Key points for account opening of futures companies

With the development of society and the progress of the economy, many people will choose to invest in some stocks or some experience to improve their economic benefits.But there are some experienced people who are not limited to these two, and some people also invest in some futures.So many people don't know what futures mean, so today we want to talk about what conditions we should have and how we should invest when we open an account in futures.

To open a futures account, you must be at least 18 years old and not a futures practitioner.Have your ID, bank card and a mobile phone ready.There are currently two main ways to open a futures account:

1. Go to the sales department to open a paper account on site.Just go to the sales department with your ID card, bank card and mobile phone, and there will be special account opening personnel to guide you.If the futures company you choose has a sales office in your city, you can choose this method, but it is generally not recommended, as there are many procedures and time-consuming.

2. Open an account online.Prepare an ID card, bank card and a mobile phone, download the futures account opening cloud APP or the APP of the futures company of your choice, and follow the process prompts to open an account, which can be completed in ten minutes, which is very convenient and has no geographical restrictions.can do it.

Choosing a futures company is critical.Mainly focus on the following points:

1. Formality: When opening a futures account, you must choose a regular futures company, and stay away from illegal fund allocation and single-order platforms.There are a total of 149 regular futures companies, and the list of futures companies can be inquired in the supervision objects on the official website of the China Securities Regulatory Commission.In addition, regular futures companies are members of the China Futures Association. You can check the association members column on the official website of the China Futures Association. You can also check the rankings and ratings of futures companies in the Futures Association for reference.

2. Handling fee and margin: these can be lowered by the account manager after opening an account, just ask the account manager to negotiate.The minimum standard for the handling fee is the exchange fee plus 1 cent, and the minimum standard for the deposit is the exchange margin plus 0%. If you open an account directly on the official website of the futures company, it will default to a higher standard.

3. Trading channel: The CTP channel is currently recognized as the best trading channel in the industry. AA-rated futures companies and some A-rated futures companies use the CTP channel. The transaction speed is fast, the efficiency is high, and there is no order placement.In the event that the transaction cannot be completed later, unnecessary losses may be avoided.