Overview
Datong Futures Brokerage Co., Ltd., headquartered in China, operates under the regulation of the China Financial Futures Exchange (CFFEX), ensuring adherence to standards for transparency, fairness, and stability in trading. The company offers a diverse range of trading products across various exchanges, catering to the varied needs of traders and investors. With straightforward deposit and withdrawal procedures, including provisions for emergency deposits and daily transfer limits, Datong Futures facilitates smooth transactions. Moreover, the company provides robust customer support through multiple contact channels, including a dedicated hotline for general inquiries and specific hotlines for order placement and market inquiry, ensuring that clients receive prompt and comprehensive assistance.
Regulation
DATONG FUTURES operates under the regulation of the China Financial Futures Exchange (CFFEX), ensuring compliance with the standards and guidelines set forth by the regulatory authority. This oversight by CFFEX helps maintain transparency, fairness, and stability within the futures trading market facilitated by DATONG FUTURES.
Pros and Cons
Datong Futures Brokerage Co., Ltd. offers several advantages and disadvantages for futures traders. On the positive side, the company provides a wide array of trading products across various exchanges, catering to the diverse needs of traders and investors. Additionally, their deposit and withdrawal procedures are relatively straightforward, with provisions for emergency deposits and multiple contact channels for customer support. However, there are limitations, such as daily transfer limits for withdrawals and restrictions on withdrawal during continuous trading periods. Despite these drawbacks, Datong Futures strives to maintain transparency, fairness, and stability in the futures trading market.
Trading Products
DATONG FUTURES provides trading opportunities across various exchanges, offering a wide array of products:
These offerings encompass a diverse range of commodities and financial instruments, catering to the varied needs and preferences of traders and investors.
Deposit & Withdrawal
Deposit and withdrawal procedures for futures trading with Datong Futures Brokerage Co., Ltd. involve cooperation with several banks, including China Construction Bank, Agricultural Bank of China, and Pudong Development Bank. Customers are required to adhere to specific regulations outlined by the brokerage:
Deposit Procedure:
Customers can open bank-futures transfer business either at Datong Futures or designated bank outlets by providing necessary documents such as valid IDs, bank cards, and authorization letters for institutional customers.
Deposits can be made through real-time fund transfers using online self-service terminals or other methods.
There is a daily transfer limit of 500,000 yuan per day, with a maximum of two withdrawals per day. Each withdrawal cannot exceed 70% of available funds, up to a maximum of 250,000 yuan per transaction. Special appointments are necessary for withdrawals exceeding 500,000 yuan.
Deposit time is from 08:30 to 16:00 and 20:30 to 02:30 on trading days, excluding continuous trading periods. Emergency deposits can be arranged outside of these hours through coordination with the settlement department.
Withdrawal Procedure:
Withdrawals are permitted during specific time frames from 09:05 to 15:00 on trading days.
The company does not handle withdrawals during continuous trading periods.
Customers are advised to contact the settlement department for any special circumstances requiring emergency deposits.
Inquiry:
Customers can inquire about the balance of savings and futures accounts through both the banking system and the company's trading system.
These procedures ensure smooth and secure transactions for futures trading, with provisions in place to accommodate various customer needs and ensure compliance with regulatory requirements.
How to download software and Apps
You can visit the website https://www.dtqh.com.cn/kfzx-xzzq.php to access and download relevant software and applications provided by Datong Futures Brokerage Co., Ltd. These tools are designed to enhance the trading experience for users, offering convenient access to trading platforms, analytical tools, and other resources necessary for informed decision-making in futures trading. Whether you're a novice or experienced trader, these software and apps cater to various needs and preferences, providing a seamless interface for managing your investments and staying updated on market trends. Take advantage of these resources to optimize your trading strategies and stay ahead in the dynamic world of futures trading.
Customer Support
Customer support at Datong Futures Brokerage Co., Ltd. is comprehensive and easily accessible. They provide multiple channels for assistance:
Customer Service Hotline: You can reach their customer service center at 0451-86238177. This hotline is available for general inquiries and assistance.
Order Placement Hotline: For placing orders, you can contact their order hotline at 0451-86232422, 0451-86234611, or 0451-86230458. These numbers are dedicated to facilitating order placements swiftly and accurately.
Market Inquiry: If you require market information or have inquiries related to market trends, you can contact the market inquiry department at 0451-86237611.
Shanghai Branch: If you're located in Shanghai or have specific inquiries related to their Shanghai operations, you can reach their Shanghai branch at 021-58821601.
These various contact points ensure that customers can easily access the support they need, whether it's for general inquiries, order placements, market information, or specific branch-related queries. This setup reflects a commitment to providing prompt and comprehensive assistance to their clients.
Conclusion
In conclusion, Datong Futures Brokerage Co., Ltd. offers a robust platform for futures trading, supported by comprehensive regulatory oversight, a diverse range of trading products, and convenient deposit and withdrawal procedures. With a commitment to customer support and the provision of user-friendly software and apps, they strive to facilitate informed decision-making and optimize the trading experience for both novice and experienced investors. Through adherence to regulatory requirements and a dedication to customer satisfaction, Datong Futures ensures transparency, fairness, and stability in the futures trading market.
FAQs
Q1: How can I open a bank-futures transfer business with Datong Futures？
A1: To open a bank-futures transfer business, you need to provide necessary documents such as valid IDs, bank cards, and authorization letters if you're an institutional customer.
Q2: What is the daily transfer limit for withdrawals？
A2: The daily transfer limit for withdrawals is 500,000 yuan, with a maximum of two withdrawals per day. Each withdrawal cannot exceed 70% of available funds, up to a maximum of 250,000 yuan per transaction.
Q3: Can I make deposits outside of regular trading hours？
A3: Yes, emergency deposits can be arranged outside of regular trading hours by contacting the settlement department for assistance.
Q4: How can I inquire about the balance of my savings and futures accounts？
A4: You can inquire about the balance of your accounts through both the banking system and Datong Futures' trading system.
Q5: What are the contact details for customer support？
A5: You can reach Datong Futures' customer service center at 0451-86238177 for general inquiries. For order placements, call 0451-86232422, 0451-86234611, or 0451-86230458. For market inquiries, dial 0451-86237611, and for Shanghai branch-related queries, contact 021-58821601.
Risk Warning
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.
