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ZHESHANG Forex broker specializes in providing foreign exchange trading services, the company's official website https://cnzsqh.cfmmc.com/, the company's legitimate regulatory information ChinaCFFEXFutures License, to enhance the security of the company's address 浙江省杭州市西湖区天目山路198号财通双冠大厦东楼9-12层.

ZHESHANG Forex Broker

Basic information

Registered region
China
Operating period
--
Company Name
浙商期货有限公司
Abbreviation
ZHESHANG
Company employee
--
Customer Service Email Address
zsqh@cnzsqh.com
Company website
Company address
浙江省杭州市西湖区天目山路198号财通双冠大厦东楼9-12层
Keywords
5-10 years
Regulated in China
Futures License
Suspicious Scope of Business
Medium potential risk

Company profile

ZHESHANG Review SummaryFounded1995Registered Country/RegionChinaRegulationCFFEXMarket InstrumentsCommodities, Shares, Bonds, Futures and optionsDemo Account❌Trading PlatformZhe Shang APP, Zhe Shang Caixin APP, Hang Seng Online Trading System 5.0 (Fens) version, Bo Yi Master Lightning Hand...Min Deposit/Customer SupportEmail: zsqh@cnzsqh.comPhysical Address: Floor 9-12, East Building, Caitong Shuangguan Building, No. 198 Tianmushan Road, Xihu District, Hangzhou City, Zhejiang Province ZHESHANG is a financial broker registeredin China in 1995. It offers five types of trading instruments and supports trading through multiple platforms. In addition, ZHESHANG operates under legal regulation and strictly complies with legal requirements.Pros and ConsProsConsMultiple platforms supportLack of detailed info on feesLegal regulationMultiple trading choicesLong history of operationIs ZHESHANG Legit? ZHESHANG holds a futures license, issued by the China Financial Futures Exchange, with a license number of 0009, which indicates that this broker operates under strict laws.Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberChina Financial Futures Exchange (CFFEX)ZHESHANG FuturesFutures License0009What can I trade on ZHESHANG? ZHESHANG provides multiple financial service, which mainly includes Commodities (agricultural products, industrial products), Shares, Bonds (Macro Treasury Bonds), Futures and options.Tradable InstrumentsSupportedForex❌Commodities✔Options✔Indices❌Cryptocurrencies❌Stocks✔Bonds✔Mutual Funds❌Futures✔How to Open an Account on ZHESHANG? Opening an account in ZHESHANG is fairly complex and you need to follow these steps: (1) Visit the website and click [Online Account Opening] to enter the online account opening processing page; (2) Fill in your ID number and graphic verification code, and click [Next]. You will need to enter your mobile phone number to register and log in to obtain a verification code; (3) Upload your ID card and your handwritten signature; (4) Complete other details; (5) Complete the [Investor Risk Assessment Questionnaire]; (6) Choose your prefered Future Exchanges; (7) Video verification; (8) Set the digital certificate password and install it; (9) Sign Agreement; (10)Completes the [Return Questionnaire]; (11) Click Application Submission.Trading Platform ZHESHANG offers various trading platforms based on the products you choose. The platforms includes Zhe Shang APP, Zhe Shang Caixin APP, Hang Seng Online Trading System 5.0 (Fens) version, Bo Yi Master Lightning Hand, Yi Sheng Polaris, Fuyuan Online Quotation System Hang Seng version, Yi Sheng V8 Client, Wenhua WH6 Winshun Trading Software, Yi Sheng V8 Institutional Client, Yi Sheng Polaris 9.3.32 Internal and External Arbitrage Client, and Zhe Shang Futures MC9.1 Client. The client of ET Net, MC9 of Zheshang Futures, and CTP products of Pathfinder Flagship Edition, etc.Deposit and Withdrawal ZHESHANG provides different deposit and withdrawal methods.Clients who have applied for bank transfer can access their funds through telephone banking, futures trading software, and online banking. The supporting banks include ICBC, ABC, BOC, CCB, SPDB, CITIC, CMB, IBK, CMBC, Everbright, and Ping An Bank.Institutional clients and individual clients who haven't applied for bank futures transfers can make deposits by filling out a deposit voucher.

Rating Index

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Latest Reviews

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Hong Kong

Zhejiang Commercial Futures was established in 1995, headquartered in Hangzhou, with a registered capital of 1.371 billion yuan. It is a state-owned holding enterprise under Zhejiang Provincial Transportation Investment Group. It has AA-level futures company qualifications and its comprehensive strength ranks among the top ten in the industry. The company's business covers commodity futures, financial futures, asset management, and risk management, and has 24 branches and 8 subsidiaries nationwide, forming a service network that radiates economically developed cities. As an industry benchmark, Zhejiang Commercial Futures is based on compliant operations and pays attention to risk management and technological innovation. Its independently developed "Enterprise Intelligence" digital platform provides full-process risk management solutions for physical enterprises through an investment research integration model, and its related achievements have won the Financial Technology Development Award. In terms of serving the real economy, the company has innovatively launched the "Insurance + Futures" model, providing more than 6 billion yuan in risk protection for farmers in 17 provinces, and helping optimize the industrial chain through mechanisms such as "delivery first, price later". At the technical level, Zhejiang Commercial Futures provides multiple trading systems, including the CTP system that supports high-frequency trading, options strategy tools, and mobile apps, to meet the needs of different investors. The research team covers fields such as energy, chemicals, and agricultural products, and has won the title of outstanding analyst team from the exchanges multiple times. In recent years, the company has won honors such as "Annual Excellent Futures Institution" and "Best Rural Revitalization Service Award", and was selected as a leading enterprise in the service industry in Zhejiang Province in 2024. It should be noted that Zhejiang Commercial Futures has been subject to regulatory penalties in the past due to system access management issues. However, it has gradually restored its industry position through strengthening risk control systems and compliance construction. Overall, with its state-owned background, professional research capabilities, and innovative services, it is suitable for investors who focus on risk control and industrial services. However, high-frequency traders need to pay attention to the cost structure of transaction fees.

Neutral

04-03

往日的回忆

往日的回忆

Hong Kong

The platform brags about their teachers and asks clients to buy position largely without setting the stop-loss price.

Exposure

2020-02-22

FX2603304482

FX2603304482

Hong Kong

I knew this platform accidentally. Though I have never traded before, I did made some money by trading stock with the help of the master. With his promise that I could make profits, even multiple within one week, so I said yes. He urged me to open an account as soon as possible. Having considered overnight, I opened an account and deposited a half of my savings these years, 340000 RMB, into the account. However, with the master’s several guidance,I made huge loss. He tried to comfort me and promised to earn my money back double. But I made a constant losses of 290,000 RMB within a week.The master didn’t give me a reasonable explanation but urged me to add fund to earn my losses back,which made me disilluded totally.Having refused to add more and stopped the trade, I was removed out of the group immediately. I tried to contact the master, got no reply, and was deleted and blacklisted by him later.

Exposure

2020-01-09

ZHESHANG Forex Broker has an overall rating of 7.79, Regulatory Index 7.83, License Index 7.83, Business Index 7.46, Software Index 7.05 Risk Control Index 8.90.