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Does the Shanghai and Shenzhen 300 Index need 500,000 to open an account?
The minimum requirement for opening an account in Shanghai and Shenzhen 300 Index is 500,000, and the margin ratio is 15%, which is equivalent to 6 times leverage.

Shanghai and Shenzhen 300 stock index futures are listed on China Financial Futures Exchange, with code IF, contract multiplier of 300 and minimum price change of 0.2 point. Therefore, every smallest unit of contract price fluctuation, the corresponding profit and loss is 60 yuan/lot. The handling fee is charged by multiplying the turnover by 0.00002323.