Abstract:An established Chinese firm, Huishang Futures, offers diverse trades via a digital platform. With pros like stability and cons like limited global reach. Learn more.
HUISHANG FUTURES Review Summary | |
Founded | 2009-10-21 |
Registered Country/Region | China |
Regulation | Regulated |
Market Instruments | Commodity futures, financial futures, and options |
Simulation | ✅ |
Trading Platform | Fast Trading V2, V3, Wenhua Ying Shun WH6, Huishang Financial News, and Huishang e-Home (available on both computer and mobile platforms) |
Customer Support | 400 887 8707 |
0551-62865905, 62865867 | |
Online Chat |
As an established futures company in China, Huishang Futures Co., Ltd., relying on its digital intelligent platform and comprehensive service system, provides investors with diverse trading options covering commodity futures, financial futures, and options. Its business scope covers multiple fields such as futures brokerage, asset management, and investment consultation.
Pros | Cons |
Regulated | Limited coverage of business regions |
An established futures company | Limited international business |
Digital intelligent platform | |
A sound service system |
Huishang Futures is a legal and compliant futures company. Huishang Futures Co., Ltd. is supervised by the China Financial Futures Exchange (CFFEX). Its supervision number is 0187, which ensures the safety of futures trading.
On the platform of Huishang Futures, investors can trade various futures and option varieties. For commodity futures, they include silver, aluminum, gold, etc. of the Shanghai Futures Exchange; No.1 Yellow Soybean, coke, etc. of the Dalian Commodity Exchange; crude oil, No.20 Rubber, etc. of the Shanghai International Energy Exchange. For financial futures, they cover futures varieties such as the CSI 500 Stock Index, the CSI 300 Stock Index, 5-year Treasury Bonds, etc., of the China Financial Futures Exchange. Investors can also choose many option contracts, involving cotton options, soybean meal options, crude oil options, stock index options, etc.
Tradable Instruments | Supported |
Commodity futures | ✔ |
Financial futures | ✔ |
Options | ✔ |
Huishang Futures offers various account types, including individual accounts mainly used for personal futures investment and trading, and institutional accounts that are targeted at corporate investors such as enterprises and financial institutions. The institutional accounts support enterprises in carrying out various investment operations such as hedging and arbitrage.
The fees of Huishang Futures mainly include handling fees and margin. The handling fees are charged in two ways: by amount and by lot. For example, for the apple futures of the Zhengzhou Commodity Exchange, the opening of a position is charged 20 yuan per lot, and the closing of an intraday position is charged 80 yuan; for methanol, the opening handling fee is charged at 0.0004 of the transaction amount.
Huishang Futures provides investors with computer-based trading software, such as Fast Trading V2, V3, Wenhua Ying Shun WH6, Boyi Cloud, Yisheng, etc. Investors can also flexibly choose mobile trading software, including Huishang Financial News, Huishang e-Home, Huishang Mobile Wealth, etc.
Category | Method | Time |
Deposit Method | Bank-Futures Transfer System | 9:00-15:30 on trading days; 21:00 - 02:30 for some banks |
Manual Deposit | 8:30-16:00 | It is required to transfer funds through the same bank as the registered bank account (such as a telegraphic transfer or online banking). |
Withdrawal Method | Bank-Futures Transfer System | 9:01-15:30 on trading days (not available during the night trading session) |
Manual Withdrawal | Contact the customer manager | Fill in the “Withdrawal Application Form.” For large amounts (> 1 million yuan), a telephone appointment is required; for special circumstances, a separate application is required. |
Have you been facing account blockage issues at the Saint Lucia-based forex broker i.e., Vebson? Do you receive an email from Vebson about KYC verification, which you had successfully done during the challenge, upon submission of a withdrawal request ? Has the customer support team failed to respond to your queries? Well, these are nothing new at Vebson, which has been doing these for traders. Many traders have expressed their disappointment on broker review platforms. In this article, we have shared their reviews. Have a look!
Do you feel dissatisfied with your overall trading experience at eXcentral? Does the forex broker refuse to entertain your withdrawal requests? Have you been bereft of your hard-earned capital because of constant losing trades at eXcentral? Have eXcentral officials pushed you into risky trades under the lure of guaranteed profits? These experiences have been shared by many traders on review platforms. In this article, we have shared their negative reviews of the broker.
Colmex Pro is a CYSEC-regulated Cyprus broker offering stocks, CFDs, and MT4; learn about licenses, fees, platform logins, and account requirements.
There are many offshore forex brokers operating in the market today, some of which claim to be regulated but only by weak or lesser-known authorities, not by reputable financial regulators. Unfortunately, many traders don’t verify these details and end up falling into their trap, often losing their hard-earned money. OzenFX is one such broker that’s been active recently.