Where do novices buy etf funds?

ETF refers to a transactional open-end index fund, which is generally called an exchange-traded fund. It is an open-end fund that is listed and traded on an exchange and its fund share may change. So where and how do novices buy etf funds? Let's analyze it for you:

Where do beginners buy etf funds? How to buy?

Generally speaking, index funds can be bought off-site or off-site, that is, investors can trade ETF funds in the stock market, or choose to buy them on some financial management software such as fund companies, Alipay and Tiantian Fund Network.

Take banks, securities companies and various financial management software as examples:

(1) Banks

Buying ETF funds in banks requires a lot of initial capital. Investors can just bring their ID cards and bank cards to the bank counter.

(2) Securities companies

The minimum purchase quantity of ETF index funds in securities companies is 1 shares, and the handling fee incurred during trading is similar to that of stocks.

(3) Financial management software

For example, Alipay and Tiantian Fund Network. Or choose to download the financial management software of a large company and subscribe for ETF funds.

The main operation process is as follows:

1. Opening a securities account

If you want to lower the commission, you are advised to open an account online, prepare your ID card and bank card, and directly submit it online when the network is clear. After following the steps, you can wait for the securities firm to review it. Normally, the audit work will be carried out between 9: and 16: on weekdays, and the subsequent results will be passed through investment.

2. Opening bank-securities transfer

After opening a securities account, you should also open bank-securities transfer, but the securities company will automatically open bank-securities transfer for you after investors successfully open a securities account, which is convenient for investors to transfer funds in or out. Because the securities account and the investor's fund account are not the same, investors need to transfer funds into the securities account before trading, which is convenient for trading.

3. Trading

After the above operations are completed, investors can log in to the trading software and directly enter the fund code and the purchase amount at the time of purchase to start trading.