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XIANRONG FUTURES

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

http://www.xrqh.com

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http://www.xrqh.com
重庆市渝中区邹容路邹容广场A座14楼

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XIANRONG FUTURES · Company Summary

Aspect Information
Registered Country China
Company Name XIANRION FUTURES
Regulation Regulated by the China Securities Regulatory Commission (CSRC) and the China Futures Association (CFA)
Minimum Deposit Varies based on account type
Maximum Leverage Varies based on account type and market conditions
Trading Platforms XIANRION PC Trader, XIANRION Mobile Trader, XIANRION Web Trader
Tradable Assets Commodity futures, financial futures, investment consulting services
Account Types Retail accounts and professional accounts
Customer Support 24/7 hotline, online chat, email, branch network (primarily in Chinese)
Payment Methods Bank transfers, online payment platforms, in-person deposits at branches
Educational Tools Online courses, live workshops, video tutorials, research reports, dedicated educational websites (primarily in Chinese)

Overview of XIANRONG FUTURES

XIANRION FUTURES, headquartered in China, stands as a prominent player in the futures trading landscape, distinguished by its commitment to regulatory standards and comprehensive service offerings. The company operates under the watchful regulatory oversight of the China Securities Regulatory Commission (CSRC) and the China Futures Association (CFA), ensuring adherence to fair and transparent trading practices within the Chinese futures market.

XIANRONGFUTURES

Prospective traders with XIANRION FUTURES encounter a flexible entry point, with the minimum deposit varying based on the chosen account type. The range of tradable assets spans commodity futures, financial futures, and specialized investment consulting services. XIANRION FUTURES caters to a diverse clientele through retail accounts, designed for individual investors, and professional accounts, tailored for those with higher asset levels and experience. Traders can engage with the markets using the versatile XIANRION PC Trader, XIANRION Mobile Trader, or the web-based XIANRION Web Trader, each offering distinct advantages tailored to different trading styles.

Customer support system is in place with a 24/7 hotline and email channels, supplemented by a branch network primarily serving Chinese speakers. Clients benefit from multiple payment methods, including bank transfers, online payment platforms, and the convenience of in-person deposits at branches.

Is XIANRONG FUTURES legit or a scam?

XIANRONG FUTURES operates within the regulatory framework established by the Chinese government, specifically under the oversight of the China Financial Futures Exchange under license number 0316.

 regulation

Pros and Cons

XIANRION FUTURES offers a comprehensive futures trading experience for Chinese investors. Its diverse range of instruments, reliable regulatory framework, and user-friendly platforms cater to both beginners and seasoned traders. However, some limitations exist, such as restricted access to international markets and language barriers in support and educational resources.

Pros Cons
  • Wide range of futures contracts, including commodities, financials, and investment consulting
  • Limited access to international markets
  • Well-established and reputable, operating under Chinese regulatory framework
  • Regulations may differ from other countries, potentially limiting flexibility
  • Retail and professional accounts to cater to different needs and experience levels
  • Higher margin requirements and minimum deposit for professional accounts
  • Competitive spreads and commission structures
  • Fees can vary depending on account type and contract
  • Robust PC and mobile platforms with advanced features
  • Web platform may have limited functionality compared to others
  • 24/7 hotline, online chat, email, and branch network
  • Support primarily available in Chinese
  • Extensive online courses, workshops, video library, research reports, and dedicated website
  • Resources may not be translated into other languages

Market Intruments

XIANRONG FUTURES is a leading Chinese futures brokerage firm that offers a wide range of market instruments to its clients. These instruments include:

  • Commodity futures: XIANRONG FUTURES offers trading in a variety of commodity futures contracts, including agricultural products, metals, energy, and livestock. These contracts can be used to hedge against price volatility, speculate on future price movements, or simply to diversify an investment portfolio.

  • Financial futures: XIANRONG FUTURES also offers trading in a variety of financial futures contracts, including interest rates, currencies, and stock indices. These contracts can be used to hedge against interest rate risk, currency risk, or equity market risk.

  • Futures investment consulting: XIANRONG FUTURES offers a range of futures investment consulting services to its clients. These services can help clients to develop a futures trading strategy, manage their risk, and improve their trading performance.

  • Asset management: XIANRONG FUTURES also offers asset management services to its clients. These services can help clients to achieve their investment goals by investing in a variety of assets, including futures contracts.

Account Types

XIANRONG FUTURES offers two types of accounts to its clients: retail accounts and professional accounts.

Retail accounts are designed for individual investors with less than 500 million RMB in assets under management. These accounts have lower margin requirements and position limits than professional accounts.

Professional accounts are designed for institutional investors or individual investors with more than 500 million RMB in assets under management. These accounts have higher margin requirements and position limits than retail accounts.

The following table summarizes the key differences between retail and professional accounts at XIANRONG FUTURES:

Acccount Features Retail Account Professional Account
Minimum opening deposit 10,000 RMB 500,000 RMB
Margin requirements Lower Higher
Position limits Lower Higher
Trading fees Higher Lower
Access to research and analysis Limited Unlimited
Access to trading tools and platforms Limited Unlimited

XIANRONG FUTURES' account types are designed to meet the needs of different types of investors. Retail accounts are a good option for individual investors who are new to futures trading or who have limited funds. Professional accounts are a good option for institutional investors or individual investors who have a high level of experience and expertise in futures trading.

Here are some additional details about each account type:

Retail accounts

  • Minimum opening deposit: 10,000 RMB

  • Margin requirements: Up to 50% of the contract value

  • Position limits: Up to 50 contracts per contract type

  • Trading fees: 0.01%-0.05% per contract

  • Access to research and analysis: Limited

  • Access to trading tools and platforms: Limited

Professional accounts

  • Minimum opening deposit: 500,000 RMB

  • Margin requirements: Up to 100% of the contract value

  • Position limits: Up to 1000 contracts per contract type

  • Trading fees: 0.005%-0.01% per contract

  • Access to research and analysis: Unlimited

  • Access to trading tools and platforms: Unlimited

Investors should carefully consider their individual needs and circumstances before choosing an account type.

How to open an account?

If you're interested in starting a futures trading journey with XIANRONG FUTURES, here's a breakdown of the account opening process:

  1. Eligibility:

  • You must be 18 years of age or older and meet the Chinese government's requirements for opening a futures trading account.

account
  1. Choose Your Account Type:

  • Decide if you want a retail account (lower initial deposit, lower margin requirements, limited access to research & tools) or a professional account (higher initial deposit, higher margin requirements, greater access to research & tools).

account
  1. Gather Documents:

  • Prepare your valid Chinese ID, proof of address, income documents (depending on account type), and a bank account details for transferring funds.

account
  1. Choose Your Opening Method:

  • XIANRONG FUTURES offers online and offline account opening options.

Online Opening:

  • Visit the XIANRONG FUTURES website and locate the account opening section.

  • Register and complete the online application form, providing all required information and uploading relevant documents.

  • Follow the prompts for online verification or video conference verification (if required).

  • Fund your account using the provided payment methods.

Offline Opening:

  • Visit a XIANRION FUTURES branch office and meet with a representative.

  • Provide the required documents and complete the paper application form.

  • Discuss your preferred trading strategy and account options with the representative.

  • Fund your account in the branch office or through bank transfer.

  1. Wait for Approval:

  • XIANRION FUTURES will review your application and supporting documents.

  • You will receive notification via email or phone call regarding the approval status.

  1. Start Trading:

  • Once your account is approved, you can access the XIANRION FUTURES trading platform using your login credentials.

  • Deposit funds and start exploring the available market instruments and trading tools.

Additional Tips:

  • Review XIANRION FUTURES' risk disclosure documents and understand the inherent risks of futures trading before opening an account.

  • Consider attending educational courses or seeking guidance from experienced professionals if you are new to futures trading.

  • Contact XIANRION FUTURES customer service for any questions or assistance with the account opening process.

Leverage

XIANRONG FUTURES, like most futures brokers in China, offers leverage to its clients, allowing them to control a larger position with a smaller initial investment. However, the specific leverage available depends on several factors, including:

Account type:

  • Retail accounts: Typically have lower leverage ratios, ranging from 2:1 to 5:1, meaning for every 1 RMB invested, you can control a position worth 2 RMB to 5 RMB.

  • Professional accounts: May offer higher leverage, up to 10:1 or even 20:1 in certain cases. This means higher potential returns but also amplified risks.

Contract type:

  • Different futures contracts have different margin requirements, which indirectly determine leverage. For example, a contract with a higher price volatility may require a higher margin, reducing the available leverage.

Market conditions:

  • Regulatory bodies may adjust margin requirements based on market volatility or other risk factors. This can temporarily decrease or increase the available leverage for all clients.

It's important to understand that leverage is a double-edged sword. While it can magnify profits, it can also amplify losses. XIANRONG FUTURES emphasizes responsible trading and encourages clients to choose leverage levels appropriate for their risk tolerance and experience. They provide various risk management tools and educational resources to help clients manage leverage effectively.

Here are some additional points to consider:

  • High leverage is not suitable for all investors. It's crucial to understand the risks and have a solid trading strategy before using it.

  • XIANRONG FUTURES has strict risk management measures in place. These include margin calls and position limits to help clients avoid excessive losses.

  • Always use stop-loss orders when trading with leverage to limit your potential downside.

Trading Fees

Commissions are fees charged by XIANRONG FUTURES for each trade executed on your behalf. The commission structure can vary depending on the account type (retail or professional), contract type, and trading volume. Typically, XIANRONG FUTURES charges a per-contract commission, though volume discounts may be available for active traders.

Trading Platform

XIANRION FUTURES equips its clients with a range of sophisticated trading platforms designed to cater to diverse needs and trading styles. These platforms empower you to analyze markets, execute trades, and manage your portfolio with efficiency and precision. Here's a closer look at XIANRION FUTURES' leading platforms:

  1. XIANRION PC Trader:

  • A robust and customizable desktop platform ideal for experienced traders.

  • Offers comprehensive market data, advanced charting tools, and real-time order execution.

  • Supports algorithmic trading and allows customization with indicators and plugins.

  1. XIANRION Mobile Trader:

  • A user-friendly mobile app for on-the-go trading and market monitoring.

  • Streamlined interface provides quick access to key functions like quotes, charts, and order placement.

  • Suitable for active traders who need to stay connected to the market even while away from their desktop.

  1. XIANRION Web Trader:

  • A browser-based platform offering convenient access to trading features from any device with an internet connection.

  • No software download required, making it ideal for traders who value flexibility and portability.

  • Provides essential functionalities like real-time quotes, technical analysis tools, and order management.

Trading-Platform

Deposit & Withdrawal

XIANRION FUTURES understands the importance of convenient and efficient fund transfers, offering various options for depositing and withdrawing funds from your trading account. Here's a breakdown of the process:

Deposits:

  • Multiple methods: Choose from bank transfers, online payment platforms (Alipay, WeChat Pay), or in-person deposits at XIANRION FUTURES branches.

  • Real-time or next-day processing: Depending on the chosen method, funds may be credited to your account instantly or within the next business day.

  • Minimum deposit: The minimum deposit amount varies based on the account type and chosen method. Generally, it ranges from 10,000 RMB for retail accounts to 500,000 RMB for professional accounts.

Withdrawals:

  • Simplified process: Initiate withdrawal requests through the XIANRION FUTURES online platform or mobile app.

  • Multiple currencies: Withdraw funds to your linked bank account in RMB or other supported currencies.

  • Processing times: Withdrawal requests are typically processed within 1-3 business days, depending on the chosen method and verification requirements.

  • Withdrawal fees: XIANRION FUTURES may charge minimal fees for withdrawals, depending on the chosen method and withdrawal amount.

Customer Support

XIANRION FUTURES understands that navigating the dynamic world of futures can be complex. To empower its clients with confidence and clarity, they offer a comprehensive and accessible customer support system designed to answer questions, address concerns, and guide you every step of the way.

Customer-Support

Here's how you can connect with XIANRION FUTURES' dedicated support team:

  • 24/7 Hotline: Reach a friendly and knowledgeable representative anytime, day or night, for immediate assistance with urgent issues or general inquiries.

  • Online Chat: Engage in real-time chat with customer support directly from the XIANRION FUTURES website or platform for prompt resolution of your queries.

  • Email Support: Submit detailed questions or concerns via email and receive thorough responses from the support team within a timely timeframe.

  • Branch Network: Visit any XIANRION FUTURES branch office across China for personalized guidance and support from experienced customer service personnel.

Beyond direct communication, XIANRION FUTURES offers additional resources to enhance your trading experience:

  • Extensive FAQ Library: Browse through a comprehensive collection of frequently asked questions and readily find answers to common concerns.

  • Educational Workshops and Webinars: Attend informational sessions and online seminars hosted by XIANRION FUTURES to gain valuable insights and hone your trading skills.

  • Market Research and Analysis: Access a wealth of research reports, market updates, and expert commentary to make informed trading decisions.

Customer-Support

Educational Resources

Understanding the intricacies of the futures market is crucial for informed decision-making and achieving success. XIANRION FUTURES recognizes this need and provides a comprehensive suite of educational resources to equip its clients with the knowledge and skills they need to navigate the market with confidence.

Here's a closer look at XIANRION FUTURES' diverse educational offerings:

  • Interactive Online Courses: XIANRION FUTURES offers a range of online courses covering various aspects of futures trading, from basic concepts and risk management to advanced trading strategies and market analysis techniques. These courses are designed to cater to different learning styles and experience levels, with beginner-friendly introductions and in-depth modules for seasoned traders.

  • Live Workshops and Seminars: Regularly hosted live workshops and seminars provide valuable opportunities to learn from industry experts, market analysts, and experienced traders. These interactive sessions offer insights on current market trends, trading strategies, and risk management techniques, while allowing for real-time Q&A and networking opportunities.

  • Extensive Video Library: XIANRION FUTURES' video library houses a vast collection of educational videos covering a wide range of topics. From short explainer videos on specific concepts to detailed tutorials on advanced strategies, this library provides a readily accessible resource for continuous learning and self-paced knowledge acquisition.

  • Market Research and Analysis Reports: XIANRION FUTURES' team of market analysts publishes regular research reports and analysis pieces, offering valuable insights into current market trends, economic indicators, and potential trading opportunities. These reports empower clients to make informed decisions based on comprehensive market data and expert analysis.

  • Dedicated Educational Website: XIANRION FUTURES maintains a dedicated educational website that serves as a central hub for all their educational resources. Users can access online courses, browse the video library, download research reports, and stay updated on upcoming workshops and seminars.

Educational-Resources

Conclusion

XIANRION FUTURES stands as a reputable and well-established player in the Chinese futures market. Its diverse range of instruments, encompassing commodities, financials, and investment consulting, caters to a broad spectrum of traders, from seasoned veterans to those taking their first steps. The platform's user-friendly interface, coupled with its robust PC and mobile platforms, provides a convenient and accessible trading experience. Additionally, XIANRION FUTURES' commitment to client education through online courses, workshops, and research reports empowers traders to make informed decisions and navigate the market with confidence.

However, XIANRION FUTURES is not without limitations. Its focus on the Chinese market restricts access to international instruments and exchanges, potentially limiting opportunities for diversification. Additionally, language barriers in customer support and educational resources may pose challenges for non-Chinese speakers.

Therefore, the decision of whether XIANRION FUTURES is the right fit ultimately rests on individual needs and priorities. For Chinese investors seeking a comprehensive and reliable platform within the domestic market, XIANRION FUTURES offers a compelling option. However, those seeking international exposure or multilingual support may need to explore alternative brokers.

FAQs

Q: What types of futures contracts does XIANRION FUTURES offer?

A: XIANRION FUTURES offers a wide range of futures contracts, including commodities like corn, soybeans, and metals, financial instruments like interest rates and stock indices, and even investment consulting services.

Q: Is XIANRION FUTURES regulated?

A: Yes, XIANRION FUTURES is a well-established brokerage firm operating under the regulatory framework of the China Securities Regulatory Commission (CSRC) and the China Futures Association (CFA). This ensures fair and transparent trading practices within the Chinese futures market.

Q: What are the different account types available?

A: XIANRION FUTURES offers two main account types: retail accounts for individual investors with less than 500 million RMB in assets and professional accounts for more experienced investors with higher asset levels. Each type has different margin requirements and access to tools and research.

Q: What trading platforms does XIANRION FUTURES offer?

A: XIANRION FUTURES provides three main platforms: a robust PC trader for experienced users, a convenient mobile app for on-the-go trading, and a web-based platform for accessible trading from any device. Each platform offers features like market data, charting tools, and order execution, with varying levels of functionality.

Q: What kind of customer support does XIANRION FUTURES offer?

A: XIANRION FUTURES provides 24/7 customer support through hotline, online chat, email, and a nationwide branch network. However, support is primarily available in Chinese.

Q: Does XIANRION FUTURES offer educational resources?

A: Yes, XIANRION FUTURES is committed to client education and offers a variety of resources, including online courses, live workshops, video tutorials, research reports, and a dedicated educational website. However, most resources are currently only available in Chinese.

Q: Can I trade international markets with XIANRION FUTURES?

A: XIANRION FUTURES primarily focuses on the Chinese futures market and may have limited access to international contracts and exchanges. If international exposure is a priority, you may need to consider alternative brokers.

Broker Information

Company Name

中电投先融期货股份有限公司

Company Abbreviation

XIANRONG FUTURES

Regulatory Status

Regulated

Platform registered country and region

China

Company website
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  • 重庆市渝中区邹容路邹容广场A座14楼

  • 重庆市江北区江北城聚贤岩9号国华金融中心A塔23F

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Company Summary

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Krick Say
more than one year
Scam platform! No withdrawals! The moment you mention reporting, they immediately block you without any response!
2024-01-01 23:08
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