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First Futures

Suspicious Clone
China
,
Since 1995
Last Updated:
29/100
Overall Score

Trading Conditions

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

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Bank Transfer (Local and International)

bank transfer
1 days
Fee:
Free
Fee:
HK$100

Wire Transfer

wire transfer
1 days
Fee:
Free
Fee:
HK$150

E-wallets or Online Payment Platforms

e wallet
hours
Fee:
Free
Fee:
Free

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

Cryptocurrency Payments

crypto
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 52%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
4%Poor
License
52%Fair
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

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

Customer Support

Phone:
+86 (022) 58298788
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

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.

Below is a summary table reflecting the current knowledge on fee structures:

Fee Type Details
Deposit Fees Not disclosed
Withdrawal Fees Not disclosed
Commission Not disclosed
Inactivity Fees Not disclosed

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.

Regulatory Licenses

Compliance & oversight

1 license
China
CFFEXTier 1
China#0005
License Details
Type:Dealing in futures contracts
License #:0005
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

5 methods
Bank Transfer (Local and International)
Bank Transfer1 min
Deposit
Fee:Free
Min:RMB 10,000
Max:N/A
Withdrawal
Fee:HKD 100
Min:RMB 10,000
Max:N/A
Withdrawal only to registered bank accounts; subject to AML and internal limits; withdrawal fee example from HK broker.
Wire Transfer
Wire Transfer1 min
Deposit
Fee:Free
Min:RMB 10,000
Max:N/A
Withdrawal
Fee:HKD 150
Min:RMB 10,000
Max:N/A
Additional remittance handling fee applies for international withdrawals; client bears any intermediary bank fees.
E-wallets or Online Payment Platforms
E-Wallethours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Not commonly supported; no specific fee or limit data available.
Credit/Debit Cards
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Generally not supported due to regulatory restrictions.
5
Free Deposit
5
Instant
1
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with First Futures: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark First Futures at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for First Futures

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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