Crude oil is one of the most popularly traded commodity futures contracts. The crude market is known for being especially active. Notorious with investors around the world, crude oil prices experience large fluctuations on seemingly any news regarding pricing, making it a prized instrument for swing and day traders looking for heavy price action. Despite […]
The E-Mini futures have become one of the staple methods of day trading over the years due to nearly round-the-clock trading hours, low margin requirements and healthy levels of volatility and liquidity. Although there are many E-mini contracts, E-mini is typically the abbreviation of the E-Mini S&P 500 futures contract. It was the first E-mini […]
Please see below for the Preliminary Contract Specifications of the new Micro E-Mini Futures being launched by CME Group on May 6th. For more information, see our previous article covering the subject. Micro E-Mini S&P 500 Micro E-Mini Nasdaq-100 Micro E-Mini Russell 2000 Micro E-Mini Dow Contract Size $5 x S&P 500 Index $2 x Nasdaq-100 Index […]
An expanded offering, a smaller-sized contract. The CME Group just recently announced their plans to launch Micro E-Mini Futures contracts. Micro E-Mini futures fit seamlessly within our current product suite and give all traders a simple way to access the equity index futures markets. At 1/10th the size of a classic E-Mini contract, Micro E-minis […]
One of the biggest costs to high volume and frequency traders is the per contract exchange fee that is charged by the exchange. Many of these traders are unaware that they can receive reduced clearing fees by becoming an exchange member, or leasing a seat at the CME. Exchange memberships enable customers to trade specific […]
Which trading platforms are available to me? Ironbeam offers many trading platforms. Visit our platform page to view your options. If there is a platform that you are interested in that is not listed on our platform page, call our help desk to check availability. Ironbeam is compatible with many platforms that are not listed on our […]
What exchanges are currently supported by Ironbeam? We offer trading on the following exchanges: -Chicago Mercantile Exchange (CME) -Coinbase Derivatives -Chicago Board of Trade (CBOT) -New York Mercantile Exchange (NYMEX) -Commodity Exchange Inc. (COMEX) -ICE Futures US -ICE Futures Europe -EUREX Do you offer options trading? Yes, of course. During what hours can I trade? […]
How can I deposit funds into my trading account? There are three ways to deposit funds into your account. You can send a wire from your bank, mail us a check, or initiate an ACH transfer from within your online account portal. What is the fastest way to fund my account? Bank Wires are the […]
What are the margin requirements for trading? Margin requirements are set by the respective exchanges, and fluctuate daily. If you are using the Ironbeam trading platform, you can find the exchange initial and maintenance margin requirements under the symbol information section. If you are using a 3rd party trading platform, you may also be able to […]
What kinds of service fees are associated with having an account? We don’t charge any fees for simply having an account with us, however there are fees charged for certain services. See below for some of the commonly asked about fees: -Wire Transfer In: No Charge -Wire Transfer Out (Domestic): $40 -Wire Transfer Out (International): […]
