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How to open an account for external futures?
To open a formal account in Hong Kong, first of all, the futures company is a member of Hong Kong trading settlement and is supervised by the Hong Kong Securities Regulatory Commission!

The deposit and withdrawal method of opening an account requires a Hong Kong bank card, which is handled in Hong Kong or witnessed by a domestic bank. The margin ratio is relatively high, about US$ 3,400 for US crude oil and about HK$ 46,000 for Hang Seng Index/KLOC-0. The handling fee will be lower than the capital allocation, after all, the cost of capital will be reduced. You can open an account with a Hong Kong bank card.

The common form in China is the form of fund-raising platform. These main account service providers open accounts in futures companies, and then divide them into several sub-accounts and lend them to customers through warehouse-sharing software. Such accounts are guaranteed accounts and trading accounts are foreign currency transactions. Domestic deposits also use RMB as collateral through online banking to use sub-accounts. It is not used for direct transactions. As for opening an account, it is relatively simple, and a domestic bank card will do.