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Does it cost money to open a stock account?
There are no account opening fees, management fees, annual fees, etc. For stocks, but only when stocks are traded. Stock trading fees include commission, stamp duty and transfer fees.

The commission of each securities company is different. The Commission stipulates that the commission shall not exceed 3 ‰ of the transaction amount, with the minimum 5 yuan for a single transaction. Stamp duty is fixed. 1 of the transaction amount at the time of sale. Not when you buy it. The transfer fee is fixed. It is 0.2 ‰ of the transaction amount and charged in both directions.

Stock account opening process

1. Choose a securities company with good service and close to you.

2. It is necessary to provide the original and photocopy of the valid personal identity certificate and the original and photocopy of the account card of the securities company.

3. You need to fill in the personal account opening information according to the relevant regulations of the business department, sign the entrustment contract and transaction agreement with the securities business department, and open a stock account with the securities company with your ID card and bank card.

4. Under normal circumstances, investors need to set the securities business department as a personal fund account. Of course, individuals can also open their own fund accounts and negotiate with securities companies.

5. Go to the bank to handle the three-party depository procedures with the stock account opening information.

6. There are still some details that need to be further confirmed with the account opening staff of the Securities Exchange Department. Whether it is necessary to open a securities business department or a bank transfer business can be decided according to the individual needs of investors.

The basic conditions for opening a stock account are:

1. To open a stock account, you need to be a natural person who has reached the age of 18 and has full civil capacity;

2. You need to hold a valid personal identity document and a bank card that can be used normally under the real name of your ID card.

Meet the above conditions, you can bring your valid ID card and bank card to the local securities business department to open an account, or you can download the brokerage APP online to open an account and follow the prompts on the page.