Go to http://www.google.com Type futures brokers and you can see for yourself. Nobody knows all the futures brokers everybody is sampling only a portion.
lol, 3.3k is too high? trading oil is one of the toughest, and you want low margins, hahaha. post when you blew your account.
Increase, unless you've graduated to super futures trader over the past few weeks do NOT touch the CL. The Oil market is <b>easily</b> one of the hardest markets to trade. To add fuel to the fire, you are looking for the lowest margined broker available. For the record, it's probably Global Futures but if you try and trade that monster you'll blow up fast! It's you vs. Exxon Mobil, BP Amoco, and the likes, in this market. Good Luck. You'll need a lot of it.
Here you go. $1,650 for intra-day contracts. This is probably for the QM. The QM is $500 per point, the CL $1000. The spreads are not bad on the QM during regular trading sessions. You can use limits or stop limits to manage the fluctuations in the spread. It's actually more difficult to manage the spread getting out than it is getting in. http://www.globalfutures.com/margins/margins.asp Oh, and....if you use stops while day trading this....they can actually get hit even if the market doesn't actually trade there. Tight stops on this instrument guarantee you'll lose quick. <b>It's not for beginners.</b>