Futures are divided into commodity futures and stock index futures. As long as 18 years old or older, commodity futures can bring their valid identity documents to the account opening business department to apply for bank cards. To open a stock index futures account, you must apply to CICC for stubborn coding. Investors must have relevant futures knowledge, have 10 commodity trading experience, and the total assets of the futures fund account are above 500,000.

How to open an account for speculating futures?

Futures are divided into commodity futures and stock index futures. The so-called futures account is the behavior of investors to open futures accounts and capital accounts. In terms of account opening conditions, two futures have different requirements.

Commodity futures

There is no minimum capital requirement for opening a commodity futures account. As long as you are 18 years old, bring your valid ID card and settlement bank account card (currently supported for industry and commerce, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Xingye, Pudong Development Bank, Minsheng, CITIC, China Everbright and China Merchants Bank), you can go to the bank business department to handle it during office hours.

Stock index futures

To open a stock index futures account and apply for stubborn coding from CICC, the following three conditions need to be met:

1. Investors should have relevant futures knowledge and take the knowledge test at the account opening site, with a score of not less than 80 points;

2. Experience in 10 commodity trading.

3. The total assets of the futures fund account are more than 500,000 yuan.

After meeting the futures account conditions, the specific procedures are as follows:

The first step is to prepare relevant documents and materials, including my original ID card, my bank card or passbook.

Step 2, bring the required materials to the business department of the futures company's business outlets for account opening procedures.

Step 3: The futures company issues a risk disclosure and futures trading rules to customers, explaining the risks and basic rules of futures trading to customers.

Step 4: Sign the risk statement of futures trading, futures brokerage contract, bank transfer and other agreements.

Step 5, the futures company provides customers with a special account for futures trading funds.

Step six, save money.

The seventh step is online trading.

In addition to the above-mentioned bank account opening, many financial institutions offer account opening, most of which are bank cooperation, bringing new accounts to banks. What users need to identify is whether the account opening institution is formal and whether it has relevant financial licenses. Beware of disclosing personal information to bad institutions for illegal loans. If you choose a non-bank institution to open an account, you can consult a friend, and you must grasp the market risks when entering the futures market. If you don't know the market, it is best to have a guardian to operate together.