As someone who has personally navigated the challenges of choosing safe and reputable brokers, I pay close attention to regulatory status. In my experience, Hicend stands out as a broker that is indeed regulated, which provides a crucial layer of oversight and credibility—something I never take lightly when evaluating where to trade. Specifically, Hicend operates under the supervision of the China Financial Futures Exchange (CFFEX), holding a valid futures license under the entity name 海证期货有限公司 (Hicend Futures), with their license number listed as 0155. This regulatory backing indicates that Hicend is authorized to offer futures trading services within China, and, for me, this helps establish a fundamental baseline of accountability and client protection. Of course, being regulated does not guarantee that all aspects of a broker’s operations will perfectly meet every trader’s needs or personal standards. However, in the context of financial trading—especially where capital is at risk—knowing that a broker is overseen by a recognized regulatory authority such as CFFEX provides important reassurances. For me, these reassurances play a significant role in my decision-making process, especially when compared to unregulated or offshore entities where recourse can be limited or unclear. Ultimately, while regulation is only one part of broker due diligence, I consider Hicend’s status with CFFEX an essential factor for anyone considering opening an account.