Requirements To Open A Futures Trading Account

Opening an account is the first step to trading gold crude oil and corn futures.

Requirements to open a futures trading account.

1 000 minimum if trading micro contracts only. We are an independent introducing broker with relationships with multiple fcm s futures clearing merchant giving you access to a. Yes a margin account is required to trade futures with an online broker. In order to trade futures you must have an account with a registered futures broker who will maintain your account and guarantee your trades.

Many securities brokers are also registered to deal in futures. Thank you for trusting optimus futures with your business. First in order to open an account with a futures broker you ll have to comply with whatever the broker s minimum deposit requirements are. Our hope is that opening your new futures trading account is simply the first step in a long and lasting relationship.

There are many futures trading firms out there and it is important to select the one that is right for you. Futures can be one of the most accessible markets for day traders if they have the experience and trading account value necessary to trade. Make sure you meet their minimum balance requirements and they offer the services you need under a fee structure you can afford. In the futures business brokerage firms are known as either a futures commission merchant fcm or an introducing broker ib.

Some small futures brokers offer accounts with a. 5 000 minimum account size. Understand mark to market. Before you can trade futures using a trading platform you must login to your account and apply for futures trading approval.

After your account is open follow these instructions to get started. Before you open a trading account go online to research reputable brokers that are registered with the securities and exchange commission sec. A representative can walk you through the process and answer any questions you might have. If you d like more information about requirements or to ensure you have the required settings or permissions on your account contact us at 866 839 1100.

Call us at 1 219 769 0366 or 1 800 747 1420 for assistance opening an account. For most online brokerages the minimum deposit required is less than 1 000. Do i need a margin account to trade futures. We try to make this process as easy and as fast as possible.

You can typically start trading futures with less capital than you d need for day trading stocks however you will need more than you will to trade forex. The equity in each futures account is marked to market daily. Futures are fungible financial transactions that will obligate the trader to perform an action. Before you can apply for futures trading your account must be enabled for margin options level 2 and advanced features.