About JINSHI FUTURES
Who Is Jinshi Futures?
Jinshi Futures is a futures brokerage firm headquartered in Beijing, China. According to official records, the company was founded in 1995 and operates under the regulation of the China Financial Futures Exchange (CFFEX). The firm specializes in commodities, bond, and futures trading, serving both individual and corporate clients.
Given the limited independent public information available, traders should exercise caution and verify details directly with the broker. The firm's registration with CFFEX provides a degree of regulatory oversight within China's financial markets.
Regulation and Licensing
Jinshi Futures holds a Derivatives Trading License (AGN) from the CFFEX, classified as 'Regulated' in China. This license authorizes the firm to engage in futures brokerage activities. However, no additional regulators from other jurisdictions are on file, meaning the broker is not supervised by any international financial authority.
Prospective clients should be aware that regulation by CFFEX is specific to China and may not offer the same level of investor protection as regulators in other major financial centers.
Account Types and Minimum Deposit
The broker offers personal and joint accounts. According to its terms, the minimum deposit required to open an account is 10,000 yuan. This relatively low entry threshold makes the broker accessible to retail traders in China.
No information is available about other account tiers, such as Islamic or corporate accounts, beyond the basic offering. Traders seeking more specialized account types may need to contact the broker directly.
Trading Platforms and Instruments
Jinshi Futures provides the CTP (Comprehensive Transaction Platform) trading terminal, a system widely used in Chinese futures markets. The broker also offers a demo app for practice trading. The platform supports trading in commodities, bonds, and futures contracts.
The broker does not appear to offer foreign exchange or CFD trading, limiting its product range to futures and related derivatives. This makes it suitable primarily for traders focused on Chinese futures markets.
Fees and Commissions
The broker charges a commission of 0.2% on trades, with no spreads applied. This fee structure is typical for futures brokers in China, where commissions are based on a percentage of the notional trade value.
No additional fees for deposits or withdrawals are mentioned, but traders should confirm with the broker any potential charges for specific payment methods or account maintenance.
Deposits and Withdrawals
Information on deposit and withdrawal methods is limited. The broker's customer support number (400 610 8881) is provided, suggesting that clients may need to contact the firm directly for funding instructions. Given the Chinese market, local bank transfers are likely supported.
Traders should note that international clients may face difficulties, as the broker appears focused on the domestic Chinese market.
Customer Support
Jinshi Futures offers customer support via a toll-free hotline: 400 610 8881. No information on live chat, email support, or office hours is available. The broker also provides a demo account, which can be used to test the platform before committing real funds.
Overview compiled by FXCanary from regulatory records and public data. full JINSHI FUTURES review