Account and Margin Requirements | Futures

Futures Account & Margin Requirements

Minimum Initial Account Balance

$5,000

IRA Minimum Account Balance

$5,500

Futures Margin Rates

Indexes
Eurex
Currencies
Interest Rates
Metals
Energies
Agriculture
Meats
Softs
Other

Description	Symbol Root	Initial Margin	Maint. Margin	Day Trading Rate
Indexes
E-MINI S&P 500 *	ES	$4,375	$3,500	25% of initial
E-MINI MIDCAP 400 *	EMD	$6,250	$5,000	25% of initial
MINI RUSSELL 2000 (ICE)*	TF	$6,600	$6,000	25% of initial
E-MINI NASDAQ 100 *	NQ	$2,500	$2,000	25% of initial
MINI DOW JONES ($5) *	YM	$3,125	$2,500	25% of initial
S&P 500 (CME)	SP	$21,875	$17,500	NONE
NASDAQ 100 (CME)	ND	$12,500	$10,000	NONE
DOW JONES ($10) (CBOT)	DJ	$6,250	$5,000	NONE
NIKKEI ($ BASED) (CME)	NK	$3,750	$3,000	NONE
VIX	VX	$6,900	$5,520	NONE
EUREX
DAX*	FDAX	€12,583	€12,583	25% of initial
DJ STOXX 50 INDEX*	FESX	€1,682	€1,682	25% of initial
DJ EURO STOXX BANKS	FESB	€510	€510	NONE
DJ STOXX 600 BANKS	FSTB	€535	€535	NONE
DJ STOXX 600 INDST G&S	FSTG	€1,150	€1,150	NONE
EURO-SCHATZ	FGBS	€420	€420	NONE
EURO-BOBL	FGBM	€1,560	€1,560	NONE
EURO-BUND*	FGBL	€2,950	€2,950	25% of initial
EURO-BUXL*	FGBX	€5,760	€5,760	25% of initial
DJ STOXX 600 UTILITY*	FSTU	€935	€935	25% of initial
CURRENCIES (CME)
AUSTRALIAN DLR.	AD	$3,780	$2,800	NONE
BRITISH POUND	BP	$2,025	$1,500	NONE
CANADIAN DLR.	CD	$2,295	$1,700	NONE
EURO CURRENCY	EC	$4,725	$3,500	NONE
JAPANESE YEN	JY	$4,860	$3,600	NONE
MEXICAN PESO	MP1	$3,750	$3,000	NONE
NEW ZEALAND DLR.	NE1	$2,700	$2,000	NONE
SWISS FRANC	SF	$6,210	$4,600	NONE
DOLLAR INDEX (ICE)	DX	$1,320	$1,200	NONE
MINI EURO	E7	$2,363	$1,750	NONE
MINI YEN	J7	$2,430	$1,800	NONE
E-MICRO AUD/USD	M6A	$378	$280	NONE
E-MICRO GBP/USD	M6B	$203	$150	NONE
E-MICRO EUR/USD	M6E	$473	$350	NONE
INTEREST RATES (CBOT)
30-YR T-BOND	US	$3,780	$2,800	NONE
10-YR T-NOTE	TY	$1,485	$1,100	NONE
5-YR T-NOTE	FV	$878	$650	NONE
2-YR T-NOTE	TU	$371	$275	NONE
EURODOLLAR (CME)	ED	$439	$325	NONE
METALS
GOLD (COMEX)	GC	$10,125	$7,500	NONE
GOLD (NYSE LIFFE)	ZG	$10,009	$9,099	NONE
SILVER (COMEX)	SI	$18,900	$14,000	NONE
SILVER (NYSE LIFFE)	ZI	$15,945	$14,495	NONE
COPPER (COMEX)	HG	$5,400	$4,000	NONE
PALLADIUM (NYMEX)	PA	$5,225	$4,750	NONE
PLATINUM (NYMEX)	PL	$3,850	$3,500	NONE
MINI GOLD (NYSE LIFFE)	YG	$3,336	$3,033	NONE
MINI SILVER (NYSE LIFFE)	YI	$3,189	$2,899	NONE
ENERGIES (NYMEX)
CRUDE OIL	CL	$6,885	$5,100	NONE
NATURAL GAS	NG	$2,835	$2,100	NONE
HEATING OIL	HO	$6,480	$4,800	NONE
RBOB GASOLINE	RB	$8,100	$6,000	NONE
E-MINY CRUDE OIL	QM	$3,443	$2,550	NONE
E-MINY NATURAL GAS	QN	$709	$525	NONE
E-MINY HEATING OIL	QH	$3,240	$2,400	NONE
E-MINY RBOB GASOLINE	QU	$4,050	$3,000	NONE
AGRICULTURE (CBOT)
WHEAT	W	$3,038	$2,250	NONE
CORN	C	$2,363	$1,750	NONE
OATS	O	$1,013	$750	NONE
SOYBEANS	S	$3,375	$2,500	NONE
SOYBEAN OIL	BO	$1,215	$900	NONE
SOYBEAN MEAL	SM	$1,958	$1,958	NONE
ROUGH RICE	RR	$1,350	$1,000	NONE
MILK (CME)	DA	$2,025	$1,500	NONE
BUTTER (CME)	CB	$1,620	$1,200	NONE
MINI WHEAT	YW	$608	$450	NONE
MINI CORN	YC	$473	$350	NONE
MINI SOYBEANS	YK	$675	$500	NONE
MEATS (CME)
LEAN HOGS	LH	$1,688	$1,250	NONE
LIVE CATTLE	LC	$1,620	$1,200	NONE
FEEDER CATTLE	FC	$2,025	$1,500	NONE
SOFTS (ICE)
COFFEE	KC	$3,905	$3,550	NONE
COTTON	CT	$2,200	$2,000	NONE
FROZEN OJ	OJ	$1,518	$1,380	NONE
COCOA	CC	$1,375	$1,250	NONE
SUGAR #11	SB	$1,595	$1,450	NONE
OTHER
LUMBER (CME)	LB	$2,250	$1,500	NONE

Single Stock Futures Margin Rates

Initial Margin	Maint. Margin	Day Trading Rate
20% of market value of market value for most single stock futures	20% of market value of market value for most single stock futures	None

Initial Margin

Maint. Margin

Day Trading Rate

20% of market value

of market value for most single stock futures

20% of market value

of market value for most single stock futures

None

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Additional Notes for Clients Using the Reduced Intraday Margin Rate:

The day trade rate is valid from 8:00 am until 4:15 pm ET Monday thru Thursday, 4:00 pm ET on Friday, for U.S. markets. For Eurex markets, day trade rate is valid from 3:00 am ET until session close Monday thru Friday. A stop order is required at all times risking no more than one third of the day trade rate. Example: E-mini S&P initial margin is $4,375.00. The day trade rate would be one quarter, $1,094.00. A stop risking no more than one third (in dollar terms) would risk approximately $365.00. This equates to about 8 points, or 8 dollars in the ES index, and that would be the maximum stop allowed. Client must be above initial overnight margin or out of their positions before the day trade rate ends. The day trade rate is only available for the following contracts: ES, NQ, YM, TF, EMD, FDAX, FESX, FGBL, FGBX, FSTU. Please consult our trade desk for additional details.

Information furnished is taken from sources TradeStation believes are accurate. TradeStation is not responsible for any errors or omissions. To confirm any item in this schedule, please call your trade desk.

All margin calls must be met on the same day your account incurs the margin call. Margins are subject to change and/or revision at any time without prior notice. Please consult your trade desk about your account status, to request the most current rate, or for any additional questions you might have regarding margin.

SPAN margins may be applied. SPAN margins may vary slightly from the published rate.

By trading on margin (sometimes also referred to as "leveraging" or "gearing") in your futures account, you acknowledge and agree that TradeStation may, in its sole discretion, and without prior notice to you, and at any time, impose a margin call and liquidate your account, in whole or part, to meet such margin call and otherwise satisfy or offset any debit item or debit balance, or decrease or eliminate leveraging, in your account. You further acknowledge and agree that TradeStation may, in its sole discretion, and without notice to you, liquidate any delivery month contract in your account to prevent or minimize the risk of delivery, and that such liquidation may occur five or more days, depending on the contract and TradeStation's subjective evaluation of risk, prior to the delivery date.