1. Precious metal futures (hereinafter referred to as precious metal futures) are futures contracts with gold as the subject matter. Investors can buy and sell gold at a fixed price at some time in the future according to the quotation, instead of buying and selling like stocks. Investors need to pay a certain amount of futures margin when trading, and precious metals investment will also pay a part of futures margin when trading. However, if investors trade precious metals, they must pay the full futures deposit to complete the futures account.
2. At present, there are only Shanghai Gold Exchange, Shanghai Futures Exchange and Shanghai International Energy Exchange Center in China. The Shanghai Gold Exchange is listed on the Shanghai Futures Exchange, and investors only need to prepare their ID cards and bank cards. Generally, online account opening is supported, and transactions can be made directly after account opening.
3. The listed precious metal trading platforms are: Shanghai Futures Exchange, Shanghai International Energy Trading Center and Shanghai International Energy Trading Center. These three platforms are directly supervised by the CSRC, and investors can trade after opening an account, without any investment in account funds.
The conditions of precious metal futures account are simple, just 18 years old. Futures account, a precious metal, has special conditions. It is suggested that you can apply for a commodity futures account first, and then through the simulation software. Trading can be done through trading software without audit. After the transaction software is completed, the account funds can continue to be traded.