Score

7.86 /10
Good

HONGTA FUTURES

Regulated in China

Futures License

C

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Score

Regulatory Index7.83

Business Index7.24

Risk Management Index9.65

Software Index7.05

License Index7.83

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HONGTA FUTURES · Company summary
HONGTA FUTURES Review Summary in 6 Points
Founded 1993
Registered Country/Region China
Regulation Regulated by CFFEX
Financial Services Risk management, Asset management, Futures and spot trading
Trading Platform HONGTA FUTURES App
Customer Support Address, phone, email, WeChat official account

What is HONGTA FUTURES?

Established in 1993 in Yunnan, China, HONGTA FUTURES operates through its fully-owned subsidiary, Shanghai Hongta Zhongxin Enterprise Management Co., Ltd. Their expertise lies in offering specialized services in Risk Management, Asset Management, Futures and spot trading. Committing to credibility and legal operations, HONGTA FUTURES is regulated and licensed by the China Financial Futures Exchange (CFFEX) and operates under the license number 0180.

HONGTA FUTURES' homepage

In the ensuing article, we will assess and delineate the various aspects of this financial entity, presenting information in an accurate and structured format. If this content resonates with your interests, we encourage you to continue reading. Concluding the article, we will provide a succinct summary, highlighting the unique traits of this financial institution, thus facilitating you with a swift understanding of its prominent characteristics.

Pros & Cons

Pros Cons
• CFFEX regulated • Trading fees charged
• Multiple trading instruments and services

Pros:

  • CFFEX Regulation: Hongta Futures operates under the regulatory framework of CFFEX, ensuring compliance and a secure trading environment.

  • Multiple trading instruments and services: Offering diverse financial instruments and services enhances user flexibility and accessibility to diversify customer's trading portofolio.

Cons:

  • Trading Fees Charged: Users should be mindful of associated trading fees, impacting overall transaction costs. It's important to consider these charges when planning trades.

Is UAXI FUTURES Safe or Scam?

When considering the safety of a financial company like HONGTA FUTURES or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a financial company:

  • Regulatory sight: HONGTA FUTURES is supervised by the China Financial Futures Exchange (CFFEX) and operates under license number 0180. This regulation confirms the institution's adherence to legal and ethical standards, enhancing the firm's reliability. However, it's crucial to note that regulatory compliance and experience don't guarantee the firm's security or legitimacy.

regulated by CFFEX
  • User feedback: For a more comprehensive understanding of the broker, it's recommended that traders read reviews and feedback from current clients. These user-experiences and shared insights can be explored on trustworthy websites and discussion forums.

  • Security measures: HONGTA FUTURES adheres to stringent anti-money laundering policies to ensure secure financial transactions, enhancing the overall safety measures for its clients.

Eventually, the choice to engage in trade with HONGTA FUTURES or not deeply relies on individuals. It's crucial for you to carefully balance the potential risks and advantages before coming to a decision.

Financial Services

Established in April 2019 with the backing of the China Futures Association, Hongta Futures operates through its fully-owned subsidiary, Shanghai Hongta Zhongxin Enterprise Management Co., Ltd. The subsidiary is fully qualified in all categories of risk management, including basis trading, warehouse receipt services, cooperative hedging, OTC derivatives, market making, and other risk management-related services. As a platform serving industry clients, the subsidiary offers customized solutions that cater to the diverse needs of industrial clients, real-world enterprises, and financial institutions. This involves analysis and hedging of risk exposures using both on-exchange and off-exchange derivative instruments, coupled with futures and spot trading.

Additionally, in January 2015, the company gained the qualification for asset management business from the China Futures Association. After establishing internal control mechanisms, the company has progressively carried out its asset management operations to serve the real economy with futures services and meet the wealth management needs of its clients.

How to Open an Account?

To open an account with HONGTA FUTURES, follow these steps:

Step 1: Visit HONGTA FUTURES' website, click the “login”button.

Step 2: Verify your identification by uploading your ID.

Step 3: Fill in your personal data.

Step 4: Add your bank information.

Step 5: Specify your investor type.

Step 6: Complete the risk test.

Step 7: Agree to the user policy.

Step 8: Complete a video verification.

Step 9: Install the digital certificate.

Step 10: Sign the agreement.

Step 11: Complete the online questionnaire.

Step 12: Submit your application.

Another method to open an account with the company is to visit their branch offices which can be looked up through https://www.hongtaqh.com/wsyyt/yywd.html.

Trading Platform

The Hongta Futures App, developed and operated by Hongta Futures Co., Ltd., is a comprehensive futures investment platform meeting the needs of trading investors with different preferences.

Offering core functions like online account opening, real-time quotes, and mobile trading, it ensures a versatile experience. Notably, with both desktop and mobile versions available, the app seamlessly adapts to users' preferences, providing accessibility and convenience across various devices. This dual-platform delivers an adaptable trading environment, accommodating investors whether they prefer desktop computers or mobile devices.

Hongta Futures App

Deposit & Withdrawal

Hongta Futures facilitates bank-futures transfer as a crucial component of its financial operations. This process involves the movement of funds between a user's bank account and their futures account with Hongta Futures. The transfer enables clients to allocate capital for trading purposes, providing liquidity within the futures market. This financial transaction is integral to the seamless functioning of futures trading platforms, allowing users to manage and invest funds efficiently based on market opportunities and strategies.

Fees

Hongta Futures imposes varied fees for different futures for diverse nature of financial instruments within its portfolio. Users seeking detailed information on specific fees associated with particular futures contracts can visit the official fee website at https://www.hongtaqh.com/wsyyt/sxftz.html. The provided web resource offers a comprehensive breakdown of fees, ensuring transparency and allowing clients to make informed decisions based on the cost structure associated with their chosen futures transactions.

Customer Service

Hongta Futures' customer service is accessible through diverse channels, encompassing email and phone support. Quick assistance is available through their comprehensive FAQ section on the website, while physical help can be obtained at their office address. Additionally, they maintain an active presence on social media such as WeChat official account.

Phone: 0871-63614258.Email: hongtaqh@hongtaqh.com.Address: No. 168, Chuncheng Road, Kunming City, Yunnan Province, China.Customer service number: 0871-63614058.

contact details

Education

Hongta Futures offers a wealth of educational resources. Within this framework, their detailed trade rules contribute to a comprehensive understanding of market operations, providing clarity and transparency.

Additionally, the futures education programs curated by Hongta Futures are designed to equip users with essential knowledge, enhancing their proficiency and enabling more informed decision-making in the dynamic landscape of futures trading.

Conclusion

HONGTA FUTURES, a China-based financial firm, offers an array of financial services including Risk management, Asset management, Futures and spot trading. Being regulated by the China Financial Futures Exchange (CFFEX) significantly bolsters its credibility. However, we still encourage interested investors to conduct careful investigation and seek for firsthand information from HONGTA FUTURES before making any investment decisions.

Frequently Asked Questions (FAQs)

Q 1: Is HONGTA FUTURES regulated?
A 1: Yes. It has been verified that this company is currently under CFFEX regulation with license no.0180.
Q 2: What kind of trading instruments does HONGTA FUTURES offer?
A 2: HONGTA FUTURES is a China-based financial company offers financial instruments including Risk management, Asset management, Futures and spot trading.
Q 3: Is HONGTA FUTURES a good financial company for beginners?
A 3: Yes, it's suitable for beginners not only because it's well regulated by CFFEX, but also because of the wide range of products and services available.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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water8331
more than one year
Trading with Hongta Futures has been a fantastic experience for me. Their platform is easy to navigate, responsive, and intuitive. One feature that stands out is the variety of futures trading options they offer, which means I can always find something that fits my investment strategy. I also appreciate their commitment to education, as the resources available have been really helpful in refining my trading skills. The customer service really seals the deal – they've been responsive and helpful whenever I've had a question or encountered an issue. Keep up the good work, Hongta Futures!
Trading with Hongta Futures has been a fantastic experience for me. Their platform is easy to navigate, responsive, and intuitive. One feature that stands out is the variety of futures trading options they offer, which means I can always find something that fits my investment strategy. I also appreciate their commitment to education, as the resources available have been really helpful in refining my trading skills. The customer service really seals the deal – they've been responsive and helpful whenever I've had a question or encountered an issue. Keep up the good work, Hongta Futures!
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2024-01-19 18:46
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Dily
more than one year
HONGTA FUTURES is an average choice for forex trading. The platform offers standard features, but the user interface feels outdated, making navigation less intuitive. The execution speed is acceptable, yet there's room for improvement. Customer support is responsive, although not consistently helpful. The range of available currency pairs is satisfactory, but the lack of educational resources may hinder beginners. Account funding options are limited, and withdrawal processes can be cumbersome.
HONGTA FUTURES is an average choice for forex trading. The platform offers standard features, but the user interface feels outdated, making navigation less intuitive. The execution speed is acceptable, yet there's room for improvement. Customer support is responsive, although not consistently helpful. The range of available currency pairs is satisfactory, but the lack of educational resources may hinder beginners. Account funding options are limited, and withdrawal processes can be cumbersome.
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2023-12-28 13:38
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