Wikilix
First Futures logo

First Futures

Suspicious Clone
China
Since 1995
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
N/A

Official website

futuresonline.com.cn

Online · checked Sep 10, 2026

Funding Methods

5 methods

Bank Transfer (Local and International)

bank transfer
Up to 1 day
Fee:Not recorded
Fee:HK$100

Wire Transfer

wire transfer
Up to 1 day
Fee:Not recorded
Fee:HK$150

E-wallets or Online Payment Platforms

e wallet
Not recorded
Fee:Not recorded
Fee:Not recorded

Credit/Debit Cards

credit card
Instant
Fee:Not recorded
Fee:Not recorded

Cryptocurrency Payments

crypto
Instant
Fee:Not recorded
Fee:Not recorded

Trust rating

High risk

42 out of 100 · 50% checked· Provisional

The licences it claims have not been checked on any official register.

We checked First Futures on 2026-10-25 across its regulation, company record, client terms, trading offer and service, and could verify 50% of its record. It claims 1 licence on its site, but none has been checked on an official register yet. The score of 42 is what the checked record adds up to; nothing held it down. The rating stays provisional until a claimed licence is checked on an official register. What would move the score: licence held by the onboarding entity, verified age, transparency. No investigation has been published yet, so complaints and reputation are unknown. Its client terms have not been reviewed yet.

Score last calculated 2026/10/25

Company Information

Full Name:First Futures Co., Ltd.
Founded:1995
Headquarters:China
Enterprise Offices:N/A

Customer Support

Phone:
+86 (022) 58298788
Live Chat:
Available
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about First Futures: its history, the licences it holds, its trading conditions and its fees.

Introduction

In the dynamic world of futures trading, selecting a reliable and well-established broker is paramount for both novice and experienced traders. First Futures Co., Ltd. stands out as a prominent player in China’s futures brokerage landscape, boasting a rich history and strong governmental backing. Since its inception in 1995, the company has steadily evolved, combining professional expertise with technological innovation to serve a diverse clientele.

With a focus on futures brokerage, asset management, and risk management, First Futures has positioned itself as a comprehensive financial services provider. This article delves into the company’s background, core offerings, regulatory compliance, trading conditions, fee structures, and overall market reputation, providing a thorough understanding of what First Futures brings to the table.

Background and History

First Futures Co., Ltd. was established in July 1995 by a founding team originating from the Tianjin United Futures Exchange. This foundation rooted the company deeply within China’s futures market from the outset. A significant milestone came in 2007 when the Tianjin Financial Investment Management Center invested capital into the company, prompting the relocation of its headquarters to Tianjin, China.

Over the years, First Futures has grown into a nationally recognized futures company, holding all necessary business licenses and the highest qualifications in the Chinese futures industry. The company’s philosophy centers on co-development with customers, continuous professional upgrading, and embracing technological innovation. These principles have guided its expansion into a multi-level, integrated futures business system, primarily focused on futures brokerage but also encompassing asset and risk management services.

Key Features and Offerings

Comprehensive Futures Brokerage

First Futures offers a broad spectrum of futures brokerage services designed to meet the needs of various market participants. While specific details on trading platforms and account types are not publicly disclosed, the company emphasizes professional service and technological advancement as cornerstones of its offering.

Asset and Risk Management Services

Beyond brokerage, First Futures supplements its core business with asset management and risk management solutions. These services aim to provide clients with holistic financial strategies, helping them navigate market volatility and optimize portfolio performance.

Technological Innovation

Technological innovation is a key pillar of First Futures’ business model. Although exact platform details are not available, the company’s commitment to integrating modern trading technologies suggests a focus on providing efficient, reliable, and user-friendly trading environments.

Regulatory Compliance and Licensing

Operating within China’s stringent regulatory framework, First Futures holds all required business licenses and the highest qualifications in the futures industry. The company benefits from strong governmental support, particularly from Tianjin financial authorities, which enhances its credibility and operational stability.

While specific license numbers and regulatory bodies are not publicly detailed, the following table summarizes the regulatory status based on available information:

Regulator License Number Status
Chinese Futures Regulatory Authorities Not publicly disclosed Fully Licensed, Highest Qualification

Trading Conditions and Platform Technology

Details regarding specific trading conditions such as spreads, leverage, minimum deposits, commissions, and fees are not explicitly available. However, First Futures’ emphasis on professional upgrading and technological innovation implies competitive trading terms tailored to meet market demands.

Similarly, while the company highlights its commitment to technological advancement, no concrete information about proprietary trading platforms, mobile applications, or third-party integrations has been disclosed publicly.

The table below summarizes the known aspects of trading conditions and platform technology:

Feature Details
Spreads Not publicly disclosed
Leverage Not publicly disclosed
Minimum Deposit Not publicly disclosed
Trading Platforms Emphasis on technological innovation; specific platforms not detailed
Mobile Applications Not specified

Fee Structure

Information on fees such as deposit charges, withdrawal fees, inactivity fees, and commissions is not publicly available. Typically, such details are provided through official client agreements or the company’s website. The absence of this data suggests that prospective clients should directly contact First Futures for precise fee schedules.

User Experience and Market Reputation

Publicly available information on customer reviews, ratings, or independent reputation assessments for First Futures is limited. The company’s stated philosophy of co-development with customers and focus on professional service suggests a client-centric approach. However, without concrete user feedback, it is difficult to provide a definitive evaluation of the user experience.

Given its strong governmental backing and comprehensive licensing, First Futures likely maintains a stable and trustworthy presence in the Chinese futures market. Nonetheless, potential clients are encouraged to seek direct testimonials or conduct due diligence before engaging.

Recent Developments

There are no publicly available updates or news regarding First Futures for the years 2024 and 2025. The most recent significant event remains the 2007 capital investment and headquarters relocation. This lack of recent information may indicate a period of steady operations without major public announcements or changes.

Conclusion

First Futures Co., Ltd. is a well-established futures brokerage firm with a solid foundation dating back to 1995. Its strong governmental support, comprehensive licensing, and focus on technological innovation position it as a reputable player in China’s futures market. While detailed information on trading conditions, fees, and platform technology is limited, the company’s integrated approach to futures brokerage, asset management, and risk management offers a broad spectrum of services.

For traders and investors interested in engaging with First Futures, direct contact with the company or consultation of its official website is recommended to obtain the most current and detailed information. Overall, First Futures represents a stable and professional choice for futures trading within the Chinese financial ecosystem.

Regulation check

Regulatory Licenses

First Futures is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
1
Offshore
0

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

China Financial Futures Exchange 0005

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
China
Authority strength
Tier 1
Licence type
Dealing in futures contracts
Not yet checked on the register

Client protection under this licence

  • Compensation schemeDeposit insurance covers up to CNY 500,000 per depositor
  • Complaints routeExchange rules
  • Maximum leverage1:7

These are the rules CFFEX sets for the firms it licenses. They are not a statement about how First Futures applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Deposits & withdrawals

Funding Methods

5 ways to fund an account. 2 credit instantly.

5 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Transfer (Local and International)Bank Transfer
Withdrawal only to registered bank accounts; subject to AML and internal limits; withdrawal fee example from HK broker.
Not recordedHKD 100RMB 10,000RMB 10,000Not recordedUp to 1 day
Wire TransferWire Transfer
Additional remittance handling fee applies for international withdrawals; client bears any intermediary bank fees.
Not recordedHKD 150RMB 10,000RMB 10,000Not recordedUp to 1 day
E-wallets or Online Payment PlatformsE-Wallet
Not commonly supported; no specific fee or limit data available.
Not recordedNot recordedNot recordedNot recordedNot recordedNot recorded
Credit/Debit CardsCredit CardGenerally not supported due to regulatory restrictions.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Cryptocurrency PaymentsCryptocurrencyNot supported due to regulatory restrictions.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Fees, limits and processing times as published by First Futures, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about First Futures

Most Popular Questions
Not specified.
The broker does not specify any account types or trading platforms available at First Futures. Details on spreads, commissions, and execution models are also not provided.
According to WIKILIX data, First Futures offers a maximum leverage of 7. No further details on leverage tiers or variations are specified.
First Futures provides customer support via phone and live chat during business hours. Support is available in English, and general inquiries can be sent by email. The broker offers a medium transparency level with contact details accessible through official channels.
First Futures supports bank transfers and wire transfers for deposits and withdrawals, with minimum amounts of 10,000 RMB. Withdrawals incur fixed fees in HKD and are processed within 1 to 3 business days. Other methods like e-wallets, credit cards, and cryptocurrency payments are generally not supported due to regulatory restrictions.
First Futures Co., Ltd. is regulated by the China Financial Futures Exchange (CFFEX), a government-regulated entity in China. The broker holds a license for dealing in futures contracts and offers deposit insurance coverage up to CNY 500,000 per depositor. According to WIKILIX, it is classified as a suspicious clone, so users should exercise caution.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.

Comments

Share your thoughts and experiences with First Futures