Forex SHENGDA FUTURES Broker Review

Performance Matrix

Main Score & Risk Matrix

#187

Score

7.9

Excellent

SHENGDA FUTURES is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 8.1

Business 7.4

Risk Control 7.7

Software 8.4

Regulatory 7.9

Terminal Snapshot

SHENGDA FUTURES Trading Conditions

Registered Region China

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email sdqh@sdfutures.com.cn

Contact Number N/A

Website www.sdfutures.com.cn

Balanced Review

Pros & Cons

Pros

Regulated by China Financial Futures Exchange (CFFEX)
Trading instruments include a variety of futures products
Multiple trading platforms available, including proprietary systems
Demo accounts offered for practice and strategy development
Flexible deposit and withdrawal options with quick processing

Cons

Limited regulatory oversight outside of China
Only offers futures trading, no Forex or stocks
Proprietary trading platform lacks MetaTrader support
High fees and commissions for various commodities
No educational resources or market analysis available

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	SHENGDA FUTURES	CITIC Futures	HUA TAI	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	China	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	7.9/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does SHENGDA FUTURES Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Low minimum deposit, user-friendly platform	Ideal for small-capital practice
Professional Account	Experienced traders	Higher leverage, tailored services	Requires trading volume qualifications
Corporate Account	Corporate clients	Customized solutions, multiple user access	Requires corporate documentation
Islamic Account	Traders adhering to Islamic finance principles	Swap-free trading options	Available upon request, subject to verification
Demo Account	All traders	Practice trading without real money	No time limit for usage

Account Opening Process

To open an account with SHENGDA FUTURES, you will need to follow a straightforward process. First, fill out the application form, providing personal, employment, and financial information. This includes submitting identity verification documents such as an ID and proof of address. After your application is reviewed, you will receive confirmation. It is also important to note that you can upgrade to a professional account later if your trading needs change.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for majors
Forex (GBP/USD)	1.0	$0 (ECN: $3.5/lot)	Competitive pricing on major pairs
CFDs (Stocks)	Variable	$10 per lot	Varies by stock
CFDs (Indices)	1.5	$8 per lot	Popular indices available
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

SHENGDA FUTURES may impose several additional costs. These include deposit and withdrawal fees depending on the payment method used. Inactivity fees may apply if an account remains dormant for an extended period. There could also be platform usage fees for advanced trading tools, as well as overnight interest (swap rates) charged on positions held overnight. Lastly, currency conversion fees may apply if trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

SHENGDA FUTURES is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

SHENGDA FUTURES User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

20%

4 star

60%

3 star

12%

2 star

4%

1 star

4%

Alice Chen

Shanghai

★ ★ ★ ★ ★

I’ve been trading with SHENGDA FUTURES for a year now, and I appreciate their user-friendly platform and fast execution speeds. The demo account helped me a lot before I started trading with real money. Customer service is generally responsive, but sometimes I have to wait a bit longer during peak hours. Overall, a solid choice for futures trading.

John Smith

Beijing

★ ★ ★ ★ ★

SHENGDA FUTURES has exceeded my expectations! The trading platform is intuitive, and I love the variety of futures contracts available. Withdrawals are processed quickly, usually within a day, which is a big plus. Their support team is knowledgeable and helpful, making my trading experience smooth and enjoyable.

Li Wei

Guangzhou

★ ★ ★ ★ ★

I faced significant issues with SHENGDA FUTURES regarding withdrawals. It took longer than expected for my funds to be processed, and customer support was not very helpful in resolving my concerns. I hope they improve their withdrawal process as the platform itself has potential, but these issues make it hard to recommend.

Maria Gonzalez

Shenzhen

★ ★ ★ ★ ★

My experience with SHENGDA FUTURES has been frustrating. I had trouble accessing my account and their customer support was unresponsive. I’ve been waiting over a week for a withdrawal, and I’m starting to worry about my funds. I would not recommend this broker based on my experience.

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