Broker Information
WESTERN FUTURES CO., LTD.
WESTERN
Regulated
Platform registered country and region
China
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陕西省西安市新城区东新街319号8幢10000室9层、10层
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Company Summary
https://www.westfutu.com/
Website
Influence
C
Influence index NO.1
Single Core
1G
40G
Western Futures | |
Founded | 2013 |
Registered Country/Region | China |
Regulation | CFFEX |
Market Instruments | Crude Oil, TSR 20, LSFO(Low Sulfur Fuel Oil), Bonded Copper, lron Ore, Palm Olein, PTA, and Sugar |
Account Type | Standard Account, Pro Account, and VIP Account |
Demo Account | ✔ |
Leverage | 1:500 |
Spread | Start from 0.0pips |
Deposit & Withdrawal | Bank Transfer |
Trading Platform | WeChat and App |
Minimum Deposit | $100 |
Customer support | Phone: 400-6886896, 021-60276066Headquarters Address: 9F &10F, Room 10000, Building 8, No. 319, Dongxin Street, Xincheng District, Xian City8F, Building T3, No. 276 Yaoti Road, Pudong New Area Shanghai,China |
Educational Resource | Morning Express, Quick Review, and Monthly Report |
Western Futures, founded in 2013, is an old brokerage registered in China. The trading instruments it provides cover Crude Oil, TSR 20, LSFO(Low Sulfur Fuel Oil), Bonded Copper, lron Ore, Palm Olein, PTA, and Sugar.
Pros | Cons |
Regulated | Limited Trading Platforms |
Diverse Market Instruments | Bank Transfer Only |
Multiple Account Types | Limited Communication Channels |
Competitive spreads from 0.0 pips | |
Low Minimum Deposit |
Western Futures is regulated by China Finanicial Futures Exchange(CFFXE).
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
China | CFFEX | Western Futures | No Sharing | 0160 | Regulated |
Western Futures offers traders the opportunity to trade Crude Oil, TSR 20, LSFO(Low Sulfur Fuel Oil), Bonded Copper, lron Ore, Palm Olein, PTA, and Sugar.
Futures | Supported |
Crude Oil | ✔ |
TSR 20 | ✔ |
LSFO(Low Sulfur Fuel Oil) | ✔ |
Bonded Copper | ✔ |
lron Ore | ✔ |
Palm Olein | ✔ |
PTA | ✔ |
Sugar | ✔ |
Gold | ❌ |
Western Futures offers 3 different types of accounts to traders -Standard Account, Pro Account, and VIP Account.It also provides demo account.
Account Type | Minimum Deposit | Leverage |
Standard Account | $100 | 1:30 |
Pro Account | $500 | 1:500 |
VIP Account | $10,000 | Negotiable |
3 accounts are different in spreads and commission. Different futures have different spreads. VIP Account's spread is the lowest, starting with 0.0pips, and charges no fee. Standard Account's spread and fees are the highest.
Account Type | Account Inactivity Fee | Typical Spreads (Examples) |
Standard Account | $10 per month after 6 months of inactivity | Crude Oil: 1.8 pips, TSR 20: 2.2 pips, LSFO: 2.0 pips |
Pro Account | $20 per month after 6 months of inactivity | Crude Oil: 1.2 pips, TSR 20: 1.6 pips, LSFO: 1.5 pips |
VIP Account | No | Crude Oil: 0.0 pips + $3/lot, TSR 20: 0.0 pips + $2/lot, LSFO: 0.0 pips + $3.5/lot |
Western Futures's trading platform is MT-professional, Western Futures, Futures trading terminal, and so on, which supports traders on PC, Mobile.
WESTERN provides bank transfers to traders. Traders can deposit and withdraw funds using the following banks:
Industrial and Commercial Bank of China (ICBC)
Agricultural Bank of China (ABC)
Bank of China
China Construction Bank
Bank of Communications
China Merchants Bank
China Everbright Bank
Shanghai Pudong Development Bank
Industrial Bank
CITIC Bank
China Minsheng Bank
WESTERN FUTURES CO., LTD.
WESTERN
Regulated
Platform registered country and region
China
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陕西省西安市新城区东新街319号8幢10000室9层、10层
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Company Summary
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