GuoDu Account Type

　　GuoDu offers different types of accounts tailored to meet the needs of various traders. The primary account types include:

• Cash Account: This account allows traders to buy securities with the cash they deposit. There are no borrowing options, and it is suitable for those who prefer to trade without debt.
• Margin Account: This account enables traders to borrow funds from the broker to purchase securities, allowing for greater purchasing power. However, it involves higher risk due to the potential for margin calls.
• Futures Account: Designed for trading futures contracts, this account is suitable for traders interested in commodities and financial products.

　　

GuoDu Broker Account Opening Process

　　Opening an account with GuoDu involves several steps, which can be done either online or offline. Heres a detailed breakdown of the process:

　　

Online Account Opening Process

• Submit Account Opening Information:
• Visit the GuoDu website and fill out the online application form with personal and financial information.
• Upload necessary identification documents.
• Complete Risk Disclosure:
• Engage in face recognition and provide a digital signature to complete the risk disclosure process.
• Await Approval:
• After submission, the application will be reviewed by GuoDu staff.
• Receive Confirmation Emails:
• Upon approval, you will receive three emails:
• Account Opening Confirmation: Contains your trading account number and basic information.
• Preset Password Email: Provides a preset transaction login password and trading software description.
• GuoDu Token Activation Email: Includes a QR code for activating the GuoDu token for added security.

　　

Offline Account Opening Process

• Fill Out the Form:
• Visit a GuoDu branch and fill out the account opening form with your identification information.
• Arrange for Witnessing:
• Schedule a meeting with a representative who will supervise the completion of the necessary documentation.
• Sign for the Information:
• During the meeting, sign the account opening forms under the witness's supervision.
• Risk Assessment:
• A licensed professional will conduct a risk assessment based on regulatory requirements.
• Complete the Account Opening:
• After the risk assessment, you will receive the same three confirmation emails as in the online process.

　　By following these steps, you can successfully open an account with GuoDu and start trading.