Contract Reference

Futures Margins & Contract Specs

Complete reference for 140+ futures contracts. Search, filter, and learn about day trading margins, tick values, and commissions.

Day Margin = Hold during market hours
Initial Margin = Hold overnight
Showing 147 of 147 contracts
BCH

Bitcoin Cash

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size0.05
Tick Value$0.05
Day Margin$50.00
Initial Margin$356.40
Commission$0.20
Hours (ET)17:00 - 16:00
BIP

nano Bitcoin Perp Style Futures

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size5
Tick Value$0.05
Day Margin$130.00
Initial Margin$260.00
Commission$0.20
Hours (ET)16:00 - 16:00
BIT

Coinbase Nano Bitcoin

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size5
Tick Value$0.05
Day Margin$25.00
Initial Margin$379.50
Commission$0.20
Hours (ET)17:00 - 16:00
BTC

CME Bitcoin

Crypto Indices
ExchangeCME
Tick Size5
Tick Value$25.00
Day Margin$20000.00
Initial Margin$126277.80
Commission$1.29
Hours (ET)17:00 - 16:00
BTI

Coinbase Bitcoin Futures

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size5
Tick Value$5.00
Day Margin$10000.00
Initial Margin$38427.40
Commission$1.29
Hours (ET)17:00 - 16:00
DOG

Dogecoin

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size0.00001
Tick Value$0.05
Day Margin$50.00
Initial Margin$1307.90
Commission$0.20
Hours (ET)17:00 - 16:00
EC6E

Euro/U.S. Dollar (EUR/USD) Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size0.00005
Tick Value$6.25
Day Margin
Initial Margin
Commission$1.29
Hours (ET)17:00 - 14:00
ECBTC

Bitcoin Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size5
Tick Value$25.00
Day Margin
Initial Margin
Commission$1.29
Hours (ET)
ECCL

Light Sweet Crude Oil Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size0.01
Tick Value$10.00
Day Margin
Initial Margin
Commission$1.29
Hours (ET)17:00 - 13:30
ECES

E-mini S&P 500 Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size0.25
Tick Value$12.50
Day Margin
Initial Margin
Commission$1.29
Hours (ET)17:00 - 15:00
ECGC

Gold Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size0.1
Tick Value$10.00
Day Margin
Initial Margin
Commission$1.29
Hours (ET)17:00 - 12:30
ECHG

Copper Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size0.0005
Tick Value$12.50
Day Margin
Initial Margin
Commission$1.29
Hours (ET)17:00 - 12:00
ECNG

Henry Hub Natural Gas Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size0.001
Tick Value$10.00
Day Margin
Initial Margin
Commission$1.29
Hours (ET)
ECNQ

E-mini Nasdaq-100 Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size0.25
Tick Value$5.00
Day Margin
Initial Margin
Commission$1.29
Hours (ET)17:00 - 15:00
ECRTY

E-mini Russell 2000 Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size0.1
Tick Value$5.00
Day Margin
Initial Margin
Commission$1.29
Hours (ET)17:00 - 15:00
ECSI

Silver Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size0.005
Tick Value$25.00
Day Margin
Initial Margin
Commission$1.29
Hours (ET)17:00 - 12:25
ECYM

E-mini Dow Jones Industrial Average Futures Synthetic

Event Contracts
ExchangeCME EC
Tick Size1
Tick Value$5.00
Day Margin
Initial Margin
Commission$1.29
Hours (ET)17:00 - 15:00
ET

Coinbase Nano Ether

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size0.5
Tick Value$0.05
Day Margin$25.00
Initial Margin$162.80
Commission$0.20
Hours (ET)17:00 - 16:00
ETH

Ether

Crypto Indices
ExchangeCME
Tick Size0.5
Tick Value$25.00
Day Margin$10000.00
Initial Margin$58044.80
Commission$1.29
Hours (ET)17:00 - 16:00
ETI

Coinbase Ether Futures

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size0.5
Tick Value$5.00
Day Margin$20000.00
Initial Margin$16289.90
Commission$1.29
Hours (ET)17:00 - 16:00
ETP

nano Ether Perp Style Futures

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size0.5
Tick Value$0.05
Day Margin$85.00
Initial Margin$170.00
Commission$0.20
Hours (ET)16:00 - 16:00
GSOL

CME Solana

Crypto Indices
ExchangeCME
Tick Size0.05
Tick Value$25.00
Day Margin$500.00
Initial Margin$33518.10
Commission$1.29
Hours (ET)17:00 - 16:00
LC

Litecoin

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size0.01
Tick Value$0.05
Day Margin$50.00
Initial Margin$302.50
Commission$0.20
Hours (ET)17:00 - 16:00
M2K

Micro E-mini Russell 2000

Micro Indices
ExchangeCME
Tick Size0.1
Tick Value$0.50
Day Margin$50.00
Initial Margin$1043.12
Commission$0.39
Hours (ET)17:00 - 16:00
MBT

Micro Bitcoin

Crypto Indices
ExchangeCME
Tick Size5
Tick Value$0.50
Day Margin$100.00
Initial Margin$2525.60
Commission$0.39
Hours (ET)17:00 - 16:00
MES

Micro E-mini S&P 500

Micro Indices
ExchangeCME
Tick Size0.25
Tick Value$1.25
Day Margin$50.00
Initial Margin$2464.99
Commission$0.39
Hours (ET)17:00 - 16:00
MET

Micro Ether

Crypto Indices
ExchangeCME
Tick Size0.5
Tick Value$0.05
Day Margin$50.00
Initial Margin$116.60
Commission$0.39
Hours (ET)17:00 - 16:00
MMC

Micro E-mini S&P MidCap 400 Index

Micro Indices
ExchangeCME
Tick Size0.1
Tick Value$1.00
Day Margin$50.00
Initial Margin$2519.16
Commission$0.39
Hours (ET)17:00 - 16:00
MNK

Micro Nikkei Stock Average

Micro Indices
ExchangeCME
Tick Size5
Tick Value$2.50
Day Margin$50.00
Initial Margin$1944.87
Commission$0.39
Hours (ET)17:00 - 16:00
MNQ

Micro E-mini NASDAQ-100

Micro Indices
ExchangeCME
Tick Size0.25
Tick Value$0.50
Day Margin$100.00
Initial Margin$3691.81
Commission$0.39
Hours (ET)17:00 - 16:00
MSC

Micro E-mini S&P SmallCap 600 Index

Micro Indices
ExchangeCME
Tick Size0.1
Tick Value$1.00
Day Margin$50.00
Initial Margin$1292.75
Commission$0.39
Hours (ET)17:00 - 16:00
MSL

Micro Solana

Crypto Indices
ExchangeCME
Tick Size0.05
Tick Value$1.25
Day Margin$50.00
Initial Margin$1676.40
Commission$0.39
Hours (ET)17:00 - 16:00
MXP

CME Micro XRP

Crypto Indices
ExchangeCME
Tick Size0.0005
Tick Value$1.25
Day Margin$50.00
Initial Margin$2524.50
Commission$0.39
Hours (ET)17:00 - 16:00
MYM

Micro E-mini Dow $0.50

Micro Indices
ExchangeCBOT
Tick Size1
Tick Value$0.50
Day Margin$50.00
Initial Margin$1565.43
Commission$0.39
Hours (ET)17:00 - 16:00
SOL

Nano Solana

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size0.01
Tick Value$0.05
Day Margin$500.00
Initial Margin$605.00
Commission$0.20
Hours (ET)17:00 - 16:00
XRP

nano XRP

Crypto Indices
ExchangeCoinbase Derivatives
Tick Size0.0001
Tick Value$0.05
Day Margin$345.00
Initial Margin$690.00
Commission$0.20
Hours (ET)17:00 - 16:00
ES

E-Mini S&P 500

E-Mini Indices
ExchangeCME
Tick Size0.25
Tick Value$12.50
Day Margin$500.00
Initial Margin$24649.88
Commission$1.29
Hours (ET)17:00 - 16:00
NQ

E-Mini NASDAQ 100

E-Mini Indices
ExchangeCME
Tick Size0.25
Tick Value$5.00
Day Margin$1000.00
Initial Margin$36918.11
Commission$1.29
Hours (ET)17:00 - 16:00
RTY

E-Mini Russell 2000

E-Mini Indices
ExchangeCME
Tick Size0.1
Tick Value$5.00
Day Margin$500.00
Initial Margin$10431.15
Commission$1.29
Hours (ET)17:00 - 16:00
YM

E-Mini Dow ($5)

E-Mini Indices
ExchangeCBOT
Tick Size1
Tick Value$5.00
Day Margin$500.00
Initial Margin$15654.35
Commission$1.29
Hours (ET)17:00 - 16:00
B5

Nano Bloomberg Large Cap Index Futures

Indices
ExchangeCoinbase Derivatives
Tick Size0.01
Tick Value$1.00
Day Margin$70.40
Initial Margin$140.80
Commission$0.20
Hours (ET)17:00 - 16:00
EMD

E-Mini S&P Midcap 400

Indices
ExchangeCME
Tick Size0.1
Tick Value$10.00
Day Margin$1000.00
Initial Margin$20240.00
Commission$1.29
Hours (ET)17:00 - 16:00
FDAX

DAX Index

Indices
ExchangeEUREX
Tick Size1
Tick Value25.00 EUR
Day Margin2000.00 EUR
Initial Margin45964.00 EUR
Commission1.29 EUR
Hours (ET)18:15 - 15:00
FDXM

Mini-DAX

Indices
ExchangeEUREX
Tick Size1
Tick Value5.00 EUR
Day Margin500.00 EUR
Initial Margin9192.00 EUR
Commission1.29 EUR
Hours (ET)18:15 - 15:00
FDXS

Micro DAX Index

Indices
ExchangeEUREX
Tick Size1
Tick Value1.00 EUR
Day Margin100.00 EUR
Initial Margin1838.00 EUR
Commission0.39 EUR
Hours (ET)18:15 - 15:00
FESX

Euro Stoxx 50

Indices
ExchangeEUREX
Tick Size1
Tick Value10.00 EUR
Day Margin1000.00 EUR
Initial Margin4183.00 EUR
Commission1.29 EUR
Hours (ET)18:15 - 15:00
FSXE

Micro EURO STOXX 50

Indices
ExchangeEUREX
Tick Size0.5
Tick Value0.50 EUR
Day Margin209.00 EUR
Initial Margin418.00 EUR
Commission0.39 EUR
Hours (ET)18:15 - 15:00
FVS

VSTOXX

Indices
ExchangeEUREX
Tick Size0.05
Tick Value5.00 EUR
Day Margin1000.00 EUR
Initial Margin393.00 EUR
Commission1.29 EUR
Hours (ET)18:15 - 15:00
FXXP

STOXX Europe 600

Indices
ExchangeEUREX
Tick Size0.1
Tick Value5.00 EUR
Day Margin1000.00 EUR
Initial Margin2091.00 EUR
Commission1.29 EUR
Hours (ET)18:15 - 15:00
LB5

Micro Bloomberg Large Cap Index Future

Indices
ExchangeCoinbase Derivatives
Tick Size0.1
Tick Value$1.00
Day Margin$704.00
Initial Margin$1408.00
Commission$0.20
Hours (ET)17:00 - 16:00
LTEC

Micro SuperTech Index

Indices
ExchangeCoinbase Derivatives
Tick Size0.1
Tick Value$1.00
Day Margin$3843.40
Initial Margin$7686.80
Commission$0.20
Hours (ET)17:00 - 16:00
MC

Mag7 plus Crypto Equity Index

Indices
ExchangeCoinbase Derivatives
Tick Size0.25
Tick Value$0.25
Day Margin$165.00
Initial Margin$330.00
Commission$0.20
Hours (ET)17:00 - 16:00
MFS

Mini-MSCI EAFE Index

Indices
ExchangeICE Futures US
Tick Size0.1
Tick Value$5.00
Day Margin$1000.00
Initial Margin$7840.00
Commission$1.29
Hours (ET)19:00 - 17:00
MME

Mini-MSCI Emerging Markets Index

Indices
ExchangeICE Futures US
Tick Size0.1
Tick Value$5.00
Day Margin$1000.00
Initial Margin$4722.00
Commission$1.29
Hours (ET)19:00 - 17:00
NKD

Nikkei 225 (USD)

Indices
ExchangeCME
Tick Size5
Tick Value$25.00
Day Margin$1000.00
Initial Margin$14300.00
Commission$1.29
Hours (ET)17:00 - 16:00
SPK

SPIKES Volatility Index

Indices
ExchangeMGE
Tick Size0.01
Tick Value$10.00
Day Margin$500.00
Initial Margin$9185.00
Commission$1.29
Hours (ET)18:00 - 17:00
SR1

One Month SOFR Index

Indices
ExchangeICE Futures US
Tick Size0.0025
Tick Value10.42 GBP
Day Margin302.50 GBP
Initial Margin605.00 GBP
Commission1.29 GBP
Hours (ET)18:45 - 16:00
TEC

Nano SuperTech Index

Indices
ExchangeCoinbase Derivatives
Tick Size0.01
Tick Value$1.00
Day Margin$384.45
Initial Margin$768.90
Commission$0.20
Hours (ET)17:00 - 16:00
BZ

Brent Crude Last Day Financial

Energies
ExchangeNYMEX
Tick Size0.01
Tick Value$10.00
Day Margin$1000.00
Initial Margin$4459.48
Commission$1.29
Hours (ET)17:00 - 16:00
CL

Crude Oil

Energies
ExchangeNYMEX
Tick Size0.01
Tick Value$10.00
Day Margin$1000.00
Initial Margin$4753.77
Commission$1.29
Hours (ET)17:00 - 16:00
HO

Heating Oil

Energies
ExchangeNYMEX
Tick Size0.0001
Tick Value$4.20
Day Margin$1000.00
Initial Margin$6187.88
Commission$1.29
Hours (ET)17:00 - 16:00
MCL

Micro Crude Oil

Energies
ExchangeNYMEX
Tick Size0.01
Tick Value$1.00
Day Margin$100.00
Initial Margin$457.81
Commission$0.39
Hours (ET)17:00 - 16:00
MNG

Micro Henry Hub Natural Gas

Energies
ExchangeNYMEX
Tick Size0.001
Tick Value$1.00
Day Margin$100.00
Initial Margin$447.74
Commission$0.39
Hours (ET)17:00 - 16:00
NG

Natural Gas

Energies
ExchangeNYMEX
Tick Size0.001
Tick Value$10.00
Day Margin$1000.00
Initial Margin$4455.50
Commission$1.29
Hours (ET)17:00 - 16:00
NOL

Coinbase Nano Oil

Energies
ExchangeCoinbase Derivatives
Tick Size0.01
Tick Value$0.10
Day Margin$50.00
Initial Margin$79.20
Commission$0.20
Hours (ET)17:00 - 16:00
QG

E-Mini Natural Gas

Energies
ExchangeNYMEX
Tick Size0.005
Tick Value$12.50
Day Margin$500.00
Initial Margin$1119.37
Commission$1.29
Hours (ET)17:00 - 16:00
QH

E-Mini Heating Oil

Energies
ExchangeNYMEX
Tick Size0.001
Tick Value$21.00
Day Margin$500.00
Initial Margin$3098.56
Commission$1.29
Hours (ET)17:00 - 16:15
QM

E-Mini Crude Oil

Energies
ExchangeNYMEX
Tick Size0.025
Tick Value$12.50
Day Margin$500.00
Initial Margin$2289.04
Commission$1.29
Hours (ET)17:00 - 16:00
RB

RBOB Gasoline

Energies
ExchangeNYMEX
Tick Size0.0001
Tick Value$4.20
Day Margin$1000.00
Initial Margin$5025.92
Commission$1.29
Hours (ET)17:00 - 16:00
6A

Australian Dollar

Currencies
ExchangeCME
Tick Size0.00005
Tick Value$5.00
Day Margin$500.00
Initial Margin$2420.00
Commission$1.29
Hours (ET)17:00 - 16:00
6B

British Pound

Currencies
ExchangeCME
Tick Size0.0001
Tick Value$6.25
Day Margin$500.00
Initial Margin$2200.00
Commission$1.29
Hours (ET)17:00 - 16:00
6C

Canadian Dollar

Currencies
ExchangeCME
Tick Size0.00005
Tick Value$5.00
Day Margin$500.00
Initial Margin$1210.00
Commission$1.29
Hours (ET)17:00 - 16:00
6E

Euro FX

Currencies
ExchangeCME
Tick Size0.00005
Tick Value$6.25
Day Margin$500.00
Initial Margin$3190.00
Commission$1.29
Hours (ET)17:00 - 16:00
6J

Japanese Yen

Currencies
ExchangeCME
Tick Size5e-7
Tick Value$6.25
Day Margin$500.00
Initial Margin$3410.00
Commission$1.29
Hours (ET)17:00 - 16:00
6L

Brazilian Real

Currencies
ExchangeCME
Tick Size0.00005
Tick Value$5.00
Day Margin$500.00
Initial Margin$1210.00
Commission$1.29
Hours (ET)17:00 - 16:00
6M

Mexican Peso

Currencies
ExchangeCME
Tick Size0.00001
Tick Value$5.00
Day Margin$500.00
Initial Margin$1430.00
Commission$1.29
Hours (ET)17:00 - 16:00
6N

New Zealand Dollar

Currencies
ExchangeCME
Tick Size0.00005
Tick Value$5.00
Day Margin$500.00
Initial Margin$1540.00
Commission$1.29
Hours (ET)17:00 - 16:00
6S

Swiss Franc

Currencies
ExchangeCME
Tick Size0.00005
Tick Value$6.25
Day Margin$500.00
Initial Margin$4950.00
Commission$1.29
Hours (ET)17:00 - 16:00
DX

US Dollar Index

Currencies
ExchangeICE Futures US
Tick Size0.005
Tick Value$5.00
Day Margin$500.00
Initial Margin$2186.00
Commission$1.29
Hours (ET)19:00 - 16:00
E7

E-Mini Euro FX

Currencies
ExchangeCME
Tick Size0.0001
Tick Value$6.25
Day Margin$500.00
Initial Margin$1485.00
Commission$1.29
Hours (ET)17:00 - 16:00
J7

E-Mini Japanese Yen

Currencies
ExchangeCME
Tick Size0.000001
Tick Value$6.25
Day Margin$500.00
Initial Margin$1540.00
Commission$1.29
Hours (ET)17:00 - 16:00
M6A

E-Micro Australian Dollar

Currencies
ExchangeCME
Tick Size0.0001
Tick Value$1.00
Day Margin$50.00
Initial Margin$209.00
Commission$0.39
Hours (ET)17:00 - 16:00
M6B

E-Micro British Pound

Currencies
ExchangeCME
Tick Size0.0001
Tick Value$0.62
Day Margin$50.00
Initial Margin$220.00
Commission$0.39
Hours (ET)17:00 - 16:00
M6E

E-Micro Euro

Currencies
ExchangeCME
Tick Size0.0001
Tick Value$1.25
Day Margin$50.00
Initial Margin$297.00
Commission$0.39
Hours (ET)17:00 - 16:00
MCD

E-Micro Canadian Dollar

Currencies
ExchangeCME
Tick Size0.0001
Tick Value$1.00
Day Margin$50.00
Initial Margin$110.00
Commission$0.39
Hours (ET)17:00 - 16:00
MJY

E-Micro Japanese Yen

Currencies
ExchangeCME
Tick Size0.000001
Tick Value$1.25
Day Margin$50.00
Initial Margin$308.00
Commission$0.39
Hours (ET)17:00 - 16:00
MSF

E-Micro Swiss Franc

Currencies
ExchangeCME
Tick Size0.0001
Tick Value$1.25
Day Margin$50.00
Initial Margin$495.00
Commission$0.39
Hours (ET)17:00 - 16:00
10Y

Micro 10-Year Yield

Financials
ExchangeCBOT
Tick Size0.001
Tick Value$1.00
Day Margin$50.00
Initial Margin$330.00
Commission$0.39
Hours (ET)17:00 - 16:00
2YY

Micro 2-Year Yield

Financials
ExchangeCBOT
Tick Size0.001
Tick Value$1.00
Day Margin$50.00
Initial Margin$363.00
Commission$0.39
Hours (ET)17:00 - 16:00
30Y

Micro 30-Year Yield

Financials
ExchangeCBOT
Tick Size0.001
Tick Value$1.00
Day Margin$50.00
Initial Margin$297.00
Commission$0.39
Hours (ET)17:00 - 16:00
5YY

Micro 5-Year Yield

Financials
ExchangeCBOT
Tick Size0.001
Tick Value$1.00
Day Margin$50.00
Initial Margin$341.00
Commission$0.39
Hours (ET)17:00 - 16:00
FGBL

Euro-Bund

Financials
ExchangeEUREX
Tick Size0.01
Tick Value10.00 EUR
Day Margin1000.00 EUR
Initial Margin1962.00 EUR
Commission1.29 EUR
Hours (ET)18:15 - 15:00
FGBM

Euro-Bobl

Financials
ExchangeEUREX
Tick Size0.01
Tick Value10.00 EUR
Day Margin1000.00 EUR
Initial Margin1067.00 EUR
Commission1.29 EUR
Hours (ET)18:15 - 15:00
FGBS

Euro-Schatz

Financials
ExchangeEUREX
Tick Size0.005
Tick Value5.00 EUR
Day Margin500.00 EUR
Initial Margin389.00 EUR
Commission1.29 EUR
Hours (ET)18:15 - 15:00
FGBX

Euro-Buxl

Financials
ExchangeEUREX
Tick Size0.02
Tick Value20.00 EUR
Day Margin1000.00 EUR
Initial Margin3854.00 EUR
Commission1.29 EUR
Hours (ET)18:15 - 15:00
GE

Eurodollar

Financials
ExchangeCME
Tick Size0.0025
Tick Value$6.25
Day Margin$478.50
Initial Margin$957.00
Commission$1.29
Hours (ET)17:00 - 16:00
MTN

Micro Ultra 10yr Note

Financials
ExchangeCBOT
Tick Size0.015625
Tick Value$1.56
Day Margin$140.25
Initial Margin$280.50
Commission$0.39
Hours (ET)17:00 - 16:00
MWN

Micro Ultra T-Bond

Financials
ExchangeCBOT
Tick Size0.03125
Tick Value$3.12
Day Margin$50.00
Initial Margin$566.50
Commission$0.39
Hours (ET)17:00 - 16:00
TN

Ultra 10-Year T-Note

Financials
ExchangeCBOT
Tick Size0.015625
Tick Value$15.62
Day Margin$500.00
Initial Margin$2805.00
Commission$1.29
Hours (ET)17:00 - 16:00
TWE

20yr US Treasury Bond

Financials
ExchangeCBOT
Tick Size0.03125
Tick Value$31.25
Day Margin$500.00
Initial Margin$4730.00
Commission$1.29
Hours (ET)17:00 - 16:00
UB

Ultra US Treasury Bond

Financials
ExchangeCBOT
Tick Size0.03125
Tick Value$31.25
Day Margin$1000.00
Initial Margin$5665.00
Commission$1.29
Hours (ET)17:00 - 16:00
Z3N

3 Year US Treasury Notes

Financials
ExchangeCBOT
Tick Size0.00390625
Tick Value$7.81
Day Margin$1000.00
Initial Margin$2000.00
Commission$1.29
Hours (ET)17:00 - 16:00
ZB

US Treasury Bond

Financials
ExchangeCBOT
Tick Size0.03125
Tick Value$31.25
Day Margin$500.00
Initial Margin$4070.00
Commission$1.29
Hours (ET)17:00 - 16:00
ZF

5-Year T-Note

Financials
ExchangeCBOT
Tick Size0.0078125
Tick Value$7.81
Day Margin$500.00
Initial Margin$1375.00
Commission$1.29
Hours (ET)17:00 - 16:00
ZN

10-Year T-Note

Financials
ExchangeCBOT
Tick Size0.015625
Tick Value$15.62
Day Margin$500.00
Initial Margin$2062.50
Commission$1.29
Hours (ET)17:00 - 16:00
ZQ

Fed Funds 30 Day (Globex)

Financials
ExchangeCBOT
Tick Size0.0025
Tick Value$10.42
Day Margin$728.75
Initial Margin$1457.50
Commission$1.29
Hours (ET)17:00 - 16:00
ZT

2-Year T-Note

Financials
ExchangeCBOT
Tick Size0.00390625
Tick Value$7.81
Day Margin$500.00
Initial Margin$1320.00
Commission$1.29
Hours (ET)17:00 - 16:00
1OZ

1-Ounce Gold

Metals
ExchangeCOMEX
Tick Size0.25
Tick Value$0.25
Day Margin$50.00
Initial Margin$253.00
Commission$0.39
Hours (ET)17:00 - 16:00
GC

Gold

Metals
ExchangeCOMEX
Tick Size0.1
Tick Value$10.00
Day Margin$2000.00
Initial Margin$25236.20
Commission$1.29
Hours (ET)17:00 - 16:00
GOL

Gold

Metals
ExchangeCoinbase Derivatives
Tick Size0.1
Tick Value$0.10
Day Margin$50.00
Initial Margin$145.20
Commission$0.20
Hours (ET)17:00 - 16:00
HG

Copper

Metals
ExchangeCOMEX
Tick Size0.0005
Tick Value$12.50
Day Margin$1000.00
Initial Margin$11000.00
Commission$1.29
Hours (ET)17:00 - 16:00
MGC

E-Micro Gold

Metals
ExchangeCOMEX
Tick Size0.1
Tick Value$1.00
Day Margin$200.00
Initial Margin$2527.80
Commission$0.39
Hours (ET)17:00 - 16:00
MHG

Micro Copper

Metals
ExchangeCOMEX
Tick Size0.0005
Tick Value$1.25
Day Margin$200.00
Initial Margin$1100.00
Commission$0.39
Hours (ET)17:00 - 16:00
PA

Palladium

Metals
ExchangeNYMEX
Tick Size0.5
Tick Value$50.00
Day Margin$2000.00
Initial Margin$21843.80
Commission$1.29
Hours (ET)17:00 - 16:00
PL

Platinum

Metals
ExchangeNYMEX
Tick Size0.1
Tick Value$5.00
Day Margin$2000.00
Initial Margin$11404.80
Commission$1.29
Hours (ET)17:00 - 16:00
QC

E-Mini Copper

Metals
ExchangeCOMEX
Tick Size0.002
Tick Value$25.00
Day Margin$500.00
Initial Margin$5500.00
Commission$1.29
Hours (ET)17:00 - 16:15
QI

miNY Silver

Metals
ExchangeCOMEX
Tick Size0.0125
Tick Value$31.25
Day Margin$1000.00
Initial Margin$21913.10
Commission$1.29
Hours (ET)17:00 - 16:15
QO

E-Mini Gold

Metals
ExchangeCOMEX
Tick Size0.25
Tick Value$12.50
Day Margin$500.00
Initial Margin$12637.90
Commission$1.29
Hours (ET)17:00 - 16:15
SI

Silver

Metals
ExchangeCOMEX
Tick Size0.005
Tick Value$25.00
Day Margin$4000.00
Initial Margin$43605.10
Commission$1.29
Hours (ET)17:00 - 16:00
SIL

Micro Silver

Metals
ExchangeCOMEX
Tick Size0.005
Tick Value$5.00
Day Margin$1000.00
Initial Margin$8721.90
Commission$0.39
Hours (ET)17:00 - 16:00
YG

Mini-Gold

Metals
ExchangeICE Futures US
Tick Size0.1
Tick Value$3.21
Day Margin$1000.00
Initial Margin$2195.00
Commission$1.29
Hours (ET)19:00 - 17:00
YI

Mini-Silver

Metals
ExchangeICE Futures US
Tick Size0.001
Tick Value$1.00
Day Margin$1000.00
Initial Margin$3056.00
Commission$1.29
Hours (ET)19:00 - 17:00
MZC

Micro Corn

Grains
ExchangeCBOT
Tick Size0.5
Tick Value$2.50
Day Margin$50.00
Initial Margin$107.80
Commission$0.39
Hours (ET)19:00 - 13:20
MZL

Micro Soybean Oil

Grains
ExchangeCBOT
Tick Size0.02
Tick Value$1.20
Day Margin$50.00
Initial Margin$231.00
Commission$0.39
Hours (ET)19:00 - 13:20
MZM

Micro Soybean Meal

Grains
ExchangeCBOT
Tick Size0.2
Tick Value$2.00
Day Margin$50.00
Initial Margin$170.50
Commission$0.39
Hours (ET)19:00 - 13:20
MZS

Micro Soybean

Grains
ExchangeCBOT
Tick Size0.5
Tick Value$2.50
Day Margin$50.00
Initial Margin$220.00
Commission$0.39
Hours (ET)19:00 - 13:20
MZW

Micro Wheat

Grains
ExchangeCBOT
Tick Size0.5
Tick Value$2.50
Day Margin$50.00
Initial Margin$181.50
Commission$0.39
Hours (ET)19:00 - 13:20
XC

Mini Corn

Grains
ExchangeCBOT
Tick Size0.125
Tick Value$1.25
Day Margin$250.00
Initial Margin$214.50
Commission$1.29
Hours (ET)19:00 - 13:20
XK

Mini Soybean

Grains
ExchangeCBOT
Tick Size0.125
Tick Value$1.25
Day Margin$250.00
Initial Margin$440.00
Commission$1.29
Hours (ET)19:00 - 13:20
XW

Mini Wheat

Grains
ExchangeCBOT
Tick Size0.125
Tick Value$1.25
Day Margin$250.00
Initial Margin$363.00
Commission$1.29
Hours (ET)19:00 - 13:20
ZC

Corn

Grains
ExchangeCBOT
Tick Size0.25
Tick Value$12.50
Day Margin$500.00
Initial Margin$1072.50
Commission$1.29
Hours (ET)19:00 - 13:20
ZL

Soybean Oil

Grains
ExchangeCBOT
Tick Size0.01
Tick Value$6.00
Day Margin$500.00
Initial Margin$2310.00
Commission$1.29
Hours (ET)19:00 - 13:20
ZM

Soybean Meal

Grains
ExchangeCBOT
Tick Size0.1
Tick Value$10.00
Day Margin$1000.00
Initial Margin$1705.00
Commission$1.29
Hours (ET)19:00 - 13:20
ZO

Oats

Grains
ExchangeCBOT
Tick Size0.25
Tick Value$12.50
Day Margin$1000.00
Initial Margin$1375.00
Commission$1.29
Hours (ET)19:00 - 13:20
ZR

Rough Rice

Grains
ExchangeCBOT
Tick Size0.005
Tick Value$10.00
Day Margin$1000.00
Initial Margin$1375.00
Commission$1.29
Hours (ET)19:00 - 13:20
ZS

Soybeans

Grains
ExchangeCBOT
Tick Size0.25
Tick Value$12.50
Day Margin$1000.00
Initial Margin$2200.00
Commission$1.29
Hours (ET)19:00 - 13:20
ZW

Wheat

Grains
ExchangeCBOT
Tick Size0.25
Tick Value$12.50
Day Margin$500.00
Initial Margin$1815.00
Commission$1.29
Hours (ET)19:00 - 13:20
GF

Feeder Cattle

Meats
ExchangeCME
Tick Size0.025
Tick Value$12.50
Day Margin$500.00
Initial Margin$5830.00
Commission$1.29
Hours (ET)08:30 - 13:05
HE

Lean Hogs

Meats
ExchangeCME
Tick Size0.025
Tick Value$10.00
Day Margin$1000.00
Initial Margin$1870.00
Commission$1.29
Hours (ET)08:30 - 13:05
LE

Live Cattle

Meats
ExchangeCME
Tick Size0.025
Tick Value$10.00
Day Margin$500.00
Initial Margin$3410.00
Commission$1.29
Hours (ET)08:30 - 13:05
CC

Cocoa

Softs
ExchangeICE Futures US
Tick Size1
Tick Value$10.00
Day Margin$1000.00
Initial Margin$7084.00
Commission$1.29
Hours (ET)04:45 - 12:30
CT

Cotton

Softs
ExchangeICE Futures US
Tick Size0.01
Tick Value$5.00
Day Margin$1000.00
Initial Margin$1254.00
Commission$1.29
Hours (ET)20:00 - 13:20
KC

Coffee

Softs
ExchangeICE Futures US
Tick Size0.05
Tick Value$18.75
Day Margin$1000.00
Initial Margin$9895.00
Commission$1.29
Hours (ET)04:15 - 12:30
LBR

Lumber

Softs
ExchangeCME
Tick Size0.5
Tick Value$13.75
Day Margin$1000.00
Initial Margin$1210.00
Commission$1.29
Hours (ET)09:00 - 15:05
LBS

Random Length Lumber

Softs
ExchangeCME
Tick Size0.1
Tick Value$11.00
Day Margin$1000.00
Initial Margin$5940.00
Commission$1.29
Hours (ET)09:00 - 15:05
OJ

Orange Juice

Softs
ExchangeICE Futures US
Tick Size0.05
Tick Value$7.50
Day Margin$1000.00
Initial Margin$4775.00
Commission$1.29
Hours (ET)07:00 - 13:00
SB

Sugar No. 11

Softs
ExchangeICE Futures US
Tick Size0.01
Tick Value$11.20
Day Margin$1000.00
Initial Margin$837.00
Commission$1.29
Hours (ET)03:30 - 12:00

Data sourced from Tradovate. Margin requirements may vary by broker and are subject to change.

FAQ

Frequently Asked Questions

Everything you need to know about futures margins and contract specifications

What is a futures day trading margin?

A day trading margin (also called intraday margin) is the minimum account balance required to hold a futures position during regular market hours. Day margins are typically much lower than initial/overnight margins, allowing traders to control larger positions with less capital. You must close your position before the market close to use day margin rates.

What is the difference between day margin and initial margin?

Day margin applies when holding positions during market hours and closing before the session ends. Initial margin (overnight margin) is required when holding positions past the market close into the next trading session. Initial margins are typically 2-10x higher than day margins because of the increased risk of overnight price gaps.

What is a tick value in futures trading?

A tick value represents the dollar amount you gain or lose for each minimum price movement (tick) in a futures contract. For example, if ES has a tick size of 0.25 and a tick value of $12.50, each 0.25 point move equals $12.50 profit or loss per contract.

What are the most popular futures contracts for day trading?

The most popular futures for day trading include E-mini S&P 500 (ES), E-mini Nasdaq-100 (NQ), Micro E-mini S&P 500 (MES), Micro E-mini Nasdaq-100 (MNQ), Crude Oil (CL), and Gold (GC). Micro contracts are especially popular for newer traders due to their lower margin requirements.

What is the minimum margin for trading ES futures?

The E-mini S&P 500 (ES) typically requires around $500-$1,000 for day trading margin at most prop firms, though this varies by broker. Initial (overnight) margin is significantly higher, often $12,000+ depending on current volatility and exchange requirements.

What are micro futures and why are they popular?

Micro futures are smaller-sized versions of standard futures contracts, typically 1/10th the size. For example, the Micro E-mini S&P 500 (MES) is 1/10th the size of ES. They're popular because they require lower margins ($50-$100 for day trading), making them accessible for traders with smaller accounts while still providing real futures trading experience.

What commissions do prop firms charge for futures trading?

Most futures prop firms charge between $0.20 and $2.50 per contract round turn (buy and sell). This includes exchange fees, clearing fees, and NFA fees. Lower commissions are typically offered with higher volume or larger account sizes. Our table shows commission rates for each contract.

What are futures trading hours?

Most CME futures trade nearly 24 hours a day, 5 days a week. The main trading session is typically 9:30 AM - 4:00 PM ET for equity index futures, with electronic trading available from 6:00 PM ET Sunday through 5:00 PM ET Friday. Each contract has specific hours shown in our reference table.

Understanding Futures Margin Requirements

Futures margin requirements are essential for any trader looking to participate in the derivatives market. Unlike stock margins which involve borrowing money, futures margins are performance bonds that ensure you can cover potential losses on your positions.

There are two main types of margins: day trading margin (also called intraday margin) which applies when you open and close positions within the same trading session, and initial margin (overnight margin) required for holding positions past market close.

Prop trading firms often offer reduced day trading margins compared to retail brokers, making it easier for traders to access larger position sizes. Our comprehensive table above shows real-time margin requirements for over 140 futures contracts across all major exchanges including CME, CBOT, NYMEX, and COMEX.

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