Before entering the futures market, individual investors should first choose a brokerage company with legal agency qualification, good reputation, safe funds, standardized operation and reasonable fees.
Then bring the original personal ID card and bank account number (China, agriculture, industry, construction and exchange can be designated by the CSRC, and if you need to handle the bank transfer business, you can bring your bank card according to the requirements of the futures company) to the futures brokerage company.
The specific procedures are as follows:
First, risk disclosure. You will read a risk disclosure book for futures trading (the risk disclosure book is unified and standardized throughout the country). When you read and understand it carefully, sign it.
Second, sign a contract. The futures brokerage company will provide you with an entrusted transaction agreement in duplicate, clearly stipulating the rights and obligations between the futures brokerage company and the customer. When you read and understand it carefully, sign it.
Third, the application code. You also need to fill in the futures trading registration form and fill in some basic information about yourself on the form. The futures brokerage company will apply for a unique futures trading code for you in three futures exchanges (Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange).
Fourth, the account opening is completed. After the above procedures are completed, the futures brokerage company will hand you a futures brokerage contract, a trading order stamp card and a fund allocation stamp card. In this way, the account opening work is completed.
A: Natural persons without or with limited capacity for civil conduct, or staff members of futures regulatory departments and futures exchanges, or staff members of futures companies and their spouses, or persons prohibited from entering the futures market, may not become clients of futures brokerage companies.
At present, the CSRC has no explicit provisions on the minimum amount of funds for futures investors to open accounts, which is left to the discretion of each company.
Generally, futures companies require the deposit for opening an account to be not less than 50,000 yuan. However, in practice, with the different scale of futures companies and different trading methods, each company has a certain floating space for opening an account.
A: Yes. However, according to the principle that the transaction code corresponds to the ID card, the transaction code obtained by opening an account with the same ID card in different futures brokerage companies is the same.