CHINA FUTURES Review 1
Unablce to withdraw. The platform is unreliable. Unablce to withdraw. The platform is unreliable.


CHINA FUTURES Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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Software Index
Unablce to withdraw. The platform is unreliable. Unablce to withdraw. The platform is unreliable.
Summary:
China Futures has garnered a mixed reputation in the forex brokerage landscape, with some users praising its regulatory compliance and diverse asset offerings, while others raise concerns about its customer service and withdrawal issues. Notably, the broker is regulated by the China Financial Futures Exchange (CFFEX), which adds a layer of credibility to its operations.
Attention:
It's essential to recognize that different entities may operate under the same name in various regions, leading to potential discrepancies in user experiences. This review aims for fairness and accuracy by consolidating insights from multiple sources.
Category | Rating (out of 10) |
---|---|
Account Conditions | 7.5 |
Tools and Resources | 7.0 |
Customer Service & Support | 6.0 |
Trading Experience | 7.0 |
Trustworthiness | 7.5 |
User Experience | 6.5 |
We evaluate brokers based on user feedback, expert analysis, and available data.
Founded in 1993, China Futures Co., Ltd. has established itself as a key player in the Chinese financial market. With a registered capital of 700 million RMB, the broker operates under the stringent regulations of the CFFEX, ensuring a level of integrity and transparency in its operations. While it does not support popular trading platforms like MT4 or MT5, it provides access to a range of trading instruments, including futures and options across various asset classes such as crude oil, iron ore, and agricultural products.
Regulated Areas/Regions:
China Futures is primarily regulated by the China Financial Futures Exchange (CFFEX), which oversees its trading practices and ensures compliance with local laws.
Deposit/Withdrawal Currency/Cryptocurrency:
The broker operates mainly with the Chinese Yuan (RMB) for deposits and withdrawals. Currently, there are no indications of support for cryptocurrency transactions.
Minimum Deposit:
While specific minimum deposit requirements are not universally stated, user experiences suggest a range of 1,000 RMB to start trading.
Bonuses/Promotions:
There are no notable bonuses or promotional offers highlighted in the reviews, which could be a point of consideration for potential clients seeking incentives.
Tradeable Asset Classes:
China Futures offers a diverse array of trading instruments, including futures for commodities like crude oil, iron ore, and natural rubber, as well as options contracts for various underlying assets.
Costs (Spreads, Fees, Commissions):
The broker's fee structure appears to be competitive, with spreads generally reported to be within the industry standards. However, users have noted issues regarding hidden fees, particularly during the withdrawal process, which is a critical factor for traders.
Leverage:
Leverage options are available, but specific ratios are not detailed in the reviews. Potential traders should inquire directly for precise leverage offerings.
Allowed Trading Platforms:
China Futures does not support widely used platforms like MT4 or MT5, which may limit trading flexibility for some users.
Restricted Regions:
The broker primarily serves clients within China, and there is no clear indication of its availability to international traders. This could be a limitation for those looking to trade from outside the region.
Available Customer Service Languages:
Customer support is primarily offered in Mandarin. However, there are reports of limited communication channels, which could be a drawback for non-Chinese speakers.
Category | Rating (out of 10) |
---|---|
Account Conditions | 7.5 |
Tools and Resources | 7.0 |
Customer Service & Support | 6.0 |
Trading Experience | 7.0 |
Trustworthiness | 7.5 |
User Experience | 6.5 |
Account Conditions:
China Futures offers a range of account types suitable for different trading needs, but the lack of a demo account may deter novice traders. Users have expressed frustration with the minimum deposit requirements, which some consider high compared to other brokers.
Tools and Resources:
The brokerage provides essential trading tools, but the absence of advanced platforms like MT4 or MT5 limits the trading experience. Traders may find the available resources insufficient for in-depth market analysis.
Customer Service & Support:
Customer service has received criticism for being slow and unresponsive. Users have reported difficulties in reaching support, especially during critical trading periods. This could raise concerns for traders who require immediate assistance.
Trading Experience:
The trading experience at China Futures is generally satisfactory, with users appreciating the range of available instruments. However, withdrawal issues and account freezes have been reported, which could significantly impact trading confidence.
Trustworthiness:
China Futures is regulated by CFFEX, which is a positive aspect for potential clients. Nonetheless, the presence of user complaints regarding withdrawals raises questions about the broker's reliability.
User Experience:
User experiences vary widely, with some praising the broker's regulatory compliance and product offerings, while others highlight serious concerns about service quality and withdrawal processes. The mixed reviews suggest that potential clients should proceed with caution and conduct thorough research.
In conclusion, the China Futures review indicates that while the broker has several strengths, including regulatory oversight and a diverse product range, it also faces significant challenges in customer service and user experience. Prospective traders are encouraged to weigh these factors carefully before engaging with the platform.
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