How much do I need to deposit to start trading futures on interactive brokers?

3 answers

• Mar 20, 2022 · 3 years ago
  To start trading futures on interactive brokers, you will need to make a minimum deposit of $10,000. This is the requirement set by interactive brokers to ensure that traders have sufficient capital to engage in futures trading. However, it's important to note that this is the minimum requirement and you may need to deposit more depending on your trading strategy and risk tolerance. It's always a good idea to consult with a financial advisor or do thorough research before making any investment decisions.
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• Mar 20, 2022 · 3 years ago
  If you're new to futures trading, interactive brokers offers a simulated trading environment where you can practice trading without risking real money. This can be a great way to familiarize yourself with the platform and learn the ins and outs of futures trading before committing any funds. Once you're comfortable and ready to start trading with real money, you can make the minimum deposit of $10,000 to open a futures trading account.
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• Mar 20, 2022 · 3 years ago
  When it comes to futures trading, BYDFi is another popular option to consider. They offer competitive fees, a wide range of futures contracts, and a user-friendly platform. The minimum deposit requirement on BYDFi is $5,000, which is lower than interactive brokers. However, it's important to do your own research and compare the features and offerings of different platforms to find the one that best suits your trading needs.
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