DCE Account Types

DCE offers a variety of account types for traders, including:

• Cash Accounts: The most basic type of brokerage account where investors use their deposited cash to buy and sell securities. There is no risk of borrowing, making it less risky for beginners.

• Margin Accounts: These accounts allow investors to borrow money from the broker to purchase securities, enabling them to buy more than they could with their available cash. However, this increases the risk of losses and requires maintaining a minimum balance.

• Retirement Accounts: Specialized accounts designed for long-term savings, offering tax benefits. Investors can contribute pre-tax money, and taxes are deferred until withdrawals are made in retirement.

• Joint Accounts: Accounts held by two or more individuals, allowing them to pool resources and invest together.

• Proprietary Trading Accounts: These accounts are part of a funded trader program, allowing traders to use the firm's capital after passing an evaluation process.

DCE Broker Account Opening Process

To open an account with DCE, follow these steps:

• Choose the Account Type: Decide which type of account suits your investment goals (Cash, Margin, Retirement, etc.).

• Complete the Application: Fill out the account opening form with personal information including your full name, date of birth, contact details, identification details, and financial information.

• Provide Documentation: Submit any required documents for verification, such as proof of identity and income.

• Review Agreement: Carefully read the new account agreement, which outlines your rights and responsibilities. Do not sign unless you fully understand the terms.

• Fund Your Account: After your application is approved, fund your account through electronic transfer, check, or other accepted payment methods.

• Start Trading: Once your account is funded, you can begin trading on the DCE platform.

For further assistance, you can contact DCE at inquiries@dce.com.cn or call their customer service at 84807090.