What is the minimum amount of a futures account?
Futures are divided into commodity futures, stock index futures and crude oil futures. The trading threshold of crude oil futures and stock index futures will be higher, while the futures account conditions of commodities will be lower.
1 commodity futures
Futures accounts, ordinary commodities, have no threshold, just like opening a stock account. As long as we are 18 years old, we can open an account with a valid ID card and bank card. There is no minimum capital threshold for a futures account, so 0 yuan can open an account.
2 Stock index futures
Futures account threshold of stock index is relatively high, so it needs to be audited and verified. After we open a futures account, we need to deposit 500,000 yuan and verify the capital for five trading days. After five trading days of capital verification, we made 10 commodity futures (one buy and one sell counts as two).
3 crude oil futures
The demand for available funds for crude oil futures is 500,000 natural persons, and the balance of available funds in the margin account is not less than the demand for funds in the first five trading days of applying for the trading code. In addition, we have to participate in testing and firm trading.
When we choose a futures brokerage company, we'd better compare the fees and choose a futures brokerage company with legal agency qualification, credibility, capital and excellent management.