelligent platformA sound service systemIs HUISHANG FUTURES Legit? Huishang Futures is a legal and compliant futures company. Huishang Futures Co., Ltd. is supervised by the China Financial Futures Exchange (CFFEX). Its supervision number is 0187, which ensures the safety of futures trading.What Can I Trade on HUISHANG FUTURES? On the platform of Huishang Futures, investors can trade various futures and option varieties. For commodity futures, they include silver, aluminum, gold, etc. of the Shanghai Futures Exchange; No.1 Yellow Soybean, coke, etc. of the Dalian Commodity Exchange; crude oil, No.20 Rubber, etc. of the Shanghai International Energy Exchange. For financial futures, they cover futures varieties such as the CSI 500 Stock Index, the CSI 300 Stock Index, 5-year Treasury Bonds, etc., of the China Financial Futures Exchange. Investors can also choose many option contracts, involving cotton options, soybean meal options, crude oil options, stock index options, etc.Tradable Instruments Supported Commodity futures✔Financial futures✔Options✔Account Type Huishang Futures offers various account types, including individual accounts mainly used for personal futures investment and trading, and institutional accounts that are targeted at corporate investors such as enterprises and financial institutions. The institutional accounts support enterprises in carrying out various investment operations such as hedging and arbitrage.HUISHANG FUTURES Fees The fees of Huishang Futures mainly include handling fees and margin. The handling fees are charged in two ways: by amount and by lot. For example, for the apple futures of the Zhengzhou Commodity Exchange, the opening of a position is charged 20 yuan per lot, and the closing of an intraday position is charged 80 yuan; for methanol, the opening handling fee is charged at 0.0004 of the transaction amount.In addition, the company's default margin standard is higher than the exchange standard. For contracts such as the silver futures AG2506-AG2604, the exchange standard margin is 0.130, and the company's default standard is 0.190.Trading Platform Huishang Futures provides investors with computer-based trading software, such as Fast Trading V2, V3, Wenhua Ying Shun WH6, Boyi Cloud, Yisheng, etc. Investors can also flexibly choose mobile trading software, including Huishang Financial News, Huishang e-Home, Huishang Mobile Wealth, etc.Deposit and WithdrawalCategoryMethodTimeDeposit MethodBank-Futures Transfer System9:00-15:30 on trading days; 21:00 - 02:30 for some banksManual Deposit8:30-16:00It is required to transfer funds through the same bank as the registered bank account (such as a telegraphic transfer or online banking).Withdrawal MethodBank-Futures Transfer System9:01-15:30 on trading days (not available during the night trading session)Manual WithdrawalContact the customer managerFill in the “Withdrawal Application Form.” For large amounts (＞ 1 million yuan), a telephone appointment is required; for special circumstances, a separate application is required.