Generally, investors should open accounts with member brokers of the gold futures exchange and sign risk disclosure and trading account agreements. And authorize brokers to buy and sell contracts and pay deposits on their behalf. After the broker is authorized, he can buy and sell futures according to the terms of the contract and the instructions of the customer.
Gold futures accounts are free, and futures companies only charge transaction fees. The margin ratio fluctuates around 8%. The smallest unit of gold futures trading is the primary contract. The funds needed are mainly the bank card fees when opening an account and the brokerage account fees, and the most important thing is the deposit required by investors.