CITIC Futures Broker Review

CITIC Futures 2025 Review: Everything You Need to Know

　　CITIC Futures has garnered mixed reviews from various sources, indicating a blend of positive aspects and significant concerns. While the broker is regulated by the Securities and Futures Commission (SFC) in Hong Kong, user experiences suggest a cautious approach is warranted. Key findings include a lack of transparency regarding fees and withdrawal processes, alongside reports of negative user experiences.

　　Note: It is essential to recognize that CITIC Futures operates under different entities across regions, which affects user experiences and regulatory oversight. The following review aims to provide a balanced perspective based on available data.

Rating Overview

　　We assess brokers based on comprehensive market research, user reviews, and expert analysis.

Broker Overview

　　Founded in 2015, CITIC Futures is a subsidiary of CITIC Securities, a well-known financial institution in China. The broker primarily serves clients in Hong Kong and mainland China, offering a range of trading services, particularly in futures and derivatives. CITIC Futures does not support popular trading platforms like MT4 or MT5 but instead utilizes its proprietary platform designed for futures trading.

　　The broker is regulated by the SFC, which adds a layer of credibility; however, it is crucial to note that the level of regulatory scrutiny may vary depending on the specific region of operation. CITIC Futures provides access to a variety of asset classes, including commodities and financial futures, but lacks offerings in forex and cryptocurrencies.

Detailed Analysis

• 　　Regulated Areas: CITIC Futures is primarily regulated in Hong Kong by the SFC, which oversees its activities to ensure compliance with financial regulations. However, the broker's operations in mainland China may not have the same level of oversight, raising potential concerns for investors.

• 　　Deposit/Withdrawal Currencies: The broker accepts deposits in CNY and HKD, with bank transfers being the primary method for transactions. However, clients have reported challenges with withdrawals, indicating delays or refusals in accessing their funds.

• 　　Minimum Deposit: The minimum deposit requirement is reportedly high, with some sources citing amounts upwards of $100,000, making it less accessible for beginner traders.

• 　　Bonuses/Promotions: CITIC Futures has been noted to offer promotional bonuses for new clients, although the specifics of these promotions can vary and may not be consistently available.

• 　　Tradeable Asset Classes: The broker provides access to a range of futures contracts and commodities but does not support trading in stocks, ETFs, or cryptocurrencies, limiting the investment options available to clients.

• 　　Costs (Spreads, Fees, Commissions): There is a lack of transparency regarding the spreads and commission structures at CITIC Futures. Some reviews indicate that clients may face high costs, which could affect overall profitability.

• 　　Leverage: Information about leverage options is scarce, but it is crucial for traders to understand the risks associated with high leverage in futures trading.

• 　　Allowed Trading Platforms: CITIC Futures operates through its proprietary platform, which is designed for futures trading but lacks the advanced features of more widely used platforms like MT4 or MT5.

• 　　Restricted Regions: While primarily serving clients in Hong Kong and mainland China, CITIC Futures may not be accessible to traders from other regions, limiting its global reach.

• 　　Available Customer Service Languages: The broker provides customer support mainly in Chinese, which may pose challenges for non-Chinese speaking clients seeking assistance.

  　　

Rating Recap

Detailed Breakdown

• 　　Account Conditions (5.5): The high minimum deposit requirement makes it difficult for new traders to enter the market. According to multiple sources, the minimum deposit can be as high as $100,000, which is a significant barrier for many potential clients.

• 　　Tools and Resources (6.0): CITIC Futures utilizes a proprietary trading platform that lacks the advanced features found in platforms like MT4 or MT5. While it offers basic tools for trading futures, users have noted that it may not be as intuitive or feature-rich as other platforms.

• 　　Customer Service and Support (5.0): Customer service has received mixed reviews, with some users reporting long waiting times for assistance. Additionally, support is primarily available in Chinese, which may limit accessibility for non-Chinese speaking clients.

• 　　Trading Setup/Experience (6.5): The platform is user-friendly for experienced traders familiar with futures trading. However, the limited range of tradable assets may deter some investors looking for more diverse trading options.

• 　　Trustworthiness (6.0): CITIC Futures is regulated by the SFC, which adds a level of credibility. However, user experiences regarding withdrawal difficulties and lack of transparency raise concerns about the overall trustworthiness of the broker.

• 　　User Experience (5.5): Users have expressed frustration with withdrawal processes, with reports of delays and refusals. This aspect significantly impacts the overall user experience and raises questions about the broker's reliability.

　　In conclusion, CITIC Futures presents a mixed bag of features and user experiences. While it is regulated by the SFC and offers a range of futures trading options, potential clients should exercise caution, especially regarding the high minimum deposit and reported withdrawal issues. As with any financial decision, thorough research and consideration of personal trading needs are essential before engaging with CITIC Futures.