Hicend Account Type

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

• 　　Cash Account: This account allows traders to purchase investments using the deposited funds. It is suitable for beginners who want to manage their investments without the complexities of borrowing funds.

• 　　Margin Account: This account enables traders to borrow money from the broker to buy securities, allowing for the potential of higher returns. However, it comes with higher risks, including the possibility of margin calls.

• 　　Futures Trading Account: Specifically designed for futures trading, this account allows traders to engage in contracts linked to various financial instruments, including commodities and stock indices.

  　　

　　

Hicend Broker Account Opening Process

　　Opening an account with Hicend involves a straightforward process, which can typically be completed online in a few steps:

• 　　Visit the Hicend Website: Navigate to the official Hicend website at www.hicend.com.cn.

• 　　Sign Up: Click on the “Sign Up” button located on the homepage.

• 　　Registration Steps:

• Graphical Captcha: Enter the graphical captcha to verify authenticity.
• Mobile Number: Input your mobile phone number and click on the “Send Verification Code” button.
• Verification Code: Enter the received SMS verification code to complete validation.

• 　　Set Up Login Credentials: Create your login credentials and agree to the terms and conditions.

• 　　Identity Verification: Undergo any necessary identity verification to ensure a secure account opening process.

• 　　Funding Your Account: After your account is set up, you can fund it through various methods, including bank transfers as outlined by Hicends deposit guidelines.

　　By following these steps, traders can successfully open an account with Hicend and begin their trading journey.