The futures fund account is kept in the account of the futures brokerage company, and the funds in it have always been used as futures margin, that is, the funds you see in the trading software. The funds in this account are monitored by the "Margin Monitoring Center".
Bank settlement account, the bank account that is connected with the futures fund account when you handle the bank transfer, that is, the funds in our bank card.
For us personally, we can't withdraw cash directly from the futures fund account, and we must transfer the funds to the bank card through the "futures to bank" in the bank transfer, in order to withdraw cash from the bank card.
Of course, because all investors' funds are deposited in the accounts of futures companies, futures companies can misappropriate customers' deposits, which is a serious violation. Once found, its business qualification will be revoked. Recently, Qilu Futures was disqualified for misappropriating customer deposits.