CITIC Futures
Abstract：CITIC Futures is a wholly-owned subsidiary of CITIC Securities Co., Ltd. The company was established on September 8, 2006. The biggest advantages of CITIC Futures include a wide range of futures and derivatives trading services, a user-friendly trading platform, and competitive margin requirements. However, they don't currently offer online chat or social media support.
CITIC Futures Information
CITIC Futures is a wholly-owned subsidiary of CITIC Securities Co., Ltd. The company was established on September 8, 2006. The biggest advantages of CITIC Futures include a wide range of futures and derivatives trading services, a user-friendly trading platform, and competitive margin requirements. However, they don't currently offer online chat or social media support.
Pros and Cons
| Pros | Cons |
| Provides a comprehensive range of futures and derivatives trading services. | High minimum deposit of $100000. |
| User-friendly trading platform | Does not offer online chat or social media support. |
| Regulated by SFC | Offers only personal and institutional accounts. |
Is CITIC Futures Legit?
CITIC Futures is regulated by SFC with license number BFL318.
| Regulated country | Regulated Authority | Regulated Entity | License Type | License Number |
 | SFC | CITIC Futures International Company Limited | Dealing in futures contracts | BFL318 |
What Can I Trade on CITIC Futures?
CITIC Futures provides a comprehensive range of futures and derivatives trading services, including commodities, indices, and financial products.
| Tradable Instruments | Supported |
| Forex | ❌ |
| Indices | ✔ |
| Shares | ❌ |
| Energies | ❌ |
| Commodities | ✔ |
| ETFs | ❌ |
| Crypto | ❌ |
| Bonds | ❌ |
| Futures | ✔ |
Account Type
The account types provided by CITIC Futures can generally be divided into two types.
Personal accounts are specially designed for individual investors to allow individual transactions.
Institutional accounts are tailor-made for larger institutions such as hedge funds, asset management companies and enterprises.
CITIC Futures provides individual customers with three ways to open an account online by mobile phone, open an on-site account and open an account by mail. Customers can choose the appropriate account opening method according to their own situation.
CITIC Futures Fees
Margin
CITIC Futures offers a variable margin requirement structure that differs every exchange. For further information on margin requirements for certain items, please see the “Margin Requirements for Trading Products” section of the official website (https://www.citicsf.com.hk/service/margin).
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for which type of traders |
| MT4 | ❌ | / | / |
| MT5 | ❌ | / | / |
| EasyTrade platform | ✔ |
| Traders who are looking for a fast and efficient platform with a focus on technology. |
Deposit and Withdrawal
The minimum deposit to start trading with CITIC Futures is $100000.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Transfer (online and offline) | $100000. | 0 |
|
TransferWithdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Bank Transfer (online and offline) | $0 | \ |
|
Customer Service
CITIC Futures provides customer support via a variety of channels, including phone, fax, and domestic toll-free numbers. While they do not now offer online chat or social media support, customers can use their services in both Simplified and Traditional Chinese. Furthermore, CITIC Futures provides crucial tools such as fund deposit & withdrawal guidelines, margin inquiries, software downloads, and a FAQ section to assist customers.
| Contact Options | Details |
| Phone | Contact number (Hong Kong, China): 00852-22863288Fax Number: 00852-22863232Domestic toll-free hotline: 400-666-6698 |
| None | |
| Support Ticket System | None |
| Online Chat | None |
| Social Media | None |
| Supported Language | Simplified Chinese, Traditional Chinese |
| Website Language | Simplified Chinese, Traditional Chinese |
| Physical Address | Room 2312-2316, 23/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong2312-2316，23/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong |
| Fund Deposit & Withdrawal Guidelines | Yes |
| Margin Inquiry | Yes |
| Software Download | Yes |
| FAQ | Yes |
The Bottom Line
CITIC Futures offers a comprehensive range of futures and derivatives products on a user-friendly platform. However, the high minimum deposit of $100,000 makes it a less accessible option for beginners. This platform is likely best suited for experienced traders comfortable with a phone-based support system.
FAQs
Is CITIC Futures a safe broker to use?
Yes, CITIC Futures is regulated by the Securities and Futures Commission (SFC) in Hong Kong, which assures that the broker follows tight financial regulations and investor protection standards.
Is CITIC Futures good for beginners?
No, the high minimum deposit requirement of $100,000 is very unfriendly to beginners. In addition, the lack of online chat or social media support will make it difficult for beginners to get immediate help.
Is CITIC Futures good for day trading?
Yes, they provide a user-friendly trading platform with customizable charts and high-speed execution, which are very suitable for active day trading.
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