How much is the iron ore futures investment?
1 Requirements for opening an account: The available funds in the futures account after daily settlement for five consecutive trading days before the application date shall not be less than 654.38+10,000 yuan.
2 Funds required for investment: iron ore futures are 65,438+000 tons per lot, and the minimum trading margin stipulated by the exchange is 5%. The funds required for opening each lot of iron ore futures are: price * 100 * margin ratio.
It should be noted that in the conditions for opening an account for iron ore futures, in addition to capital requirements, there are also certain requirements for investors' trading experience and professional level, specifically:
1 trading experience: there are real trading records of domestic and foreign futures or options in the last three years.
2 Professional requirements: Complete the futures knowledge test on the knowledge test platform of China Futures Association, with a score of not less than 80.
The reason why the threshold for opening an account of iron ore futures is higher than that of other commodity futures is that iron ore futures have introduced foreign investors, so the risk is high. The commodity futures with the highest account opening threshold is crude oil futures, and the capital threshold of crude oil futures is 500,000 yuan.