Indicative margin requirements

Eurex Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
Micro DAX Future	1,170 €	1,345 €	1,671 €	1,921 €	1 € (1 tick = 1)
Mini DAX Future	5,846 €	6,723 €	8,352 €	9,604 €	5 € (1 tick = 1)
DAX Future	29,229 €	33,614 €	41,756 €	48,019 €	25 € (1 tick = 1)
Micro ESTOXX50	261 €	300 €	372 €	428 €	0.5 € (1 tick = 0.5)
EuroStoxx50 Future	2,603 €	2,994 €	3,719 €	4,277 €	10 € (1 tick = 1)
STOXX50 Future	2,993 €	3,443 €	2,993 €	3,443 €	10 € (1 tick = 1)
VSTOXX Future	983 €	1,130 €	983 €	1,130 €	5 € (1 tick = 0.05)
SMI Future	5,129 CHF	5,898 CHF	7,326 CHF	8,425 CHF	10 CHF (1 tick = 1)
Bobl Future	1,509 €	1,735 €	1,509 €	1,735 €	10 € (1 tick = 0.01)
Bund Future	2,552 €	2,935 €	2,552 €	2,935 €	10 € (1 tick = 0.01)
Buxl Future	5,913 €	6,800 €	5,913 €	6,800 €	20 € (1 tick = 0.02)
Schatz Future	531 €	611 €	531 €	611 €	5 € (1 tick = 0.005)
OAT Future	2,402 €	2,762 €	2,402 €	2,762 €	10 € (1 tick = 0.01)
Short-Term BTP Future	926 €	1,064 €	926 €	1,064 €	10 € (1 tick = 0.01)
Long-Term BTP Future	2,776 €	3,193 €	2,776 €	3,193 €	10 € (1 tick = 0.01)

French Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
FCE CAC40	4,752 €	5,465 €	6,788 €	7,806 €	5 € (1 tick = 0.5)
Milling Wheat Futures	904 €	1,039 €	904 €	1,039 €	12.5 € (1 tick = 0.25)
European Rapeseed Future	2,108 €	2,425 €	2,108 €	2,425 €	12.5 € (1 tick = 0.25)
Corn	1,418 €	1,630 €	1,418 €	1,630 €	12.5 € (1 tick = 0.25)

Italian Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
Mini FTSE MIB Future	3,262 €	3,751 €	4,659 €	5,358 €	5 € (1 tick = 5)
FTSE MIB Future	16,307 €	18,753 €	23,295 €	26,789 €	25 € (1 tick = 5)

Spanish Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
Mini IBEX Future	701 €	806 €	1,000 €	1,151 €	5 € (1 tick = 5)
IBEX 35 Future	7,001 €	8,051 €	10,001 €	11,501 €	10 € (1 tick = 1)

Netherlands Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
AEX Future	10,201 €	11,731 €	14,573 €	16,759 €	10 € (1 tick = 0.05)

CME E-mini Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
Micro E-mini S&P 500 Future	1,150 $	1,264 $	1,642 $	1,806 $	1.25 $ (1 tick = 0.25)
E-mini S&P 500 Future	11,491 $	12,640 $	16,415 $	18,057 $	12.5 $ (1 tick = 0.25)
Micro E-mini NASDAQ 100 Future	2,115 $	2,326 $	3,021 $	3,323 $	0.5 $ (1 tick = 0.25)
E-mini NASDAQ 100 Future	21,141 $	23,255 $	30,201 $	33,221 $	5 $ (1 tick = 0.25)
Micro E-mini Russell 2000 Future	567 $	652 $	810 $	931 $	0.5 $ (1 tick = 0.1)
E-mini Russell 2000 Future	5,665 $	6,515 $	8,092 $	9,306 $	5 $ (1 tick = 0.1)
E-mini S&P 400 Future	13,810 $	15,882 $	19,728 $	22,688 $	10 $ (1 tick = 0.1)
E-mini Euro FX Future	1,522 $	1,750 $	1,522 $	1,750 $	6.25 $ (1 tick = 0.0001)
E-mini JPY Future	1,651 $	1,898 $	1,651 $	1,898 $	6.25 $ (1 tick = 0.0001)

CBOT E-mini Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
Micro E-Mini DJ Future	754 $	867 $	1,077 $	1,238 $	0.5 $ (1 tick = 1)
E-mini DJ Future	7,534 $	8,664 $	10,762 $	12,377 $	5 $ (1 tick = 1)

NYMEX E-mini Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
E-mini Crude Oil Future	6,500 $	8,126 $	6,500 $	8,126 $	12.5 $ (1 tick = 0.025)
E-mini Natural Gas Future	1,849 $	2,127 $	1,849 $	2,127 $	12.5 $ (1 tick = 0.005)

COMEX E-mini Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
E-mini Copper Future (QC)	4,970 $	5,716 $	4,970 $	5,716 $	25 $ (1 tick = 0.002)
E-miNY Gold Future (QO)	8,540 $	9,821 $	8,540 $	9,821 $	12.5 $ (1 tick = 0.25)
E-miNY Silver Future (QI)	10,880 $	12,512 $	10,880 $	12,512 $	31.25 $ (1 tick = 0.0125)

CME Globex Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
Euro FX Future	3,043 $	3,500 $	3,043 $	3,500 $	12.5 $ (1 tick = 0.0001)
AUD/USD Future	1,776 $	2,042 $	1,776 $	2,042 $	10 $ (1 tick = 0.0001)
CAD/USD Future	1,250 $	1,438 $	1,250 $	1,438 $	10 $ (1 tick = 0.0001)
CHF/USD Future	4,292 $	4,936 $	4,292 $	4,936 $	12.5 $ (1 tick = 0.0001)
GBP/USD Future	2,000 $	2,300 $	2,000 $	2,300 $	6.25 $ (1 tick = 0.0001)
JPY/USD Future	3,301 $	3,796 $	3,301 $	3,796 $	12.5 $ (1 tick = 0.0001)
MXN/USD Future	1,455 $	1,673 $	1,455 $	1,673 $	12.5 $ (1 tick = 0.0025)
NZD/USD Future	1,945 $	2,237 $	1,945 $	2,237 $	10 $ (1 tick = 0.0001)
EUR/CHF Future	3,609 CHF	4,151 CHF	3,609 CHF	4,151 CHF	12.5 CHF (1 tick = 0.0001)
EUR/GBP Future	5,252 £	6,041 £	5,252 £	6,041 £	6.25 £ (1 tick = 0.00005)
EUR/JPY Future	1,095,125 JPY	1,259,602 JPY	1,095,125 JPY	1,259,602 JPY	1,250 JPY (1 tick = 0.01)
Nikkei $ 225 Future (NKD)	12,299 $	14,145 $	12,299 $	14,145 $	25 $ (1 tick = 5)
E-micro Euro FX Future	305 $	350 $	305 $	350 $	1.25 $ (1 tick = 0.0001)
E-micro GBP/USD Future	200 $	230 $	200 $	230 $	0.625 $ (1 tick = 0.0001)
E-micro AUD/USD Future	178 $	205 $	178 $	205 $	1 $ (1 tick = 0.0001)
E-micro CAD/USD Future	125 $	144 $	125 $	144 $	1 $ (1 tick = 0.0001)
E-micro CHF/USD Future	430 $	494 $	430 $	494 $	1.25 $ (1 tick = 0.0001)
Class III Milk Future	4,381 $	5,039 $	4,381 $	5,039 $	20 $ (1 tick = 0.01)
Feeder Cattle Future	8,109 $	9,325 $	8,109 $	9,325 $	12.5 $ (1 tick = 0.025)
Lean Hogs Future	3,921 $	4,510 $	3,921 $	4,510 $	10 $ (1 tick = 0.025)
Live Cattle Future	3,564 $	4,099 $	3,564 $	4,099 $	10 $ (1 tick = 0.025)
Lumber Future	0 $	0 $	0 $	0 $	11 $ (1 tick = 0.1)

CBOT Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
2 Year Micro Treasury Yield	945 $	1,087 $	945 $	1,087 $	1 $ (1 tick = 0.001)
5 Year Micro Treasury Yield	2,146 $	2,468 $	2,146 $	2,468 $	1 $ (1 tick = 0.001)
10 Year Micro Treasury Yield	525 $	604 $	525 $	604 $	1 $ (1 tick = 0.001)
30 Year Micro Treasury Yield	594 $	683 $	594 $	683 $	1 $ (1 tick = 0.001)
2 Year T-Note Future	1,203 $	1,383 $	1,203 $	1,383 $	See CME site
5 Year T-Note Future	1,525 $	1,754 $	1,525 $	1,754 $	See CME site
10 Year T-Note Future	2,482 $	2,854 $	2,482 $	2,854 $	See CME site
30 Year T-Bond Future	4,982 $	5,730 $	4,982 $	5,730 $	See CME site
Corn Future	1,800 $	2,070 $	1,800 $	2,070 $	12.5 $ (1 tick = 0.25)
Oat Future	4,467 $	5,137 $	4,467 $	5,137 $	12.5 $ (1 tick = 0.25)
Mini Soybean Future	560 $	643 $	560 $	643 $	1.25 $ (1 tick = 0.125)
Soybean Future	2,796 $	3,215 $	2,796 $	3,215 $	12.5 $ (1 tick = 0.25)
Soybean Oil Future	2,853 $	3,281 $	2,853 $	3,281 $	6 $ (1 tick = 0.01)
Soybean Meal Future	2,570 $	2,956 $	2,570 $	2,956 $	10 $ (1 tick = 0.1)
Mini Wheat Future	506 $	582 $	506 $	582 $	1.25 $ (1 tick = 0.125)
Wheat Future	2,530 $	2,909 $	2,530 $	2,909 $	12.5 $ (1 tick = 0.25)

NYMEX Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
Micro WTI Crude Oil Future	1,300 $	1,625 $	1,300 $	1,625 $	1 $ (1 tick = 0.01)
Crude Oil Future	13,000 $	16,250 $	13,000 $	16,250 $	10 $ (1 tick = 0.01)
Brent Crude Oil Future (BZ)	13,000 $	16,250 $	13,000 $	16,250 $	10 $ (1 tick = 0.01)
Heating Oil Future	20,160 $	25,200 $	20,160 $	25,200 $	4.2 $ (1 tick = 0.0001)
Natural Gas Future	7,396 $	8,506 $	7,396 $	8,506 $	10 $ (1 tick = 0.001)
RBOB Gas Future	17,640 $	22,050 $	17,640 $	22,050 $	4.2 $ (1 tick = 0.0001)
Palladium Future	17,041 $	19,597 $	17,041 $	19,597 $	5 $ (1 tick = 0.05)
Platinum Future	4,747 $	5,459 $	4,747 $	5,459 $	5 $ (1 tick = 0.1)

COMEX Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Value of 1 tick⁽¹⁾
Micro Copper (MHG)	994 $	1,144 $	994 $	1,144 $	1.25 $ (1 tick = 0.0005)
Copper Future (HG)	9,940 $	11,431 $	9,940 $	11,431 $	12.5 $ (1 tick = 0.0005)
Micro Gold (MGC)	1,693 $	1,947 $	1,693 $	1,947 $	1 $ (1 tick = 0.1)
Gold Future (GC)	17,080 $	19,641 $	17,080 $	19,641 $	10 $ (1 tick = 0.1)
Micro Silver (SIL)	4,352 $	5,005 $	4,352 $	5,005 $	5 $ (1 tick = 0.005)
Silver Future (SI)	21,759 $	25,023 $	21,759 $	25,023 $	25 $ (1 tick = 0.005)

CME Cryptocurrency Futures

Instrument	Intraday margin⁽¹⁾		Overnight margin⁽¹⁾		Short Overnight margin⁽¹⁾		Value of 1 tick⁽¹⁾
Instrument	Position maintenance	Initial margin	Position maintenance	Initial margin	Short position maintenance	Short initial margin	Value of 1 tick⁽¹⁾
Micro Bitcoin Future	2,548 $	2,973 $	2,548 $	2,973 $	2,548 $	2,973 $	0.5 $ (1 tick = 5)
Mini Ether Future	97 $	112 $	97 $	112 $	117 $	134 $	0.05 $ (1 tick = 0.5)
Bitcoin Future	127,400 $	148,633 $	127,400 $	148,633 $	127,400 $	148,633 $	25 $ (1 tick = 5)
Ethereum Future	48,496 $	55,770 $	48,496 $	55,770 $	58,195 $	66,924 $	12.5 $ (1 tick = 0.25)

Forex CFD

The margin rate for a currency pair is the maximum between the rates of the two currencies.

Currency	Margin⁽¹⁾		Margin examples with position value of
	Initial margin	Position Maintenance	10,000		50,000
	Initial margin	Position Maintenance	Initial margin	Position Maintenance	Initial margin	Position Maintenance
USD, CAD	3.33 %	2.5 %	333	250	1,665	1,250
EUR, JPY, CHF	3.33 %	3 %	333	300	1,665	1,500
AUD, NOK, NZD, SEK	5 %	3 %	500	300	2,500	1,500
CZK, HUF, ILS, PLN, SGD	5 %	5 %	500	500	2,500	2,500
GBP	3.75 %	3 %	375	300	1,875	1,500
DKK	10 %	5 %	1,000	500	500	2,500
MXN	10 %	6 %	1,000	600	5,000	3,000
ZAR	10 %	7 %	1,000	700	5,000	3,500
HKD	7 %	6 %	700	600	3,500	3,000
CNH	8 %	6 %	800	600	4,000	3,000
RUB	20 %	20 %	2,000	2,000	10,000	10,000

Cash Currency

The margin rate for a currency pair is the maximum between the rates of the two currencies.

Currency	Margin⁽¹⁾	Margin examples with position value of
Currency	Margin⁽¹⁾	10,000	50,000	100,000
USD, CAD	2.5 %	250	1,250	2,500
EUR, JPY, AUD, CHF, SEK, NOK, NZD	3 %	300	1,500	3,000
GBP	3.75 %	375	1,875	3,750
CZK, SGD, HUF, ILS	5 %	500	2,500	5,000
MXN, DKK	10 %	1,000	5,000	10,000
HKD	7 %	700	3,500	7,000
CNH	8 %	800	4,000	8,000

Maximum order size

Currency	Maximum order size
AUD	6,000,000
CAD	6,000,000
CHF	6,000,000
CNH	40,000,000
CZK	7,000,000
DKK	35,000,000
EUR	6,000,000
GBP	5,000,000
HKD	50,000,000
HUF	7,000,000
ILS	7,000,000
JPY	550,000,000
KRW	200,000,000
MXN	70,000,000
NOK	35,000,000
NZD	8,000,000
PLN	7,000,000
RUB	30,000,000
SEK	40,000,000
SGD	8,000,000
USD	7,000,000
ZAR	100,000,000

Precious metals

Metal	Margin⁽¹⁾		Margin examples with position value of
	Position maintenance	Initial margin	50,000		100,000
	Position maintenance	Initial margin	Position Maintenance	Initial Margin	Position Maintenance	Initial Margin
London gold ounce (XAU/USD)	5 %	6.25 %	2,500 $	3,125 $	5,000 $	6,250 $
London silver ounce (XAG/USD)	9 %	50 %	4,500 $	7,425 $	9,000 $	14,850 $

Indicative margin requirements

How to open an account

⁽¹⁾Indicative margin requirements

Indicative margin requirements

How to open an account

(1)Indicative margin requirements

⁽¹⁾Indicative margin requirements