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Domestic Regulation
Score
8.01 /10
Good
DAYOU FUTURES
5-10 yearsRegulated in China
Futures License
Suspicious Scope of Business
Hong Kong Dealing in futures contracts Revoked
Medium potential risk
Influence
D
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index7.83
Business Index7.59
Risk Management Index8.90
Software Index7.05
License Index7.83
Open Account
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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WikiFX Risk Alerts
Previous Detection :
2024-12-23
- China Hong Kong SFC (license number: BHF476) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
WikiFX Verification
| DAYOU FUTURES Review Summary | |
| Founded | 2002 |
| Registered Country/Region | China |
| Regulation | Regulated by CFFEX |
| Market Instruments | Futures, equity funds, bond funds, currency funds, index funds, and short-term financial products |
| Demo Account | ✅ |
| Leverage | / |
| Trading Platform | Hang Seng trading platforms, CTP integrated trading platforms, Yisheng trading platforms, simulation software, mobile phone software, IPV6 Zone, and National secrets zone. |
| Min Deposit | / |
| Customer Support | Phone: 0731-84409000/ 4006-365-058 |
| Email: kefu@dayouf.com | |
| Fax: 0731-84409009 | |
| Address: 3rd and 4th floors of Modern Plaza, No. 128, Section 2, Furong South Road, Tianxin District, Changsha City, Hunan Province | |
Da You Futures is a wholly-owned subsidiary of Modern Investment Company, established in Changsha in July 2002 . Its products encompasses commodity futures and financial futures brokerage and fund sales. It is a member of the Dalian Commodity Exchange, Zhengzhou Commodity Exchange, Shanghai Futures Exchange, Shanghai Energy Trading Center, and a clearing member of China Financial Futures Exchange.
Pros and Cons
| Pros | Cons |
| Regulated by CFFEX | None |
| Various financial products | |
| A range of trading platforms | |
| Demo accounts available |
Is DAYOU FUTURES Legit?
Yes, DAYOU FUTURES is regulated by the China Financial Futures Exchange Co. Ltd. (CFFEX). It holds the Futures License with No. 0173.
What Can I Trade on DAYOU FUTURES?
DAYOU FUTURES offers futures, equity funds, bond funds, currency funds, index funds, and short-term financial products. Additionally, it also offers asset management.
Account Type
DAYOU FUTURES offers the Futures, Fund, and Asset Management accounts. Also, demo accounts are also available.
Besides, to open an account, there are various methods through making an appointment and via mobile and Internet.
DAYOU FUTURES Fees
DAYOU FUTURES charges annual operation costs including management fee, custodian and sales services fees.
| Fee | Rate |
| Management Fee | 1.2% annual |
| Custodian Fee | 0.2% annual |
| Sales Service Fee | 0% annual |
Trading Platform
DAYOU FUTURES offers many types of trading platforms including Hang Seng trading platforms, CTP integrated trading platforms, Yisheng trading platforms, simulation software, mobile phone software, IPV6 Zone, and National secrets zone.
Deposit and Withdrawal
DAYOU FUTURES allows for bank-to-futures transfers. However, daily profits cannot be withdrawn, and a minimum of 100 yuan must be retained in the account. Only debit cards can be used for these transfers.
Deposit Time:
08:30-15:45
20:30-02:30 on trading days
Withdrawal Time:
09:00-15:45 on trading days
Deposit Operation Rules:
There are no limits on the amount of funds or the number of transfers, except for dormant accounts.
Withdrawal Operation Rules:
Profits from positions, same-day closing profits, and guaranteed deposits cannot be transferred out.
The cumulative number of withdrawals per fund account in a single day is limited to 5 times, with a cumulative withdrawal limit of 3 million yuan. If the available funds in the customers capital account exceed 3 million yuan on the same day, the customer must contact the account manager or call the customer service hotline 4006-365-058 before 15:00 to request an increase in the withdrawal limit for that day.
A minimum fund of 100 yuan is reserved in the fund account. If there is no trading or position on the trading day, the customer should contact the account manager or call the customer service hotline 4006-365-058 before 15:45 to apply for the cancellation of the guaranteed funds for that day.
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