Stock investment is a T+ 1 transaction, that is, it can be bought on the same day and sold the next day, which has certain liquidity. However, even if an operation error is found in the conversation, you can only watch the closing eagerly, but there is nothing you can do.
Futures investment is a T+0 transaction, that is, buying and selling can be done on the same day, and hedging can be done on the same day. If you find an operational error, you can immediately close your position and leave, ranging from a few minutes to a few months, but intraday trading is extremely liquid.
Trading T+O, margin system, ups and downs can be done, which is what stock experts are very eager for. What is even more rare is that the relative transaction cost of stocks is very high. Futures trading is basically a unit that only needs the lowest price fluctuation on that day, which is equivalent to meeting all the import and export transaction costs by jumping a penny. If it is stock index futures, it may be equivalent to investors closing their positions and realizing profits by buying and selling stock indexes only a little bit, which will not be too much trouble for stock investors now.
2. Mode of operation
The operation of the stock market is a one-way street, and it can only be "buy first and then sell". Only a bull market can make money.
The futures market can buy first and then sell, or sell first and then buy, that is, both bull market and bear market can make money;
Stocks run in one direction, buying low and selling high. Futures run in both directions. You can buy low and sell high when you are bullish. When you are bearish, you can sell it first, and then buy it to hedge. There are many profit opportunities.
3. Investment amount
The stock is a full margin transaction, buy as much as you have, 100% investment.
Futures is a margin transaction, which can be more or less, from small to large. It can be fully traded with a margin of 10%-20%, and the capital is enlarged by 5- 10 times, and the leverage is very obvious.
In other words, you have to spend 1 10,000 yuan to buy 1 10,000 yuan of stocks; Ten thousand yuan of futures can be bought only by paying 10%, that is, one thousand yuan. So 1 10,000 yuan can be invested as110,000 yuan.
4. Transaction costs
The transaction cost in the stock market is high, and the cost of completing a transaction is about 1% of the transaction amount.
The cost of completing a transaction in futures is about one thousandth of the transaction amount, and income tax is not levied on futures profits for the time being.
The margin trading system in the futures market enables investors to "expand from small to large", and as long as they operate properly, they can get high returns; However, if the operation is wrong, the loss will be greater, and additional margin will be needed when the funds are insufficient, so the futures market emphasizes fund management more; The stock market is a full margin transaction, and there is no danger of additional margin.
The specific account opening process is as follows:
1. Investors shall submit application materials for account opening. According to the requirements of platform traders, investors need to fill in the relevant application information for opening an account.
2. Provide proof of account opening. Because under the OTC mode, both parties to the transaction conduct transactions through communication means such as the Internet, investors need to provide authentic and valid certificates to Taiwanese businessmen when opening an account. Such as ID card information, bank card information, e-mail account number, etc.
3. After the investor applies for opening an account and submits limited information, the platform chamber of commerce will review the information and notify the applicant by email.
4. After the customer service is approved, investors can get a trading account by checking the email. After that, investors can inject funds into this trading account, and the investment amount should exceed the minimum deposit limit of the platform provider.
5. After the funds arrive, the platform chamber of commerce will send a notification letter by email again, and investors only need to log in to the real trading platform to trade.