SANLI FUTURES

Shanxi Sanli Futures Co., Ltd. (known as Sanli Futures) is a Chinese futures brokerage firm headquartered in Taiyuan, Shanxi Province. Established in 1993, the company was among the first batch of futures firms authorized by the China Securities Regulatory Commission (CSRC). It operates primarily in commodity futures brokerage and financial futures brokerage, serving both retail and institutional clients. The broker's official website is sxslqh.com, and its registered address is Building 35, No.6 Changxing Road, Changfeng West Street, Wanbailin District, Taiyuan.

The broker holds a derivatives trading license (AGN) from the China Financial Futures Exchange (CFFEX), which is a regulated exchange in China. The known facts list the regulatory status as 'Regulated' under CFFEX. However, it is important to note that CFFEX is a Chinese exchange regulator, not a national financial regulator like the CSRC; but the CSRC oversees the overall futures industry. Sanli Futures is also a member of various Chinese commodity exchanges.

Sanli Futures is regulated by the China Financial Futures Exchange (CFFEX) under a Derivatives Trading License. The FXCanary Scam Risk Score is 28 out of 100, categorized as 'Guarded', indicating a relatively low risk for a regulated entity. The company is also likely subject to oversight by the CSRC and must comply with Chinese futures regulations. It participates in the China Futures Market Monitoring Center for unified account opening and risk monitoring.

The broker's registration details show it was founded on February 19, 2019, according to our known facts, but its own website claims a founding date of 1993. This discrepancy may be due to a re-registration or change in corporate structure. The known facts list the registered address as 山西省太原市万柏林区长风西街街道长兴路1号6幢35层, which matches the address on the official website.

Sanli Futures offers brokerage services for a wide range of futures products listed on Chinese exchanges, including agricultural products (soybeans, corn, cotton), metals (copper, aluminum, stainless steel), energy (crude oil, coke), financial futures (stock index futures, government bond futures), and options. The broker provides hedging, arbitrage, and risk management services to commercial clients. It also operates an investor education platform with courses and market resources.

The broker does not offer retail forex or CFD trading; its core business is exchange-traded futures. Account types are not detailed on the website, but standard futures accounts are available. Minimum deposit requirements vary by product; for example, financial futures require a 500,000 CNY minimum account balance for eligibility.

Sanli Futures supports several trading platforms commonly used in the Chinese futures market. These include Wenhua Winsome (wh6), Boyi Cloud (Boyi Master), and Kuaigi Terminal, all of which are compatible with Chinese exchanges and regulatory requirements. The broker also offers its own branded mobile app and an online trading system (UFT 5.0). All platforms are designed to integrate with the China Futures Market Monitoring Center for 'see-through' supervision.

The broker provides software downloads for Windows and mobile devices, with instructions for installation and use. The platforms offer real-time quotes, charting, order entry, and risk management tools. The website indicates that the software supports automated trading and API access, though specific details are not extensive.

Account opening can be done online via the China Futures Market Monitoring Center's unified cloud platform. The broker requires identity verification and adherence to anti-money laundering rules. There is no minimum deposit for standard futures accounts, but special products like financial futures or crude oil have higher thresholds (e.g., 500,000 CNY for financial futures). Commission fees vary by product and are negotiated with the client's account manager.

The broker publishes a fee calculator on its education site, but specific rates are not publicly listed. The Q&A section notes that fees are determined by the exchange and broker, and clients should contact their representative for details. The broker also provides support for first-time traders, including educational resources and step-by-step guidance.

Sanli Futures targets both individual retail investors and institutional clients in China. Its investor education platform is specifically designed for retail traders looking to learn about futures trading. The broker also serves commercial entities seeking hedging solutions for commodity price risk. Given its local presence and language (Chinese only), it is primarily aimed at domestic Chinese traders.

The broker has three branches in Shanghai, Henan, and Northwest China, indicating a regional focus. It emphasizes its expertise in the black energy sector (coal, coke) due to Shanxi's industrial base. The company claims a strong client profitability record, which may appeal to performance-oriented traders.

The broker highlights its contributions to investor education and talent development. It established a futures education fund at Shanxi University of Finance and Economics in 2001 and serves as a training base for multiple exchanges. The company's website promotes its role in fostering professional traders and supporting the sustainable development of China's futures market.

Sanli Futures also maintains a complaint and feedback system, with a dedicated complaint hotline and satisfaction surveys on its education portal. These efforts align with regulatory expectations for client protection and transparent operations.