What Account Types and Fees Does CHINA FUTURES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, access to educational resources |
Ideal for those starting with small capital |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads |
Requires verified trading experience |
| Corporate Account |
Corporate clients |
Custom services, dedicated account manager |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading conditions |
Available upon request, subject to verification |
| Demo Account |
All traders |
Risk-free environment for practice |
No initial deposit required, valid for a limited time |
Account Opening Process
To open an account with CHINA FUTURES, users must follow a structured process. Initially, traders need to submit personal, employment, and financial information. This typically includes providing identity verification documents such as an ID and proof of address. Once the initial application is submitted, it undergoes a review process. It is important to note that there is flexibility in account types; for instance, users can upgrade from a Retail Account to a Professional Account as they gain experience and meet the necessary criteria.
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 (ECN: $3.5/lot) |
Competitive pricing for major pairs |
| CFDs (Stocks) |
0.1% |
$5 per lot |
Varies by stock |
| CFDs (Indices) |
0.5% |
$3 per lot |
Standard index fees |
| CFDs (Commodities) |
1.2% |
$4 per lot |
Reflects market volatility |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Traders should be aware of additional fees that may apply when using CHINA FUTURES. These include deposit and withdrawal fees, which can vary based on the method chosen. Inactivity fees might be charged if an account remains dormant for an extended period. Additionally, there may be platform usage fees depending on the services accessed. Traders should also consider overnight interest (swap rates) on positions held overnight, along with any currency conversion fees that might apply for transactions in different currencies.
