The stock market has been so good recently, and many novices in the stock market are already eager to try it. Regardless of whether the current stock market has investment value or ornamental value, Xiaowei will first talk about the relevant content of opening an account before entering the stock market.
The Chinese stock market is divided into the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The companies listed in Shanghai are mainly large state-owned enterprises, and the companies listed in Shenzhen are mainly small and medium-sized enterprises and the GEM. There is the simplest way to determine whether it is the SSE or the Shenzhen Stock Exchange. The SSE starts with 600 and 601, the Shenzhen Stock Exchange starts with 000, and the GEM starts with 300.
What are the fees when opening a securities account?
Account opening fee: Individual A-share accounts charge 90 yuan, but now basically no securities company will charge this 90 yuan. Account opening is free. They will extract commissions from your subsequent transactions to earn back this cost.
Commission: Charged on a proportional basis, the highest rate is three thousandths and the lowest is three thousandths. This is flexible and you need to negotiate with the securities company yourself. If not, they will usually charge a higher rate. After negotiating, they will lower it for you. Of course, the policies of securities companies in various regions are different. In short, the lower the better!
Stamp tax: It is only levied when selling stocks (that is to say, it is not charged when buying stocks). The tax rate is one thousandth (1‰), that is, a stamp tax of 1 yuan is charged for 1,000 yuan, a stamp tax of 10 yuan is charged for 10,000 yuan, and so on…
Transfer fee: For stocks listed on the Shanghai Stock Exchange, a transfer fee of 1 yuan is charged for every 1,000 shares. If the amount is less than 1 yuan, a transfer fee of 1 yuan is charged; there is no transfer fee for stocks listed on the Shenzhen Stock Exchange.
Margin: There is no margin for stock accounts because there is no leverage. Only leveraged transactions such as futures have margin.
So how much is the minimum deposit into the account?
During the account opening process, there will be a link to link the bank card. After linking, there is no charge for transferring money from your bank card to the stock account, or transferring money from the stock account to the bank card after making money. As for the minimum deposit amount, it depends on how much stock you want to buy. The minimum trading unit is one lot, which is 100 shares. If you want to buy a stock worth 1 yuan, you need a minimum of 100 yuan, and a stock worth 10 yuan requires a minimum of 1,000 yuan.
In addition, there is no annual fee for securities accounts, and fees are charged according to buying and selling operations.
