How to open an account for speculating futures?

1. futures account needs to bring his ID card and bank card (Chinese, agricultural, industrial, construction and exchange) to the futures company, and the process is the same as that of ordinary futures account. Copy or scanned copy of bank card of account opening certificate.

2. The customer provides relevant documents and supporting materials. Futures companies issue risk disclosure and futures trading rules to customers, and explain the risks and basic rules of futures trading to customers.

3. If you choose an account with sufficient funds and good reputation to open an account, and if you mainly do commodity futures, then you should choose a futures company with deep research and development capabilities in the spot, so that the futures company can provide customers with the best value futures report because of its understanding of the spot.

4. Bring my ID card and bank card to the futures company to open an account. Bank cards need debit cards from China, agriculture, industry, construction, communications, CITIC, China Everbright and Shanghai Pudong Development Bank. Bank cards with credit card function cannot open accounts.

5. Opening an account Generally speaking, investors should open an account with the member brokers of the gold futures exchange, and sign a risk disclosure statement, trading account agreement, etc. And authorize brokers to buy and sell contracts and pay deposits on their behalf. After the broker is authorized, he can buy and sell futures according to the terms of the contract and according to the instructions of the customer.

6. Futures account speculation procedure: Bring your valid ID card and bank card or passbook to the futures company or local business department (or go to any place where employees of the company or business department are present). Before you go to the futures company, you'd better make an appointment to open an account with the company account manager.