Now is the Internet age, you can open an account online. Computer account opening is on the official website of the futures company, and mobile account opening is on the futures company’s App. Prepare your ID card and bank card, and you can open an account in 20-30 minutes. However, in order to make money, futures companies default to relatively high handling fees for customers, which are basically 2-6 times the minimum handling fee standard.
Futures companies actually implement differentiated pricing. For novices who have just entered the market, futures companies will give the highest standard handling fees to obtain the maximum return in the short term. For veterans who understand the market, futures companies are generally willing to give the lowest standard handling fee, small profits but quick turnover, and long-term cooperation. Therefore, the way to get the lowest handling fee is to tell the futures company that you understand the market, talk to them, and ask them to give you the lowest standard handling fee. By the way, the default margin standard is also relatively high. Remember to talk to the company’s business personnel and ask him to apply for the minimum margin for you. A low margin can improve the utilization rate of funds, and most futures companies can negotiate.
In addition, we must pay attention to find a regular futures company to open an account. Most of the futures companies are state-owned enterprises, and our money is actually stored in the bank. As long as it is a regular futures company, the funds are absolutely safe. I am afraid that there are many leather bag companies that open fake orders and pretend to be regular futures companies to deceive people. Therefore, before opening an account, remember to check whether it is a regular futures company, and provide you with several inspection methods:
1. Do not make a deposit first, and log in to a regular trading software after opening, such as Wenhua Finance and Boyi Master. If you can log in, you are a regular futures company .
2. Inquire on the official website of the China Securities Regulatory Commission. The China Securities Regulatory Commission publishes a catalog of futures companies every year.
3. Go to the official website of the other party’s futures company to verify whether it has Baidu certification or 360 certification.
4. Check whether the account opening software given to you by the other party is the futures company’s App or the futures account opening cloud App of the China Securities Regulatory Commission.
The simplest and most effective is method 1. With Wenhua Finance or Boyi Master, you can find any one to log in and test, and you can judge, which is simple and effective.
When opening an account, you don't need to go to the futures exchange, just go to the futures company. The following is the process, you can refer to it:
Choose a futures company
1. Strong capital and good reputation.
2. The communication tools are fast, advanced and the service quality is good.
3. Be able to actively provide customers with various detailed market information.
4. Take the initiative to introduce favorable trading opportunities to customers, and be honest, credible, steady and prudent, and have a good business image.
5. Collect a reasonable performance bond.
6. Provision of reasonable and preferential commissions.