User Reviews

Regulation Analysis

ZHESHI FUTURES operates under the regulatory framework of the China Securities Regulatory Commission (CSRC), holding a valid futures trading license (Registration No. 91310000132110738p). The CSRC oversight requires strict adherence to Chinese financial regulations, including maintaining adequate capital reserves, regular financial audits, and proper segregation of client funds. The broker must comply with specific operational requirements including risk management protocols, transaction reporting, and client fund protection measures. Client funds are required to be held in segregated accounts at designated Chinese banks, providing a layer of security for trader deposits. As a domestically regulated Chinese futures broker, ZHESHI FUTURES must maintain transparency in operations and submit regular reports to the CSRC. The regulatory framework includes provisions for investor protection, though these differ from international standards like those of the FCA or ASIC. The broker has maintained a clean regulatory record with no significant violations or sanctions reported. However, traders should note that Chinese regulatory protection may not extend to international clients, and the regulatory framework is primarily designed for domestic Chinese market participants.

Trading Products

• Chinese Futures Markets: Access to major commodity futures including copper, aluminum, zinc, gold, silver, crude oil, and agricultural products traded on SHFE and other Chinese exchanges
• Financial Futures: Trading available on China Financial Futures Exchange (CFFEX) products including CSI 300 index futures and government bond futures
• Commodity Futures: Comprehensive range of industrial metals, precious metals, energy, and agricultural commodities specific to Chinese markets
• Index Futures: Access to major Chinese stock index futures contracts
• Trading Hours: Follows Chinese market trading sessions, typically 9:00-11:30 and 13:30-15:00 local time for day session, with night sessions for specific contracts
• Leverage: Available according to CSRC regulations, varying by contract type and market conditions

Trading Platforms

• Proprietary Trading Platform: Custom-developed futures trading platform optimized for Chinese markets with real-time quotes, advanced charting, and risk management tools
• Mobile Trading: Native iOS and Android applications providing full trading functionality and market monitoring capabilities
• Web-based Platform: Browser-based trading interface requiring no downloads, compatible with major web browsers
• Professional Tools: Advanced analytical tools, market depth information, and customizable trading interfaces
• API Integration: FIX API available for institutional clients and algorithmic traders
• Platform Features: Multiple order types supported, real-time position tracking, margin calculators, and comprehensive reporting tools

Deposit and Withdrawal

• Bank Transfer: Direct deposits through major Chinese banks including ICBC, Bank of China, and China Construction Bank
• Minimum Deposit: ¥50,000 ($7,000 USD equivalent) for standard accounts
• Processing Time: Same-day processing for deposits during business hours
• Withdrawal Methods: Bank wire transfers to verified Chinese bank accounts
• Withdrawal Processing: 1-3 business days for standard processing, may extend to 5 days during peak periods
• Fees: No deposit fees charged by broker, standard bank transfer fees may apply
• Currency: Primary account currency in Chinese Yuan (CNY/RMB)
• Verification Requirements: Chinese ID card or passport, proof of address, and bank account verification required

Customer Support

• Customer Service Hours: Monday-Friday 8:30-17:30 China Standard Time
• Contact Methods: Phone support, email, and online chat available during business hours
• Language Support: Primary support in Chinese, limited English support available
• Account Managers: Dedicated representatives assigned to all active trading accounts
• Response Time: Average email response within 24 hours, immediate phone support during business hours
• Educational Support: Regular webinars, market analysis, and trading guidance provided
• Technical Support: Available for platform-related issues during trading hours

FAQ

Q: Is ZHESHI FUTURES a regulated broker?
A: Yes, ZHESHI FUTURES is fully regulated by the China Securities Regulatory Commission (CSRC) and registered with the Shanghai Municipal Administration of Market Supervision under license number 91310000132110738p. This regulatory oversight ensures compliance with Chinese financial regulations and provides protection for client funds through mandatory segregation and regular audits.

Q: What trading products are available?
A: The broker provides access to Chinese futures markets including commodity futures traded on the Shanghai Futures Exchange (SHFE), financial futures on the China Financial Futures Exchange (CFFEX), and various agricultural products. This includes metals, energy products, stock index futures, and bond futures, all traded in accordance with Chinese market regulations.

Q: What are the minimum deposit requirements?
A: ZHESHI FUTURES requires a minimum initial deposit of ¥50,000 (approximately $7,000 USD) for standard trading accounts. This amount ensures adequate margin for futures trading and compliance with regulatory requirements. Deposits must be made through approved Chinese banking channels.

Q: How long do withdrawals take to process?
A: Withdrawal processing typically takes 1-3 business days for standard requests to verified Chinese bank accounts. During peak periods or for large withdrawals, processing may extend to 5 business days. All withdrawals must comply with Chinese banking regulations and anti-money laundering requirements.