Basic Information
Pros and Cons
Pros
- Regulated by CFFEX
- Offers various trading platforms
- Provides demo account option
- Reliable customer service
- Positive reputation for withdrawals
Cons
- Limited range of trading products
- Occasional margin fees complaints
- Limited withdrawal options
- Not regulated in some markets
Is CHINA DRAGON Safe and Legit?
CHINA DRAGON, officially known as 华龙期货股份有限公司, is incorporated in China and has been operational for approximately 5-10 years. The broker offers futures trading with various self-developed platforms, leveraging up to 1:20 and providing a demo account option.
Regulated by the China Financial Futures Exchange (CFFEX), CHINA DRAGON is considered a legal and compliant broker within its jurisdiction, although it lacks regulatory recognition in some other markets, which may warrant caution.
Market feedback on CHINA DRAGON indicates a generally positive reputation, characterized by reliable customer service and a transparent operational structure. Users have expressed satisfaction with the ease of withdrawals, although some have reported a limited range of trading products and occasional complaints about margin fees. Overall, the broker maintains a strong presence in the futures market.
Is CHINA DRAGON a Regulated Broker?
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
CHINA DRAGON ensures capital protection by maintaining client funds in independently regulated bank accounts, separate from the broker’s own assets, adhering to the regulations set by the China Financial Futures Exchange (CFFEX). This segregation provides clients with added security for their investments.
CHINA DRAGON Leverage
The broker offers leverage of up to 1:20 for its futures trading, which is in compliance with the legal limits established by the CFFEX. This leverage is applicable to both retail and professional client classifications, allowing for flexible trading strategies within the regulatory framework.
CHINA DRAGON Withdrawal Review
How to Contact CHINA DRAGON?
Does CHINA DRAGON Have Withdrawal Issues?
Market feedback indicates that CHINA DRAGON generally maintains a positive reputation regarding withdrawals, with reports of reliable customer service and ease of processing. However, some users have raised concerns about limited withdrawal options and noted that margin fees can be a source of frustration. While there are occasional complaints regarding withdrawal limits on certain days, there are no significant public complaints or large-scale issues reported. Additionally, the broker has not faced regulatory penalties or warnings related to withdrawal processes, suggesting adherence to compliance standards.
Frequently Asked Questions
A1: Yes, CHINA DRAGON, also known as 华龙期货股份有限公司, is a legitimate broker regulated by the China Financial Futures Exchange (CFFEX). This regulation ensures that the broker operates legally within its jurisdiction, providing a level of assurance to clients.
A2: CHINA DRAGON ensures the protection of client funds by maintaining them in separately regulated bank accounts, distinct from the broker’s own assets. This segregation of funds is in line with the regulations set by the CFFEX, enhancing security for your investments.
A3: Market feedback generally indicates that CHINA DRAGON has a positive reputation for withdrawals, with users reporting reliable processing and customer service. However, some clients have noted limited withdrawal options and occasional complaints about margin fees.
A4: CHINA DRAGON offers various channels for customer support, including email and phone. Clients can reach out for assistance and have reported satisfaction with the reliability of the service provided.
A5: CHINA DRAGON primarily offers futures trading through various self-developed platforms. However, it’s important to note that the broker has a limited range of trading products compared to some other brokers.
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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.
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