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 Initial Margin Maint. Margin Day Trading Rate
Indexes
E-MINI S&P 500 ES $12,650 $11,500 25% of initial
E-MINI MIDCAP 400 EMD $14,850 $13,500 NONE
E-MINI NASDAQ 100 NQ $18,700 $17,000 25% of initial
MINI RUSSELL 2000 (CME) RTY $7,150 $6,500 25% of initial
MINI DOW JONES ($5) YM $9,900 $9,000 25% of initial
MICRO ES MES $1,265 $1,150 25% of initial
MICRO NQ MNQ $1,870 $1,700 25% of initial
MICRO RUSSELL M2K $715 $650 25% of initial
MICRO YM MYM $990 $900 25% of initial
NIKKEI ($ BASED) (CME) NK $8,800 $8,000 NONE
VIX VX $10,450 $9,500 NONE
MINI VOLATILITY INDEX VXM $1,045 $950 NONE
CME BITCOIN FUTURES BTC $80,905 $73,550 NONE
CME MICRO BITCOIN FUTURES MBT $1,617 $1,400 50% of initial
BAKKT BITCOIN MONTHLY FUTURES CONTRACT BTM $17,545 $15,950 NONE
CME ETHEREUM FUTURES ETH $63,729 $57,935 NONE
Eurex
DAX FDAX €30,531 €30,531 NONE
MINI-DAX FDXM €6,102 €6,102 NONE
MICRO-DAX FDXS €1,220 €1,220 NONE
DJ STOXX 50 INDEX FESX €3,034 €3,034 NONE
MICRO-DJ EURO STOXX 50 INDEX FUTURES FSXE €303 €303 NONE
DJ STOXX 600 BANKS FSTB €833 €833 NONE
DJ STOXX 600 INDST G&S FSTG €3,728 €3,728 NONE
EURO-SCHATZ FGBS €255 €255 NONE
EURO-BOBL FGBM €978 €978 NONE
EURO-BUND FGBL €2,465 €2,465 NONE
EURO-OAT FOAT €2,252 €2,252 NONE
EURO-BUXL FGBX €6,990 €6,990 NONE
DJ STOXX 600 UTILITY FSTU €1,310 €1,310 NONE
EURONEXT LIFFE
FTSE 100 INDEX FUTURES LZ £3,582 £3,261 NONE
THREE MONTH EURO (EURIBOR) INTEREST RATE FUTURES LT2 €149 €135 NONE
THREE MONTH STERLING (SHORT STERLING) INTEREST RATE FUTURES LL £204 £185 NONE
THREE MONTH EURO SWISS FRANC INTEREST RATE FUTURES LF2 CHF 271 CHF 246 NONE
LONG GILT FUTURES LJ £2,420 £2,200 NONE
MEDIUM GILT FUTURES H £1,199 £1,090 NONE
SHORT GILT FUTURES G £858 £780 NONE
LONDON COCOA FUTURES CC3 £1,749 £1,590 NONE
LONDON ROBUSTA COFFEE FUTURES RC $957 $870 NONE
CURRENCIES (CME)
AUSTRALIAN DLR. AD $1,760 $1,600 50% of initial
BRITISH POUND BP $2,365 $2,150 50% of initial
CANADIAN DLR. CD $1,485 $1,350 50% of initial
EURO CURRENCY EC $2,420 $2,200 50% of initial
JAPANESE YEN JY $2,090 $1,900 50% of initial
MEXICAN PESO MP1 $1,540 $1,400 50% of initial
NEW ZEALAND DLR. NE1 $2,090 $1,900 50% of initial
SWISS FRANC SF $3,630 $3,300 50% of initial
DOLLAR INDEX (ICE) DX $2,090 $1,900 50% of initial
MINI EURO E7 $1,210 $1,100 50% of initial
MINI YEN J7 $1,045 $950 50% of initial
E-MICRO AUD/USD M6A $176 $160 NONE
E-MICRO GBP/USD M6B $237 $215 NONE
E-MICRO EUR/USD M6E $242 $220 NONE
INTEREST RATES (CBOT)
30-YR T-BOND US $3,850 $3,500 50% of initial
Ultra 30-YR T-BOND UB $7,150 $6,500 50% of initial
10-YR T-NOTE TY $1,540 $1,400 50% of initial
Ultra 10-YR NOTE TEN $2,420 $2,200 50% of initial
5-YR T-NOTE FV $798 $725 50% of initial
2-YR T-NOTE TU $341 $310 50% of initial
EURODOLLAR (CME) ED $220 $200 NONE
MICRO 2-YEAR YIELD FUTURES 2YY $132 $120 NONE
MICRO 5-YEAR YIELD FUTURES 5YY $154 $140 NONE
MICRO 10-YEAR YIELD FUTURES 10Y $193 $175 NONE
MICRO 30-YEAR YIELD FUTURES 30Y $220 $200 NONE
METALS
GOLD (COMEX) GC $9,075 $8,250 50% of initial
SILVER (COMEX) SI $14,850 $13,500 50% of initial
COPPER (COMEX) HG $7,260 $6,600 50% of initial
PALLADIUM (NYMEX) PA $28,600 $26,000 50% of initial
PLATINUM (NYMEX) PL $4,620 $4,200 50% of initial
MICRO GOLD (COMEX) MGC $908 $825 50% of initial
E-MICRO SILVER (COMEX) SIL $2,970 $2,700 50% of initial
MINI GOLD (ICE) YG $1,995 $1,814 NONE
MINI SILVER (ICE) YI $1,766 $1,605 NONE
ENERGIES
CRUDE OIL (NYMEX) CL $5,610 $5,100 50% of initial
NATURAL GAS (NYMEX) NG $5,280 $4,380 50% of initial
HEATING OIL (NYMEX) HO $6,105 $5,550 50% of initial
RBOB GASOLINE (NYMEX) RB $6,325 $5,750 50% of initial
BRENT CRUDE OIL (ICE) BRN $6,039 $5,490 50% of initial
LOW SULPHUR GASOIL (ICE) ULS $4,085 $3,714 NONE
E-MINY CRUDE OIL (NYMEX) QM $2,805 $2,550 50% of initial
E-MINY NATURAL GAS (NYMEX) QN $1,320 $1,200 50% of initial
E-MINY HEATING OIL (NYMEX) QH $3,053 $2,725 50% of initial
E-MINY RBOB GASOLINE (NYMEX) QU $3,163 $2,875 50% of initial
MICRO CRUDE OIL (NYMEX) MCL $561 $510 NONE
AGRICULTURE (CBOT)
WHEAT W $2,283 $2,075 NONE
HARD RD WINTER WHEAT KW $2,338 $2,125 NONE
CORN C $2,090 $1,900 NONE
OATS O $1,375 $1,250 NONE
SOYBEANS S $4,950 $4,500 NONE
SOYBEAN OIL BO $2,750 $2,500 NONE
SOYBEAN MEAL SM $2,778 $2,525 NONE
ROUGH RICE RR $1,100 $1,000 NONE
MILK (CME) DA $1,650 $1,500 NONE
BUTTER (CME) CB $1,320 $1,200 NONE
MINI WHEAT YW $457 $415 NONE
MINI CORN YC $418 $380 NONE
MINI SOYBEANS YK $990 $900 NONE
MEATS (CME)
LEAN HOGS LH $2,090 $1,900 NONE
LIVE CATTLE LC $1,760 $1,600 NONE
FEEDER CATTLE FC $3,190 $2,900 NONE
SOFTS (ICE)
COFFEE KC $9,900 $9,000 NONE
COTTON CT $2,915 $2,650 NONE
FROZEN OJ OJ $1,386 $1,260 NONE
COCOA CC $2,090 $1,900 NONE
SUGAR #11 SB $1,478 $1,344 NONE
OTHER
LUMBER (CME) LB $8,525 $7,750 150% of initial

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