I. Operation Methods of Futures
1, the futures account is completely free, and there is only a handling fee for futures trading, and no other fees will be charged in any form.
2. All futures funds are transferred by bank. After opening the bank transfer business, you can freely transfer money between the bank account and the futures account, and complete all operations through online banking, with no cash flow. All major cooperative futures companies have signed agreements with the CSRC, and all customers' bills of fund transactions can be found on the website of China Futures Margin Monitoring Center, a subsidiary website of the CSRC. The funds are absolutely safe and reliable. (Note: Bank-Securities Transfer is similar to Bank-Securities Transfer and Bank-Securities Connect, and it is a way to safely invest in the futures market through banks. ) 3. Regular futures trading hours are from 9: 00 am to 1 1: 30 pm and end at 1: 30 pm. All futures channels that advertise 24-hour trading are illegal agents of foreign electronic disks. Investors should not believe the illegal trading channels of some investment companies in the name of foreign gold futures agents.
Second, the characteristics of futures trading
1, small and wide
Futures trading adopts the margin system, and only 5%- 10% margin is required to trade 100% funds. For example, what is the trading unit in futures? Hands? Futures wheat is now 2000 yuan/ton, and 1 ton is 1 lot. It is said that1lot should be 20000 yuan, but as long as you pay a deposit of 20000*8%= 1600 in futures, you can buy and sell first-hand wheat.
2, two-way operation, simple and fast.
There is a short-selling mechanism in futures trading, that is, you can sell a commodity before you own it. When forecasting a rise, buy a position and then sell it to close the position, just like a stock; When forecasting a decline, sell and open a position, then buy and close the position. You can't buy stocks, but futures can.
3. High transaction efficiency
In futures trading, the hedging mechanism of futures contracts can be used to offset the buying or selling contracts, without considering trivial links such as acquisition, transportation, storage and sales.
4. Contract performance is guaranteed.
Futures trading adopts the daily debt-free settlement system, which can not only effectively ensure the safety of your funds, but also cash your investment at any time.
Third, the comparison between futures investment and stocks.
1. Similarity: Both stocks and futures are strictly supervised by the China Securities Regulatory Commission, and are traded in a centralized and open manner on the exchange. Trading orders are issued by telephone or internet, and trading is conducted through the computer of the exchange. 2. Difference: (1) Stock trading is carried out with 100% of the turnover, while futures only need to pay a deposit of 5- 10% of the turnover, and the capital utilization rate is enlarged by 10-20 times.
(2) Stock trading is a one-way transaction, that is, you can only buy first and then sell, and you can make a profit in a bull market. Futures trading is a two-way transaction, that is, you can buy first and then sell, or you can sell first and then buy. Bull market and bear market can be profitable, and the trading opportunity is twice that of stocks.
(3) T+ 1 is used for stock trading. Futures trading is T+0 trading, which can be bought and sold at will and operated in short term.
(4) There are many trading methods in the futures market, such as pure trading, period arbitrage, cross-market arbitrage, cross-variety arbitrage and option trading. The stock market has a single means.
Third, the difference between futures trading and stock trading.
1, different ways of buying and selling
Futures is a two-way transaction, which can be short or short. When the price rises, you can buy low and sell high, and when the price falls, you can sell high and make up low. You can make money by doing more, and you can also make money by shorting. Stocks can only be bought first and then sold, and prices can only be profitable if they rise. If there is a price drop in the market, you can only stop loss or bear the loss. Market trading opportunities are reduced by half.
2. The leverage ratio is different
Leveraged trading is the charm of futures investment. Futures trading does not need to pay all the funds. At present, domestic futures trading only needs to pay a certain percentage of margin to gain control over the total contract value, and the leverage ratio is generally around 10%. Stock trading is a major transaction. You need to pay the full amount to buy stocks, and you can't raise money or short them. So the use of funds is inefficient.
3. Different market transparency.
The futures market is relatively transparent. Trading is concentrated on the exchange. What everyone trades is mainly the price and quotation of the underlying commodity. Sangong? Easily guaranteed. There is a need for a series of credit strengthening systems behind stock trading, and the information is easily distorted or leaked, and the transparency is poor, such as the financial audit, financial statements and the publication of major information of enterprises. If a link goes wrong, it may lead to a great loss of investment.
4. The transaction speed is different.
What is futures? T+0？ Trading can be closed within one day, with fast trading speed and high efficiency of capital use, and stop loss in time when encountering risks. Stock trading now? T+ 1？ Trading mode. Stocks bought on the same day will not be transferred to the account until the next trading day. In other words, you won't have the right to sell until the next trading day, which affects the efficiency of funds to a certain extent, and investors sometimes can't make timely adjustments when they encounter risk events.
5. The handling fee rate is different.