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WESTERN

China | 5-10 years |
Regulated in China | Futures License | Self-developed | Suspicious Scope of Business

https://www.westfutu.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Germany 2.56
Surpassed 78.90% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

https://www.westfutu.com/
陕西省西安市新城区东新街319号8幢10000室9层、10层

Licenses

Licensed Entity:西部期货有限公司

License No. 0160

VPS Standard
No restriction on the broker account
Open

Basic Information

Registered Region
China
Operating Period
5-10 years
Company Name
WESTERN FUTURES CO., LTD.
Abbreviation
WESTERN
Company employee
--
Company address
陕西省西安市新城区东新街319号8幢10000室9层、10层
Keywords 5
5-10 years
Regulated in China
Futures License
Self-developed
Suspicious Scope of Business
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Official website

Website

westfutu.com
182.140.213.107
Server Location
China
ICP registration
陕ICP备11007964号-1
Most visited countries/areas
--
Domain Effective Date
2008-09-12
Website
WHOIS.PAYCENTER.COM.CN
Company
XINNET TECHNOLOGY CORPORATION

Company Summary

WESTERN Review Summary
Founded2008
Registered Country/RegionChina
RegulationCFFEX
Market InstrumentFuture
Demo Account/
Trading PlatformWESTERN Trading Platform
Minimum Deposit/
Customer SupportPhone: 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

WESTERN Information

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.

WESTERN's homepage

Pros and Cons

ProsCons
Regulated by CFFEXLimited market products
Long-established historyLack of transparency

Is WESTERN Legit?

Yes. WESTERN is regulated by the China Financial Futures Exchange, currently holding a Future License (No.0160).

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
China
China Financial Futures Exchange (CFFEX)RegulatedWESTERN FUTURES CO., LTD.Future License0160
Regulated by CFFEX

What Can I Trade on WESTERN?

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 AssetAvailable
futures
bonds
options
funds
ETFs
What Can I Trade on WESTERN?

Trading Platform

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.

Trading Platform

Keywords

  • 5-10 years
  • Regulated in China
  • Futures License
  • Self-developed
  • Suspicious Scope of Business

Wiki Q&A

Phoebe Yao
Within 1 year

What trading platforms are available with WESTERN?

WikiFX Reply
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.
Broker Issues
WESTERN
Platform
Account
Leverage
Instruments
08-21
United States
schlaepfi
Within 1 year

What are the pros of trading with WESTERN?

WikiFX Reply
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.
Broker Issues
WESTERN
Regulation
08-19
United States
Bhavani Durga K
Within 1 year

Does WESTERN have any cons?

WikiFX Reply
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.
Broker Issues
WESTERN
Regulation
06-29
United States
Serious74
Within 1 year

What account types can I open with WESTERN?

WikiFX Reply
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.
Broker Issues
WESTERN
Account
Platform
Instruments
Leverage
06-28
United States
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