NEW CENTURY FUTURES

NEW CENTURY FUTURES is a Chinese futures brokerage established on June 10, 2019, and registered in Hangzhou, Zhejiang province. The firm operates under the regulatory oversight of the China Financial Futures Exchange (CFFEX), holding a Derivatives Trading License (AGN) with regulated status.

The company's registered address is at 杭州市体育场路335号6-8层, situating it within China's financial hub. As a regulated futures entity, it is authorised to facilitate trading in Chinese financial derivative products.

New CENTURY FUTURES holds a single licence from CFFEX, one of China's main futures exchanges. This regulatory framework imposes compliance requirements typical of Chinese financial markets, including client asset segregation and reporting obligations.

However, because the broker does not hold a license from any international regulator such as the FCA or ASIC, its operations are confined to Chinese domestic markets. Traders outside of China may face restrictions or additional risks when dealing with this broker.

According to available information, NEW CENTURY FUTURES offers trading products focused on futures contracts, including index futures and bond futures. These instruments are listed on CFFEX and allow traders to speculate on or hedge against movements in Chinese equity indices and government bond yields.

The product range is limited to exchange-traded derivatives, meaning the broker does not provide spot forex, CFDs, or cryptocurrencies. This makes it suitable for traders seeking exposure to China's financial futures markets rather than diversified retail trading.

No detailed information is publicly available regarding the specific account types offered by NEW CENTURY FUTURES. As a futures brokerage, it is likely to provide standard futures trading accounts with varying margin requirements and commission structures, but these details remain unconfirmed.

Similarly, the trading platforms used by the broker are not disclosed. Industry practice for Chinese futures brokers often includes proprietary platforms or access through CFFEX's electronic trading system, but independent verification is lacking.

NEW CENTURY FUTURES has a low scam risk score of 30/100 from FXCanary, indicating a guarded level of risk. This score reflects the fact that while the broker is regulated, there is very limited independent public information about its operations, financials, or client feedback.

The absence of user reviews and third-party audits makes it difficult for traders to assess the broker's reliability and service quality. Potential clients should exercise caution and seek additional documentation or references before engaging with this firm.