Futures

Powerful tools, specialized service, and great value
  • Trade futures listed on CME, ICE US, and CFE
  • Integrated mobile and web futures trading
  • Support from licensed Futures Specialists
$1.50

price per contract,2 on futures and options on 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 of $10k or more.1 How it works
$
Get up to $600 plus 60 days of commission-free stocks and options trades for deposits 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
  • View real-time contract prices and market depth in ladders, then trade, cancel, or modify orders with a click
  • 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

Intraday margining is set to 50% of initial margin requirements.4

Last updated: 12/11/2017

Symbol Product Tick Size Tick Value Margin Req Trading Hours (ET)
/ES E-Mini S&P 500 0.25 $12.50 $4,950.00 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.–4:30 p.m.)
/NQ E-Mini Nasdaq 100 0.25 $5.00 $4,950.00 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.–4:30 p.m.)
/YM Mini Dow 1 $5.00 $3,685.00 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.– 4:30 p.m.)
/RTY E-Mini Russell 0.1 $5.00 $3,245.00 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.–4:30 p.m.)
/EMD E-Mini S&P Midcap 0.1 $10.00 $6,600.00 6 p.m.–5:00 p.m. (15 min. trading halt 4:15 p.m.–4:30 p.m.)
/VX CBOE S&P 500 VIX 0.05 $50.00 $6,215.00 9:30 a.m.–4:15 p.m. (EXT 3 a.m. & 4:30 p.m.–5:15 p.m.)
/NKD Nikkei 225 5 $25.00 $4,290.00 6 p.m.–5:15 p.m.
Contact us anytime during futures market hours
Licensed Futures Specialists

Call us at 877-553-8887

Email us at futures.support@etrade.com

Symbol Product Tick Size Tick Value Margin Req Trading Hours (ET)
/CL Crude Oil WTI 0.01 $10.00 $2,310.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/NG Natural Gas 0.001 $10.00 $2,420.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/HO Heating Oil 0.0001 $4.20 $3,410.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/BZ Brent Crude Oil 0.01 $10.00 $2,530.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/RB Gasoline RBOB 0.0001 $4.20 $4,125.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/QG E-mini Natual Gas 0.005 $12.50 $605.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/QM E-mini Crude Oil 0.025 $12.50 $1,155.00 6 p.m.–5:15 p.m. (Sun–Fri)
Symbol Product Tick Size Tick Value Margin Req Trading Hours (ET)
/GE Eurodollar 0.005 $12.50 $165.00 6 p.m.–5 p.m. (Sun–Fri)
/ZN 10-Year T-note 0’005 $15.63 $1,155.00 6 p.m.–5 p.m. (Sun–Fri)
/ZF 5-year T-note 0’002 $7.81 $688.00 6 p.m.–5 p.m. (Sun–Fri)
/ZT 2-year T-note 0’002 $15.63 $473.00 6 p.m.–5 p.m. (Sun–Fri)
/ZB 30-year T-bond 0’01 $31.25 $2,970.00 6 p.m.–5 p.m. (Sun–Fri)
/UB Ultra T-bond 0’01 $31.25 $4,070.00 6 p.m.–5 p.m. (Sun–Fri)
/ZQ 30-day Fed Funds 0.005 $20.84 $225.00 6 p.m.–5 p.m. (Sun–Fri)
Symbol Product Tick Size Tick Value Margin Req Trading Hours (ET)
/GC Gold 0.1 $10.00 $5,390.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/HG Copper 0.05 $12.50 $3,465.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/SI Silver 0.005 $25.00 $6,490.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/PA Palladium 0.05 $5.00 $13,420.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/PL Platinum 0.1 $5.00 $1,925.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/QO Mini- Gold 0.1 $3.32 $1,595.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/SIL Mini- Silver 0.001 $1.00 $1,430.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
Symbol Product Tick Size Tick Value Margin Req Trading Hours (ET)
/ZC Corn 0.25 $12.50 $825.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
/ZS Soybeans 0.25 $12.50 $2,090.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
/ZW Wheat 0.25 $12.50 $1,210.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
/KE Kansas City Wheat 0.25 $12.50 $1,155.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
/ZL Soybean Oil 0.01 $6.00 $798.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
/ZM Soybean Meal 0.1 $10.00 $1,540.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
/ZO Oats 0.25 $12.50 $798.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
/XC Mini Corn 0.125 $1.25 $165.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
/XK Mini Soybeans 0.125 $1.25 $418.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
/XW Mini Wheat 0.125 $1.25 $242.00 Sun-Fri 8 p.m.–8:45 a.m. and Mon-Fri, 9:30 a.m.–2:20 p.m.
Symbol Product Tick Size Tick Value Margin Req Trading Hours (ET)
/CC-M Cocoa 0.1 $10.00 $1,595.00 4:45 a.m.–1:30 p.m.
/KC-M Coffee 0.05 $18.75 $2,310.00 4:15 a.m.–1:30 p.m.
/CT-M Cotton 0.1 $5.00 $2,200.00 9 p.m.–2:20 p.m.
/OJ-M Orange Juice 0.05 $7.50 $1,761.00 8 a.m.–2 p.m.
/SB-M Sugar 0.01 $11.20 $1,048.00 3:30 a.m.–1 p.m.
Symbol Product Tick Size Tick Value Margin Req Trading Hours (ET)
/LE Live Cattle 0.025 $10.00 $1,650.00 9:30 a.m.–2:05 p.m. Mon-Fri
/GF Feeder Cattle 0.025 $12.50 $3,080.00 9:30 a.m.–2:05 p.m. Mon-Fri
/HE Lean Hog 0.025 $10.00 $1,320.00 9:30 a.m.–2:05 p.m. Mon-Fri
Symbol Product Tick Size Tick Value Margin Req Trading Hours (ET)
/6E Euro 0.0001 $12.50 $2,310.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/6J Japanese Yen 0.0000005 $6.25 $2,750.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/6A Australian Dollar 0.0001 $10.00 $1,595.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/6B British Pound 0.0001 $6.25 $1,980.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/6C Canadian Dollar 0.0001 $10.00 $1,210.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/6S Swiss Franc 0.0001 $12.50 $2,970.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/6M Mexican Peso 0.0001 $5.00 $1,210.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/6N New Zealand Dollar 0.0001 $10.00 $1,650.00 6 p.m.–5 p.m. (60 min. trading halt 5 p.m.)
/DX-M U.S. Dollar 0.005 $5.00 $1,980.00 8 p.m.–5 p.m. (6 p.m. start on Sunday)

Frequently asked questions

See all FAQs

What are the requirements to open a futures account?

To trade futures, you must open (or already have) a Margin brokerage account

Why do I need a margin brokerage account to trade futures?

E*TRADE takes the protection of your assets very seriously. In order to ensure we are providing our customers with available financial safeguards, the Firm will only keep assets in the Futures account that are needed to satisfy the margin requirement of an existing futures position. Funds not required for futures margin will be automatically moved back to your linked margin brokerage account where they are given SIPC protection or FDIC insurance.

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.