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ZHESHANG -

Score

7.79 /10
Good

ZHESHANG

China

5-10 years

Regulated in China

Futures License

Suspicious Scope of Business

Medium potential risk

http://www.cnzsqh.com/

Influence

C

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Comparison

Quantity 5

Exposure

Open Account
Website

Score

Regulatory Index7.83

Business Index7.46

Risk Management Index8.90

Software Index7.05

License Index7.83

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

浙商期货有限公司

Company Abbreviation

ZHESHANG

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts
Previous Detection : 2025-05-02
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Exposure

5 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Scam platform

The platform brags about their teachers and asks clients to buy position largely without setting the stop-loss price.

WANGRIDEHUIYI
2020-02-22 16:04
Scam

1 million or so losses caused by ZheSang ?

Key words: ZheSang , manaer Li, Teacher Xie, Dream chaser, Teacher Chen, Unable to withdraw, XAU/USD, crude oil and future. At first, a stranger, who pro-claimed as the manager Li from Nine o’clock Finance, told me about the advantages of international future and their professional teachers. I was induced to deposit and the nightmare began. Now I figured out that it is a scam platform.From October 30th, each order given by teacher Xie was wrong. I didn’t want to trade anymore since the loss was overriding profits. The the manager arranged the Dream Chaser for me. At first, I made some profits. The teacher emphasized that we must follow his instruction. During 12 to 13, the teacher told me not to close position or stop loss, resulting in my losses of $15000!

LanQ88666
2019-12-23 16:55
Scam

Constant losses

I knew this platform accidentally. Though I have never traded before, I did made some money by trading stock with the help of the master. With his promise that I could make profits, even multiple within one week, so I said yes. He urged me to open an account as soon as possible. Having considered overnight, I opened an account and deposited a half of my savings these years, 340000 RMB, into the account. However, with the master’s several guidance,I made huge loss. He tried to comfort me and promised to earn my money back double. But I made a constant losses of 290,000 RMB within a week.The master didn’t give me a reasonable explanation but urged me to add fund to earn my losses back,which made me disilluded totally.Having refused to add more and stopped the trade, I was removed out of the group immediately. I tried to contact the master, got no reply, and was deleted and blacklisted by him later.

FX2603304482
2020-01-09 15:56
Scam

Scam ZHESHANG made me bankrupted.

Key words: ZHESHANG , manaer Li, Teacher Xie, Dream chaser, Teacher Chen, Unable to withdraw, XAU/USD, crude oil and future. At first, a stranger, who pro-claimed as the manager Li from Nine o’clock Finance, told me about the advantages of international future and their professional teachers. I was induced to deposit and the nightmare began. Now I figured out that it is a scam platform.From October 30th, each order given by teacher Xie was wrong. I didn’t want to trade anymore since the loss was overriding profits. The the manager arranged the Dream Chaser for me. At first, I made some profits. The teacher emphasized that we must follow his instruction. During 12 to 13, the teacher told me not to close position or stop loss, resulting in my losses of $15000! All my saving s was gone. My mother is now in the hospital for a heart surgery. I even couldn’t afford the 50000 RMB deposit. I am hopeless. Looking at my mother, I have no idea but to move on. My friend, who is a lawyer, tells that I have encountered with scam. I have called the police, only to get my money back.

LanQ88666
2020-01-02 16:08
ZHESHANG · Company summary
ZHESHANG Review Summary
Founded1995
Registered Country/RegionChina
RegulationCFFEX
Market InstrumentsCommodities, Shares, Bonds, Futures and options
Demo Account❌
Trading PlatformZhe Shang APP, Zhe Shang Caixin APP, Hang Seng Online Trading System 5.0 (Fens) version, Bo Yi Master Lightning Hand...
Min Deposit/
Customer SupportEmail: zsqh@cnzsqh.com
Physical Address: Floor 9-12, East Building, Caitong Shuangguan Building, No. 198 Tianmushan Road, Xihu District, Hangzhou City, Zhejiang Province

ZHESHANG is a financial broker registeredin China in 1995. It offers five types of trading instruments and supports trading through multiple platforms. In addition, ZHESHANG operates under legal regulation and strictly complies with legal requirements.

ZHESHANG Review Summary

Pros and Cons

ProsCons
Multiple platforms supportLack of detailed info on fees
Legal regulation
Multiple trading choices
Long history of operation

Is ZHESHANG Legit?

ZHESHANG holds a futures license, issued by the China Financial Futures Exchange, with a license number of 0009, which indicates that this broker operates under strict laws.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
Is ZHESHANG Legit?
China Financial Futures Exchange (CFFEX)ZHESHANG FuturesFutures License0009
Is ZHESHANG Legit?

What can I trade on ZHESHANG?

ZHESHANG provides multiple financial service, which mainly includes Commodities (agricultural products, industrial products), Shares, Bonds (Macro Treasury Bonds), Futures and options.

Tradable InstrumentsSupported
Forex❌
Commodities✔
Options✔
Indices❌
Cryptocurrencies❌
Stocks✔
Bonds✔
Mutual Funds❌
Futures✔
What can I trade on ZHESHANG?

How to Open an Account on ZHESHANG?

Opening an account in ZHESHANG is fairly complex and you need to follow these steps:

(1) Visit the website and click [Online Account Opening] to enter the online account opening processing page;

(2) Fill in your ID number and graphic verification code, and click [Next]. You will need to enter your mobile phone number to register and log in to obtain a verification code;

(3) Upload your ID card and your handwritten signature;

(4) Complete other details;

(5) Complete the [Investor Risk Assessment Questionnaire];

(6) Choose your prefered Future Exchanges;

(7) Video verification;

(8) Set the digital certificate password and install it;

(9) Sign Agreement;

(10)Completes the [Return Questionnaire];

(11) Click Application Submission.

How to Open an Account on ZHESHANG?
How to Open an Account on ZHESHANG?

Trading Platform

ZHESHANG offers various trading platforms based on the products you choose. The platforms includes Zhe Shang APP, Zhe Shang Caixin APP, Hang Seng Online Trading System 5.0 (Fens) version, Bo Yi Master Lightning Hand, Yi Sheng Polaris, Fuyuan Online Quotation System Hang Seng version, Yi Sheng V8 Client, Wenhua WH6 Winshun Trading Software, Yi Sheng V8 Institutional Client, Yi Sheng Polaris 9.3.32 Internal and External Arbitrage Client, and Zhe Shang Futures MC9.1 Client. The client of ET Net, MC9 of Zheshang Futures, and CTP products of Pathfinder Flagship Edition, etc.

Trading Platform
Trading Platform

Deposit and Withdrawal

ZHESHANG provides different deposit and withdrawal methods.

  • Clients who have applied for bank transfer can access their funds through telephone banking, futures trading software, and online banking. The supporting banks include ICBC, ABC, BOC, CCB, SPDB, CITIC, CMB, IBK, CMBC, Everbright, and Ping An Bank.
  • Institutional clients and individual clients who haven't applied for bank futures transfers can make deposits by filling out a deposit voucher.
Deposit and Withdrawal
Deposit and Withdrawal

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浙商期货成立于1995年，总部位于杭州，注册资本13.71亿元，系浙江省交通投资集团旗下国有控股企业，拥有AA级期货公司资质，综合实力稳居行业前十。公司业务覆盖商品期货、金融期货、资产管理及风险管理等领域，在全国设有24家营业部及8家分公司，形成了辐射经济发达城市的服务网络。 作为行业标杆，浙商期货以合规运营为基础，注重风险管理与技术创新。其自主研发的“企智汇”数字平台，通过投研一体模式为实体企业提供全流程风险管理解决方案，相关成果获金融科技发展奖。在服务实体经济方面，公司创新推出“保险+期货”模式，累计为17个省份的农户提供超60亿元风险保障，并通过“先交货、后点价”等机制助力产业链优化。 技术层面，浙商期货提供多套交易系统，包括支持高频交易的CTP系统、期权策略工具及移动端APP，满足不同投资者需求。研究团队覆盖能源、化工、农产品等领域，多次获交易所优秀分析师团队称号。公司近年获“年度卓越期货机构”“最佳乡村振兴服务奖”等荣誉，2024年入选浙江省服务业领军企业。 需注意的是，浙商期货曾因历史上的系统接入管理问题受到监管处罚，但后续通过强化风控体系及合规建设，行业地位逐步恢复。总体而言，其凭借国企背景、专业研究能力及创新服务，适合注重风控与产业服务的投资者，但高频率交易者需关注手续费成本结构。
浙商期货成立于1995年，总部位于杭州，注册资本13.71亿元，系浙江省交通投资集团旗下国有控股企业，拥有AA级期货公司资质，综合实力稳居行业前十。公司业务覆盖商品期货、金融期货、资产管理及风险管理等领域，在全国设有24家营业部及8家分公司，形成了辐射经济发达城市的服务网络。 作为行业标杆，浙商期货以合规运营为基础，注重风险管理与技术创新。其自主研发的“企智汇”数字平台，通过投研一体模式为实体企业提供全流程风险管理解决方案，相关成果获金融科技发展奖。在服务实体经济方面，公司创新推出“保险+期货”模式，累计为17个省份的农户提供超60亿元风险保障，并通过“先交货、后点价”等机制助力产业链优化。 技术层面，浙商期货提供多套交易系统，包括支持高频交易的CTP系统、期权策略工具及移动端APP，满足不同投资者需求。研究团队覆盖能源、化工、农产品等领域，多次获交易所优秀分析师团队称号。公司近年获“年度卓越期货机构”“最佳乡村振兴服务奖”等荣誉，2024年入选浙江省服务业领军企业。 需注意的是，浙商期货曾因历史上的系统接入管理问题受到监管处罚，但后续通过强化风控体系及合规建设，行业地位逐步恢复。总体而言，其凭借国企背景、专业研究能力及创新服务，适合注重风控与产业服务的投资者，但高频率交易者需关注手续费成本结构。
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2025-04-03 16:11
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