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6C margins below $500?


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6C margins below $500?

  #1 (permalink)
 
Joshua1984's Avatar
 Joshua1984 
Montreal, Quebec/Canada
 
Experience: Intermediate
Platform: Ensign, IB, Sierra Chart, Ninjatrader, Multicharts
Trading: CL, Stocks, 6C
Posts: 21 since Mar 2011
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Not sure if it is possibel to get margin below $500 for 6C (Canadian dollar) but if anyone knows and leads let me know! Thanks.

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  #3 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011


$358 intraday.

Deep Discount Futures Trading Commodity Brokers Best Low Rates Cheap Commissions High Frequency Systems Exchange Members

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 Joshua1984 
Montreal, Quebec/Canada
 
Experience: Intermediate
Platform: Ensign, IB, Sierra Chart, Ninjatrader, Multicharts
Trading: CL, Stocks, 6C
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Thanks, I was unaware of this broker!

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 CannonTrading   is a Vendor
 
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Joshua1984 View Post
Not sure if it is possibel to get margin below $500 for 6C (Canadian dollar) but if anyone knows and leads let me know! Thanks.

Here at Cannon we can offer margins on the 6C for as low as $253.00. Do you have a platform in mind you would like to use?

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
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 SMCJB 
Houston TX
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Experience: Advanced
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Joshua1984 View Post
Not sure if it is possibel to get margin below $500 for 6C (Canadian dollar) but if anyone knows and leads let me know! Thanks.

Intraday - Yes
Overnight - No
In my experience intraday leverage is very broker-customer specific. Very different for somebody with real assets at a broker they have traded with for years, versus somebody opening a new account with minimal assets. I've heard of people being allowed to day-trade with just 10% of the overnight/exchange margin requirement, but not something I have done myself.

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