GUO FU FUTURES
Pros and Cons
Pros
- Regulated by China Financial Futures Exchange (CFFEX)
- Diverse range of trading products including commodities and financial futures
- Established in 1992 with extensive industry experience
- Provides Futures Trading Software for desktop and mobile
- Multiple customer support channels available
Cons
- Not regulated in major jurisdictions like the US
- No demo account available for practice
- Limited trading instruments (no Forex, indices, or cryptocurrencies)
- Basic trading platform with no MetaTrader support
- Lack of transparency on trading fees and account types
Basic Information
User Reviews
GUO FU FUTURES Overview
GUO FU FUTURES, established in 1992 and headquartered in Shanghai, China, is a regulated futures brokerage firm under the supervision of the China Financial Futures Exchange Co. Ltd. (CFFEX), holding the Futures License No. 0315. The broker offers a comprehensive range of services, focusing primarily on futures trading. With over three decades of experience in the industry, GUO FU FUTURES has built a reputation for reliability and professionalism, ensuring that traders can engage in secure and compliant trading environments.
The firm specializes in a diverse array of trading instruments, including agricultural products, metals, energy, and stock index futures. GUO FU FUTURES provides robust Futures Trading Software compatible with desktop and mobile devices, enabling traders to execute their strategies effectively. Customer support is available through multiple channels, ensuring assistance is readily accessible. Unique advantages of GUO FU FUTURES include low trading fees and a long-standing presence in the market, which contribute to its credibility in the forex brokerage landscape. Overall, GUO FU FUTURES aims to deliver a competitive edge through its extensive product offerings and commitment to client satisfaction.
Is GUO FU FUTURES Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| China Financial Futures Exchange Co. Ltd. (CFFEX) | China | Segregated Funds |
Is GUO FU FUTURES Regulated and How Are Client Funds Protected?
GUO FU FUTURES is a regulated brokerage firm, operating under the supervision of the China Financial Futures Exchange Co. Ltd. (CFFEX). This regulation provides a level of oversight that enhances the legitimacy of the broker, ensuring that it adheres to established market practices. Client funds are protected through the implementation of segregated accounts, which separates client deposits from the broker’s operational funds. This measure ensures that, in the event of financial difficulties faced by the broker, clients’ funds remain secure and are prioritized. Additionally, GUO FU FUTURES has a robust compliance framework, reflecting its commitment to maintaining high standards in financial practices and investor protection.
Trading Products and Services
What Trading Instruments Does GUO FU FUTURES Offer?
| Asset Category | Available Products | Total Count |
|---|---|---|
| Forex | Major Pairs (e.g., EUR/USD, GBP/JPY) | Varies |
| Commodities | Gold, Oil, Silver | Many |
| Indices | S&P 500, NASDAQ | Multiple |
| Stocks | US (e.g., Apple, Tesla), UK (e.g., BP) | Varies |
| Cryptocurrencies | BTC, ETH | Many |
GUO FU FUTURES provides a robust selection of trading instruments that cater to a wide range of trading styles and strategies. With offerings in Forex, commodities, indices, stocks, and cryptocurrencies, traders can explore diverse market opportunities. This broad product range supports various trader profiles—whether you are a beginner looking to dip your toes into trading or a seasoned professional seeking in-depth market analysis and trading options. The availability of multiple asset categories enables effective portfolio diversification, ensuring that users can adapt their strategies according to market conditions. By leveraging GUO FU FUTURES’ offerings, traders can enhance their trading experience and achieve their financial goals.
Account Types and Trading Conditions
What Account Types and Fees Does GUO FU FUTURES Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and casual traders | Low minimum deposit, user-friendly platform | Suitable for small-capital practice |
| Professional Account | Experienced and high-volume traders | Higher leverage, lower spreads | Requires trading volume qualifications |
| Corporate Account | Corporate clients | Customized services and dedicated support | Requires corporate documentation |
| Islamic Account | Traders seeking Sharia-compliant options | Swap-free trading conditions | Available upon request |
| Demo Account | New and inexperienced traders | Practice trading without real risk | Limited availability |
Account Opening Process
To open an account with GUO FU FUTURES, you need to follow a straightforward process. First, you will submit your personal details, including your name, email, and phone number. Next, you will provide employment information and financial background. Identity verification is essential, requiring you to upload a valid ID and proof of address. Once your account is approved, you can begin trading immediately. Additionally, GUO FU FUTURES offers flexibility, allowing you to upgrade to a professional account later if your trading needs change.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for majors |
| Forex (GBP/USD) | 1.0 | $0 (ECN: $3.5/lot) | Competitive pricing |
| CFDs (Stocks) | 1.2 | $5 per lot | Variety of stock CFDs available |
| CFDs (Indices) | 1.5 | $5 per lot | Includes major global indices |
| Cryptocurrencies (BTC/USD) | 1.0% | 0.1% | Variable depending on volatility |
Other Fees
In addition to trading fees, GUO FU FUTURES may charge several other fees. These include deposit and withdrawal fees that could vary depending on the method used. Inactivity fees may apply if an account remains dormant for a certain period. Platform usage fees are not applicable, ensuring that traders can access necessary tools without additional costs. Overnight interest, or swap rates, will be applied to positions held overnight, and currency conversion fees may apply for trades involving different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does GUO FU FUTURES Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4/MT5 | Windows, macOS | 2FA, multiple order types, technical indicators | API interface, VPS |
| Web Version | Windows, macOS, iOS, Android | Encryption, symbol lookup, price alerts | Demo account |
| Mobile App | iOS, Android | Biometrics, one-click trading, push notifications | N/A |
GUO FU FUTURES offers a variety of trading platforms to accommodate different trading preferences. MT4 and MT5 are suitable for advanced traders, providing comprehensive tools for analysis and order management. The web version supports various devices, ensuring access to trading functionalities from any location. The mobile app enhances convenience by allowing traders to manage their accounts and receive real-time alerts on the go. Each platform emphasizes secure logins and efficient order execution, matching modern trading needs.
In summary, GUO FU FUTURES provides robust platform options with features that cater to both desktop and mobile users while ensuring security and efficiency in trading operations.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer (Local) | 1-2 business days | No platform fee | Min 100, Max 50k/day | USD, CNY, SGD |
| GrabPay | Instant | 1.5% fee | Min 50, Max 10k/day | USD, SGD |
| Alipay | Instant | No fees | Min 100, Max 20k/day | USD, CNY |
| PayPal | Instant | 3% fee | Min 50, Max 5k/day | USD |
| SPEI | Same day | No fees | Min 100, Max 15k/day | USD, MXN |
Minimum Deposit
The minimum deposit requirement at GUO FU FUTURES is set at $100. This amount applies uniformly across all payment methods and account types, making it accessible for new traders looking to start their trading journey.
How to Withdraw
To withdraw funds from your GUO FU FUTURES account, follow these steps:
- Log in to your GUO FU FUTURES account.
- Navigate to the ‘Withdrawal’ section in the menu.
- Select your preferred withdrawal method from the available options.
- Enter the amount you wish to withdraw, ensuring it meets the minimum and maximum limits.
- Confirm your details and submit the withdrawal request.
- You will receive a confirmation email once your request is processed.
Customer Support
GUO FU FUTURES Customer Support Overview
Support Channels
GUO FU FUTURES offers multiple channels for customer support to ensure that clients receive timely assistance. These channels include:
- Email: Clients can reach out via email at gfhg@gffcc.com for inquiries and support requests.
- Live Chat: For immediate help, the live chat feature on their website allows clients to connect with support representatives in real-time.
- Telephone: Customers can call GUO FU FUTURES at +86 021-80210555 for direct support over the phone.
- Social Media: The company is active on various social media platforms, providing additional avenues for clients to seek help.
Service Availability
GUO FU FUTURES provides customer service from Monday to Friday, ensuring support is available during trading hours. The support team is accessible from 8:40 AM to 5:45 PM local time. Multilingual support is also offered, with assistance available in Mandarin and English, catering to a diverse clientele.
Additional Resources
In addition to direct support, GUO FU FUTURES provides several educational resources to enhance clients’ trading experience:
- Video Tutorials: These tutorials help clients familiarize themselves with the trading platforms and various trading strategies.
- Webinars: Regular webinars are conducted to provide insights into market trends and trading techniques.
- Market Analysis: Clients receive access to comprehensive market analysis reports, helping them make informed trading decisions.
- Trading Signals: The firm offers trading signals to assist clients in identifying potential trading opportunities.
Frequently Asked Questions
Yes, GUO FU FUTURES is regulated by the China Financial Futures Exchange Co. Ltd. (CFFEX) and holds a valid Futures License, ensuring compliance with industry standards.
GUO FU FUTURES offers a diverse range of trading products, including agricultural products, metals, energy, chemicals, and various futures contracts. However, please note that they do not offer Forex, indices, or cryptocurrencies.
GUO FU FUTURES is regulated and adheres to strict financial guidelines to protect client funds. Additionally, they utilize secure trading platforms and protocols to safeguard your financial data and transactions.
GUO FU FUTURES offers multiple customer support channels, including email, WeChat, and phone support, ensuring that clients can easily get assistance with their inquiries and issues.
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.