Requirements To Open A Futures Trading Account

Open a futures trading account.

Requirements to open a futures trading account.

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. 1 000 minimum if trading micro contracts only. Before you open a trading account go online to research reputable brokers that are registered with the securities and exchange commission sec. Some small futures brokers offer accounts with a.

For most online brokerages the minimum deposit required is less than 1 000. The equity in each futures account is marked to market daily. In order to trade futures you must have an account with a registered futures broker who will maintain your account and guarantee your trades. There are many futures trading firms out there and it is important to select the one that is right for you.

Our hope is that opening your new futures trading account is simply the first step in a long and lasting relationship. After your account is open follow these instructions to get started. In the futures business brokerage firms are known as either a futures commission merchant fcm or an introducing broker ib. Futures are fungible financial transactions that will obligate the trader to perform an action.

We try to make this process as easy and as fast as possible. This simply means that at the end of each trading day all futures accounts are settled and money is actually transferred between the accounts of all market participants based on their gains and losses during the trading session. A representative can walk you through the process and answer any questions you might have. Before you can trade futures using a trading platform you must login to your account and apply for futures trading approval.

Many securities brokers are also registered to deal in futures. Open a trading account now. Before you can apply for futures trading your account must be enabled for margin options level 2 and advanced features. Opening an account is the first step to trading gold crude oil and corn futures.

5 000 minimum account size. 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. Futures can be one of the most accessible markets for day traders if they have the experience and trading account value necessary to trade. Thank you for trusting optimus futures with your business.

Call us at 1 219 769 0366 or 1 800 747 1420 for assistance opening an account. Do i need a margin account to trade futures. Make sure you meet their minimum balance requirements and they offer the services you need under a fee structure you can afford. Yes a margin account is required to trade futures with an online broker.