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 $6,160 $5,600 $12,320 $11,200 50%
E-MINI MIDCAP 400 EMD $14,850 $13,500 $14,850 $13,500 NONE
E-MINI NASDAQ 100 NQ $8,525 $7,750 $17,050 $15,500 50%
MINI RUSSELL 2000 (CME) RTY $3,025 $2,750 $6,050 $5,500 50%
MINI DOW JONES ($5) YM $4,675 $4,250 $9,350 $8,500 50%
MICRO ES MES $616 $560 $1,232 $1,120 50%
MICRO NQ MNQ $852 $775 $1,705 $1,550 50%
MICRO RUSSELL M2K $303 $275 $605 $550 50%
MICRO YM MYM $468 $425 $935 $850 50%
NIKKEI ($ BASED) (CME) NK $7,700 $7,000 $7,700 $7,000 NONE
VIX VX $21,780 $19,800 $21,780 $19,800 *
MINI VOLATILITY INDEX VXM $2,178 $1,980 $2,178 $1,980 *
ICE Bitcoin BTM $8,360 $7,600 $8,360 $7,600 NONE
CME BITCOIN FUTURES BTC $46,783 $42,530 $46,783 $42,530 NONE
CME MICRO BITCOIN FUTURES MBT $957 $870 $957 $870 NONE
CME ETHEREUM FUTURES ETH $36,001 $32,728 $36,001 $32,728 NONE
CME MICRO ETHEREUM FUTURES MET $73 $66 $73 $66 NONE
Eurex
DAX FDAX € 38,427 € 39,427 € 39,427 € 39,427 NONE
MINI-DAX FDXM € 7,685 € 7,685 € 7,685 € 7,685 NONE
MICRO-DAX FDXS € 1,540 € 1,540 € 1,540 € 1,540 NONE
DJ STOXX 50 INDEX FESX € 4,061 € 4,061 € 4,061 € 4,061 NONE
MICRO-DJ EURO STOXX 50 INDEX FUTURES FSXE € 406 € 406 € 406 € 406 NONE
DJ STOXX 600 BANKS FSTB € 942 € 942 € 942 € 942 NONE
DJ STOXX 600 INDST G&S FSTG € 3,750 € 3,750 € 3,750 € 3,750 NONE
EURO-SCHATZ FGBS € 548 € 548 € 548 € 548 NONE
EURO-BOBL FGBM € 1,791 € 1,791 € 1,791 € 1,791 NONE
EURO-BUND FGBL € 3,516 € 3,516 € 3,516 € 3,516 NONE
EURO-OAT FOAT € 3,230 € 3,230 € 3,230 € 3,230 NONE
EURO-BUXL FGBX € 7,466 € 7,466 € 7,466 € 7,466 NONE
DJ STOXX 600 UTILITY FSTU € 1,548 € 1,548 € 1,548 € 1,548 NONE
EURONEXT LIFFE
FTSE 100 INDEX FUTURES LZ £ 3,587 £ 3,261 £ 3,587 £ 3,261 NONE
THREE MONTH EURO (EURIBOR) INTEREST RATE FUTURES LT2 € 660 € 660 € 660 € 660 NONE
THREE MONTH STERLING (SHORT STERLING) INTEREST RATE FUTURES LL £ 204 £ 185 £ 204 £ 185 NONE
THREE MONTH EURO SWISS FRANC INTEREST RATE FUTURES LF2 CHF 271 CHF 246 CHF 271 CHF 246 NONE
LONG GILT FUTURES LJ £ 2,240 £ 2,200 £ 2,240 £ 2,200 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 £ 1,144 £ 1,040 £ 1,144 £ 1,040 NONE
LONDON ROBUSTA COFFEE FUTURES RC $1,760 $1,760 $1,760 $1,760 NONE
CURRENCIES (CME)
AUSTRALIAN DLR. AD $2,002 $1,820 $2,002 $1,820 NONE
BRITISH POUND BP $2,035 $1,850 $2,035 $1,850 NONE
CANADIAN DLR. CD $1,452 $1,320 $1,452 $1,320 NONE
EURO CURRENCY EC $2,640 $2,400 $2,640 $2,400 NONE
JAPANESE YEN JY $2,750 $2,500 $2,750 $2,500 NONE
MEXICAN PESO MP1 $1,430 $1,300 $1,430 $1,300 NONE
NEW ZEALAND DLR. NE1 $1,540 $1,400 $1,540 $1,400 NONE
SWISS FRANC SF $3,190 $2,900 $3,190 $2,900 NONE
DOLLAR INDEX (ICE) DX $2,090 $1,900 $2,090 $1,900 NONE
MINI EURO E7 $1,320 $1,200 $1,320 $1,200 NONE
MINI YEN J7 $1,375 $1,250 $1,375 $1,250 NONE
E-MICRO AUD/USD M6A $182 $165 $182 $165 NONE
E-MICRO GBP/USD M6B $237 $215 $237 $215 NONE
E-MICRO EUR/USD M6E $264 $240 $264 $240 NONE
INTEREST RATES (CBOT)
30-YR T-BOND US $4,180 $3,800 $4,180 $3,800 NONE
Ultra 30-YR T-BOND UB $7,150 $6,500 $7,150 $6,500 NONE
20-YR T-BOND TWE $4,697 $4,270 $4,697 $4,270 NONE
10-YR T-NOTE TY $935 $850 $1,870 $1,700 50%
Ultra 10-YR NOTE TEN $2,860 $2,600 $2,860 $2,600 NONE
5-YR T-NOTE FV $1,320 $1,200 $1,320 $1,200 NONE
2-YR T-NOTE TU $990 $900 $990 $900 NONE
EURODOLLAR (CME) ED $605 $550 $605 $550 NONE
MICRO 2-YEAR YIELD FUTURES 2YY $330 $300 $330 $300 NONE
MICRO 5-YEAR YIELD FUTURES 5YY $319 $290 $319 $290 NONE
MICRO 10-YEAR YIELD FUTURES 10Y $264 $240 $264 $240 NONE
MICRO 30-YEAR YIELD FUTURES 30Y $264 $240 $264 $240 NONE
METALS
GOLD (COMEX) GC $3,960 $3,600 $7,920 $7,200 50%
SILVER (COMEX) SI $9,350 $8,500 $9,350 $8,500 NONE
COPPER (COMEX) HG $6,050 $5,500 $6,050 $5,500 NONE
PALLADIUM (NYMEX) PA $37,950 $34,500 $37,950 $34,500 NONE
PLATINUM (NYMEX) PL $7,480 $6,800 $7,480 $6,800 *
MICRO GOLD (COMEX) MGC $792 $720 $792 $720 NONE
E-MICRO SILVER (COMEX) SIL $1,870 $1,700 $1,870 $1,700 NONE
MICRO COPPER (COMEX) MHG $605 $550 $605 $550 NONE
MINI GOLD (ICE) YG $2,413 $2,194 $2,413 $2,194 NONE
MINI SILVER (ICE) YI $1,835 $1,668 $1,835 $1,668 NONE
ENERGIES
CRUDE OIL (NYMEX) CL $19,250 $17,500 $19,250 $17,500 *
NATURAL GAS (NYMEX) NG $20,680 $18,800 $20,680 $18,800 *
HEATING OIL (NYMEX) HO $34,650 $31,500 $34,650 $31,500 *
RBOB GASOLINE (NYMEX) RB $23,650 $21,500 $23,650 $21,500 *
BRENT CRUDE OIL (ICE) BRN $26,224 $23,840 $26,224 $23,840 *
LOW SULPHUR GASOIL (ICE) ULS $13,532 $12,302 $13,532 $12,302 NONE
E-MINY CRUDE OIL (NYMEX) QM $9,625 $8,750 $9,625 $8,750 *
E-MINY NATURAL GAS (NYMEX) QN $5,170 $4,700 $5,170 $4,700 *
E-MINY HEATING OIL (NYMEX) QH $18,700 $17,000 $18,700 $17,000 *
E-MINY RBOB GASOLINE (NYMEX) QU $13,200 $12,000 $13,200 $12,000 *
MICRO CRUDE OIL (NYMEX) MCL $1,926 $1,750 $1,926 $1,750 *
AGRICULTURE (CBOT)
WHEAT W $8,250 $7,500 $8,250 $7,500 *
HARD RD WINTER WHEAT KW $4,235 $3,850 $4,235 $3,850 NONE
CORN C $5,500 $5,000 $5,500 $5,000 *
OATS O $2,640 $2,400 $2,640 $2,400 NONE
SOYBEANS S $8,800 $8,000 $8,800 $8,000 *
SOYBEAN OIL BO $3,080 $2,800 $3,080 $2,800 NONE
SOYBEAN MEAL SM $2,200 $2,000 $2,200 $2,000 NONE
ROUGH RICE RR $1,183 $1,075 $1,183 $1,075 NONE
MILK (CME) DA $1,128 $1,025 $1,128 $1,025 NONE
BUTTER (CME) CB $3,410 $3,100 $3,410 $3,100 NONE
MINI WHEAT YW $1,650 $1,500 $1,650 $1,500 *
MINI CORN YC $1,100 $1,000 $1,100 $1,000 *
MINI SOYBEANS YK $1,760 $1,600 $1,760 $1,600 *
MEATS (CME)
LEAN HOGS LH $2,090 $1,900 $2,090 $1,900 NONE
LIVE CATTLE LC $1,540 $1,400 $1,540 $1,400 NONE
FEEDER CATTLE FC $3,135 $2,850 $3,135 $2,850 NONE
SOFTS (ICE)
COFFEE KC $9,900 $9,000 $9,900 $9,000 NONE
COTTON CT $4,950 $4,500 $4,950 $4,500 NONE
FROZEN OJ OJ $2,970 $2,700 $2,970 $2,700 NONE
COCOA CC $2,090 $1,900 $2,090 $1,900 NONE
SUGAR #11 SB $1,478 $1,344 $1,478 $1,344 NONE
OTHER
LUMBER (CME) LB $20,900 $19,000 $20,900 $19,000 *

*Indicates requirements above exchange minimums

Additional Notes for Clients Using the Reduced Intraday Margin Rate

The day trade rate is valid from 8:00 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 stop order is required at all times risking no more than half of the day trade rate. Example: E-mini S&P initial margin is $13,200. The day trade rate would be one quarter, $3,300. A stop risking no more than half (in dollar terms) would risk approximately $1,650. This equates to about 33 points, or 33 dollars in the ES index, and that would be the maximum stop allowed. Clients must be above initial overnight margin or out of their positions before the day trade rate ends. Please consult the trade desk for additional details.

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

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