CFFEX — China
华宝期货有限公司
Regulated · No. 0121
HWABAO FUTURES Review — Overview
Regulation
Offshore regulated
Licence
CFFEX · No. 0121
Licence status
Regulated
Platforms
Huabao Futures-Boyi Cloud, Huabao Futures-Wenhua Yingshun WH6, Huabao Futures-Quick Futures V2 +6 more
Min. deposit
$50
Max. leverage
1:30
Instruments
Forex, Indices, Commodities, Futures
Operating
Est. 2003
Main market
JP
Entity
华宝期货有限公司
Website
Unknown
HWABAO FUTURES is a forex & CFD broker based in China, established in 2003. On Trust Broker Hub it holds a Trust Score of 6.2 out of 10, which we rate as Fair — above the 5.3/10 average for brokers that hold a verified licence. Mixed profile — check regulation and conditions before depositing.
HWABAO FUTURES's licence comes from an offshore jurisdiction (CFFEX). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
HWABAO FUTURES provides access to Forex, Indices, Commodities, Futures. Published conditions include a minimum deposit of $50 and leverage up to 1:30. No complaints are currently on record. Overall, HWABAO FUTURES has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?
Weighted total
6.90
Data completeness
8 of 10 facts verified
80% ×0.90
Trust Score
6.2 / 10
Trust Score history
HWABAO FUTURES currently scores 6.2/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a CFFEX licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, Indices, Commodities, Futures |
| Minimum deposit | $50 |
| Maximum leverage | 1:30 |
| Typical spread | Not disclosed |
| Platforms | Huabao Futures-Boyi Cloud, Huabao Futures-Wenhua Yingshun WH6, Huabao Futures-Quick Futures V2, Huabao Futures-Quick Futures V3, Huabao Futures-YiJinjing, Sinosteel Futures-econsign6.46, Huabao Futures-Easy Star 8.5, Huabao Futures-EasySheng Order 8.3, T |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on HWABAO FUTURES
Our analysis · editorial
6.2/10
A mixed risk profile
HWABAO FUTURES is regulated in an offshore jurisdiction (CFFEX), which offers lighter oversight than tier-1 regimes. Based in China, it has been operating for about 23 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 6.2/10 — a mixed profile.
Strengths
- Long 23-year operating track record
- No complaints on record with us
- Supports Huabao Futures-Boyi Cloud & Huabao Futures-Wenhua Yingshun WH6 trading
- Accessible minimum deposit ($50)
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
HWABAO FUTURES — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag HWABAO FUTURES here if that changes.
Full specifications
Regulated region
China
Operating period
5-10 years
Main market
JP
Licensed entity
华宝期货有限公司
License status
Regulated
Instruments
Forex, Indices, Commodities, Futures
Year founded
2003
Frequently asked
Is HWABAO FUTURES a safe broker?
HWABAO FUTURES scores 6.2 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It is only offshore-regulated, which means weaker protection. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
How is the HWABAO FUTURES trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from HWABAO FUTURES?
HWABAO FUTURES publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.