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 $2,888 $2,625 $11,550 $10,500 25%
E-MINI MIDCAP 400 EMD $14,850 $13,500 $14,850 $13,500 NONE
E-MINI NASDAQ 100 NQ $4,125 $3,750 $16,500 $15,000 25%
MINI RUSSELL 2000 (CME) RTY $1,513 $1,375 $6,050 $5,500 25%
MINI DOW JONES ($5) YM $2,200 $2,000 $8,800 $8,000 25%
MICRO ES MES $289 $263 $1,155 $1,050 25%
MICRO NQ MNQ $413 $375 $1,650 $1,500 25%
MICRO RUSSELL M2K $152 $138 $605 $550 25%
MICRO YM MYM $220 $200 $880 $800 25%
NIKKEI ($ BASED) (CME) NK $7,700 $7,000 $7,700 $7,000 NONE
VIX VX $23,540 $21,400 $23,540 $21,400 *
MINI VOLATILITY INDEX VXM $2,354 $2,140 $2,354 $2,140 *
ICE Bitcoin BTM $6,380 $5,800 $6,380 $5,800 NONE
CME BITCOIN FUTURES BTC $35,816 $32,560 $35,816 $32,560 NONE
CME MICRO BITCOIN FUTURES MBT $704 $640 $704 $640 NONE
CME ETHEREUM FUTURES ETH $30,369 $27,680 $30,369 $27,680 NONE
CME MICRO ETHEREUM FUTURES MET $62 $56 $62 $56 NONE
Eurex
DAX FDAX € 34,441 € 34,441 € 34,441 € 34,441 NONE
MINI-DAX FDXM € 6,888 € 6,888 € 6,888 € 6,888 NONE
MICRO-DAX FDXS € 1,384 € 1,384 € 1,384 € 1,384 NONE
DJ STOXX 50 INDEX FESX € 3,715 € 3,715 € 3,715 € 3,715 NONE
MICRO-DJ EURO STOXX 50 INDEX FUTURES FSXE € 371 € 371 € 371 € 371 NONE
DJ STOXX 600 BANKS FSTB € 812 € 812 € 812 € 812 NONE
DJ STOXX 600 INDST G&S FSTG € 3,240 € 3,240 € 3,240 € 3,240 NONE
EURO-SCHATZ FGBS € 1,095 € 1,095 € 1,095 € 1,095 NONE
EURO-BOBL FGBM € 2,944 € 2,944 € 2,944 € 2,944 NONE
EURO-BUND FGBL € 5,215 € 5,215 € 5,215 € 5,215 NONE
EURO-OAT FOAT € 4,720 € 4,720 € 4,720 € 4,720 NONE
EURO-BUXL FGBX € 9,549 € 9,549 € 9,549 € 9,549 NONE
DJ STOXX 600 UTILITY FSTU € 1,349 € 1,349 € 1,349 € 1,349 NONE
EURONEXT LIFFE
FTSE 100 INDEX FUTURES LZ £ 4,150 £ 4,150 £ 4,150 £ 4,150 NONE
THREE MONTH EURO (EURIBOR) INTEREST RATE FUTURES LT2 € 1,100 € 1,100 € 1,100 € 1,100 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 £ 2,790 £ 2,790 £ 2,790 £ 2,790 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 $1,480 $1,480 $1,480 $1,480 NONE
CURRENCIES (CME)
AUSTRALIAN DLR. AD $2,200 $2,000 $2,200 $2,000 NONE
BRITISH POUND BP $2,475 $2,250 $2,475 $2,250 NONE
CANADIAN DLR. CD $1,452 $1,320 $1,452 $1,320 NONE
EURO CURRENCY EC $3,157 $2,870 $3,157 $2,870 NONE
JAPANESE YEN JY $3,025 $2,750 $3,025 $2,750 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 $4,015 $3,650 $4,015 $3,650 NONE
DOLLAR INDEX (ICE) DX $2,090 $1,900 $2,090 $1,900 NONE
MINI EURO E7 $1,458 $1,325 $1,458 $1,325 NONE
MINI YEN J7 $1,513 $1,375 $1,513 $1,375 NONE
E-MICRO AUD/USD M6A $220 $200 $220 $200 NONE
E-MICRO GBP/USD M6B $248 $225 $248 $225 NONE
E-MICRO EUR/USD M6E $292 $265 $292 $265 NONE
INTEREST RATES (CBOT)
30-YR T-BOND US $2,090 $1,900 $4,180 $3,800 50%
Ultra 30-YR T-BOND UB $3,575 $3,250 $7,150 $6,500 50%
20-YR T-BOND TWE $2,349 $2,135 $4,697 $4,270 50%
10-YR T-NOTE TY $990 $900 $1,980 $1,800 50%
Ultra 10-YR NOTE TEN $1,513 $1,375 $3,025 $2,750 50%
5-YR T-NOTE FV $770 $700 $1,540 $1,400 50%
2-YR T-NOTE TU $578 $525 $1,155 $1,050 50%
EURODOLLAR (CME) ED $825 $750 $825 $750 NONE
MICRO 2-YEAR YIELD FUTURES 2YY $363 $330 $363 $330 NONE
MICRO 5-YEAR YIELD FUTURES 5YY $352 $320 $352 $320 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 $3,575 $3,250 $7,150 $6,500 50%
SILVER (COMEX) SI $4,125 $3,750 $8,250 $7,500 50%
COPPER (COMEX) HG $3,025 $2,750 $6,050 $5,500 50%
PALLADIUM (NYMEX) PA $14,575 $13,250 $29,150 $26,500 50%
PLATINUM (NYMEX) PL $1,540 $1,400 $3,080 $2,800 50%
MICRO GOLD (COMEX) MGC $715 $650 $715 $650 50%
E-MICRO SILVER (COMEX) SIL $1,650 $1,500 $1,650 $1,500 50%
MICRO COPPER (COMEX) MHG $605 $550 $605 $550 NONE
MINI GOLD (ICE) YG $2,024 $1,840 $2,024 $1,840 NONE
MINI SILVER (ICE) YI $1,260 $1,145 $1,260 $1,145 NONE
ENERGIES
CRUDE OIL (NYMEX) CL $9,460 $8,600 $9,460 $8,600 NONE
NATURAL GAS (NYMEX) NG $12,430 $11,300 $12,430 $11,300 NONE
HEATING OIL (NYMEX) HO $15,400 $14,000 $15,400 $14,000 NONE
RBOB GASOLINE (NYMEX) RB $13,750 $12,500 $13,750 $12,500 NONE
BRENT CRUDE OIL (ICE) BRN $9,350 $9,350 $9,350 $9,350 NONE
LOW SULPHUR GASOIL (ICE) ULS $13,169 $13,169 $13,169 $13,169 NONE
E-MINY CRUDE OIL (NYMEX) QM $4,730 $4,300 $4,730 $4,300 NONE
E-MINY NATURAL GAS (NYMEX) QN $3,108 $2,825 $3,108 $2,825 NONE
E-MINY HEATING OIL (NYMEX) QH $9,350 $8,500 $9,350 $8,500 NONE
E-MINY RBOB GASOLINE (NYMEX) QU $6,875 $6,250 $6,875 $6,250 NONE
MICRO CRUDE OIL (NYMEX) MCL $946 $860 $946 $860 NONE
MICRO HEATING OIL MHO $1,485 $1,350 $1,485 $1,350 NONE
MICRO RBOB GASOLINE MRB $1,375 $1,250 $1,375 $1,250 NONE
AGRICULTURE (CBOT)
WHEAT W $3,630 $3,300 $3,630 $3,300 NONE
HARD RD WINTER WHEAT KW $3,740 $3,400 $3,740 $3,400 NONE
CORN C $2,970 $2,700 $2,970 $2,700 NONE
OATS O $2,640 $2,400 $2,640 $2,400 NONE
SOYBEANS S $4,730 $4,300 $4,730 $4,300 NONE
SOYBEAN OIL BO $3,740 $3,400 $3,740 $3,400 NONE
SOYBEAN MEAL SM $3,080 $2,800 $3,080 $2,800 NONE
ROUGH RICE RR $1,375 $1,250 $1,375 $1,250 NONE
MILK (CME) DA $2,090 $1,900 $2,090 $1,900 NONE
BUTTER (CME) CB $3,025 $2,750 $3,025 $2,750 NONE
MINI WHEAT YW $726 $660 $726 $660 NONE
MINI CORN YC $594 $540 $594 $540 NONE
MINI SOYBEANS YK $968 $880 $968 $880 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 $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 $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 $18,700 $17,000 $18,700 $17,000 *

*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