Futures Margin Rates

Pricing/Futures Margin Rates

Futures Margin Rates

As a result of market volatility, margin rates can be modified at any given moment, and the posted rates may not represent real-time margin requirements. The information provided is sourced from what Alphatrade considers to be reliable. However, Alphatrade is not liable for any errors or omissions in the information. If your account incurs a margin call, you are required to meet it on the same day. Please be aware that margins are subject to potential changes or revisions without prior notice. For the latest rate information or any inquiries about your account status, feel free to contact the trade desk for assistance.

Description Root Symbol Initial Margin Maint. Margin Day Trading Rate
Indexes
E-MINI S&P 500 ES $12,100 $11,000 25% of initial
E-MINI MIDCAP 400 EMD $14,850 $13,500 NONE
E-MINI NASDAQ 100 NQ $17,600 $16,000 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 $1,210 $1,100 25% of initial
MICRO NQ MNQ $1,760 $1,600 25% of initial
MICRO RUSSELL M2K $715 $650 25% of initial
MICRO YM MYM $990 $900 25% of initial
NIKKEI ($ BASED) (CME) NK $8,250 $7,500 NONE
VIX VX $13,750 $12,500 NONE
MINI VOLATILITY INDEX VXM $1,375 $1,250 NONE
CME BITCOIN FUTURES BTC $71,885 $65,350 NONE
BAKKT BITCOIN MONTHLY FUTURES CONTRACT BTM $15,180 $13,800 NONE
Eurex
DAX FDAX €39,138 €39,138 NONE
MINI-DAX FDXM €7,838 €7,838 NONE
DJ STOXX 50 INDEX FESX €4,185 €4,185 NONE
DJ STOXX 600 BANKS FSTB €873 €873 NONE
DJ STOXX 600 INDST G&S FSTG €3,641 €3,641 NONE
EURO-SCHATZ FGBS €255 €255 NONE
EURO-BOBL FGBM €976 €976 NONE
EURO-BUND FGBL €2,470 €2,470 NONE
EURO-OAT FOAT €2,321 €2,321 NONE
EURO-BUXL FGBX €7,469 €7,469 NONE
DJ STOXX 600 UTILITY FSTU €1,514 €1,514 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
WHITE SUGAR FUTURES CW £1,540 £1,400 NONE
EUA FUTURES ECF £4,400 £4,000 NONE
CURRENCIES (CME)
AUSTRALIAN DLR. AD $1,760 $1,600 50% of initial
BRITISH POUND BP $2,970 $2,700 50% of initial
CANADIAN DLR. CD $1,210 $1,100 50% of initial
EURO CURRENCY EC $2,200 $2,000 50% of initial
JAPANESE YEN JY $2,750 $2,500 50% of initial
MEXICAN PESO MP1 $1,540 $1,400 50% of initial
NEW ZEALAND DLR. NE1 $1,595 $1,450 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 $1,100 $1,000 50% of initial
MINI YEN J7 $1,375 $1,250 50% of initial
E-MICRO AUD/USD M6A $176 $160 NONE
E-MICRO GBP/USD M6B $297 $270 NONE
E-MICRO EUR/USD M6E $220 $200 NONE
INTEREST RATES (CBOT)
30-YR T-BOND US $4,400 $4,000 50% of initial
Ultra 30-YR T-BOND UB $8,690 $7,900 50% of initial
10-YR T-NOTE TY $1,375 $1,250 50% of initial
Ultra 10-YR NOTE TEN $2,255 $2,050 50% of initial
5-YR T-NOTE FV $605 $550 50% of initial
2-YR T-NOTE TU $330 $300 50% of initial
EURODOLLAR (CME) ED $248 $225 NONE
METALS
GOLD (COMEX) GC $11,000 $10,000 50% of initial
SILVER (COMEX) SI $15,400 $14,000 50% of initial
COPPER (COMEX) HG $4,620 $4,200 50% of initial
PALLADIUM (NYMEX) PA $29,700 $27,000 50% of initial
PLATINUM (NYMEX) PL $3,630 $3,300 50% of initial
MICRO GOLD (COMEX) MGC $1,100 $1,000 NONE
E-MICRO SILVER (COMEX) SIL $3,080 $2,800 NONE
MINI GOLD (ICE) YG $3,087 $2,806 NONE
MINI SILVER (ICE) YI $2,701 $2,455 NONE
ENERGIES
CRUDE OIL (NYMEX) CL $4,978 $4,525 50% of initial
NATURAL GAS (NYMEX) NG $3,465 $3,150 50% of initial
HEATING OIL (NYMEX) HO $4,400 $4,000 50% of initial
RBOB GASOLINE (NYMEX) RB $4,950 $4,500 50% of initial
BRENT CRUDE OIL (ICE) BRN $4,620 $4,200 50% of initial
LOW SULPHUR GASOIL (ICE) ULS $3,521 $3,201 NONE
E-MINY CRUDE OIL (NYMEX) QM $2,489 $2,263 50% of initial
E-MINY NATURAL GAS (NYMEX) QN $867 $788 50% of initial
E-MINY HEATING OIL (NYMEX) QH $2,200 $2,000 50% of initial
E-MINY RBOB GASOLINE (NYMEX) QU $2,475 $2,250 50% of initial
AGRICULTURE (CBOT)
WHEAT W $1,980 $1,800 NONE
HARD RD WINTER WHEAT KW $1,925 $1,750 NONE
CORN C $1,430 $1,300 NONE
OATS O $990 $900 NONE
SOYBEANS S $3,025 $2,750 NONE
SOYBEAN OIL BO $1,485 $1,350 NONE
SOYBEAN MEAL SM $2,255 $2,050 NONE
ROUGH RICE RR $2,145 $1,915 NONE
MILK (CME) DA $1,650 $1,500 NONE
BUTTER (CME) CB $1,320 $1,200 NONE
MINI WHEAT YW $396 $360 NONE
MINI CORN YC $286 $260 NONE
MINI SOYBEANS YK $605 $550 NONE
MEATS (CME)
LEAN HOGS LH $1,980 $1,800 NONE
LIVE CATTLE LC $1,980 $1,800 NONE
FEEDER CATTLE FC $3,713 $3,375 NONE
SOFTS (ICE)
COFFEE KC $4,455 $4,050 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 $1,047 $952 NONE
OTHER
LUMBER (CME) LB $6,600 $6,000 NONE

Additional Notes for Clients Using the Reduced Intraday Margin Rate

The day trade rate applies to U.S. Equity Index Futures, select Currency, Energy, Metals, and Interest Rate contracts, and it is valid from 8:00 a.m. to 4 p.m. ET, Monday through Friday. To engage in day trading, a stop order is mandatory, limiting the risk to no more than half of the day trade rate. For instance, if the initial margin for E-mini S&P is $13,200, the day trade rate would be one quarter, which is $3,300. To manage risk, the stop order should not risk more than half of the day trade rate, equivalent to approximately $1,650 in dollar terms. This corresponds to around 33 points, or 33 dollars, in the ES index, serving as the maximum allowed stop. It's essential for clients to maintain their positions above the initial overnight margin or close them before the day trade rate period concludes. For further information, clients are advised to reach out to the trade desk to get additional details.

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

By engaging in trading on margin, also known as "leveraging" or "gearing," within your futures account, you explicitly acknowledge and consent that Alphatrade retains the right, at its sole discretion and without prior notice to you, to implement a margin call and liquidate your account partially or entirely. This action will be taken to address the margin call and offset any debit item or debit balance in your account or to reduce or eliminate leveraging. Furthermore, you understand and agree that Alphatrade has the authority, at its sole discretion and without notifying you, to liquidate any delivery month contract in your account to minimize or prevent delivery-related risks. This liquidation may take place five or more days, depending on the specific contract and Alphatrade's subjective risk assessment, before the delivery date.

Trading futures carries inherent risks and may not be suitable for all investors. The potential for losses in futures trading can be significant. As such, it is crucial to thoroughly assess whether engaging in such trading aligns with your financial situation. It is essential to note that nothing on this webpage should be interpreted as a suggestion to purchase or sell futures contracts or as investment advice. The decision to participate in futures trading should be made after careful consideration and evaluation of your individual circumstances.

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

Moreover, the Commodity Futures Trading Commission ("CFTC") has launched a Virtual Currency Resource Web Page explicitly designed to educate and provide the public with comprehensive information about this subject and the associated risks. For more details from the CFTC, please refer to the link below.

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