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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.

Product DescriptionSymbol RootIntraday InitialIntraday MaintenanceLong Overnight MarginShort Overnight MarginLong Maintenance MarginShort Maintenance MarginIntraday Rate
Index
E-Mini Nikkei 225 - Yen denominatedENY¥391,354.00¥355,776.00¥391,354.00¥384,152.00¥355,776.00¥349,229.00NONE
Nikkei 225 (Yen)NIY¥1,942,900.00¥1,766,300.00¥1,942,900.00¥1,942,900.00¥1,766,300.00¥1,766,300.00NONE
E-Mini S&P Mid Cap 400EMD$25,222.00$22,929.00$25,222.00$25,222.00$22,929.00$22,929.00NONE
E-Mini S&P 500 FuturesES$2,498.40$2,271.30$24,984.00$23,048.00$22,713.00$20,953.0010%
Micro E-mini Russell 2000 futuresM2K$261.00$237.25$1,044.00$994.00$949.00$904.0025%
Micro E-mini S&P 500 futuresMES$249.80$227.10$2,498.00$2,305.00$2,271.00$2,095.0010%
mini MSCI EAFE IndexMFS$5,099.00$4,636.00$5,099.00$5,099.00$4,636.00$4,636.00NONE
Micro E-Mini S&P Mid Cap 400MMC$2,522.00$2,293.00$2,522.00$2,470.00$2,293.00$2,245.00NONE
mini MSCI Emerging Markets IndexMME$2,483.00$2,258.00$2,483.00$2,483.00$2,258.00$2,258.00NONE
Micro Nikkei (USD) FuturesMNK$1,959.00$1,781.00$1,959.00$1,935.00$1,781.00$1,759.00NONE
Micro E-mini Nasdaq-100 futuresMNQ$368.70$335.20$3,687.00$3,542.00$3,352.00$3,220.0010%
Micro E-Mini S&P Small Cap 600MSC$1,321.00$1,201.00$1,295.00$1,321.00$1,177.00$1,201.00NONE
Micro E-mini Dow futuresMYM$156.70$142.50$1,567.00$1,567.00$1,425.00$1,425.0010%
Nikkei 225 (US$)NK$19,587.00$17,806.00$19,587.00$19,587.00$17,806.00$17,806.00NONE
E-Mini Nasdaq 100 FuturesNQ$3,687.50$3,352.30$36,875.00$35,421.00$33,523.00$32,201.0010%
Spot-Quoted Dow (Charge as micro commission)QDOW$314.00$286.00$314.00$314.00$286.00$286.00NONE
Spot-Quoted Nasdaq 100 (Charge as micro commission)QNDX$185.00$168.00$185.00$185.00$168.00$168.00NONE
Spot-Quoted Russell 2000 (Charge as micro commission)QRTY$210.00$191.00$210.00$210.00$191.00$191.00NONE
Spot-Quoted SP 500 (Charge as micro commission)QSPX$503.00$457.00$503.00$503.00$457.00$457.00NONE
E-mini Russell 2000 Growth Index futuresR2G$6,742.00$6,129.00$6,742.00$6,562.00$6,129.00$5,965.00NONE
E-mini Russell 2000 Value Index futuresR2V$11,991.00$10,901.00$11,520.00$11,991.00$10,473.00$10,901.00NONE
E-mini Russell 2000 Index futuresRTY$2,610.75$2,373.50$10,443.00$9,944.00$9,494.00$9,040.0025%
E-Mini S&P Small Cap 600SMC$13,214.00$12,013.00$12,944.00$13,214.00$11,767.00$12,013.00NONE
CBOE Volatility Index (VIX) FuturesVX$7,337.00$6,670.00$7,337.00$7,337.00$6,670.00$6,670.00NONE
CBOE Mini Volatility Index (VIX) FuturesVXM$734.00$667.00$734.00$734.00$667.00$667.00NONE
E-Mini S&P 500 Materials SectorXAB$7,955.00$7,232.00$7,955.00$7,671.00$7,232.00$6,974.00NONE
E-Mini S&P 500 Energy SectorXAE$8,868.00$8,062.00$8,868.00$7,935.00$8,062.00$7,214.00NONE
E-Mini S&P 500 Financial SectorXAF$10,495.00$9,541.00$10,495.00$8,861.00$9,541.00$8,055.00NONE
E-Mini S&P 500 Industrial SectorXAI$8,550.00$7,773.00$8,550.00$8,065.00$7,773.00$7,332.00NONE
E-Mini S&P 500 Technology SectorXAK$23,172.00$21,065.00$23,172.00$21,871.00$21,065.00$19,883.00NONE
E-Mini S&P 500 Consumer Staples SectorXAP$4,234.00$3,849.00$4,234.00$4,100.00$3,849.00$3,727.00NONE
E-Mini S&P 500 Utilities SectorXAU$6,476.00$5,887.00$6,476.00$6,115.00$5,887.00$5,559.00NONE
E-Mini S&P 500 HealthCare SectorXAV$9,162.00$8,329.00$9,162.00$8,726.00$8,329.00$7,933.00NONE
E-Mini S&P 500 Consumer DiscretionXAY$19,418.00$17,653.00$19,418.00$17,420.00$17,653.00$15,836.00NONE
E-Mini DJIA ($5)YM$1,583.90$1,439.90$15,839.00$15,839.00$14,399.00$14,399.0010%
Energy
API2 Rotterdam Coal FuturesATW$95,678.00$86,980.00$95,678.00$95,678.00$86,980.00$86,980.00NONE
Brent Crude OilBRN$984.00$984.00$3,936.00$3,936.00$3,936.00$3,936.0025%
Light Sweet Crude OilCL$1,164.75$1,058.75$4,659.00$4,136.00$4,235.00$3,760.0025%
Heating OilHO$1,746.75$1,588.00$6,987.00$6,911.00$6,352.00$6,283.0025%
Micro Crude OilMCL$117.25$106.50$469.00$416.00$426.00$378.0025%
Micro Heating OilMHO$700.00$636.00$700.00$692.00$636.00$629.00NONE
Micro Henry Hub Natural GasMNG$1,285.00$1,168.00$462.00$1,285.00$420.00$1,168.00NONE
Micro RBOB GasolineMRB$125.25$113.75$501.00$432.00$455.00$393.0025%
Natural GasNG$13,594.00$12,358.00$12,128.00$13,594.00$11,025.00$12,358.00NONE
E-MiNY Heating OilQH$874.50$795.00$3,498.00$3,461.00$3,180.00$3,146.0025%
E-MiNY Crude OilQM$585.25$532.00$2,341.00$2,079.00$2,128.00$1,890.0025%
E-MiNY Natural GasQN$3,211.00$2,919.00$1,156.00$3,211.00$1,051.00$2,919.00NONE
E-MiNY RBOB GasolineQU$626.25$569.25$2,505.00$2,164.00$2,277.00$1,967.0025%
RBOB GasolineRB$1,250.00$1,136.25$5,000.00$4,319.00$4,545.00$3,926.0025%
Heating OilUHO$14,215.00$12,923.00$14,215.00$14,215.00$12,923.00$12,923.00NONE
RBOB GasolineUHU$13,499.00$12,272.00$13,499.00$13,499.00$12,272.00$12,272.00NONE
GasoilULS$1,067.50$1,067.50$4,270.00$4,270.00$4,270.00$4,270.0025%
WTI Light Sweet Crude OilWBS$12,375.00$11,250.00$12,375.00$12,375.00$11,250.00$11,250.00NONE
Metals
Aluminum (COMEX)ALI$3,850.00$3,500.00$3,850.00$3,850.00$3,500.00$3,500.00NONE
Gold (COMEX)GC$2,897.10$2,633.70$28,971.00$28,971.00$26,337.00$26,337.0010%
Copper (COMEX)HG$5,500.00$5,000.00$11,000.00$11,000.00$10,000.00$10,000.0050%
U.S. Midwest Domestic Hot-Rolled Coil Steel Index FuturesHRC$990.00$900.00$990.00$990.00$900.00$900.00NONE
E-Micro GoldMGC$300.00$272.70$3,000.00$3,000.00$2,727.00$2,727.0010%
Micro Copper (COMEX)MHG$550.00$500.00$1,100.00$1,100.00$1,000.00$1,000.0050%
PalladiumPA$11,558.50$10,507.50$23,117.00$23,117.00$21,015.00$21,015.0050%
PlatinumPL$3,179.25$2,890.25$12,717.00$12,717.00$11,561.00$11,561.0025%
Micro PlatinumPLM$750.00$500.00$750.00$750.00$500.00$500.00NONE
E-MiNY Copper (COMEX)QC$1,375.00$1,250.00$5,500.00$5,500.00$5,000.00$5,000.0025%
E-MiNY Silver (COMEX)QI$13,321.50$12,110.50$26,643.00$26,643.00$24,221.00$24,221.0050%
E-MiNY Gold (COMEX)QO$3,423.75$3,112.50$13,695.00$13,695.00$12,450.00$12,450.0025%
Silver (COMEX)SI$27,045.50$24,587.00$54,091.00$54,091.00$49,174.00$49,174.0050%
E-Micro SilverSIL$5,366.50$4,878.50$10,733.00$10,733.00$9,757.00$9,757.0050%
UraniumUX$0.00$0.00$0.00$0.00$0.00$0.00NONE
Crypto
CME Bitcoin FuturesBTC$29,615.00$26,922.50$118,460.00$118,460.00$107,690.00$107,690.0025%
CME Ether FuturesETH$13,349.50$12,136.00$53,398.00$53,398.00$48,544.00$48,544.0025%
CME Micro Bitcoin FuturesMBT$594.75$540.75$2,379.00$2,379.00$2,163.00$2,163.0025%
CME Micro Ether FuturesMET$112.00$102.00$112.00$112.00$102.00$102.00NONE
Micro XRPMXP$2,344.00$2,131.00$2,344.00$2,344.00$2,131.00$2,131.00NONE
Spot-Quoted Bitcoin (Charge as micro commission)QBTC$224.00$204.00$224.00$224.00$204.00$204.00NONE
Spot-Quoted Ether (Charge as micro commission)QETH$216.00$196.00$216.00$216.00$196.00$196.00NONE
Spot-Quoted Solana (Charge as micro commission)QSOL$294.00$267.00$294.00$294.00$267.00$267.00NONE
Spot-Quoted Micro XRP (Charge as micro commission)QXRP$232.00$211.00$232.00$232.00$211.00$211.00NONE
XRPXRP$46,476.00$42,251.00$46,476.00$46,476.00$42,251.00$42,251.00NONE
Interest Rate
10-Year Yield Futures10Y$330.00$300.00$330.00$330.00$300.00$300.00NONE
2-Year Yield Futures2YY$363.00$330.00$363.00$363.00$330.00$330.00NONE
30-Year Yield Futures30Y$297.00$270.00$297.00$297.00$270.00$270.00NONE
5-Year Yield Futures5YY$363.00$330.00$363.00$363.00$330.00$330.00NONE
30 Day Federal FundsFF$1,458.00$1,325.00$1,458.00$1,458.00$1,325.00$1,325.00NONE
5 Year US Treasury NoteFV$687.50$625.00$1,375.00$1,375.00$1,250.00$1,250.0050%
Micro Ultra 10-Year U.S. Treasury NoteMTN$281.00$255.00$281.00$281.00$255.00$255.00NONE
Micro Ultra U.S. Treasury BondMWN$567.00$515.00$567.00$567.00$515.00$515.00NONE
One-Month SOFR FuturesSR1$1,128.00$1,025.00$1,128.00$1,128.00$1,025.00$1,025.00NONE
Three-Month SOFR FuturesSR3$908.00$825.00$908.00$908.00$825.00$825.00NONE
US T-Bill FuturesTBF3$743.00$675.00$743.00$743.00$675.00$675.00NONE
TEN$1,402.50$1,275.00$2,805.00$2,805.00$2,550.00$2,550.0050%
2 Year US Treasury NoteTU$660.00$600.00$1,320.00$1,320.00$1,200.00$1,200.0050%
20 Year US Treasury BondTWE$5,390.00$4,900.00$5,390.00$5,390.00$4,900.00$4,900.00NONE
10 Year US Treasury NoteTY$206.30$187.50$2,063.00$2,063.00$1,875.00$1,875.0010%
Ultra T-BondUB$2,832.50$2,575.00$5,665.00$5,665.00$5,150.00$5,150.0050%
30 Year US Treasury BondUS$2,035.00$1,850.00$4,070.00$4,070.00$3,700.00$3,700.0050%
Currencies
EUR/CHF FuturesRF₣2,310.00₣2,100.00₣2,310.00₣2,310.00₣2,100.00₣2,100.00NONE
EUR/GBP FuturesRP£1,870.00£1,700.00£1,870.00£1,870.00£1,700.00£1,700.00NONE
EUR/JPY FuturesRY¥550,000.00¥500,000.00¥550,000.00¥550,000.00¥500,000.00¥500,000.00NONE
Australian Dollar / US DollarAD$1,045.00$950.00$2,090.00$2,090.00$1,900.00$1,900.0050%
British Pound / US DollarBP$1,100.00$1,000.00$2,200.00$2,200.00$2,000.00$2,000.0050%
Brazilian Real / US DollarBR$935.00$850.00$935.00$935.00$850.00$850.00NONE
Canadian Dollar / US DollarCD$550.00$500.00$1,100.00$1,100.00$1,000.00$1,000.0050%
U.S. Dollar IndexDX$1,085.50$987.00$2,171.00$2,171.00$1,974.00$1,974.0050%
E-Mini Euro Dollar / US DollarE7$742.50$675.00$1,485.00$1,485.00$1,350.00$1,350.0050%
Euro Dollar / US DollarEC$1,485.00$1,350.00$2,970.00$2,970.00$2,700.00$2,700.0050%
E-Mini Japanese Yen / US DollarJ7$770.00$700.00$1,540.00$1,540.00$1,400.00$1,400.0050%
Japanese Yen / US DollarJY$1,540.00$1,400.00$3,080.00$3,080.00$2,800.00$2,800.0050%
E-micro AUD/USDM6A$209.00$190.00$209.00$209.00$190.00$190.00NONE
E-micro GBP/USDM6B$220.00$200.00$220.00$220.00$200.00$200.00NONE
E-micro EUR/USDM6E$297.00$270.00$297.00$297.00$270.00$270.00NONE
Mexican Peso / US DollarMP1$605.00$550.00$1,210.00$1,210.00$1,100.00$1,100.0050%
New Zealand Dollar / US DollarNE1$715.00$650.00$1,430.00$1,430.00$1,300.00$1,300.0050%
South African Rand / US DollarRA$1,540.00$1,400.00$1,540.00$1,540.00$1,400.00$1,400.00NONE
Russian Ruble / US DollarRU$0.00$0.00$4,950.00$4,950.00$4,500.00$4,500.000%
Swiss Franc / US DollarSF$2,475.00$2,250.00$4,950.00$4,950.00$4,500.00$4,500.0050%
Soft
CocoaCC$7,084.00$6,440.00$7,084.00$7,084.00$6,440.00$6,440.00NONE
NYMEX CocoaCJ$1,430.00$1,300.00$1,430.00$1,430.00$1,300.00$1,300.00NONE
Cotton No. 2CT$1,254.00$1,140.00$1,254.00$1,254.00$1,140.00$1,140.00NONE
Coffee "C"KC$9,376.00$8,524.00$9,376.00$9,376.00$8,524.00$8,524.00NONE
NYMEX CoffeeKT$2,750.00$2,500.00$2,750.00$2,750.00$2,500.00$2,500.00NONE
Lumber FuturesLBR$1,210.00$1,100.00$1,210.00$1,210.00$1,100.00$1,100.00NONE
FCOJ-AOJ$4,775.00$4,341.00$4,775.00$4,775.00$4,341.00$4,341.00NONE
Sugar No. 11SB$838.00$762.00$838.00$838.00$762.00$762.00NONE
NYMEX CottonTT$1,650.00$1,500.00$1,650.00$1,650.00$1,500.00$1,500.00NONE
NYMEX Sugar No. 11YO$990.00$900.00$990.00$990.00$900.00$900.00NONE
Meats
Feeder Cattle (GLOBEX)FC$6,600.00$6,000.00$6,600.00$6,600.00$6,000.00$6,000.00NONE
Live Cattle (GLOBEX)LC$3,630.00$3,300.00$3,630.00$3,630.00$3,300.00$3,300.00NONE
Lean Hogs (GLOBEX)LH$1,870.00$1,700.00$1,870.00$1,870.00$1,700.00$1,700.00NONE
Agriculture
Soybean OilBO$2,310.00$2,100.00$2,310.00$2,310.00$2,100.00$2,100.00NONE
CornC$1,073.00$975.00$1,073.00$1,073.00$975.00$975.00NONE
Butter Cash Settled (GLOBEX)CB$1,540.00$1,400.00$1,540.00$1,540.00$1,400.00$1,400.00NONE
Milk Class III (GLOBEX)DA$1,485.00$1,350.00$1,485.00$1,485.00$1,350.00$1,350.00NONE
Dry WheyDY$1,980.00$1,800.00$1,980.00$1,980.00$1,800.00$1,800.00NONE
KC WheatKW$1,760.00$1,600.00$1,760.00$1,760.00$1,600.00$1,600.00NONE
Micro CornMZC$108.00$98.00$108.00$108.00$98.00$98.00NONE
Micro Soybean OilMZL$231.00$210.00$231.00$231.00$210.00$210.00NONE
Micro Soybean MealMZM$171.00$155.00$171.00$171.00$155.00$155.00NONE
Micro SoybeanMZS$220.00$200.00$220.00$220.00$200.00$200.00NONE
Micro WheatMZW$182.00$165.00$182.00$182.00$165.00$165.00NONE
OatsO$1,375.00$1,250.00$1,375.00$1,375.00$1,250.00$1,250.00NONE
Rough RiceRR$1,375.00$1,250.00$1,375.00$1,375.00$1,250.00$1,250.00NONE
SoybeansS$2,200.00$2,000.00$2,200.00$2,200.00$2,000.00$2,000.00NONE
Soybean MealSM$1,705.00$1,550.00$1,705.00$1,705.00$1,550.00$1,550.00NONE
WheatW$1,815.00$1,650.00$1,815.00$1,815.00$1,650.00$1,650.00NONE
Mini-Sized CornYC$215.00$195.00$215.00$215.00$195.00$195.00NONE
Mini-Sized SoybeansYK$440.00$400.00$440.00$440.00$400.00$400.00NONE
Mini-Sized WheatYW$363.00$330.00$363.00$363.00$330.00$330.00NONE
Eurex Index
DAX FuturesFDAX€45,075.00€45,075.00€45,075.00€45,075.00€45,075.00€45,075.00NONE
Mini-DAX FDXM€9,014.00€9,014.00€9,014.00€9,014.00€9,014.00€9,014.00NONE
Micro-DAXFDXS€1,802.00€1,802.00€1,802.00€1,802.00€1,802.00€1,802.00NONE
FEBD€1.05€1.05€1.05€1.05€1.05€1.05NONE
FESB€1,401.00€1,401.00€1,401.00€1,401.00€1,401.00€1,401.00NONE
EURO STOXX 50 Index FuturesFESX€4,148.00€4,148.00€4,148.00€4,148.00€4,148.00€4,148.00NONE
FEXD€166.22€166.22€166.22€166.22€166.22€166.22NONE
STOXX Europe Large 200 Index FuturesFLCP€2,172.03€2,172.03€2,172.03€2,172.03€2,172.03€2,172.03NONE
STOXX Europe Small 200 Index FuturesFSCP€1,470.91€1,470.91€1,470.91€1,470.91€1,470.91€1,470.91NONE
STOXX Europe 600 Banks FuturesFSTB€2,077.00€2,077.00€2,077.00€2,077.00€2,077.00€2,077.00NONE
STOXX Europe 600 Industrial Goods & Services FuturesFSTG€3,482.00€3,482.00€3,482.00€3,482.00€3,482.00€3,482.00NONE
STOXX Europe 600 Insurance FuturesFSTI€2,673.73€2,673.73€2,673.73€2,673.73€2,673.73€2,673.73NONE
FSTL€566.00€566.00€566.00€566.00€566.00€566.00NONE
STOXX Europe 600 Media FuturesFSTM€1,164.57€1,164.57€1,164.57€1,164.57€1,164.57€1,164.57NONE
STOXX Europe 600 Utilities FuturesFSTU€1,305.00€1,305.00€1,305.00€1,305.00€1,305.00€1,305.00NONE
STOXX Europe 600 Travel & Leisure FuturesFSTV€1,075.91€1,075.91€1,075.91€1,075.91€1,075.91€1,075.91NONE
STOXX Europe 50 Index FuturesFSTX€3,414.12€3,414.12€3,414.12€3,414.12€3,414.12€3,414.12NONE
STOXX Europe 600 Personal & Household Goods FuturesFSTZ€2,820.68€2,820.68€2,820.68€2,820.68€2,820.68€2,820.68NONE
Micro-EURO STOXX 50 Index FuturesFSXE€414.00€414.00€414.00€414.00€414.00€414.00NONE
TecDAX FuturesFTDX€3,103.00€3,103.00€3,103.00€3,103.00€3,103.00€3,103.00NONE
FXXP€2,087.06€2,087.06€2,087.06€2,087.06€2,087.06€2,087.06NONE
Eurex Interest Rate
Euro BTP FuturesFBTP€2,617.00€2,617.00€2,617.00€2,617.00€2,617.00€2,617.00NONE
Short-Term Euro-BTP FuturesFBTS€927.00€927.00€927.00€927.00€927.00€927.00NONE
Euro-Bund FuturesFGBL€1,954.00€1,954.00€1,954.00€1,954.00€1,954.00€1,954.00NONE
Euro-Bobl FuturesFGBM€1,063.00€1,063.00€1,063.00€1,063.00€1,063.00€1,063.00NONE
Euro-Schatz FuturesFGBS€389.00€389.00€389.00€389.00€389.00€389.00NONE
Euro-Buxl FuturesFGBX€3,793.00€3,793.00€3,793.00€3,793.00€3,793.00€3,793.00NONE
Euro-OAT FuturesFOAT€2,077.00€2,077.00€2,077.00€2,077.00€2,077.00€2,077.00NONE
VSTOXX Mini FuturesFVS€304.00€304.00€304.00€304.00€304.00€304.00NONE
Euronext LIFFE
Three Month SARON Index FuturesSA3₣1,650.00₣1,500.00₣1,650.00₣1,650.00₣1,500.00₣1,500.00NONE
Three Month Euro (EURIBOR) Interest Rate FuturesLT2€569.00€569.00€569.00€569.00€569.00€569.00NONE
London Cocoa FuturesCC3£9,620.00£9,620.00£9,620.00£9,620.00£9,620.00£9,620.00NONE
Short Gilt FuturesG£858.00£780.00£858.00£858.00£780.00£780.00NONE
Medium Gilt FuturesH£1,199.00£1,090.00£1,199.00£1,199.00£1,090.00£1,090.00NONE
Long Gilt FuturesLJ£2,230.00£2,230.00£2,230.00£2,230.00£2,230.00£2,230.00NONE
FTSE 100 Index FuturesLZ£5,780.00£5,780.00£5,780.00£5,780.00£5,780.00£5,780.00NONE
Three Month SONIA Index FuturesSO3£702.00£702.00£702.00£702.00£702.00£702.00NONE
White Sugar FuturesCW$1,973.00$1,973.00$1,973.00$1,973.00$1,973.00$1,973.00NONE
London Robusta Coffee FuturesRC$5,340.00$5,340.00$5,340.00$5,340.00$5,340.00$5,340.00NONE
Hard Red Spring WheatHRS$1,705.00$1,550.00$1,705.00$1,705.00$1,550.00$1,550.00NONE
Micro Solana MSL$1,917.00$1,742.00$1,471.00$1,917.00$1,337.00$1,742.00NONE
SolanaSOL$38,311.00$34,828.00$29,453.00$38,311.00$26,775.00$34,828.00NONE

Additional Notes for Clients Using the Reduced Intraday Margin Rate

The day trade rate is valid from 9:00 a.m. until 4 p.m. ET (3:00 p.m. until 10:00 p.m. CET) Monday through Friday, for U.S. Equity Index Futures, as well as select Currency, Energy, Metals, and Interest Rate contracts. A valid stop order* is required at all times when utilizing the day trade rate. Additionally, an account using the maximum available day trade buying power is subject to a greater risk of immediate liquidation pursuant to the terms of your customer agreement, which includes when an account’s equity falls below the position’s intraday margin maintenance requirement. Repeat violations of the firm’s stop order policy could result in the loss of the account’s ability to utilize reduced intraday margins. Clients must be above initial overnight margin or out of their positions before the intraday rate ends. Please consult the trade desk for additional details.

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

*Risking no more than 50% of the Intraday Margin Rate

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://tradestation.eu/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

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