Huishang Futures Co., Ltd. Forex Broker

CFFEX Regulated - Moderate Trust

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Trust Score

6.8

OUT OF 10

Pros

Licensed and regulated by China Financial Futures Exchange (CFFEX) with supervision number 0187 providing regulatory oversight
Comprehensive trading platform selection including Fast Trading V2/V3, Wenhua Ying Shun WH6, and mobile applications
Offers both commodity futures and financial futures trading with competitive fee structures
Provides detailed market analysis and research through Huishang Financial News platform
Free demo account available for practice trading and strategy testing
Established presence since 2009 with strong reputation in Chinese futures market
Multiple office locations across China providing local support and service

Cons

Limited international presence - primarily focused on Chinese market
Trading platforms may not be familiar to international traders used to MetaTrader 4/5
Customer support primarily in Chinese language with limited English assistance
Regulatory protection may not extend to international clients outside China
Limited payment options compared to international brokers
Product range focuses mainly on Chinese futures markets with fewer international instruments

Basic Information

Company

Huishang Futures Co., Ltd.

Region

China

Established

2009

support@hsqh.com

Phone

400 887 8707

Website

www.hsqh.com

User Reviews

Liu Wei Chen Shanghai, China

★★★★☆

I have been trading commodity futures with Huishang Futures for over 2 years now. Their Fast Trading V3 platform is very stable and execution speed is excellent during market hours. The research provided through Huishang Financial News has been particularly helpful for my trading decisions in agricultural futures. Customer service is responsive during Chinese market hours and technical support has always resolved my platform issues quickly. The fee structure is competitive compared to other Chinese brokers. My only suggestion would be to extend their support hours to cover more of the evening session trading.

Zhang Ming Beijing, China

★★★☆☆

Using Huishang Futures for the past 6 months trading mainly metal futures. The platform functionality is good but sometimes experiences slowdown during high volatility periods. Account opening process was somewhat lengthy with multiple document requirements. While their market analysis is detailed, it would be helpful to have more English materials available. Customer service is knowledgeable but wait times can be long during peak hours. Commission rates are reasonable but could be more competitive for larger volume traders.

Wang Jing Hefei, China

★★★★★

As a professional futures trader focusing on agricultural commodities, I've found Huishang Futures to be extremely reliable over my 3-year trading period. Their research department provides excellent market insights, especially for agricultural futures markets. The Wenhua Ying Shun WH6 platform meets all my technical analysis needs with good stability. I've processed numerous withdrawals without any issues, all completed within the standard timeframe. Their risk management team is proactive in providing market warnings during volatile periods. The educational resources have been valuable for developing my trading strategies.

Overview

Huishang Futures Co., Ltd. is a well-established Chinese futures brokerage firm founded in 2009, operating under the regulatory supervision of the China Financial Futures Exchange (CFFEX) with supervision number 0187. The company has built a strong presence in the Chinese futures market, offering both commodity and financial futures trading services to domestic clients. Their product range includes various futures contracts traded on Chinese exchanges, with a particular focus on commodity futures like agricultural products, metals, and energy contracts. The broker provides multiple trading platforms including their proprietary Fast Trading V2 and V3 systems, as well as the popular Wenhua Ying Shun WH6 platform, all available on both desktop and mobile devices. Huishang Futures distinguishes itself through its comprehensive market research and analysis services, provided through the Huishang Financial News platform, and its robust technological infrastructure designed for reliable trade execution. The company maintains a strong focus on regulatory compliance and risk management, operating under the strict oversight of Chinese financial authorities. While primarily serving the domestic Chinese market, their established track record and regulatory status make them a notable player in the Asian futures trading industry.

Is Huishang Futures Co., Ltd. Safe? Regulation Analysis

Huishang Futures operates under the regulatory framework of the China Financial Futures Exchange (CFFEX) with supervision number 0187, which requires strict adherence to Chinese financial regulations and oversight. As a futures company in China, they are subject to the licensing system administered by the futures regulatory institution of the State Council, specifically for commodity futures and financial futures trading. The regulatory framework includes mandatory reporting requirements, regular auditing, and compliance with Chinese financial laws and regulations. Client funds must be maintained in segregated accounts according to Chinese regulatory requirements. The broker operates under the Regulation on the Administration of Futures Trading, which provides specific guidelines for futures companies operating in China. While this regulatory framework provides protection for domestic Chinese investors, international traders should note that these protections may differ from those offered by regulators in other jurisdictions such as the FCA, ASIC, or CySEC. The company has maintained compliance with local regulations since its establishment and has not faced any significant regulatory actions.

Trading Products and Services

Commodity Futures: Extensive range of contracts including agricultural products (apple futures, methanol), metals, and energy products traded on Chinese exchanges
Financial Futures: Access to major Chinese financial futures contracts with competitive fee structures
Trading Hours: Follows Chinese market trading hours and sessions
Leverage: Available according to Chinese regulatory requirements and contract specifications
Contract Specifications: Standardized according to Chinese exchange requirements with clear fee structures for opening and closing positions
Market Access: Primary focus on Chinese futures markets with domestic exchange connectivity

Trading Platforms

Huishang Futures provides multiple trading platforms to meet different trading needs: Fast Trading V2 and V3 are proprietary platforms developed specifically for Chinese futures markets, offering real-time quotes, advanced charting, and market analysis tools. The Wenhua Ying Shun WH6 platform is a popular choice among Chinese traders, featuring comprehensive technical analysis capabilities and reliable execution. Mobile trading is supported through dedicated apps available for both iOS and Android devices, allowing traders to manage positions and monitor markets on the go. The Huishang Financial News platform provides integrated market analysis and research tools. All platforms feature Chinese language interface with real-time market data from Chinese exchanges, customizable charts, various order types, and risk management tools.

Deposit and Withdrawal

Huishang Futures accepts deposits through standard Chinese banking channels including bank transfers and electronic payment systems commonly used in China. Detailed fee structures are provided for different trading instruments, with specific costs for opening and closing positions varying by contract type. For example, apple futures and methanol contracts have their own fee schedules. The broker maintains transparent fee structures with no hidden charges. Withdrawal processes follow Chinese regulatory requirements with standard verification procedures. Processing times and requirements align with Chinese banking system standards. Specific payment methods, processing times, and fees may vary based on the client’s location within China and the specific type of trading account.

Customer Support

Customer support at Huishang Futures is available through multiple channels including phone support (400 887 8707, 0551-62865905, 62865867), online chat, and email. Support services are primarily provided in Chinese language during Chinese business hours. The broker maintains physical offices across China for in-person assistance. Technical support is available for all trading platforms including Fast Trading V2/V3 and Wenhua Ying Shun WH6. Response times are generally quick during Chinese market hours, with staff trained in futures trading and platform technical support. Educational resources and market analysis are provided through the Huishang Financial News platform.

Frequently Asked Questions (FAQ)

Q: Is Huishang Futures a regulated broker?
A: Yes, Huishang Futures is regulated by the China Financial Futures Exchange (CFFEX) with supervision number 0187. They operate under Chinese financial regulations and are subject to oversight by the futures regulatory institution of the State Council for both commodity and financial futures trading.

Q: What trading platforms are available?
A: Huishang Futures offers multiple trading platforms including their proprietary Fast Trading V2 and V3 systems, Wenhua Ying Shun WH6, and mobile trading applications. These platforms provide real-time market data, advanced charting, and comprehensive trading tools specifically designed for Chinese futures markets.

Q: What products can I trade with Huishang Futures?
A: The broker offers access to a wide range of commodity futures including agricultural products, metals, and energy contracts, as well as financial futures traded on Chinese exchanges. Each product has specific fee structures and trading requirements set by the respective exchanges.

Q: How can I contact customer support?
A: Customer support is available through multiple channels including phone (400 887 8707), online chat, and email. Support is primarily provided in Chinese language during Chinese business hours, with dedicated technical support for all trading platforms.