CITIC Futures Account:
There are two kinds of account opening fees for futures companies. One is to open an account directly in official website without contacting the personnel of the futures company. In this case, the handling fee is the default, which is relatively high. In another case, you negotiate the price with the staff in advance before opening an account. At this time, it's like you negotiated the price with the shopping guide, so it depends on what price the shopping guide is willing to set for you. The lower he gives you, the lower his commission will be, depending on the bargaining result between you two.
Calculation method for handling fee of CITIC Futures:
Customer handling fee charged by CITIC Futures = Exchange handling fee+CITIC Futures Company handling fee.
The exchange charges a certain fee standard for futures of different commodities, but there is no provision for the fees charged by CITIC Futures Company. CITIC Futures generally charges the futures exchange 1.5 times the fee, which is also an industry fee. The handling fee of CITIC Futures is basically different for each variety, and the details can be negotiated with CITIC Futures customers.
Generally speaking, futures account fee = exchange handling fee+commission, in which the exchange handling fee is charged by the exchange and formulated by the unified exchange, and the commission is charged by the futures company. Due to different commissions, our fees are different. So you will know the commission when you open an account, because the handling fee of the exchange is not decided by the futures company.