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8.04 /10
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HUISHANG FUTURES

Regulated in China

Futures License

Chinese market only

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Regulatory Index7.83

Business Index7.15

Risk Management Index9.64

Software Index7.05

License Index7.83

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HUISHANG FUTURES · Company summary
Huishang Futures Basic Information
Founded in 2007
Website http://en.hsqh.net/
Headquarters Hefei, Anhui Province, China
Regulated By China Financial Futures Exchange (CFFEX)
Products & Services Futures Brokerage, Asset management, and Investment Consulting Services
Commission From CNY 1 to 5 per lot depending on the asset traded
Spread N/A
Mobile Trading Yes, on iOS and Android devices
Customer Support Phone, Email, Live Chat, WeChat

Overview of HUISHANG FUTURES

Established in 2007,Huishang Futures is a futures brokerage firm registered in Anhui, China. The company is a subsidiary of Huishang Bank, which is one of the largest banks in China. Huishang Futures has been providing professional futures trading services since its establishment, primarily engaged in futures brokerage, asset management, and investment consulting services. Huishang Futures is a member of the Shanghai Futures Exchange and the Dalian Commodity Exchange. Huishang Futures aims to provide its clients with professional and high-quality financial services, and has a team of experienced professionals to offer comprehensive support to its clients.

Ever since its foundation in 2007, Huishang Futures has had a rapid rise in market share, thanks to the capture of opportunities and new ideas; it has developed by leaps and bounds, with its clients and profit increased by more than 100 times. The company boasts of over 189,000 clients, and the futures trading volume has exceeded 100 million lots for several years, reached 257 million lots in 2020. In terms of return on equity, it has been rated Top two among Chinas futures companies for seven consecutive years, during which it topped the industry in 2013,2016,2017,and 2018. Over the years, it remains one of the top 10 futures companies in China in both trading volume and incomes.

Moreover, Huishang Futures offers its clients a range of educational resources and support to help them develop their trading skills and knowledge. These include trading seminars, webinars, market analysis, and research reports, all designed to equip clients with the tools they need to make informed trading decisions.

basic-info

Is Huishang Futures regulated?

Huishang Futures is a well-regulated futures brokerage firm that complies with various regulatory requirements to ensure the safety and security of its clients' investments. As a regulated entity, Huishang Futures operates in a highly transparent and trustworthy manner. It is licensed and regulated by the China Financial Futures Exchange (CFFEXC), which is the primary regulatory body for futures trading in China.

regulation

Pros and Cons

As with any company, Huishang Futures has its strengths and weaknesses. Let's take a closer look at what makes this brokerage stand out from the competition, as well as some areas where there may be room for improvement. By examining both the positive and negative aspects of Huishang Futures, you can make an informed decision about whether this firm is the right fit for your trading needs.

Pros Cons
Regulated by top authority Limited customer support options
Wide range of futures products Limited research and analysis tools
Competitive commission and fees Limited availability outside of China
Advanced trading platforms No demo account available
Access to international futures markets
Professional Customer Service

Products & Services

Huishang Futures offers a wide range of products and services to meet the diverse needs of their clients. They provide futures trading in a variety of asset classes, including commodities, metals, energy, and agricultural products. They also offer financial futures trading, including stock index futures, interest rate futures, and currency futures.

In addition to futures trading, Huishang Futures provides a range of related services to help clients make informed trading decisions. These services include market analysis, research reports, and trading strategies. They also offer professional training and education programs to help clients improve their trading skills and stay up-to-date on market developments.

products

How to open an account with Huishang Futures?

Opening an account with Huishang Futures is a straightforward process that can be completed online or in person at one of its branch locations.

  1. The first step is to visit the Huishang Futures website and fill out an account application form, which requires basic personal and financial information.

  2. Once the application is submitted and approved, clients can fund their account through bank transfers or other supported payment methods.

  3. After the account is funded, clients can begin trading a wide range of futures products and take advantage of the various services and resources provided by Huishang Futures.

open-account

Fees

In terms of fees and commissions, Huishang Futures offers competitive rates that are in line with industry standards. Clients can expect to pay a combination of exchange and brokerage fees, with rates varying depending on the specific futures contract being traded. However, it's worth noting that the company does offer volume discounts for frequent traders.

Here are the fees and commissions for different futures products at Huishang Futures:

  • For commodity futures: the commission ranges from 1-5 Yuan per lot, and the trading fee is between 0.05-0.3 Yuan per lot.

  • For stock index futures: the commission ranges from 1-3 Yuan per lot, and the trading fee is between 0.05-0.3 Yuan per lot.

  • For foreign exchange futures: the commission is 30 Yuan per lot, and the trading fee is 20 Yuan per lot.

  • For precious metals futures: the commission is 20 Yuan per lot, and the trading fee is 20 Yuan per lot.

fees

Trading Platform

Huishang Futures's dedication to providing clients with comprehensive and user-friendly trading platforms is impressive. From the web-based Huishang Pro platform to the more advanced Huishang Pro X desktop software, there is a solution for traders of all levels. Additionally, the availability of mobile trading apps for both iOS and Android devices allows clients to stay connected to the markets no matter where they are.

Customer Support

Huishang Futures takes great pride in its customer service and offers a range of support options for clients. The company believes that providing exceptional customer service is essential to building long-term relationships with clients.

One of the key ways Huishang Futures supports its clients is through its dedicated customer support team. This team is available to answer any questions or concerns clients may have about their accounts or the trading process. The team is highly trained and experienced, and strives to provide prompt and accurate responses to all inquiries.

customer-support

Educational Resources

In addition to its customer support team, Huishang Futures also provides clients with access to a range of educational resources. These resources are designed to help traders of all levels improve their knowledge and skills, and include webinars, video tutorials, and other educational materials.

For clients who prefer more personalized support, Huishang Futures also offers one-on-one coaching and training. This service is designed to help traders develop customized trading strategies and improve their overall performance.

Conclusion

Huishang Futures' commitment to providing a wide range of products and services meets the diverse needs of its clients. The company's advanced technology, extensive research resources, and professional team make it a reliable choice for those seeking to invest in the futures market.

However, it is important to note that there are areas where Huishang Futures could improve. The lack of educational resources and limited customer support options may be a drawback for novice traders.Additionally, the relatively high fees and commissions may make it less accessible for those who are just starting out.

In conclusion, Huishang Futures is a solid option for experienced traders who are looking for a reliable futures brokerage with advanced technology and research resources. However, novice traders may want to consider other options due to the lack of educational resources and limited customer support, as well as the higher fees and commissions.

FAQs

  • Q: Is Huishang Futures a regulated company?

A: Yes, Huishang Futures is regulated by the China Financial Futures Exchange (CFFEX), with License No. 0187.

  • Q: What products can I trade with Huishang Futures?

A: Huishang Futures offers a range of products including commodity futures, financial futures, and options.

  • Q: What is the minimum deposit required to open an account with Huishang Futures?

A: The minimum deposit required to open an account with Huishang Futures varies depending on the type of account you choose. It is recommended to check their website or contact their customer support for the latest information.

  • Q: What trading platforms does Huishang Futures offer?

A: Huishang Futures offers several trading platforms including Huishang Online Trading Platform, Huishang Futures Mobile Trading Platform, and Huishang Futures Trader.

  • Q: Does Huishang Futures offer demo accounts?

A: Yes, Huishang Futures offers demo accounts for users to practice trading and familiarize themselves with the trading platforms.

  • Q: What are the trading hours for Huishang Futures?

A: The trading hours for Huishang Futures vary depending on the products you are trading. It is recommended to check their website or contact their customer support for the latest information.

  • Q: What are the fees and commissions for trading with Huishang Futures?

A: The fees and commissions for trading with Huishang Futures vary depending on the products and accounts you choose. It is recommended to check their website or contact their customer support for the latest information.

  • Q: What customer support options does Huishang Futures offer?

A: Huishang Futures offers customer support through phone, email, and online chat. They also have a FAQ section on their website to answer common questions.

  • Q: Does Huishang Futures offer educational resources for traders?

A: Yes, Huishang Futures offers a range of educational resources including market analysis, trading guides, and webinars.

  • Q: Can I trade with Huishang Futures if I am not a resident of China?

A: Yes, Huishang Futures accepts clients from other countries, but it is recommended to check their website or contact their customer support for the latest information on the countries they accept.

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