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Ninja Raises Margins Indefinitely
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Ninja Raises Margins Indefinitely

  #1 (permalink)
Elite Member
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Ninja Raises Margins Indefinitely

NinjaTrader Brokerage has raised their margins to 2x on the minis, $2000 on the CL and 3x on treasuries indefinitely (as far as I know anyway - no mention in the email about timing).
AMP and Global have rolled back their margins to before BREXIT except for currencies.

Any opinions on this? I have been with Ninja since they opened their brokerage, but still have an account with AMP -
thinking of moving to AMP. I'm trading the treasuries and don't feel that $1500 per contract is justified.

 
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  #3 (permalink)
Market Wizard
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phantomtrader View Post
NinjaTrader Brokerage has raised their margins to 2x on the minis, $2000 on the CL and 3x on treasuries indefinitely (as far as I know anyway - no mention in the email about timing).
AMP and Global have rolled back their margins to before BREXIT except for currencies.

Any opinions on this? I have been with Ninja since they opened their brokerage, but still have an account with AMP -
thinking of moving to AMP. I'm trading the treasuries and don't feel that $1500 per contract is justified.

I think it's sensible. Raising the margin requirements means essentially reducing leveraging.

I remember back in Jan 2015 when the SNB removed the floor on EURCHF a lot of people suffered shock losses. Some brokers went bust and some customers lost everything. There were calls to increase margins.

Probably NinjaTrader are acting out of caution in what are volatile markets and uncertain times, I can't blame them.

 
  #4 (permalink)
Elite Member
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xplorer View Post
I think it's sensible. Raising the margin requirements means essentially reducing leveraging.

I remember back in Jan 2015 when the SNB removed the floor on EURCHF a lot of people suffered shock losses. Some brokers went bust and some customers lost everything. There were calls to increase margins.

Probably NinjaTrader are acting out of caution in what are volatile markets and uncertain times, I can't blame them.


If the market crashes and the breakers don't work, then everyone gets hit. I can see putting in a mandatory stop, but again, in a blowout nothing is guaranteed. Three times the margin only means that YOU, the trader, has increased your maximum risk. If you blew your margin at $500 per lot, then you wouldn't be able to trade until you increased your account balance. Now, they're happy to wait until you blow out at $1,500 per contract. I don't see how increasing margins protects anyone. Events like BREXIT don't occur that often - skilled traders will probably do very well in this environment. Scalping the 30 yr this morning was a breeze - bit the bullet and lived with the 3x margin requirement.

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Looks like Ninja reversed their new margin policy and brought original margins back into effect. Glad they did - pain in the you-know-what to switch brokers.

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  #6 (permalink)
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phantomtrader View Post
Looks like Ninja reversed their new margin policy and brought original margins back into effect. Glad they did - pain in the you-know-what to switch brokers.

They laid out the effective period in their announcement. Use the existing thread in the correct forum please.

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