Eastmoney Securities broker Accounts

eastmoney securities Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: eastmoney securities Account Types Overview

eastmoney securities Account Types Explained

Eastmoney Securities offers several account types tailored to different trading needs and preferences. Below is a detailed overview of the available account types:

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• All Levels: Demo Account for practice

Part 2: eastmoney securities Account Features Comparison

Detailed eastmoney securities Account Features

When comparing the features of eastmoney securities account types, consider the following:

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• User-friendly for beginners
• Access to a variety of instruments
• ECN Account:
• Tight spreads and low commissions
• Direct market access
• Suitable for high-frequency traders
• Pro Account:
• Highest leverage options
• Advanced trading tools
• Personalized support
• Islamic Account:
• Complies with Sharia law
• No swap fees
• Suitable for Muslim traders
• Demo Account:
• Risk-free trading environment
• Practice trading strategies
• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:
• Limited advanced features
• Higher spreads compared to ECN
• ECN Account:
• Higher minimum deposit
• Commission fees may add up
• Pro Account:
• High minimum deposit
• Complex for beginners
• Islamic Account:
• Limited to specific trading instruments
• Demo Account:
• No real money involved
• Limited duration (typically 30 days)

Part 3: eastmoney securities Account Opening Requirements

eastmoney securities Account Registration Requirements

To open an account with eastmoney securities, the following eligibility criteria and documentation are required:

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available to residents of China and select international locations.

• Prohibited Countries: Specific countries may be restricted; check with eastmoney for the latest updates.

• Identity Verification Documents Needed:

• Government-issued ID (Passport or National ID)

• Proof of residence (utility bill or bank statement dated within the last three months)

• Additional identification may be required for professional accounts.

• Proof of Residence Requirements:

• Recent utility bill, bank statement, or lease agreement showing your name and address.

• Additional Documentation for Professional Accounts:

• Business registration documents

• Proof of trading experience or financial background.

• KYC/AML Compliance Procedures:

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of the registration process.

• Verification Time Frames:

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: eastmoney securities Account Opening Process

Step-by-Step eastmoney securities Account Opening Guide

1. Visit Website and Click Registration:

• Navigate to the eastmoney securities website and click on the "Open Account" button.

1. Personal Information Entry:

• Fill in your personal details, including name, address, and contact information.

1. Choose Account Type:

• Select the type of account you wish to open (Standard, ECN, Pro, Islamic, or Demo).

1. Set Trading Preferences:

• Indicate your trading preferences and risk tolerance.

1. Document Upload:

• Upload the required identity verification documents and proof of residence.

1. Account Verification:

• Wait for the verification process to complete, which usually takes 1-3 business days.

1. Fund Your Account:

• Once verified, fund your account using the available payment methods.

1. Start Trading:

• After funding, you can start trading on your chosen platform.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile app may have a more streamlined interface for quick entry.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
• Issue: Verification takes longer than expected.
• Solution: Contact customer support for updates.

Average Account Approval Time

• The average account approval time is 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• To change your account type, contact customer support or access your account settings on the platform.

Part 5: eastmoney securities Demo Account Information

eastmoney securities Demo Account Guide

• Demo Account Features and Benefits:

• Practice trading without financial risk.

• Access to real market conditions and trading instruments.

• Ideal for testing strategies before going live.

• How to Open a Demo Account:

• Follow the same registration process as for a live account but select "Demo Account" during the account type selection.

• Demo Account Limitations:

• Limited duration (typically 30 days).

• Virtual funds may be capped (e.g., ¥100,000).

• Virtual Balance Amount:

• The demo account typically provides a virtual balance of ¥100,000.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts involve real money.

• Trading conditions may differ slightly in terms of execution speed and spreads.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually expire after 30 days of inactivity.

Part 6: eastmoney securities Islamic Account (if available)

eastmoney securities Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Eastmoney offers an Islamic Account that complies with Sharia law.

• Eligibility Requirements:

• Must be a Muslim trader seeking a swap-free trading environment.

• Differences from Standard Accounts:

• No swap fees are charged on overnight positions.

• Other trading conditions remain similar to standard accounts.

• How to Apply for Islamic Account:

• Select the Islamic Account option during the registration process or contact customer support for assistance.

• Restrictions or Special Conditions:

• Islamic Accounts may have specific trading instruments available; check with eastmoney for details.

FAQs – eastmoney securities Account Types & Opening

1. What account types does eastmoney securities offer？

• Eastmoney securities offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard Account: ¥1,000; ECN Account: ¥5,000; Pro Account: ¥10,000; Islamic Account: ¥1,000; Demo Account: Free.

1. How long does eastmoney securities account verification take？

• Verification typically takes 1-3 business days.

1. Does eastmoney securities offer demo accounts？

• Yes, eastmoney securities offers a demo account for practice trading.

1. Can I have multiple account types with eastmoney securities？

• Yes, you can open multiple account types, subject to the minimum deposit requirements.

1. Does eastmoney securities offer Islamic/swap-free accounts？

• Yes, eastmoney securities offers Islamic accounts that comply with Sharia law.

1. What documents do I need to open a eastmoney securities account？

• A government-issued ID, proof of residence, and additional documentation for professional accounts.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support or through your account settings.