What is the process of futures account?

Step 1: Bring your valid personal identification to the business department to sign for account opening materials (including exams, and contact our commodity futures customers to provide basic training and exam practice materials free of charge);

Step 2: simulated trading of firm futures above 10 or crude oil futures above 10 in the last three years;

Step 3: The available funds in the futures account before the application are more than 500,000, and kept for five consecutive trading days;

Step 4: After the above conditions are met, the application for opening will be submitted for you on the sixth trading day.

After the customer obtains the capital account in the futures company, the futures company will handle the trading code in each exchange for the customer, and the transaction can be carried out after the code is approved.

Most investors use the bank transfer system in the trading software to deposit and withdraw money (cash, wire transfer, draft, check, etc.). ). Among them, telegraphic transfer, bill of exchange and cheque are deemed to have arrived after the funds are deposited in the account of the futures company; Foreign customers can open a current account in any local bank and transfer it to the company account through the bank. After the funds are in place, it is considered a success.

The futures company requires that the remitter's name must be the same as the account holder's name in the company before the money can be deposited in the account holder's name, otherwise the remitter must issue a "capital certificate" to the futures company. When customers remit money, it is best to fill in the column of "use of funds" as "XXX deposit account".

Online customers use the special trading software provided by futures companies to watch, analyze and self-help online transactions through the Internet. When there is a problem in the network, customers can place an order through the emergency telephone of the futures company (please refer to the account opening information of the futures company for the telephone number), and quote your trading account number and trading code to place an order by telephone.

If the communication of the futures company fails, the system will automatically switch to manual entrustment to place orders, and customers can still conduct online self-service transactions, but the speed of placing orders and returning goods will be reduced.