What are the minimums for futures trading?

There are two minimums new futures traders need to know about when they're opening a brokerage account -- the broker minimum and the margin minimum. The broker minimum will vary from institution to institution. Minimums have come down quite a bit in recent years. Some brokers have even removed the minimum deposits required for trading futures.

How do I get approved for futures trading?

Go to Client Services > My Profile > General. Under Elections & Routing, look for Futures, and click Apply. What are the requirements to get approved for futures trading? An account minimum of $1,500 is required for margin accounts. A minimum net liquidation value (NLV) of $25,000 to trade futures in an IRA.

What makes a good futures broker?

Trading in futures requires looking for a broker that offers the highest level of real-time data and quotes, an intuitive trading platform, an abundance of charting and screening tools, technical indicators and a wealth of research — plus the ability to leverage your account with reduced day-trading margin requirements.

What is the minimum deposit at AMP futures?

At AMP Futures, the minimum deposit amount is $100. This means that you have to deposit at least $100 to be able to start trading. After you have completed the registration and verification process, you need to fund your account to start trading. Here's tip: don't worry if you decide to switch brokers after depositing.