Overview of GUOHAI LIANGSHI FUTURES
Guohai Liangshi Futures, a company established in China for 5-10 years, offers regulated financial services. They provide a range of account types, including Micro, Standard, and VIP, each with varying minimum deposit requirements and leverage ratios. Clients can trade Forex, CFDs on indices, commodities, stocks, and cryptocurrencies on their platform, which includes proprietary software, MetaTrader 4, and MetaTrader 5.
The company offers competitive spreads ranging from 1.5 to 3 pips and fees starting at US$5 per $100,000 traded. They support deposit and withdrawal methods such as bank wire transfer, online payment platforms, and mobile wallets, with typical withdrawal processing times of 1-3 business days. Guohai Liangshi Futures also provides research and analysis tools, including market news, technical analysis, and fundamental analysis to assist traders.
Regulation
The China Financial Futures Exchange (CFE) holds a Futures License with License No. 0178. This specific regulatory status grants the brokerage authorization to engage in futures trading activities within the financial markets. The license number, 0178, is indicative of the unique identification assigned to the company's regulatory authorization, and it pertains to the futures trading domain.
A Futures License is a regulatory status that permits financial institutions to participate in futures trading activities. This type of regulation involves adherence to specific rules and standards set forth by regulatory authorities, ensuring compliance with established guidelines in the field of futures trading. The advantages associated with a Futures License include the legal authorization to operate in the futures market, enabling the brokerage to offer futures trading services to clients while maintaining transparency and adherence to regulatory requirements.
Pros and Cons
Pros:
Regulated Status: One significant advantage of Guohai Liangshi Futures is its regulated status, which underscores its commitment to adhering to industry standards and ensuring a secure trading environment for clients. Regulatory oversight can provide traders with a level of confidence and protection.
Variety of Account Types: The brokerage offers a range of account types, accommodating both novice and experienced traders with varying risk tolerances. With minimum deposit requirements ranging from $100 to $10,000, clients can select an account that aligns with their trading preferences.
Wide Range of Market Instruments: Guohai Liangshi Futures provides access to a diverse selection of market instruments, including over 60 currency pairs for Forex trading, CFDs on indices, commodities, and stocks, as well as margin trading with leverage of up to 1:500. This extensive array of options allows traders to diversify their portfolios.
Cons:
Single Customer Support Channel: One notable drawback is the reliance on a single customer support channel, primarily via email. This limitation can be disadvantageous for clients with urgent inquiries or those who prefer more immediate assistance through live chat or phone support. Diversifying customer support options could enhance the overall service experience.
Limited Accessibility: The company's account registration requirements, which mandate a WeChat account and a Chinese ID, restrict accessibility to mainland Chinese nationals. This limitation hinders the company's ability to attract a broader international clientele, potentially excluding potential traders interested in their services.
Language Barrier: The lack of English language options on the website may pose a challenge for international users who are not proficient in Chinese. This language barrier can impede effective navigation, information access, and comprehension of the services offered, potentially deterring non-Chinese-speaking clients.
Inaccessible WebsiteGuohai Liangshi Futures faces accessibility challenges on its website due to limited English language options and restrictive account registration requirements. The absence of an English-language interface on the website can create difficulties for international users who are not proficient in Chinese. This limitation may hinder potential clients from navigating the platform effectively, accessing information, or understanding the services offered.
Moreover, the requirement for users to have a WeChat account and a Chinese ID for account registration poses a significant accessibility barrier. This stringent condition effectively restricts the available customer base to mainland Chinese nationals, excluding potential international clients who may be interested in their services. This restriction limits the company's ability to cater to a diverse global audience and potentially expand its market reach beyond China.
Market Instruments
Guohai Liangshi Futures offers a range of market instruments, including forex, CFDs on various asset classes, and margin trading.
Forex: Guohai Liangshi Futures offers Forex margin trading with leverage of up to 1:500. This means traders can control larger positions in the foreign exchange market with a relatively small amount of capital. For example, with 1:500 leverage, a trader can control a position size of $50,000 with a margin requirement of only $100.
Indices: The company extends margin trading to indices with leverage options. Traders can speculate on the price movements of stock indices like the S&P 500, NASDAQ, or FTSE 100 with leverage, allowing for amplified exposure to these markets.
Commodities: Guohai Liangshi Futures provides margin trading for commodities. Traders can engage in leveraged trading of commodities such as gold, silver, oil, and more. Margin trading in commodities allows traders to potentially profit from price fluctuations in these markets.
Stocks: The company offers margin trading for individual stocks. This enables traders to take leveraged positions in specific publicly traded companies' stocks, capitalizing on potential price movements in those equities.
Cryptocurrencies: Guohai Liangshi Futures allows margin trading for cryptocurrencies, offering leverage on digital assets like Bitcoin, Ethereum, and others. Traders can amplify their exposure to the volatile cryptocurrency market with margin trading.
The following is a table that compares Guohai Liangshi Futures to competing brokerages in terms of market instruments:
Account Types
Account types offered by Guohai Liangshi Futures include Micro, Standard, and VIP. Specifics are as follows:
Micro Account: The Micro account offered by Guohai Liangshi Futures is tailored for beginners, requiring a minimum deposit of $100. This account type provides access to forex trading with leverage of up to 1:500 and offers tight spreads, making it an accessible choice for those new to trading.Standard Account: The Standard account requires a minimum deposit of $1,000 and is designed for experienced traders. It offers similar trading conditions to the Micro account but with lower spreads, providing traders with a competitive edge. Standard account holders can also access a wider range of trading products.
VIP Account: The VIP account is suitable for high-volume traders, necessitating a minimum deposit of $10,000. It offers the lowest available commissions, ensuring cost-efficiency for active traders. VIP account holders enjoy the tightest spreads, lowest commissions, and priority customer support.
The specifics of the account types are as follows:
Minimum Deposit
Guohai Liangshi Futures offers a range of minimum deposit rates for its various account types. The Micro account requires a minimum deposit of $100, making it an accessible option for beginners. Traders looking for more competitive spreads can opt for the Standard account, which necessitates a minimum deposit of $1,000. For high-volume traders seeking the tightest spreads and lowest commissions, the VIP account is available with a minimum deposit of $10,000.
Leverage
Guohai Liangshi Futures provides varying levels of leverage depending on the market instrument being traded. For forex trading, the company offers leverage of up to 1:500, allowing traders to control larger positions with a relatively small amount of capital. Indices can be traded with leverage of up to 1:200, commodities with up to 1:100 leverage, stocks with up to 1:50 leverage, and cryptocurrencies with up to 1:20 leverage. This range of leverage options caters to traders with different risk appetites and strategies.
Here is a table comparing the maximum leverage on market instruments for Guohai Liangshi Futures with Alpari, HotForex, IC Markets, and RoboForex:
Spread
Guohai Liangshi Futures offers spreads that vary depending on the specific market conditions and instruments being traded. The spread for trading with this company typically ranges between as low as 1.5 to 3 pips. The spread, representing the difference between the bid and ask prices, is a cost that traders incur while executing trades. Traders should consider the spreads as part of their trading costs and factor them into their strategies and decision-making. The competitive nature of spreads can impact the overall profitability of trades, and traders should be mindful of these spread rates when engaging in trading activities with the company.
Deposit & Withdrawal
Guohai Liangshi Futures offers a variety of deposit and withdrawal methods for its clients. These methods include bank wire transfer, online payment platforms, and mobile wallets. Clients can conveniently fund their accounts and make withdrawals using these options. The processing times for withdrawals typically range from 1 to 3 business days.
Bank Wire Transfer: Guohai Liangshi Futures allows clients to deposit and withdraw funds through bank wire transfers. This method involves transferring money directly between the client's bank account and the brokerage's bank account. Bank wire transfers are a secure and traditional way to fund and withdraw from trading accounts, although they may take a few business days for processing.
Online Payment Platforms: Clients can use online payment platforms to deposit and withdraw funds. These platforms provide a convenient and often swift way to transfer money. While the specific online payment platforms accepted by the company may vary, they typically include popular options that facilitate quick transactions.
Mobile Wallets: Guohai Liangshi Futures also supports mobile wallets as a deposit and withdrawal method. Mobile wallets enable clients to store and manage their funds digitally on their mobile devices. This method is known for its convenience and speed, making it a popular choice for clients who prefer mobile financial solutions.
Trading Platforms
Guohai Liangshi Futures offers a selection of trading platforms to cater to the diverse needs of its clients. These platforms include their proprietary trading platform, MetaTrader 4 (MT4), and MetaTrader 5 (MT5).
Proprietary Trading Platform: The company's proprietary trading platform is designed to provide traders with a user-friendly interface and a range of tools for effective trading. While specific details about this platform were not provided, it is likely tailored to meet the needs of traders looking for a unique trading experience.
MetaTrader 4 (MT4): MT4 is a widely recognized and popular trading platform known for its robust features, technical analysis tools, and customizable charts. It offers a seamless trading experience and supports various trading strategies.
MetaTrader 5 (MT5): MT5 is the successor to MT4, offering additional features and capabilities, including more timeframes, technical indicators, and trading instruments. It is suitable for traders seeking advanced trading functionalities.
Here is a table comparing the trading platforms offered by Guohai Liangshi Futures with those of Alpari, HotForex, IC Markets, and RoboForex:
Customer Support
Guohai Liangshi Futures provides customer support solely through email channels, offering clients the convenience of reaching out via email for inquiries and assistance. Having a single customer support method, such as email, can be disadvantageous because it may limit the accessibility and responsiveness of customer service. Clients with urgent or time-sensitive issues may prefer more immediate methods like live chat or phone support, which may not be available with a single-channel approach.
Guohai Liangshi Futures offers customer support through email channels. Clients can reach the customer service team via the following email addresses: shanghyyb@ghlsqh.com.cn, shaoxyyb@ghlsqh.com.cn, and jinhyyb01@ghlsqh.com.cn. This communication method allows clients to submit inquiries and receive assistance via email, providing a written record of interactions.
Educational Resources
Guohai Liangshi Futures provides clients with a range of research and analysis tools. These include market news updates, technical analysis reports, and fundamental analysis insights. Traders can access these resources to stay informed about market developments and make informed trading decisions based on various analytical perspectives.
Conclusion
In conclusion, Guohai Liangshi Futures is a regulated brokerage that has been operating for 5-10 years, offering a range of account types to cater to both beginner and experienced traders. With minimum deposit requirements as low as $100, clients can choose the account type that suits their trading preferences. The brokerage provides various market instruments, including Forex trading with over 60 currency pairs, CFDs trading on indices, commodities, and stocks, as well as margin trading for multiple asset classes with leverage of up to 1:500.
While their trading platforms encompass a proprietary platform, MetaTrader 4 (MT4), and MetaTrader 5 (MT5), their customer support options primarily rely on email channels. Furthermore, traders can access a suite of research and analysis tools, including market news, technical analysis, and fundamental analysis, to make informed trading decisions. It should be noted that the services of Guohai Liangshi Futures are only viable for those who have a Chinese ID and WeChat account, greatly limiting who is able to use their services.
FAQs
Q: How long has Guohai Liangshi Futures been in operation as a brokerage？
A: The company has been operating for a duration spanning 5 to 10 years.
Q: What are the minimum deposit requirements for their account types？
A: The account types have varying minimum deposit thresholds, ranging from $100 to $10,000.
Q: Can clients trade a wide range of currency pairs with Guohai Liangshi Futures？
A: Yes, the brokerage offers trading in over 60 currency pairs in the Forex market.
Q: What trading leverage is available for Forex trading？
A: Forex traders can access leverage of up to 1:500 with Guohai Liangshi Futures.
Q: What is the typical spread range offered by the company？
A: The spread typically ranges between 1.5 to 3 pips for trading.
Q: How can clients contact the customer support team？
A: Clients can reach out to customer support through email channels provided by the company.
