What are the requirements for opening an account?
Options have multiple functions such as transferring risks, meeting the needs of investors with different risk preferences, discovering prices, and improving the liquidity of the underlying asset.
What conditions need to be met to open an option? First, you must determine which type of option you want to open. Domestic options include stock index options, stock options and commodity options. So for stock options, what are the conditions for opening an option account?
How to open an options account quickly?
What are the conditions for opening an option account?
The conditions for opening an option account include examination, capital verification and simulated trading. Specifically, investors are usually required to be 18 or over 21 years old. Specific requirements may vary depending on the region and regulatory agency.
Secondly, investors are required to pass the capital verification and deposit 500,000 yuan of funds for 20 working days.
Of course, you must be an investor who has no laws, illegal operations, or penalties before you can open options. Some brokers may require investors to have certain investment experience or pass relevant exams before they can open an option account.
Investors need to sign relevant agreements, including customer agreements, risk disclosure documents, privacy policies, etc., and generally open an account at the business department outlet of a securities/futures company.
In addition to meeting the conditions, investors can apply at the sales department, and those who do not meet the basic conditions can choose to open an account in separate positions.
Source: Caishun Options~How to open an options account quickly?
If you feel that the process of opening an account with a securities firm is cumbersome and takes too long, you can choose to do it on the options sub-margin platform.
Because it does not require players to have experience or financial preparation, it only requires a mobile phone number and simple identity information to complete the registration.
Individual investors also need to meet certain conditions to open an account on the options sub-margin platform. First of all, they must have futures or margin trading experience, because options are high-risk products, and novices can easily cause losses when trading.