11891 is a fund account, which is mainly divided into cash account and margin account. The cash account is mainly used by customers to buy securities through securities companies, and most insurance companies and government pension funds use cash accounts. Most margin accounts are used by customers to buy a large number of securities with a small amount of money. Moreover, in the two account classifications of fund accounts, cash accounts are basically used by large companies and government departments, and margin accounts are basically used by individuals.

I. Types of fund accounts

(1) Cash account: A cash account refers to a capital account where customers must pay all the price or deliver the securities to the securities company before the liquidation date when buying or selling securities through the securities company. Most individuals and large investors in China, such as insurance companies, enterprises or government pension funds and mutual funds, open cash accounts.

(2) margin account: margin account refers to a capital account in which customers pay the price of purchased securities according to the margin ratio specified in the account, the balance is paid in advance by the securities company, and the loan interest is converted based on the borrowing cost of the securities company. In this account, customers can buy a large number of securities with a small amount of money.

second, what is the difference between an account and an account number

the meaning of an account number: an account number is the representative of the digital age, that is, some numbers that each person represents in a specific project. Sometimes the account can be composed of Chinese or English, or even some symbols.

meaning of account: the account is set according to the account number and has a certain format and structure, which is used to reflect the increase and decrease of accounting elements and the carrier of results.

from the above, it can be seen that accounts and account numbers are different. Generally, accounts can only be opened after an account number is available. In addition, it is necessary to pay attention to the account information not to be told to others casually to prevent the funds from being lost for no reason. When buying funds, we must pay more attention to the income ratio. If an experienced investor can choose some funds with large income, if an inexperienced investor can choose some funds with less risk to buy.