Account FAQs

There are two ways to open an account:

1. Online(For Individual U.S. Accounts Only)If you are a U.S. citizen wishing to open an individual account, you may do so by completing our secure and easy Online Account Application.
2. By Mail(For All Account Types)Visit our Apply By Mail/Fax page, select the appropriate account type, then download and print documents. Please complete, sign, and mail documents following instructions. Please include a copy of your Driver’s License or Passport where applicable.

If you need assistance or have any questions, please call 312.800.7000 to speak with an account representative, or contact us by email at ContactUs@advantagefutures.com.

Choose the method that works best for you:

1. By Wire Transfer-
   To send money to Advantage Futures by wire transfer, please call your Advantage Futures client representative for wiring instructions.
2. By Check-
   We accept personal checks, cashier’s checks, and bank checks made payable to Advantage Futures LLC. Please mail all checks, along with your account application, to:
   Advantage Futures
   Attn: New Accounts Department
   141 W. Jackson Blvd
   Suite 3900
   Chicago, IL 60604

You can open an account with an initial minimum deposit of $10,000.00. However, Advantage Futures requires that all accounts be funded appropriately and in accordance with the associated risk.

You can securely transfer money between your Advantage Futures account and an account of the same name at another financial institution by requesting a wire transfer. Please contact your account representative for specific instructions.

Yes. During the application process you will have the opportunity to transfer an account from another firm. Once your account is open, you may consolidate funds at Advantage Futures by completing a Transfer of Account Authorization form. You can find this form in the Supplemental Forms page. Once submitted, account transfers generally take three business days.

Advantage Future’s commissions and fees are based on trading volume and margin utilization. Professional traders may be eligible for lower commissions if they qualify for the Professional Traders Group (PTG) annual commission cap. In addition, your Advantage Futures account representative may be able to assist in lowering your trading costs by identifying membership opportunities that could reduce exchange fees.

To request a copy of our sliding scale commission plan, or to receive more information on pricing, please call 312.800.7000 to speak with an account representative, or contact us by email at ContactUs@advantagefutures.com.

Advantage Futures charges Exchange Minimum Margins, but reserves the rights in our customer agreement to raise those margins at our discretion.

Initial margin is required to open any new position. Any account that subsequently falls below maintenance margin will be required to bring the account back above the level required by the initial margin amount by either: adding funds or decreasing the position until the requirement is met.

You can find all of the forms and applications that you may need on our website. For account application forms please click here, then select which type of account you would like forms for. For any supplemental forms you may need, please click here.

Yes, you may trade in an IRA or other retirement account at Advantage Futures so long as you have a custodial account with a separate trust company. There are several trust companies that specialize in providing custodial services for a range of retirement accounts, and we recommend that you first consult with a tax advisor.

If you need assistance or have any questions, please call 312.800.7000 to speak with an account representative, or contact us by email at ContactUs@advantagefutures.com.

Advantage Futures clients receive statements via email as a PDF file. Statements are usually sent at approximately 8:00 pm CST the same business day.

Yes, Advantage Futures provides clients with access to Internet Inquiry. Internet Inquiry is accessed via our website and provides a near market to market update of your account. You can view transactions, P&L, open positions, and money line balances.

If you know your position and need to exit a trade, you may do so by contacting our 24-hour Global Execution Desk. If you are unclear whether a particular trade has been executed by the exchange, you can contact Advantage Futures or the exchange directly.

Yes, but they must complete a W-8 form and an Appointment as Agent form. In addition, a copy of a valid passport will be required.

Advantage Futures regularly provides educational events and seminars for the benefit of our clients and others in the industry. You can view our upcoming events on our website by clicking here.

If you need assistance or have any questions, please call 312.800.7000 to speak with a client representative, or contact us by email at ContactUs@advantagefutures.com.

Yes. Advantage Futures offers simulated trading on a number of our offered trading platforms. To find information on the trading applications we offer, please click here.

If you wish to begin a simulated trading experience, please contact one of our client representatives by calling 312.800.7000, or email us at ContactUs@advantagefutures.com.

If you need assistance or have any questions, please call 312.800.7000 to speak with a client representative, or contact us by email at ContactUs@advantagefutures.com.