Do futures regulations stipulate a minimum account balance?

Do futures regulations stipulate a minimum account balance?

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Flux · External communityPost link
External question — Personal Finance Stack Exchange Author: Flux Original post: https://money.stackexchange.com/questions/131920 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I opened a futures trading account at a futures brokerage that requires a $100 minimum deposit. Are these minimum deposits specified by any regulator, or is it up to each broker to set a minimum amount? If it is specified by regulations, could you provide a link to the rules?
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TomTom · External communityPost link
External answer — Personal Finance Stack Exchange Author: TomTom Original post: https://money.stackexchange.com/a/131922 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Are these minimum deposits specified by any regulator "no". The futures regulations contain the minimum required margin for a position. THIS does put in a minimum - if your account is lower than the lowest margin requirement, it can NEVER EVER open a position PER DEFINITION, but this has never been formalized into account requirements. So, it is up to the brokers and I would stay seriously away from a broker that hunts for clients for accounts of 100 USD. This is comically low for anything to do with futures.
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