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NEW ERA

China|5-10 years|
Futures License|Suspicious Scope of Business|

http://www.neweraqh.com.cn/

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China 3.01

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http://www.neweraqh.com.cn/
徐州市鼓楼区民主北路2号黎明大厦1号楼8-9层

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NEW ERA · Company Summary

Company Summary

Company profile

Basic Information & Regulation of New Era Futures

Founded in 1995, New Era Futures is one of the first Futures companies approved by the China Securities Regulatory Commission, a member of the China Futures Association, and a director of the Jiangsu Futures Association. With a registered capital of RMB 375.2 million, New Era Futures is a member of China Financial Futures Exchange, Shanghai Futures Exchange, Dalian Commodity Exchange, and Zhengzhou Commodity Exchange, as well as the first member of Shanghai International Energy Exchange, and can act as an agent for trading, settlement and delivery of all domestic commodity futures, options and financial futures. New Era Futures is qualified for Futures investment consulting, asset management, and sales of publicly traded securities investment funds. New Era Futures set four branches in Chengdu, Shenzhen, Nanjing, and Shanghai and eight business offices in Beijing, Nanjing, Xuzhou, Nantong, Suzhou, Hangzhou, Guangzhou, and Chongqing, with business scope all over China.

Products & Services of New Era Futures

On January 14, 2015, New Era Futures obtained the Notice of Filing of Asset Management Business from China Futures Association (No. [2015] 3), and the company's business scope was changed to: commodity futures brokerage, financial futures brokerage, futures investment consulting, and asset management. The asset management business includes a single-client asset management plan and pooled asset management plan. Investment products mainly include futures, options, and other financial derivatives; stocks, bonds, securities investment funds, pooled asset management plans, central bank notes, short-term financing bills, asset-backed securities, and other investment varieties approved by the China Securities Regulatory Commission. Wealth management business mainly includes public funds, private funds, asset management, and trusts.

Trading Software of New Era Futures

New Era Futures provides traders with a variety of quotes trading software, cell phone software, simulation trading software, and some other trading software. Quotes trading software are Bo Yi Cloud Trading version, Wenhua Winshun Cloud Futures Quotes Trading Software. Independent trading software mainly includes Vertex Futures Trading Client, CTP Trading System/Fast Futures New Generation V2, CTP Trading System/Fast Futures New Generation V3. Mobile software contains New Era Futures APP (Android version), New Era Futures APP (Apple version), New Era Sales Terminal, Money Management New Era (Android version).

Deposit and Withdrawal of New Era Futures

New Era Futures supports traders to transfer funds in and out through Bank Futures Transfer, which is safe and fast and real-time arrival. There is no fee for investors to transfer in or out, no limit to the deposit amount or number. The default withdrawal limit for the day is 2 million yuan, with a reserve fund of $10, and you need to contact your account manager to adjust the withdrawal limit. Generally, investors can deposit and withdraw only on trading days, with deposit time from 8:20 to 15:30, from 20:40 to 02:30 (the next day), and withdrawal time is 9:01-15:30.


Company Name NEW ERA
Registered Country China
Founded Year 1995
Company Name NEW ERA Futures Co., Ltd.
Regulation Regulated by the China Financial Futures Exchange (CFFEX)
Services - Futures Trading and Clearing
- Membership in Financial Exchanges
- Investment Consulting
- Securities Investment Fund Sales
- Risk Management Services
- National Coverage
Fees Fee structure varies based on commodity and exchange, effective from May 9, 2024. Detailed fee standards available from respective exchange websites.
Customer Support - National Hotline: 400-111-1855
- Headquarters Address: 8-9/F, Building 1, Li Ming Mansion, No. 2 Minzhu North Road, Gulou District, Xuzhou. Postal Code: 221005
- Customer Service Department: 0516-83831111, 0516-83835555
- Research Institute: 0516-83831127
- Order Placement: 0516-83831126, 0516-83831128
- Fax Number: 0516-83831100

Overview

NEW ERA Futures Co., Ltd., established in 1995 in China, operates under the regulatory oversight of the China Financial Futures Exchange (CFFEX). The company offers a diverse range of financial services, including futures trading and clearing, membership in financial exchanges, investment consulting, securities investment fund sales, and risk management services. Its fee structure varies depending on the commodity and exchange, with details available from respective exchange websites. NEW ERA provides robust customer support through its national hotline, headquarters address, customer service department, research institute, order placement lines, and fax number.

Overview

Regulation

The regulatory oversight of the NEW ERA initiative falls under the jurisdiction of the China Financial Futures Exchange (CFFEX). CFFEX plays a pivotal role in ensuring compliance and stability within the NEW ERA framework. Its regulations are designed to foster healthy growth and mitigate risks in China's financial markets.

Regulation

Pros and Cons

While NEW ERA offers several financial services and benefits from regulatory oversight and accessibility, clients should remain mindful of the inherent risks and complexities associated with futures trading, as well as the potential impact of market volatility on investments.

Pros Cons
  • Comprehensive range of financial services
  • Inherent risks associated with futures trading
  • Membership in major financial exchanges
  • Complexity of navigating futures markets
  • Nationwide accessibility of services
  • Market volatility and uncertainties
  • Regulatory oversight ensuring compliance

Services

NEW ERA Futures Co., Ltd. provides a comprehensive range of financial services, including:

  1. Futures Trading and Clearing: As a member of major Chinese commodity exchanges such as the China Financial Futures Exchange, Shanghai Futures Exchange, Dalian Commodity Exchange, and Zhengzhou Commodity Exchange, NEW ERA facilitates trading, clearing, and settlement services for a wide array of commodity futures and options contracts.

  2. Membership in Financial Exchanges: NEW ERA is a member unit of key financial exchanges in China, including the Shanghai International Energy Exchange, enabling it to participate in and facilitate trading activities across various financial instruments.

  3. Investment Consulting: The company holds qualifications for providing futures investment consulting services, offering expertise and guidance to clients on navigating the complexities of futures markets and making informed investment decisions.

  4. Securities Investment Fund Sales: NEW ERA is authorized to engage in the public offering and sales of securities investment funds, providing clients with access to diversified investment opportunities in the securities market.

  5. Risk Management Services: Through its subsidiary, XINJIYUAN Capital Management Co., Ltd., NEW ERA offers specialized risk management solutions, helping clients identify, assess, and mitigate financial risks associated with their investment portfolios.

  6. National Coverage: With branch offices and sales offices strategically located across China, including in cities such as Chengdu, Shenzhen, Nanjing, Shanghai, Beijing, Guangzhou, and Chongqing, NEW ERA's services are accessible to clients nationwide, ensuring comprehensive coverage and support.

Overall, NEW ERA is committed to delivering professional, reliable, and innovative financial services to support the growth and success of its clients in both domestic and international markets.

Services

How to open an account?

To open a futures trading account, there are two main methods available:

  1. Online Account Opening:

    1. Upload scanned copies of your ID card (front and back), bank card, and your electronic signature image (in formats such as jpg/gif/png/bmp, not exceeding 10MB in size).

    2. Access the “Quick Open Account” option within the app and follow the prompts to submit your information, apply for account opening, and undergo the verification process.

    3. Prepare your personal identification card, mobile phone, and bank debit card.

  2. In-Person or Witnessed Account Opening:

    1. For individuals: Bring your ID card and bank debit card.

    2. For institutions (corporate clients) opening futures accounts, bring:

    3. Copies of all the above documents, along with the originals, and affix the company seal.

    4. ID cards of the individuals authorized to issue instructions, transfer funds, and confirm settlement statements.

    5. Copy of the legal representative's ID card or the ID card of the institution's account opening agent.

    6. Company seal.

    7. Original copy of the business license.

    8. For both individuals and institutions:

After completing the account opening procedures either online or in person:

  • Sign the agreement between the bank and the futures company.

  • Download the trading software.

  • Transfer funds using the “Bank-Futures Transfer” function to begin trading.

Whether opening the account online or in person, once the necessary documentation is provided and the account is successfully opened, clients can proceed to fund their accounts and commence trading futures contracts.

How to open an account?

Fees

The fee structure for futures trading as of May 9, 2024, is as follows:

Futures Trading Commission Standards:

Dalian Commodity Exchange:

  • The commission fee varies based on the commodity traded, ranging from 4 to 600 yuan per contract for opening, closing, shorting, or short-closing positions.

Shanghai Futures Exchange:

  • Commission fees range from 0.4 to 24 yuan per contract, depending on the commodity and type of transaction (opening, closing, shorting, or short-closing).

Zhengzhou Commodity Exchange:

  • Fees range from 4 to 120 yuan per contract for various commodities and transaction types.

Shanghai International Energy Exchange:

  • Fees vary from 0.4 to 80 yuan per contract for different commodities and transaction types.

Options Trading Commission Standards:

Dalian Commodity Exchange:

  • Fees range from 0.8 to 600 yuan per contract for opening, closing, shorting, or short-closing positions, as well as exercise and settlement.

Shanghai Futures Exchange:

  • Commission fees vary from 2 to 60 yuan per contract, depending on the commodity and type of transaction.

Zhengzhou Commodity Exchange:

  • Fees range from 2 to 600 yuan per contract for various commodities and transaction types.

Shanghai International Energy Exchange:

  • Fees vary from 2 to 40 yuan per contract for different commodities and transaction types.

These fee standards are effective from May 10, 2024. For adjustments or inquiries regarding futures trading commission standards, clients are advised to contact the company's representatives for further clarification or special agreements. Detailed fee structures for each commodity and exchange can also be found on the respective exchange websites.

Here's a simplified table summarizing the futures trading commission standards as of May 9, 2024:

Exchange Commodity Open Close Short Short Close
Dalian Commodity Exchange Various 4 - 600 4 - 600 4 - 600 4 - 600
Shanghai Futures Exchange Various 0.4 - 24 0.4 - 24 0.4 - 24 0.4 - 24
Zhengzhou Commodity Exchange Various 4 - 120 4 - 120 4 - 120 4 - 120
Shanghai International Energy Exchange Various 0.4 - 80 0.4 - 80 0.4 - 80 0.4 - 80

And for options trading commission standards:

Exchange Commodity Open Close Short Short Close Exercise Settlement
Dalian Commodity Exchange Various 0.8 - 600 0.8 - 600 0.8 - 600 0.8 - 600 0.8 - 600 0.8 - 600
Shanghai Futures Exchange Various Feb-60 Feb-60 Feb-60 Feb-60 Feb-60 Feb-60
Zhengzhou Commodity Exchange Various 2 - 600 2 - 600 2 - 600 2 - 600 2 - 600 2 - 600
Shanghai International Energy Exchange Various Feb-40 Feb-40 Feb-40 Feb-40 Feb-40 Feb-40

These fee standards are effective from May 10, 2024. For adjustments or inquiries regarding futures trading commission standards, clients are advised to contact the company's representatives for further clarification or special agreements. Detailed fee structures for each commodity and exchange can also be found on the respective exchange websites.

Fees

Customer Support

NEW ERA offers comprehensive customer support services to ensure smooth interactions and assistance for its clientele:

NEW ERA Customer Support:

  • Hotline: Reach out to the national hotline at 400-111-1855 for immediate assistance.

Headquarters Information:

  • Location: 8-9/F, Building 1, Li Ming Mansion, No. 2 Minzhu North Road, Gulou District, Xuzhou.

  • Postal Code: 221005

Dedicated Departments:

  • Customer Service: Contact the Customer Service Department directly at 0516-83831111 or 0516-83835555.

  • Research Institute: Seek insights and specialized assistance from the Research Institute by dialing 0516-83831127.

Order Placement and Trading Support:

  • Order Hotline: Place orders or address trading-related queries through the designated lines at 0516-83831126 or 0516-83831128.

Fax Communication:

  • Fax Number: Documents or inquiries can be sent via fax to 0516-83831100.

This structured approach ensures that clients of NEW ERA have multiple avenues to access support, ranging from general inquiries to trading-related assistance, fostering seamless communication and satisfaction.

Customer Support

Conclusion

In conclusion, NEW ERA offers a comprehensive suite of financial services, including futures trading and clearing, investment consulting, securities investment fund sales, and risk management solutions. Regulated by the China Financial Futures Exchange (CFFEX), it ensures compliance and stability within the financial markets. With accessible customer support channels and a nationwide presence, NEW ERA strives to deliver professional and innovative services to support the growth and success of its clients. However, clients should remain mindful of the associated risks involved in futures trading.

FAQs

Q: How can I open a futures trading account with NEW ERA?

A: You can open an account either online or in person. For online account opening, prepare your ID card, mobile phone, and bank debit card, then follow the prompts in the app. In-person account opening requires bringing necessary documents to the nearest branch office.

Q: What financial services does NEW ERA provide?

A: NEW ERA offers a range of services including futures trading and clearing, investment consulting, securities investment fund sales, and risk management solutions.

Q: What exchanges is NEW ERA a member of?

A: NEW ERA is a member of major Chinese commodity exchanges such as the China Financial Futures Exchange, Shanghai Futures Exchange, Dalian Commodity Exchange, and Zhengzhou Commodity Exchange.

Q: How can I contact NEW ERA's customer service?

A: You can reach NEW ERA's customer service department by calling 0516-83831111 or 0516-83835555.

Q: What regulatory oversight does NEW ERA operate under?

A: NEW ERA is regulated by the China Financial Futures Exchange (CFFEX), ensuring compliance and stability within the financial markets.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

Broker Information

Company Name

新纪元期货股份有限公司

Abbreviation

NEW ERA

Regulatory Status

Regulated

Platform registered country and region

China

Company website
Phone of the company

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Company address
  • 徐州市鼓楼区民主北路2号黎明大厦1号楼8-9层

Linkedin

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WeChat

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Customer Service Email Address

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Company Summary

User Reviews

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Zelindra
more than one year
Hey, NEW ERA is fantastic! Their regulations are clear and concise, making it easy to navigate and understand. Plus, their services are top-notch and always deliver on their promises. I'd highly recommend them to anyone looking for a reliable and trustworthy organization.
2024-07-04 17:56
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0
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杨志成
more than one year
According to my Chinese friends, this futures company provides a very good service and many traders use it. Unfortunately, I found that it does not provide Chinese services. I think my current Chinese level is not enough to support me in financial transactions. I'm going to find some companies that provide English service.
2023-03-22 12:07
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0
0
Market
more than one year
NEW ERA's website is only available in Chinese, so I can't read it. Maybe their services are exclusively for the residents of their own country. Anyway, I'm going to find another company.
2023-03-01 17:28
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