As we all know, stock trading requires opening a stock account. With the development of securities trading, stock account opening can be divided into on-site account opening and off-site account opening, and users can choose the way that suits them. However, whether opening an account on-site or in a different place, users need to meet the conditions before opening an account.

What are the requirements for opening a securities account?

1 year-old and 18-year-old have the capacity for civil conduct, and 16-year-old users can provide their own income certificates or handle them in some business halls.

Shanghai and Shenzhen A shares can only open three stock accounts, which can only be opened after the dormant account is cancelled.

Domestic users only need to prepare their ID cards and bank cards to open accounts, while foreigners working in China and foreign employees of domestic listed companies need to establish a supervision and cooperation mechanism with the China Securities Regulatory Commission to open accounts.

Can I trade on the opening day?

No, stock trading is not allowed on the day of opening a securities account. But users don't have to worry too much. On the day of successful account opening, users can still buy and sell wealth management and funds. If the investor does not open a new stock account, the investor can buy shares in Shenzhen on the first trading day, but not in Shanghai.

Users need to choose good stocks when trading. As the stock market is unpredictable, losses are common. Therefore, it is very important for users to choose stocks with good performance for investment. In the stock market, the most feared thing is blind investment.