WikiFX

Reply

In my personal experience and based on the information available, China-Derivatives Futures is indeed subject to regulation, specifically under the supervision of the China Financial Futures Exchange (CFFEX). The company operates with a recognized futures license (license number 0197) and is also approved by the China Securities Regulatory Commission (CSRC), which suggests that it adheres to established legal and financial frameworks within China. For me, as a trader accustomed to prioritizing regulatory clarity, this status provides a certain degree of reassurance about the broker’s operational legitimacy within its domestic market. However, it is worth noting that the scope of their business has attracted some mention of being "suspicious," and reports indicate that their services are oriented exclusively toward clients in China. While their regulatory standing under CFFEX and approval from the CSRC are positive signs, I remain cautious; international traders may find the regulatory environment less transparent than that provided by some global regulators. For me, whenever considering a broker, especially in markets with evolving oversight standards, it’s critical to verify licensure details directly through the official regulatory entities and understand regional limitations. In summary, China-Derivatives Futures is regulated within China by CFFEX, with additional oversight from the CSRC, but I would approach any business with them conservatively, especially from outside China.