ProRealTime's logo
+44 (0)20 3868 8510
08:00-17:00 London Time
Open an account
Free trial
of the ProRealTime platform

Indicative margin requirements

  • Eurex Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
DAX Future 40,726 € 50,908 € 40,726 € 50,908 € 12.5 €
(1 tick = 0.5)
Mini DAX Future 8,146 € 10,182 € 8,146 € 10,182 € 5 €
(1 tick = 1)
EuroStoxx50 Future 4,248 € 5,310 € 4,248 € 5,310 € 10 €
(1 tick = 1)
STOXX50 Future 3,454 € 4,318 € 3,454 € 4,318 € 10 €
(1 tick = 1)
SMI Future 9,389 CHF 11,737 CHF 9,389 CHF 11,737 CHF 10 CHF
(1 tick = 1)
Bobl Future 1,100 € 1,375 € 1,100 € 1,375 € 10 €
(1 tick = 0.01)
Bund Future 2,710 € 3,388 € 2,710 € 3,388 € 10 €
(1 tick = 0.01)
Buxl Future 9,010 € 11,263 € 9,010 € 11,263 € 20 €
(1 tick = 0.02)
Schatz Future 400 € 500 € 400 € 500 € 5 €
(1 tick = 0.005)
OAT Future 2,840 € 3,550 € 2,840 € 3,550 € 10 €
(1 tick = 0.01)
Short-Term BTP Future 1,940 € 2,425 € 1,940 € 2,425 € 10 €
(1 tick = 0.01)
Long-Term BTP Future 4,840 € 6,050 € 4,840 € 6,050 € 10 €
(1 tick = 0.01)
  • French Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
FCE CAC40 5,500 € 6,875 € 5,500 € 6,875 € 5 €
(1 tick = 0.5)
  • Italian Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
FTSE MIB Future 16,260 € 20,325 € 16,260 € 20,325 € 25 €
(1 tick = 5)
Mini FTSE MIB Future 3,252 € 4,065 € 3,252 € 4,065 € 5 €
(1 tick = 5)
  • Spanish Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
IBEX 35 Future 9,000 € 11,250 € 9,000 € 11,250 € 10 €
(1 tick = 1)
Mini IBEX Future 900 € 1,125 € 900 € 1,125 € 5 €
(1 tick = 5)
  • Netherlands Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
AEX Future 10,000 € 12,500 € 10,000 € 12,500 € 10 €
(1 tick = 0.05)
  • CME E-mini Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
Micro E-mini S&P 500 Future 1,200 $ 1,321 $ 1,200 $ 1,321 $ 1.25 $
(1 tick = 0.25)
E-mini S&P 500 Future 12,001 $ 13,201 $ 12,001 $ 13,201 $ 12.5 $
(1 tick = 0.25)
Micro E-mini NASDAQ 100 Future 1,600 $ 1,760 $ 1,600 $ 1,760 $ 0.5 $
(1 tick = 0.25)
E-mini NASDAQ 100 Future 16,000 $ 17,600 $ 16,000 $ 17,600 $ 5 $
(1 tick = 0.25)
Micro E-mini Russell 2000 Future 580 $ 725 $ 580 $ 725 $ 0.5 $
(1 tick = 0.1)
E-mini Russell 2000 Future 5,800 $ 7,250 $ 5,800 $ 7,250 $ 5 $
(1 tick = 0.1)
E-mini S&P 400 Future 13,500 $ 16,875 $ 13,500 $ 16,875 $ 10 $
(1 tick = 0.1)
E-mini Euro FX Future 2,199 $ 2,749 $ 2,199 $ 2,749 $ 6.25 $
(1 tick = 0.0001)
E-mini JPY Future 1,800 $ 2,250 $ 1,800 $ 2,250 $ 6.25 $
(1 tick = 0.0001)
  • CBOT E-mini Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
Micro E-Mini DJ Future 951 $ 1,093 $ 951 $ 1,093 $ 0.5 $
(1 tick = 1)
E-mini DJ Future 9,501 $ 10,926 $ 9,501 $ 10,926 $ 5 $
(1 tick = 1)
  • NYMEX E-mini Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
E-mini Crude Oil Future 2,750 $ 3,438 $ 2,750 $ 3,438 $ 12.5 $
(1 tick = 0.025)
E-mini Heating Oil Future 2,150 $ 2,688 $ 2,150 $ 2,688 $ 21 $
(1 tick = 0.001)
E-mini Natural Gas Future 1,256 $ 1,570 $ 1,256 $ 1,570 $ 12.5 $
(1 tick = 0.005)
  • COMEX E-mini Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
E-mini Copper Future (QC) 2,740 $ 3,425 $ 2,740 $ 3,425 $ 25 $
(1 tick = 0.002)
E-miNY Gold Future (QO) 5,752 $ 7,190 $ 5,752 $ 7,190 $ 12.5 $
(1 tick = 0.25)
E-miNY Silver Future (QI) 9,956 $ 13,440 $ 9,956 $ 13,440 $ 31.25 $
(1 tick = 0.0125)
  • CME Globex Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
Euro FX Future 4,398 $ 5,497 $ 4,398 $ 5,497 $ 12.5 $
(1 tick = 0.0001)
AUD/USD Future 2,151 $ 2,688 $ 2,151 $ 2,688 $ 10 $
(1 tick = 0.0001)
CAD/USD Future 2,255 $ 2,819 $ 2,255 $ 2,819 $ 10 $
(1 tick = 0.0001)
CHF/USD Future 4,086 $ 5,108 $ 4,086 $ 5,108 $ 12.5 $
(1 tick = 0.0001)
GBP/USD Future 3,981 $ 4,977 $ 3,981 $ 4,977 $ 6.25 $
(1 tick = 0.0001)
JPY/USD Future 3,600 $ 4,500 $ 3,600 $ 4,500 $ 12.5 $
(1 tick = 0.0001)
MXN/USD Future 1,900 $ 3,230 $ 1,900 $ 3,230 $ 12.5 $
(1 tick = 0.0025)
NZD/USD Future 2,343 $ 2,929 $ 2,343 $ 2,929 $ 10 $
(1 tick = 0.0001)
EUR/CHF Future 5,000 CHF 6,300 CHF 5,000 CHF 6,300 CHF 12.5 CHF
(1 tick = 0.0001)
EUR/GBP Future 5,754 £ 7,192 £ 5,754 £ 7,192 £ 6.25 £
(1 tick = 0.00005)
EUR/JPY Future 460,913 JPY 576,141 JPY 460,913 JPY 576,141 JPY 1,250 JPY
(1 tick = 0.01)
Nikkei $ 225 Future (NKD) 7,500 $ 9,375 $ 7,500 $ 9,375 $ 25 $
(1 tick = 5)
Eurodollar Future 275 $ 344 $ 275 $ 344 $ See CME site
E-micro Euro FX Future 440 $ 550 $ 440 $ 550 $ 1.25 $
(1 tick = 0.0001)
E-micro GBP/USD Future 399 $ 498 $ 399 $ 498 $ 0.625 $
(1 tick = 0.0001)
Class III Milk Future 3,120 $ 3,900 $ 3,120 $ 3,900 $ 20 $
(1 tick = 0.01)
Feeder Cattle Future 3,375 $ 4,219 $ 3,375 $ 4,219 $ 12.5 $
(1 tick = 0.025)
Lean Hogs Future 3,417 $ 4,271 $ 3,417 $ 4,271 $ 10 $
(1 tick = 0.025)
Live Cattle Future 1,925 $ 2,406 $ 1,925 $ 2,406 $ 10 $
(1 tick = 0.025)
Lumber Future 11,052 $ 13,815 $ 11,052 $ 13,815 $ 11 $
(1 tick = 0.1)
  • CBOT Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
2 Year T-Note Future 430 $ 538 $ 430 $ 538 $ See CME site
5 Year T-Note Future 650 $ 813 $ 650 $ 813 $ See CME site
10 Year T-Note Future 1,550 $ 1,938 $ 1,550 $ 1,938 $ See CME site
30 Year T-Bond Future 4,700 $ 5,875 $ 4,700 $ 5,875 $ See CME site
Corn Future 1,163 $ 1,454 $ 1,163 $ 1,454 $ 12.5 $
(1 tick = 0.25)
Oat Future 1,107 $ 1,383 $ 1,107 $ 1,383 $ 12.5 $
(1 tick = 0.25)
Soybean Future 2,843 $ 3,554 $ 2,843 $ 3,554 $ 12.5 $
(1 tick = 0.25)
Soybean Oil Future 1,382 $ 1,728 $ 1,382 $ 1,728 $ 6 $
(1 tick = 0.01)
Soybean Meal Future 2,320 $ 2,900 $ 2,320 $ 2,900 $ 10 $
(1 tick = 0.1)
Wheat Future 2,417 $ 3,021 $ 2,417 $ 3,021 $ 12.5 $
(1 tick = 0.25)
  • NYMEX Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
Brent Crude Oil Future (BZ) 4,300 $ 5,375 $ 4,300 $ 5,375 $ 10 $
(1 tick = 0.01)
Crude Oil Future 5,500 $ 6,875 $ 5,500 $ 6,875 $ 10 $
(1 tick = 0.01)
Heating Oil Future 4,300 $ 5,375 $ 4,300 $ 5,375 $ 4.2 $
(1 tick = 0.0001)
Natural Gas Future 4,845 $ 6,056 $ 4,845 $ 6,056 $ 10 $
(1 tick = 0.001)
RBOB Gas Future 5,001 $ 6,251 $ 5,001 $ 6,251 $ 4.2 $
(1 tick = 0.0001)
Palladium Future 32,000 $ 40,000 $ 32,000 $ 40,000 $ 5 $
(1 tick = 0.05)
Platinum Future 5,509 $ 6,886 $ 5,509 $ 6,886 $ 5 $
(1 tick = 0.1)
  • COMEX Futures
Instrument Intraday margin(1) Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin
Copper Future (HG) 5,480 $ 6,850 $ 5,480 $ 6,850 $ 12.5 $
(1 tick = 0.0005)
Gold Future (GC) 11,504 $ 14,380 $ 11,504 $ 14,380 $ 10 $
(1 tick = 0.1)
Silver Future (SI) 19,911 $ 26,880 $ 19,911 $ 26,880 $ 25 $
(1 tick = 0.005)
  • CME Bitcoin Future
Instrument Intraday margin(1) Overnight margin(1) Short Overnight margin(1) Value of 1 tick(1)
Position maintenance Initial margin Position maintenance Initial margin Short position maintenance Short initial margin
Bitcoin Future 26,238 $ 32,797 $ 26,238 $ 32,797 $ 160,000 $ 200,000 $ 25 $
(1 tick = 5)
  • Forex
Currency Margin(1) Margin examples with position size of
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, SGD, HUF, ILS 7 % 700 3,500 7,000
CZK, MXN, DKK 10 % 1,000 5,000 10,000
HKD 12 % 1,200 6,000 12,000
CNH 15 % 1,500 7,500 15,000
  • 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 size of
Position maintenance Initial margin 50,000 100,000
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 % 14.85 % 4,500 $ 7,425 $ 9,000 $ 14,850 $

(1)Indicative margin requirements

Margin and tick value information in this document is indicative.
Margins, Intraday margins and overnight margins are subject to frequent changes. Tick value is subject to modifications by exchanges.
Intraday margins can be suspended without prior notice (overnight margins apply in that case).
If an account holds both futures and options contracts on the same underlying asset, overnight margin always applies instead of intraday margin, even during the intraday trading day hours.