GUO FU FUTURES

Guo Fu Futures (国富期货有限公司), commonly referred to as Guo Fu Futures, is a Chinese futures brokerage firm headquartered in Shanghai. According to its official registration, the company was established on February 19, 2019, though its own website traces its roots to 1992. The firm relocated its headquarters from Dalian to the Shanghai Pilot Free Trade Zone in 2015. In 2019, there were significant shareholder changes, and in 2020, it changed its registered address twice. The current legal representative is Yu Miao.

The company operates under the supervision of the China Financial Futures Exchange (CFFEX) and holds a Derivatives Trading License with Regulated status. It is also a member of other major Chinese exchanges: Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange, and Shanghai International Energy Exchange. Additionally, it has stock options trading participant status from the Shanghai and Shenzhen stock exchanges.

Guo Fu Futures is regulated by the China Financial Futures Exchange (CFFEX), which is one of the four futures exchanges in China. The company's license is for Derivatives Trading, and its status is listed as 'Regulated'. This indicates it meets the requirements set by the exchange to operate as a futures broker. However, forex brokers operating in China are not subject to a single national regulator like the FCA or CySEC; instead, futures brokers are overseen by the China Securities Regulatory Commission (CSRC) and the respective exchanges.

FXCanary's Scam Risk Score for Guo Fu Futures is 28/100, which falls under the 'Guarded' category. This suggests a relatively low risk profile for scam activity, but traders should still exercise due diligence. The low score is partly due to the company's long history and established presence in the Chinese market.

Guo Fu Futures provides a range of futures products and services. According to its regulatory filings and website, it offers commodity futures brokerage (agricultural products, metals, energy, chemicals), financial futures brokerage (stock index, treasury bond), and crude oil futures. It also offers futures investment consulting and asset management services. In addition, the company provides stock options brokerage services through its exchange memberships.

The broker's client base primarily appears to be Chinese domestic traders and institutions. It does not appear to offer retail forex (spot FX) or CFDs to international clients, and its services are largely confined to the Chinese market. This means it is not a typical retail forex broker for global traders.

The broker's website mentions several trading platforms: a mobile app called 'Guofu Yixing', a desktop/web platform called 'Caixuntong', and a professional tool called 'Wuxian Yi'. These platforms support market data, order execution, and account management. However, specific account types (e.g., standard, premium) are not detailed on the public pages found. The company appears to cater to both retail and institutional clients, offering customized solutions for the latter through partnerships with technology firms like Liantou Technology.

Funding and withdrawals are handled through bank transfers to designated margin accounts, as is common for Chinese futures brokers. The website does not specify accepted payment methods or processing times in the available pages.

Given its regulation in China and product focus, Guo Fu Futures is best suited for traders who are residents of China and interested in trading Chinese futures products. It is not designed for international retail forex traders. The broker's services are tailored to the domestic market, with all documentation in Chinese and contact numbers based in Shanghai and Dalian.

Institutional clients may benefit from the customized technology solutions and asset management services. Retail clients looking for a straightforward futures brokerage with a regulatory footprint may find it acceptable, but they should verify that the broker's product offerings match their needs.