TIANFU FUTURES

TIANFU FUTURES (天富期货) is a Chinese futures brokerage headquartered in Changchun, Jilin Province. It was established on December 12, 2018, according to official records, though its website suggests a founding date in 2003. The firm operates under the regulation of the China Financial Futures Exchange (CFFEX) and holds a derivatives trading license. Its registered address is at the intersection of Jinchuan Street and Pudong Road in the Jingkai District of Changchun.

The broker is majority-owned by Jilin Trust Co., Ltd., a state-affiliated entity. It maintains a network of nine branches in major Chinese cities, including Beijing, Shanghai, and Wuhan. The company describes itself as a 'modern financial enterprise' and focuses exclusively on futures and options trading, not on retail forex or CFD products.

TIANFU FUTURES is regulated by the China Financial Futures Exchange (CFFEX), which is a self-regulatory organization under the supervision of the China Securities Regulatory Commission (CSRC). Its CFFEX license is classified as a 'Derivatives Trading License (AGN)' with a status of 'Regulated' in China. Additionally, the firm is a member of all major Chinese futures exchanges: DCE, SHFE, ZCE, CFFEX, INE, and GFEX.

While it operates under legitimate Chinese regulatory oversight, it is not regulated by any offshore financial authority such as the FCA, CySEC, or ASIC. This limits its services primarily to Chinese residents and may affect international clients.

The broker offers standard account opening procedures for commodity futures, financial futures, and specific commodity options. Account types are not explicitly differentiated on the website, but the process varies based on the product type. For financial futures (including stock index futures and options), clients must meet stringent conditions: a knowledge test score of at least 80%, simulation or real trading experience, and a minimum of 500,000 RMB in available funds for five consecutive days.

For commodity futures, lower thresholds apply, but specific details are not provided. The broker does not list typical leverage or margin requirements on its main pages, but these are determined by exchange rules. The firm uses a 'first-in, first-out' (FIFO) method for profit calculation, as stated in its trading FAQs.

TIANFU FUTURES provides several trading platforms: e.g., Bo Yi (Boyun), Jin Shi Da, Wen Hua (WinSmart), and Kuai Qi (CTP). The CTP system is available upon request. The broker also offers a proprietary mobile app, 'Tianfu Futures,' which supports conditional orders.

For analysis, clients can access market data and research reports through the platforms. The firm's website includes a section for 'software download' and 'usage guides,' covering both PC and mobile options. The broker emphasizes that its software meets regulatory 'look-through' requirements.

The broker offers trading in all listed futures and options contracts on six Chinese exchanges. This includes agricultural commodities (e.g., soybeans, corn), metals (e.g., copper, gold), energy (e.g., crude oil, natural gas), financial futures (e.g., CSI 300 Index Futures, treasury bond futures), and equity options.

Notably, TIANFU FUTURES does not offer spot forex, CFDs, or any over-the-counter (OTC) derivatives. Its product range is strictly exchange-traded futures and options, which are subject to standard exchange clearing and settlement.

The broker provides customer support via a national hotline (400-700-5136) and email. Its website includes a '常见问题' (FAQ) section and guides for account opening, software usage, and trading rules. There is also a dedicated '投资者教育' (investor education) area with resources on risk warnings and compliance.

However, the broker does not offer live chat or 24/7 support, and its educational content is primarily oriented toward the Chinese domestic market. The firm is transparent about its fees, publishing a schedule for commissions and margin rates for each product.

TIANFU FUTURES is suitable for Chinese residents interested in trading domestic futures and options. It is ideal for those who already have knowledge of Chinese markets and can meet the capital requirements for financial futures. The broker's regulatory status under CSRC and exchange membership provide a degree of security.

However, it is not appropriate for retail forex or CFD traders, or for investors outside China who might face restrictions. The lack of international regulation and English-language support limits its appeal to a global audience. Traders seeking high leverage or exotic instruments should look elsewhere.