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.
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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