Futures Margin Rates
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 Apex Holdings believes are accurate. Apex Holdings 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.
| Description | Symbol Root | Initial Margin | Maint. Margin | Day Trading Rate |
|---|---|---|---|---|
| Indexes | ||||
| E-MINI S&P 500 | ES | $12,100 | $11,000 | 25% of initial |
| E-MINI MIDCAP 400 | EMD | $14,850 | $13,500 | NONE |
| E-MINI NASDAQ 100 | NQ | $17,600 | $16,000 | 25% of initial |
| MINI RUSSELL 2000 (CME) | RTY | $7,150 | $6,500 | 25% of initial |
| MINI DOW JONES ($5) | YM | $9,900 | $9,000 | 25% of initial |
| MICRO ES | MES | $1,210 | $1,100 | 25% of initial |
| MICRO NQ | MNQ | $1,760 | $1,600 | 25% of initial |
| MICRO RUSSELL | M2K | $715 | $650 | 25% of initial |
| MICRO YM | MYM | $990 | $900 | 25% of initial |
| NIKKEI ($ BASED) (CME) | NK | $8,250 | $7,500 | NONE |
| VIX | VX | $13,750 | $12,500 | NONE |
| MINI VOLATILITY INDEX | VXM | $1,375 | $1,250 | NONE |
| CME BITCOIN FUTURES | BTC | $71,885 | $65,350 | NONE |
| BAKKT BITCOIN MONTHLY FUTURES CONTRACT | BTM | $15,180 | $13,800 | NONE |
| Eurex | ||||
| DAX | FDAX | €39,138 | €39,138 | NONE |
| MINI-DAX | FDXM | €7,838 | €7,838 | NONE |
| DJ STOXX 50 INDEX | FESX | €4,185 | €4,185 | NONE |
| DJ STOXX 600 BANKS | FSTB | €873 | €873 | NONE |
| DJ STOXX 600 INDST G&S | FSTG | €3,641 | €3,641 | NONE |
| EURO-SCHATZ | FGBS | €255 | €255 | NONE |
| EURO-BOBL | FGBM | €976 | €976 | NONE |
| EURO-BUND | FGBL | €2,470 | €2,470 | NONE |
| EURO-OAT | FOAT | €2,321 | €2,321 | NONE |
| EURO-BUXL | FGBX | €7,469 | €7,469 | NONE |
| DJ STOXX 600 UTILITY | FSTU | €1,514 | €1,514 | NONE |
| EURONEXT LIFFE | ||||
| FTSE 100 INDEX FUTURES | LZ | £3,582 | £3,261 | NONE |
| THREE MONTH EURO (EURIBOR) INTEREST RATE FUTURES | LT2 | €149 | €135 | NONE |
| THREE MONTH STERLING (SHORT STERLING) INTEREST RATE FUTURES | LL | £204 | £185 | NONE |
| THREE MONTH EURO SWISS FRANC INTEREST RATE FUTURES | LF2 | CHF 271 | CHF 246 | NONE |
| LONG GILT FUTURES | LJ | £2,420 | £2,200 | NONE |
| MEDIUM GILT FUTURES | H | £1,199 | £1,090 | NONE |
| SHORT GILT FUTURES | G | £858 | £780 | NONE |
| LONDON COCOA FUTURES | CC3 | £1,749 | £1,590 | NONE |
| LONDON ROBUSTA COFFEE FUTURES | RC | $957 | $870 | NONE |
| WHITE SUGAR FUTURES | CW | £1,540 | £1,400 | NONE |
| EUA FUTURES | ECF | £4,400 | £4,000 | NONE |
| CURRENCIES (CME) | ||||
| AUSTRALIAN DLR. | AD | $1,760 | $1,600 | 50% of initial |
| BRITISH POUND | BP | $2,970 | $2,700 | 50% of initial |
| CANADIAN DLR. | CD | $1,210 | $1,100 | 50% of initial |
| EURO CURRENCY | EC | $2,200 | $2,000 | 50% of initial |
| JAPANESE YEN | JY | $2,750 | $2,500 | 50% of initial |
| MEXICAN PESO | MP1 | $1,540 | $1,400 | 50% of initial |
| NEW ZEALAND DLR. | NE1 | $1,595 | $1,450 | 50% of initial |
| SWISS FRANC | SF | $3,630 | $3,300 | 50% of initial |
| DOLLAR INDEX (ICE) | DX | $2,090 | $1,900 | 50% of initial |
| MINI EURO | E7 | $1,100 | $1,000 | 50% of initial |
| MINI YEN | J7 | $1,375 | $1,250 | 50% of initial |
| E-MICRO AUD/USD | M6A | $176 | $160 | NONE |
| E-MICRO GBP/USD | M6B | $297 | $270 | NONE |
| E-MICRO EUR/USD | M6E | $220 | $200 | NONE |
| INTEREST RATES (CBOT) | ||||
| 30-YR T-BOND | US | $4,400 | $4,000 | 50% of initial |
| Ultra 30-YR T-BOND | UB | $8,690 | $7,900 | 50% of initial |
| 10-YR T-NOTE | TY | $1,375 | $1,250 | 50% of initial |
| Ultra 10-YR NOTE | TEN | $2,255 | $2,050 | 50% of initial |
| 5-YR T-NOTE | FV | $605 | $550 | 50% of initial |
| 2-YR T-NOTE | TU | $330 | $300 | 50% of initial |
| EURODOLLAR (CME) | ED | $248 | $225 | NONE |
| METALS | ||||
| GOLD (COMEX) | GC | $11,000 | $10,000 | 50% of initial |
| SILVER (COMEX) | SI | $15,400 | $14,000 | 50% of initial |
| COPPER (COMEX) | HG | $4,620 | $4,200 | 50% of initial |
| PALLADIUM (NYMEX) | PA | $29,700 | $27,000 | 50% of initial |
| PLATINUM (NYMEX) | PL | $3,630 | $3,300 | 50% of initial |
| MICRO GOLD (COMEX) | MGC | $1,100 | $1,000 | NONE |
| E-MICRO SILVER (COMEX) | SIL | $3,080 | $2,800 | NONE |
| MINI GOLD (ICE) | YG | $3,087 | $2,806 | NONE |
| MINI SILVER (ICE) | YI | $2,701 | $2,455 | NONE |
| ENERGIES | ||||
| CRUDE OIL (NYMEX) | CL | $4,978 | $4,525 | 50% of initial |
| NATURAL GAS (NYMEX) | NG | $3,465 | $3,150 | 50% of initial |
| HEATING OIL (NYMEX) | HO | $4,400 | $4,000 | 50% of initial |
| RBOB GASOLINE (NYMEX) | RB | $4,950 | $4,500 | 50% of initial |
| BRENT CRUDE OIL (ICE) | BRN | $4,620 | $4,200 | 50% of initial |
| LOW SULPHUR GASOIL (ICE) | ULS | $3,521 | $3,201 | NONE |
| E-MINY CRUDE OIL (NYMEX) | QM | $2,489 | $2,263 | 50% of initial |
| E-MINY NATURAL GAS (NYMEX) | QN | $867 | $788 | 50% of initial |
| E-MINY HEATING OIL (NYMEX) | QH | $2,200 | $2,000 | 50% of initial |
| E-MINY RBOB GASOLINE (NYMEX) | QU | $2,475 | $2,250 | 50% of initial |
| AGRICULTURE (CBOT) | ||||
| WHEAT | W | $1,980 | $1,800 | NONE |
| HARD RD WINTER WHEAT | KW | $1,925 | $1,750 | NONE |
| CORN | C | $1,430 | $1,300 | NONE |
| OATS | O | $990 | $900 | NONE |
| SOYBEANS | S | $3,025 | $2,750 | NONE |
| SOYBEAN OIL | BO | $1,485 | $1,350 | NONE |
| SOYBEAN MEAL | SM | $2,255 | $2,050 | NONE |
| ROUGH RICE | RR | $2,145 | $1,915 | NONE |
| MILK (CME) | DA | $1,650 | $1,500 | NONE |
| BUTTER (CME) | CB | $1,320 | $1,200 | NONE |
| MINI WHEAT | YW | $396 | $360 | NONE |
| MINI CORN | YC | $286 | $260 | NONE |
| MINI SOYBEANS | YK | $605 | $550 | NONE |
| MEATS (CME) | ||||
| LEAN HOGS | LH | $1,980 | $1,800 | NONE |
| LIVE CATTLE | LC | $1,980 | $1,800 | NONE |
| FEEDER CATTLE | FC | $3,713 | $3,375 | NONE |
| SOFTS (ICE) | ||||
| COFFEE | KC | $4,455 | $4,050 | NONE |
| COTTON | CT | $2,915 | $2,650 | NONE |
| FROZEN OJ | OJ | $1,386 | $1,260 | NONE |
| COCOA | CC | $2,090 | $1,900 | NONE |
| SUGAR #11 | SB | $1,047 | $952 | NONE |
| OTHER | ||||
| LUMBER (CME) | LB | $6,600 | $6,000 | NONE |
Additional Notes for Clients Using the Reduced Intraday Margin Rate
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. The day trade rate would be one quarter, $3,300. A stop risking no more than half (in dollar terms) would risk approximately $1,650. This equates to about 33 points, or 33 dollars in the ES index, and that would be the maximum stop allowed. Clients must be above initial overnight margin or out of their positions before the day trade rate ends. Please consult the trade desk for additional details.
SPAN margins may be applied. Margins required may vary from the published rates.
By trading on margin (sometimes also referred to as “leveraging” or “gearing”) in your futures account, you acknowledge and agree that Apex Holdings 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 Apex Holdings 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 Apex Holdings’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.
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.