There is leverage effect in futures market transactions, but in actual combat, some investors can't afford the losses caused by leverage and will choose to withdraw from the market and eliminate their accounts. The specific account cancellation process is as follows:

1, the customer personally goes to the sales department of the securities company to cancel the account with the relevant securities;

2. The account opening personnel verify the customer's certificate and identity, understand the reasons for the customer's cancellation, and make corresponding records;

3. Guide customers to sign the confirmation letter and application for cancellation of accounts of investors in the futures market; Among them, the confirmation of account cancellation and the application for account cancellation correspond to the natural person account and the legal person account respectively, which need to be sent back to the headquarters for review, signature and official seal, and then the funds in the customer account will be transferred to the customer settlement account;

4. The next day, investors can check their statements and withdraw the corresponding funds;

5. The securities company records the contract and closes its ownership limit;

6. The exchange cancels the transaction code and the customer's account cancellation operation is completed;