I'm a young guy who wants to trade index futures like the S&P E-mini. Am I eligible?
Currently, I do not have a high liquid net worth or an annual income that exceeds $40,000. I'm 21 years old, and I have tried to open accounts at a couple of futures brokers. However, no one will open an account because they put requirements on income and net worth on the site that I can't meet.
Are these federal requirements, or company specific? And how can I trade Eminis with my age and income?
Currently, I do not have a high liquid net worth or an annual income that exceeds $40,000. I'm 21 years old, and I have tried to open accounts at a couple of futures brokers. However, no one will open an account because they put requirements on income and net worth on the site that I can't meet.
Are these federal requirements, or company specific? And how can I trade Eminis with my age and income?