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In my experience with SHENGDA FUTURES, the commission structure is not comparable to what one might expect from ECN or raw spread forex accounts. SHENGDA FUTURES is a China-based and regulated brokerage primarily focused on futures trading, not forex. The official information makes it clear they do not offer forex, indices, stocks, or spot-based trading—only futures contracts. As such, the conventional concepts of ECN or raw spread accounts, which are common in forex markets, do not directly apply here. For me, the key point was understanding that futures trading with a broker like SHENGDA usually involves a commission which varies by the commodity, contract, and even the branch office. This means there isn’t a one-size-fits-all “per lot” commission as found in many global forex firms; you need to consult their website for details on particular instruments. I have noticed that compared to platforms more familiar to international traders, commission structures in the Chinese futures market can be less transparent and may require closer scrutiny. Based on my own cautious approach, I strongly advise anyone—especially those used to forex ECN models—to verify the exact fee structure for each contract directly on SHENGDA FUTURES’ official website before trading. This is especially important with YMYL services, as fee misunderstandings can seriously impact your financial health.