DONGXING FUTURES

webgalaxy

1-2 سنة

Could you tell me what the typical spread is for EUR/USD on a standard account with DONGXING FUTURES?

WikiFX رد

As an experienced trader, I strive to thoroughly research any platform before committing funds, especially when it comes to understanding trading costs like spreads. With DONGXING FUTURES, I faced a significant challenge because the broker does not provide detailed information about spreads or typical trading costs. In my due diligence, I found that DONGXING FUTURES only offers futures and options trading, rather than spot forex, so EUR/USD as a forex pair is not actually available for trading on their platforms. This makes it impossible to determine a standard or typical spread for the EUR/USD pair with them. Additionally, the lack of a demo account and minimal public information about their trading conditions raises some concerns for me, particularly from a transparency and trust perspective. I am always wary when a broker provides limited details on fees, costs, and account structure, since these factors have a direct impact on risk management and trading performance. For my own trading, I only proceed when I have clear and accessible information about all trading conditions, including spreads. In summary, DONGXING FUTURES does not support EUR/USD spot trading, and no spread information can be provided for that pair—highlighting the importance of fully verifying a broker’s offerings and fee structure before getting involved.

Broker Issues

DONGXING FUTURES

Fees and Spreads

09-11

الولايات المتحدة

Five8

1-2 سنة

Which deposit and withdrawal options are available at DONGXING FUTURES, such as credit cards, PayPal, Skrill, or cryptocurrencies?

WikiFX رد

Based on my experience and the information available, DONGXING FUTURES only supports bank wire transfers for both deposits and withdrawals—there’s no mention of popular alternatives like credit cards, PayPal, Skrill, or cryptocurrencies. This limited payment method is important to consider, especially if you’re accustomed to the speed and flexibility of modern e-wallets or card payments. For me, the lack of diverse funding options is a significant drawback because it restricts how quickly and conveniently I can move funds in and out of my trading account, which sometimes impacts my flexibility in managing risk or responding to market opportunities. Another aspect that caught my attention is their withdrawal policy: when requesting a withdrawal, their system freezes the handling and other related fees, and only 90% of available funds can be withdrawn the same day, with the remaining 10% released for transfer the next day. As a cautious trader, I view these additional steps and delays as potential friction points—especially compared to brokers that allow near-instant full withdrawals through various means. With only traditional bank transfers and the additional constraints on withdrawal timing, DONGXING FUTURES doesn’t offer the kind of quick or seamless fund movements that I’ve come to expect from many modern brokers. This factor alone would lead me to proceed carefully and ensure I’m comfortable with the slower, more restrictive process before committing significant capital.

Broker Issues

DONGXING FUTURES

Deposit

Withdrawal

09-06

الولايات المتحدة

Mansuber007

1-2 سنة

Could you break down the total trading costs involved for indices such as the US100 when trading on DONGXING FUTURES?

WikiFX رد

Based on my experience and after carefully evaluating what DONGXING FUTURES offers, I must clarify that as of now, DONGXING FUTURES does not provide access to trading indices such as the US100. This broker is specifically licensed for futures and options trading under Chinese regulation, and their tradable instruments are limited to those categories. There are no offerings for indices, forex, commodities, or other popular international products. For someone interested in index futures like the US100, this represents a critical limitation that cannot be overlooked. Additionally, even within their core offerings, DONGXING FUTURES provides little transparent information about trading conditions such as commission rates, spreads, or any other correlated expenses. The absence of demo accounts also prevents potential clients from testing or estimating these costs first-hand, which introduces additional uncertainty. As a trader, I always look for clear disclosures and the ability to practice before committing real capital, especially when trading regulated market products. Given these factors, it would be prudent to be cautious and seek another broker if your primary interest is trading global indices like the US100. It is essential to ensure that your chosen platform not only offers the desired products but also maintains transparency about total trading costs. Proceeding with incomplete information, especially in a YMYL context like trading, is not advisable for protecting your capital or managing your risk.

Broker Issues

DONGXING FUTURES

Fees and Spreads

07-27

الولايات المتحدة

Chris hagerman

1-2 سنة

Does DONGXING FUTURES charge any undisclosed fees when making deposits or withdrawals?

WikiFX رد

From my careful review and personal experience as a cautious trader, transparency around deposit and withdrawal fees is vital when evaluating any broker. With DONGXING FUTURES, the available information states that they process deposits and withdrawals exclusively via bank wire. Notably, for withdrawals, the system freezes both the handling fee and other applicable charges prior to daily settlement, allowing only 90% of available funds to be transferred out immediately; the remainder becomes accessible the next day. While this structure is clearly described, what stands out for me is the absence of comprehensive detail regarding the precise amount or percentage of these fees, or the handling charges themselves. I could not identify any explicit evidence of hidden or undisclosed fees; however, the limited information about the specific cost structure and the user feedback regarding withdrawal delays gives me pause. For me, dealing with brokers where all potential fees are fully spelled out before funding an account is essential. With DONGXING FUTURES, I exercise additional caution due to the lack of a demo account and the minimal transparency about trading conditions and costs. For anyone considering this broker, I strongly recommend clarifying all possible fees related to deposit and withdrawal with customer support before proceeding, to avoid any surprises and ensure funds remain accessible as expected.

Broker Issues

DONGXING FUTURES

Fees and Spreads

07-10

الولايات المتحدة