What is CINDA Futures？
CINDA Futures is a brokerage firm is registered in China. The company offers trading instruments Futures through the Web Trader trading platforms. It is currently regulated by China Financial Futures Exchange (CFFEX NO. 0017).
We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece.
Pros & Cons
CINDA Futures Alternative Brokers
There are many alternative brokers. Some popular options include:
• Ruida Futures - Ruida Futures is a futures commission merchant (FCM) that is regulated by the China Futures Association (CFA). The company was founded in 2013 and is headquartered in Shenzhen, China. Ruida Futures offers a wide range of futures trading services, including online trading, margin financing, and research and analysis.
• XIANRONG FUTURES - Xianrong Futures is a futures commission merchant (FCM) that is regulated by the China Futures Association (CFA). The company was founded in 2018 and is headquartered in Xi'an, China. Xianrong Futures offers a wide range of futures trading services, including online trading, margin financing, and research and analysis. Xianrong Futures is a relatively new company, but it has quickly grown to become one of the leading futures brokers in China.
• FOUNDER CIFCO FUTURES - FOUNDER CIFCO FUTURES is a brokerage firm that provides access to a wide range of trading instruments, including Metals, Crude Oil, Futures. The company is regulated by the China Financial Futures Exchange and offers several trading platforms for its clients, including CQG, Esunny, and Bloomberg. FOUNDER CIFCO FUTURES offers 24/7 customer support.
Is CINDA Futures Safe or Scam？
CINDA Futures is regulated by the China Financial Futures Exchange (CFFEX NO. 00017), which is the largest and most reputable futures exchange in China.
CFFEX is a self-regulatory organization that is overseen by the China Securities Regulatory Commission (CSRC). This means that CINDA Futures is subject to strict regulations and oversight, which helps to ensure the safety of its customers.
It is always important to do traders own due diligence before investing in any financial product or service.
Market Instruments
CINDA Futures offers market instruments of Futures.
• Futures are a type of derivative contract that obligates the buyer to purchase an asset or the seller to sell an asset at a predetermined price on a predetermined date in the future. Futures contracts are standardized, which means that they have a set quantity, quality, and delivery date. This makes them easy to trade on exchanges.
How to Open an Account？
To open an account with CINDA Futures, you can follow the below steps:
Go to the official website of CINDA Futures.
1. In the botton left corner of the homepage, click on the “Open An Account Online” button.
This will take you to the account registration page.
2. Fill in the required information, including your ID number, and choose ticks of ”Privacy Agreement.
3. Finish all the steps above of register program.
Once your account is set up, you will receive a confirmation email from CINDA Futures.
Follow the instructions in the confirmation email to verify your email address and complete the account activation process.
Trading Platforms
CINDA Futures offers platforms for its clients, including Mobile APP, Win APP etc.
CINDA Futures provides various tools to accommodate different trading preferences.
Mobile apps are generally suitable for those who prefer trading on-the-go, allowing you to track your investments and place trades anywhere and anytime.
The market trading software can provide a range of features such as live quotes, integrated charts, news feeds, and technical analysis tools to help with your trading strategy.
Programmatic trading software typically appeals to more advanced traders, allowing users to automate their trading strategy by writing their own algorithms and backtesting it using historical data.
Always remember to use these tools responsibly and ensure you fully understand their functionalities and risks involved in trading.
See the trading platform comparison table below:
Deposits & Withdrawals
CINDA Futures has opened special margin depository accounts in 14 banks in China, which are:
Industrial and Commercial Bank of China (ICBC)
Agricultural Bank of China (ABC)
Bank of China (BOC)
China Construction Bank (CCB)
Bank of Communications (BCOM)
China Merchants Bank (CMB)
Shanghai Pudong Development Bank (SPD)
CITIC Bank
Industrial Bank (IB)
Minsheng Bank
Everbright Bank
Ping An Bank
Agricultural Development Bank of China (ADBC)
Guangzhou Issuance
Customer Service
Customers can get in touch with their customer service line using the information provided below:
24/7 support
Live Chat
WeChat
Phone: 4006-728-728, 0571-28132711
Office Address: 19th-20th floor, Tiansheng Building, No.188, Liyi Road, Ningwei Street, Xiaoshan District, Hangzhou City, Zhejiang Province.
Conclusion
In conclusion, CINDA Futures is a brokerage firm that provides access to trading instruments and offers Mobile APP, Win APP and others platform to cater to different trading preferences. The company currently has regulated by China Financial Futures Exchange (CFFEX NO. 0017). Traders should exercise caution and conduct thorough research when considering CINDA Futures or any other brokerage firm, taking into account factors such as reputation, client feedback, and regulatory compliance. Making an informed decision requires a comprehensive evaluation of all relevant factors beyond the information provided here.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
