Futures is not a commodity, but a contract, which is a standardized tradable contract with certain mass products such as cotton, soybean and oil and financial assets such as stocks and bonds as the target.

Futures trading is a futures contract transaction between buyers and sellers in the form of open competition in commodity exchanges. Futures trading is also risky. After buying futures, there is no guarantee that it will go up or down. If you sell before the futures go up, you will have some losses, otherwise you will make money.

What do you need for a futures account?

There are no special conditions for futures accounts. However, those who need to open an account must be residents aged 65,438+08 and above, and those over 60 need to open an account at the counter. Futures accounts do not charge any fees.

Futures account has two ways, one is to open an account online, and the other is to open an account with a futures company.

If you choose to open an account online, you need to download the futures trading software and follow the account opening process.

If you choose a futures company to open an account, you need to prepare your ID card and bank card, and the staff will assist you.