MAILYARD FUTURES

MAILYARD FUTURES operates under the domain mfc.com.cn and is registered in China. According to our records, the firm was founded on January 26, 2019. The registered address is in the Jianghan District of Wuhan, Hubei Province, specifically at the ICC Wuhan Central Trade Tower.

The broker is also referred to as Zhengxin Futures in some contexts, though our records indicate the entity name as MAILYARD FUTURES. There is no publicly available information from independent sources to verify its operational history or corporate structure beyond these basic registration details.

Our records indicate that MAILYARD FUTURES has no registered regulatory oversight from any financial authority. This means it is not licensed by the China Financial Futures Exchange (CFFEX), the China Securities Regulatory Commission (CSRC), or any other known regulator.

The absence of regulation is a significant factor for traders, as it means there is no external oversight to ensure compliance with financial standards or to provide investor protection mechanisms. Traders considering this broker should be aware of the heightened risk that comes with dealing with an unregulated entity.

The broker claims to offer a minimum deposit of 3,000 yuan and a low commission rate of 0.1%, though these details come from internal descriptions and have not been independently verified. The firm states it caters to both individual and joint account holders.

Without independent confirmation, the accuracy of these trading conditions remains unknown. There are no verified reports of spreads, leverage, or other cost structures from external sources. Traders are advised to treat all claimed account terms with caution.

MAILYARD FUTURES mentions offering a mobile application called the 'Zhengxin future app' for trading, as well as a demo account for practice. However, no information about specific trading platforms such as MetaTrader 4 or 5 is available from our records.

The availability and functionality of these tools cannot be confirmed through independent channels. The demo account may be useful for testing, but traders should be aware that the quality and reliability of the platform are unsubstantiated.

A customer support phone number, 400-700-0068, is associated with the broker, according to internal descriptions. This phone number follows the typical format for Chinese toll-free lines.

There are no verifiable records of response times, support quality, or availability of live chat, email, or other channels. The lack of external reviews or testimonials makes it impossible to assess the level of customer service.

Based on its claims, MAILYARD FUTURES appears to target retail traders in China who are interested in futures trading on stocks, commodities, and bonds. The low minimum deposit and commission rates, if accurate, may attract cost-conscious traders.

However, given the complete absence of regulatory oversight and the lack of independent information, this broker is not suitable for risk-averse traders or those who prioritize regulatory protection. It may only be appropriate for experienced traders who fully understand the risks of dealing with an unregulated entity.