ETF fund is a very popular investment tool, which can provide investors with diversified investment portfolios and reduce investment risks. Many people don't know much about how to open an ETF fund account. This article will introduce where I can open an ETF fund account.
We need to be clear that ETF fund accounts are not independent accounts, but operate in securities accounts opened by brokers. If you want to open an ETF fund account, you need to open a securities account with a brokerage firm first.
At present, the domestic securities market can be divided into two categories: A-share market and B-share market. A-share market refers to the domestic stock market, and only domestic investors are allowed to trade; B-share market refers to the shares of companies listed outside China, and only foreign investors are allowed to trade. If you are an investor in Chinese mainland, you can only open a securities account in the A-share market.
In China, the institutions that can open securities accounts mainly include brokers, banks and third-party financial platforms. Among them, brokers are the main channels to open securities accounts, including domestic large brokers and small brokers. Large brokers include CITIC Securities, Huatai Securities, China Merchants Securities and Guangfa Securities, while small brokers include Guotai Junan, orient securities and Industrial Securities.
To open a securities account, you need to provide some personal information and certificates, including ID card, bank card and mobile phone number. After submitting the application, the brokerage firm will verify your information. If it is approved, the securities account will be opened successfully.
You need to choose the ETF fund you want to buy and operate it in the securities account. In a securities account, you can trade stocks, funds, bonds and other securities. If you want to buy ETF funds, you can purchase and redeem them through the securities account.
In China, it is not difficult to open an ETF fund account, just open a securities account with a brokerage firm. Investors can choose their favorite brokers, and after opening a securities account, they can conduct various securities transactions such as ETF funds. Before securities trading, investors need to know relevant investment knowledge and risk tips to avoid investment risks.