1. Basic conditions: at least 18 years old, with full capacity for civil conduct, residents of China nationality, compatriots from Hong Kong, Macao and Taiwan who do not meet the conditions for domestic futures trading temporarily, and have no bad credit record, and have passed the appropriateness review.
2. Capital requirements: Commodity futures accounts generally have no fixed minimum capital requirements. In theory, it only needs to meet the funds needed for first-hand transactions. The margin of primary commodity futures depends on the prices of different varieties and the margin ratio stipulated by the exchange. For example, low-priced varieties such as corn and strong wheat can be traded for several thousand yuan, while financial futures such as stock index futures and crude oil futures, according to previous regulations, generally have higher capital thresholds. For example, when investors apply for opening an account, the balance of available funds in the margin account is more than 500,000 yuan.
3. Trading experience requirements: For a specific financial futures product, investors may need to have certain trading experience, such as simulated trading or actual trading records for a certain number of times, and some special commodity futures products have similar requirements. If they need to accumulate certain trading experience in a period of time, they can obtain trading authority.
4. Other requirements: Investors need to pass relevant knowledge tests to understand the basic knowledge and risks of futures trading. With the change of regulatory policies, exchanges and futures companies may have different detailed regulations on the threshold for opening accounts. For example, the adjustment of the margin ratio will affect the initial funds needed for the transaction.