Miracle China Review SummaryFounded1995Registered Country/RegionChinaRegulationRegulated by China Financial Futures ExchangeMarket InstrumentsCommodity futures, financial futures, options, CFDs, IPO advisory, wealth managementDemo AccountNot MentionedLeverageNot MentionedSpreadFrom 0.25 pointsTrading PlatformMiracle China appMin DepositNot MentionedMiracle China Information Miracle China is one of the major financial services providers in China set up in 1995. The company offers many financial products including commodity and financial futures, options, CFDs, IPO advisory, and wealth management services. The spreads start from 0.25 points, thus making them very competitive for pricing. The company makes provision for a multitude of ways to deposit and withdraw funds-one can choose a bank wire transfer or online payment methods common in their region, with a withdrawal fee of 10 RMB.Pros and ConsProsConsRegulated by China Financial Futures ExchangeWithdrawal fee of 10 RMBCompetitive spreads starting from 0.25 pointsLimited information on account typesIs Miracle China Legit? Miracle China has a Futures License regulated by China Financial Futures Exchange Co. Ltd. (CFFEX) in China with a license number of 0261.What Can I Trade on Miracle China? Miracle China provides commodity futures including crude oil, natural gas, coal, metals, agricultural products, and livestock. In addition to commodity futures, Miracle China engages in financial futures trading involving instruments such as stocks, bonds, and currencies. Additionally, Miracle China extends its services beyond traditional trading by offering IPO advisory services.Tradable InstrumentsSupportedForex✔Commodities✔Stock✔Cryptocurrency✔Shares✔Miracle China Fees Miracle China has a comprehensive fee structure. Commissions are applied to all trades, with rates contingent on the asset class and contract size. Spreads also vary based on the asset class and contract size. Margin interest is levied on all margin accounts, typically set at 5% above the one-year LIBOR rate. Additionally, overnight fees apply to positions held overnight, calculated at 0.05% of the contract value.Asset ClassContract SizeCommissionSpreadMargin InterestOvernight FeeCommodity Futures100 tonnes0.10%0.5 points5% above 1-year LIBOR0.05%Financial Futures10 contracts0.05%0.25 points5% above 1-year LIBOR0.05%Options1 contract0.10%0.5 points5% above 1-year LIBOR0.05%CFDs1 contract0.05%0.25 points5% above 1-year LIBOR0.05%Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMiracle China app✔Android and iOSInvestors of all experience levelsZang Shang Cai Fu app✔AndroidInvestors of all experience levelsTong Hua Shun Futures Gateway✔Android and iOSInvestors of all experience levelsDeposit and Withdrawal Miracle China imposes a withdrawal fee of 10 RMB for all transactions.