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Razzie87
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What are the key advantages and disadvantages of trading with CHINA DRAGON?

Broker Issues
CHINA DRAGON
Regulation
05-18
United States
WikiFX
Reply

As an experienced trader focused on trust, transparency, and regulatory security, I approach each broker with careful scrutiny. For me, CHINA DRAGON stands out primarily because it is regulated in China and holds a legitimate futures license from the CFFEX, which offers a foundational level of reassurance. I believe regulatory oversight helps reduce the risk of malpractice, so this is a positive starting point. CHINA DRAGON has been operating for 5–10 years, suggesting some business maturity, and it offers a decent array of self-developed trading platforms supporting both desktop and mobile. As someone who values flexibility in trading tools, their platform variety is certainly convenient. However, I have also noticed several significant limitations with this broker. The most obvious drawback is the very narrow product range—trading is limited to futures only. As someone who prefers to diversify into forex, indices, or commodities, I find this restrictive; traders looking for more asset classes will be disappointed. Another issue is the lack of clarity around account types, fees, and payment options. While margin fees apply, there is limited transparency about the overall fee structure. Payment channels are mainly bank transfers, and there is no clear information about deposit or withdrawal minimums or costs. This lack of detail makes it challenging for me to fully assess the broker’s competitiveness or hidden costs. In short, while CHINA DRAGON is well-regulated and offers reliable technology, its narrow focus and limited information mean I would approach it with measured caution, especially if my needs go beyond futures trading.

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