Futures

Powerful tools, specialized service, and great value
  • Available in brokerage and eligible IRA accounts
  • Trade futures listed on CME, ICE US, and CFE
  • Now available—XBT-Cboe & BTC-CME Bitcoin Futures
  • Support from licensed Futures Specialists
$1.50

price per contract,2 on futures and options on futures, except for bitcoin futures

24/6

hour access to markets3

Why trade futures?

Trade some of the most liquid contracts, in some of the world's largest markets. Diversify into metals, energies, interest rates, or currencies.

Near around-the-clock trading

Trade 24 hours a day, six days a week3

No pattern day
trading rules

No minimum account value to trade multiple times per day

Ease of going short

No short sale restrictions or hard-to-borrow availability concerns

Capital efficiencies

Control a large amount of notional value with relatively small amount of capital

$

Get up to $600 plus 60 days of commission-free stocks and options trades for deposits and transfers of $10k or more.1 How it works

$

Get up to $600 plus 60 days of commission-free stocks and options trades for deposits and transfers of $10k or more.1 How it works

Pro-level tools, online or on the go

You can now trade on your desktop or mobile device anytime during the 24/6 futures trading sessions with OptionsHouse and OptionsHouse mobile app.

  • Trade futures alongside equities, ETFs, and options on the same platform without moving funds between accounts
  • Use ladders on the web and mobile app to view real-time contract prices and directly trade, cancel, or modify orders
  • Formulate trading strategies with 100+ technical studies and full suite of drawing tools

Feel the pulse of the markets

E*TRADE Futures Research Center is powered by the CME Group—one of the world’s largest futures exchanges.

  • Learn why many sophisticated traders rely on futures, including portfolio diversification, liquidity, leverage, and more
  • See what’s hot with a streaming real-time quotes heatmap
  • Get insights from seasoned professionals on indexes, energies, metals, FX, and interest rates

Contract specifications

Futures account intraday margining for all products except bitcoin is 50% of initial margin requirements. These requirements can be increased at any time.4

Eligible futures IRAs are set to 200% of initial requirements, and minimum equity is $25k at all times.5

Symbol Product Tick Size Tick Value Trading Hours (ET) Available
in IRA*
Months Traded
/ES E-Mini S&P 500 0.25 $12.50 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.–4:30 p.m.) Y H,M,U,Z
/NQ E-Mini Nasdaq 100 0.25 $5.00 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.–4:30 p.m.) Y H,M,U,Z
/YM Mini Dow 1 $5.00 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.– 4:30 p.m.) Y H,M,U,Z
/RTY E-Mini Russell 0.1 $5.00 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.–4:30 p.m.) Y H,M,U,Z
/EMD E-Mini S&P Midcap 0.1 $10.00 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.–4:30 p.m.)   H,M,U,Z
/VX CBOE S&P 500 VIX 0.05 $50.00 9:30 a.m.–4:15 p.m. (EXT 3 a.m. & 4:30 p.m.–5:15 p.m.)   ALL
/NKD Nikkei 225 5 $25.00 6 p.m.–5:15 p.m.   H,M,U,Z
*Futures trading available in Roth, Traditional, and Rollover IRA accounts
Symbol Product Tick Size Tick Value Trading Hours (ET) Available
in IRA*
Months Traded
/CL Crude Oil WTI 0.01 $10.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) Y ALL
/NG Natural Gas 0.001 $10.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) Y ALL
/HO Heating Oil 0.0001 $4.20 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)   ALL
/BZ Brent Crude Oil 0.01 $10.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) Y ALL
/RB Gasoline RBOB 0.0001 $4.20 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)   ALL
/QG E-mini Natual Gas 0.005 $12.50 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)   ALL
/QM E-mini Crude Oil 0.025 $12.50 6 p.m.–5:15 p.m. (Sun–Fri) Y ALL
*Futures trading available in Roth, Traditional, and Rollover IRA accounts
Symbol Product Tick Size Tick Value Trading Hours (ET) Available
in IRA*
Months Traded
/GE Eurodollar 0.005 $12.50 6 p.m.–5 p.m. (Sun–Fri)   H,M,U,Z
/ZN 10-Year T-note 0’005 $15.63 6 p.m.–5 p.m. (Sun–Fri) Y H,M,U,Z
/ZF 5-year T-note 0’002 $7.81 6 p.m.–5 p.m. (Sun–Fri)   H,M,U,Z
/ZT 2-year T-note 0’002 $15.63 6 p.m.–5 p.m. (Sun–Fri)   H,M,U,Z
/ZB 30-year T-bond 0’01 $31.25 6 p.m.–5 p.m. (Sun–Fri) Y H,M,U,Z
/UB Ultra T-bond 0’01 $31.25 6 p.m.–5 p.m. (Sun–Fri)   H,M,U,Z
/ZQ 30-day Fed Funds 0.005 $20.84 6 p.m.–5 p.m. (Sun–Fri)   ALL
*Futures trading available in Roth, Traditional, and Rollover IRA accounts
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded
/GC Gold 0.1 $10.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) G,J,M,Q,V,Z
/HG Copper 0.05 $12.50 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,K,N,U,Z
/SI Silver 0.005 $25.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,K,N,U,Z
/PA Palladium 0.05 $5.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) ALL
/PL Platinum 0.1 $5.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) ALL
/QO Mini- Gold 0.1 $3.32 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) G,J,M,Q,V,Z
/SIL Mini- Silver 0.001 $1.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,K,N,U,Z
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded
/ZC Corn 0.25 $12.50 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
H,K,N,U,Z
/ZS Soybeans 0.25 $12.50 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
F,H,K,N,Q,U,X
/ZW Wheat 0.25 $12.50 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
H,K,N,U,Z
/KE Kansas City Wheat 0.25 $12.50 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
H,K,N,U,Z
/ZL Soybean Oil 0.01 $6.00 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
F,H,K,N,Q,U,V,Z
/ZM Soybean Meal 0.1 $10.00 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
F,H,K,N,Q,U,V,Z
/ZO Oats 0.25 $12.50 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
H,K,N,U,Z
/XC Mini Corn 0.125 $1.25 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
H,K,N,U,Z
/XK Mini Soybeans 0.125 $1.25 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
F,H,K,N,Q,U,X
/XW Mini Wheat 0.125 $1.25 Sun-Fri 8 p.m.–8:45 a.m. and
Mon-Fri, 9:30 a.m.–2:20 p.m.
H,K,N,U,Z
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded
/CC-M Cocoa 0.1 $10.00 4:45 a.m.–1:30 p.m. H,K,N,U,Z
/KC-M Coffee 0.05 $18.75 4:15 a.m.–1:30 p.m. H,K,N,U,Z
/CT-M Cotton 0.1 $5.00 9 p.m.–2:20 p.m. H,K,N,U,Z
/OJ-M Orange Juice 0.05 $7.50 8 a.m.–2 p.m. F,H,K,N,U,X
/SB-M Sugar 0.01 $11.20 3:30 a.m.–1 p.m. H,K,N,U,Z
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded
/LE Live Cattle 0.025 $10.00 9:30 a.m.–2:05 p.m. Mon-Fri G,J,M,Q,V,Z
/GF Feeder Cattle 0.025 $12.50 9:30 a.m.–2:05 p.m. Mon-Fri F,H,J,K,Q,U,V,X
/HE Lean Hog 0.025 $10.00 9:30 a.m.–2:05 p.m. Mon-Fri G,J,M,Q,V,Z
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded  
/6E Euro 0.0001 $12.50 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,M,U,Z  
/6J Japanese Yen 0.0000005 $6.25 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,M,U,Z  
/6A Australian Dollar 0.0001 $10.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,M,U,Z  
/6B British Pound 0.0001 $6.25 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,M,U,Z  
/6C Canadian Dollar 0.0001 $10.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,M,U,Z  
/6S Swiss Franc 0.0001 $12.50 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,M,U,Z  
/6M Mexican Peso 0.0001 $5.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,M,U,Z  
/6N New Zealand Dollar 0.0001 $10.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.) H,M,U,Z  
/DX-M U.S. Dollar 0.005 $5.00 8 p.m.–5 p.m. (6 p.m. start on Sunday) H,M,U,Z  
Symbol Product Tick Size Tick Value Trading Hours (ET)
/XBT Cboe Bitcoin Futures (USD)* 10 $10.00

6:00 p.m. (Sunday) to 4:15 p.m.

(15 min trading halt 4:15- 4:30 p.m.)

/BTC CME Bitcoin Futures (USD) 5 $25.00 6:00 p.m. (Sunday) to 5:00 p.m.
  • Your futures account must be prefunded to trade bitcoin futures
  • Sweep functionality and global buying power is disabled between futures and brokerage accounts
  • To begin activation, please contact our Futures Specialists at (877) 553-8887

*Trading XBT-Cboe Bitcoin Futures requires signing the CFE market data agreement

BITCOIN FUTURES INVOLVE A HIGH LEVEL OF RISK AND MAY NOT BE APPROPRIATE FOR ALL INVESTORS. BEFORE TRADING A BITCOIN FUTURES PRODUCT, YOU SHOULD CAREFULLY CONSIDER YOUR RISK TOLERANCE AND YOUR WILLINGNESS AND FINANCIAL ABILITY TO SUSTAIN LOSSES.  PLEASE VISIT NFA AND CFTC FOR ADDITIONAL INFORMATION REGARDING THE RISKS RELATING TO THESE PRODUCTS.

Month codes

Code Month
F January
G February
H March
J April
K May
M June
N July
Q August
U September
V October
X November
Z December
Contact us anytime during futures market hours
Licensed Futures Specialists

Call us at 877-553-8887

Frequently asked questions

See all FAQs

What are the requirements to open a futures account?

To trade futures, you must have a margin-enabled brokerage account or eligible IRA account.

How does funding an Automated Money Movement work in my futures account?

If your linked margin brokerage account already has sufficient funds, there is no need to make additional transfers to separately fund futures trading. The minimum margin requirement for futures positions held overnight will be automatically transferred to your E*TRADE futures account, including commission and fees, and any deficiency funds required to satisfy margin calls. Conversely, any excess margin and available cash will be automatically transferred back to your margin brokerage account where SIPC protection is available.

Please note: The above applies only to linked margin brokerage accounts at E*TRADE. For unlinked E*TRADE accounts, there is no automatic transfer of minimum margin requirements or deficiency funding. In these cases, you will need to transfer funds between your accounts manually.

Are there any fees to receive live quotes for futures?

E*TRADE currently absorbs all CME Group quote fees for clients. ICE U.S. and CFE are passed through to clients.