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Where do novices buy etf funds?
ETF refers to a transactional open index fund, which is generally called exchange-traded fund. It is an open-end fund listed and traded on the exchange, and its fund share may change. So where and how do novices buy etf funds? Let's analyze it for everyone:

Where do novices buy etf funds? How to buy?

Generally speaking, index funds can be purchased off-site or off-site, that is, investors can trade ETF funds in the stock market, or choose to buy them on some financial management software such as fund companies, Alipay and Tian Tian Fund Network.

Here, banks, securities companies and various financial software are taken as examples:

(1) Bank

Buying ETF funds in banks requires a lot of initial capital. Investors can bring their ID cards and bank cards to the bank counter.

(2) Securities companies

The minimum subscription amount of ETF index funds traded in securities companies is 100, and the handling fee incurred during trading is similar to that of stocks.

(3) Financial management software

Such as Alipay and Tian Tian Fund Network. Or choose to download the wealth management software of large companies and subscribe for ETF funds.

The main operation process is as follows:

1. Open a securities account

If you want a lower commission, it is recommended to open an account online and prepare ID cards, bank cards and other materials. When the network is clear, you can submit it directly online. After following the steps, you can wait for the brokerage to review. Under normal circumstances, the audit will be conducted between 9:00- 16:00 on working days, and the follow-up results will be prompted by the mobile phone number bound by the investor, including the opened fund account number.

2. Opening bank-securities transfer

After opening a securities account, you should also open a bank-securities transfer account. However, after the investor successfully opens a securities account, the securities company will automatically open a bank-securities transfer account for you, which is convenient for investors to transfer funds in or out. Since the securities account and the investor's fund account are not the same account, investors need to transfer funds into the securities account before trading to facilitate trading.

Step 3 make a deal

After the above operations are completed, investors can log in to the trading software and directly enter the fund code and the purchase amount to start trading.