About INDUSTRIAL SECURITIES FUTURES
Overview
Industrial Securities Futures (Industrial Securities Futures Co., Ltd., also known as 兴证期货有限公司) is a Chinese futures brokerage firm headquartered in Shanghai, with additional offices in Fuzhou. The company was established on August 16, 2018, according to regulatory records, and operates under the umbrella of the Industrial Securities group. It provides a range of financial services focused on derivatives trading, including commodity futures, financial futures, and asset management.
The broker's official website (xzfutures.com) presents itself as a professional and regulated service provider in China's futures market. It caters primarily to domestic Chinese investors, both retail and institutional, offering access to major Chinese futures exchanges. The company emphasizes its quantitative and FOF (fund of funds) capabilities in asset management.
Regulation and Safety
Industrial Securities Futures holds a Derivatives Trading License from the China Financial Futures Exchange (CFFEX), indicating membership and regulatory oversight by the exchange. However, it is important to note that CFFEX is an exchange rather than a primary regulatory authority; the ultimate regulator for futures companies in China is the China Securities Regulatory Commission (CSRC). Our records show the CFFEX license status as 'Regulated'.
In FXCanary's assessment, the broker has a Scam Risk Score of 31/100, categorized as 'Guarded.' This relatively low risk score suggests a generally safe environment, though traders should be aware that Chinese futures brokers operate under a different regulatory framework than those in Western jurisdictions. Client funds are required to be held in segregated accounts with designated banks, and the broker complies with Chinese anti-money laundering regulations.
Services and Products
The broker's core services include commodity futures brokerage, covering products traded on exchanges such as the Dalian Commodity Exchange, Zhengzhou Commodity Exchange, and Shanghai Futures Exchange. Financial futures brokerage covers index futures and treasury bond futures listed on CFFEX. Additionally, the broker offers fund sales services, acting as a distributor for various mutual funds, and asset management services focused on quantitative strategies and FOF products.
According to its website, the asset management division has developed proprietary products like the Xingyang, Xinglong, and Xingrui series, which are tailored to different risk-return profiles. The broker also provides research and advisory services, as evidenced by its investor education initiatives and market analysis published on the site.
Account Types and Platforms
Industrial Securities Futures offers standard futures accounts for both individual and institutional investors. Individual accounts require Chinese identity documents and a local bank account for margin deposits. Institutional accounts require business registration documents and authorized representatives. The broker supports multiple account types, including separate accounts for commodity futures, financial futures, and stock options (through affiliated securities services).
The trading platforms available include the broker's proprietary mobile app (for account opening and trading), as well as commonly used Chinese futures trading software such as 文华财经 (Wenhua) and 博易大师 (BOYI). The broker also provides an online business hall for account management, fund transfers, and document submission.
Target Audience
The broker primarily serves domestic Chinese investors who wish to trade futures on Chinese exchanges. Its services are suitable for both speculative traders and hedgers, including commodity producers, financial institutions, and individual speculators. The asset management products are aimed at high-net-worth individuals and institutional clients seeking exposure to quantitative and FOF strategies.
Given that the broker's website and customer service are exclusively in Chinese, and the account opening process requires Chinese identification and local bank accounts, it is not designed for international retail forex traders. The broker does not offer leveraged forex trading as understood in the Western retail FX/CFD market.
Customer Support
The broker provides customer support via a national hotline (95562-5) and email (huangchen@xzfutures.com). Its website includes a comprehensive FAQ section addressing common issues related to account opening, margin requirements, fund transfers, and trading rules. The broker also operates an online chat system through its mobile app.
Physical office locations are listed in Shanghai and Fuzhou, and the broker maintains a network of branch offices across China. The website features news updates on company events and regulatory announcements, indicating an active engagement with its client base.
Overview compiled by FXCanary from regulatory records and public data. full INDUSTRIAL SECURITIES FUTURES review