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Huaan Futures is regulated by the China Financial Futures Exchange (CFFEX), which provides oversight to ensure compliance with industry standards within China. Holding a Futures License (No. 0147) under the CFFEX means Huaan Futures operates within the legal framework set by this regulatory body, offering some protection to traders. While it is regulated in China, the broker’s reach is mainly focused on the domestic market. As a trader, I value CFFEX regulation as it guarantees adherence to local financial standards. However, I would caution international traders who might find limited access and fewer protections compared to brokers regulated in other regions like the UK or US. Given Huaan Futures’ primary focus on China, it's essential to consider whether this suits your trading needs, especially if you are from outside China.