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What are the procedures for stock trading? How to open an account?
What are the procedures for stock trading? How to open an account? Formal stock trading is to open a stock account first. Most stock account opening platforms are free, and only stock trading will generate fees. Opening a stock account refers to the process in which an investor opens a securities account and a capital account in a securities company and establishes a business relationship with a bank, such as savings, before buying and selling stocks in the securities exchange market. With the development of securities trading, stock account opening can be divided into on-site account opening and off-site account opening, in which on-site account opening refers to the process of investors opening accounts at the counter of the business department of securities companies; Off-site account opening includes witness account opening, online account opening and other off-site account opening methods recognized by China Clearing Company. Open an account in the securities business department; (1) required documents: investors are required to provide the original and photocopy of personal ID card and the original and photocopy of Shenzhen-Shanghai securities account card; (2) Fill in the account opening information, sign a securities trading entrustment contract (or a securities trading entrustment agreement) with the securities business department, and sign a designated trading agreement at the Shanghai Stock Exchange; (3) The securities business department opens a capital account for investors; (4) Investors who need to open the bank-securities transfer business function of the securities business department should pay attention to the instructions on the use of such business functions by the securities business department.