Score
China
|
5-10 years
| https://www.eastmoneyfutures.com
Website
Rating Index
Influence
C
Influence index NO.1
China 4.92
LicensesLicensed Entity：上海东方财富期货有限公司
License No. 0107
China
WikiResearch eastmoneyfutures.com China
VIP is not activated.| Eastmoney Futures Review Summary | |
| Founded | 2017-06-06 |
| Registered Country/Region | China |
| Regulation | Regulated |
| Market Instruments | Futures |
| Demo Account | ✅ |
| Trading Platform | Eastmoney Futures PC terminal, Eastmoney Futures Treasure APP |
| Min Deposit | No capital threshold |
| Customer Support | Tel. 400-980-1818 |
| Fax: 021-60277008 | |
| Email: eastmoneyfutures@eastmoneyfutures.com | |
As a futures trading platform under Eastmoney, Eastmoney Futures holds legitimate business qualifications, is strictly regulated, and ensures reliable security. The platform offers a rich variety of trading products, including commodity futures and financial futures, covering popular contracts of six major futures exchanges. The account opening process is convenient, and there is no capital threshold set, enabling both novice and experienced investors to participate easily. Both the mobile app and the PC software have comprehensive functions.
| Pros | Cons |
| Regulated | No capital threshold for account opening |
| Backed by Eastmoney | No absolute advantage in handling fees |
| Various futures products | |
| Mobile app/PC software available |
Eastmoney Futures is a legal and compliant futures brokerage company. It holds relevant business qualifications and is supervised by the China Financial Futures Exchange. Its membership number in the China Financial Futures Exchange is 0107.
At Eastmoney Futures, investors can trade commodity futures and financial futures.
| Category | Exchange | Future Varieties |
| Commodity Futures | Shanghai Futures Exchange | Natural rubber, silver, aluminum, gold, etc. |
| Dalian Commodity Exchange | Corn, Coke, Yellow Soybean, 1, etc. | |
| Zhengzhou Commodity Exchange | Common wheat, white sugar, cotton, etc. | |
| Shanghai International Energy Trading Center | Medium Sour Crude Oil, Low Sulfur Fuel Oil | |
| Guangzhou Futures Exchange | Industrial silicon, lithium carbonate, etc. | |
| Financial Futures | China Financial Futures Exchange | CSI 300 Stock Index Futures, CSI 500 Stock Index Futures, 5-year Treasury Bond Futures, etc. |
There are two calculation methods for futures handling fees: a certain proportion of the transaction amount and a fixed amount. The handling fees for closing positions on the same day of some trading varieties are different. For example, for the CSI 500 Index Futures (IC) of the China Financial Futures Exchange, the handling fee is 0.069% of the transaction amount, and the handling fee for closing positions on the same day is 0.69% of the transaction amount.
The option handling fees include trading fees, exercise (performance) fees, and option self-hedging fees before exercise. The company's handling fee charging standard is no higher than three times the exchange standard plus the original fee. For some varieties, a declaration fee has been charged since August 5, 2022.
Eastmoney Futures provides a diverse range of trading platforms. The Eastmoney Futures Treasure APP on the mobile side is a multifunctional futures trading client that can be downloaded from the App Store.
The version of the Eastmoney Futures PC terminal on the PC side is 5.5.0, and the version of the Eastmoney Futures Treasure PC terminal (CTP version) is 4.12.3. In addition, simulated trading and simulation version software are also provided, which are convenient for investors to practice and test their trading strategies.
In terms of depositing funds, the time for depositing through the bank-futures transfer is from 8:30 to 15:30 and from 20:30 to 02:30 the next day on weekdays (excluding legal holidays). The time for withdrawing funds is from 9:00 to 15:30 on weekdays (excluding legal holidays).
The daily cumulative withdrawal limit is 1.5 million yuan, with no more than ten transactions per day, and each single transaction should not exceed 500,000 yuan. The minimum remaining balance in the account should be 10 yuan, and it is possible to make an appointment for excessive withdrawals. For individual customers, manual withdrawal is not recommended. For institutional customers, if they want to make a manual withdrawal, they need to fill in the voucher and go through the approval process according to the procedure. For withdrawals exceeding 5 million yuan, an appointment should be made in advance.
Yes, Eastmoney Futures charges commissions on various trades. For example, the commission for ETF options is 10 yuan per contract, and for CSI 500 Index Futures, it is 0.069% of the transaction value. These fees are generally affordable, but they can quickly accumulate if I frequently trade. It’s important for me to keep track of these commissions to ensure they don’t reduce my potential profits.
Eastmoney Futures provides multiple trading platforms, including the Eastmoney Futures PC terminal and the Eastmoney Futures Treasure App. I can trade efficiently on both desktop and mobile devices, which is convenient for me. The PC version supports advanced features like multi-window settings, while the mobile app offers real-time trading and analysis, making it accessible for me wherever I go.
The main advantage of trading with Eastmoney Futures is its regulated status, ensuring that it adheres to the legal framework, which offers a certain level of protection for traders. The availability of a wide variety of trading instruments, such as commodity futures and financial futures, allows for strategic diversification. However, the complex fee structure could be a downside for traders looking for simplicity in pricing. The no capital threshold for account opening is also a bonus for beginners.
Eastmoney Futures uses a combination of percentage-based fees and fixed fees. For instance, for CSI 500 Index Futures, the fee is 0.069% of the transaction amount, and for same-day position closure, it’s 0.69%. This clear fee structure helps me understand the cost of trading, although the complexity may require me to calculate potential fees in advance. The option fees, including trading, exercise, and hedging fees, are capped at three times the exchange standard, adding another layer to the pricing structure.
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