WESTERN 　　

WESTERN | 2024-10-22 17:16

Lời nói đầu：WESTERN, a China-based company, has established itself in the financial market within the last 5-10 years. The company operates under the regulatory framework of CFFEX, ensuring a secure trading environment. WESTERN offers a diverse range of market instruments including Crude Oil, TSR 20, LSFO (Low Sulfur Fuel Oil), Bonded Copper, Iron Ore, Palm Olein, PTA, and Sugar. 　　Traders can choose from different account types - Standard, Pro, and VIP - with a minimum deposit requirement of $100. The company provides a maximum leverage of 1:500, allowing traders to optimize their positions. Competitive spreads starting from 0.0 pips enhance the attractiveness of WESTERN's trading offerings.

Western Futures
Founded	2013
Registered Country/Region	China
Regulation	CFFEX
Market Instruments	Crude Oil, TSR 20, LSFO(Low Sulfur Fuel Oil), Bonded Copper, lron Ore, Palm Olein, PTA, and Sugar
Account Type	Standard Account, Pro Account, and VIP Account
Demo Account	✔
Leverage	1:500
Spread	Start from 0.0pips
Deposit & Withdrawal	Bank Transfer
Trading Platform	WeChat and App
Minimum Deposit	$100
Customer support	Phone: 400-6886896, 021-60276066Headquarters Address: 9F &10F, Room 10000, Building 8, No. 319, Dongxin Street, Xincheng District, Xian City8F, Building T3, No. 276 Yaoti Road, Pudong New Area Shanghai,China
Educational Resource	Morning Express, Quick Review, and Monthly Report

Western Futures Information

Western Futures, founded in 2013, is an old brokerage registered in China. The trading instruments it provides cover Crude Oil, TSR 20, LSFO(Low Sulfur Fuel Oil), Bonded Copper, lron Ore, Palm Olein, PTA, and Sugar.

Pros and Cons

Pros	Cons
Regulated	Limited Trading Platforms
Diverse Market Instruments	Bank Transfer Only
Multiple Account Types	Limited Communication Channels
Competitive spreads from 0.0 pips
Low Minimum Deposit

Is Western Futures Legit?

Western Futures is regulated by China Finanicial Futures Exchange(CFFXE).

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
China	CFFEX	Western Futures	No Sharing	0160	Regulated

Which Futures Can I Trade on Western Futures?

Western Futures offers traders the opportunity to trade Crude Oil, TSR 20, LSFO(Low Sulfur Fuel Oil), Bonded Copper, lron Ore, Palm Olein, PTA, and Sugar.

Futures	Supported
Crude Oil	✔
TSR 20	✔
LSFO(Low Sulfur Fuel Oil)	✔
Bonded Copper	✔
lron Ore	✔
Palm Olein	✔
PTA	✔
Sugar	✔
Gold	❌

Account Types

Western Futures offers 3 different types of accounts to traders -Standard Account, Pro Account, and VIP Account.It also provides demo account.

Account Type	Minimum Deposit	Leverage
Standard Account	$100	1:30
Pro Account	$500	1:500
VIP Account	$10,000	Negotiable

Western Futures Fees

3 accounts are different in spreads and commission. Different futures have different spreads. VIP Account's spread is the lowest, starting with 0.0pips, and charges no fee. Standard Account's spread and fees are the highest.

Account Type	Account Inactivity Fee	Typical Spreads (Examples)
Standard Account	$10 per month after 6 months of inactivity	Crude Oil: 1.8 pips, TSR 20: 2.2 pips, LSFO: 2.0 pips
Pro Account	$20 per month after 6 months of inactivity	Crude Oil: 1.2 pips, TSR 20: 1.6 pips, LSFO: 1.5 pips
VIP Account	No	Crude Oil: 0.0 pips + $3/lot, TSR 20: 0.0 pips + $2/lot, LSFO: 0.0 pips + $3.5/lot