Score

8.06 /10
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BRILLIANT

Regulated in China

Futures License

Suspicious Scope of Business

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Score

Regulatory Index7.83

Business Index7.26

Risk Management Index9.66

Software Index7.05

License Index7.83

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BRILLIANT · Company summary
Aspect Information
Company Name BRILLIANT
Registered Country/Area China
Founded Year 2009
Regulation CFFEX
Market Instruments Industrial,agricultural products,financial futures and derivatives,options
Trading Platforms Beite Zhitou App
Demo Account Available
Customer Support Phone:400-8844-998
Educational Resource Futures and Options Lecture Hall

Overview of BRILLIANT

BRILLIANT, founded in 2009 and based in China, is a multifaceted financial services company offering a wide array of trading options in industrial and agricultural products, financial futures, derivatives, and options.

Equipped with the latest technology through its Beite Zhitou App and bolstered by educational resources and customer support, BRILLIANT caters to a large range of clients, from beginners to seasoned traders.

Operating under the regulation of CFFEX, it provides a comprehensive and secure platform for traders navigating the dynamic world of financial markets.

Overview of BRILLIANT

Is BRILLIANT Limited Legit or a Scam?

The China Financial Futures Exchange regulates and oversees the licensing of financial institutions dealing with futures in China. One such licensed institution is BRILLIANT Future company, which holds a Futures License, confirming its authorization to operate in the futures market.

The license, bearing the number 0189, signifies the company's compliance with the regulatory standards set by the exchange.

This regulatory oversight ensures that the institution operates within the legal and ethical boundaries set forth by the China Financial Futures Exchange.

Is BRILLIANT Limited Legit or a Scam?

Pros and Cons

Pros Cons
Various Market Instruments Market Volatility
Educational Resources Complexity of Products
Technological Advancements Geographical Limitations
Demo Account Availability Market Risk
Comprehensive Customer Support Regulatory Compliance

Pros of BRILLIANT:

  1. Various Market Instruments: BRILLIANT offers a wide range of trading options including industrial and agricultural products, financial futures, derivatives, and options. This diversity appeals to a broad spectrum of investors and traders.

  2. Educational Resources: With offerings like the Futures and Options Lecture Hall, BRILLIANT provides valuable educational resources, aiding both new and experienced traders in understanding complex market dynamics.

  3. Technological Advancements: The use of the Beite Zhitou App indicates a commitment to technology, offering clients a convenient and modern trading platform.

  4. Demo Account Availability: The provision of demo accounts allows users to practice and get accustomed to trading without financial risk, which is especially beneficial for beginners.

  5. Comprehensive Customer Support: A dedicated customer support line ensures that users can receive help and guidance, enhancing user experience and trust.

Cons of BRILLIANT:

  1. Market Volatility: Trading in futures, options, and derivatives can be highly volatile. This can lead to significant financial risk, particularly for inexperienced traders.

  2. Complexity of Products: The range of products, especially derivatives and options, can be complex and difficult to understand, posing a challenge for those new to trading.

  3. Geographical Limitations: Being based in China, there will be geographical or regulatory limitations for international traders, potentially limiting its global reach.

  4. Market Risk: The focus on commodities and financial instruments means exposure to market risks like price fluctuations, influenced by global economic conditions and events.

  5. Regulatory Compliance: Operating in a heavily regulated industry, any changes in financial regulations can impact BRILLIANT's operations, affecting its product offerings and trading conditions.

Market Instruments

BRILLIANT operates in many financial markets. Including industrial products,agricultural products,futures,and derivatives,like options.

  1. Industrial Products:

In the industrial sector, BRILLIANT trades in a range of essential materials like copper, steel, iron ore, coking coal, coke, natural rubber, industrial silicon, polypropylene, lithium carbonate, and timber.

These products makes to the manufacturing, construction, and technology industries, offering different trading options in core industrial commodities.

Market Instruments
  1. Agricultural Products:

In the agricultural sector, BRILLIANT's offerings include a variety of bulk commodities like apples, urea, and oilseeds. They also deal with edible oils, sugar, and products related to poultry, eggs, and meat. This range provides a comprehensive selection for trading in essential agricultural products.

Agricultural Products
  1. Financial Futures and Derivatives:

For financial futures and derivatives, BRILLIANT offers contracts for trading on indices, currencies, and commodities. These instruments are key for hedging and speculating in the financial markets, showing opportunities in both commodity-based and financial futures.

 Financial Futures and Derivatives:
 Financial Futures and Derivatives:
  1. Options:

In the options market, BRILLIANT provides options trading on many commodities, financial indices like the CSI 300, and futures contracts. Options offer flexibility and are used for risk management and speculative purposes in different market conditions.

Options

How to Open an Account?

Opening an account with BRILLIANT can be done in four simple steps:

  1. Eligibility Check: Ensure you meet the eligibility criteria for opening an account. This typically includes being of legal age (as per the jurisdiction's regulations) and meeting any residency or financial requirements set by BRILLIANT.

  2. Document Preparation: Gather all necessary documents required for the account opening process. This usually includes identification documents (such as a passport or national ID), proof of residence (like a utility bill or bank statement), and possibly financial documents for verification purposes.

  3. Complete the Online Application: Visit BRILLIANT's official website or use the Beite Zhitou App to access the account opening application. Fill in the required personal and financial information accurately. Ensure all details are up-to-date and correct to avoid any delays in the approval process.

  4. Verification and Activation: After submitting your application, BRILLIANT will process and verify the information provided. This step may involve additional checks for compliance with regulatory requirements. Once your application is approved, your account will be activated, and you will receive confirmation, often via email or through the app, that your account is ready for trading.

For any specific queries or assistance during the application process, you can contact BRILLIANTs customer support.

How to Open an Account?

Trading Platform

BRILLIANT offers a sophisticated trading platform through its “倍特智投” (Beite Zhitou) app, which is tailored for efficient and user-friendly trading experiences. Here's an overview in English:

  1. For Apple Users: If you're using an Apple device, you can easily find the Beite Zhitou app by searching in the App Store. This ensures that iOS users have convenient access to the trading platform.

  2. Downloading the Trading Software: For a broader range of devices, the trading software can be downloaded directly from the official website's “Download Center.” Here, users can scan a QR code to initiate the download process, simplifying the installation of the Beite Zhitou app on their devices.

  3. App Functionality Overview: BRILLIANT also provides a detailed introduction to the functionalities of the Beite Zhitou app. This likely includes guides or tutorials on how to use the app effectively for trading activities, helping users to familiarize themselves with the platform's features and tools.

Trading Platform

Customer Support

BRILLIANT's customer support operates from its headquarters located at 4th Floor, Block A, Yinchuang Dynamos Building, No. 539 Jincheng Avenue, High-tech Zone, Chengdu City, Sichuan Province, with the postal code 610041.

This central location coordinates the companys client support services, addressing diffrent customer needs and inquiries. Clients seeking assistance can contact the support team via phone at 400-8844-998, where they can expect to receive help on a range of issues, from account management to technical support.

Additionally, for any postal correspondence, including sending documents or written queries, the provided postal code ensures that mail is directed accurately to their Chengdu headquarters. This setup underscores BRILLIANT's commitment to accessible and responsive customer service.

Customer Support

Educational Resource

BRILLIANT provides a comprehensive suite of educational resources in 2023, enhancing investor knowledge and market awareness.

Highlights include Constitution Awareness Week, Financial Consumer Rights Protection Education Month, and National Cyber Security Awareness Week.

They also offer specialized sessions on industry analysis and futures strategy, alongside events focusing on investor protection such as National Investor Protection Awareness Day and sessions on preventing illegal securities activities.

Additionally, practical competitions like the “Compete in the world and win in Beite” event further enrich the learning experience. These initiatives collectively emphasize informed and responsible trading practices.

Educational Resource

Conclusion

RILLIANT, established in 2009 and based in China, stands as a versatile player in the financial markets. Offering a broad spectrum of trading instruments including industrial and agricultural commodities, financial futures, derivatives, and options, it leads to a large clientele.

Equipped with modern technology like the Beite Zhitou App and complemented by educational resources and robust customer support, BRILLIANT is well-positioned to serve both novice and experienced traders.

Regulated by the CFFEX, it ensures compliance with financial standards, although potential traders should be mindful of the inherent risks and complexities associated with market volatility and regulatory environments.

FAQs

Q: What types of trading platforms does BRILLIANT offer?

A: BRILLIANT provides the Beite Zhitou App, a modern and user-friendly platform for trading many market instruments including commodities, futures, and options.

Q: Are there educational resources available for new traders at BRILLIANT?

A: Yes, BRILLIANT offers educational resources such as the Futures and Options Lecture Hall, designed to help both new and experienced traders understand market dynamics.

Q: Can I practice trading without financial risk at BRILLIANT?

A: Yes, BRILLIANT provides demo accounts, allowing users to practice trading in a risk-free environment before engaging in real transactions.

Q: What customer support options are available at BRILLIANT?

A: BRILLIANT offers comprehensive customer support, including a dedicated phone line at 400-8844-998 for assistance with trading and platform-related queries.

Q: Is BRILLIANT regulated, and if so, by whom?

A: Yes, BRILLIANT is regulated by CFFEX (China Financial Futures Exchange), ensuring compliance with financial trading standards and practices in China.

Q: What types of market instruments can I trade with BRILLIANT?

A: BRILLIANT offers trading in a variety of market instruments, including industrial and agricultural products, financial futures, derivatives, and options.

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DFGHJ
more than one year
Great for beginners! The educational resources on the official website are quite extensive, making it easy for newbies to get started. The availability of a demo account allows beginners to try out trading without risking real money. Overall, there's a good level of security and protection, making it a safe choice.
Great for beginners! The educational resources on the official website are quite extensive, making it easy for newbies to get started. The availability of a demo account allows beginners to try out trading without risking real money. Overall, there's a good level of security and protection, making it a safe choice.
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2024-01-16 12:31
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Narout Kittikawinwong
more than one year
Withdrawals are a headache! Despite the set deadlines, I'm still waiting for my profits. Is this broker even networked?
Withdrawals are a headache! Despite the set deadlines, I'm still waiting for my profits. Is this broker even networked?
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2023-12-28 13:58
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