If you trade crude oil or stock index, of course, there will be margin restrictions. For example, opening an account requires 500,000 capital verification+80 points in the exam.
Many investors will find it particularly easy to open an account for crude oil in the past two years, because the exchange has relaxed the threshold for opening an account for this variety and can open an account without capital verification and review. For example, as long as you have done enough commodity futures in the past year and accumulated 50 trading days, you can open it.
Most commodity futures can be sold for several thousand yuan, and the margin for crude oil is slightly higher, about 40,000 to 50,000 yuan.
If a novice does not have enough funds of 500,000 yuan, he can trade other commodity futures products first, and after 50 trading days, he can apply for the right to invest in crude oil online. If he meets the requirements of experience, he doesn't need to go to the futures company to check the capital verification on the spot.
The above is a brief introduction about "how much money is needed for futures trading", I hope it will help you. Futures trading can make life rich and property shrink. Controlling risks and keeping the principal is the first important thing in trading. To do a good job in futures speculation, we must start with futures accounts. Different futures companies open accounts, and the futures fees are different. Some are several times higher than the exchange, and some only add 1 cent on the basis of the futures exchange! Futures account should choose a reliable futures company, and the futures commission is cheap!