Where can I open an account for spot crude oil?

Spot crude oil can be handled online, or at platform member units or agencies.

Account opening process:

1. The customer goes to the member company to fill in the customer questionnaire;

2. Members open customer trading accounts for customers who meet the conditions for opening accounts;

3. The customer signs the risk disclosure statement and the customer agreement;

4. The natural person customer opens a personal bank account at the clearing bank for transaction reserve designated by the trading center.

The institutional client opens an institutional clearing account at the clearing bank designated by the trading center and signs an agreement on the deposit and management of the trading reserve;

5. After the customer is familiar with the relevant rules and management measures of the trading center and participates in the simulated trading to reach the number of days and trading volume required by the trading center, sign the risk warning letter and the customer confirmation letter;

6. On the day when the customer signs all necessary documents and completes the customer account opening application, send the trading account number and password to the customer by SMS or email, and make a telephone call back to confirm.

7. Customer deposit: Customer deposit can be handled through the counter or online banking through the bank deposit channel (direct remittance is not allowed, otherwise the related responsibilities and losses arising therefrom will be borne by customers and members themselves);

8. Members will scan the relevant information provided by customers and the signature pages of documents such as risk disclosure, customer agreement, risk warning letter, customer confirmation letter and customer transaction application form, and then send them to the corporate mailbox of member units in electronic form.

9. The trading department of the trading center conducts compliance audit on the customer information submitted by the members, and activates the trading account according to the customer's application after verifying the customer's deposit.

10, the customer downloads and installs the client program in the trading center or member official website, logs in the spot electronic disk of the exchange during the transaction, and modifies the password;

1 1. After opening an account, customers can log on to the spot crude oil electronic trading platform according to the account number allocated by the trading center and their own password to start trading.