8k margin for NQ..

I was going to reopen my account at a broker who is a sponsor here. And was told 6k intraday margin for ES and 8k for NQ.. Yet on their website and their close competitor these are 500 and 1000 respectively.. What's going on?

 

Ask to Speak to the Manager That always clears things up instantly. The customer is always right

 

That used to be the kind of margin% IB required for Intraday margin. I stopped using IB five years ago. So no idea what they require these days for day trading. Probably even more than that.

I just noticed that IB is no longer a sponsor on ET!

 

es min margin at cfe is like 6k. It’s like 2percent of the notional value.

 

NQ today had a small range of 1,800$ range
ATR is 701 pts or 3,500$ range.
8k is sound risk management.
About twice the ATR ...

We might have a 1,600 pts range anytime.

 

Your numbers are way off. NQ had a range >350 pts today, so $7000 per contract.

If the ATR is currently 700pts that's $14000 per NQ

Looks like you confused ticks for pts.

 

AMP NQ intraday is $1000 currently. $34,031 overnight.

 

Oh that’s right.
1 tick is 5$ and 1 point is 20$.
From memory … thanks for clarifying.

 

To speak to the manager,
you have to speak to the AI bot first.
beep beep beep

After many days, you might be able to speak to the human manager.

 

I only trade the micros and noticed as of Sunday night the increase in margin....maybe they know something we don't know. Just prepping for those 7% circuit breaker kind of days.