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CHINA DRAGON

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

http://www.hlqhgs.com/main/index/index.shtml

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hlqh@hlqhgs.com
http://www.hlqhgs.com/main/index/index.shtml
甘肃省兰州市城关区静宁路308号4楼

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CHINA DRAGON · Company Summary

CHINA DRAGON Basic Information
Company Name CHINA DRAGON
Founded 1992
Headquarters China
Regulations Regulated by the China Financial Futures Exchange under a futures license issued by China, with license number 0279
Products and Services Diverse range of futures trading products, including agricultural, energy, metal, and financial products, traded on various exchanges
Deposit Methods Requires a designated futures settlement bank account with major Chinese banks for deposits and withdrawals
Fees Fee structure includes trading fees, maintenance fees, and other charges, which can vary depending on the specific product and exchange traded
Customer Support Available via phone at 4000-345-200 or 0931-8894644, fax at 0931-8894198, and email at hlqh@hlqhgs.com
Education Resources Offers educational resources on futures trading, including basic knowledge, trading rules, laws and regulations, financial consumer protection, and more

Overview of CHINA DRAGON

CHINA DRAGON, established in 1992 and based in China, is a regulated futures trading company licensed by the China Financial Futures Exchange. It offers a diverse range of futures trading products, including agricultural, energy, metal, and financial products, traded on various exchanges. The company provides comprehensive educational resources on futures trading, covering basic knowledge, trading rules, laws and regulations, financial consumer protection, and more. CHINA DRAGON prioritizes customer support, offering assistance via phone, fax, and email. Despite its strengths, such as its regulatory compliance and educational resources, traders should be aware of the risks involved in futures trading and conduct thorough research before engaging with CHINA DRAGON.

Overview of CHINA DRAGON

Is CHINA DRAGON Legit?

CHINA DRAGON is regulated by the China Financial Futures Exchange under a futures license issued by China, with license number 0279.

Is CHINA DRAGON Legit?

Pros and Cons

CHINA DRAGON, as a regulated futures trading company, offers several advantages such as access to a diverse range of futures products, regulatory oversight by the China Financial Futures Exchange, and comprehensive educational resources. However, it also has some drawbacks, including the need for a designated futures settlement bank account for deposits and withdrawals, and the complexity of the account opening process. It's important for traders to weigh these pros and cons carefully before choosing to trade with CHINA DRAGON.

Pros Cons
  • Regulated by the China Financial Futures Exchange
  • Requires a designated futures settlement bank account for deposits and withdrawals
  • Offers a diverse range of futures products
  • Account opening process can be complex
  • Provides comprehensive educational resources

Products and Services

CHINA DRAGON offers a diverse range of futures trading products, including agricultural, energy, metal, and financial products, traded on various exchanges. Margin requirements vary based on the exchange and contract specifics.

Products and Services

How to Open an Account

To open an account on CHINA DRAGON:

  1. Visit the website and click on “Self-service account opening” to enter the “Self-service account opening” page.

How to Open an Account
  1. Verify your account using your mobile phone number.

How to Open an Account

3. Register your account by uploading image materials (front and back of your ID card, and a handwritten signature photo).

4. Provide account information, including basic details, settlement bank selection, suitability survey, exchange selection, and agreement reading.

5. Complete video authentication.

6. Install digital certificate.

7. Sign the agreement online.

8. Complete a follow-up questionnaire.

9. Submit your application.

Deposit & Withdrawal

To deposit or withdraw funds with CHINA DRAGON, you need to have a designated futures settlement bank account with major Chinese banks. The deposit process includes bank transfers or in-person transactions at bank branches. Withdrawals can also be done through bank transfers or in-person requests. It's important to note the daily withdrawal limit and the need for prior appointment for withdrawals exceeding 500,000 RMB. Also, when using the QuickTrade system, you must contact the settlement department to synchronize funds and enable withdrawals.

Deposit & Withdrawal

Fees

CHINA DRAGON's fee structure for futures trading includes various components such as trading fees, maintenance fees, and other charges. These fees can vary depending on the specific product and exchange traded.

Fees

Customer Support

CHINA DRAGON's customer support can be reached via phone at 4000-345-200 or 0931-8894644, fax at 0931-8894198, and email at hlqh@hlqhgs.com.

Customer Support

Educational Resources

CHINA DRAGON's educational resources include basic knowledge of futures, trading rules of futures exchanges, laws and regulations, financial consumer protection, anti-money laundering, investor protection, prevention of non-compliance advertising, suitability management, financial standardization publicity, and constitutional publicity.

Educational Resources

Conclusion

In conclusion, CHINA DRAGON offers a regulated environment for futures trading, providing access to a diverse range of products and comprehensive educational resources. However, it has some drawbacks, including the complexity of the account opening process and the requirement for a designated settlement bank account. Traders should carefully consider these factors when deciding whether to trade with CHINA DRAGON.

FAQs

Q: Is CHINA DRAGON a regulated futures trading company?

A: Yes, CHINA DRAGON is regulated by the China Financial Futures Exchange under a futures license issued by China.

Q: What products can I trade with CHINA DRAGON?

A: CHINA DRAGON offers a diverse range of futures trading products, including agricultural, energy, metal, and financial products.

Q: How can I open an account with CHINA DRAGON?

A: To open an account with CHINA DRAGON, you can visit their website and follow the self-service account opening process, which includes verifying your account using your mobile phone number and uploading necessary documents.

Q: What are the fees for trading with CHINA DRAGON?

A: CHINA DRAGON's fee structure for futures trading includes various components such as trading fees, maintenance fees, and other charges, which can vary depending on the specific product and exchange traded.

Q: How can I contact customer support at CHINA DRAGON?

A: You can contact CHINA DRAGON's customer support via phone at 4000-345-200 or 0931-8894644, fax at 0931-8894198, or email at hlqh@hlqhgs.com.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

华龙期货股份有限公司

Company Abbreviation

CHINA DRAGON

Regulatory Status

Regulated

Platform registered country and region

China

Phone of the company

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Company address
  • 甘肃省兰州市城关区静宁路308号4楼

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Customer Service Email Address
  • hlqh@hlqhgs.com

Company Summary

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FX1597187451
more than one year
CHINA DRAGON broker turned out to be a total letdown. They happily take your money but make it nearly impossible to get it back. Trying to withdraw feels like hitting a brick wall – full of obstacles and frustrations. I'd strongly caution against dealing with them. Save yourself the hassle and find a broker that actually cares about its users.
2024-01-11 21:06
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