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Regulatory Index7.83
Business Index7.25
Risk Management Index9.66
Software Index7.05
License Index7.83
Single Core
1G
40G
Aspect | Information |
Company Name | Haitong Futures |
Registered Country/Area | China |
Founded Year | 2017 |
Regulation | CFFEX |
Market Instruments | Asset Management, Investment Research, Commodity Futures, Risk Management |
Account Types | Ordinary Account, Professional Account, Arbitrage Account, Hedging Account, Options Account, International Account |
Maximum Leverage | 1:10 |
Spreads | 0.2-3 point |
Trading Platforms | Boyi Master (Desktop), Wing Chun Master 2 (Web-based), Wuxianyi (Professional-grade), Mobile Trading App |
Demo Account | Available |
Customer Support | Email: service@htfutures.com<br>Hotline: 400-820-9133 |
Deposit & Withdrawal | Bank Transfer, Securities Transfer, Online Payment (Alipay, WeChat Pay) |
Educational Resources | Guids with Futures, Laws and Regulations, Risk Disclosure, Futures Academy |
Founded in 2017, Haitong Futures is a regulated futures broker in China offering a wide range of products and services. They cater to diverse investor types with multiple account options, from beginners with 1:10 leverage to seasoned traders seeking high-performance platforms and advanced tools. Their diverse market instruments include asset management, investment research, commodity futures, and risk management solutions. Educational resources like guides, webinars, and a dedicated Futures Academy ensure clients are well-equipped for success. Although primarily focused on the Chinese market, Haitong Futures presents a compelling option for investors seeking a regulated and comprehensive futures trading experience.
Pros | Cons |
Regulated Futures Broker: Adheres to strict regulations for client protection. | Limited International Reach: Primarily focused on the Chinese market. |
Wide Range of Products: Offers futures contracts on various commodities and options. | Potentially High Fees: Fees can be higher depending on account type and trading volume. |
Multiple Account Types: Tailored options for diverse trader needs. | Leverage Risks: High leverage options present significant risk. |
Educational Resources: In-depth information and learning opportunities. | Language Barrier: Website and resources primarily in Chinese. |
Advanced Trading Tools: Supports technical analysis with charting software. | Limited Customer Reviews: Relatively less online presence and user reviews. |
Accessible Platforms: User-friendly web and mobile platforms. | |
Customer Support: Multiple channels for assistance. |
Pros:
Regulated futures broker: Adheres to strict regulations for client protection and financial stability.
Wide range of products: Offers futures contracts on various commodities and options trading, catering to diverse needs.
Multiple account types: Tailored options with varying leverage and fee structures for beginners and experienced traders.
Educational resources: Provides in-depth information and learning opportunities through online platforms, seminars, and research tools.
Advanced trading tools: Supports technical analysis with charting software, indicators, and real-time market data.
Accessible platforms: Offers user-friendly web and mobile platforms for seamless trading on the go.
Customer support: Provides multiple channels for assistance through email, hotline, and online resources.
Cons:
Limited international reach: Primarily focused on the Chinese market with limited access to international exchanges.
Potentially high fees: Fees vary depending on account type and trading volume, but can be higher than some competitors.
Leverage risks: High leverage options present significant risk of potential losses for inexperienced traders.
Language barrier: Website and resources primarily in Chinese, limiting accessibility for non-Mandarin speakers.
Limited customer reviews: Relatively less online presence and availability of user reviews compared to established global brokers.
According to the China Financial Futures Exchange (CFFEX) website, Haitong Futures is a regulated entity. It is a member of the CFFEX and holds a futures license with the exchange. The license number is 0133.
The CFFEX is a regulated futures exchange in China. It is one of the largest futures exchanges in the world, and it is overseen by the China Securities Regulatory Commission (CSRC). The CSRC is the primary regulator of the securities industry in China, including the futures industry.
Haitong Futures offers a wide range of products and services to its customers. These products and services can be divided into four main categories:
Asset management:
Haitong Futures offers a variety of asset management products, including mutual funds, exchange-traded funds (ETFs), and other investment products. These products are designed to help investors achieve their financial goals, such as retirement planning, wealth accumulation, or income generation.
Investment research:
Haitong Futures provides investment research services to its customers, including macro and industry analysis, strategy development, and risk management consulting. These services are designed to help investors make informed investment decisions.
Commodity futures:
Haitong Futures is a member of the China Financial Futures Exchange (CFFEX), and it offers a variety of commodity futures contracts, including crude oil, soybeans, corn, and copper. These contracts can be used to hedge against price volatility or to speculate on future price movements.
Risk management:
Haitong Futures offers a variety of risk management products and services, including warehousing, pricing, hedging, and margin trading. These products and services are designed to help businesses and individuals manage their financial risks.
Haitong Futures offers a variety of account types to meet the needs of different types of investors. These account types differ in terms of leverage, spreads, and commissions.
Ordinary Account
The ordinary account is the most basic account type offered by Haitong Futures. It offers a leverage of up to 1:10 for commodity futures contracts. The spreads for commodity futures contracts are typically between 1 and 3 points. The commissions for commodity futures contracts are typically between 0.02 and 0.05% of the contract value.
Professional Account
The professional account is designed for experienced investors who are comfortable with higher levels of risk. It offers a leverage of up to 1:20 for commodity futures contracts. The spreads for commodity futures contracts are typically between 0.5 and 1 point. The commissions for commodity futures contracts are typically between 0.01 and 0.02% of the contract value.
Arbitrage Account
The arbitrage account is designed for investors who are looking to profit from price discrepancies between different markets. It offers a leverage of up to 1:5 for commodity futures contracts. The spreads for commodity futures contracts are typically between 0.2 and 0.5 points. The commissions for commodity futures contracts are typically between 0 and 0.01% of the contract value.
Hedging Account
The hedging account is designed for investors who are looking to protect their investments from price volatility. It offers a leverage of up to 1:5 for commodity futures contracts. The spreads for commodity futures contracts are typically between 0.2 and 0.5 points. The commissions for commodity futures contracts are typically between 0 and 0.01% of the contract value.
Options Account
The options account is designed for investors who are looking to trade options contracts. It offers a leverage of up to 1:2 for options contracts. The spreads for options contracts are typically between 0.05 and 0.1 points. The commissions for options contracts are typically between 0.01 and 0.02% of the contract value.
International Account
The international account is designed for investors who are looking to trade futures contracts on international exchanges. It offers a leverage of up to 1:5 for commodity futures contracts on international exchanges. The spreads for commodity futures contracts on international exchanges are typically between 0.5 and 1 point. The commissions for commodity futures contracts on international exchanges are typically between 0.02 and 0.05% of the contract value.
Haitong Futures Account Types Comparison
Feature | Ordinary Account | Professional Account | Arbitrage Account | Hedging Account | Options Account | International Account |
Account Type | Basic | High Risk | Price Discrepancies | Risk Protection | Options Focus | International Markets |
Leverage | 1:10 | 1:20 | 1:05 | 1:05 | 1:02 | 1:05 |
Spreads | 1-3 Points | 0.5-1 Point | 0.2-0.5 Point | 0.2-0.5 Point | 0.05-0.1 Point | 0.5-1 Point |
Commissions | 0.02-0.05% | 0.01-0.02% | 0-0.01% | 0-0.01% | 0.01-0.02% | 0.02-0.05% |
24/7 Live Video Chat Support | Yes | Yes | Yes | Yes | Yes | Yes |
Withdrawals | Instant | Instant | Instant | Instant | Instant | Instant |
Demo Account | Yes | Yes | Yes | Yes | Yes | Yes |
Copy Trading Tool | Yes | Yes | Yes | No | No | No |
Bonus | Welcome Bonus | Performance Bonus | Referral Bonus | No | No | No |
Other Features | Educational resources, Market analysis reports, Mobile app | Advanced platform features, Real-time market data, Customized strategies | Risk management tools, Hedging strategies, Market alerts | Risk management tools, Stop-loss orders, Algorithmic trading | Options strategies, Greeks analysis, Option chains | International market access, Multi-currency support, Global news |
To open an account with Haitong Futures, follow these concise steps:
Choose your account type: Select the account that best suits your needs and risk tolerance based on the features and benefits outlined in the previous table.
Visit the Haitong Futures website: Navigate to the official website of Haitong Futures in your chosen region or language.
Click “Open Account”: Locate the “Open Account” button prominently displayed on the homepage or within the “Account Types” section.
Complete the online application: Fill out the online application form with your personal details, contact information, and financial background.
Upload required documents: Prepare and upload scanned copies of your ID, proof of address, and other verification documents as requested.
Sign the account agreement: Carefully review and electronically sign the account agreement and risk disclosure documents.
Fund your account: Choose your preferred deposit method and transfer the minimum initial deposit required for your chosen account type.
Complete risk assessment: Answer questions to assess your understanding of financial markets and risk tolerance.
Await approval: Your application will be reviewed by Haitong Futures. You will receive a notification via email or phone regarding the approval decision.
Start trading: Once approved, access your trading platform and start exploring the vast range of financial instruments offered by Haitong Futures.
The spreads and commissions charged by Haitong Futures depend on the account type, product type, and trading volume.
Spreads
Spreads are the difference between the bid and ask prices of a financial instrument. Haitong Futures' spreads for commodity futures contracts are typically between 1 and 3 points. For options contracts, spreads are typically between 0.05 and 0.1 points.
Commissions
Commissions are fees charged by a broker for executing trades. Haitong Futures' commissions for commodity futures contracts are typically between 0.02 and 0.05% of the contract value. For options contracts, commissions are typically between 0.01 and 0.02% of the contract value.
Here is a table of spreads and commissions for each account type:
Account Type | Commodity Futures Spreads | Commodity Futures Commissions | Options Spreads | Options Commissions |
Ordinary Account | 1-3 Points | 0.02-0.05% | 0.05-0.1 Points | 0.01-0.02% |
Professional Account | 0.5-1 Point | 0.01-0.02% | 0.02-0.05 Points | 0.01-0.02% |
Arbitrage Account | 0.2-0.5 Point | 0-0.01% | 0.01-0.02 Points | 0-0.01% |
Hedging Account | 0.2-0.5 Point | 0-0.01% | 0.01-0.02 Points | 0-0.01% |
Options Account | 0.05-0.1 Point | 0.01-0.02% | 0.02-0.05 Points | 0.01-0.02% |
International Account | 0.5-1 Point | 0.02-0.05% | 0.02-0.05 Points | 0.02-0.05% |
Haitong Futures provides a range of account types, each associated with specific maximum leverage limits, indicating the amount of funds traders can borrow for engaging in futures contracts.
The Ordinary Account offers a maximum leverage of 1:10, allowing traders to amplify their positions up to ten times their invested capital. The Professional Account provides a higher leverage of 1:20, allowing for increased trading capacity. The Arbitrage and Hedging Accounts both have a maximum leverage of 1:5, facilitating moderate leverage for specific trading strategies. The Options Account features a more conservative leverage of 1:2, reflecting the risk associated with options trading. For international traders, the International Account maintains a leverage limit of 1:5, catering to a diverse range of trading preferences and risk appetites.
It's crucial for traders to be aware of these leverage limits and manage their positions responsibly to mitigate potential risks in the volatile futures market.
Account Type | Leverage Ratio |
Ordinary Account | 1:10 |
Professional Account | 1:20 |
Arbitrage Account | 1:05 |
Hedging Account | 1:05 |
Options Account | 1:02 |
International Account | 1:05 |
Haitong Futures provides a diverse array of trading platforms tailored to cater to the diverse needs of investors. These platforms offer a comprehensive set of features, including real-time market data across major financial instruments, efficient order execution with various order types, in-depth technical analysis tools for identifying market trends, and access to the latest market news and research.
Among the most popular platforms are Boyi Master, a desktop platform offering extensive functionality; Wing Chun Master 2, a user-friendly web-based platform; and Wuxianyi, a professional-grade platform equipped with advanced features for seasoned traders.
Complementing these, Haitong Futures extends accessibility with a mobile trading app, ensuring investors can trade seamlessly on-the-go while enjoying a similar range of features available on desktop and web platforms, such as real-time market data, order execution, and technical analysis.
Haitong Futures provides a diverse range of payment methods and associated fees for account management and trading activities. Deposits can be made efficiently through electronic bank transfers, the fastest and most popular method, incurring minimal fees, usually around 0.1% of the deposited amount. For added convenience, clients holding securities with Haitong Securities, the parent company, can transfer them directly to their futures account without incurring extra charges. Haitong Futures further facilitates fund transfers through partnerships with online payment platforms like Alipay and WeChat Pay, offering users a seamless experience with minimal fees.
Withdrawals are possible via bank transfer to the linked account, with processing times contingent on the bank, and fees typically around 0.1% of the withdrawal amount. Additionally, clients can transfer funds back to their Haitong Securities account, potentially incurring minimal fees depending on the specific security type.
Haitong Futures imposes trading fees that encompass commissions and spreads, with the exact charges contingent on factors such as the account type, traded product, and volume. In addition to these, users should be mindful of potential supplementary fees related to specific services, including platform usage, inactivity, or margin calls, and a comprehensive breakdown of all fees can be accessed on the Haitong Futures website for further reference.
Method | Deposit | Withdrawal | Fees |
Bank Transfer | ✔ (fastest, most popular) | ✔ (processing times vary) | - 0.1% deposit fee - 0.1% withdrawal fee |
Securities Transfer | ✔ (from Haitong Securities) | ✔ (depending on security type) | - Minimal fees possible |
Online Payment | ✔ (Alipay, WeChat Pay) | ❌ | - Minimal fees possible (platform-dependent) |
Haitong Futures provides customer support through multiple channels, including a dedicated email address and a hotline. Users can reach out to the customer service team via email at service@htfutures.com for inquiries, assistance, or information related to their futures trading accounts. Additionally, a hotline is available at 400-820-9133, offering a direct and accessible means of communication for customers seeking real-time assistance. The inclusion of both email and hotline options reflects Haitong Futures' commitment to providing multiple avenues for customer support, ensuring that clients can choose the method that best suits their preferences or urgency of the inquiry.
Haitong Futures provides a comprehensive set of educational resources aimed at empowering investors with the knowledge and skills needed to navigate the complexities of futures trading. The educational offerings cover various aspects of trading and financial markets, including:
Guids with Futures: Geared toward beginners, this resource offers guidance on the basics of futures trading. It may cover topics such as understanding futures contracts, order types, and the mechanics of trading on futures exchanges.
Laws and Regulations: A crucial component for any trader, this section likely outlines the legal and regulatory frameworks governing futures trading. It could include information on compliance, market rules, and the role of regulatory bodies.
Risk Disclosure: Understanding and managing risk is fundamental in trading. This resource provides in-depth insights into the various risks associated with futures trading, helping traders make informed decisions and employ risk mitigation strategies.
Futures Academy: This section serves as an advanced educational hub, offering in-depth courses, webinars, or materials covering advanced trading strategies, technical analysis, and other specialized topics within the realm of futures trading.
The educational resources aim to cater to traders of varying expertise levels, providing a solid foundation for beginners while offering more advanced insights and strategies for experienced investors. It's essential for traders to leverage these resources to enhance their understanding of the financial markets and optimize their trading approach.
In conclusion, Haitong Futures stands as a regulated futures broker, ensuring adherence to strict regulations for client protection, and offering a diverse array of products, including futures contracts on commodities and options. The provision of multiple account types caters to both beginners and experienced traders, accompanied by educational resources and advanced trading tools to enhance user capabilities. Accessible platforms and comprehensive customer support further contribute to the broker's appeal.
However, Haitong Futures faces limitations in its international reach, potentially higher fees based on account types and trading volumes, and a language barrier with resources primarily in Chinese. Despite these disadvantages, its commitment to regulatory compliance, varied product offerings, and robust support infrastructure position Haitong Futures as a noteworthy player in the Chinese futures market.
Q: Is Haitong Futures a legitimate broker?
A: Yes, Haitong Futures is a regulated futures broker in China, licensed by the China Financial Futures Exchange (CFFEX). This means they adhere to strict financial regulations and client protection standards.
Q: What are the spreads and commissions charged by Haitong Futures?
A: Spreads and commissions vary depending on the account type, product traded, and trading volume. Generally, spreads range from 0.2 to 3 points, and commissions from 0.01% to 0.05% of the contract value.
Q: Does Haitong Futures offer a demo account?
A: Yes, Haitong Futures offers a free demo account that allows you to practice trading with virtual money before investing in real funds.
Q: What customer support does Haitong Futures provide?
A: Haitong Futures offers customer support through multiple channels, including email, hotline, and online resources. They also have a dedicated Futures Academy with educational courses and live Q&A sessions.
Q: Can you elaborate on the various account types available at Haitong Futures?
A: Haitong Futures offers a range of account types, such as the Ordinary Account, Professional Account, Arbitrage Account, Hedging Account, Options Account, and International Account, each tailored to meet specific trading preferences.
Q: What is the maximum leverage offered by Haitong Futures?
A: Haitong Futures offers varying maximum leverage across different account types, with the Ordinary Account providing up to 1:10 leverage.
Q: What are the available trading platforms at Haitong Futures?
A: Haitong Futures provides multiple trading platforms, including Boyi Master (desktop), Wing Chun Master 2 (web-based), Wuxianyi (professional-grade), and a mobile trading app for on-the-go access.
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