About GOLDSTATE FUTURES CO.,LTD.
Company Overview
Goldstate Futures Co., Ltd. is a financial trading company registered in Haikou City, Hainan Province, China, and operating under the domain jyqh.cn. The firm was founded on August 17, 2018, and has been providing trading services for a period of 5 to 10 years.
Regulatory Status
Goldstate Futures claims to be regulated by the China Financial Futures Exchange (CFFEX), which is a derivatives exchange rather than a regulatory authority. However, the company is described as an unregulated entity in the financial trading industry. No other credible regulatory oversight has been independently verified.
Trading Focus
The broker specializes in futures trading, with particular emphasis on the Shanghai Gold futures market. The contracts are based on the regional gold benchmark price from the Shanghai Gold Exchange and can be denominated in either US dollars or Chinese renminbi. The broker also mentions access through CME Group, indicating a cross-border offering.
Address and Location
The registered address of Goldstate Futures is 海南省海口市南宝路36号证券大厦五、六层 (Securities Building, 36 Nanbao Road, Haikou, Hainan Province). This places the firm in a major financial hub in China.
Risk Assessment
FXCanary's Scam Risk Score for Goldstate Futures is 28 out of 100, indicating a 'Guarded' level of risk. The unregulated status and lack of independent user reviews contribute to this cautious assessment.
Overview compiled by FXCanary from regulatory records and public data. full GOLDSTATE FUTURES CO.,LTD. review