General
Fee Schedule - Phillip Capital
Phillip Capital's Fee Schedule can be found in the table below. These fees are subject to change. Risk Violation Fee Margin Call Fee $50 Margin Liquidation Fee $25 per contract Phone Orders $25 per contract (plus standard exchange and regulatory ...
EdgeClear's Risk Rules
Intraday Risk Rules (7:30 AM CT - 4:00 PM CT) If the Net Liquidating Value (NLV) (based off the last traded market price) of your account drops below $500, or the NLV falls below 5% of your total Initial Margin value (whichever comes first), the risk ...
What platforms do you recommend?
Ultimately, your choice of platform comes down to personal preference and finding the best solution for each individuals specific trading goals and needs. EdgeClear's own platform, EdgeProX, features exclusive indicators, connectivity to Rithmic, ...
What platforms do you offer?
We have access to the most popular futures trading platforms on the market powered by CQG, Rithmic, CTS, TT, and Sierra Chart Teton. Please visit our site for a comprehensive list of platforms: https://edgeclear.com/trading-platforms/ If you ...
Financial Data for FCMs
Futures commission merchants (FCMs) and retail foreign exchange dealers (RFEDs) must file monthly financial reports with the CFTC's Division of Swap Dealer and Intermediary Oversight (DSIO) within 17 business days after the end of the month. To view ...
What is an FCM?
A Futures Commission 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 ...
Do you charge inactivity fees?
We do not charge inactivity fees to our traders. However, some of our clearing firms will charge an inactivity fee. Please contact your broker to see if your FCM charges any inactivity fees.