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From my own careful assessment, Cloudfutures is indeed a regulated broker, operating under a futures license issued by the China Financial Futures Exchange (CFFEX) in China. For me, regulation is a fundamental aspect for any broker I consider because it provides an extra layer of oversight and potential recourse if issues arise. CFFEX is recognized as the authoritative futures exchange in China, so a license from them does signal a level of credibility within the Chinese regulatory framework. However, I still approach this broker with caution. While Cloudfutures has been active for several years and holds a legitimate license confirmed by CFFEX (License No. 0240), I noticed there’s limited transparency about its trading conditions and only minimal information shared through their official channels. The lack of demo accounts and sparse customer support options are also points that give me pause. As an experienced trader, I rely on clear disclosures and robust support, which seem limited here. In summary, while Cloudfutures is regulated by CFFEX, which oversees its futures trading activities in China, I advise anyone considering this broker to proceed thoughtfully and prioritize personal due diligence, since full details about its business practices aren’t readily accessible.