GUOLIAN FUTURES
Basic Information
Pros and Cons
Pros
- Regulated by CFFEX
- Demo accounts available
- Various trading platforms
- Long operational history
- Novice-friendly
Cons
- Limited international business
- Withdrawal issues reported
- Customer support response times vary
- Fees may apply for premium services
Is GUOLIAN FUTURES Safe and Legit?
GUOLIAN FUTURES, officially known as Guolian Futures Co., Ltd., is registered in China, having commenced operations in 2002, giving it over 20 years of experience in the futures market. The broker offers a variety of tradable instruments including commodity and financial futures, as well as options, with leverage options and competitive spreads available on multiple trading platforms such as CTP Main System, MT4, and MT5.
GUOLIAN FUTURES is regulated by the China Financial Futures Exchange (CFFEX) under license number 0118, ensuring it operates within legal frameworks and compliance standards. This regulatory status contributes to its reputation as a safe entity for domestic futures trading, although its international business scope is limited.
The broker’s reputation in the market is mixed, with users highlighting quality customer service and ease of withdrawals, although some complaints regarding withdrawal issues have been noted in community feedback. Overall, GUOLIAN FUTURES is regarded as a reliable option for domestic clients, particularly novice traders, while transparency and responsiveness to user concerns remain a focal point for improvement.
Is GUOLIAN FUTURES a Regulated Broker?
What Are the Regulatory Licenses Held by GUOLIAN FUTURES?
GUOLIAN FUTURES, officially known as Guolian Futures Co., Ltd., is regulated by the China Financial Futures Exchange (CFFEX) under license number 0118. This regulatory status ensures the broker operates within legal frameworks and compliance standards in China. However, it is important to note that GUOLIAN FUTURES does not hold any offshore licenses, and its business activities are primarily focused on the domestic market, limiting its international operations.
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
GUOLIAN FUTURES ensures client funds are held in independently regulated bank accounts, separate from the broker’s own assets. This segregation of funds is mandated by the regulations set forth by the China Financial Futures Exchange (CFFEX), enhancing the security of traders’ investments.
GUOLIAN FUTURES Leverage
GUOLIAN FUTURES provides leverage options compliant with local regulatory limits. These leverage multiples vary by product category and client classification (retail/professional), adhering to the guidelines established by CFFEX. This ensures that traders operate within the legal framework while managing their risk effectively.
GUOLIAN FUTURES Withdrawal Review
How to Contact GUOLIAN FUTURES?
GUOLIAN FUTURES has received mixed feedback from users, with some highlighting withdrawal issues as a common complaint. While specific proportions of complaints are not detailed, credible sources indicate that users have reported difficulties during the withdrawal process. The broker is noted for its quality customer service, although the response times to complaints can vary. There have been occasional reports of repetitive complaints regarding withdrawals, but no significant public complaints or regulatory penalties have been documented. Overall, GUOLIAN FUTURES maintains a reputation as a safe option for domestic trading, despite these concerns.
Frequently Asked Questions
A1: Yes, GUOLIAN FUTURES, officially known as Guolian Futures Co., Ltd., is a licensed financial institution regulated by the China Financial Futures Exchange (CFFEX) under license number 0118. This regulatory status ensures that it operates within legal frameworks and compliance standards in China.
A2: GUOLIAN FUTURES ensures that client funds are held in independently regulated bank accounts, separate from the broker’s own assets, as mandated by the regulations from CFFEX. This segregation enhances the security of traders’ investments.
A3: GUOLIAN FUTURES has received mixed feedback regarding withdrawals, with some users reporting difficulties during the process. Despite these concerns, the broker is recognized for its quality customer service, though response times to complaints can vary.
A4: You can contact GUOLIAN FUTURES through their customer service email at admin@glqh.com or by visiting their official website at http://www.glqh.com. Additionally, they provide a customer support hotline for immediate assistance.
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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.