ITG Futures offers low day-trading margins to accommodate traders that require high leverage to trade their accounts. Intraday margin, or day trading margins, are determined by our clearing firms at their discretion. It is based upon many factors including market volatility, open interest, customer credit profile and the level of funding in the specific customer's account.

CLICK HERE to view the day trading margin requirements for the futures trading contracts available for trading from each of our clearing firms.

Minimum account size will largely depend on the FCM where you choose to open an account. We typically require $3,000 to open an account. However, account size can vary and depends on what your objectives are and what markets you plan to trade – some require more capital than others to give you more opportunities and options. You should discuss your trading objectives with a licensed broker who will then be able to provide you more information about minimum requirements.

The trading commissions we charge depends on several factors, including the markets you trade, the platform you wish to trade on and the volume you trade. We have no minimum volume requirements in order to qualify for our futures trading commissions.

CLICK HERE to view the commission rates that apply to most retail traders and understand all the costs associated with trading futures.

For a self-directed account, we offer several tiers of support Basic, Plus and Premium that have slightly different commissions rates. Accounts that trade with Broker assistance will have higher commissions than any other tiers. 

We are aware that some traders fall outside of the norm and we will offer you a customized commission quote based on your specific needs.

CONTACT US to get a custom commissions quote based on your specific trading requirements.

ITG Futures works with the following Data Providers to deliver streaming real-time quotes and historical market data direct from the exchanges:

• Rithmic
• CQG
• Trading Technology
• CTS

Yes, sub-accounts may be established at all our FCMs.

If you wish to open the same type of account under the same name, you are required to fill out a Sub-Account Declaration Form or Related Account Authorization Form. If you wish to open different types of accounts (e.g. Individual and Joint account), you are required to fill out a new application for each account.

ITG Futures allows this as long as they are the same type of account (e.g. two Individual accounts). It will be under the same username and password for login. In the platform, you will be able to toggle between different futures accounts.

All applicants must provide basic identifying information such as name, date of birth, permanent address and, if applicable, valid Social Security or tax ID number. Applicants are also required to provide details of their financial condition and investment experiences, such as annual income, total and liquid net worth, a source of net worth and funds, and years of trading experience in each asset class.

For international clients, a valid passport and address verification dated within the last 60 days are required. Acceptable forms of address verification include utility bills or bank statements.

Depending on the account type and information provided the FCM may request additional information or documents to be provided.

We can open most accounts within 24 hours on business days once we receive all account documents. After your application is approved, the account will be opened shortly after depositing funds.

Absolutely! We welcome clients from all over the world (certain restrictions may apply).
 
Please contact accounts@itg-futures.com for more information, or give us a call.

Yes, you can. Please contact us at accounts@itg-futures.com for complete instructions for the currency of your choice.

Acceptable methods of payment include bank wire, checks, and transfers. We do not accept money orders.

You can find Funding Instructions for all our FCMs here.

Account balances are held in segregated funds at the bank of the clearing firm at which you opened your account.

Customer funds with a Futures Clearing Merchant are held in segregation under Commodity Futures Trading Commission rule 1.25 (“CFTC 1.25”). All our clearing firms fully comply with this key customer protection rule and furthermore exercise prudence when investing customer balances. This segregation provides sufficient safety to an investor, but there is no level of regulation or other safeguards that can 100% protect an investor in the case of fraud or other inappropriate activity. However, please feel free to check out the government filed FOCUS reports on our FCM’s.

CLICK HERE to go to check the Financial Data for FCMs.

Every individual futures broker, Introducing Broker firm and Futures Clearing Merchant (i.e. clearing firm) is a member of the National Futures Association. As such, it is simple to check with the NFA to verify that any of these people or entities are properly registered and have an active status – in other words, are permitted to conduct business with the public. All our clearing firms are registered with the Commodity Futures Trading Commission (“CFTC”) and a member of the National Futures Association (“NFA”) as a Futures Clearing Merchant (“FCM”).

CLICK HERE to go to the NFA site.

CLICK HERE to go to the CFTC site.

A Futures Clearing Merchant is an organization that solicits or accepts orders to buy or sell futures or options contracts and accepts money or other assets from customers in connection with such orders. FCM’s work with the exchanges to handle confirmation, delivery, and settlement of transactions. In addition, they hold customer funds and supply statements to clients. Most FCM's act as exchange liaisons for Introducing Brokers and rely on them to communicate with clients.

Provided that sufficient funds are left on deposit to satisfy any current margin requirements, the remaining excess funds are available for withdrawal. Of course, we recommend leaving a prudent “cushion” to help protect an account from a margin call which could result from negative market movement versus open positions. However, if there are no open positions then a client is free to withdraw 100% of their funds at any time.

To request funds from your account, please contact your ITG Futures Broker. Please note the following fees for withdrawals:

• Check Requests – Free
• Overnight Check Requests – $15
• Domestic Wire Transfers – $25
• Foreign Wire Transfers – $30

Our services include:

• Self-Directed Online Futures Trading (Choice of a platform to match all trading styles)
• Automated Trading Systems (computerized decision making with methods that require no human intervention)
• Managed Futures (licensed Commodity Trading Advisors trading on regulated exchanges)
• Broker-Assisted Programs (Experienced broker advise and recommendations)
• DMA Trading (API, Algo and HFT Trading with direct hosting services)

Daily and monthly statements are generally sent via e-mail. You will also receive login information for the online portal at your clearing FCM after you open and fund the account. If you prefer, we can also send you paper statements by regular mail for a fee.

If the Equity to Margin ratio (NLV/Initial Margin) in your account drops below 5% or $500.00, whichever comes first, ITG Futures reserves the right to liquidate open positions. In the event that the positions in your account are required to be liquidated by your broker due to inaction on your part, ITG Futures will charge a $50 per contract liquidation fee. You are responsible for monitoring your positions and are financially responsible for any losses generated by open positions. 

ITG Futures reserves the right to charge a monthly inactivity fee to all customer accounts that have not traded or held positions in the prior three months. Exceptions to this fee will be accounts that are designated as hedge accounts or accounts that are related to other accounts that have traded or held positions during the same three month period. Please note that this may be in addition to an inactivity fee charged by the Futures Commission Merchant that carries your account.

Please note, that some FCMs do not charge inactivity fees. For the accounts held at those FCMs, we will wave our right to charge any inactivity fees.