Miracle China Forex broker specializes in providing foreign exchange trading services, the company's official website https://shqhgs.cfmmc.com/, the company's legitimate regulatory information ChinaCFFEXFutures License, to enhance the security of the company's address 深圳市福田区深南大道1006号深圳国际创新中心（福田科技广场）A栋27层东半层A.
Miracle China Forex Broker
Basic information
China
5-10 years Regulated in China Futures License Suspicious Scope of BusinessCompany profile
Miracle 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 Cons
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Is 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 Instruments | Supported |
| Forex | ✔ |
| 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 Class | Contract Size | Commission | Spread | Margin Interest | Overnight Fee |
| Commodity Futures | 100 tonnes | 0.10% | 0.5 points | 5% above 1-year LIBOR | 0.05% |
| Financial Futures | 10 contracts | 0.05% | 0.25 points | 5% above 1-year LIBOR | 0.05% |
| Options | 1 contract | 0.10% | 0.5 points | 5% above 1-year LIBOR | 0.05% |
| CFDs | 1 contract | 0.05% | 0.25 points | 5% above 1-year LIBOR | 0.05% |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Miracle China app | ✔ | Android and iOS | Investors of all experience levels |
| Zang Shang Cai Fu app | ✔ | Android | Investors of all experience levels |
| Tong Hua Shun Futures Gateway | ✔ | Android and iOS | Investors of all experience levels |
Deposit and Withdrawal
Miracle China imposes a withdrawal fee of 10 RMB for all transactions.
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Latest Reviews
程婕维权
Hong Kong
Foreword:The truth of losses of gold forex investment unveiled! Exposure of the latest fraud! Who should you seek to after being cheated?How to do with the losses caused by the order recommendation given by teacher Zhou Kun? Exposure platform:shqhgs Product:Futures Teacher:Zhou Kun Assistant:Liu Hua Order-recommendation group:B76 Pantai Technology Promotion In this July,when I was surfing the internet,a claimed salesman of a stock recommendation agency pulled me into an exchange group,in which a teacher taught stock-related knowledge and recommended bull stocks occasionally. Also making investments in stock,I watched it for more time! After some while,I found that the teacher’s lesson was professional and stocks recommended by him almost profited.I began to...
Exposure
2019-09-11
薇11六1四3零2七1
Hong Kong
In July, a stranger pulled Ms. Zhang to a stock exchange group. Because Ms. Zhang usually does stocks on her own, she is very curious, and it is fine to listen to it. The group owner always said that everyone would exchange stocks with each other. He would send some opinions on stocks and some news in the group every day, and sometimes recommend some stocks. Ms. Zhang’s stocks, which were bought according to the recommendation of the owner Liu Hua, were all good and earned some money. After a while, Liu Hua said that stocks do not make money. It is said that now crude oil futures makes money, saying that there is no risk of it. Then she explained the futures investment in the group, and it was really good. Ms. Zhang transfers the money from the stock investment and makes investments in Shqhgs together with Liu Hua,with the teacher teaching them the operation process. On August 19th, Ms. Zhang deposited 300000 RMB. At first, she earned constant small money of hundreds of money, up to 3,000 or so at a time. Finally, she thought that this was a good opportunity to make a fortune,At the second time, she deposited more than 500000 RMB. This time, she was not so lucky,losing all money, a total of 800,000 yuan. At this time, the group was suddenly disbanded. Ms. Zhang felt that something was wrong, only to find out their trap!
Exposure
2019-09-19