Score

8.06 /10
Good

FOUNDER CIFCO FUTURES

Regulated in China

Futures License

Suspicious Scope of Business

C

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Score

Regulatory Index7.83

Business Index7.28

Risk Management Index9.66

Software Index7.05

License Index7.83

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FOUNDER CIFCO FUTURES · Company summary
FOUNDER CIFCO FUTURES Review Summary
Founded 5-10 years
Registered Country/Region China
Regulation CFFEX (NO. 0167)
Market Instruments Metals, Crude Oil, Futures
Trading Platforms CQG, Esunny, Bloomberg
Minimum Deposit N/A
Customer Support 24/7 support, Email: gjywb@foundersc.com, Phone: +86 10 85881336

What is FOUNDER CIFCO FUTURES?

FOUNDER CIFCO FUTURES is a brokerage firm is registered in China. The company offers trading instruments Metals, Crude Oil, Futures through the CQG, Esunny, Bloomberg trading platforms. It is currently regulated by China Financial Futures Exchange (CFFEX NO. 0167).

FOUNDER CIFCO FUTURES' home page

We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece.

Pros & Cons

Pros Cons
• Regulated • No MT4/5 trading platform
• Diverse trading instruments
• 24/7 Support

FOUNDER CIFCO FUTURES Alternative Brokers

There are many alternative brokers to FOUNDER CIFCO FUTURES depending on the specific needs and preferences of the trader. Some popular options include:

• SHENGDA FUTURES - Shengda Futures is a futures commission merchant (FCM) that is regulated by the China Futures Association (CFA). The company was founded in 2005 and is headquartered in Shenzhen, China. Shengda Futures offers a wide range of futures trading services, including online trading, margin financing, and research and analysis.

• Ruida Futures - Ruida Futures is a futures commission merchant (FCM) that is regulated by the China Futures Association (CFA). The company was founded in 2013 and is headquartered in Shenzhen, China. Ruida Futures offers a wide range of futures trading services, including online trading, margin financing, and research and analysis. The company also offers a variety of educational resources for traders of all levels.

• XIANRONG FUTURES - Xianrong Futures is a futures commission merchant (FCM) that is regulated by the China Futures Association (CFA). The company was founded in 2018 and is headquartered in Xi'an, China. Xianrong Futures offers a wide range of futures trading services, including online trading, margin financing, and research and analysis. Xianrong Futures is a relatively new company, but it has quickly grown to become one of the leading futures brokers in China.

Is FOUNDER CIFCO FUTURES Safe or Scam?

FOUNDER CIFCO FUTURES is regulated by the China Financial Futures Exchange (CFFEX NO. 0167), which is the largest and most reputable futures exchange in China. CFFEX is a self-regulatory organization that is overseen by the China Securities Regulatory Commission (CSRC). This means that FOUNDER CIFCO FUTURES is subject to strict regulations and oversight, which helps to ensure the safety of its customers.

regulated by CFFEX

In addition to being regulated by CFFEX, FOUNDER CIFCO FUTURES is also a member of the China Futures Association, which is a professional association for the futures industry in China. This membership further indicates that FOUNDER CIFCO FUTURES is a reputable and trustworthy company.

It is always important to do traders own due diligence before investing in any financial product or service.

Market Instruments

FOUNDER CIFCO FUTURES offers a wide range of market instruments, including Metals, Crude Oil, Futures.

• Commodities are raw materials that are used in the production of goods and services. They include agricultural products such as wheat, corn, and soybeans; energy products such as crude oil, gas, and coal; and metals such as gold, silver, and copper.

• Metals are elements that are solid at room temperature and have a high melting point. They are spot or futures trading.

Futures are a type of derivative contract that obligates the buyer to purchase an asset or the seller to sell an asset at a predetermined price on a predetermined date in the future. Futures contracts are standardized, which means that they have a set quantity, quality, and delivery date. This makes them easy to trade on exchanges.

How to Open an Account?

To open an account with FOUNDER CIFCO FUTURES, you can follow the below steps:

Go to the official website of FOUNDER CIFCO FUTURES.

1. In the top of the homepage, click on the “Account Opening” label, then click “Open Account”or “DownLoad” button.

This will take you to the account registration page.

click on the Account Opening“ label

2. Fill in the required information, including email address, message, send the application information to managers, and waiting for response from company through email.

fill in required info

Once your account is set up, you will receive a confirmation email from FOUNDER CIFCO FUTURES.

Follow the instructions in the confirmation email to verify your email address and complete the account activation process.

Commissions

Commission show like below:

Exchange Commission Standard
Exchange Product Code Contacts Trading Commission Commission to close out intraday positions
INE Crude Oil sc all contracts 20 0
Crude Oil Option sc_o 10
TSR 20 nr 0.2bp of the turnover
Low Sulfur Fuel Oil lu 0.1bp of the turnover 0.1bp of the turnover
Bonded Copper bc 0.1bp of the turnover 0
DCE RBD Palm Olein p 2.5 2.5
Iron Ore i 1bp of the turnover 1bp of the turnover
Iron Ore Option i_o 2 2
ZCE PTA TA Jan, May, Sept and far-month contracts 3 0
near month (Jan, May, Sept excluded) 1.5

Trading Platforms

FOUNDER CIFCO FUTURES offers several trading platforms for its clients, including CQG, Esunny, and Bloomberg.

CQG is a leading provider of trading technology for the financial markets. Its flagship product, the CQG Trading Platform, is used by traders of all experience levels to trade a variety of assets, including stocks, bonds, currencies, and commodities.

Esunny is a Chinese-based trading platform that is popular among traders in Asia.

Bloomberg is a global provider of financial information and news. Its Bloomberg Terminal is a powerful tool that can be used to track market data, analyze trends, and make trading decisions.

The best platform for you will depend on your individual trading needs and preferences.

See the trading platform comparison table below:

Broker Trading Platforms
FOUNDER CIFCO FUTURES CQG, Esunny, Bloomberg
SHENGDA FUTURES CTP (China Financial Futures Trade System)
Ruida Futures MT(MultiTrade)
XIANRONG FUTURES WH6

Deposits & Withdrawals

There is no information on the specific deposit and withdrawal methods that are accepted by FOUNDER CIFCO FUTURES, or on any fees that may be charged for deposits or withdrawals. Traders can make this information more readily available on their website.

FOUNDER CIFCO FUTURES minimum deposit vs other brokers

FOUNDER CIFCO FUTURES Most other
Minimum Deposit N/A $100

Customer Service

Customers can get in touch with their customer service line using the information provided below:

24/7 support

Email: gjywb@foundersc.com

Phone: +86 10 85881336

Address: 22/F Taikang Financial Tower, Building 1, 38# East 3rd Ring North Road, Chaoyang District, Beijing, P. R. China 100026.

Conclusion

In conclusion, FOUNDER CIFCO FUTURES is a brokerage firm that provides access to a wide range of trading instruments and offers CQG, Esunny, Bloomberg platform to cater to different trading preferences. The company currently has domestic regulated by China Financial Futures Exchange (CFFEX NO. 0167). Traders should exercise caution and conduct thorough research when considering FOUNDER CIFCO FUTURES or any other brokerage firm, taking into account factors such as reputation, client feedback, and regulatory compliance. Making an informed decision requires a comprehensive evaluation of all relevant factors beyond the information provided here.

Frequently Asked Questions (FAQs)

Q1: What types of trading instruments are available at FOUNDER CIFCO FUTURES?
A1: FOUNDER CIFCO FUTURES offers a variety of trading instruments, including Metals, Crude Oil, Futures.
Q 2: Does FOUNDER CIFCO FUTURES offer demo accounts?
A 2: No.
Q3: Is FOUNDER CIFCO FUTURES a regulated brokerage firm?
A3: Yes.It has domestic regulation by CFFEX (NO. 0167).
Q4: What trading platforms does FOUNDER CIFCO FUTURES provide?
A4: FOUNDER CIFCO FUTURES offers CQG, Esunny, Bloomberg trading platforms.

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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