Low Day Trade Margins

Sierra Futures offers traders low day trade margins to accommodate traders that require high leverage to trade their accounts. At $500 per contract for some of the most popular and liquid products. Traders should make sure they understand the risk involved in using leverage.

  • $500 – Equity Index
  • $500 – FX
  • $500 – Interest Rates
  • $1,000 – Energies
  • $1,500 – Metals

Rithmic, CTS, and CQG Data Technology offers competitive day trade margins, please click on the desired data technology below for margin requirements:


Rithmic Margins

Equity Index

Product Name Symbol Exchange Initial Margin Day Margin
E-mini S&P 500 ES CME $5,060 $500
E-mini NASDAQ 100 NQ CME $3,630 $500
E-mini Dow ($5) YM CBOT $4,290 $500
Mini Russell 2000 TF ICE $5,610 $500
E-mini S&P MidCap 400 EMD CME $7,730 $750
Nikkei 225 Stock Index NKD CME $2,750 $1,000
DAX FDAX EUREX €18,282 €2,000
EURO STOXX 50 FESX EUREX €2,458 €1,000

FX

Product Name Symbol Exchange Initial Margin Day Margin
Euro Futures 6E CME $1,925 $500
E-mini Euro Futures E7 CME $963 $400
E-micro Euro Futures M6E CME $193 $300
Japanese Yen 6J CME $2,475 $500
E-mini Japanese Yen J7 CME $1,238 $400
E-micro Japanese Yen MJY CME $347 $300
Aussie Dollar 6A CME $1,430 $500
E-micro Aussie Dollar M6A CME $143 $300
British Pound 6B CME $1,375 $500
E-micro British Pound M6B CME $138 $300
Canadian Dollar 6C CME $1,100 $500
E-micro Canadian Dollar MCD CME $110 $300
Swiss Franc 6S CME $2,035 $1,000
E-micro Swiss Franc MSF CME $143 $300
Brazilian Real 6L CME $3,410 $500
Mexican Peso 6M CME $1,980 $750
New Zealand Dollar 6N CME $1,485 $1,000
Russian Ruble 6R CME $5,280 $1,000
South African Rand 6Z CME $1,870 $1,000
U.S. Dollar Index DX ICE $1,265 $500

Interest Rates

Product Name Symbol Exchange Initial Margin Day Margin
U.S. Treasury Bonds ZB CBOT $2,310 $550
10 Year Notes ZN CBOT $1,430 $500
5 Year Notes ZF CBOT $990 $500
2 Year Notes ZT CBOT $341 $500
30 Day Fed Funds ZQ CBOT $275 $400
Eurodollar GE CME $490 $400
Euro-Bund (10 Year) FGBL EUREX €2,170 €500
Euro-Bobl (5 Year) FGBM EUREX €1,055 €500
Euro-Schatz (2 Year) FGBS EUREX €390 €500
Euro-OAT FOAT EUREX €1,860 €500
Long-Term Euro-BTP FBTP EUREX €3,320 €500

Metals

Product Name Symbol Exchange Initial Margin Day Margin
Gold GC COMEX $5,060 $1,500
Silver SI COMEX $7,150 $2,500
Copper HG COMEX $2,860 $1,000
miNY Gold QO COMEX $2,530 $750
miNY Silver QI COMEX $3,575 $1,000
miNY Copper QC COMEX $1,430 $1,000
Micro Gold MGC COMEX $506 $500

Energies

Product Name Symbol Exchange Initial Margin Day Margin
Crude Oil CL NYMEX $2,970 $1,000
Natural Gas NG NYMEX $3,080 $2,000
Heating Oil HO NYMEX $3,630 $1,500
RBOB Gasoline RB NYMEX $3,850 $1,500
E-mini Crude Oil QM NYMEX $1,485 $1,000
E-mini Natural Gas QG NYMEX $770 $1,000
E-mini Heating Oil QH NYMEX $1,733 $1,000
E-mini RBOB Gasoline QU NYMEX $1,750 $1,000

Grains

Product Name Symbol Exchange Initial Margin Day Margin
Corn ZC CBOT $1,650 $500
Oats ZO CBOT $1,375 $1,000
Rough Rice ZR CBOT $1,100 $500
Soybeans ZS CBOT $3,300 $1,500
Soybean Oil ZL CBOT $1,265 $500
Soybean Meal ZM CBOT $2,200 $1,000
Wheat ZW CBOT $1,650 $1,000

Softs

Product Name Symbol Exchange Initial Margin Day Margin
Sugar #11 SB ICE $935 $1,000
Cocoa CC ICE $935 $1,000
Coffee KC ICE $5,720 $1,000
Cotton CT ICE $1,320 $1,000

Livestock

Product Name Symbol Exchange Initial Margin Day Margin
Feeder Cattle GF CME $1,650 $1,000
Live Cattle LE CME $2,200 $1,000
Lean Hogs HE CME $1,320 $1,000
CQG Margins

Equity Index

Product Name Symbol Exchange Initial Margin Day Margin
E-mini S&P 500 ES CME $5,060 $1,012
E-mini NASDAQ-100 NQ CME $3,630 $726
E-mini Dow ($5) YM CBOT $4,290 $858
Mini Russell 2000 TF ICE $5,610 $1,122
Mini Russell 1000 RF ICE $2,585 $517
E-mini S&P MidCap 400 EMD CME $7,370 $1,474
Nikkei 225 Stock Index NKD CME $2,750 $550
DAX FDAX EUREX €18,282 €3,656
MDAX F2MX EUREX €6,153 €1,230
EURO STOXX 50 FESX EUREX €2,458 €492
STOXX 50 FSTX EUREX €2,130 €426
FTSE 100 FTSE LIFFE London £2,750 £550
FTSE EuroTop 100 E100 LIFFE London £2,736 £547
FTSE250 FTSE250 LIFFE London $5,299 $1,045
FTSEEuroFirst 100 EF100 LIFFE London €1,850 €370
FTSEEuroFirst 80 EF80 LIFFE London $2,230 $426
CAC 40 FCE LIFFE Paris €2,300 €460

FX

Product Name Symbol Exchange Initial Margin Day Margin
Euro Futures 6E CME $1,925 $385
E-mini Euro Futures E7 CME $963 $193
E-micro Euro Futures M6E CME $193 $39
Japanese Yen 6J CME $2,475 $495
E-mini Japanese Yen J7 CME $1,238 $248
E-micro Japanese Yen MJY CME $248 $50
Aussie Dollar 6A CME $1,430 $286
E-micro Aussie Dollar M6A CME $143 $29
British Pound 6B CME $1,375 $275
E-micro British Pound M6B CME $138 $28
Canadian Dollar 6C CME $1,100 $220
E-micro Canadian Dollar MCD CME $110 $22
Swiss Franc 6S CME $2,035 $407
E-micro Swiss Franc MSF CME $143 $29
Brazilian Real 6L CME $3,410 $682
Mexican Peso 6M CME $1,980 $396
New Zealand Dollar 6N CME $1,485 $297
Russian Ruble 6R CME $5,280 $1,056
South African Rand 6Z CME $1,870 $374
U.S. Dollar Index DX ICE $1,265 $176

Interest Rates

Product Name Symbol Exchange Initial Margin Day Margin
U.S. Treasury Bonds ZB CBOT $2,310 $462
10 Year Notes ZN CBOT $1,430 $286
5 Year Notes ZF CBOT $990 $198
2 Year Notes ZT CBOT $341 $68
30 Day Fed Funds ZQ CBOT $275 $55
Eurodollar GE CME $490 $98
LIBOR 1 Month GLB CME $220 $44
Euro-Bund (10 Year) FGBL EUREX €2,170 €434
Euro-Bobl (5 Year) FGBM EUREX €1,055 €211
Euro-Schatz (2 Year) FGBS EUREX €390 €78
Euro-OAT FOAT EUREX €1,860 €372
Long-Term Euro-BTP FBTP EUREX €3,320 €664
Long Gilt GLTL LIFEE London $2,270 $454
Three Month Euro Swiss Franc (EuroSwiss) EURCHF LIFEE London CHF.402 CHF.201
Three Month EuroYen (Tibor) EY3TB LIFEE London ¥41,800 ¥8,360
Three Month Sterling (Short Sterling) STERL LIFEE London £436 ¥87
Three Month Euro (Euribor) FEU3 LIFEE London €598 €120

Metals

Product Name Symbol Exchange Initial Margin Day Margin
Gold GC COMEX $5,060 $1,012
Silver SI COMEX $7,150 $1,430
Copper HG COMEX $2,860 $572
miNY Gold QO COMEX $2,530 $506
miNY Silver QI COMEX $3,575 $715
miNY Copper QC COMEX $1,430 $286
Micro Gold MGC COMEX $506 $101
Mini Gold ZYG NYSE LIFFE $1,650 $330
100 oz Gold ZG NYSE LIFFE $4,518 $904
Mini Silver YI NYSE LIFFE $1,375 $275
5000 oz Gold ZI NYSE LIFFE $6,250 $1,250

Energies

Product Name Symbol Exchange Initial Margin Day Margin
Crude Oil CL NYMEX $2,970 $594
Natural Gas NG NYMEX $3,080 $616
Heating Oil HO NYMEX $3,630 $726
RBOB Gasoline RB NYMEX $3,850 $770
E-mini Crude Oil QM NYMEX $1,485 $297
E-mini Natural Gas QG NYMEX $770 $154
E-mini Heating Oil QH NYMEX $1,733 $347
E-mini RBOB Gasoline QU NYMEX $1,750 $350

Grains

Product Name Symbol Exchange Initial Margin Day Margin
Corn ZC CBOT $1,650 $330
Oats ZO CBOT $1,375 $275
Rough Rice ZR CBOT $1,100 $220
Soybeans ZS CBOT $3,300 $660
Soybean Oil ZL CBOT $1,265 $253
Soybean Meal ZM CBOT $2,200 $440
Wheat ZW CBOT $1,650 $4330
Corn PZ LIFFE Paris €500 €100
Milling Wheat PV LIFFE Paris €500 €110
Rapeseed PM LIFFE Paris €900 €180
Wheat WHT LIFFE London $670 $134

Softs

Product Name Symbol Exchange Initial Margin Day Margin
Sugar #11 SB ICE $935 $187
Cocoa CC ICE $935 $187
Coffee KC ICE $5,720 $1,606
Cotton CT ICE $1,320 $385
Cocoa CC-M LIFFE London $970 $194
Robusta Coffee COF10 LIFFE London $1,750 $350
White Sugar WSG LIFFE London $1,311 $262

Livestock

Product Name Symbol Exchange Initial Margin Day Margin
Feeder Cattle GF CME $1,650 $330
Live Cattle LE CME $2,200 $440
Lean Hogs HE CME $1,320 $264
CTS Margins

Equity Index

Product Name Symbol Exchange Initial Margin Day Margin
E-mini S&P 500 ES CME $5,060 $1,012
E-mini NASDAQ-100 NQ CME $3,630 $726
E-mini Dow ($5) YM CBOT $4,290 $858
Mini Russell 2000 TF ICE $5,610 $1,122
Mini Russell 1000 RF ICE $2,585 $517
E-mini S&P MidCap 400 EMD CME $7,370 $1,474
Nikkei 225 Stock Index NKD CME $2,750 $550
DAX FDAX EUREX €18,282 €3,656
MDAX F2MX EUREX €6,153 €1,230
EURO STOXX 50 FESX EUREX €2,458 €492
STOXX 50 FSTX EUREX €2,130 €426
FTSE 100 FTSE LIFFE London £2,750 £550
FTSE EuroTop 100 E100 LIFFE London £2,736 £547
FTSE250 FTSE250 LIFFE London $5,299 $1,045
FTSEEuroFirst 100 EF100 LIFFE London €1,850 €370
FTSEEuroFirst 80 EF80 LIFFE London $2,230 $426
CAC 40 FCE LIFFE Paris €2,300 €460

FX

Product Name Symbol Exchange Initial Margin Day Margin
Euro Futures 6E CME $1,925 $385
E-mini Euro Futures E7 CME $963 $193
E-micro Euro Futures M6E CME $193 $39
Japanese Yen 6J CME $2,475 $495
E-mini Japanese Yen J7 CME $1,238 $248
E-micro Japanese Yen MJY CME $248 $50
Aussie Dollar 6A CME $1,430 $286
E-micro Aussie Dollar M6A CME $143 $29
British Pound 6B CME $1,375 $275
E-micro British Pound M6B CME $138 $28
Canadian Dollar 6C CME $1,100 $220
E-micro Canadian Dollar MCD CME $110 $22
Swiss Franc 6S CME $2,035 $407
E-micro Swiss Franc MSF CME $143 $29
Brazilian Real 6L CME $3,410 $682
Mexican Peso 6M CME $1,980 $396
New Zealand Dollar 6N CME $1,485 $297
Russian Ruble 6R CME $5,280 $1,056
South African Rand 6Z CME $1,870 $374
U.S. Dollar Index DX ICE $1,265 $176

Interest Rates

Product Name Symbol Exchange Initial Margin Day Margin
U.S. Treasury Bonds ZB CBOT $2,310 $462
10 Year Notes ZN CBOT $1,430 $286
5 Year Notes ZF CBOT $990 $198
2 Year Notes ZT CBOT $341 $68
30 Day Fed Funds ZQ CBOT $275 $55
Eurodollar GE CME $490 $98
LIBOR 1 Month GLB CME $220 $44
Euro-Bund (10 Year) FGBL EUREX €2,170 €434
Euro-Bobl (5 Year) FGBM EUREX €1,055 €211
Euro-Schatz (2 Year) FGBS EUREX €390 €78
Euro-OAT FOAT EUREX €1,860 €372
Long-Term Euro-BTP FBTP EUREX €3,320 €664
Long Gilt GLTL LIFEE London $2,270 $454
Three Month Euro Swiss Franc (EuroSwiss) EURCHF LIFEE London CHF.402 CHF.201
Three Month EuroYen (Tibor) EY3TB LIFEE London ¥41,800 ¥8,360
Three Month Sterling (Short Sterling) STERL LIFEE London £436 ¥87
Three Month Euro (Euribor) FEU3 LIFEE London €598 €120

Metals

Product Name Symbol Exchange Initial Margin Day Margin
Gold GC COMEX $5,060 $1,012
Silver SI COMEX $7,150 $1,430
Copper HG COMEX $2,860 $572
miNY Gold QO COMEX $2,530 $506
miNY Silver QI COMEX $3,575 $715
miNY Copper QC COMEX $1,430 $286
Micro Gold MGC COMEX $506 $101
Mini Gold ZYG NYSE LIFFE $1,650 $330
100 oz Gold ZG NYSE LIFFE $4,518 $904
Mini Silver YI NYSE LIFFE $1,375 $275
5000 oz Gold ZI NYSE LIFFE $6,250 $1,250

Energies

Product Name Symbol Exchange Initial Margin Day Margin
Crude Oil CL NYMEX $2,970 $594
Natural Gas NG NYMEX $3,080 $616
Heating Oil HO NYMEX $3,630 $726
RBOB Gasoline RB NYMEX $3,850 $770
E-mini Crude Oil QM NYMEX $1,485 $297
E-mini Natural Gas QG NYMEX $770 $154
E-mini Heating Oil QH NYMEX $1,733 $347
E-mini RBOB Gasoline QU NYMEX $1,750 $350

Grains

Product Name Symbol Exchange Initial Margin Day Margin
Corn ZC CBOT $1,650 $330
Oats ZO CBOT $1,375 $275
Rough Rice ZR CBOT $1,100 $220
Soybeans ZS CBOT $3,300 $660
Soybean Oil ZL CBOT $1,265 $253
Soybean Meal ZM CBOT $2,200 $440
Wheat ZW CBOT $1,650 $4330
Corn PZ LIFFE Paris €500 €100
Milling Wheat PV LIFFE Paris €500 €110
Rapeseed PM LIFFE Paris €900 €180
Wheat WHT LIFFE London $670 $134

Softs

Product Name Symbol Exchange Initial Margin Day Margin
Sugar #11 SB ICE $935 $187
Cocoa CC ICE $935 $187
Coffee KC ICE $5,720 $1,606
Cotton CT ICE $1,320 $385
Cocoa CC-M LIFFE London $970 $194
Robusta Coffee COF10 LIFFE London $1,750 $350
White Sugar WSG LIFFE London $1,311 $262

Livestock

Product Name Symbol Exchange Initial Margin Day Margin
Feeder Cattle GF CME $1,650 $330
Live Cattle LE CME $2,200 $440
Lean Hogs HE CME $1,320 $264
Risk Disclosure: Trading futures involves the risk of loss. You should consider carefully whether futures are appropriate to your financial situation. Only risk capital should be used when trading futures. Investors could lose more than their initial investment. Past results are not necessarily indicative of future results. The risk of loss in trading futures can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition. ©2017 Sierra Futures. All rights reserved.

*The lower the margin, especially Day Trading Margins, the higher the leverage and riskier the trade. Leverage can work for you as well as against you, it magnifies gains as well as losses.