Score
China
|
5-10 years
| https://www.founderfu.com/en/
Website
Rating Index
Influence
C
Influence index NO.1
United States 3.13
LicensesLicensed Entity：方正中期期货有限公司
License No. 0167
China
WikiResearch
founderfu.com China| FOUNDER CIFCO FUTURESReview Summary | |
| Founded | 2007-11-28 |
| Registered Country/Region | China |
| Regulation | Regulated |
| Market Instruments | Agricultural products, commodities, futures, and options |
| Simulation | ✅ |
| Trading Platform | Quick Period V2 and V3, Boyi Cloud, Wenhua WH6, etc. |
| Customer Support | Phone: 010-85881183 |
| Fax: 010-85881338 | |
| 400-880-2277 | |
| 95571 (4) | |
Founder CIFCO Futures, briefly referred to as Founder CIFCO Futures, provides comprehensive services including futures trading, asset management, and wealth management. Founder CIFCO Futures offers a rich variety of trading tools, covering commodities, financial futures, options, and so on. Many trading platforms, such as Quick Period V2 and V3, based on CTP, can meet the needs of different traders.
| Pros | Cons |
| Regulated | Complex fee structure |
| Various trading instruments | High-risk nature of trading (futures trading) |
| Various trading platforms (CTP-based Quick Period V2 and V3 platforms) |
Yes, Founder CIFCO Futures is a legitimate futures trading company. It is regulated by the China Financial Futures Exchange, and its license number is 0167.
At Founder CIFCO Futures, investors can trade a variety of financial instruments. This includes commodities such as metals (e.g., gold, silver), energy products (e.g., crude oil), and agricultural products (e.g., wheat, soybeans). It also offers financial futures, such as stock index futures and interest rate futures. In addition, it provides options trading.
| Tradable Instruments | Supported |
| Agricultural products | ✔ |
| Commodities | ✔ |
| Futures | ✔ |
| Options | ✔ |
The fee structure of Founder CIFCO Futures varies according to the trading products. For example, in terms of stock options, the trading fee for ETFs on the Shanghai and Shenzhen Stock Exchanges is charged at 0.03% of the transaction amount. If the transaction amount is lower, the minimum fee is 5 yuan. The trading fee for ETF options is 10 yuan per contract.
Founder CIFCO Futures provides a variety of trading platforms. Platforms based on CTP, such as Quick Period V2 and V3, are very popular among traders. Quick Period V2 offers different order placement methods for different types of traders, and it has functions such as custom arbitrage, position rolling, and large order splitting. Quick Period V3 supports multi-window and multi-screen settings and provides advanced order placement methods.
Other platforms, such as Boyi Cloud, support real-time commodity option trading and provide market analysis tools. Wenhua WH6, on the other hand, has functions such as three-key order placement and draw-line order placement.
There is no limit on the deposit amount for FOUNDER CIFCO FUTURES. Traders can deposit funds into their accounts through various methods, such as bank transfers.
The daily cumulative withdrawal limit for silver futures transfer is 5 million yuan. The maximum amount per transaction is 5 million yuan, and the maximum number of withdrawals per day is 5 times. The withdrawal time is from 9:05 to 15:30 on trading days.
Founder CIFCO Futures has a variable fee structure depending on the instruments being traded. For example, the ETF trading fee on the Shanghai and Shenzhen Stock Exchanges is 0.03% of the transaction amount, with a minimum fee of 5 yuan. For ETF options, the fee is 10 yuan per contract. This means that the cost of trading ETFs could be more affordable for small transactions, but larger trades could lead to higher fees. For me, it’s essential to factor these costs into my trading strategy to ensure my trades remain profitable.
Founder CIFCO Futures charges commissions based on the transaction value. For ETFs, the commission is 0.03% of the transaction amount, but there is a minimum fee of 5 yuan for smaller trades. For ETF options, the commission is a fixed 10 yuan per contract. This is useful information for me because it allows me to calculate my costs upfront. The fixed nature of the option commission is particularly useful, as I can estimate my trading costs more accurately. However, I need to be aware of how these fees will impact my overall trading expenses.
The details on deposit and withdrawal fees are not provided in the available information. Given that many brokers charge fees for deposits or withdrawals, especially for large amounts or international transfers, I would need to confirm this with customer service. Knowing whether there are any deposit or withdrawal fees is important for me as it will help me understand the total cost of trading on the platform and avoid any surprises when withdrawing funds.
One of the key pros of trading with Founder CIFCO Futures is its regulated status, which provides me with a sense of security about the platform’s compliance with industry standards. Additionally, the platform offers a wide range of tradable instruments, including commodities, futures, and options. I also appreciate the variety of trading platforms such as Quick Period V2 and V3. On the downside, the complex fee structure might be a hurdle for me, as understanding the costs associated with my trades could be more complicated. Moreover, futures trading itself is risky and may not be suitable for all investors.
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