Support Board
Date/Time: Mon, 16 Jun 2025 08:41:41 +0000
Margin
View Count: 443
| [2025-05-06 16:16:55] |
| User787305 - Posts: 22 |
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I have a funded account with Ironbeam. Their day trade margins for ES, MES are 500, 50 respectively, Why are Sierra Chart margins greater than the broker, by 3 times? Not being critical, just looking to understand the process here for future trading. Thanks |
| [2025-05-06 19:14:18] |
| Sierra_Chart Engineering - Posts: 19924 |
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Sierra Chart does not control margins. So we do not have an answer on this.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-05-06 19:27:11] |
| User787305 - Posts: 22 |
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Thank you for the response When I go into the Trade Account Monitor/Balance Window, and selct Manage (my account), Edit Trade Account, Margin, and enter The ES symbol (ESM25_FUT_CME), the screen returns Exchange Margin $24,271.50, and Account Margin $1,699.01. I would have to believe that the Account Margin amount is the Marging required by Sierra Chart for (1) ES contract. That's where I'm somewhat confused between IronBeams day trade rates and what I'm seeing on the Trade Account Monitor. If I were to use Ironbeams day trade margin of $500, would my trade be rejected? Thanks again for your patience with my question |
| [2025-05-06 19:36:46] |
| Sierra_Chart Engineering - Posts: 19924 |
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The lower margin you see, is based upon a percentage calculation and that percentage is set by the clearing firm. We do not control that. They make their own decisions on what to do. And they have their own reasons.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2025-05-06 19:37:02
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| [2025-05-08 02:08:41] |
| User925540 - Posts: 75 |
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Any chance this is the same issue as Margin Requirement Incorrect Value ? @User787305, does the margin update to another value when you place an order (ex LMT)? Doesn't have to execute. |
| [2025-05-08 09:44:32] |
| User510332 - Posts: 2 |
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AMP says that margin on Teton are set at 25% maintainance from reopen to 7:45 am cst
Date Time Of Last Edit: 2025-05-08 09:53:30
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| [2025-05-10 01:59:18] |
| User925540 - Posts: 75 |
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@User510332, not sure how that is relevant to the issue I've reported, but the margin value reported in sierrachart is wrong, the fact that the value changed (get corrected) when an order is placed confirms that.
Date Time Of Last Edit: 2025-05-10 02:08:35
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