How to open futures?

Brand model: Huawei P40

System version: HarmonyOS2.0.0

App version: v2.6.0 (taking Cai Zhong Futures Exchange as an example)

The mobile phone account opening process for futures is as follows:

1. Open the mobile APP for futures trading.

2. Choose a futures company that needs to open an account, which is generally large in scale.

3. Enter the mobile phone number and verification code to log in.

4. New account opening users need to upload their ID cards and handwritten signature photos.

5. Select the business department where the account is opened.

6. Fill in the basic information. All items must be filled in. Please pay special attention to the code and name of the referee.

7. Then bind the bank card for the transaction.

8. Choose the type of investors, generally ordinary investors.

9. Make a questionnaire survey on risk tolerance, and after passing the test, choose to continue to open an account.

10. At this time, a dialog box will pop up, insisting on the original option and going to the site to open an account.

1 1. When choosing a futures exchange, you can check three.

12. Please ensure that the camera and microphone of the mobile phone are normal when performing video authentication.

13. You need to install a digital certificate to pass the video authentication. A digital certificate has a 6-digit password to remember.

14. Sign the relevant agreement, pay a return visit online, and submit the application, and you will receive a message that the account has been successfully opened.

Futures, completely different from spot, are actually tradable goods (commodities). Futures are mainly not commodities, but standardized tradable contracts based on some popular products such as cotton, soybeans and oil and financial assets such as stocks and bonds. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.

The delivery date of futures can be one week later, one month later, three months later or even one year later.

A contract or agreement to buy or sell futures is called a futures contract. The place where futures are bought and sold is called the futures market. Investors can invest or speculate in futures.

The commodity variety, trading unit, contract month, margin, quantity, quality, grade, delivery time and delivery place of futures contracts are all established and standardized, and the only variable is price. The standards of futures contracts are usually designed by futures exchanges and listed by national regulatory agencies.