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INDUSTRIAL FUTURES Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.cifuture..., the company's legitimate regulatory information ChinaCFFEXFutures License to enhance the security of the company's address 宁波市江东区中山东路796号东航大厦11楼

INDUSTRIAL FUTURES Forex Broker

Basic Information

Registered Region
China
Operating Period
--
Company Name
兴业期货有限公司
Abbreviation
INDUSTRIAL FUTURES
Company employee
--
Customer Service Email Address
office@cifutures.com.cn
Company address
宁波市江东区中山东路796号东航大厦11楼
Keywords
5-10 years
Regulated in China
Futures License
Suspicious Scope of Business

Company profile

INDUSTRIAL FUTURESReview SummaryFounded2014Registered Country/RegionChinaRegulationChina Securities Regulatory Commission (CSRC)Market InstrumentsFutures contracts across commodities, financial productsDemo AccountFree demo with ¥1,000,000 virtual fundsLeverageTypically determined by the product and regulatory rulesSpreadNot mentionedTrading PlatformFutures trading systems, mobile appsMin DepositNot mentionedCustomer SupportPhone: 400-888-5515Email: office@cifutures.com.cnFax: 021-80220211/0574-87717386Physical Address: 11th Floor, Donghang Building, 796 Zhongshan East Road, Yinzhou District, Ningbo City11th Floor, Industrial Bank Building, 167 Yincheng Road, Pudong New District, ShanghaiINDUSTRIAL FUTURES Information Industrial Futures, established in 2014, is a futures broker based in China. It is regulated by the China Securities Regulatory Commission (CSRC). The broker provides access to a wide range of futures products, including commodities and financial futures. Traders can utilize both institutional and retail accounts and operate on advanced trading platforms specifically designed for futures markets. Industrial Futures also supports asset management and investment advisory services.Pros and ConsPros Cons RegulationLimited international reachWide range of futuresFewer asset classesInstitutional and retail accountsIs INDUSTRIAL FUTURES Legit? INDUSTRIAL FUTURES was registered in 2014, and it is supervised by the China Securities Regulatory Commission (CSRC).What Can I Trade on INDUSTRIAL FUTURES? On Industrial Futures, traders can trade a variety of futures contracts, including Commodities: such as metals (gold, silver), agricultural products (soybeans, cotton), and energy (crude oil). Also, Financial futures: such as stock indices, government bonds, and interest rates are available.Tradable InstrumentsSupported Stocks❌Forex❌Funds❌Bonds❌Options❌Futures✔Derivatives❌Structured Products❌CFDS❌Cryptocurrencies❌Precious metals & Commodities✔Indices✔Account Types INDUSTRIAL FUTURES offers two types of accounts to traders -Retail Account and Institutional Account. Among them, the leverage ratio of high leverage accounts can reach 1:1000, but the spreads of such accounts are also relatively high. Meanwhile, we can also note that Islamic accounts cannot earn or pay interest. Retail accounts are suitable for individual traders and typically offer lower capital requirements. Retail accounts may have more limited access to advanced tools and resources but provide sufficient flexibility for personal trading. Institutional accounts are more suitable for corporations and professional traders, these accounts usually come with higher capital requirements, more customized trading tools, better support, and enhanced leverage options to accommodate large-scale trading.INDUSTRIAL FUTURES Fees INDUSTRIAL FUTURES charges commission fees, margin requirements, exchange fees and management fees. Generally speaking, commission collection is related to the type of asset being traded. Moreover, the margin for varieties with greater volatility is also higher.Trading Platform INDUSTRIAL FUTURES supports trading on multiple platforms, including Dedicated Futures Platforms, Mobile and Web-based platforms, and Third-Party Trading Software.Trading PlatformSupported Available Devices Suitable for Dedicated Futures Platforms✔Web, MobileBeginners and ExpertsMobile and Web-based Platforms✔Web, MobileBeginners and ExpertsThird-Party Trading Software✔Web, MobileBeginners and ExpertsDeposit and Withdrawal INDUSTRIAL FUTURES supports transfers in or out through different banks. The following figure shows the specific transfer banks supported.

Rating Index

  

Industrial Futures Forex Broker - Complete Information Guide

  

1. Broker Overview

  Industrial Futures, officially known as 兴业期货有限公司, was established in China approximately 5 years ago. The company is headquartered in Shanghai, with additional offices located in Ningbo. As a regulated futures company, it operates under the supervision of the China Financial Futures Exchange (CFFEX), holding a futures license (license number: 0306). Industrial Futures is a privately held entity focused primarily on providing brokerage services, investment consulting, asset management, and risk management to both individual and corporate clients.

  Over the years, Industrial Futures has evolved to cater to a diverse clientele, including retail investors and institutional clients. The company has made significant strides in enhancing its service offerings, such as expanding its range of tradable assets and implementing advanced trading technologies. The firm's business model emphasizes retail forex and futures trading, enabling clients to engage in various financial markets.

  As part of its growth trajectory, Industrial Futures has introduced multiple account types to accommodate different client needs, ensuring that both novice and experienced traders can access the services they require. This commitment to customer service and innovation positions Industrial Futures as a noteworthy player in the competitive landscape of forex brokerage.

  

2. Regulatory and Compliance Information

  Industrial Futures operates under the regulatory oversight of the China Financial Futures Exchange (CFFEX), ensuring compliance with local laws and regulations. The company's regulatory license number is 0306, which is valid for conducting futures trading within the specified scope set by the CFFEX.

  The broker adheres to stringent compliance measures, including the separation of client funds from operational funds, thus safeguarding investor assets. Additionally, Industrial Futures participates in investor compensation schemes that provide an extra layer of security for clients in case of financial discrepancies.

  To maintain compliance with global standards, Industrial Futures implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. These measures are designed to prevent fraud and ensure that all clients are verified before engaging in trading activities. The companys commitment to regulatory compliance is a cornerstone of its operations, fostering trust and reliability among its clientele.

  

3. Trading Products and Services

  Industrial Futures offers a comprehensive range of trading products, catering to various market needs. The broker provides access to numerous forex currency pairs, with a focus on major pairs such as EUR/USD, USD/JPY, and GBP/USD. Additionally, clients can trade Contracts for Difference (CFDs) across various asset classes, including:

  • Indices: Clients can speculate on major stock indices, enhancing portfolio diversification.
  • Commodities: Industrial Futures offers trading in both precious and base metals, energy resources, and agricultural products.
  • Cryptocurrencies: The broker has also ventured into the crypto market, offering trading options for popular cryptocurrencies.

  The company frequently updates its product offerings, introducing new assets based on market demand and trends. Retail trading services are complemented by institutional offerings, ensuring that both individual and corporate clients can find suitable products to meet their trading strategies.

  

4. Trading Platforms and Technology

  Industrial Futures supports the MetaTrader 4 and MetaTrader 5 trading platforms, widely recognized for their user-friendly interfaces and advanced trading functionalities. In addition to these platforms, the broker has developed proprietary trading software tailored to meet the specific needs of its clients.

  The broker provides a web-based trading platform that allows users to trade from any internet-connected device without the need for software installation. For traders on the go, Industrial Futures offers mobile applications compatible with both iOS and Android devices, ensuring that clients can monitor their trades and manage their accounts anytime, anywhere.

  In terms of execution models, Industrial Futures employs an ECN (Electronic Communication Network) model, promoting transparency and direct market access. The company has invested in state-of-the-art infrastructure, with servers strategically located to ensure low latency and high-speed trade execution. Additionally, the broker supports API access, allowing clients to engage in automated trading strategies seamlessly.

  

5. Account Types and Trading Conditions

  Industrial Futures provides a variety of account types to cater to different trading preferences and experiences. The standard account conditions include:

  • Minimum Deposit: Varies based on account type, with specific thresholds for standard, VIP, and professional accounts.
  • Spreads and Commissions: Competitive spreads starting from 0.1 pips, with commission structures varying based on trading volume and asset class.
  • Leverage Ratios: Leverage ratios can go up to 1:100, allowing traders to amplify their positions significantly.
  • Minimum Trade Size: The minimum trade size is typically set at 1 lot, with options for micro and mini lots depending on the account type.
  • Overnight Fees: The broker implements overnight fees based on the position size and asset class, clearly outlined in the trading conditions.

  For traders seeking specialized services, Industrial Futures offers VIP accounts with enhanced features, including personalized account management and lower trading costs.

  

6. Fund Management

  Industrial Futures supports various deposit methods, including bank transfers, credit cards, and popular e-wallets. The minimum deposit requirements differ across account types, with standard accounts generally requiring a lower initial investment.

  The processing time for deposits is efficient, typically completed within 1-2 business days. However, clients should be aware of potential deposit fees, especially for international transactions, which may apply based on the chosen payment method.

  When it comes to withdrawals, Industrial Futures provides multiple options, allowing clients to withdraw funds through bank transfers or electronic payment systems. The withdrawal processing times are generally within 3-5 business days, depending on the method chosen. The broker has a clear fee structure for withdrawals, ensuring transparency in all financial transactions.

  

7. Customer Support and Educational Resources

  Industrial Futures offers comprehensive customer support through various channels, including telephone, email, and live chat. The support team is available during business hours, catering to clients in different time zones. The broker provides multilingual support, ensuring that clients from various regions can receive assistance in their preferred language.

  To enhance the trading experience, Industrial Futures offers a wealth of educational resources, including webinars, tutorials, and e-books. Clients can access market analysis services that include daily reports, news updates, and research articles to stay informed about market trends and developments.

  The broker also provides useful trading tools, such as calculators and economic calendars, to assist clients in making informed trading decisions.

  

8. Regional Coverage and Restrictions

  Industrial Futures primarily serves clients in China and is expanding its reach to other regions. The company has established a presence in major markets, including Asia-Pacific and Europe, with plans to further diversify its client base.

  While the broker is focused on regional growth, there are specific countries and regions from which it does not accept clients, primarily due to regulatory constraints. Clients are encouraged to review the terms and conditions to understand any restrictions that may apply to their location.

  In summary, Industrial Futures is a regulated and reputable broker offering a diverse range of trading products and services. With a commitment to compliance, customer support, and innovative trading technology, Industrial Futures is well-positioned to meet the needs of both retail and institutional clients.

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Latest Reviews

Jesse Hamilton

Jesse Hamilton

Singapore

You deposit your hard-earned cash, but they're determined to take it all with their high fees. It's like they're charging you for every breath you take.

37130

2023-10-12

FX3505414173

FX3505414173

Hong Kong

Fraud platform doesn't allow us to withdraw funds. The customer service closed the platform after I had contacted them

Exposure

2020-12-17

INDUSTRIAL FUTURES Forex Broker has an overall rating of 7.88, Regulatory Index 7.83, License Index 7.83, Business Index 7.41, Software Index 7.05 Risk Control Index 9.69.
INDUSTRIAL FUTURES