Score
China
|
5-10 years
| https://www.westfutu.com/
Website
Rating Index
Influence
D
Influence index NO.1
Germany 2.56
LicensesLicensed Entity：西部期货有限公司
License No. 0160
China
westfutu.com China
VIP is not activated.
| WESTERN Review Summary | |
| Founded | 2008 |
| Registered Country/Region | China |
| Regulation | CFFEX |
| Market Instrument | Future |
| Demo Account | / |
| Trading Platform | WESTERN Trading Platform |
| Minimum Deposit | / |
| Customer Support | Phone: 400-688-6896, 029-87406629 |
| Company Address: 9th and 10th floors, Room 10000, Building 8, No. 319 Dongxin Street, Xincheng District, Xi'an City, Shaanxi Province | |
Established in 2008 and registered in China, Western Futures Co., Ltd. is a wholly-owned subsidiary of Western Securities Co., Ltd., with a registered capital of 800 million Yuan. It is a member of several major exchanges, including the China Financial Futures Exchange and the Shanghai International Energy Exchange. The company has branches and sales offices nationwide and has invested in Shanghai Western Yongtang Investment Management Co., Ltd. for risk management business.
The company also collaborates with Western Securities on innovation and IB business nationwide. It focuses on enhancing its core competitiveness, expanding its business in economically developed regions, and developing an integrated R&D and service system to align with the domestic financial market, aiming to maximize customer value.
| Pros | Cons |
| Regulated by CFFEX | Limited market products |
| Long-established history | Lack of transparency |
Yes. WESTERN is regulated by the China Financial Futures Exchange, currently holding a Future License (No.0160).
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | China Financial Futures Exchange (CFFEX) | Regulated | WESTERN FUTURES CO., LTD. | Future License | 0160 |
WESTERN offers future trading as its primary business. Specific future products for overseas traders include Crude Oil, TSR 20, LSFO (Low Sulfur Fuel Oil), Bonded Copper, Iron Ore, Palm Olein, PTA (Polyethylene Terephthalate), and Sugar.
| Trading Asset | Available |
| futures | ✔ |
| bonds | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
WESTERN advertises its trading platform as featuring Industry-leading performance, synchronous with the global market, and full-market and full-time trading requirements of various kinds of professional customers.
WESTERN offers its proprietary WESTERN Trading Platform, which is described as industry-leading and synchronous with global markets. The platform is designed to meet the full-time and full-market requirements of professional futures traders. It supports both desktop and mobile access, making it suitable for traders who prefer flexibility. The [Western Review] highlights that the platform’s specialized features are ideal for futures trading but notes that its functionality may not be as extensive for traders seeking a more versatile platform that includes forex or stock trading.
WESTERN has several key advantages, including its strong regulation by the China Financial Futures Exchange (CFFEX), which ensures that the platform adheres to financial standards for futures trading. The company also has an established history since its founding in 2008, providing traders with confidence in its operational stability. WESTERN offers access to various futures products like crude oil, iron ore, and sugar, and the platform is designed for professional futures traders. According to [Western Review], the platform’s strength lies in its efficient futures trading services, though traders should be aware of its limited product offerings.
While WESTERN offers strong regulatory oversight for futures trading, it does have its drawbacks. One key disadvantage is its limited product range, as it only supports futures trading and lacks options for forex, bonds, stocks, or ETFs. This may not be ideal for traders looking for a more diverse range of markets to invest in. Additionally, [Western Review] points out that the platform’s lack of a demo account can be a barrier for beginners who wish to familiarize themselves with the platform before committing real capital. Furthermore, the transparency of certain operational aspects, such as fees, is not clearly outlined, which may cause confusion for traders.
The available information does not specify the types of accounts available with WESTERN. However, based on the platform's focus on futures trading, it is likely that there are account types tailored for futures traders. [Western Review] suggests that, given the platform’s specialized services, there may be standard accounts for futures traders, but further details on the account types should be confirmed with the broker. It is recommended to contact customer support to inquire about the account options and find out if there are any specific accounts for professional or institutional traders.
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