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Initial Margin and Maintenance Margin is set by the exchange. Initial Margin is the amount required to hold each position past the market close. This margin amount can go as low as the Maintenance Margin before the client is required to replenish funds back to Initial Margin Requirements if the positions are held past the market close. Day Trade Margin is set by Discount Trading.
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In futures trading, traders can obtain lower margin requirements than other types of securities. Because of this, traders can have a greater level of leverage. The lower the margin, especially day trading margins, the higher the leverage and riskier the trade. Leverage can work for you as well as against you, it magnifies gains as well as losses. Day trade margins are also subject to change based on market conditions.
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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.
Current Futures & Commodities Day Trading Margins. Today's day trading margins for futures contracts, from crude oil to currencies. View today's futures trading margin requirements by market group (ex: energies) or exchange (ex: CBOT).
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ADMIS offers 50% Day Trading Margins on most futures contracts. However, qualified clients are eligible to receive 25% Day Trading Margins on certain Instruments. Please contact the Optimus Futures Margins department at (800) 771-6748 or email support@optimusfutures.com for requirements and eligibility.
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Much like margin in trading stocks, futures margin—also known unofficially as a performance bond—allows you to pay less than the full notional value of a trade, offering more efficient use of capital. Futures margin is simply leverage that can enhance returns; however, it can also exacerbate losses, which is why it's important to use proper risk management.
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