CHASING FUTURES
Basic Information
Pros and Cons
Pros
- Regulated under CFFEX
- Diverse trading instruments available
- Operates with a valid license
- Capital protection measures in place
- Established for 5-10 years
Cons
- High withdrawal fees reported
- Inconsistent customer service responsiveness
- Medium potential risk rating
- Limited information on fee structure
- May not be suitable for beginners
Is CHASING FUTURES Safe and Legit?
CHASING FUTURES, incorporated in China, has been operational for approximately 5-10 years. The broker offers a range of tradable instruments including commodity futures, financial futures, and options, with trading platforms such as Boyi Cloud and Caixin Futures Infinity, providing users with diverse trading opportunities.
CHASING FUTURES is regulated under the China Financial Futures Exchange with a valid license number 0319, making it a legal entity in its jurisdiction. While it operates within regulatory frameworks, the medium potential risk rating suggests that traders should exercise caution.
User feedback indicates mixed evaluations regarding CHASING FUTURES. While some users appreciate its various trading instruments and service offerings, there are complaints related to high withdrawal fees and customer service responsiveness. The frequency of grievances points to a need for improved transparency and user support, although the broker maintains a reputation for being a legitimate trading platform in China.
Is CHASING FUTURES a Regulated Broker?
What Are the Regulatory Licenses Held by CHASING FUTURES?
CHASING FUTURES is regulated under the China Financial Futures Exchange, demonstrating its compliance with local regulatory frameworks. The broker holds a valid license number 0319, confirming its legal status in China. This regulation indicates that CHASING FUTURES operates within a recognized authority, providing traders with a level of security. However, potential clients should remain aware of the medium risk rating associated with the broker, suggesting the need for careful consideration when engaging with its services.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| CFFEX | China Financial Futures Exchange | 财信期货有限公司 | Active | 0319 |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
CHASING FUTURES ensures client funds are held in independently regulated bank accounts, separate from the broker’s own assets, aligning with the regulations set forth by the China Financial Futures Exchange. This segregation of funds serves to enhance the security of traders’ investments.
CHASING FUTURES Leverage
The broker offers various leverage options for different product categories; however, specific details regarding maximum leverage multiples are not provided. CHASING FUTURES adheres to local regulatory requirements, ensuring that actual leverage complies with legal limits for both retail and professional clients.
CHASING FUTURES Withdrawal Review
How to Contact CHASING FUTURES?
Does CHASING FUTURES Have Withdrawal Issues?
Complaints regarding CHASING FUTURES primarily focus on high withdrawal fees and customer service responsiveness. Users have reported difficulties in the withdrawal process, leading to dissatisfaction. While feedback is mixed, credible sources indicate that complaints about withdrawal issues are notable. The broker’s handling of these complaints appears to be inconsistent, with some users experiencing delays in response times. Although there are visible grievances, there are no records of large-scale complaints or regulatory penalties associated with withdrawal practices. Overall, while CHASING FUTURES is regarded as a legitimate broker, caution is advised due to these withdrawal issues.
Frequently Asked Questions
A1: Yes, CHASING FUTURES is a legitimate futures brokerage firm regulated under the China Financial Futures Exchange with a valid license number 0319. It has been operational for approximately 5-10 years and is recognized as a legal entity in its jurisdiction.
A2: CHASING FUTURES is regulated by the China Financial Futures Exchange (CFFEX), which confirms its compliance with local regulatory frameworks. The broker operates under the license number 0319, indicating its active regulatory status.
A3: CHASING FUTURES ensures that client funds are held in independently regulated bank accounts, separate from the broker’s own assets. This practice aligns with the regulations set forth by the China Financial Futures Exchange, enhancing the security of traders’ investments.
A4: User feedback indicates complaints regarding high withdrawal fees and inconsistent customer service responsiveness. While some users have experienced difficulties in the withdrawal process, there are no records of large-scale complaints or regulatory penalties associated with these practices.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.