China Reform Securities Futures Forex Broker

CSRC Regulated - Moderate Trust

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Trust Score

6.8

OUT OF 10

Pros

Licensed and regulated by China Securities Regulatory Commission (CSRC) providing regulatory oversight and client fund protection
Comprehensive access to Chinese futures markets including commodities, financial futures, and derivatives products
Advanced program trading capabilities with sophisticated algorithmic trading support and high-speed execution
Strong domestic presence with established relationships with major Chinese exchanges including CFFEX, SHFE, and DCE
Robust risk management systems compliant with latest CSRC program trading regulations and oversight requirements
Competitive commission structure for institutional and high-volume traders with tiered pricing
Dedicated research team providing detailed market analysis and trading recommendations for Chinese markets

Cons

Limited international presence and primarily focused on Chinese domestic market
Trading platform interface and documentation mainly in Chinese language with limited English support
Restricted access for international retail traders due to Chinese regulatory framework
Complex account opening procedures requiring extensive documentation and verification
Limited cryptocurrency and forex trading options compared to international brokers
Customer support primarily during Chinese business hours with potential delays for international clients

Basic Information

Company

China Reform Securities Futures

Region

People's Republic of China

Established

2015

support@chinareformfutures.cn

Phone

unknown

Website

www.chinareformfutures.cn

User Reviews

Zhang Wei Shanghai, China

★★★★☆

I've been trading commodity futures through China Reform Securities for the past 14 months, primarily focusing on copper and agricultural products. Their program trading platform is robust and reliable, with excellent execution speeds during market hours. The research team provides valuable market insights, especially for domestic commodity trends. Technical support is responsive during Chinese business hours. However, the platform could benefit from more English language options. Overall, a solid choice for trading Chinese futures markets with good regulatory compliance and risk management tools.

Liu Mei Beijing, China

★★★☆☆

Started trading with China Reform Securities 6 months ago on their standard account. The platform is stable and order execution is reliable, but the initial account setup process was quite lengthy with multiple document requirements. Customer service is helpful but sometimes slow to respond during peak hours. The research materials are comprehensive but exclusively in Chinese. While the trading costs are reasonable, the minimum deposit requirements for program trading accounts are relatively high. Acceptable for domestic trading but needs improvement in international accessibility.

Chen Hong Guangzhou, China

★★★★★

As an institutional trader managing significant positions in financial futures, I've found China Reform Securities to be exceptional over the past 2 years. Their program trading capabilities are advanced and fully compliant with CSRC regulations. The dedicated account manager provides excellent support, and their risk management systems are top-notch. Successfully executed over 1,000 trades with minimal technical issues. The research team's analysis of Chinese markets is particularly valuable for our trading strategies. Platform stability during high-volatility periods is impressive.

Overview

China Reform Securities Futures is a prominent Chinese futures broker established in 2015, operating under the regulatory oversight of the China Securities Regulatory Commission (CSRC). The company has emerged as a significant player in China’s domestic futures market, specializing in commodities, financial futures, and derivatives trading. With headquarters in Beijing, the broker serves a diverse client base including institutional investors, professional traders, and qualified domestic retail participants. The firm has built a strong reputation for its program trading capabilities and compliance with China’s evolving regulatory framework. Operating within the Chinese financial markets ecosystem, China Reform Securities Futures maintains direct connectivity to major domestic exchanges including the China Financial Futures Exchange (CFFEX), Shanghai Futures Exchange (SHFE), and Dalian Commodity Exchange (DCE). The broker emphasizes technological innovation and regulatory compliance, particularly in areas of program trading and algorithmic execution. Their service offering includes comprehensive research and analysis, professional trading platforms, and dedicated institutional support. While primarily focused on the domestic Chinese market, the firm has been adapting to meet the growing sophistication of China’s futures trading environment and the implementation of new regulatory requirements for program trading and risk management.

Is China Reform Securities Futures Safe? Regulation Analysis

China Reform Securities Futures operates under the primary regulatory supervision of the China Securities Regulatory Commission (CSRC), the main regulatory authority overseeing futures trading in mainland China. The broker complies with the CSRC’s Administrative Provisions for Program Trading in the Futures Market (Trial) implemented in 2025, which establishes strict guidelines for algorithmic trading activities and risk management. As a licensed futures broker, the company must maintain substantial capital reserves, submit regular financial reports, and undergo periodic regulatory audits. Client funds are required to be segregated in designated accounts with approved Chinese banks, providing a basic level of asset protection. The broker adheres to the regulatory framework established by the CSRC working in conjunction with various futures exchanges and the China Futures Association (CFA). While the Chinese regulatory environment differs from international standards like FCA or ASIC, it provides a structured framework for domestic futures trading. The broker has maintained compliance with evolving regulatory requirements and has no significant regulatory infractions on record. However, international traders should note that Chinese regulatory protection may differ from what they experience with brokers in other jurisdictions.

Trading Products and Services

Futures Trading: Access to comprehensive range of Chinese futures products including commodity futures (metals, energy, agricultural products) and financial futures (stock index futures, government bond futures) through major Chinese exchanges
Commodity Futures: Industrial metals (copper, aluminum, zinc), precious metals (gold, silver), agricultural commodities (soybeans, corn, wheat), and energy products (crude oil) with standardized contract specifications
Financial Futures: Trading available on CSI 300 index futures, SSE 50 index futures, and Chinese government bond futures with varying contract sizes and margin requirements
Program Trading: Advanced algorithmic trading capabilities with support for various automated trading strategies compliant with CSRC regulations
Trading Hours: Follows Chinese exchange trading hours with morning and afternoon sessions, specific to each product category

Trading Platforms

Proprietary Trading Platform: Custom-developed trading system optimized for Chinese futures markets with real-time market data, advanced charting tools, and program trading capabilities
Program Trading Interface: Specialized interface for algorithmic trading with support for automated strategy execution and risk management tools
Mobile Trading: Native mobile applications for iOS and Android devices providing market access and account management features
Risk Management System: Integrated risk control system compliant with CSRC requirements for program trading activities
Market Data Feed: Direct connection to Chinese futures exchanges providing low-latency market data and execution
API Access: Professional API solutions for institutional clients and algorithmic traders with comprehensive documentation

Deposit and Withdrawal

Deposit Methods: Bank wire transfers through authorized Chinese banks, domestic payment systems compliant with Chinese regulations
Minimum Deposit: Varies by account type with higher requirements for institutional and program trading accounts
Processing Times: Same-day processing for domestic Chinese bank transfers during business hours
Withdrawal Process: Standard verification required following Chinese banking regulations, processing typically within 1-2 business days
Account Currencies: Primary account currency in Chinese Yuan (CNY) with some support for USD transactions for qualified institutional clients
Documentation Requirements: Comprehensive KYC documentation required including Chinese identification or business registration documents

Customer Support

Customer Service Hours: Monday to Friday during Chinese business hours (9:00-17:00 Beijing Time)
Contact Methods: Phone support, email, and domestic messaging platforms
Language Support: Primary support in Chinese with limited English language services
Technical Support: Dedicated technical assistance for program trading and platform issues
Account Management: Assigned relationship managers for institutional and high-volume clients
Training Resources: Educational materials and trading guides focused on Chinese futures markets
Office Location: Headquarters in Beijing with regional offices in major Chinese cities

Frequently Asked Questions (FAQ)

Q: What regulatory protections are provided by China Reform Securities Futures?
A: The broker operates under CSRC regulation, which requires strict compliance with Chinese futures trading regulations, including client fund segregation, capital adequacy requirements, and program trading oversight. While different from international regulatory frameworks, CSRC supervision provides structured protection for traders in the Chinese domestic market with regular audits and compliance checks.

Q: What trading products are available through China Reform Securities Futures?
A: The broker provides access to a comprehensive range of Chinese futures products including commodity futures (metals, energy, agricultural) and financial futures (stock index, government bonds) traded on major Chinese exchanges like CFFEX, SHFE, and DCE. Trading hours and contract specifications follow standard Chinese exchange rules.

Q: How does the program trading system work?
A: The program trading platform complies with CSRC’s 2025 Administrative Provisions, offering algorithmic trading capabilities with built-in risk management controls. Users must complete registration and reporting requirements with relevant exchanges, and the system includes monitoring tools for automated strategy execution and position management.

Q: What are the account opening requirements?
A: Account opening requires comprehensive documentation including Chinese identification or business registration documents, proof of address, and banking information. Institutional clients need additional documentation proving their qualified investor status. The process typically takes 5-7 business days for domestic clients and may be longer for qualified foreign institutional investors.