HUISHANG FUTURES Forex Broker

Huishang Futures Forex Broker - Complete Information Guide

1. Broker Overview

　　Huishang Futures Co., Ltd., established in 1996, is a prominent futures brokerage firm based in Hefei, Anhui Province, China. As a subsidiary of Huishang Bank, one of the largest banks in China, Huishang Futures operates with a strong foundation in the financial sector. The company primarily serves the Chinese market, catering to both retail and institutional clients, and has built a reputation for its comprehensive range of financial services.

　　Since its inception, Huishang Futures has experienced significant growth, with a client base that has expanded to over 189,000 individuals. The firm has achieved a remarkable trading volume, surpassing 257 million lots in 2020 alone. Over the years, it has been recognized as one of the top 10 futures companies in China in terms of both trading volume and income.

　　Huishang Futures focuses on providing a variety of services, including futures brokerage, asset management, and investment consulting. It aims to deliver professional financial services and has developed a robust business model that emphasizes client satisfaction and market expertise. This commitment to quality service has allowed the broker to capture opportunities in the rapidly evolving futures market, establishing itself as a trusted name among traders.

2. Regulatory and Compliance Information

　　Huishang Futures is regulated by the China Financial Futures Exchange (CFFEX), which is the primary regulatory body overseeing futures trading in China. The broker holds a valid futures license issued by CFFEX, ensuring compliance with the stringent regulations governing the financial sector in the country.

　　The regulatory license number for Huishang Futures is 0187, and it operates under the legal entity recognized within China. The firm adheres to strict policies regarding the segregation of client funds, ensuring that investor capital is protected and maintained separately from the companys operational funds.

　　In terms of investor protection, Huishang Futures does not currently participate in any investor compensation schemes, which means that clients must be aware of the inherent risks involved in trading with the broker. The company upholds Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are essential for maintaining the integrity of its operations and preventing fraud.

3. Trading Products and Services

　　Huishang Futures offers a diverse range of trading products to meet the needs of its clients. The broker provides access to various forex currency pairs, including major, minor, and exotic currencies. In addition to forex trading, clients can engage in Contracts for Difference (CFDs) across multiple asset classes, including:

• Indices: Major stock market indices.
• Commodities: Agricultural products, metals, and energy resources.
• Stocks: A variety of stocks available for trading.
• Cryptocurrencies: Participation in the growing digital asset market.

　　The broker is committed to regularly updating its product offerings, ensuring that clients have access to the latest trading opportunities. Huishang Futures also provides retail trading services, catering to individual traders, while also extending its services to institutional clients, including asset management and investment consulting.

　　Furthermore, Huishang Futures offers white label solutions for businesses looking to enter the trading space, along with tailored asset management services for high-net-worth individuals and institutional investors.

4. Trading Platforms and Technology

　　Huishang Futures does not support the widely popular MetaTrader 4 or 5 trading platforms. Instead, the broker has developed its own proprietary trading platform, designed to cater to the specific needs of its clients. The platform is user-friendly and offers various features to enhance the trading experience.

　　In addition to the desktop trading solution, Huishang Futures provides a web-based trading platform that allows clients to trade directly through their browsers without the need for software installation. The broker also offers mobile trading applications compatible with both iOS and Android devices, enabling clients to manage their trades on the go.

　　The execution model employed by Huishang Futures includes Market Making and STP (Straight Through Processing), ensuring efficient trade execution. The broker's technological infrastructure is robust, with servers located strategically to minimize latency and provide fast order execution.

　　For clients interested in automated trading, Huishang Futures supports API access, allowing traders to implement algorithmic trading strategies seamlessly.

5. Account Types and Trading Conditions

　　Huishang Futures offers multiple account types to accommodate the diverse needs of its clients. The standard account conditions include:

• Minimum Deposit: Varies depending on the account type.
• Spreads: Competitive spreads are offered, with rates dependent on the specific trading instruments.
• Commission: Commissions range from CNY 1 to 5 per lot, depending on the asset traded.

　　In addition to standard accounts, Huishang Futures provides advanced account types, such as VIP and professional accounts, which offer enhanced features and benefits for high-volume traders. The broker also offers Islamic accounts for clients who require compliance with Sharia law.

　　For those looking to practice their trading strategies, Huishang Futures provides a demo account option, allowing users to familiarize themselves with the trading platform and market conditions without risking real capital.

　　Leverage ratios at Huishang Futures vary by product, with higher leverage available for certain instruments. The minimum trade size is set at a manageable level, making it accessible for both new and experienced traders. Additionally, the broker has clear policies regarding overnight fees, which are applicable to positions held beyond the trading day.

6. Fund Management

　　Huishang Futures supports a variety of deposit methods to facilitate client transactions. These methods include:

• Bank Transfers
• Credit Cards
• E-Wallets

　　The minimum deposit requirement varies based on the account type selected. For standard accounts, the deposit is relatively low, making it accessible for new traders. Deposits are typically processed within a short timeframe, allowing clients to start trading quickly.

　　Regarding withdrawal methods, Huishang Futures offers several options, but clients should be aware of any potential withdrawal limits and processing times that may apply. The broker aims to process withdrawal requests promptly, ensuring that clients have access to their funds when needed.

　　Withdrawal fees are structured transparently, with clients informed in advance of any applicable charges. The overall fund management policies are designed to ensure a smooth and efficient transaction experience for all clients.

7. Customer Support and Educational Resources

　　Huishang Futures prides itself on providing exceptional customer support. The broker offers various support channels, including:

• Phone
• Email
• Live Chat
• Social Media

　　Customer support is available during regular business hours, and the team is trained to assist clients with any inquiries related to their accounts or the trading process. The broker also provides multilingual support, catering to a diverse client base.

　　To enhance the trading experience, Huishang Futures offers a range of educational resources, including:

• Webinars
• Tutorials
• E-books

　　These resources are designed to help traders improve their skills and knowledge, ensuring they are well-equipped to make informed trading decisions. Additionally, the broker provides market analysis services, offering daily insights, news, and research reports to keep clients updated on market trends.

　　Trading tools, such as calculators and economic calendars, are also available to assist clients in their trading activities.

8. Regional Coverage and Restrictions

　　Huishang Futures primarily serves the Chinese market, with its operations based in Hefei, Anhui Province. The broker has established a presence across various regions in China, catering to a wide range of clients from different backgrounds.

　　However, it is important to note that Huishang Futures may not accept clients from certain countries due to regulatory restrictions. Potential clients are encouraged to check the broker's website or contact customer support for the most up-to-date information regarding regional restrictions.

　　In summary, Huishang Futures is a reputable broker with a strong regulatory framework, diverse trading products, and a commitment to customer service. Its focus on the Chinese market positions it as a key player in the futures brokerage industry, catering to both retail and institutional clients.