Second, two-way transactions. Stocks are one-way transactions, and only stocks can be bought and sold; Futures can be bought or sold first, which is a two-way transaction.
Third, the time limit. There is no time limit for stock trading, and it can be held for a long time, while futures must be closed or delivered at maturity.
Fourth, the return of profit and loss. The income from stock investment has two parts, one is the market price difference, the other is the dividend distribution, and the profit and loss of futures investment is the actual profit and loss in market transactions.
Fifth, income is different. The stock rose 1%, 1%; Futures rose 1%, equivalent to Apollo's 10%, because of the leverage.
6. Futures is T+0 trading, and it can be traded several times a day. You can close the position immediately after opening the position.
Seven, the time spent
It will take a long time for the stock market to see another wave of market conditions, and it is impossible for individual investors to see the market conditions every day. Once there is a suitable opportunity to make money, they often can't catch it.
The advantage of futures, the futures market will have a wave of prices in a week or a few days. Therefore, when you have a few days off, you can do futures. Because of its margin system, you may earn more money in a few days than you do in the stock market in a year.
Eight. Stamp duty and handling fee
Stock market: the handling fee is relatively high, stamp duty+securities company commission is about 2/ 1000, which is collected in both directions.
Advantages of futures: the transaction cost of futures is low: the countries of futures trading do not levy stamp duty and other taxes, and the only cost is the transaction fee, which is about one thousandth of the unilateral formalities of trading on the same day.
Futures account conditions:
1, in line with national laws, regulations and policies; (Must have China nationality and live in China)
2. It is necessary to trade funds or assets (the minimum capital for trading stock index futures is 500,000 yuan, and there is no limit for trading commodity futures only);
3. The account holder and the transaction executor must be at least 18 years old and have full capacity for civil conduct.
Documents or materials required for futures account:
1. Opening an account by a natural person (ordinary investor): copy of my ID card and bank card;
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.
Futures account process is as follows:
1. Read the futures trading risk statement and customer instructions carefully.
2. Sign the document 1. Risk statement of futures trading; 2. Description to customers; 3. Futures brokerage agency contract; 4. charging standard; 5. Application form for opening an account; 6. Silver transfer agreement.
3. Information provided: 1. Original ID card; 3. "Reservation for withdrawal" bank passbook or bank card.
4. Bank transfer: go to the designated branch of the corresponding bank to open an account with my ID card, corresponding bank card and bank transfer agreement.