On-site fund purchase refers to the purchase of funds through the trading software of a securities company after opening an account.

Steps for on-site fund purchase:

To purchase funds on the spot, you should first consult the securities company about related matters, get to know the networked bank with which the securities company has a cooperative relationship, then bring your ID card to this bank to apply for a bank card, and open bank-securities transfer to deposit cash. Then bring your ID card to the stock exchange to open a shareholder account and a capital account (so-called margin account), sign an entrustment agreement, obtain shareholder seats in Shanghai and Shenzhen stock markets, and obtain relevant passwords and materials. After that, you can buy funds on the floor. If you sign an online trading commission with a securities company after opening an account, you can also download the stock trading software designated by the securities company that opened the account on your home computer and buy and sell funds on your home computer.

Operation method of the floor fund:

The floor fund is traded in the same way as the stock. It can be purchased at any time and traded in real time. The transaction price is bid by the buyer and the seller, and traded at the market price. The five listed prices of the sale and purchase are the quotations of the participants. If the seller's bid is the same as the buyer's bid, the transaction will be concluded. If you want to close the transaction immediately, you can quote at 1, or you can quote a lower price, but wait, if you can get yours.

Extended information:

The market is the stock market, which is also known as the secondary market. Off-market is understood as the stock exchange market, that is, the agency sales of banks and securities companies, and the direct sales of fund companies, that is, the familiar open-end fund sales channels.

closed-end funds, ETF funds can only be bought on the market (for large investors, ETFs can be bought in the "primary" market), that is, they can only be bought in the stock market. Other open-end funds can be purchased off-site, which is a well-known way, among which LOF funds can be purchased on-site.

Reference: Baidu Encyclopedia-On-site Fund