First, choose the right futures company.
Futures companies are the link between investors and exchanges. Except for the self-operated members of the exchange, all investors must engage in stock index futures trading through futures companies. For investors, there are currently two channels to find futures companies. One is through local securities companies, and the other is for investors to directly find futures companies with financial futures brokerage business licenses. These futures companies should have a good reputation, standardized operation and a safe and smooth trading system. They can also choose the appropriate futures company Golden Axe in the futures account and handle the futures account formalities in the OTC market. Golden Axe provides on-site processing and 24-hour online reservation for futures accounts, providing investors with the most convenient choice of the most suitable futures company.
Second, open an account
When investors enter the futures account, they should first read the futures trading risk statement, understand the risks in futures trading and sign it, such as margin loss and additional risks, forced liquidation risks, trading orders unable to close positions, hedging risks, force majeure risks, etc.
For futures accounts, natural persons must hold the original personal ID card and the original ID card of the authorized person. To open an account, a legal person must hold a business license (copy), official seal, legal person seal, the original ID card of the authorized person and the authorized person, the tax registration certificate (national tax) number, the account opening bank and the account number; Fill in the application form for opening an account, and sign the Futures Brokerage Contract and related supplementary agreements with the futures brokerage company, such as Supplementary Agreement on Computer Self-help Entrusted Trading, Risk Disclosure of Online Futures Trading, Supplementary Agreement on Online Futures Trading, and Silver Transfer Agreement. The brokerage contract and its annexes shall be made in duplicate, one for the client and one for the futures company for the record after being examined and signed by the futures company.
After the signing of the futures brokerage contract and supplementary agreement, Guo Jin Futures will apply for the transaction code for the customer, open an account for the customer, archive the basic information of the customer, clarify the fee standard and service content with the customer, and finally submit the customer account opening notice to the customer.
Third, the funds are recorded.
After all formalities are completed and before trading, Guo Jin Futures shall pay the deposit for opening an account as required. Guo Jin Futures will deposit the margin paid by the customer into the customer account stipulated in the futures brokerage contract for the futures trading of the customer.
The deposit charged by Guo Jin Futures to customers belongs to customers; It is strictly forbidden to use Guo Jin futures for other purposes, except as stipulated by the China Securities Regulatory Commission, where customers deposit the deposit with the futures exchange for trading settlement. At present, futures companies implement closed management of customer deposits.
Where funds are transferred, the card issuing unit shall be consistent with the name of the customer account. If not, the issuing unit shall issue a written capital certificate. Guo Jin Futures Finance Department shall, when receiving the customer's deposit, issue a receipt for transfer deposit, and issue a receipt after confirming the receipt of funds. After the customer's funds arrive, futures trading can be carried out.
Special tips for the outer disk of futures account:
At present, the domestic personal account opening process is similar. It is mainly necessary to have a Hong Kong bank account, because the Hong Kong Securities Regulatory Commission stipulates that all funds must be transferred from bank accounts to bank accounts, and cannot be transferred by cash or a third party. This is also a way to supervise, protect and prevent money laundering.
There are two ways to handle Hong Kong bank accounts:
1, go to Hong Kong to handle it locally.
2. Through the Industrial and Commercial Bank of China and China Merchants Bank.
It is understood that ICBC and China Merchants Bank are not available in every city and every outlet. In addition, you may need a passport or a Hong Kong and Macao Pass to open a Hong Kong bank account in China. Please consult the relevant bank for details!