Futures are divided into commodity futures and stock index futures. Futures account is the behavior of investors to open futures accounts and capital accounts, and the two futures have different requirements for opening accounts.

Commodity futures

There is no minimum capital requirement for opening a commodity futures account. As long as 18 years old or older, you can bring your valid ID card and bank card (currently supported by ICBC, ABC, BOC, CCB, Bank of Communications, Xingye, Pufa, Minsheng, CITIC, China Everbright and China Merchants Bank) to the banking business department.

Stock index futures

To open a stock index futures account and apply for stubborn coding from CICC, the following three conditions need to be met:

1. Investors should have relevant futures knowledge, take the knowledge test at the account opening site, and score no less than 80 points.

2. Experience in 10 commodity trading.

3. The total assets of the futures fund account are more than 500,000 yuan.

After meeting the futures account conditions, the specific procedures are as follows:

The first step is to prepare relevant documents, including my original ID card, bank card or passbook.

Step 2, bring the required materials to the business department of the futures company's business outlets for account opening procedures.

Step 3: The futures company issues a risk disclosure and futures trading rules to customers, explaining the risks and basic rules of futures trading to customers.

Step 4: Sign the risk statement of futures trading, futures brokerage contract, bank transfer and other agreements.

Step 5, the futures company provides customers with a special account for futures trading funds.

Step six, save money.

The seventh step is online trading.

In addition to opening accounts in banks, there are also some financial institutions that provide accounts.