SOOCHOW FUTURES Forex Broker

SOOCHOW FUTURES Review SummaryFounded2007Registered Country/RegionChinaRegulationCFFEXMarket InstrumentsFutures, Metals, Commodities, Indices, Energy, and OptionsDemo Account✅Leverage/Trading PlatformSoochow Futures APPMinimum Deposit/Customer SupportPhone: 400-680-3993, WeChatAddress: 6th Floor, 18th Floor, 19th Floor, Soochow Securities Building, No. 1208 South Xizang Road, HuangpuSOOCHOW FUTURES Information Soochow Futures, founded in 2007 and registered in China, is regulated by the China Financial Futures Exchange (CFFEX) with license number 0111. It offers a variety of tradable products, including futures, metals, commodities, indices, energy, and options. The company offers demo accounts for practice and a live trading account through its Soochow Futures APP, which is suitable for beginners and is available on desktop, mobile, and web devices.Pros and ConsProsConsRegulated by CFFEXLimited info on account featuresDemo accounts availableUnclear fee structureA variety of financial productsIs SOOCHOW FUTURES Legit? Soochow Futures is regulated by the China Financial Futures Exchange (CFFEX) and holds a futures license (license number 0111), indicating that Soochow Futures has the legal qualifications to carry out relevant business in the futures market.Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense NumberChina Financial Futures Exchange (CFFEX)RegulatedSoochow Futures Co., LtdFutures License0111What Can I Trade on SOOCHOW FUTURES? The tradable instruments of SOOCHOW FUTURES encompass a wide range of financial asset classes, including metals, commodities, indices, energy, and options.Tradable InstrumentsAvailableFutures✔Metals✔Commodities✔Indices✔Energy✔Options✔Forex❌Stocks ❌Cryptocurrencies❌Bonds❌Funds❌ETFs❌Trading Platform Soochow Futures supports trading using the Soochow Futures APP.Trading PlatformSupported Available Devices Soochow Futures APP✔Desktop, Mobile, WebDeposit and Withdrawal Deposit Process: Customers may deposit through the bank-securities transfer system on each trading day from 8:30 to 16:00. The branch must complete the 'Customer Deposit Application Form' and obtain confirmation of the funds' arrival from the finance department. Subsequently, the settlement department will enter the information into the system and confirm it. Withdrawal Process: Customers can withdraw funds through the bank-securities transfer system on each trading day from 9:05 to 15:30, with a daily cumulative withdrawal limit of no more than 3 million yuan and a maximum of five transactions. For large withdrawals, prior notification to the finance department is required to complete the necessary review and fund transfer. Afterwards, the settlement center will restore the system parameters.