ZHESHANG Review 6
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.
The platform brags about their teachers and asks clients to buy position largely without setting the stop-loss price.
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.
Key words: ZHESHANG , manaer Li, Teacher Xie, Dream chaser, Teacher Chen, Unable to withdraw, XAU/USD, crude oil and future. At first, a stranger, who pro-claimed as the manager Li from Nine o’clock Finance, told me about the advantages of international future and their professional teachers. I was induced to deposit and the nightmare began. Now I figured out that it is a scam platform.From October 30th, each order given by teacher Xie was wrong. I didn’t want to trade anymore since the loss was overriding profits. The the manager arranged the Dream Chaser for me. At first, I made some profits. The teacher emphasized that we must follow his instruction. During 12 to 13, the teacher told me not to close position or stop loss, resulting in my losses of $15000! All my saving s was gone. My mother is now in the hospital for a heart surgery. I even couldn’t afford the 50000 RMB deposit. I am hopeless. Looking at my mother, I have no idea but to move on. My friend, who is a lawyer, tells that I have encountered with scam. I have called the police, only to get my money back.
Key words: ZheSang , manaer Li, Teacher Xie, Dream chaser, Teacher Chen, Unable to withdraw, XAU/USD, crude oil and future. At first, a stranger, who pro-claimed as the manager Li from Nine o’clock Finance, told me about the advantages of international future and their professional teachers. I was induced to deposit and the nightmare began. Now I figured out that it is a scam platform.From October 30th, each order given by teacher Xie was wrong. I didn’t want to trade anymore since the loss was overriding profits. The the manager arranged the Dream Chaser for me. At first, I made some profits. The teacher emphasized that we must follow his instruction. During 12 to 13, the teacher told me not to close position or stop loss, resulting in my losses of $15000!
In this September, a stranger, who proclaimed as the salesman of a security company, added me and pulled me into a stock group, in which Chen Daoming gave stock recommendation and analysis. Having listened for while, I figure out that the stock recommended was profitable. But several days later, saying that the stock market was volatile, he recommended us ZheSang and sent his profit screenshots to induce us. Without hesitation, I joined. Then he asked us to operated one-third of the position to avoid the risk. Many members sent the profit screenshots as well as the red pockets to the group. At this time, Chen claimed that if we want to earn more profit like 10%, we need to add fund. I didn’t resist the temptation and deposited 390000 RMB. And I made all losses within 2 days.
