Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

DATONG FUTURES

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

http://www.dtqh.com.cn/

Website

Rating Index

Contact

dtqh@dtqh.com.cn
http://www.dtqh.com.cn/
中国·哈尔滨市南岗区西大直街118号01号楼6层

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

WikiFX Verification

Users who viewed DATONG FUTURES also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FXGT.com

7.62
Score
2-5 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

MultiBank Group

8.59
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

Exness

8.37
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

DATONG FUTURES · Company Summary

Aspect Information
Registered Country China
Company Name Datong Futures Brokerage Co., Ltd.
Regulation China Financial Futures Exchange (CFFEX)
Services Brokerage services for futures and commodities
Deposit & Withdrawal Bank
Customer Support Phone: 0451-86238177

Overview

Datong Futures Brokerage Co., Ltd., headquartered in China, operates under the regulation of the China Financial Futures Exchange (CFFEX), ensuring adherence to standards for transparency, fairness, and stability in trading. The company offers a diverse range of trading products across various exchanges, catering to the varied needs of traders and investors. With straightforward deposit and withdrawal procedures, including provisions for emergency deposits and daily transfer limits, Datong Futures facilitates smooth transactions. Moreover, the company provides robust customer support through multiple contact channels, including a dedicated hotline for general inquiries and specific hotlines for order placement and market inquiry, ensuring that clients receive prompt and comprehensive assistance.

Overview

Regulation

DATONG FUTURES operates under the regulation of the China Financial Futures Exchange (CFFEX), ensuring compliance with the standards and guidelines set forth by the regulatory authority. This oversight by CFFEX helps maintain transparency, fairness, and stability within the futures trading market facilitated by DATONG FUTURES.

Regulation

Pros and Cons

Datong Futures Brokerage Co., Ltd. offers several advantages and disadvantages for futures traders. On the positive side, the company provides a wide array of trading products across various exchanges, catering to the diverse needs of traders and investors. Additionally, their deposit and withdrawal procedures are relatively straightforward, with provisions for emergency deposits and multiple contact channels for customer support. However, there are limitations, such as daily transfer limits for withdrawals and restrictions on withdrawal during continuous trading periods. Despite these drawbacks, Datong Futures strives to maintain transparency, fairness, and stability in the futures trading market.

Pros Cons
  • Offers diverse range of trading products
  • Daily transfer limits for withdrawals
  • Straightforward deposit and withdrawal procedures
  • Restrictions on withdrawal during continuous trading periods
  • Multiple contact channels for customer support
  • Commitment to transparency, fairness, and market stability

Trading Products

DATONG FUTURES provides trading opportunities across various exchanges, offering a wide array of products:

Exchange Trading Products
Shanghai Futures Exchange Rubber, Fuel oil, Zinc, Aluminum, Rebar, Wire, Gold, Copper, Lead, Silver, Asphalt, Hot rolled coil, Nickel, Tin
Dalian Commodity Exchange Palm oil, Soybean meal, Soybean No. 1, Soybean oil, Coke, Polyvinyl chloride, Yellow corn, Yellow Soybean No. 2, Plastic, Egg, Plywood, Fibreboard, Coking coal, Iron Ore, Polypropylene, Starch
Zhengzhou Commodity Exchange Rapeseed oil, White sugar, Cotton, Rapeseed meal, Early Indica Rice, Strong wheat, Hard wheat, PTA, Methanol, Rapeseed, Glass, Thermal Coal, Japonica rice, Late Indica, Ferosilicon, Manganese Silicon
China Financial Futures Exchange CSI 300 Index, 5-Year Treasury Bond Futures, 10-Year Treasury Bond, Shanghai 50 Index, CSI 500 Index

These offerings encompass a diverse range of commodities and financial instruments, catering to the varied needs and preferences of traders and investors.

Trading Products

Deposit & Withdrawal

Deposit and withdrawal procedures for futures trading with Datong Futures Brokerage Co., Ltd. involve cooperation with several banks, including China Construction Bank, Agricultural Bank of China, and Pudong Development Bank. Customers are required to adhere to specific regulations outlined by the brokerage:

Deposit Procedure:

  1. Customers can open bank-futures transfer business either at Datong Futures or designated bank outlets by providing necessary documents such as valid IDs, bank cards, and authorization letters for institutional customers.

  2. Deposits can be made through real-time fund transfers using online self-service terminals or other methods.

  3. There is a daily transfer limit of 500,000 yuan per day, with a maximum of two withdrawals per day. Each withdrawal cannot exceed 70% of available funds, up to a maximum of 250,000 yuan per transaction. Special appointments are necessary for withdrawals exceeding 500,000 yuan.

  4. Deposit time is from 08:30 to 16:00 and 20:30 to 02:30 on trading days, excluding continuous trading periods. Emergency deposits can be arranged outside of these hours through coordination with the settlement department.

Withdrawal Procedure:

  1. Withdrawals are permitted during specific time frames from 09:05 to 15:00 on trading days.

  2. The company does not handle withdrawals during continuous trading periods.

  3. Customers are advised to contact the settlement department for any special circumstances requiring emergency deposits.

Inquiry:

Customers can inquire about the balance of savings and futures accounts through both the banking system and the company's trading system.

These procedures ensure smooth and secure transactions for futures trading, with provisions in place to accommodate various customer needs and ensure compliance with regulatory requirements.

How to download software and Apps

You can visit the website https://www.dtqh.com.cn/kfzx-xzzq.php to access and download relevant software and applications provided by Datong Futures Brokerage Co., Ltd. These tools are designed to enhance the trading experience for users, offering convenient access to trading platforms, analytical tools, and other resources necessary for informed decision-making in futures trading. Whether you're a novice or experienced trader, these software and apps cater to various needs and preferences, providing a seamless interface for managing your investments and staying updated on market trends. Take advantage of these resources to optimize your trading strategies and stay ahead in the dynamic world of futures trading.

How to download software and Apps

Customer Support

Customer support at Datong Futures Brokerage Co., Ltd. is comprehensive and easily accessible. They provide multiple channels for assistance:

  1. Customer Service Hotline: You can reach their customer service center at 0451-86238177. This hotline is available for general inquiries and assistance.

  2. Order Placement Hotline: For placing orders, you can contact their order hotline at 0451-86232422, 0451-86234611, or 0451-86230458. These numbers are dedicated to facilitating order placements swiftly and accurately.

  3. Market Inquiry: If you require market information or have inquiries related to market trends, you can contact the market inquiry department at 0451-86237611.

  4. Shanghai Branch: If you're located in Shanghai or have specific inquiries related to their Shanghai operations, you can reach their Shanghai branch at 021-58821601.

These various contact points ensure that customers can easily access the support they need, whether it's for general inquiries, order placements, market information, or specific branch-related queries. This setup reflects a commitment to providing prompt and comprehensive assistance to their clients.

Customer Support

Conclusion

In conclusion, Datong Futures Brokerage Co., Ltd. offers a robust platform for futures trading, supported by comprehensive regulatory oversight, a diverse range of trading products, and convenient deposit and withdrawal procedures. With a commitment to customer support and the provision of user-friendly software and apps, they strive to facilitate informed decision-making and optimize the trading experience for both novice and experienced investors. Through adherence to regulatory requirements and a dedication to customer satisfaction, Datong Futures ensures transparency, fairness, and stability in the futures trading market.

FAQs

Q1: How can I open a bank-futures transfer business with Datong Futures?

A1: To open a bank-futures transfer business, you need to provide necessary documents such as valid IDs, bank cards, and authorization letters if you're an institutional customer.

Q2: What is the daily transfer limit for withdrawals?

A2: The daily transfer limit for withdrawals is 500,000 yuan, with a maximum of two withdrawals per day. Each withdrawal cannot exceed 70% of available funds, up to a maximum of 250,000 yuan per transaction.

Q3: Can I make deposits outside of regular trading hours?

A3: Yes, emergency deposits can be arranged outside of regular trading hours by contacting the settlement department for assistance.

Q4: How can I inquire about the balance of my savings and futures accounts?

A4: You can inquire about the balance of your accounts through both the banking system and Datong Futures' trading system.

Q5: What are the contact details for customer support?

A5: You can reach Datong Futures' customer service center at 0451-86238177 for general inquiries. For order placements, call 0451-86232422, 0451-86234611, or 0451-86230458. For market inquiries, dial 0451-86237611, and for Shanghai branch-related queries, contact 021-58821601.

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

大通期货经纪有限公司

Company Abbreviation

DATONG FUTURES

Regulatory Status

Regulated

Platform registered country and region

China

Company website
Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • 中国·哈尔滨市南岗区西大直街118号01号楼6层

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • dtqh@dtqh.com.cn

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

2

Comments

Write a review

CVB
more than one year
DATONG FUTURES is a bit restrictive when it comes to order execution. Market orders have no scope, and there's a limitation on limit buy orders – they can't be higher than the current market price, only lower. If you intend to go above the market price, you're required to use a buy stop order, which will be executed at the prevailing market price. This adds an extra layer of complexity to trading on the platform.
2024-01-18 18:55
Reply
0
0
wefehjk
more than one year
DATONG FUTURES is an okay choice for forex trading. The platform is functional, but not the most user-friendly. Execution speed is decent, but occasional lags can be frustrating. Customer support is hit or miss; sometimes they're responsive, other times not so much. The range of available instruments is satisfactory, but there are better options out there. Account funding and withdrawals can be a hassle, with lengthy processing times.
2023-12-28 12:00
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com