Score

7.86 /10
Good

MINSHENG FUTURES

Regulated in China

Futures License

Suspicious Scope of Business

C

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index7.83

Business Index7.31

Risk Management Index9.67

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

open now

Check whenever you want

Download App for complete information

WikiFX Verification

Pyramid scheme complaint
Expose
MINSHENG FUTURES · Company summary
MINSHENG FUTURES Review Summary
Founded1996
Registered Country/RegionChina
RegulationChina Financial Futures Exchange Co. Ltd. (CFFEX)
Market InstrumentsEquity Futures, Commodity Futures, Currency Futures, Options, CFDs
Demo AccountYes
LeverageUp to 1:10
SpreadStarting at 0.10 points for equity futures
Trading PlatformMinsheng Futures APP
Min DepositRMB 10,000

MINSHENG FUTURES Information

MINSHENG FUTURES is a forex and CFD broker that offers online trading services to traders from around the globe. It is regulated by the China Financial Futures Exchange Co. Ltd. (CFFEX).

There are two main types of accounts that are on offer at MINSHENG FUTURES: Standard ECN Islamic. Traders can access many financial instruments such as Equity Futures, Commodity Futures, Currency Futures, Options, and CFDs, with competitive spreads starting at 0.10 points for equity futures.

MINSHENG FUTURES Information

Pros and Cons

ProsCons
  • Regulated by the China Financial Futures Exchange Co. Ltd. (CFFEX)
  • Commissions apply to ECN accounts
  • Offers two account types and a demo account
  • Limited customer support methods
  • Offers competitive spreads start at 0.10 points
  • Limited information on trading fees

Is MINSHENG FUTURES Legit?

MINSHENG FUTURES operates under the strict regulatory oversight of the China Financial Futures Exchange Co. Ltd. (CFFEX), with a license number of 0149.

Is MINSHENG FUTURES Legit?

What Can I Trade on MINSHENG FUTURES?

On MINSHENG FUTURES, you can trade many assets, including equity futures, commodity futures, currency futures, options, and CFDs.

Tradable InstrumentsSupported
CFDs
Equity futures
Commodity futures
Currency futures
Options
Shares
Metals

Account Type

MINSHENG FUTURES offers three different account types.

Standard Account offers a maximum leverage of 5:1 for equity futures and 1:10 for commodity futures with a minimum deposit of RMB 10,000 (USD 1,500) and competitive spreads, starting at 0.10 points for equity futures. ECN Account has a minimum deposit of RMB 50,00, and the maximum leverage is 10:1 for equity futures and 2:1 for commodity futures.

Islamic Account offers the same features as the standard account, but it is swap-free. The minimum deposit is RMB 10,000.

Account TypeMinimum DepositMaximum LeverageEquity Futures SpreadCommodity Futures Spread
StandardRMB 10,000 (USD 1,500)1:50.10 points0.10 points
ECNRMB 50,000 (USD 7,500)1:20.05 points0.05 points
IslamicRMB 10,000 (USD 1,500)1:50.10 points0.10 points

MINSHENG FUTURES Fees

Trading Fees

MINSHENG FUTURES offers competitive spreads and commissions across its various account types and instruments.

  • Spread starts at 0.10 points for equity futures, with a higher tighter spreads for ECN accounts
  • No commission charges apply to the Standard Account, whereas ECN accounts charge a commission per trade.

Non-Trading Fees

Overnight Interest Fees (Swaps):

  • The swap rate is different between the traded instrument and the current market interest rates. Islamic accounts are swap-free.

MINSHENG FUTURES Leverage

MINSHENG FUTURES offers different leverage levels based on the chosen account type. You can refer to the table below.

Account TypeLeverage for equity futuresLeverage for commodity futures
Standard Account1:51:10
ECN Account1:21:10
Islamic Account1:51:10

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Minsheng Futures APPMobileInvestors of all experience levels
Infinite Easy (Pro Professional Edition)MobileInvestors of all experience levels
Trading Platform

User Reviews

More

User comment

1

Comments

Write a review

hgduug
more than one year
MINSHENG FUTURES is truly a headache. When I tried to withdraw funds, the assistant Liu Ya actually restricted withdrawals and locked my account. Such inconvenience really makes me angry. I hope they can solve these problems and provide a more friendly user experience.
MINSHENG FUTURES is truly a headache. When I tried to withdraw funds, the assistant Liu Ya actually restricted withdrawals and locked my account. Such inconvenience really makes me angry. I hope they can solve these problems and provide a more friendly user experience.
Translate to English
2023-12-20 18:31
Reply
0
0
1