Actually, overnight margin on EuroFX futures is 2.498 $ with Man Financial; half of this for daytrading. As the contract size is 125,000 EUR and it trades at about 1.19 that makes one futures contract worth about 148,750 $. That makes overnight margin just 1,68%. PLUSES for futures: availbility of options, trades in exchange with regulated environment and publicly disclosed prices, smaller or even bid/ask spread. PLUSES for FX: allows smaller trading size.
thanks a lot everyone for posting on my thread, you gave me a much better perspective of this stuff. My main question is this though, can i switch from trading eminis to forex trading without losing a step? can i just jump into it and if i'm profitable with eminis, can i use the same strategies and same experiences i had with eminis, on forex trading?