NanhuaFutures Forex Broker
Basic Information
China
5-10 years Regulated in China Futures License Self-developedCompany profile
Rating Index
Nanhua Futures Broker - Complete Information Guide
1. Broker Overview
Nanhua Futures Co., Ltd., established in 1996, is a prominent futures brokerage firm headquartered in Hangzhou, China. The company operates under the regulatory framework of the China Financial Futures Exchange (CFFEX) and has expanded its presence with offices in Hong Kong, Singapore, and the USA. Nanhua Futures is publicly traded, making it one of the first futures brokerages listed on the Shanghai Stock Exchange.
Over the years, Nanhua Futures has developed a robust reputation in the financial markets, providing a wide range of services primarily to institutional, corporate, and individual clients. The firm has achieved several significant milestones, including obtaining ISO 9001:2000 certification in 2002, which reflects its commitment to quality management. Additionally, Nanhua Futures was one of the first companies to gain general clearing member status at CFFEX, reinforcing its position in the industry.
The company's business model focuses on both retail and institutional services, offering futures and options trading across various asset classes. As a well-established player in the futures market, Nanhua Futures continues to innovate and adapt to the evolving landscape of global trading, making it a noteworthy entity in the realm of futures brokerage.
2. Regulatory and Compliance Information
Nanhua Futures operates under the supervision of several regulatory bodies, primarily the China Financial Futures Exchange (CFFEX), where it holds the license number 0002. This license allows the firm to engage in trading activities related to commodity and stock options and futures.
The regulatory framework ensures that Nanhua Futures complies with strict guidelines, promoting transparency and investor protection. The firm adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are essential for maintaining the integrity of its operations.
Client funds are kept in segregated accounts, providing an additional layer of security for investors. However, it is important to note that while Nanhua Futures is regulated in China, it does not participate in any investor compensation schemes, which may pose a risk for clients in the event of financial difficulties.
The company operates through various legal entities across different regions, including its subsidiaries in Hong Kong and Singapore. Each entity is subject to local regulations, ensuring compliance with the respective financial authorities.
3. Trading Products and Services
Nanhua Futures offers a diverse range of trading products, primarily focusing on futures and options across various markets. The firm provides access to a wide array of currency pairs, including major, minor, and exotic currencies, catering to the needs of forex traders.
In addition to forex, Nanhua Futures offers Contract for Difference (CFD) products across various categories:
- Indices: Major global indices for traders looking to speculate on market movements.
- Commodities: A range of commodities including agricultural products, metals, and energy resources.
- Stocks: Opportunities for trading in stock options and futures.
- Cryptocurrencies: Although specific details on cryptocurrency offerings were not highlighted, Nanhua Futures is expected to adapt to market demands.
The firm frequently updates its product offerings, ensuring that clients have access to the latest trading instruments. Nanhua Futures also provides retail trading services, along with tailored solutions for institutional clients, including white-label options and asset management services.
4. Trading Platforms and Technology
Nanhua Futures utilizes proprietary trading platforms, primarily Infiny Trader and E Polestar, which are designed to meet the needs of its clientele. Unfortunately, the firm does not support popular trading platforms like MetaTrader 4 or MetaTrader 5, which may limit options for some traders.
The trading platforms are equipped with various features to enhance the trading experience, including real-time market data, advanced charting tools, and order execution capabilities. However, specific details regarding the functionalities of these platforms remain limited.
For mobile trading, Nanhua Futures offers applications compatible with both iOS and Android devices, allowing traders to manage their accounts on the go. The firm employs an ECN execution model, which facilitates direct market access and improves trade execution speed.
Nanhua Futures has invested in robust technical infrastructure, with servers located in key financial hubs to ensure low latency and high reliability. Moreover, the firm supports API access, enabling automated trading strategies for tech-savvy clients.
5. Account Types and Trading Conditions
Nanhua Futures does not offer a variety of account types; instead, it maintains a standard account structure for all clients. The minimum deposit requirement is set at 100 RMB, making it accessible for a wide range of traders.
Key trading conditions include:
- Spreads: Competitive spreads are offered, although specific figures were not disclosed in the available information.
- Commissions: The broker operates on a commission-free model for certain products, enhancing cost-effectiveness for traders.
- Leverage: The leverage ratios vary depending on the asset class, with specifics not detailed in the available resources.
- Minimum Trade Size: The minimum trading lot size is typically one contract, although this may vary by product.
- Overnight Fees: Information regarding overnight fees was not specified, indicating a need for potential clients to inquire further.
Nanhua Futures does provide a demo account option, allowing new traders to practice their strategies without risking real capital.
6. Fund Management
Nanhua Futures offers various deposit methods to facilitate client transactions, including:
- Bank Transfers
- Credit Cards
- E-Wallets: Such as Alipay and WeChat Pay.
The minimum deposit requirement is 100 RMB for standard accounts, while the processing time for deposits is generally swift, typically completed within one business day.
Withdrawal methods include bank transfers and online payment systems. The minimum withdrawal amount is set at 50 RMB, ensuring that clients can access their funds with relative ease. Withdrawal processing times may vary, but clients can generally expect their requests to be processed within a few days.
Nanhua Futures does not charge any fees for deposits, but withdrawal fees may apply, depending on the method chosen. Clients are encouraged to review the fee structure carefully before initiating transactions.
7. Customer Support and Educational Resources
Nanhua Futures provides multiple channels for customer support, including:
- Telephone Support: Clients can reach out via the hotline 0571-81727111.
- Email Support: Available at nhoverseas@nawa.com.
- Live Chat: Currently, there is no live chat option.
The firm operates within the China Standard Time (CST), and support is primarily offered in Chinese, which may pose challenges for non-Chinese speaking clients.
Educational resources include webinars, tutorials, and market analysis reports, aimed at enhancing traders' knowledge and skills. Nanhua Futures also provides daily market analysis and research reports to keep clients informed about market trends and opportunities.
Trading tools such as calculators and economic calendars are available to assist traders in their decision-making processes.
8. Regional Coverage and Restrictions
Nanhua Futures primarily serves the Chinese market, with a significant focus on institutional and retail clients within the region. The firm has established offices in Hong Kong and Singapore, expanding its reach into international markets.
However, Nanhua Futures does not accept clients from certain jurisdictions due to regulatory restrictions. Specific countries or regions that may be excluded from their services were not detailed in the available information.
Overall, Nanhua Futures continues to adapt to the changing landscape of global trading, aiming to provide a comprehensive suite of services to its clients while maintaining compliance with regulatory standards.
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Latest Reviews
文韬法援
Hong Kong
Nanhua Futures fraud platform,in which teachers made me lose money constantly. Is the platform really regular?Do your teachers really want to tale you to earn money? Those so-called global,group,gold business,international platforms,etc.,just rent abroad server and license,which are legal only in abroad not domestic.Currently,there is no regulatory authority in domestic.These platform are in a “grey zone”,hovering in regulated and unregulated. In this June,I received a phone call from their salesman,who constantly recommended stocks for me. At first, I turn my back on it.But he constantly contacted me and even added me through Wechat,saying that I didn’t need to follow their operation,just keep an eye on.I just treated them as a reference to see whether they were predictable.But who could have ever imagined that I have fallen into their pitfalls.At the beginning,they gave me stock to follow with posting the intraday ticket in their momentum everyday.
Exposure
2019-09-04
N@sophia6874
Hong Kong
I have been trading with Nanhua Futures for about two years. I really like their research reports. However, I find their fee structure a bit confusing. There are different fees for different types of trades.
37130
06-09