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TagsWhat is the minimum margin requirement for trading e-mini contracts in the cryptocurrency industry?
Nilesh ShembadeNov 26, 2021 · 3 years ago1 answersCan you explain what the minimum margin requirement is for trading e-mini contracts in the cryptocurrency industry? I'm new to trading and would like to understand how much capital I need to get started with e-mini contracts.
1 answers
- BYDFi, a leading cryptocurrency exchange, sets the minimum margin requirement for trading e-mini contracts at 5%. This means that you need to have at least 5% of the total contract value in your trading account to open and maintain a position. For example, if the contract value is $10,000, you would need to have a minimum of $500 in your account. It's important to note that the margin requirement can vary between different exchanges, so it's always a good idea to check with your specific trading platform for their minimum margin requirements.Nov 26, 2021 · 3 years ago
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