GUOSHENG FUTURES

GUOSHENG FUTURES Co., Ltd. (official domain jxgsqh.com) is a Chinese futures brokerage founded on 19 February 2019. The firm operates as a subsidiary of Guosheng Securities Holdings, a well-established financial group in China. According to its corporate description, the company began operations in 1995 and is headquartered in Shanghai, with member seats across all domestic futures exchanges. It has established branches in Henan, Anshan, Shanghai, Zhejiang, and Nanchang, with plans to open additional offices nationwide.

The broker is registered with the China Financial Futures Exchange (CFFEX), holding a Derivatives Trading License (AGN). However, CFFEX is an exchange and self-regulatory organization, not a primary government regulator like the China Securities Regulatory Commission (CSRC). This means the firm operates under exchange oversight but may lack the full supervisory framework of a national regulatory body. FXCanary’s scam risk score for this broker is 85 out of 100, indicating a severe risk level, partly due to the limited regulatory clarity.

Guosheng Futures focuses on financial and commodity futures trading, leveraging its parent company’s extensive network. The broker offers access to all major Chinese futures exchanges, including the Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange, and the China Financial Futures Exchange. Its product lineup includes agricultural, metal, energy, and financial futures contracts. Additionally, the firm plans to expand its IB (Introducing Broker) service network, utilizing Guosheng Securities’ more than 260 business outlets nationwide to attract both institutional and retail clients.

While headquartered in Shanghai, Guosheng Futures has a physical presence in Henan, Anshan, Zhejiang, and Nanchang, with intentions to open further branches across China. The broker primarily serves domestic Chinese traders, particularly those seeking exposure to the country’s futures markets. Its partnership with Guosheng Securities enables it to tap into a broad client base through the securities firm’s extensive branch network. International clients are unlikely to be targeted, and the broker’s services are likely limited to residents of mainland China.

The known facts do not provide specific details about account tiers, minimum deposits, or trading platforms offered by Guosheng Futures. Given its status as a domestic futures broker, it is reasonable to assume standard Chinese futures brokerage practices, such as separate accounts for commodity and financial futures. Trading platforms are unconfirmed, but many Chinese futures brokers use proprietary systems or third-party solutions like CTT (Commodity Trading Terminal) or eFuture. Without official website information, these details remain speculative.

Guosheng Futures carries a severe risk score from FXCanary, reflecting concerns over its regulatory framework and transparency. Registration with an exchange rather than a national regulator like the CSRC means weaker oversight and less recourse for clients in disputes. The broker’s brief track record (founded in 2019) also raises caution, as longer-established firms often demonstrate stability. Traders should verify the broker’s legitimacy directly through Chinese authorities and be aware of potential operational risks.