Well if you think IB is expensive, try TOS. I get to pay >7500 to trade crude. 4k to trade TF. And they just reduced that from 5500. And >5600 To trade ES. Cap it off with a $7 Round trip commision But nonetheless, money is still being made.
Whats the difference between trading 1 contract on 7500 margin and trading 1 contract on $500 margin? Your mother.
you ask a question too complicated for ET members good question though , lets see if anyone here can understand the basics no wonder so many of you are poor
I was with IB for a long time until I saw the light Research Mirus Futures, 500 per car top notch broker
Interesting. Their site indeed says that they have a day trading margin of 500$, whereas the overnight margins are set by the exchange. But aren't all margins set by the exchange? check the CME requirements How can they give margins that are less than these?
the part that tells me where to find some info about that on the site. Thanks, it took me a while but I got it. They also seem to be fairly platform independent. I'll keep it in mind.