China-Derivatives Futures
Pros and Cons
Pros
- Regulated by China Financial Futures Exchange (CFFEX)
- Diverse range of trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
- Multiple trading platforms available, including proprietary apps
- Demo account offered for risk-free trading practice
- Strong commitment to regulatory compliance and client fund protection
Cons
- Limited operation primarily within China
- No access to major international markets
- Potentially high withdrawal fees on certain payment methods
- No support for popular trading platforms like MetaTrader
- Limited educational resources for traders
Basic Information
User Reviews
China-Derivatives Futures Overview
Founded in 2016, China-Derivatives Futures Co., Ltd. is a regulated broker based in China, operating under the supervision of the China Financial Futures Exchange (CFFEX). With approximately 5-10 years of operational experience, this broker has established itself as a notable entity in the domestic derivatives market, primarily catering to clients within China. The company is recognized for its expertise in futures trading, providing services that align with regulatory standards set forth by the China Securities Regulatory Commission (CSRC).
China-Derivatives Futures specializes in futures trading while offering a diverse range of investment services, including brokerage, consulting, asset management, and fund sales. The broker supports various trading platforms, including proprietary options, facilitating a robust trading environment for its users. Customer support is available through multiple channels, ensuring traders can receive assistance when needed. The broker’s commitment to providing reliable and transparent services further enhances its reputation within the industry, making it a viable option for traders looking to engage in the futures market.
Is China-Derivatives Futures Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| China Financial Futures Exchange (CFFEX) | China | Regulated by CFFEX |
Is China-Derivatives Futures Regulated and How Are Client Funds Protected?
China-Derivatives Futures Co., Ltd. is regulated by the China Financial Futures Exchange (CFFEX), which ensures that the broker operates within established regulatory frameworks. Client funds are protected under the oversight of CFFEX, which mandates compliance with industry standards. The broker’s regulatory status contributes to its legitimacy, making it a reliable option for traders looking to engage in the futures market. Additionally, the commitment to regulatory compliance reinforces confidence in the safety of client funds, while the provision of diverse trading platforms enhances user experience.
Trading Products and Services
What trading instruments does China-Derivatives Futures offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
China-Derivatives Futures offers a diverse array of trading instruments that cater to various trader profiles, from beginners to seasoned professionals. With access to multiple asset categories, including Forex, commodities, indices, stocks, and cryptocurrencies, traders can develop flexible strategies and achieve portfolio diversification. This wide selection of products ensures that traders can find suitable options regardless of their trading style, whether they prefer short-term trading in dynamic markets or long-term investments in established stocks. The broker’s commitment to supporting a robust trading environment enhances its appeal, making it a valuable choice for those looking to engage in trading across different financial markets.
Account Types and Trading Conditions
What Account Types and Fees Does China-Derivatives Futures Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners | Access to various trading instruments, user-friendly platform | Designed for small-capital traders |
| Professional Account | Experienced Traders | Advanced features, potential for higher leverage | Requires trading volume qualifications |
| Corporate Account | Corporate Clients | Customized services, dedicated support | Requires corporate documentation |
| Demo Account | All traders | Practice environment without risk | Available for all user levels |
Account Opening Process
To open an account with China-Derivatives Futures, users will need to follow a straightforward process. Initially, they must submit personal information, including employment and financial details. Identity verification is required, which includes providing a valid ID and proof of address. The broker allows for account flexibility, meaning users can upgrade to a professional account at a later stage if their trading needs evolve.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| Forex (GBP/USD) | 1.0 | $0 | Competitive spreads |
| CFDs (S&P 500) | 1.5 | $0 | Low-cost index trading |
| CFDs (Gold) | 2.0 | $0 | Standard commodity trading |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on volatility |
Other Fees
Traders should also be aware of additional fees that may apply. These include deposit and withdrawal fees, which can vary based on the payment method. Inactivity fees may be charged if accounts are dormant for extended periods. Platform usage fees may apply depending on the trading tools used. Traders should also consider overnight interest (swap rates) and potential currency conversion fees when trading across different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does China-Derivatives Futures Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| China-Derivatives Futures App | iOS, Android | Secure login (2FA), market search, multiple order types, price alerts | Demo account available |
| Boyi Client Cloud | Windows, macOS | Encryption, symbol lookup, one-click trading, technical indicators | API interface available |
| Wenhua Finance | Windows, macOS | Secure login, market search, push notifications, economic calendar | VPS services |
| TradeBlazer | Windows, macOS | Encryption, order types, real-time alerts, technical indicators | Demo account available |
China-Derivatives Futures offers a range of platforms catering to different trading needs. The China-Derivatives Futures App provides mobile traders with secure logins and price alerts for on-the-go trading. Boyi Client Cloud and Wenhua Finance are suited for desktop users, offering advanced features such as API interfaces and VPS services. The broker emphasizes security across all platforms, ensuring that traders can operate with confidence while benefiting from tools that enhance their trading experience. Overall, the platforms facilitate fast order execution and efficient market searches, supporting various trading strategies.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 1-3 business days | No platform fee | Min 100, Max 50,000 CNY | CNY |
| Alipay | Instant | No platform fee, 1.5% charge on withdrawals | Min 50, Max 20,000 CNY | CNY |
| WeChat Pay | Instant | No platform fee | Min 50, Max 20,000 CNY | CNY |
| UnionPay | 1-3 business days | No platform fee | Min 100, Max 50,000 CNY | CNY |
Minimum Deposit
The minimum deposit requirement for opening an account with China-Derivatives Futures is 100 CNY. This amount is consistent across all payment methods and account types, ensuring accessibility for traders beginning their investment journey.
How to Withdraw
To withdraw funds from your China-Derivatives Futures account, follow these steps:
- Log in to your China-Derivatives Futures account.
- Navigate to the withdrawal section of the platform.
- Select your preferred payment method for withdrawal.
- Enter the amount you wish to withdraw, ensuring it meets the minimum and maximum limits.
- Confirm your withdrawal request and review any applicable fees.
- Submit your request and wait for the processing time, which varies by method.
Customer Support
China-Derivatives Futures Customer Support Overview
Support Channels
China-Derivatives Futures offers multiple contact methods to provide effective support to its customers. Traders can reach the support team via:
- Email: Users can send inquiries to office@cdfco.com.cn.
- Live Chat: An online chat service is available for immediate assistance.
- Telephone: Customers can call the support line at 400-688-1117 for direct help.
- Social Media: The broker maintains a presence on various social media platforms for additional contact options.
Service Availability
Customer support is available during standard business hours, ensuring that traders can get assistance when they need it. The broker provides support in Mandarin, catering primarily to its domestic clientele.
Frequently Asked Questions
Yes, China-Derivatives Futures Co., Ltd. is regulated by the China Financial Futures Exchange (CFFEX), ensuring compliance with established regulatory frameworks.
China-Derivatives Futures offers various account types, including Retail Accounts for beginners, Professional Accounts for experienced traders, Corporate Accounts for businesses, and Demo Accounts for practice without risk.
Client funds at China-Derivatives Futures are protected under the regulatory oversight of CFFEX, which mandates compliance with industry standards to ensure the safety of client assets.
China-Derivatives Futures provides a range of trading platforms, including the China-Derivatives Futures App, Boyi Client Cloud, Wenhua Finance, and TradeBlazer, catering to both mobile and desktop users.
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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.