requirements to day trade futures

Sakaba · Mar 31, 2009

Are the equity requirements of a $25k account the same as they would be for a stock day trader?

IndexSwing · Mar 31, 2009

nazzdack · Mar 31, 2009

1) It depends. Higher-quality firms will want more money in order for you to get the lowest commission rates and access to the best technology.
2) Less desirable firms will take less money, cut back your leverage and not offer any perks.

operator · Mar 31, 2009

You can start with 5k at a ton of firms

oraclewizard77 · Mar 31, 2009

Balls of steel, blood of ice, heart of a lion.

lpchad · Mar 31, 2009

Quote from operator:

You can start with 5k at a ton of firms

and promptly pad my account with your losses for what is just a "Quick Scalp" in the ES for me.

ebayuser · Mar 31, 2009

what are some of the firms that people are using?

lpchad · Mar 31, 2009

Quote from ebayuser:

what are some of the firms that people are using?

Advantage Futures

marketsurfer · Mar 31, 2009

global futures--NO MINIMUMS and $500/day trade emini margins-on multiple platforms

none finer!

surf

NoProblem · Mar 31, 2009

Quote from ebayuser:

what are some of the firms that people are using?

http://www.infinityfutures.com/

Awesome customer service with low account requirements and fees.

Somehow, they are also teamed up with the CME and offer tons of excellent and free educational webinars.

Well worth looking into just for the webinars even if you don't trade thru them.

Steve