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Miracle China

Moderate risk
🇨🇳 China · 5-10 years · since 2019-05-31 · 神华期货有限公司
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
CFFEX
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—/5
★★★★★ ★★★★★
2 reviews ›
1
Licenses ›
2
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
32/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 100% negative
Independent ratingshow third parties score this broker
WikiFX7.8/10
Trustpilot—/5
Forex Peace Army—/5
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Miracle China operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
32
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Withdrawal complaints in ~100% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints3612%
Offshore registration458%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal name神华期货有限公司
Headquarters🇨🇳 China
Founded2019-05-31
Years operating5-10 years
Employees0
Official websiteshqhgs.cfmmc.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
深圳市福田区深南大道1006号深圳国际创新中心（福田科技广场）A栋27层东半层A

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CFFEXDerivatives Trading License (AGN)0261ChinaRegulated

Review analysis AI

Miracle China is a regulated Chinese futures brokerage with a decades-long track record and direct exchange memberships. Its scam risk score of 32/100 (Guarded) reflects the lack of independent reviews and limited public financial transparency, common for Chinese brokers. While the firm appears legitimate, traders outside China should note regulatory restrictions and potential language barriers. Caution is advised, particularly given the scarcity of user feedback and the broker's minimal international presence.

Best for
  • Chinese residents seeking futures and options trading
  • Traders needing access to multiple Chinese exchanges
  • Investors preferring a regulated, long-established Chinese brokerage
Not for
  • International retail forex traders
  • Traders seeking MT4/MT5 platforms
  • Those requiring low initial deposit or flexible leverage
Period:
What users complain about
Where reviewers are from
Hong Kong2

Real user reviews

Where Miracle China operates

Active across 2 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇹🇼 Taiwan
🇺🇸 United States
🇨🇳 China Licensed
🇭🇰 Hong Kong 2 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What Miracle China says about itself as stated by the broker · not independently verified by FXCanary

Company Overview

神华期货有限公司 (Shenhua Futures Co., Ltd.) claims to be a national-level futures company established in 1995 with approval from the China Securities Regulatory Commission (CSRC). According to its website, it has grown steadily over two decades, emphasizing integrity, self-discipline, and client service. The broker states that it has never incurred a major risk incident since inception and has maintained continuous profitability through prudent management and cost control.

Products and Services

The company lists its business scope as commodity futures brokerage, financial futures brokerage, and futures investment advisory. It claims direct membership on six futures exchanges: Shanghai Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange, China Financial Futures Exchange (CFFEX), Shanghai International Energy Exchange, and Guangzhou Futures Exchange. Additionally, it offers risk management consulting, research reports, and trading strategy design services.

Trading Platforms and Tools

The broker's website promotes multiple trading software options, including the Shenhua Boyi Master (based on PB system), Wenhua Wh6 (for individual investors), Flash King (for options), and Kuaiqi Q7. It also offers custom indicators, arbitrage analysis, and program trading tools. The broker claims to support real-time market data and fast order execution, with compatibility for night trading sessions.

Account Types and Funding

While the website does not explicitly list account tiers, it provides client margin account details with major Chinese banks, including ICBC, Bank of Communications, China Construction Bank, Agricultural Bank of China, and Bank of China, indicating segregated client funds. The broker states that client funds are under custodial management (tubes). No specific spreads are mentioned on the site, but marketing materials from known facts claim spreads from 0.25 points.

Customer Service and Support

Shenhua Futures asserts a 'service-to-the-heart' philosophy, with a dedicated team providing personalized solutions. It operates a 24-hour hotline (400-800-8888) and maintains branch offices in multiple Chinese cities, including Beijing, Shanghai, Guangzhou, and Chengdu. The website also features an online business hall for account opening and software downloads.

About Miracle China

Miracle China, operating under the official domain shqhgs.com and also known as Shenhua Futures (神华期货), is a Chinese futures brokerage headquartered in Shenzhen. The company was established in 1995 and is regulated by the China Financial Futures Exchange (CFFEX) as a derivatives trading licensee. Its registered address is in the Shenzhen International Innovation Center, Futian District, a financial hub in the city.

The broker primarily offers commodity and financial futures trading, options, and investment advisory services. It holds direct memberships on all major Chinese futures exchanges, including the Shanghai Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange, CFFEX, Shanghai International Energy Exchange, and Guangzhou Futures Exchange. This extensive exchange access allows clients to trade a wide range of products, from agricultural commodities to equity index futures.

In terms of trading platforms, Miracle China provides several software solutions compatible with PC, including the standard Shenhua Boyi Master (based on the popular PB system), Wenhua Wh6 for retail traders, and the Kuaiqi series for high-frequency trading. These platforms offer real-time market data, charting tools, and direct order entry. The broker also supports mobile trading through app-based solutions, though specific details are limited.

Funding and account management are handled through major Chinese banks, with client funds held in segregated accounts. The broker publishes its margin requirements and commission schedules on its website, indicating transparency in pricing. However, specific spreads are not publicly listed beyond marketing claims. The broker's fee structure is based on exchange plus a commission, typical for futures brokers in China.

Miracle China positions itself as a service-oriented institution, with a 24-hour customer hotline (400-800-8888) and branches across major Chinese cities. It also offers online account opening through its 'Online Business Hall'. The broker's target audience is Chinese domestic investors seeking access to futures and options markets, with no apparent focus on international retail forex traders.

Overview compiled by FXCanary from regulatory records and public data. full Miracle China review