MINSHENG FUTURES Forex Broker

MINSHENG FUTURES Review SummaryFounded1996Registered Country/RegionChinaRegulationChina Financial Futures Exchange Co. Ltd. (CFFEX)Market InstrumentsEquity Futures, Commodity Futures, Currency Futures, Options, CFDsDemo AccountYesLeverageUp to 1:10SpreadStarting at 0.10 points for equity futuresTrading PlatformMinsheng Futures APPMin DepositRMB 10,000MINSHENG FUTURES Information MINSHENG FUTURES is a forex and CFD broker that offers online trading services to traders from around the globe. It is regulated by the China Financial Futures Exchange Co. Ltd. (CFFEX). There are two main types of accounts that are on offer at MINSHENG FUTURES: Standard ECN Islamic. Traders can access many financial instruments such as Equity Futures, Commodity Futures, Currency Futures, Options, and CFDs, with competitive spreads starting at 0.10 points for equity futures.Pros and ConsProsConsRegulated by the China Financial Futures Exchange Co. Ltd. (CFFEX)Commissions apply to ECN accountsOffers two account types and a demo accountLimited customer support methodsOffers competitive spreads start at 0.10 pointsLimited information on trading feesIs MINSHENG FUTURES Legit? MINSHENG FUTURES operates under the strict regulatory oversight of the China Financial Futures Exchange Co. Ltd. (CFFEX), with a license number of 0149.What Can I Trade on MINSHENG FUTURES? On MINSHENG FUTURES, you can trade many assets, including equity futures, commodity futures, currency futures, options, and CFDs.Tradable InstrumentsSupportedCFDs✔Equity futures✔Commodity futures✔Currency futures✔Options✔Shares❌Metals❌Account Type MINSHENG FUTURES offers three different account types. Standard Account offers a maximum leverage of 5:1 for equity futures and 1:10 for commodity futures with a minimum deposit of RMB 10,000 (USD 1,500) and competitive spreads, starting at 0.10 points for equity futures. ECN Account has a minimum deposit of RMB 50,00, and the maximum leverage is 10:1 for equity futures and 2:1 for commodity futures. Islamic Account offers the same features as the standard account, but it is swap-free. The minimum deposit is RMB 10,000.Account TypeMinimum DepositMaximum LeverageEquity Futures SpreadCommodity Futures SpreadStandardRMB 10,000 (USD 1,500)1:50.10 points0.10 pointsECNRMB 50,000 (USD 7,500)1:20.05 points0.05 pointsIslamicRMB 10,000 (USD 1,500)1:50.10 points0.10 pointsMINSHENG FUTURES Fees Trading Fees MINSHENG FUTURES offers competitive spreads and commissions across its various account types and instruments.Spread starts at 0.10 points for equity futures, with a higher tighter spreads for ECN accountsNo commission charges apply to the Standard Account, whereas ECN accounts charge a commission per trade. Non-Trading Fees Overnight Interest Fees (Swaps):The swap rate is different between the traded instrument and the current market interest rates. Islamic accounts are swap-free.MINSHENG FUTURES Leverage MINSHENG FUTURES offers different leverage levels based on the chosen account type. You can refer to the table below.Account TypeLeverage for equity futuresLeverage for commodity futuresStandard Account1:51:10ECN Account1:21:10Islamic Account1:51:10Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMinsheng Futures APP✔MobileInvestors of all experience levelsInfinite Easy (Pro Professional Edition)✔MobileInvestors of all experience levels