Overview of GOLDTRUST FUTURES
GOLDTRUST FUTURES is a regulated financial institution in China, operating under the Futures License issued by the China Financial Futures Exchange. The company, known as 金信期货有限公司, has been in operation for 2-5 years. It offers a diverse range of market instruments, including commodities like metals and precious metals, stock index futures and options, agricultural products, non-agricultural commodities, and crude oil-related products. GOLDTRUST FUTURES provides various trading platforms, including PC software, mobile apps, and algorithmic trading platforms. The company offers one type of account with a minimum deposit requirement of 10,000 yuan. They also provide customer support through a hotline, email address, WeChat account, and a mobile app. Educational tools, such as daily macroeconomic research reports and guides on futures trading, are available to investors. However, specific details about leverage, pros, and cons, as well as frequently asked questions, were not included in the provided information.
Pros and Cons
Goldtrust Futures offers several advantages and disadvantages for investors. On the positive side, it is regulated by the China Financial Futures Exchange. The platform offers a wide range of market instruments, including commodities, stock index futures, agricultural and non-agricultural products, and crude oil. Moreover, Goldtrust Futures provides multiple trading platforms for both desktop and mobile users. Additionally, they offer daily macroeconomic research reports to keep investors informed.
However, there are some drawbacks to consider. Goldtrust Futures only offers one type of account, limiting account type options for customers. The absence of information about leverage may also be a concern for some traders. Furthermore, the availability of algorithmic trading platforms is limited. While specific numbers for spreads and commissions are provided, the platform requires a minimum deposit of 10,000 yuan to open an account. Moreover, deposit and withdrawal periods are time-restricted, potentially inconveniencing clients. Information on educational tools is also limited, and there are fewer details available about the customer support provided.
Is GOLDTRUST FUTURES Legit？
GOLDTRUST FUTURES is regulated by the China Financial Futures Exchange under the Futures License, with a license number of 0227. The licensed institution responsible for GOLDTRUST FUTURES is 金信期货有限公司. The regulatory status is currently marked as “Regulated,” indicating that it operates within the framework set by the regulatory authorities in China. For more specific information such as the effective date, website, email address, and contact details of the licensed institution, it is advised to refer directly to the certified documents provided by Annex1.
Market Instruments
1. COMMODITIES: GOLDTRUST FUTURES offers a range of commodities, including metals like copper (BC), aluminum, zinc, lead, nickel, tin, and aluminum oxide. Precious metals like gold and silver are also available, along with steel products such as rebar and wire, as well as hot-rolled coil and stainless steel.
2. STOCK INDEX FUTURES AND OPTIONS: GOLDTRUST FUTURES provides various stock index futures and options, including the Shanghai and Shenzhen 300 Stock Index Futures, the CSI 500 Stock Index Futures, the CSI 1000 Stock Index Futures, and the Shanghai 50 Stock Index Futures. Additionally, options are available for the Shanghai and Shenzhen 300 Stock Index, CSI 1000 Stock Index, and Shanghai 50 Stock Index.
3. AGRICULTURAL PRODUCTS: GOLDTRUST FUTURES covers a range of agricultural products, including sugar, cotton, wheat (both common and strong), early rice, late rice, japonica rice, rapeseed meal, rapeseed, rapeseed oil, cotton yarn, apples, jujubes, and peanuts.
4. NON-AGRICULTURAL COMMODITIES: GOLDTRUST FUTURES also offers non-agricultural commodities such as thermal coal, PTA (Purified Terephthalic Acid), methanol, glass, ferrosilicon, ferromanganese, urea, soda ash, and short fibers.
5. CRUDE OIL AND RELATED PRODUCTS: GOLDTRUST FUTURES includes crude oil, low sulfur fuel oil, and rubber (20号胶) among its market instruments. Additionally, copper (BC) is also available for trading. Moreover, it provides ISIN codes and index-related products.
Pros and Cons
Account Types
GOLDTRUST FUTURES offers only one type of account to its customers, without any variations or additional account types.
How to Open an Account？
To open an account with GOLDTRUST FUTURES, follow these steps:
Click on the “Open Account ” button on the website.
Fill in your desired account number and email address in the corresponding fields.
Set a password for your account, which must be at least eight characters long and include two of the following: numbers, uppercase letters, lowercase letters, and special characters.
Confirm your password by re-entering it in the designated field.
Enter the verification code in the provided space.
Click on the “注册” (Register) button to complete the account registration process.
Spreads & Commissions
GOLDTRUST FUTURES offers spreads and commissions for various futures and options contracts. For Shanghai Futures Exchange (SHFE), the commissions for intraday and same-day closing trades on SN2308 and SN2309 tin futures are 21 CNY per contract. The commission for pure alkali futures (2309 and 2401) on Zhengzhou Commodity Exchange (CZCE) is 7 CNY per contract for both regular and intraday closing trades. For gold futures (AU) on the Shanghai International Energy Exchange (INE), the commission is 60 CNY per contract for both opening and intraday closing trades, with a 120 CNY delivery/exercise fee. Different commodities and their corresponding commissions are listed for Dalian Commodity Exchange (DCE) and Zhengzhou Commodity Exchange (CZCE). Additionally, there are commissions for options contracts, and different exchanges have varying fee structures for specific options products.
Minimum Deposit
The minimum deposit required to open an account with GOLDTRUST FUTURES is 10,000 yuan.
Deposit & Withdrawal
GOLDTRUST FUTURES allows deposits and withdrawals within specific time frames. Deposits are accepted on weekdays from 8:30 to 16:00 and 20:30 to 2:30 (for night trading). Withdrawals can be made on weekdays from 9:05 to 16:00. The daily withdrawal limit is 80% of the account balance, with up to 5 withdrawal transactions permitted. Each withdrawal should not exceed 2 million yuan, and the same-day cumulative withdrawal limit is also set at 2 million yuan, with a minimum balance of 10 yuan. To make additional withdrawals or exceed these limits, customers must schedule a phone appointment. GOLDTRUST FUTURES supports multiple banks for transfers, allowing customers to choose the desired bank for their transactions. Manual deposits and withdrawals can be conducted during specific trading hours by informing the company in advance.
Trading Platforms
PC Trading Software: Examples include “GOLDTRUST FUTURES - Boyi Cloud Trading Version 5.5.83.0,” “Wenhua Finance wh6 Winsun Cloud Trading Software V6.8.491,” and “Jixing 9.5.” These platforms are designed for desktop users running Windows and provide trading functionalities.
Mobile Apps: Platforms like “GOLDTRUST FUTURES优财期APP” and “Yixing APP” cater to traders who prefer to conduct their activities on mobile devices. They support both Android and iOS operating systems.
Algorithmic Trading Platforms: No specific examples are provided, but these platforms likely enable traders to execute automated trading strategies based on pre-defined algorithms.
Simulation and Mock Trading Software: Examples include “GOLDTRUST FUTURES易经金仿真V2.7.0.862” and “GOLDTRUST FUTURES - Boyi Cloud Simulation Version 5.5.78.1.” Traders can use these platforms to practice and test their strategies without real money.
Other Software: The list includes software like “GOLDTRUST FUTURES金仕达仿真快枪手版,” “GOLDTRUST FUTURES金仕达点金手交易,” and “Trading Pioneer Flagship Version,” among others. These platforms likely offer various features and may cater to specific trading needs.
Educational Tools
GOLDTRUST FUTURES offers a variety of educational tools to investors. They provide daily macroeconomic research reports covering financial futures, black building materials, metal sectors, energy, chemical agriculture, and more.
Additionally, investors can access educational activities, beginner guides to futures trading, and compliance-focused columns. The platform also offers informative articles on legal regulations, administrative laws, self-discipline rules, and anti-money laundering laws, ensuring investors have access to essential information to make informed decisions. Furthermore, they offer in-depth introductions to various futures products such as eggs, providing valuable insights for investors.
Customer Support
GOLDTRUST FUTURES offers customer support through their hotline at 400-0988-278, and they provide additional extension numbers for specific queries. For complaints, customers can reach them through the email address kefu@jinxinqh.com. They also have an official WeChat account and a mobile app called 金信优财期(APP) for further assistance.
Conclusion
GOLDTRUST FUTURES, a regulated entity under the China Financial Futures Exchange, offers a variety of market instruments including commodities, stock index futures, agricultural products, non-agricultural commodities, and crude oil-related products. The platform provides low spreads and commissions for futures and options contracts, with a minimum deposit requirement of 10,000 yuan. Clients can access multiple trading platforms, including PC software, mobile apps, and algorithmic trading platforms. The company also offers educational tools such as daily macroeconomic research reports and beginner guides to futures trading. For customer support, GOLDTRUST FUTURES provides a hotline, email address, official WeChat account, and a mobile app. However, there is no information available about leverage or different account types, and further research is recommended to gain a comprehensive understanding of the platform's services and features.
FAQs
Q: Is GOLDTRUST FUTURES a legitimate company？
A: Yes, GOLDTRUST FUTURES is a legitimate company regulated by the China Financial Futures Exchange under the Futures License with a license number of 0227.
Q: What market instruments does GOLDTRUST FUTURES offer？
A: GOLDTRUST FUTURES offers a wide range of market instruments, including commodities, stock index futures and options, agricultural products, non-agricultural commodities, and crude oil and related products.
Q: What type of account does GOLDTRUST FUTURES offer？
A: GOLDTRUST FUTURES offers only one type of account to its customers.
Q: What is the minimum deposit required to open an account with GOLDTRUST FUTURES？
A: The minimum deposit required to open an account with GOLDTRUST FUTURES is 10,000 yuan.
Q: What are the trading platforms provided by GOLDTRUST FUTURES？
A: GOLDTRUST FUTURES offers PC trading software, mobile apps for Android and iOS, algorithmic trading platforms, simulation and mock trading software, and other software options.
Q: What educational tools does GOLDTRUST FUTURES offer？
A: GOLDTRUST FUTURES provides daily macroeconomic research reports, educational activities, beginner guides to futures trading, compliance-focused columns, and informative articles on legal regulations.
Q: How can I contact customer support at GOLDTRUST FUTURES？
A: You can contact customer support at GOLDTRUST FUTURES through their hotline at 400-0988-278 or via email at kefu@jinxinqh.com. They also have an official WeChat account and a mobile app for further assistance.
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