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Date/Time: Tue, 27 Feb 2024 00:18:51 +0000

Post From: Information for Transact Users for Versions 2354 and Higher

[2022-04-22 13:48:31]
Stage 5 Trading - Posts: 151
Hi Bogdan,

The minimum to open the account is $100-$200. The minimum account balance to trade is $200. If the account is in a position that causes the NLV to drop below $200 the position should be liquidated and the account locked from live trading until additional funds are received.

The per contract intraday margin is what you need in your account to trade that specific product.

MCL: $105
CL: $1,230
MES: $65
ES: $650
GC: $1,200
NQ: $900
YM: $480

For example, if your account balance is $500 you can trade up to 4 MES $500/$105 = 4.76 contracts which would be rounded down to 4 contracts max.

I hope that helps. Please let me know if you have any questions or we can provide further detail.

Thank you,
Anthony Giacomin
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.