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SFCO -

Score

8.05 /10
Good

SFCO

China

5-10 years

Regulated in China

Futures License

Suspicious Scope of Business

http://www.zgfcc.com/zhonggang/Index.aspx

Influence

D

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Comparison

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Exposure

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Score

Regulatory Index7.83

Business Index7.20

Risk Management Index9.65

Software Index7.05

License Index7.83

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SFCO · Company summary
SFCOReview Summary
Founded1997
Registered Country/RegionChina
RegulationRegulated by CFFEX
ServicesFutures brokerage, Futures trading consulting, Risk management
Demo Account✅
Customer SupportPhone: 400-600-6700
Fax: 86-10-62685676
Address: 9th Floor, Sinosteel International Plaza, No. 8 Haidian Street, Haidian District, Beijing

Established in 1997 and registered in China, SFCO is a professional futures company approved by CFFEX to provide futures services to its clients, including futures brokerage, futures trading consulting and risk management. SFCO offers many accounts for designated products as well as simulation (demo) accounts.

SFCO's homepage

Pros and Cons

ProsCons
Multiple trading platforms across many devicesLanguage barrier: websites and resources primarily in Chinese
Regulated by CFFEXOnly offering services in China
Access to a lot of services
Demo accounts available

Is SFCO Legit?

SFCO is authorised and regulated by China Financial Futures Exchange (CFFEX). The licensed type is Marketing Making (MM) and License No. is 0121.

Regulated by CFFEX

Services

SFCO offers Futures brokerage, Futures trading consulting and risk management.

Futures brokerage:Futures/options agency trading services

Futures trading consulting:Risk management consulting, research and analysis, transaction consulting and other professional services.

Risk management: Provide “guaranteed supply and stable price” procurement services for upstream bulk raw materials (iron ore, nickel, aluminum, coking coal, etc.); Provide “price stabilization and guaranteed sales” sales services for downstream finished products (plates, threads, etc.); Provide inventory management, cost management and other services for industrial entities.

Account Type

SFCO provides account types for retail and institutional investors. Currently, this firm only offers future trading for people in China and at least 18 years old.

For retail investors, you need to provide an original ID card and bank card with the same name.

On the other hand, corporate investors need to provide more documents, such as the original three-in-one certificates, the official seal of the enterprise, identity certificates of the legal representative, etc.

Account Type

Trading Platform

SFCO offers the computer software, simulation software and mobile software.

The computer software includes Zhonggang Futures-Boyiyun 5.5.96.1, Zhonggang Futures-Wenhua Yingshun WH6 6.8.151, Zhonggang Futures-Fast Futures V2 2.93.341.1705 and so on.

The simulation software includes Zhonggang Futures-Yi Jing Jin Simulationan V4.1.6.2511, Zhonggang Futures-Econsign4.46 20200228.1, Zhonggang Futures-Fast Futures Simulation V2.93 and so on.

The mobile software is Zhonggang Futures App 5.7.1.0.

Trading Platform

SFCO Fees

SFCO's transaction fee is based on the exchange fee rate plus twice the standard. Deposit varies depending on market instruments.

You can find detailed info in the screenshots below:

SFCO Fees 1
SFCO Fees 2

Customer Support Options

If there's something you need to do that you can't manage online or through the mobile app, you can try reaching out to SFCO's customer support. You can contact them by phone (400-700-6700). There is no online chat feature or email contact option.

Contact OptionsDetails
Phone400-700-6700
Fax86-10-62685676
Email❌
Support Ticket System❌
Online Chat❌
Social Media❌
Supported LanguageChinese
Website LanguageChinese
Physical Address9th Floor, Sinosteel International Plaza, No. 8 Haidian Street, Haidian District, Beijing
Contact info

The Bottom Line

Overall, SFCO could be an option for investors who are focused on future trading in China. This firm provides multiple trading platform options. On the other hand, you need to look elsewhere if you prefer a wider selection of investment choices.

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Wake up NOW
more than one year
I've been with Sinosteel Futures Co., Ltd for a few years as my CFD broker, and I have to say, their products and customer service are quite impressive. They offer a range of high-quality and diverse trading products, including various stocks, commodities, indices, and currencies. I wholeheartedly recommend them as a comprehensive and excellent broker for anyone interested in trading.
I've been with Sinosteel Futures Co., Ltd for a few years as my CFD broker, and I have to say, their products and customer service are quite impressive. They offer a range of high-quality and diverse trading products, including various stocks, commodities, indices, and currencies. I wholeheartedly recommend them as a comprehensive and excellent broker for anyone interested in trading.
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2024-01-16 12:13
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Xrange
more than one year
Hey traders, quick shoutout about my SFCO experience. Deposited, hoping for smooth sailing, but withdrawals are a nightmare. Rejections on repeat. Customer support? MIA. Total frustration dealing with SFCO. Save yourself the hassle, steer clear. Learn from my experience, and may your trades be way smoother. Cheers to better choices!
Hey traders, quick shoutout about my SFCO experience. Deposited, hoping for smooth sailing, but withdrawals are a nightmare. Rejections on repeat. Customer support? MIA. Total frustration dealing with SFCO. Save yourself the hassle, steer clear. Learn from my experience, and may your trades be way smoother. Cheers to better choices!
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2023-12-15 19:11
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