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The margin requirement is about 3 times the margin requirement for CL. The reason is the contract size
CL: contract value = multiplier x current price = 1000 x $ 110 = $ 110,000
FDAX: contract value = multiplier x current price = 25 x 7,500 € = 187,500 € or $ 280,000
If I assume that you want to trade 2 contracts, you should have an account of at least $ 100,000 to trade FDAX. For CL an account of
$ 40,000 will do. Otherwise FDAX is similar to CL in terms of volatility. However, it is connected to the underlying index, so you will not find the same type of upward spikes as for CL. Also FDAX can be traded in the European morning, where as CL will only show high volatility in the afternoon.
Silver has been a little insane the last two weeks. I think it had a range of 1000 ticks yesterday, almost 700 today. For perspective CL daily range is sitting at 274 right now, Gold 380, Euro 149, Russel 194, Nat Gas, 124. As far as I can tell, it's the most volatile futures market right now. Also, silver has had some nasty unexpected bid ask spreads, and big micro-second spikes. At $25 a tick it'll make even a dead man feel something. That said, its usually one of my favorite markets to trade, but it sure is dangerous these days.
Lately, at least from feb when i started to trade almost esclusively CL and BNR, they both move really well in the EU morning session, and in a more tradable way, less fastest jumps. Who like CL, maybe will like BRN too, it move in the same fashion of CL, and the two are high correlated, BRN often jumps more, ie jumps quickly more ticks, it is good when it goes in your side, but can slip your stop of more ticks of CL.
