Accounts, funding levels and eligibility
Sections ↑Edge Clear is a US introducing broker for exchange-traded futures. It arranges accounts with several carrying FCMs and combines that choice with a trading platform and data connection. The selected FCM’s agreement determines custody, deposits and important trading limits.[4][2]
Reference table01
Published funding figures in context
| Attribute | General Micro account | General standard futures account | Barchart partner route | Sierra 100 at Ironbeam | Canadian residents |
|---|---|---|---|---|---|
| Amount | USD 1,500 | USD 5,000 | From USD 500 | USD 100 | USD 1,500 Micros / USD 5,000 minisSource 3Source 9Source 10Source 7 |
| What the amount means | Recommended account size; not a universal minimum for every offer. | Recommended account size; overnight margin can require more. | Advertised starting funding; a six-month CME top-of-book data offer is separate from cash or trading credit. | Special funded account for Sierra non-professional CME data qualification; not a general-purpose trading minimum. | The Canada policy states required minimums and offers Phillip Capital or Ironbeam; residence and account approval still apply.Source 3Source 9Source 10Source 7 |
Account comparison02
Legal account choices
| Account | Application requirements |
|---|---|
| Individual or joint | Identity and tax/residence information for applicants. Non-US applications can require additional identification and address evidence.Source 5 |
| Company, partnership or LLC | Formation and operating documents; authorised traders and material owners must be identified. Foreign-company documents require certified English translations.Source 5 |
| US trust | Trust instrument authorising futures/options and trustee identification. Other trust structures require a route-specific review.Source 5 |
| IRA | The documented process uses Midland as custodian; it approves and countersigns the FCM application and handles funding.Source 8 |
| Managed futures | A separate limited power of attorney and CTA paperwork establish the manager’s authority.Source 5 |
Process03
Opening process
| Step | What to prepare |
|---|---|
| Select the carrying account | Choose among Phillip Capital, Ironbeam, Dorman Trading and Plus500 US Financial Services, subject to eligibility and platform compatibility.Source 4Source 6 |
| Agree the setup | Obtain the contract commission, connection/data charges and day-margin terms before committing to a platform subscription.Source 12Source 14 |
| Complete additional checks | Applicants employed by specified financial institutions may need employer consent. Entity forms require documents appropriate to their legal structure.Source 5 |
| Fund the approved FCM account | Use its exact portal and instructions. Deposit and withdrawal rules differ between the four firms.Source 6Source 17 |
Markets and meaningful contract choices
Sections ↑Specifications04
Representative exchange-traded contracts
| Contract | Economic size | Outright tick value |
|---|---|---|
| MES — Micro S&P 500 | USD 5 × index | 0.25 point = USD 1.25Source 36 |
| MNQ — Micro Nasdaq-100 | USD 2 × index | 0.25 point = USD 0.50Source 36 |
| MGC — Micro Gold | 10 troy ounces | USD 0.10/oz = USD 1.00Source 38 |
| MCL — Micro WTI crude | 100 barrels | USD 0.01/barrel = USD 1.00Source 39 |
| 6E — Euro FX | EUR 125,000 | USD 0.00005/EUR = USD 6.25Source 37 |
Availability05
Broader published market coverage
| Group | Examples and access limits |
|---|---|
| Indices, commodities and currencies | Standard and Micro stock indices, energy, metals, agriculture, interest rates and FX futures appear in the contract schedule.Source 13 |
| Crypto derivatives | The Micro tariff names Bitcoin, Ether, Solana and XRP futures. These are listed contracts rather than ownership of a cryptocurrency wallet.Source 11 |
| International markets | The specifications also include non-US contracts; the FCM, feed and exchange permissions determine which can be enabled.Source 13 |
Contract prices, recurring fees and subscriptions
Sections ↑Pricing & charges06
Broker-advertised Micro transaction prices in USD
| Contract | Commission / side | Exchange + NFA / side | Routing / side | Total / side |
|---|---|---|---|---|
| MES / MNQ / MYM / M2K | 0.22 | 0.37 | 0.10 | 0.69Source 11 |
| MCL — Micro WTI | 0.44 | 0.52 | 0.10 | 1.06Source 11 |
| MGC — Micro Gold | 0.44 | 0.62 | 0.10 | 1.16Source 11 |
| MET — Micro Ether | 0.50 | 0.12 | 0.10 | 0.72Source 11 |
| MBT — Micro Bitcoin | 0.50 | 1.17 | 0.10 | 1.77Source 11 |
| MSL / MXP — Micro Solana / XRP | 1.00 | 1.17 | 0.10 | 2.27Source 11 |
For an ordinary non-member Globex trade in a CME-listed Micro E-mini index future such as MES, CME’s 1 October schedule lists USD 0.35 per side. NFA’s assessment is USD 0.01 per side from 1 July 2026. Together that is USD 0.36, compared with USD 0.37 in EdgeClear’s combined column. The broker page does not explain the difference. Obtain an itemised current FCM quote or statement; the published totals should not be silently recalculated as though every other component had been confirmed.[43][42][11]
Pricing & charges07
Standard contracts and recurring access costs
| Item | Published basis |
|---|---|
| Standard-contract commission | Individual quote based on activity, capital and connection; monthly contract sides are the volume measure.Source 12 |
| Rithmic | USD 20/month access plus the published USD 0.10 transaction charge per contract per side. R Trader Pro is included.Source 22 |
| CTS | USD 10/month API charge; confirm platform and transaction charges for the selected route.Source 23 |
| Sierra Teton via Ironbeam | Zero API fee and zero order-routing fee under the documented arrangement; brokerage, exchange, NFA, Sierra and data costs remain relevant.Source 10 |
| Exchange market data | Quote by exchange, depth, feed and professional status. The public knowledge-base matrix contains older provider tariffs and is not a reliable single current total.Source 24 |
| Broker inactivity | Edge Clear states it charges no inactivity fee; the selected FCM can impose its own.Source 18 |
Process08
EdgeProX subscription and cancellation
| Item | Terms |
|---|---|
| Subscription | USD 34.99/month; a 14-day demonstration is offered.Source 19 |
| Renewal | The subscription renews automatically. Cancellation must reach Edge Clear at least five business days before renewal.Source 20 |
| What cancellation does not establish | Platform subscription cancellation does not by itself close positions, terminate manager authority or settle the brokerage account.Source 20Source 30 |
Platforms, margin settings and liquidation
Sections ↑Platforms & products09
Platform and connection choices
| Platform | Useful tools | Account dependency |
|---|---|---|
| EdgeProX | Windows and Mac; DOM, footprint, volume profile, TPO, replay and heatmap tools | Compatible connection and paid exchange permissions; one data feed per workspace.Source 19 |
| TradingView | Chart-based futures trading | Enable the CQG account connection and select Edge Clear. TradingView subscriptions are separate.Source 21 |
| Sierra Chart | Specialist charting and Teton routing | The Sierra 100 and zero-routing arrangements are specifically documented with Ironbeam.Source 10 |
| Rithmic-linked applications | R Trader Pro and supported third-party terminals | Connection supports server-side bracket/OCO functions; application implementation and permissions matter.Source 22 |
Process10
Understanding the displayed day margins
| Question | Published position |
|---|---|
| Does “as low as” apply automatically? | No. The broker says new settings commonly begin at 25%–50% of initial margin. Product, trading volume and funding affect FCM approval.Source 14 |
| What does the contract sheet show? | Discount examples include 10% of initial margin for selected equity-index contracts and 25% for Euro FX. They do not establish a universal dollar allowance.Source 13 |
| What applies near the close? | The risk rules require initial margin for new positions and maintenance margin for positions carried from a prior session five minutes before the close.Source 15 |
| Can low day margin limit the loss? | No. Lower collateral does not cap economic exposure; insufficient equity can trigger forced closing and a remaining debit.Source 30Source 16 |
Process11
Published risk triggers
| Session or condition | Intervention threshold |
|---|---|
| Intraday, 07:30–16:00 CT | Net liquidation value below 5% of initial margin or USD 500, or an 80% starting-cash loss: the first trigger applies.Source 15 |
| Micro-only intraday account | The cash floor is USD 200; the 5% initial-margin and 80% daily-loss tests remain in the article.Source 15 |
| Overnight, 17:00–07:29 CT | The article describes liquidation below 10% of total initial margin. The account’s agreed FCM settings still control.Source 15 |
| After an automated trigger | The system attempts to close positions and cancel working orders. An account may be locked; if it remains open, a new trade can trigger further charges.Source 16 |
| Re-enabling a locked account | Contact the broker for FCM review; the published process targets unlocking for the next session.Source 16 |
Pricing & charges12
FCM-specific risk administration charges
| FCM | Liquidation charge | Margin-call charge |
|---|---|---|
| Phillip Capital | USD 25; Micro: USD 5; charging unit not stated | USD 50Source 17 |
| Ironbeam | USD 50/contract | USD 50Source 17 |
| Dorman Trading | USD 50 plus USD 2/contract | USD 50Source 17 |
| Plus500 US Financial Services | USD 50 plus USD 2/contract | USD 50Source 17 |
Funding and withdrawing through the selected FCM
Sections ↑Process13
Deposits and withdrawal workflow
| Route | Operational terms |
|---|---|
| Phillip Capital ACH | Link a bank through the FCM portal’s Plaid flow; approval is confirmed before My Money deposit and withdrawal requests become available.Source 25 |
| Plus500 US wire | Remitter and trading-account names must match. Personal-to-corporate transfers are refused even if the sender owns the company; listed transfer intermediaries are not accepted.Source 26 |
| Plus500 US ACH | US individual/joint accounts using a US bank; USD 5,000 per 60 days and a five-day hold. Initial authorisation is required before requesting a transfer.Source 26 |
| Ironbeam or Dorman account | Use that FCM’s current funding instructions and portal. Do not send funds to an Edge Clear operating account.Source 6Source 2 |
| Withdrawal planning | Confirm cleared cash, remaining margin, method eligibility and destination details with the carrying FCM. One firm’s ACH access does not establish another’s withdrawal methods.Source 25Source 26 |
Pricing & charges14
Published outgoing wire and cheque charges
Registration, custody and funds protection
Sections ↑Protections & eligibility15
The regulated relationship
| Area | Established scope |
|---|---|
| Current legal-name match | NFA BASIC matched Edge Clear LLC, ID 0524928, to registered CFTC IB status and approved NFA membership on 12 October 2026.Source 1 |
| Introducing versus carrying | Edge Clear arranges the account; the selected FCM holds customer collateral. The four FCMs are counterparties, not identified subsidiaries of Edge Clear.Source 4Source 2 |
| Segregation | The broker describes customer funds as segregated from the carrying FCM’s own operating funds. This does not remove insolvency risk.Source 27 |
| Insurance | The broker explicitly says funds in futures-only accounts are not insured. Segregation is not deposit insurance.Source 28 |
| Shortfalls and losses | There is no industry-wide futures customer-funds insurance scheme. A shortfall at an insolvent FCM can affect recovery; market losses can exceed deposited collateral.Source 29Source 30 |
Support, order failures and complaints
Sections ↑Official contact routes
Broker telephoneTelephone
US toll-free telephoneTelephone
Contact formWebsite
ComplianceEmail
Knowledge centreWebsite
Process16
If an order or connection fails
| Situation | Action and responsibility |
|---|---|
| No accepted/rejected acknowledgement | The legal terms instruct clients to telephone the account executive immediately. Confirm the live order before sending a replacement.Source 30 |
| Cancellation sent | Keep monitoring until cancellation is acknowledged or the order fills; a submitted cancellation alone is not confirmation.Source 30 |
| Need emergency execution | Keep the chosen FCM’s dealing instructions available from onboarding. The published broker contact days do not establish a single 24-hour dealing number for all four FCMs.Source 4Source 32 |
| Account credentials | Use only the authorised access arrangement. A manager’s limited power of attorney is separate from informal password sharing.Source 5Source 30 |
NFA accepts conduct complaints against members; check the responsible firm’s membership history in BASIC, including the selected carrying firm where relevant.[41]
A monetary dispute over alleged unfair or improper treatment can instead enter NFA customer arbitration, subject to its rules and two-year filing requirement. A timely Notice of Intent can pause that deadline; it does not itself file a claim.[40]
Trading records, automation and account management
Sections ↑Availability17
Additional services and responsibilities
| Service | Terms and limits |
|---|---|
| Edge Clear Insights | Free journal for clients; supported Rithmic, Sierra and Plus500 connections can synchronise trades. Includes excursion analysis, calendars and exports.Source 33 |
| Edge Pools | Groups of at least five traders combine qualifying volume for commission terms lasting 365 days. Members use the same FCM; Micro and standard volume qualify separately.Source 34 |
| Custom automation | Rithmic offers API/FIX interfaces and optional hosting/connectivity arrangements. Applications must still reconcile orders and positions after failures.Source 22 |
| Managed-account exit | CTA account authority is documented through separate forms. A current universal process covering revocation, open positions and final fees was not established from the public material.Source 5 |
| Dormancy versus closure | No broker inactivity fee is published, but FCM charges and paid subscriptions can continue. The public sources do not establish a universal dormant-account closure timetable.Source 18Source 20 |
Company and legal-name history
Sections ↑Entities & regulation18
Identity and leadership
| Item | Established information |
|---|---|
| Operating company | Edge Clear LLC, United States; NFA ID 0524928.Source 1 |
| Earlier legal name | The official NFA record lists 3 Sigma Trading LLC as a former name and EdgeClear as a DBA. No dated customer-account migration notice was established.Source 1 |
| Leadership | The company identifies Morad Askar as founder and CEO and Max Timmins as president.Source 35 |
| Current registration check | The official membership and registration responses contained no pending-withdrawal flag. This is not a claim that every historical disciplinary record was reviewed.Source 1 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Edge Clear LLC
United StatesSource 1
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Commodity Futures Trading CommissionIB; NFA ID 0524928 | Registered | Checked 12 Oct 2026Official NFA BASIC current registration record returned IB / REG for this exact legal name and identifier.Source 1 |
| National Futures Association0524928 | Registered | Checked 12 Oct 2026Official BASIC membership response: NFA Member Approved; no pending withdrawal flag on the check date.Source 1 |
Sources & further reading
- Current official membership, IB registration and former-name record National Futures Association · Accessed 12 Oct 2026
- Introducing-broker role and restriction on receiving customer collateral National Futures Association · Accessed 12 Oct 2026
- Recommended Micro and standard account funding Edge Clear · Accessed 12 Oct 2026
- Four carrying futures commission merchants Edge Clear · Accessed 12 Oct 2026
- Account forms and applicant documentation Edge Clear · Accessed 12 Oct 2026
- FCM account applications Edge Clear · Accessed 12 Oct 2026
- Canadian account routes and minimum funding Edge Clear · Accessed 12 Oct 2026
- IRA application, custodian and funding workflow Edge Clear · Accessed 12 Oct 2026
- Barchart partner account offer and initial funding Edge Clear · Accessed 12 Oct 2026
- Sierra 100 account and Teton costs through Ironbeam Edge Clear · Accessed 12 Oct 2026
- Itemised Micro futures transaction prices Edge Clear · Accessed 15 Oct 2026
- Standard-product and volume commission quotation Edge Clear · Accessed 12 Oct 2026
- Contract specifications and displayed margin schedule Edge Clear · Accessed 12 Oct 2026
- Typical initial day-margin percentage and approval factors Edge Clear · Accessed 12 Oct 2026
- Intraday and overnight risk thresholds Edge Clear · Accessed 12 Oct 2026
- Automatic liquidation, order cancellation and account unlocking Edge Clear · Accessed 12 Oct 2026
- Carrying-FCM wiring, liquidation and other account charges Edge Clear · Accessed 12 Oct 2026
- Broker inactivity charge versus FCM charges Edge Clear · Accessed 12 Oct 2026
- EdgeProX functions, subscription price and demonstration Edge Clear · Accessed 12 Oct 2026
- EdgeProX automatic renewal and cancellation notice Edge Clear · Accessed 12 Oct 2026
- TradingView connection and dated promotion conditions Edge Clear · Accessed 12 Oct 2026
- Rithmic access and transaction pricing, APIs and server-side orders Edge Clear · Accessed 12 Oct 2026
- CTS data, order routing and monthly API charge Edge Clear · Accessed 12 Oct 2026
- Market-data subscription categories and legacy price table Edge Clear · Accessed 12 Oct 2026
- Phillip bank linking, ACH deposits and withdrawals Edge Clear · Accessed 12 Oct 2026
- Plus500 US wire and ACH eligibility, limits and holds Edge Clear · Accessed 12 Oct 2026
- FCM segregation of customer money Edge Clear · Accessed 12 Oct 2026
- Futures-account funds and insurance distinction Edge Clear · Accessed 12 Oct 2026
- Customer-funds shortfall on FCM insolvency Futures Industry Association · Accessed 12 Oct 2026
- Order acknowledgements, communication failure and trading responsibility Edge Clear · Accessed 12 Oct 2026
- Broker contact form and contact options Edge Clear · Accessed 12 Oct 2026
- Broker telephone numbers, business days and compliance contact Edge Clear · Accessed 12 Oct 2026
- Free trading journal and supported account synchronisation Edge Clear · Accessed 12 Oct 2026
- Commission groups, common FCM and annual qualification Edge Clear · Accessed 12 Oct 2026
- Leadership and introducing-broker company background Edge Clear · Accessed 12 Oct 2026
- Micro E-mini contract multipliers and outright ticks CME Group · Accessed 12 Oct 2026
- Euro FX contract size and price increment CME Group · Accessed 12 Oct 2026
- Gold and Micro Gold contract sizes and ticks CME Group · Accessed 12 Oct 2026
- Micro WTI cash settlement, size and tick economics CME Group · Accessed 12 Oct 2026
- Customer arbitration: monetary disputes and filing time limit National Futures Association · Accessed 15 Oct 2026
- Reporting improper business practices and checking NFA membership National Futures Association · Accessed 15 Oct 2026
- NFA assessment fees effective 1 July 2026 National Futures Association · Accessed 15 Oct 2026
- CME fee schedule effective 1 October 2026, equity futures table CME Group · Accessed 15 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.