This is My First Live Account, How does Margin Work?

4 min. readlast update: 01.01.2025

Margin is the minimum amount required that a trader must have in their account to open a position. As your balance increase or decreases so will the ability to trade a number of contracts. We provide the original starting balance but we ARE NOT REQUIRED to maintain any minimum or maximum number of contracts. Should you experience loss, the number of contracts you can open would be reduced. As you profit, the number of contracts you can open will be increased.  During high volatility times and at the brokers discretion margin requirements may be increased due to risk increases in the market. 

Please see the table below for your product and the margin requirement.  Please be aware that you are only permitted to carry a open position from session to session providing you have the required Overnight Margin in your account. 

Nano Futures Contracts

Contract Symbol Day Margin Overnight Margin
Nano Bitcoin BIT $20 $171
Nano Ether ET $20 $78

Micro Futures Contracts

Contract Symbol Day Margin Overnight Margin
Micro E-Mini S&P 500 MES $50 $1518
Micro E-Mini Dow Jones MYM $50 $1078
Micro E-Mini Russell 2000 M2K $50 $792
Micro E-Mini Nasdaq 100 MNQ $80 $2057
Micro Bitcoin MBT $500 $1440
Micro Crude Oil MCL $200 $546
Micro Gold MGC $50 $1155
Micro Silver SIL $200 $2310
E-Micro Australian Dollar M6A $40 $160
E-Micro British Pound M6B $50 $209
E-Micro Euro M6E $50 $231
E-Micro Canadian Dollar MCD $50 $110
E-Micro Japanese Yen MJY $50 $352
E-Micro Swiss Franc MSF $50 $407
Micro 30-Year Yield 30Y $50 $297
Micro 10-Year Yield 10Y $50 $352
Micro 5-Year Yield 5YY $50 $352
Micro 2-Year Yield 2YY $50 $363

Mini Equity Contracts

Contract Symbol Day Margin Overnight Margin
E-Mini S&P 500 ES $500 $15180
E-Mini Dow Jones YM $500 $10780
E-Mini Russell 2000 RTY $500 $7920
E-Mini Nasdaq 100 NQ $1000 $20570

Energy Contracts

Contract Symbol Day Margin Overnight Margin
Crude Oil Futures CL $2000 $5444
E-Mini Crude Oil QM $1000 $2733
Micro Crude Oil MCL $200 $546
Heating Oil HO $1500 $6861
Natural Gas NG $1000 $2604
E-Mini Natural Gas QG $300 $657
RBOB Gasoline RB $1000 $5520

Interest Rate Contracts

Contract Symbol Day Margin Overnight Margin
30YR Treasury Bond ZB $500 $4070
30 YR Ultra Bond UB $500 $6050
10YR Treasury Note ZN $200 $2200
10YR Ultra Treasury Note TN $300 $2860
5YR Treasury Note ZF $150 $1430
2YR Treasury Note ZT $75 $1265
Micro 30-Year Yield 30Y $50 $297
Micro 10-Year Yield 10Y $50 $352
Micro 5-Year Yield 5YY $50 $352
Micro 2-Year Yield 2YY $50 $363

Agriculture Contracts

Contract Symbol Day Margin Overnight Margin
Corn Futures ZC $250 $1210
Soybean Futures ZS $500 $2310
Soybean Meal Futures ZM $400 $2090
Soybean Oil Futures ZL $350 $1760
Oat Futures ZO $250 $1540
Rough Rice Futures ZR $250 $1540
Wheat Futures ZW $250 $1980
HRW Wheat Futures KE $300 $1980
Mini Corn XC $50 $242
Mini Wheat XW $50 $396
Mini Soybean XK $100 $462
Feeder Cattle Futures GF $350 $4538
Live Cattle Futures LE $200 $2695
Lean Hog Futures HE $250 $1650
Lumber Futures LBS $2000 $7260

Metals Contracts

Contract Symbol Day Margin Overnight Margin
Gold Futures GC $500 $11550
Mini Gold Futures QO $250 $5775
Micro Gold Futures MGC $50 $1155
Copper Futures HG $500 $6050
Silver Futures SI $1000 $11550

Currency Contracts

Contract Symbol Day Margin Overnight Margin
Australian Dollar 6A $200 $1595
British Pound 6B $350 $2090
Canadian Dollar 6C $150 $1100
Euro Futures 6E $250 $2310
Japanese Yen 6J $250 $3520
Brazilian Real 6L $200 $935
Mexican Peso 6M $200 $1760
New Zealand Dollar 6N $250 $1540
Russian Ruble 6R $300 $6820
Swiss Franc 6S $400 $4070
African Rand 6Z $400 $1540
E-Mini Euro E7 $150 $1155
E-Mini Yen J7 $150 $1760
E-Micro Australian Dollar M6A $40 $160
E-Micro British Pound M6B $50 $209
E-Micro Euro M6E $50 $231
E-Micro Canadian Dollar MCD $50 $110
E-Micro Japanese Yen MJY $50 $352
E-Micro Swiss Franc MSF $50 $407
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