What are the conditions and procedures for opening crude oil futures accounts?

Conditions for opening an account for crude oil futures （ New rules on appropriateness ）：

Opening an account for crude oil futures is actually to open the trading authority of crude oil futures on the basis of commodity futures accounts , After opening authority , Investors only need to log in to their original commodity futures account to trade crude oil futures . The account opening conditions of crude oil futures under the new rules of appropriateness can be divided into the following three situations ：

Situation 1 ： The customer's account has traded at least in the past year 50 A trading day

The suitability evaluation grade is C4 Crude oil futures can be directly opened at grade , No capital verification 、 No exam required .

Situation two ： The customer account has financial futures 、 Trading authority of stock index options or stock options , Or the accounts of other futures companies have the trading authority of crude oil futures

Crude oil futures can be opened directly , No capital verification 、 No exam required .

Situation three ： Customers who do not meet the above conditions 1 and 2 , The following conditions must be met ：

1、 Suitability requirements ： The investor suitability assessment test has reached C4 level .

2、 Knowledge testing ： Pass the basic knowledge test of Futures . Online examination is enough , You don't need to come to the Sales Department .

3、 Trading experience ： In the past three years, the accumulative total shall not be less than 10 Transaction records of futures or options , Or not less than in total 10 A trading day 、10 Transaction records of more than futures simulation transactions .

4、 Capital verification requirements ： Before the opening of crude oil futures 5 A trading day , The funds available in the margin account shall not be less than 50 Ten thousand yuan （ Institutional clients are 100 Ten thousand yuan ） RMB or foreign currency equivalent .

5、 Individual clients have full civil capacity ; Institutional clients have a sound futures trading management system and information notification system .

Crude oil futures account opening process （ New rules on appropriateness ）：

Opening an account for crude oil futures is actually to open the trading authority of crude oil futures on the basis of commodity futures accounts , After opening authority , Investors only need to log in to their original commodity futures account to trade crude oil futures , Its first account opening process ：

1、 Account opening preparation .

Information that investors need to prepare or carry in advance ： Id card 、 Bank card 、 mobile phone .

2、 Open commodity futures account .

The opening of commodity futures account can download the official mobile phone of Founder medium term futures APP—— Fang Xiaoqi , You can complete the account opening process by yourself on your mobile phone , Fang Xiaoqi APP You can scan the QR code at the top of the website to download .

3、 Meet the transaction experience conditions .

Use commodity futures accounts to complete at least 10 A firm transaction of commodity futures or options , perhaps , The cumulative completion is not less than 10 God 、10 More than futures simulation trading .

4、 Account capital verification .

The account opening of crude oil futures requires continuous capital verification 5 A working day , The funds available in the margin account shall not be less than 50 Ten thousand yuan （ Institutional clients are 100 Ten thousand yuan ） RMB or foreign currency equivalent .

5、 Basic knowledge test of futures .

Online examination is enough , You don't need to come to the Sales Department . Please contact me to help you complete .

6、 Opening of crude oil futures trading authority .

After completing the above steps and providing relevant materials , Futures companies can apply for opening crude oil futures for investors .

Other information about the account opening process of crude oil futures ：

The customer's account has been traded at least in the past year 50 A trading day , Or the customer account has financial futures 、 Trading authority of stock index options or stock options , Or the customer's account in other futures companies has the trading authority of crude oil futures , You can contact the account manager of the futures company to sign relevant materials , Open crude oil futures directly , No capital verification 、 No exam required .