As for opening a futures account, the entry threshold is relatively low. The first condition is that you are over 18 years old, and you only need to provide your ID card and bank card as basic account opening materials. It is worth noting that the account opening process is free, and there is no need to pre-deposit funds in the bank card when opening the account.
Currently, futures account opening supports a wide range of bank cards, including the five major state-owned banks including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications, as well as Industrial Bank, Shanghai Pudong Development Bank, and Minsheng Bank , China CITIC Bank, China Everbright Bank and China Merchants Bank and other six joint-stock commercial banks. This means that users have a wide range of financial options to choose from when choosing to open an account.
In the early stages of account opening, users will receive trading codes for the Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange, which means they can trade futures products from these three exchanges. Therefore, investors who want to get involved in the futures market only need to meet the basic age and ID requirements, choose a suitable bank card, and start their futures trading journey.