CFFEXChinaTier 1Licence number
0005
View licence record- Licence holder
- Held by First Futures
- Licence type and regime
- Dealing in futures contracts
Not checkedUpdated
At a glance
Regulation on record for First Futures
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
First Futures has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for First Futures, strongest authority first.
1 record
- CFFEXChinaTier 1
Protection
What this licence protects
CFFEX's own rules for the firms it authorises.
- Compensation schemeDeposit insurance covers up to CNY 500,000 per depositor
- Complaints routeExchange rules
- Maximum leverage1:7
Frequently Asked Questions
Questions about the licences held by First Futures
Answered from the register entries on this page.
Most Popular Questions
Not specified in the provided context.
The provided context 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 in the provided context.
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.
First Futures has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
First Futures holds licence records issued by CFFEX. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by First Futures comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by First Futures has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
First Futures has licence records in China. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.