Do I need to open an account to buy a fund?
You need to open an account to buy a fund, but the procedure is very simple. You only need to prepare your ID card and bank card to open an account. Now you open an account online, and it only takes ten minutes to open an account. You can purchase funds in the following ways:
1 Bank and online banking: You can buy all the funds sold by this bank by bringing your ID card to the bank.
2 Agent: You can buy most funds in the market by registering an account on a third-party agent website or APP and then binding a bank card.
Official website, a fund company: You can purchase all the funds issued by the fund company by directly registering in the fund company official website and real-name authentication, and then binding the bank card. The advantage is that there will be preferential rates. The disadvantage is that if you want to buy any fund, you need to go to which fund company to open an account, which is more troublesome.
Stock Exchange: If you want to buy floor funds, such as trading open-end funds (ETFs), listed open-end funds (LOF), closed-end funds, etc. Then you need to open an account in the stock exchange and trade through the securities trading software. The advantage of this method is low transaction cost, but the disadvantage is that the transaction object and price are affected by market supply and demand.