Individual investors commodity futures investors account opening conditions:
1. To open an account, a natural person must be a citizen who has reached the age of 18 and has full capacity for civil conduct.
2. The account holder must open an account in a true and legal capacity.
3. The account holder must ensure the legality of the source of funds.
4. The customer shall guarantee the authenticity, legality and validity of the ID card and other relevant materials provided.
5. According to the Regulations on the Administration of Futures Trading and relevant laws and regulations, the following individuals are not allowed to engage in futures trading:
1) Staff of the State Council Futures Regulatory Authority, Futures Exchange, Futures Margin Depository and Monitoring Administration and Futures Industry Association;
(2) It is forbidden to enter the securities and futures markets;
3) Individuals who cannot provide proof of account opening;
(four) other individuals who are not allowed to engage in futures trading as stipulated by the the State Council futures regulatory authority;
(5) Persons without or with limited capacity for civil conduct;
(6) Staff members of futures companies and their spouses;
7) Staff members of China Securities Regulatory Commission and its dispatched offices, futures exchanges, futures margin depository monitoring institutions, China Futures Association and their spouses.
For investors who already hold securities accounts and open capital accounts, there is no need to re-open accounts, but they can go directly to the business department of the sponsoring brokerage firm with relevant suitability certification materials and go through the formalities for opening the trading authority of listed securities on the spot. Generally speaking, investors must go through the following steps to open the trading authority of listed securities: Step 1: Appropriateness review. Investors must at least bring the following certification materials to the business department of the sponsoring brokerage firm for appropriateness review. Proof materials required for the suitability review of natural person investors: (1) business documents stamped with the special business seal of the business department, which prove that the market value of the securities assets of the investor at the end of the previous trading day is more than RMB 3 million, and the investor has more than two years of securities investment experience; (2) Other supporting materials. If an investor cannot provide more than two years' experience in securities investment, he shall provide proof of his professional background or training experience in accounting, finance, investment, finance and economics. According to the examination of the above materials, the counter staff of the business department of the sponsoring securities firm shall confirm whether the investors meet the investor suitability requirements of the national share transfer system. Proof materials required for institutional investors' suitability review: business license or registration certificate (copy) of the institution and its copy or a copy stamped with the confirmation seal of the issuing authority.