Can the authority of graded funds be opened online?
The authority of graded funds cannot be opened online, and investors need to bring their valid identity documents to the account opening business department during working hours. The risk of graded funds is relatively high. In order to adapt the risk tolerance of investors to their own business, it is necessary to meet the conditions for opening an account.
The conditions to be met for the opening authority of graded funds are as follows:
1 The average daily assets of the securities account in the 20 trading days before the application for opening authority shall not be less than RMB 300,000;
2. There are no laws, administrative regulations, rules and business rules of the exchange that prohibit or restrict participation in classified fund transactions;
3. Investors' risk tolerance is a special type of protection other than customers.
In addition to the trading rights of graded funds, many trading rights of securities companies can be opened directly in the trading software, such as the trading rights of convertible bonds, the trading rights of science and technology innovation board stocks, and the trading rights of GEM stocks.
The above is related to the authority of graded funds, and I hope it will help everyone.