Futures

Powerful tools, specialized service, and great value

  • Available in brokerage and eligible IRAs
  • Trade futures listed on CME, ICE US, and CFE
  • Micro and E-mini contracts now available
  • Support from licensed Futures Specialists

$1.50

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

24/6

hour access to markets3

Get up to $1,000 for a limited time1

Open and fund a new brokerage account with a qualifying deposit by January 31, 2025. Learn how

Terms apply. Use promo code: OFFER24

 

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

Pro-level tools, online or on the go

You can trade on your desktop or mobile device anytime during the 24/6 futures trading sessions with the award-winning Power E*TRADE and Power E*TRADE app.4

  • 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

View all platforms

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

Visit research center

 

Contract specifications

Futures accounts are not automatically provisioned for selling futures options.
To request permission to trade futures options, please call futures customer support at 877-553-8887.

Symbol Product Tick Size Tick Value Trading Hours (ET) Available
in IRA*
Futures Options Months Traded Settlement
/ES E-mini S&P 500 0.25 $12.50 6 p.m.–5:00 p.m. Y Y H,M,U,Z Cash
/MES Micro E-mini S&P 500 0.25 $1.25 6 p.m.–5:00 p.m. Y Y H,M,U,Z Cash
/NQ E-mini Nasdaq 100 0.25 $5.00 6 p.m.–5:00 p.m. Y Y H,M,U,Z Cash
/MNQ Micro E-mini Nasdaq 100 0.25 $0.50 6 p.m.–5:00 p.m. Y Y H,M,U,Z Cash
/YM Mini Dow 1 $5.00 6 p.m.–5:00 p.m. Y Y H,M,U,Z Cash
/MYM Micro E-mini Dow 1 $0.50 6 p.m.–5:00 p.m. N   H,M,U,Z Cash
/RTY E-mini Russell 0.1 $5.00 6 p.m.–5:00 p.m. Y Y H,M,U,Z Cash
/M2K Micro E-mini Russell 2000 0.10 $0.50 6 p.m.–5:00 p.m. Y   H,M,U,Z Cash
/EMD E-mini S&P Midcap 0.1 $10.00 6 p.m.–5:00 p.m. N Y H,M,U,Z Cash
/VX CBOE S&P 500 VIX 0.05 $50.00 6 p.m.–5:00 p.m.
(15 min. trading halt 4:15 p.m.–4:30 p.m)
    ALL Cash
/VXM Mini Cboe Volatility Index  0.05 $5.00 6 p.m.–5:00 p.m.
(15 min. trading halt 4:15 p.m.–4:30 p.m)
    ALL Cash
/NKD Nikkei 225 5 $25.00 6 p.m.–5:15 p.m.     H,M,U,Z Cash
/NIY Nikkei 226 5 $25.00 7 p.m.–5:15 p.m.     H,M,U,Z Cash
/B5 Nano Bloomberg US Large Cap Index Futures 0.01 $1.00 6 p.m.–5:00 p.m.     H,M,U,Z Cash
*Futures trading available in Roth, Traditional, and Rollover IRAs
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded Settlement
/CL Crude Oil WTI* 0.01 $10.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
ALL Physical
/MCL Micro WTI Crude Oil** 0.01 $1.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
ALL Cash
/NG Natural Gas 0.001 $10.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
ALL Cash
/HO Heating Oil 0.0001 $4.20 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
ALL Physical
/BZ Brent Crude Oil 0.01 $10.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
ALL Cash
/RB Gasoline RBOB 0.0001 $4.20 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
ALL Physical
/QG E-mini Natural Gas 0.005 $12.50 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
ALL Cash
/QM E-mini Crude Oil 0.025 $12.50 6 p.m.–5:15 p.m. (Sun–Fri) ALL Cash

* Customers trading in front month crude oil contracts may be subject to heightened margin requirements and possible liquidation

** Micro WTI Crude Oil futures are listed as a monthly contract, expiring the day before the standard counterpart.

Symbol Product Tick Size Tick Value Trading Hours (ET) Available
in IRA*
Months Traded Settlement
/SR3 Three-Month SOFR 0.005 $12.50 6 p.m.–5 p.m.
(Sun–Fri)
N H,M,U,Z Cash
/ZN 10-Year T-note 0’005 $15.63 6 p.m.–5 p.m.
(Sun–Fri)
Y H,M,U,Z Physical
/10Y Micro 10-Year Yield 0.001 $1.00 6 p.m.–5 p.m.
(Sun–Fri)
N H,M,U,Z Cash
/ZF 5-year T-note 0’002 $7.81 6 p.m.–5 p.m.
(Sun–Fri)
  H,M,U,Z Physical
/ZT 2-year T-note 0’002 $15.63 6 p.m.–5 p.m.
(Sun–Fri)
  H,M,U,Z Physical
/ZB 30-year T-bond 0’01 $31.25 6 p.m.–5 p.m.
(Sun–Fri)
Y H,M,U,Z Physical
/UB Ultra T-bond 0’01 $31.25 6 p.m.–5 p.m.
(Sun–Fri)
  H,M,U,Z Physical
/ZQ 30-day Fed Funds 0.005 $20.84 6 p.m.–5 p.m.
(Sun–Fri)
  ALL Cash
*Futures trading available in Roth, Traditional, and Rollover IRAs
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded Settlement
/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 Physical
/HG Copper 0.05 $12.50 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,K,N,U,Z Physical
/SI Silver 0.005 $25.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,K,N,U,Z Physical
/PA Palladium 0.05 $5.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
ALL Physical
/PL Platinum 0.1 $5.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
ALL Physical
/MGC Micro Gold 0.1 $1.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
G,J,M,Q,V,Z Physical
/SIL Micro Silver 0.005 $5.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
F,H,K,N,U,Z Physical
/MHG Micro Copper 0.0005 $1.25 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,K,N,U,Z Cash
/QO E-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 Cash
/QI E-mini Silver 0.001 $1.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,K,N,U,Z Cash
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded Settlement
/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 Physical
/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 Physical
/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 Physical
/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 Physical
/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 Physical
/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 Physical
/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 Physical
/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 Physical
/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 Physical
/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 Physical
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded Settlement
/CC-M Cocoa 0.1 $10.00 4:45 a.m.–1:30 p.m. H,K,N,U,Z Physical
/KC-M Coffee 0.05 $18.75 4:15 a.m.–1:30 p.m. H,K,N,U,Z Physical
/CT-M Cotton 0.1 $5.00 9 p.m.–2:20 p.m. H,K,N,U,Z Physical
/OJ-M Orange Juice 0.05 $7.50 8 a.m.–2 p.m. F,H,K,N,U,X Physical
/SB-M Sugar 0.01 $11.20 3:30 a.m.–1 p.m. H,K,N,U,Z Physical
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded Settlement
/LE Live Cattle 0.025 $10.00 9:30 a.m.–2:05 p.m. Mon-Fri G,J,M,Q,V,Z Physical
/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 Cash
/HE Lean Hog 0.025 $10.00 9:30 a.m.–2:05 p.m. Mon-Fri G,J,M,Q,V,Z Cash
Symbol Product Tick Size Tick Value Trading Hours (ET) Months Traded   Settlement
/6E Euro 0.0001 $12.50 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,M,U,Z   Physical
/6J Japanese Yen 0.0000005 $6.25 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,M,U,Z   Physical
/6A Australian Dollar 0.0001 $10.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,M,U,Z   Physical
/6B British Pound 0.0001 $6.25 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,M,U,Z   Physical
/6C Canadian Dollar 0.0001 $10.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,M,U,Z   Physical
/6S Swiss Franc 0.0001 $12.50 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,M,U,Z   Physical
/6M Mexican Peso 0.0001 $5.00 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,M,U,Z   Physical
/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   Physical
/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   Physical
/M6E Micro Euro/USD 0.0001 $1.25 6 p.m.–5 p.m.
(60 min. trading halt 5 p.m.)
H,M,U,Z   Physical
/M6A Micro AUD/USD 0.0001 $1.00 8 p.m.–5 p.m.
(6 p.m. start on Sunday)
H,M,U,Z   Physical
Symbol Product Tick Size Tick Value Trading Hours (ET) Settlement
/MBT Micro Bitcoin 5 $0.50 6:00 p.m. (Sunday) to 5:00 p.m. Cash
/BTC Bitcoin 5 $25.00 6:00 p.m. (Sunday) to 5:00 p.m. Cash
/ETH Ether 0.25 $12.50 6:00 p.m. (Sunday) to 5:00 p.m. Cash
/MET Micro Ether 0.5 $0.05 6:00 p.m. (Sunday) to 5:00 p.m. Cash

Sweep functionality and global buying power applies to cryptocurrency products.

CRYPTOCURRENCY FUTURES INVOLVE A HIGH LEVEL OF RISK AND MAY NOT BE APPROPRIATE FOR ALL INVESTORS. BEFORE TRADING A CRYPTOCURRENCY 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.

Symbol Product Tick Size Tick Value Trading Hours (ET) Available
in IRA*
Months Traded Settlement
/MES Micro E-mini S&P 500 0.25 $1.25 6 p.m.–5 p.m.
Y H,M,U,Z Cash
/MNQ Micro E-mini Nasdaq 100 0.25 $0.50 6 p.m.–5 p.m.
Y H,M,U,Z Cash
/MYM Micro E-mini Dow 1 $0.50 6 p.m.–5 p.m.
N H,M,U,Z Cash
/M2K Micro E-mini Russell 2000 0.1 $0.50 6 p.m.–5 p.m.
Y H,M,U,Z Cash
/10Y Micro 10 Year Yield 0.001 $1.00 6 p.m.–5 p.m.
N H,M,U,Z Cash
/MCL Micro WTI Crude Oil 0.01 $1.00 6 p.m.–5 p.m.
N ALL Cash
/MGC Micro Gold 0.1 $1.00 6 p.m.–5 p.m.
N G,J,M,Q,V,Z Physical
/SIL Micro Silver 0.005 $5.00 6 p.m.–5 p.m.
N F,H,K,N,U,Z Physical
/MHG Micro Copper 0.0005 $1.25 6 p.m.–5 p.m. N H,K,N,U,Z Cash
/M6E Micro Euro/USD 0.0001 $1.25 6 p.m.–5 p.m.
N H,M,U,Z Physical
/M6A Micro AUD/USD 0.0001 $1.00 6 p.m.–5 p.m.
N H,M,U,Z Physical
/MET Micro Ether 0.5 $0.05 6 p.m.–5 p.m.
N H,M,U,Z Cash
/MBT Micro Bitcoin 5 $0.50 6 p.m.–5 p.m.
N H,M,U,Z Cash
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

To trade futures, you must have a margin-enabled brokerage account or eligible IRA account. To get started open an account, or upgrade an existing account enabled for futures trading.

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.

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

If a futures position is held overnight, customers must margin their futures account with 100% of exchange minimum margin requirements. Futures account intraday margining for all products except Bitcoin is 50% of initial margin requirements. These requirements can be increased at any time.

Eligible futures IRAs are set to 200% of initial requirements, and minimum equity is $25k at all times.6

Get up to $1,000 for a limited time1

Open and fund a new brokerage account with a qualifying deposit by January 31, 2025. Learn how

Terms apply. Use promo code: OFFER24