There are nearly 100 futures companies in China, mainly depending on service, reputation and transaction fees charged by the companies.
Service is very important. Some futures services are very good, and important information is often sent, which helps investors to be familiar with the current situation. It is best for a futures company to choose Grade A or above. A level is divided into three levels: A, AA and AAA. Above B level, there is a development prospect, and the margin ratio of different levels is also different. There is little difference between Grade A and Grade C, only a few ten thousandths of it reaches 1. Before joining a futures company, it is best to negotiate with the futures company about the transaction fees (except the exchange fees). The transaction fees charged by futures companies are different all over the country, ranging from a few cents to a few cents, and some are charged according to the proportion charged by the exchange. In addition, it is better for futures companies to have a mobile platform (in case of power failure, computer signals and equipment failures can be handled in time). We must pay attention to the freedom of deposit and withdrawal after deposit, and futures companies cannot have percentage clauses. These two things should be explained in advance.
Look at the main considerations of futures companies:
First of all, look at the rating qualification and brand of futures companies. Try to choose double A futures companies, especially those with double A for many years. Futures companies with high ratings have higher risk management capability indicators, market influence indicators and continuous compliance status indicators, which are more professional and more secure.
The second is to look at the transaction fee. The lower the cost, the lower the transaction cost. Because futures are T+0 trading, most of the trading frequency will be much higher than that of stocks, and due to leverage, especially for investors with high-frequency trading, the handling fee is still considerable. Lower transaction costs will maximize the benefits.
The third is to see the service. Whether the trading software is updated in time and convenient to use. Whether the real-time news update and financial analysis are timely and professional. What is the delay rate of trading quotation, which should be considered when choosing a futures company to open an account.
Finally, we must try to choose a local futures company with a sales department to facilitate offline service and business consultation. Try to choose regular large-scale futures companies with high ratings, customers with large amount of funds or high trading frequency, and try to strive for the lowest futures company fees with futures brokerage companies.