The margin rate of stock index futures varies from contract to contract, and it is stipulated by the counterparty when the contract is listed. For example, for 1 1 listed in October, the margin rate is 15%, and futures companies usually add two percentage points to the margin of the exchange. At present, the contract amount is about 6.5438+0.8 million, and the deposit per hand is about 6.5438+0.8 million.
However, if investors only use 6.5438+0.8 million yuan to open a first-hand contract, they will face great risks. Once they do, they will be forced to close their positions immediately. Therefore, at the current contract value, at least 300,000 yuan must be prepared to participate in stock index futures.
However, the exchange may set another threshold, stipulating that the deposit at the time of opening an account must reach at least 500,000. So, your 20 thousand yuan can't play the futures index.
You can play with rebar for 20 thousand yuan, and buying and selling one or two hands is no problem