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How to open an account for steel futures? How much is the transaction fee?
First, steel futures account conditions.

1, in line with national laws, regulations and policies; (It must be China nationality, and compatriots from Hong Kong, Macao and Taiwan cannot trade domestic futures for the time being. )

2. Having the necessary funds or assets to engage in the exchange (introducing an account opening capital of 20,000 yuan, the minimum capital for entering the market 1 10,000 yuan);

3. The account holder and the transaction executor must be at least 18 years old and have full capacity for civil conduct.

Second, steel futures account information

1. Opening an account by a natural person (ordinary investor): original ID card and bank card; The account holder himself must open an account on site.

2. Opening an account by a legal person (institutional investor): a copy of the business license of the enterprise of the account opening unit, the legal representative, the instruction issuer, the ID card of the fund payer and the tax registration certificate.

Three. Flow chart of steel futures account

4. How much does it cost to trade steel futures?

Each steel futures contract is expected to be around 6000 RMB. Investors are advised to invest at least 20,000 RMB for trading, otherwise the risk of account fluctuation is high (note: the minimum capital for trading agricultural futures is 1000 RMB). All financial futures transactions belong to high-risk areas with high expected annualized returns. Sinosteel Futures Network recommends that you invest with idle funds as much as possible.