Margins

I trade the Mini S&P and Dow (ES, YM). I am currently paying $750 per contract. Does anyone know of a brokerage that offers $500 per contract?
 
Quote from raidertrader:

I trade the Mini S&P and Dow (ES, YM). I am currently paying $750 per contract. Does anyone know of a brokerage that offers $500 per contract?

Pretty high commissions.

:eek:
 
Quote from raidertrader:

The account margins are $750

Futures' trading requires a "Performance Bond", it is not called margin!

If there is that much of a difference to you between $500 vs $750, you are a ticking time-bomb.

Meanwhile, I 'll toss you a bone so I have someone on the other side of my trades, try AMP or Mirus for LOW minimum capital.
 
Quote from el pollo:

Futures' trading requires a "Performance Bond", it is not called margin!

If there is that much of a difference to you between $500 vs $750, you are a ticking time-bomb.

Meanwhile, I 'll toss you a bone so I have someone on the other side of my trades, try AMP or Mirus for LOW minimum capital.

Performance Bond: The term is also used to denote a collateral deposit intended to secure a futures contract, commonly known as margin.
 
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