Because the commission cost of futures trading is relatively high, when we choose a platform, we should try to choose a platform with lower commission cost, which can reduce the transaction cost. Trading in the futures market does not require full payment of funds. We can get trading opportunities by paying part of the deposit, which is also commonly known as leveraged trading.

Futures implement T+0, two-way trading, and there is a short-selling mechanism. Because you can trade unlimited times a day, many novice friends are easy to operate frequently, and the transaction cost may rise sharply. Among them, the handling fee of the exchange is collected by the exchange and published by the official website of the exchange. As for the commission, it is collected by futures companies, and the level of commission is determined by different futures companies.

Moreover, to open an account in a brokerage company, futures traders need to sign a power of attorney, and the brokerage company will buy and sell for them and pay the handling fee. After the brokerage company has the right, it will handle futures trading according to the contents of the contract and complete it according to the customer's index.

In the first futures trading, you can choose to sell futures contracts first, or you can choose to buy futures contracts first. What you sell is called an empty position, which is often called an empty position. Buying is a long position, which is often called a long position.

Doing more short is the direction, and buying and selling futures contracts is called opening positions.

Opening a position requires buying and selling a certain number of futures contracts. For example, the first time you buy and sell a soybean futures contract, it is called an open position transaction. In the futures market, sales contracts are usually called forward delivery contracts. Open contracts are called positions.

: 1. What is futures?

Futures and spot are completely different. Spot is actually a tradable commodity. Futures are not commodities, but standardized tradable contracts based on commodities such as cotton, soybeans and oil and financial assets such as stocks and bonds. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.

The delivery date of futures can be one week later, one month later, three months later or even one year later.

A contract or agreement to buy or sell futures is called a futures contract. The place where futures are traded is called the futures market. Investors can invest or speculate in futures.