Best broker for small account futures?

[tradeking007yahoo]

tradeovate is great on customer service and the CQG connection is free using their platform

 

[DevBru]

Not for day trading, IB intraday margin requirements are too high for a small account.

Although OP didnt say if he was day trading. He will struggle to trade even one micro lot at IB with a $1,000 account

Amp futures only require $50 margin for 1 micro MES/MNQ lot intra day, and M2K is probably half that.

https://imgur.com/2HigCkI

 

[AMP_Futures]

AMP FLAT Pricing offer using any of our FREE Trading Platforms, such as MetaTrader 5, Sierra Chart, MultiCharts, TradingView, Jigsaw, CQG Desktop & CQG Mobile....

Exchange Fee $0.20
CQG Order Routing Fee $0.10
NFA $0.02
AMP Clearing Fee $0.05

Total per Side $0.37

Available on all 40+ different trading platforms. Please use the AMP Exact Cost Calculator to confirm the total all-in price for any platforms that charge any additional per contract platform fees:https://portal.ampclearing.com/account/commissionquote.aspx

Day Trade Margins: https://www.ampfutures.com/trading-info/margins/

• Micro E-mini S&P 500 : MES = $40.00
• Micro E-mini Nasdaq-100: MNQ = $100.00
• Micro E-mini Dow: MYM = $50.00
• Micro E-mini Russell 2000: M2K = $50.00

AMP Account Minimum to get started is only $100.

https://news.ampfutures.com/cme-e-micro-indices-launched-ready-for-live-trading

 

[Millionaire]

https://imgur.com/2HigCkI

Interesting that AMP have jacked RTY and M2K margin requirements.

RTY was recently $250 now $500, and M2K micro was i think $25 and now $50.

I suppose since RTY crossed $100K notional value threshold (2000 index price), it should be jacked up.

 

[Millionaire]

I just noticed NQ mini magin at AMP has been increased to $1000 (was $500), MNQ micro from $50 to $100,

@AMP_Global when did that happen and is it permanent?

 

[DevBru]

I just noticed NQ mini magin at AMP has been increased to $1000 (was $500), MNQ from $50 to $100, when did that happen and is it permanent?

I just checked and on June 12th i received an email that margin levels were restored after a temporary increase.

These were the (restored) margin levels back then:

https://imgur.com/tUQCcg2

In the weeks after there was another temporary increases and restorement but nothing about a permanent increase, i can not check when the levels were increased since the last mail that actually contained a screenshot of the daytrade margins was that one above from June 12th.

I do however suspect these increases are permanent, since there was no communication about a temporary increase either. They must have "secretly" increased the levels somewhere around that period last year.

 

[Millionaire]

I do however suspect these increases are permanent, since there was no communication about a temporary increase either. They must have "secretly" increased the levels somewhere around that period last year.

They might have happened start of this year, Jan 1st 2021.

I have already asked AMP_Global, so am waiting for him to clarify.

 

[movingaverage]

Do not think that low margins will help you make money... making money has nothing to do with low margins...

 

[NinjaTrader_Ray]

https://ninjatrader.com/Futures

 

[IronFist]

I tried a demo of infinity futures years ago. It came with sierracharts but it was a proprietary version lacking features.