Margin = exchange margin+futures company margin
Calculation formula: contract price x trading unit x margin ratio
Take the price of glass 1800 as an example, 20 tons per lot, and the deposit 10%.
1800x20 * 10% = 3,600 yuan, that is to say, it costs 3,600 yuan to trade first-hand glass, and one point of glass fluctuation is 20 yuan, so the fluctuation of180 point is 3,600 yuan, which is equivalent to the fluctuation of10%, so it must be doubled.
Margin, like handling fee, can also be discussed with futures companies. Futures companies can be reduced to the minimum exchange margin, that is, margin +0, but there will be some requirements, because margin +0 will be risky for futures companies, and the probability of customers losing control of their positions will increase. The lower the margin, the greater the leverage. The calculation formula of leverage is 100 divided by the margin ratio.
The advantage of margin +0 is that investors can open more orders with the same amount of funds, but the disadvantage is that the trading risk will become higher, making money faster if they do well, and accelerating their death if they do not do well, so they must choose whether to adjust the minimum margin according to their own specific conditions.
When we are in futures account, we only need to prepare our ID cards and bank cards, which can be completed in half an hour. The account opening process of each futures company is the same, but the follow-up services provided by different futures companies are very different.
Some brokers of futures companies can still reply to messages and solve problems quickly after opening accounts, and often provide investors with investment information, such as research reports, investment strategies, training and trading tips. And some brokers of futures companies love to ignore investors after opening accounts, and investment information is even more unreliable.
Therefore, before choosing a futures company, you can ask what services the company will provide later, and you can also learn about the service attitude of the futures company from other investors.