Futures Margin Rates

Due to market volatility, margin rates are subject to change at any time and posted rates may not reflect real-time margin requirements. Information furnished is taken from sources TradeStation believes are accurate. TradeStation is not responsible for any errors or omissions. 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 the trade desk about your account status, to request the most current rate, or for any additional questions you might have regarding margin.

Description Symbol Root Intraday Initial Intraday Maint. Overnight Margin Maintenance Margin Intraday Rate
Indexes
E-MINI S&P 500 ES $1,232 $1,120 $12,320 $11,200 10%
E-MINI MIDCAP 400 EMD $15,840 $14,400 $15,840 $14,400 NONE
E-MINI NASDAQ 100 NQ $1,848 $1,680 $18,480 $16,800 10%
MINI RUSSELL 2000 (CME) RTY $1,705 $1,550 $6,820 $6,200 25%
MINI DOW JONES ($5) YM $880 $800 $8,800 $8,000 10%
MICRO ES MES $308 $280 $1,232 $1,120 25%
MICRO NQ MNQ $462 $420 $1,848 $1,680 25%
MICRO RUSSELL M2K $171 $155 $682 $620 25%
MICRO YM MYM $220 $200 $880 $800 25%
NIKKEI ($ BASED) (CME) NK $7,700 $7,000 $7,700 $7,000 NONE
VIX VX $20,240 $18,400 $20,240 $18,400 *
MINI VOLATILITY INDEX VXM $2,024 $1,840 $2,024 $1,840 *
ICE Bitcoin BTM $7,150 $6,500 $7,150 $6,500 NONE
CME BITCOIN FUTURES BTC $44,000 $40,000 $44,000 $40,000 NONE
CME MICRO BITCOIN FUTURES MBT $880 $800 $880 $800 NONE
CME ETHEREUM FUTURES ETH $33,660 $30,600 $33,660 $30,600 NONE
CME MICRO ETHEREUM FUTURES MET $67 $61 $67 $61 NONE
Eurex
DAX FDAX € 30,469 € 30,469 € 30,469 € 30,469 NONE
MINI-DAX FDXM € 6,093 € 6,093 € 6,093 € 6,093 NONE
MICRO-DAX FDXS € 1,215 € 1,215 € 1,215 € 1,215 NONE
DJ STOXX 50 INDEX FESX € 3,599 € 3,599 € 3,599 € 3,599 NONE
MICRO-DJ EURO STOXX 50 INDEX FUTURES FSXE € 360 € 360 € 360 € 360 NONE
DJ STOXX 600 BANKS FSTB € 1,000 € 1,000 € 1,000 € 1,000 NONE
DJ STOXX 600 INDST G&S FSTG € 3,163 € 3,163 € 3,163 € 3,163 NONE
EURO-SCHATZ FGBS € 835 € 835 € 835 € 835 NONE
EURO-BOBL FGBM € 2,381 € 2,381 € 2,381 € 2,381 NONE
EURO-BUND FGBL € 5,126 € 5,126 € 5,126 € 5,126 NONE
EURO-OAT FOAT € 5,196 € 5,196 € 5,196 € 5,196 NONE
EURO-BUXL FGBX € 10,704 € 10,704 € 10,704 € 10,704 NONE
DJ STOXX 600 UTILITY FSTU € 1,336 € 1,336 € 1,336 € 1,336 NONE
EURONEXT LIFFE
FTSE 100 INDEX FUTURES LZ £ 4,321 £ 4,321 £ 4,321 £ 4,321 NONE
THREE MONTH EURO (EURIBOR) INTEREST RATE FUTURES LT2 € 1,133 € 1,133 € 1,133 € 1,133 NONE
LONG GILT FUTURES LJ £ 6,130 £ 6,130 £ 6,130 £ 6,130 NONE
MEDIUM GILT FUTURES H £ 1,199 £ 1,090 £ 1,199 £ 1,090 NONE
SHORT GILT FUTURES G £ 858 £ 780 £ 858 £ 780 NONE
LONDON COCOA FUTURES CC3 £ 1,180 £ 1,180 £ 1,180 £ 1,180 NONE
LONDON ROBUSTA COFFEE FUTURES RC $1,360 $1,360 $1,360 $1,360 NONE
CURRENCIES (CME)
AUSTRALIAN DLR. AD $1,100 $1,000 $2,200 $2,000 50%
BRITISH POUND BP $1,540 $1,400 $3,080 $2,800 50%
CANADIAN DLR. CD $757 $690 $1,518 $1,380 50%
EURO CURRENCY EC $1,458 $1,325 $2,915 $2,650 50%
JAPANESE YEN JY $4,092 $3,720 $4,092 $3,720 NONE
MEXICAN PESO MP1 $1,650 $1,500 $1,650 $1,500 NONE
NEW ZEALAND DLR. NE1 $1,980 $1,800 $1,980 $1,800 NONE
SWISS FRANC SF $4,950 $4,500 $4,950 $4,500 NONE
DOLLAR INDEX (ICE) DX $1,375 $1,250 $2,750 $2,500 50%
MINI EURO E7 $729 $663 $1,458 $1,325 50%
MINI YEN J7 $2,046 $1,860 $2,046 $1,860 NONE
E-MICRO AUD/USD M6A $220 $200 $220 $200 NONE
E-MICRO GBP/USD M6B $308 $280 $308 $280 NONE
E-MICRO EUR/USD M6E $292 $265 $292 $265 NONE
INTEREST RATES (CBOT)
30-YR T-BOND US $2,310 $2,100 $4,620 $4,200 50%
Ultra 30-YR T-BOND UB $3,575 $3,250 $7,150 $6,500 50%
20-YR T-BOND TWE $2,695 $2,450 $5,390 $4,900 50%
10-YR T-NOTE TY $1,238 $1,125 $2,475 $2,250 50%
Ultra 10-YR NOTE TEN $1,705 $1,550 $3,410 $3,100 50%
5-YR T-NOTE FV $935 $850 $1,870 $1,700 50%
2-YR T-NOTE TU $798 $725 $1,595 $1,450 50%
EURODOLLAR (CME) ED $1,188 $1,080 $1,188 $1,080 NONE
ONE-MONTH SOFR SR1 $990 $900 $990 $900 NONE
THREE-MONTH SOFR SR3 $1,348 $1,225 $1,348 $1,225 NONE
MICRO 2-YEAR YIELD FUTURES 2YY $462 $420 $462 $420 NONE
MICRO 5-YEAR YIELD FUTURES 5YY $468 $425 $468 $425 NONE
MICRO 10-YEAR YIELD FUTURES 10Y $429 $390 $429 $390 NONE
MICRO 30-YEAR YIELD FUTURES 30Y $330 $300 $330 $300 NONE
METALS
GOLD (COMEX) GC $4,400 $4,000 $8,800 $8,000 50%
SILVER (COMEX) SI $5,225 $4,750 $10,450 $9,500 50%
COPPER (COMEX) HG $3,355 $3,050 $6,710 $6,100 50%
PALLADIUM (NYMEX) PA $10,450 $9,500 $20,900 $19,000 50%
PLATINUM (NYMEX) PL $2,035 $1,850 $4,070 $3,700 50%
ALUMINUM (COMEX) ALI $3,960 $3,600 $3,960 $3,600 NONE
MICRO GOLD (COMEX) MGC $440 $400 $880 $800 50%
E-MICRO SILVER (COMEX) SIL $1,045 $950 $2,090 $1,900 50%
MICRO COPPER (COMEX) MHG $671 $610 $671 $610 NONE
ENERGIES
CRUDE OIL (NYMEX) CL $3,190 $2,900 $6,380 $5,800 50%
NATURAL GAS (NYMEX) NG $2,200 $2,000 $4,400 $4,000 50%
HEATING OIL (NYMEX) HO $4,345 $3,950 $8,690 $7,900 50%
RBOB GASOLINE (NYMEX) RB $4,070 $3,700 $8,140 $7,400 50%
BRENT CRUDE OIL (ICE) BRN $3,555 $3,555 $7,110 $7,110 50%
LOW SULPHUR GASOIL (ICE) ULS $7,552 $7,552 $7,552 $7,552 NONE
E-MINY CRUDE OIL (NYMEX) QM $1,295 $1,450 $3,190 $2,900 50%
E-MINY NATURAL GAS (NYMEX) QN $550 $500 $1,100 $1,000 50%
E-MINY HEATING OIL (NYMEX) QH $2,173 $1,975 $4,345 $3,950 50%
E-MINY RBOB GASOLINE (NYMEX) QU $2,035 $1,850 $4,070 $3,700 50%
MICRO CRUDE OIL (NYMEX) MCL $319 $290 $638 $580 50%
MICRO HEATING OIL MHO $869 $790 $869 $790 NONE
MICRO RBOB GASOLINE MRB $814 $740 $814 $740 NONE
AGRICULTURE (CBOT)
WHEAT W $3,080 $2,800 $3,080 $2,800 NONE
HARD RD WINTER WHEAT KW $3,190 $2,900 $3,190 $2,900 NONE
CORN C $2,200 $2,000 $2,200 $2,000 NONE
OATS O $1,980 $1,800 $1,980 $1,800 NONE
SOYBEANS S $3,410 $3,100 $3,410 $3,100 NONE
SOYBEAN OIL BO $2,750 $2,500 $2,750 $2,500 NONE
SOYBEAN MEAL SM $2,310 $2,100 $2,310 $2,100 NONE
ROUGH RICE RR $1,540 $1,400 $1,540 $1,400 NONE
MILK (CME) DA $1,650 $1,500 $1,650 $1,500 NONE
BUTTER (CME) CB $2,640 $2,400 $2,640 $2,400 NONE
MINI WHEAT YW $616 $560 $616 $560 NONE
MINI CORN YC $440 $400 $440 $400 NONE
MINI SOYBEANS YK $682 $620 $682 $620 NONE
MEATS (CME)
LEAN HOGS LH $1,925 $1,750 $1,925 $1,750 NONE
LIVE CATTLE LC $1,760 $1,600 $1,760 $1,600 NONE
FEEDER CATTLE FC $3,135 $2,850 $3,135 $2,850 NONE
SOFTS (ICE)
COFFEE KC $7,425 $6,750 $7,425 $6,750 NONE
COTTON CT $4,950 $4,500 $4,950 $4,500 NONE
FROZEN OJ OJ $3,795 $3,450 $3,795 $3,450 NONE
COCOA CC $1,573 $1,430 $1,573 $1,430 NONE
SUGAR #11 SB $1,478 $1,344 $1,478 $1,344 NONE
OTHER
LUMBER (CME) LB $11,660 $10,600 $11,660 $10,600 *
New Lumber (CME) LBR $2,916 $2,650 $2,916 $2,650 *

*Indicates requirements above exchange minimums

Additional Notes for Clients Using the Reduced Intraday Margin Rate

The day trade rate is valid from 9:00 a.m. until 4 p.m. ET Monday through Friday, for U.S. Equity Index Futures, as well as select Currency, Energy, Metals, and Interest Rate contracts. A valid stop order* is required at all times when utilizing the day trade rate. Additionally, an account using the maximum available day trade buying power is subject to a greater risk of immediate liquidation pursuant to the terms of your customer agreement, which includes when an account’s equity falls below the position’s intraday margin maintenance requirement. Repeat violations of the firm’s stop order policy could result in the loss of the account’s ability to utilize reduced intraday margins. Clients must be above initial overnight margin or out of their positions before the intraday rate ends. Please consult the trade desk for additional details.

SPAN margins may be applied. Margins required may vary from the published rates.

*Risking no more than 50% of the Intraday Margin 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.

Futures’ trading is not suitable for all investors and involves the risk of loss. The risk of loss in futures can be substantial. You should, therefore, carefully consider whether such trading is suitable for your financial condition. No statement within this webpage should be construed as a recommendation to buy or sell a futures contract or as investment advice.

The regular risks associated with trading commodity futures contracts also apply to the trading of Bitcoin futures. These risks can be viewed at the following link: https://www.tradestation.com/important-information/. Customers choosing to trade Bitcoin futures should consider additional significant risks including, but not limited to: (a) Bitcoin futures contracts have  a limited history of trading on  U.S.-regulated futures exchanges ; (b) The price of the underlying Bitcoin and the indexes on which the futures contracts are based are highly volatile and unpredictable based on many factors; (c) Since a limited number of futures commissions merchants may offer trading in the Bitcoin futures contracts, there might be limited volume that might impact market efficiencies and price movements; and (d) The risk of loss can be substantial and could result in a customer losing more than the initial or maintenance margin requirement.  As such, each customer should conduct his or her own due diligence prior to make a decision to trade in these products.  See the link below from the National Futures Association for more information.

https://www.nfa.futures.org/investors/investor-advisory.html

Additionally, the Commodity Futures Trading Commission (“CFTC”) has made available a Virtual Currency Resource Web Page designed to educate and inform the public about this topic and its risks.  See the link below for further information from the CFTC.

http://www.cftc.gov/bitcoin/index.html

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