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Is there a capital limit for trading ETFs?

There is no capital limit for trading in the secondary market. The minimum transaction unit is 1 copies, and the maximum transaction amount is several hundred yuan. However, if you apply for and redeem an ETF, there is a minimum capital requirement, because the minimum redemption unit of an ETF is generally around 5-1 million. Take the 5ETF as an example, the minimum redemption unit is 1 million, and the current price is around 1.74 yuan, so at least 1.8 million funds are needed.

capital refers to the capital for operating industry and commerce, and also refers to the materials or currency used by the state to develop the national economy. Capital is expressed in currency, which is used for turnover and meets the needs of creating social material wealth. It embodies the socialist relations of production based on public ownership of information. Capital is the media value that is used to create new value and increase the value of social surplus products in the process of social reproduction. It also refers to capital management, which means that only a small part of your capital is put at risk in any transaction. Trading limit refers to the limit on the number of futures contracts that each person can buy or sell every day in the futures market. The transaction limit of each credit card used by the cardholder is granted by the issuing bank according to the credit status of the cardholder. The business exceeding the trading limit can only be accepted by the special merchants and business institutions with the authorization of the issuing bank. The trading limits of specialized banks are stipulated according to the types of transactions and card types.

in a sense, the transaction limit is actually the authorization limit of the special merchants or business organizations, that is, all credit card transactions exceeding the authorization limit must seek authorization. First of all, it must be explained that Alipay has no limit setting function, and you can spend as much money as you have. It can only be said that when the user pays a certain amount, he needs to use the verification code bound to the mobile phone. There are banks with payment limits. When you pay with Alipay, if the balance is not enough, you must recharge it. Every bank has a daily limit. At present, users are controlled to use the mobile phone verification code when the single payment amount reaches 2 yuan and the daily cumulative amount exceeds 6 yuan (at present, this limit has been set and cannot be modified). Alipay will implement SMS charging system from January 1st, 214. Users who notify by SMS will be charged .6 yuan/month every month when they request to send verification code for each payment. If verification code is not required for each payment, it is usually free when the amount of a single payment reaches 5 yuan and the accumulated daily consumption exceeds 1 yuan.