With more and more investment and financial management methods known to the public, many investors, from the most basic bank financial management to fund and stock trading, now many investors choose stock index futures for trading, expecting to get better investment returns. Before trading stock index futures, you need to open an account. So what does the stock index futures account need? How much will it cost?

What are the requirements for stock index futures account?

The futures account stock index must meet the following four conditions:

1 The balance of available funds in the margin account for five consecutive trading days before applying for opening an account shall not be less than 500,000 yuan;

Participated in the basic knowledge of stock index futures and needed to pass the relevant written test of CICC;

(3) There have been more than 20 simulated stock index transactions or more than 10 commodity transactions in the recent three years;

4 No bad credit record.

According to the regulations of CICC, the transaction fee rate of stock index futures account is 0.23, and all futures companies will make adjustments according to the situation, which is subject to the regulations of futures companies.

It should be noted that investors need to pay a certain margin when trading stock index futures. Specifically, the margin of primary stock index futures = points * contract multiplier * margin ratio, and the margin ratio of different stock index varieties is different. According to the market data in 2022, the specific standards are as follows:

1 SSE 50(IH) margin ratio is 12%, and the contract multiplier is 300 yuan/point;

2. The margin ratio of CSI 300(IF) is 12%, and the contract multiplier is 300 yuan/point;

③ The margin ratio of CSI 500(IC) is 14%, and the contract multiplier is 200 yuan/point;

4 The margin ratio of CSI 1000(IM) is 15%, and the contract multiplier is 200 yuan/point.

Stock index futures refer to standardized futures contracts with stock indexes as the subject matter. The two sides agreed that on a specific date in the future, the underlying index can be bought and sold according to the pre-determined stock index size, and the difference will be settled in cash after the expiration. Before trading stock index futures, investors should consider whether their risk tolerance matches the product risk level.