Founded in 2017, Haitong Futures is a regulated futures broker in China offering a wide range of products and services. They offers many accounts for designated products as well as simulation accounts. Their diverse market instruments include asset management, investment research, commodity futures, and risk management solutions.
Pros and Cons
Is HAITONG FUTURES Legit?
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. The license number is 0133. The CSRC is the primary regulator of the securities industry in China, including the futures industry.
What Can I Trade on HAITONG FUTURES?
In HAITONG FUTURES, you can trade on commodity futures. Besides, it also offers other financial services including asset Management, investment research, and risk management.
Haitong Futures Trading Consulting covers six major sectors: macro-finance, energy and chemical, ferrous metals, nonferrous metals, agricultural products, and shipping.
Account Type
HAITONG FUTURES offers the Commodity futures, the Internet, the Financial futures, and the Stock options accounts. Also, simulation accounts are available so that novices can get familiar with their trading conditions.
To open an account, you should fill in your personal information, and select the type of account you want to open. You will also need to take an assessment, sign relevant documents and so on.
HAITONG FUTURES Fees
HAITONG FUTURES charges fees for some trading platforms including the Trading Pioneer Futures Trading Terminal, MultiCharts Programmatic Trading System, and Pyramid Decision Trading System, which do not offer standard trading options. As a result, traders must first request activation and make a payment to gain access and utilize these advanced tools.
Trading Platform
HAITONG FUTURES offers futures real trading software, stock options real trading software, simulation software, and mobile software.
The futures real trading software includes Wenhua Winshun Cloud Trading Software (wh6) V6.8.651, Fast Futures Trading Terminal, Boyi Master and so on.
The stock options real trading software encompasses Huidian Stock Options Professional Investment System, Tongdaxin Stock Options Trading Software, Hang Seng MT Stock Options and so on.
Additionally, the mobile software includes Haitong Futures APP, Qihaitongxing APP (Android version), Yixing Mobile Terminal, Haitong Wing Chun GO Mobile Version and more.
Deposit and Withdrawal
Haitong Futures provides its traders with two primary avenues for managing their funds: bank-futures transfers and direct bank remittances. For clients who have established contractual agreements with the firm, the convenience of online banking, mobile banking, and dedicated futures trading software is accessible for executing deposits and withdrawals. Conversely, those clients who haven't entered into such contracts are able to handle their fund transactions via bank remittances.
