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SHENYIN & WANGUO Review SummaryFounded2007Registered Country/RegionChinaRegulationCFFEXMarket InstrumentsCommodity Futures, Financial Index Futures, Bond Futures, Commodity Options, Financial Index Options, ETF Options, Spot ETFsDemo Account✅Trading PlatformShenwan Futures APP, Boyi Cloud, Fast Trading Terminal v2, Shenyin Wanguo Futures Unlimited EasyMinimum Deposit/Customer SupportTel: 021-5058-8811Fax: 021-5058-8822SHENYIN & WANGUO Information ShenYin & WanGuo, formed in 2007, is a Chinese futures broker with license No. 0131 from the China Financial Futures Exchange. It provides a wide range of futures, options, and spot market services, as well as advanced platforms for retail and institutional traders.Pros and ConsProsConsRegulated by CFFEXPrimarily focused on the Chinese domestic marketWide range of tradable instrumentsComplex fee structureMultiple professional trading platformsIs SHENYIN & WANGUO Legit? Yes, SHENYIN & WANGUO is regulated. It is the holder of a Futures License from the China Financial Futures Exchange (CFFEX), license number 0131. This demonstrates that the corporation is subject to formal regulatory control in China for futures-related operations.What Can I Trade on SHENYIN & WANGUO? ShenYin & WanGuo offers a lot of different trading products, like futures, options, and spot contracts, on a lot of Chinese exchanges. Clients can trade commodities, financial indices, metals, energy, agricultural products, and ETFs.Tradable InstrumentsSupportedCommodity Futures✔Financial Index Futures✔Bond Futures✔Commodity Options✔Financial Index Options✔ETF Options (Shanghai/Shenzhen)✔Spot ETFs✔Forex×Stocks×Cryptocurrencies×SHENYIN & WANGUO Fees Overall, SHENYIN & WANGUO's fees are deemed moderate when compared to industry standards. Transaction costs vary per product and exchange, although they generally follow the standard prices established by Chinese futures markets. However, some instruments have special offers, such as waived closure fees, which may reduce costs for active traders.Fee TypeTypical Charge ExampleTransaction Fee (Futures)0.25% – 1.15% of transaction amount OR fixed ¥5–¥100/lotDelivery Fee (Futures)¥2 – ¥200 per lotTransaction Fee (Options)¥1 – ¥75 per lotExecution/Performance Fee (Options)¥2.5 – ¥750 per lotETF Options Fee¥8 per lot (buy/sell open/close), ¥10 execution feeETF Spot Fee0.003045 of transaction amountTrading PlatformTrading PlatformSupportedAvailable DevicesShenwan Futures APP✔iOS, AndroidBoyi Cloud✔WindowsFast Trading Terminal v2✔WindowsShenyin Wanguo Futures Unlimited Easy✔Windows
SHENYIN & WANGUO broker review