However, the margin financing and securities lending business is not free, and investors need to pay interest to brokers, which is only generated during the position of margin financing and securities lending transactions.
If you want to conduct margin trading, you need to open a margin account first, but this needs to meet certain conditions, mainly including:
The daily average amount of securities assets held in the 20 trading days before opening an account exceeded 500,000 yuan.
Margin accounts allow investors to trade in a leveraged way, but they need to meet certain conditions and pay interest.
Can I only open a financial account?
According to the regulations of the regulatory authorities, investors can only open a two-way account in a securities company for trading. Each customer can only open one financial account. If other brokers have already opened wealth management accounts, they need to cancel the original accounts before opening new ones.
In addition, at present, the margin account only supports the establishment of a three-party depository relationship with one bank card, and does not support the binding of multiple bank cards for the time being. This means that investors can only use the bank card bound to their margin account for fund transfer and settlement when conducting two-in-one transactions.
Investors should abide by the regulations of regulatory agencies and ensure that their trading behavior is legal and compliant. When conducting financial transactions, we should pay attention to the selection of appropriate securities companies and bank cards in order to conduct transactions and fund operations smoothly.