Generally, the account opening procedures of American securities firms can be completed through the Internet. Investors can download all the necessary account opening forms from the website of securities companies, fill them out carefully and send them to brokers by express delivery. Probably need 100-200 yuan international express fee, and some brokers can also send faxes, saving a sum of money.

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Let's talk about how to fill in several key items in the account opening form:

Identification: You can use Chinese mainland resident ID card or passport.

Account type: cash account-you can only use your own funds for stock trading, but you can't do financing stock trading. Some brokers stipulate that cash accounts cannot trade options, or you can't sell options naked. Margin account (margin? Account number)- You can finance stock trading, allow intraday trading and invest in options. Margin accounts have higher requirements for opening funds than cash accounts.

Proof of residence: electricity, water and coal bills can be used as proof of residence.

Whether it is a professional investor or not: the United States has special supervision over professional investors, so pay them less if something goes wrong, because professional investors can identify risks by themselves. For most investors, if they are not financial practitioners, they should not choose the status of professional investors.

Pay taxes: China people do not have to pay capital gains tax when speculating in US stocks. When opening an account, you must fill out the W-8Ben form and indicate your "foreigner" status, so that you don't have to pay taxes to Uncle Sam.

Generally, you can receive the account opening notice and the specific account opening information one or two weeks after sending the account opening form. After opening an account, there will usually be 30-45 days for customers to inject funds.