Overview of GUODU FUTURES
Guodu Futures, established in 2004 in China, operates under the regulation of the China Financial Futures Exchange. It offers a diverse range of market instruments, including commodities and financial products. The company features multiple trading platforms to accommodate various trading styles and needs.
They offer comprehensive customer support through a national hotline and have partnerships with over 10 Chinese banks for deposit and withdrawal services. Additionally, Guodu Futures provides extensive educational resources, covering topics like policies and regulations, basic futures knowledge, anti-money laundering, commodity manuals, and intermediary training.
Is GUODU FUTURES legit or a scam？
Guodu Futures, licensed by the China Financial Futures Exchange with license number 0130, operates with a regulated Futures License. This regulation ensures that Guodu Futures adheres to the stringent standards set by Chinese financial authorities. For traders on the platform, this regulatory status provides a level of security and credibility, as it signifies compliance with established financial regulations and oversight by a recognized authority. This contributes to a stable trading environment, essential for confident and secure trading activities.
Pros and Cons
Pros of Guodu Futures:
Regulated by CFFE: Ensures regulatory compliance and security for traders.
Comprehensive Educational Resources: Offers extensive materials for trader education and market understanding.
Multiple Trading Platforms Available: Provides a variety of platforms for different trading needs.
National Customer Service Hotline: Ensures reliable and accessible customer support.
Diverse Market Access for Traders: Offers access to a range of markets, suitable for different trading strategies.
Cons of Guodu Futures:
Not Available in Some Countries or Regions: Limited accessibility for traders in certain geographic areas.
Complex Account Opening Process: The procedure for opening accounts is intricate and time-consuming for some users.
Market Instruments
Guodu Futures specializes in various sectors of the futures market, offering services in commodity and financial futures brokerage, futures investment consulting, and asset management. The company is equipped to handle a wide array of futures varieties, encompassing both currently listed and future products for trading, settlement, and delivery. This broad scope in trading assets showcases Guodu Futures' extensive market access and its diverse range of services, emphasizing its comprehensive role in the futures trading industry.
Account Types
Guodu Futures offers different account types based on the user's trading preferences and market access requirements. New customers opening their first account can choose from three commodity futures exchanges, suitable for those starting in commodity futures trading. Experienced traders with access codes for the China Financial Futures Exchange and the Energy Center can opt for accounts encompassing five exchanges for those seeking broader market access and diverse trading opportunities. These account types are tailored to different levels of market engagement, from beginners to more seasoned traders with specific market interests.
How to Open an Account？
PC account opening process
Opening an account with Guodu Futures via PC involves a detailed, multi-step process. It starts with preparing your system and browser, followed by logging in and providing personal information on their website. You'll need to upload identification photos, fill in basic details, and bind your bank account. The process also includes choosing investor classification, reading agreements, and a video verification step. Finally, you install a digital certificate, sign agreements, complete an online revisit, and submit your application. This process ensures thorough verification and compliance with regulatory requirements
Mobile account opening process
Opening an account with Guodu Futures via mobile involves several steps: Firstly, download the account opening software by scanning the provided QR code. Ensure your smartphone runs Android 4.0/iOS 7.1 or above. Log in to the Futures Account Cloud APP, input the company number, and select the option to open a futures account. Follow the prompts to enter personal information and upload necessary photos. You'll be required to fill in basic information, bind your bank account, choose an investor category, and select account types. The process includes reading agreements, video verification, installing a digital certificate, signing agreements, completing an online revisit, and submitting the account opening application
Trading Platform
Guodu Futures offers various trading platforms such as “Bo Yi Yun Jiao Yi Ban” for IPV6 network support, “Wenhua Ying Shun Yun Duan Jiao Yi Ruan Jian” focusing on market analysis and trading, and multiple versions of “Kuai Qi Jiao Yi Zhong Duan” for historical data and intelligent filtering. They also have “Jin Zi Ta Jue Ce Jiao Yi Xi Tong” for programmed trading and “Kai Tuo Zhe Qi Jian Ban” for strategy-based trading.
Deposit & Withdrawal
Guodu Futures supports bank-futures transfers with several major banks, including the Industrial and Commercial Bank of China (ICBC), the Bank of Communications, the Bank of China (requires telephone banking), the China Construction Bank, the Agricultural Bank of China, Shanghai Pudong Development Bank, China Merchants Bank, CITIC Bank, Industrial Bank, and Minsheng Bank. Each bank has a unique code for facilitating these transactions.
Different banks have specific timings for trading deposits and withdrawals. The processing times for deposits range from 8:45 to 15:30 and 20:30 to the next day's 2:30, while withdrawals are processed from 9:05 to 15:30 or 15:45, depending on the bank.
Customer Support
Guodu Futures' call center offers a comprehensive service platform, integrating real-time trading, account inquiries, voice consultation, business advice, and expert hotline services. This system supports various software functionalities like Bo Yi Flash Hand, Wenhua WH6, and Jin Shida Dian Jin Shou. To use this system, customers should understand the detailed contents of the “Risk Disclosure” and then call the national customer service number, 400-650-8822. After understanding the operating functions and risk disclosures, customers can access automated language services and activate the service by providing their ID number.
Educational Resources
Guodu Futures provides a variety of educational resources for investors, including information on policies and regulations, basic futures knowledge, an anti-money laundering section, commodity manuals, and intermediary training. These resources aim to enhance the understanding and skills of investors in navigating the futures market, complying with legal regulations, and executing informed trading decisions. The educational materials are designed for both new and experienced traders, ensuring a well-rounded understanding of the futures trading landscape.
Conclusion
Guodu Futures, regulated by the China Financial Futures Exchange (CFFE), provides a secure and regulated trading environment. It offers a variety of trading platforms and comprehensive educational resources, along with a national customer service hotline for broad support. The diverse market access is for different trading strategies, making it suitable for a wide range of traders.
However, the platform is not available in some countries or regions, and the account opening process can be complex for new users. These factors could be limiting for international traders or those seeking a more straightforward setup.
FAQs
Q: What is Guodu Futures？
A: It's a futures trading platform regulated by the China Financial Futures Exchange.
Q: What types of trading assets does Guodu Futures offer？
A: They offer a variety of assets including commodities and financial products.
Q: Does Guodu Futures provide educational resources？
A: Yes, they offer comprehensive educational materials for traders.
Q: Are there multiple trading platforms available at Guodu Futures？
A: Yes, Guodu Futures offers several trading platforms.
Q: Is Guodu Futures accessible internationally？
A: Guodu Futures is not available in some countries or regions.
Q: What kind of customer support does Guodu Futures provide？
A: They offer a national customer service hotline for support.
