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Goldman Sachs Futures

Regulated
China
,
Since 2006
Last Updated:
30/100
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

No funding methods available

Performance Metrics

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

Regulatory Licenses

Regulatory Licenses:
Tier 1
China flag
Dealing in futures contracts
Regulated
CFFEX | China
Regulatory Licenses:
Tier 1
Regulated
CSRC |

Company Information

Full Name:Goldman Sachs Futures (Shenzhen) Co., Ltd.
Founded:2006
Headquarters:China
Enterprise Offices:2offices

Customer Support

Phone:
+86-755 2222 1100
Live Chat:
Not Available
Response Time:
—
Languages:
Chinese (Simplified)Chinese (Traditional)
Scroll Down

What Goldman Sachs Futures legally published, but does not want you to read

Wikilix contract reading ·

Moderate contract risk

The broker filed here as Qian Kun Futures no longer uses that name. It is now Goldman Sachs Futures (Shenzhen) Co., Ltd., and qkfutures.com redirects to the Goldman Sachs China site. The firm warns that anyone using the QK name is unconnected to Goldman Sachs, yet its own client FAQ still carries it. That same FAQ sets your withdrawal limits and lists trading hours from before night sessions existed.

1Critical clauses
13Clauses flagged
76Documents read
4.5/10Contract risk
Read the full terms report9 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

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

How we checked these figures

On 21 September 2026 we opened goldmansachs.cn in a normal web browser and read it. Plain automated requests to the site are refused by Tencent Cloud EdgeOne with HTTP 567, but a real browser loads the site normally, so a person reading this page can open the same pages we did.

The website is small. It has seven pages: a home page, a company profile, disclosure, an investor-protection section, an anti-money-laundering section, a customer-service section and a privacy policy, plus a library of investor-education PDFs. It publishes no account types, no minimum deposits, no leverage and no funding method. Sections below that used to list those figures have been removed, because nothing on the company’s own website supports them.

The company has publicly disowned the Qian Kun name. Its home page states that from 20 March 2026 Goldman Sachs and its affiliates no longer use any trade name connected to “乾坤”, “Qian Kun” or “QK”, and that any firm or person still using such a name is unrelated to Goldman Sachs. We show the former name only as history, which is how the company itself presents it.

Goldman Sachs Futures Broker Overview

Goldman Sachs Futures, formerly known as Qian Kun Futures, is the trading name of Goldman Sachs Futures (Shenzhen) Co., Ltd., a futures brokerage based in Shenzhen and active in the Chinese domestic futures market. The company previously operated as Qian Kun Futures Co., Ltd. before its name was changed in March 2026.

The firm is licensed by the China Securities Regulatory Commission (CSRC) for financial futures brokerage and commodity futures brokerage and is also a trading and clearing member of the China Financial Futures Exchange (CFFEX). It is a wholly owned subsidiary of Goldman Sachs (China) Securities Co., Ltd.

Accounts, funding and client support are handled in renminbi and primarily in Chinese. Its published business is futures brokerage rather than retail foreign exchange or contracts for difference.

Older searches and references for Qian Kun Futures, Qiankun Futures, and the former Qian Kun Futures company name may therefore refer to the same legal company now operating as Goldman Sachs Futures.

What Happened to Qian Kun Futures?

Qian Kun Futures Co., Ltd. was renamed Goldman Sachs Futures (Shenzhen) Co., Ltd. in March 2026. The legal entity remained identifiable through its Chinese registration information, while the company name and branding changed.

This distinction is important because older regulatory records, websites, search results and third-party references may still use the Qian Kun Futures name.

Users searching for a Qian Kun Futures login or information about Qiankun Futures should therefore be aware that the company is now presented under the Goldman Sachs Futures name. Historical references to Qian Kun Futures on this page are retained where they help identify the company and its previous operating name.

Goldman Sachs Futures Regulation and License

Goldman Sachs Futures (Shenzhen) Co., Ltd. holds CSRC futures company licence number 000000062319. The licence is recorded as active on the official register of licensed futures companies, with a stated scope covering financial futures brokerage and commodity futures brokerage.

CSRC is China's statutory securities and futures regulator. Futures companies authorised to operate in mainland China are subject to its regulatory framework, including requirements concerning the handling and custody of client margin.

The company is separately admitted to the China Financial Futures Exchange under member code 0308 as a trading and clearing member. This membership allows the firm to clear its own eligible exchange trades rather than relying on another clearing member.

Exchange membership should not be confused with a regulatory licence. CFFEX membership adds exchange-level margin, settlement and risk-control requirements but does not constitute a separate regulatory authorisation.

The licensed scope identified for Goldman Sachs Futures does not extend to retail forex or contracts for difference. Anyone specifically looking for a forex or CFD broker should therefore not treat Goldman Sachs Futures, or the former Qian Kun Futures operation, as a retail forex or CFD provider.

Is Goldman Sachs Futures Regulated?

Yes. Goldman Sachs Futures is regulated in mainland China as a futures brokerage.

The China Securities Regulatory Commission licenses Goldman Sachs Futures (Shenzhen) Co., Ltd. under licence number 000000062319, and the company appears on the official register of licensed futures firms.

The regulatory position applies to its Chinese futures business. The firm does not present itself as a retail brokerage licensed in the United Kingdom, European Union, Australia or the United States, and its published services are primarily designed for the mainland Chinese market.

Goldman Sachs Futures (Shenzhen) Co., Ltd.

The legal company behind the Goldman Sachs Futures brand is Goldman Sachs Futures (Shenzhen) Co., Ltd., known in Chinese as 高盛期货（深圳）有限公司.

The company is registered in China under unified social credit code 9144000010002072XD.

It previously operated as Qian Kun Futures Co., Ltd. (乾坤期货有限公司) and was renamed in March 2026. Its sole shareholder is Goldman Sachs (China) Securities Co., Ltd. (高盛（中国）证券有限责任公司), a wholly foreign-owned securities firm headquartered in Beijing.

For this reason, older information referring to Qian Kun Futures or Qiankun Futures can relate to the same company now operating as Goldman Sachs Futures.

Is Goldman Sachs Futures Safe?

Goldman Sachs Futures operates within the structural protections associated with a Chinese futures licence, although regulation alone should not be treated as proof that any broker is risk-free.

The company's CSRC licence is active, and client margin is subject to the custody and segregation framework applicable to licensed Chinese futures companies. The industry investor protection framework also applies, while CFFEX trading and clearing membership introduces additional exchange-level settlement, margin and risk-control obligations.

Ownership by Goldman Sachs (China) Securities Co., Ltd. also places the broker within a larger regulated financial group.

There are nevertheless limitations for prospective clients to consider. Public information about the firm's trading platforms is limited, and detailed margin and leverage terms are not presented in a form that can be comprehensively verified from its public materials.

The service is primarily domestic, Chinese-language and renminbi-denominated, making it less practical for many clients outside mainland China.

Anyone considering an account should confirm the current licence status, eligible products, margin requirements and account terms directly with Goldman Sachs Futures before depositing funds.

Goldman Sachs Futures Account Types

Goldman Sachs Futures publishes no account types on its website. It is a Chinese futures broker serving corporate and domestic clients, not a retail broker with advertised account tiers, so there is no tier list, no minimum deposit and no leverage figure to report. Anyone opening an account should ask the company directly which route applies and what it requires.

Goldman Sachs Futures Deposits and Withdrawals

Goldman Sachs Futures publishes no funding method, no fee schedule and no withdrawal terms on its website. Chinese futures brokers normally move client money through 銀期转账 (bank-futures transfer), a domestic renminbi system linking a client’s registered bank account to the futures margin account, but this company does not set out its own terms for it in public. We therefore state nothing about its charges, cut-off times or limits, and recommend confirming all of it with the company before depositing.

Goldman Sachs Futures Support

Goldman Sachs Futures provides customer support in Simplified and Traditional Chinese.

Support is available by telephone at +86-755 2222 1100 and by email at GSFC-Services@goldmansachs.cn. No live-chat service is currently published.

The company also provides a trading reminder and FAQ page on the Goldman Sachs China website.

Its published office address is Kerry Construction Plaza Tower T3, rooms 3302 and 3303A, Futian District, Shenzhen.

Goldman Sachs Futures Pros and Cons

The main strengths of Goldman Sachs Futures are its active CSRC futures licence, the regulatory framework governing client margin, its trading and clearing membership at CFFEX and its ownership by Goldman Sachs (China) Securities Co., Ltd.

The principal limitations are its domestic-market focus, Chinese-language service, renminbi-only funding structure and relatively limited public information about trading platforms, margin schedules and leverage. The firm is also not authorised as a retail forex or CFD broker.

Goldman Sachs Futures Review and Assessment

Goldman Sachs Futures, previously known as Qian Kun Futures, is a regulated domestic Chinese futures broker with an active CSRC licence, CFFEX trading and clearing membership and ownership by a major securities group.

The March 2026 change from Qian Kun Futures to Goldman Sachs Futures is significant for anyone researching the broker because older search results, records and references may continue to use the former company name.

The firm's regulatory position is considerably different from an offshore or unlicensed brokerage. At the same time, the service remains heavily focused on mainland China, with renminbi funding, Chinese-language support and access to Chinese-listed futures rather than the international retail forex and CFD products offered by many online brokers.

Before opening an account, the most important points to confirm are whether the commodity-futures or stock-index-futures account route applies, the current margin requirements and the applicable funding and withdrawal conditions.

Website archive
Captured

Website snapshots

11 full-page captures of Goldman Sachs Futures's own site, archived so what they said can still be read after the pages change.

11 pages
Homepage — GS Futures (Shenzhen), ex-Qian Kun
Company Profile (futures entity)
Regulation & Information Disclosure (futures entity)
Homepage — Goldman Sachs (China) Securities
About & Legal Entities (GS China)
Regulatory Disclosures (GS China entity)
Terms & Conditions
Privacy Policy
Contact & Offices
Anti-Fraud & Impersonation Warnings
Parent Renaming Announcement (Gaohua → GS China)
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check
Checked

Regulatory Licenses

Goldman Sachs Futures holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.

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

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

China Financial Futures Exchange 0308

Wikilix read the CFFEX register on Sep 11, 2026. This is what it said.

Name on the register
高盛期货（深圳）有限公司
Jurisdiction
China
Authority strength
Tier 1
Licence type
Dealing in futures contracts
Register status
unknown
Shown on the Goldman Sachs Futures website
Shown

Checked Sep 11, 2026

Permissions

  • 交易结算会员 (Trading Clearing Member)

What our check found

The national exchange for financial futures in China, established under the State Council with the securities regulator's authorisation. This firm is admitted as a trading and clearing member, the higher of the two membership grades, meaning it clears its own trades rather than relying on another member. Client protection: Strong. Clearing membership brings exchange margin, settlement and risk-control obligations on top of the regulator's own supervision..

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 Goldman Sachs 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.

Open the CFFEX licence recordCheck it on the registerAbout CFFEX

Tier 1 and 2 authorities

1 licence
Client acceptance

Country availability

Where Goldman Sachs Futures says it will and won't take clients

1 country

Explicitly accepted

Named as accepted — not a full list of served markets

CNChina
How we know — 8 sources
  1. 1Country policy derived 2026-09-11 from the broker's own site only. Whitelist CN rests on the account-opening section of the company's published FAQ: for every individual account type, commodity and stock-index alike, the required documents begin with 开户人有效的中华人民共和国居民身份证（二代）, a valid PRC second-generation resident identity card, together with a savings card held with one of five named mainland Chinese banks. Source: 常见问题, https://www.goldmansachs.cn/futures/trading-reminder-and-faqs/qk-QA.pdf
  2. 2No passport or other non-PRC identity document appears anywhere in that checklist as an alternative, and accounts are opened in person with document and image capture rather than through any online form. Onboarding is therefore documented for mainland China residents only. Holders of Hong Kong, Macau or Taiwan documents are not addressed and are recorded in no list.
  3. 3Funding corroborates the same reading: the only route is bank-futures transfer through mainland Chinese banks (中国银行、农业银行、工商银行、建设银行、交通银行), cross-bank deposits and withdrawals are not permitted, the deposit and withdrawal account must match the account registered at onboarding, cash is not accepted, and balances are held in renminbi. Source: same FAQ document, 银期转账 and 财务 sections.
  4. 4No country is recorded as blocked. The site publishes no restricted or accepted countries list: /restricted-countries, /prohibited-countries, /accepted-countries and /where-we-operate all return 404, and a text search of every page in the futures section found no jurisdiction named as restricted or refused. An eligibility rule is not a list of refused jurisdictions, so no country has been inferred into the blocked lists.
  5. 5The website terms and the futures disclaimer carry only generic non-solicitation wording naming no jurisdiction: the terms exclude any offer, solicitation or trading strategy 如果在相关司法辖区内该等要约或业务招揽或交易策略属非法 (where it would be illegal in the relevant jurisdiction), and the disclaimer states the site's tools, information and services 不应视为向任何人提出进行期货交易或投资的邀约或邀请 (shall not be regarded as an offer or invitation to any person to engage in futures trading or investment). Sources: https://www.goldmansachs.cn/terms-and-conditions and https://www.goldmansachs.cn/futures/disclaimer.pdf
  6. 6The broker publishes no online registration form, so there was no signup country list to read and the published onboarding checklist was used in its place. The site is published in Chinese only; no English or other language variant is served.
  7. 7No regulator filing was consulted for this section: a filing states permitted rather than blocked jurisdictions and could not on its own establish that any country is refused.
  8. 8Source-currency caveat: the account-opening FAQ still carries the company's former name and former office address, so the document predates the March 2026 change of name. It remains the FAQ currently published and linked on the live site, and no more recent onboarding document is published there.
Recorded by WIKILIX research, not published by the broker, and not a guarantee. A country listed nowhere above is not thereby accepted — check Goldman Sachs Futures's own terms before you open an account.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • Chinawww.goldmansachs.cn/home.htmlMain siteChinaActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Legal entities

Corporate Network

2 legal entities behind the Goldman Sachs Futures brand.

2 entities
  • Goldman Sachs Futures (Shenzhen) Co., Ltd.ActiveChinaRegistration 9144000010002072XDOperating entity for the futures brokerage; Chinese name 高盛期货（深圳）有限公司. Renamed from Qian Kun Futures Co., Ltd. (乾坤期货有限公司) in March 2026 and wholly owned by Goldman Sachs (China) Securities Co., Ltd.
  • Goldman Sachs (China) Securities Co., Ltd.ActiveChinaSole shareholder of the futures operating entity, holding 100 percent, and the stated operator of the group website; Chinese name 高盛（中国）证券有限责任公司.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

Goldman Sachs Futures names Goldman Sachs Futures (Shenzhen) Co., Ltd. as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Legal entity
Goldman Sachs Futures (Shenzhen) Co., Ltd.
Registration number
9144000010002072XD
Jurisdiction
China
From our latest investigation
Frequently Asked Questions

Frequently Asked Questions

Common questions about Goldman Sachs Futures

Most Popular Questions

Service is conducted in Chinese. The website, the client documents and the help centre are published in Chinese, and the telephone lines are answered in Chinese.

The quote and trading software has no English build, so a Chinese language operating system is required to run it. Non Chinese speakers should expect to need help.

Account closing is done in person at the company's office. Before it can be processed you must withdraw the full balance from the futures account and cancel the bank to futures transfer agreement.

A full withdrawal also has to be requested by telephone, and on that day the account must have no trades and no open positions.

Most login and connection failures come from a local firewall blocking the software, so the company asks clients to check that first and to reinstall the current version from its website if the software is out of date.

If the trading system connection drops during the session, call 86-755 2222 1100 to place orders by telephone, which requires the order password for the relevant exchange. Any other problem goes to the same number, asking for the customer service department.

Trading follows exchange hours. The Shanghai, Zhengzhou and Dalian exchanges run from 09:00 to 10:15, 10:30 to 11:30 and 13:30 to 15:00. The China Financial Futures Exchange runs from 09:15 to 11:30 and 13:00 to 15:15, closing at 15:00 on a contract's last trading day.

Before the open, orders can be entered in the call auction from 08:55 to 08:59, and no orders can be placed from 08:59 to 09:00 while the auction is matched.

Client margin is kept in dedicated margin accounts at designated depository banks, separate from company money. The China Futures Margin Monitoring Center monitors the daily transfer and settlement of that margin, and clients can check their own funds and positions on its website.

That addresses the handling of client money by the firm. It does not protect against trading losses, which in futures can exceed the margin posted.

A transfer credits immediately once it completes, but withdrawals can only be made between 09:20 and 15:15 on trading days. Deposits have no time restriction.

A maximum of three withdrawals is allowed per trading day, a single withdrawal is capped at 80 percent of the account's available funds and at 1,000,000 yuan, and the daily ceiling is 3,000,000 yuan, above which the company asks for half a day of notice.

A stock index futures account goes beyond a commodity account. Applicants complete basic knowledge training and a test, and show trading experience of at least ten commodity futures trades within the past three years, or ten trading days and twenty or more simulated stock index trades.

They also provide proof of financial assets, an income or credit report, and must hold available funds of not less than 500,000 yuan in the futures margin account at the end of the trading day before the trading code is applied for.

An individual opening a commodity futures account needs a valid second generation PRC identity card and a savings card from the Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank or Bank of Communications. Corporate applicants supply the business licence, organisation code certificate, tax registration, legal representative authorisation and sealed company documents.

The process then runs through identity checks and imaging, signing the risk disclosure and client notice, signing the brokerage contract, internal review, applying for the exchange trading code, setting up the bank to futures transfer, and finally installing the software and funding the account.

The company offers every product listed on the Shanghai Futures Exchange, the Zhengzhou Commodity Exchange, the Dalian Commodity Exchange and the China Financial Futures Exchange.

That covers mainland Chinese commodity futures such as copper, aluminium, gold and rubber, and financial futures including the CSI 300 index future.

No. It is a mainland China futures brokerage, and what it offers is the contracts listed on the domestic futures exchanges.

There is no retail foreign exchange or contract for difference account here, so anyone looking for that kind of trading will not find it.

Nothing in its own disclosures suggests that. It is a licensed mainland futures company that can be looked up on the public register of futures companies, and client margin sits in segregated accounts at designated depository banks under the China Futures Margin Monitoring Center.

One warning does matter for anyone searching the older name. The company states that since 20 March 2026 neither it nor its affiliates use the Qian Kun or QK names, and that any firm or individual still trading under them is unconnected to it.

The company is wholly owned by Goldman Sachs (China) Securities Co., Ltd., which holds 100 percent following a change of shareholder and controlling party completed in 2025.

It was previously named Qian Kun Futures Co., Ltd. and was approved to change its name to Goldman Sachs Futures (Shenzhen) Co., Ltd., announced on 4 March 2026.

The company publishes an enquiry line on 86-755 2222 1100 and a separate complaints line on 86-755 2222 1155. Its email address is GSFC-Services@goldmansachs.cn, its fax is 86-755 8291 2965, and its office is at Kerry Plaza Tower T3, rooms 3302 and 3303A, Futian District, Shenzhen, postcode 518048.

Support is provided in Chinese and there is no live chat. The company no longer uses the Qian Kun or QK names, so the older email address on that domain should not be used.

The company does not publish a single maximum leverage figure. Trading is on margin, and the margin ratio is set contract by contract by the exchange and by the company, then applied to the account.

The current rate for any contract can be checked in the trading system through its margin rate enquiry, so the effective leverage depends on the contract being traded rather than on one company wide number.

The company does not publish a headline minimum deposit. Money moves between your own bank account and your futures margin account through a bank to futures transfer, both accounts must be in the same name, and cash deposits are not accepted. The account balance must not fall below 100 yuan.

For transfers through the Agricultural Bank of China, Bank of China, China Construction Bank and Bank of Communications, the company states that deposits and withdrawals are currently free of charge.

Orders can be placed in three ways: through the company's online trading software, by telephone instruction, and in writing. The quote and trading software is downloaded from the software section of the company's own website, and the trading program is built into it.

There is no English build of the quote software, and the company advises that a Chinese language operating system is needed to run it.

Goldman Sachs Futures (Shenzhen) Co., Ltd. is licensed as a futures company in mainland China, covering financial futures brokerage and commodity futures brokerage, and its entry can be checked on the public register of futures companies maintained by the China Futures Association. It is also a trading and clearing member of the China Financial Futures Exchange, which is exchange membership rather than a separate licence.

Client margin is held in dedicated accounts at designated depository banks and monitored by the China Futures Margin Monitoring Center. This is a China domestic futures brokerage, regulated for that business and not as an international retail forex or CFD broker.

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