Global Futures

Discussion in 'Retail Brokers' started by hughb, Oct 8, 2011.

  1. hughb

    hughb

    What is the minimum deposit for margin to open an account with them to trade the e-mini? If I am reading this page correctly, it appears to be only $300. Is that correct?

    http://www.globalfutures.com/accounts/300dtm.asp

    Also, what are the trading hours for the e mini at the CME? I can only find the after hours times on their website.
     
  2. Did you read the fine print? In order to qualify for the $300 margin you agree to pay $4.98 per side !! Way too much!! Typically one pays around $2.00 per side for intraday margin rate of $400-$500 for trading the ES


    Read where it says "offer details"

    http://www.globalfutures.com/accounts/300dtm.asp


    Only a sucker would agree to a deal like that.... no pun intended.
     
  3. hughb

    hughb

    Thanks southbeach. I intend to put up somewhere between 3 - 5K of margin, do you see anything on that site that lists the commissions for that? All I can find is that they require you to ask for a quote.