Domestic crude oil was listed and traded in China Energy Futures Exchange on March 26th, 2065438+2008, which is the only national crude oil trading platform in China. Just come to our futures company to open an account.

But there are certain conditions for opening an account for crude oil:

1. There are ten futures transactions (or twenty simulated futures transactions for ten consecutive trading days). Therefore, you must first come to the futures company to open a futures fund account (there is no additional requirement for this).

Two, five trading days before the opening of the crude oil trading authority, the available funds in the futures account must be greater than or equal to 500 thousand (it doesn't matter how much money is in the account after the opening of the crude oil trading authority).

Simply put, do ten futures transactions, and then use 500,000 funds to make crude oil futures.

Crude oil futures are also based on barrels in China, and the first-class crude oil futures 1000 barrels.

The funds required for primary crude oil are: price of crude oil per barrel * contract unit (1000)* margin rate.

The margin rate of the exchange is 7%, and the margin rate of futures companies will be more than that of the exchange, ranging from 7% to 12%.

So according to the current price of 473 yuan per barrel of crude oil:

The margin for first-class crude oil is: 473 *1000 * (7%-12%) = 331/0 to 56760.

The margin ratio can be discussed with our futures company. Crude oil prices will also affect profit margins.

I hope it works for you.