Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Solotim
Within 1 year

What major risks or drawbacks should I consider before using GUOSEN FUTURES?

Broker Issues
GUOSEN FUTURES
Regulation
08-10
United States
WikiFX
Reply

In my hands-on experience as a trader, I always approach new platforms with caution, especially when considering local brokerages such as GUOSEN FUTURES. Although GUOSEN FUTURES is officially regulated by the China Financial Futures Exchange (CFFEX), which certainly lends credibility and a layer of investor protection, I found several concerns that would give me pause. First, the account opening process with GUOSEN FUTURES is notably lengthy and complex. Unlike many international brokers where onboarding is relatively smooth, here you’re required to complete assessments, sign various documents, and navigate time-consuming steps. For me, such friction can lead to delays and frustration, which is particularly significant if you value quick market access or need to respond to fast market changes. Another key issue is the lack of a demo account. Demo environments are crucial for me to familiarize myself with a broker’s unique platform quirks, and without one, I would be risking live capital without a proper trial. This is a conservative red flag, especially considering their software is proprietary and reviews mention an outdated interface and slow trade execution. Both individually and together, these can impact trading effectiveness and add uncertainty. Support also feels weak. The available communication channels are limited and user feedback indicates that customer service can be unresponsive or generic, which is troubling during urgent situations. In my view, the combination of these operational drawbacks with the platform’s legitimate regulatory footing means GUOSEN FUTURES might not be the right fit for all traders—at least not without significant due diligence and measured expectations.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com