The first thing to do is to choose a futures brokerage company. Futures brokerage companies are similar to securities companies that trade stocks. They are trading platforms and places for investors. Choose a company with good qualifications and good service. Generally, local qualified futures brokerage companies will be found on the website of the futures exchange.
After selecting a gold futures company, bring your ID card and bank card to the business site of the futures brokerage company to go through the formalities of signing futures contracts in person. Fill in the futures brokerage contract and take photos.
Finally, handle the bank-to-bank business, because not all banks have the bank-to-bank business, so before going to the futures company, you should ask clearly on the phone that the futures company you selected has opened the bank-to-bank business.
How to open an account for gold futures:
1. Individual gold speculators go through the formalities of opening an account in a local futures company with the qualification of gold futures agent, sign a contract and take photos with their personal ID card.
2. The gold speculators go to the bank that cooperates with the futures company for silver futures transfer, and establish a tripartite depository contract to ensure the safety of the gold speculators' funds. Then take the contract back to the futures company for registration.
3. Gold speculators can conduct futures trading by putting their funds into deposits received account. Except for taking photos, other procedures are no different from handling stock account opening procedures.