Margin requirement in futures?

[johnymm]

If I need to put $10,000 initial/maintanence margin in order to open a position - do I need additional $10,000 to close my position later?

10x

 

[MrGecko]

No.

EDIT: This is my 2000th post!

 

[arabianights]

Was gonna add to that answer, but not sure there's anything to add really. But it was important to see my four thousand, three hundred and fifty first non-deleted post.

 

[Adamus]

If I need to put $10,000 initial/maintanence margin in order to open a position - do I need additional $10,000 to close my position later?

10x

No! The broker will give you your $10,000 back plus profits when you close your position. The $10,000 is to ensure you don't run away when you start losing money.

Of course I only posted 723 times, so take my answer with a pinch of salt

 

[pmccandless]

Most brokers also have an intraday margin if you're thinking about daytrading. For instance the initial requirement might be $10k but the intraday margin might only be $2k. I've seen a lot with about a $2k initial and $500 intraday.