LEVERAGED FUTURES ACCOUNT

Capitalise on the futures & options market

Why you will love this

Access to a wide range of futures.

Trade through an industry-leading sophisticated platform.

Who can apply

Age 21 to 62

Specified Investment Products (SIPs) qualified traders

Apply now

For local application

Apply at OCBC Securities with these supporting documents 

  1. For Singaporeans and Permanent Residents:

    • NRIC/SAF/SPF ID and Passport

    For Malaysians:

    • IC and Singapore Residence Pass (e.g. Employment pass) if applicable

    For Foreigners:

    • Valid Passport and Singapore Residence Pass (e.g. Employment pass) if applicable

    Note: Bring the originals of these Identification Documents (ID)

  2. Bring the original or electronic copy of any of the following documents reflecting your name and address:

    • Bank statement from a Monetary Authority of Singapore (MAS) licensed bank
    • Latest CPF statement
    • Latest Notice of tax assessment from IRAS

    Note: Document(s) must be dated no older than 3 months from date of application. If your mailing address is different from your residential address, please provide one document for each address.

    If you are applying for a corporate account, please call us at (65) 6318 2480 or futuresdesk2@ocbcsec.com

For overseas application

Mail in the completed application forms with copies of:  

  1. For retail customers:

    For corporate customers:

  2. Provide a copy of your identification:

    For Singaporeans and Permanent Residents:

    • NRIC/SAF/SPF ID and Passport

    For Malaysians:

    • IC and Singapore Residence Pass (e.g. Employment pass) if applicable

    For Foreigners:

    • Valid Passport and Singapore Residence Pass (e.g. Employment pass) if applicable

    Bring your original ID, the photocopy and our account application form to any of the below authorised parties to witness your signature on the form and certify true copy of your ID:

    • Notary Public
    • Advocates & Solicitors
    • Singapore Embassy

    The witnessing officer should provide his/her name and contact details.

  3. Provide us with the original or electronic copy of any of the following documents reflecting your name and address:

    • Bank statement from a Monetary Authority of Singapore (MAS) licensed bank
    • Latest CPF statement
    • Latest Notice of tax assessment from IRAS

    Note: Document(s) must be dated no older than 3 months from date of application. If your mailing address is different from your residential address, please provide one document for each address.

  4. Mail it to us

    OCBC Securities Private Limited
    18 Church Street #01-00,
    OCBC Centre South,
    Singapore 049479

Benefits of opening a Leveraged Futures Account

Service and support

24-hour dealing desk and execution services

Ease of trading online

Trade in major global markets on our robust futures trading platform

How Margin Call works

Step 1

During adverse market conditions, your best efforts in limiting your losses with the use of "stop loss orders" may not be effective because market conditions may make it difficult or impossible to execute such protective orders.

Step 2

If the market moves against your position or margin levels are increased, you may be called upon to deposit substantial additional funds on short notice in order to maintain your position.

Step 3

If you fail to comply within the specified time, your position may be liquidated at a loss and you will be liable for any deficit in your account.
Access a comprehensive range of futures
Stock Indices

E-Mini S&P 500, E-Mini Dow Jones $5, MCSI Singapore Index Futures and Options

Currencies

Euro FX, Australian dollar, British pounds

Commodities

Rubber, Iron Ore, Freight, Coffee, Cocoa, Sugar

Energy

Crude Oil, Brent Crude, Natural Gas

Metals

Gold, Silver, Palladium, Platinum

Interest Rate

10/5/2 Years Treasury Notes, 30 Years Treasury Bonds

Email our Futures desk to find out about other futures products available through OCBC Securities.

Before you apply

Eligibility requirements

Age limit

21 to 62 years old

Specified Investment Products (SIPs) qualified traders

Deposit requirements

Initial deposit

  • S$10,000 for Singaporeans and Singapore PRs
  • US$20,000 for non-Singaporeans (excluding Singapore PRs)
  • US$30,000 for Corporates

Disclaimer

Risk warning for Futures Trading
Transactions in Futures and Options carry a high degree of risk. The amount of initial margin is small and relative to the value of the Futures and Options transaction. As such, the transaction is highly 'leveraged or 'geared'. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit; this can work in your favour or against you. You may sustain a total loss of the intial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to deposit substantial additional funds on short notice in order to maintain your position. If you fail to comply with a request for additional funds within the specified time, your position may be liquidated at a loss and you will be liable for any deficit in your account. Where necessary, please seek advice from an independent financial adviser regarding the suitability of any trade or investment product taking into account your investment objectives, financial situation or particular needs before making a commitment to trade or purchase the investment product. You should consider carefully and exercise caution in making any trading decision whether or not you have received advice from any financial adviser.
Ways to apply

Explore the world of futures trading with us

Apply now

Or email us at futuresdesk2@ocbc.com for a demo account

FREQUENTLY ASKED QUESTIONS ABOUT LEVERAGED FUTURES ACCOUNT
Common question
What are the margin requirements?

All futures contracts require initial margin. Generally, we adhere to the margin requirement prescribed by the exchanges which is usually about 5% to 10% of the contract value with maintenance margin at about 80%. The margins are subject to change without prior notice, depending on market volatility.

Margin call

There will be a margin call when the amount in the account falls below the maintenance margin requirements. You may make use of either or a combination of the following methods to fulfil the margin call:

1) Bring in new funds by the next market day to top up to initial margin levels and maintain your positions.

2) Liquidate some or all your positions to satisfy the margin call. Margin calls are considered satisfied upon end-day settlement (i.e. next trading day).

New positions cannot be initiated until the margin call is fulfilled. 
If margin calls are not satisfied, OCBC Securities reserves the right to liquidate some or all of your open positions.
Even if no margin calls are made, OCBC Securities reserve the right to liquidate your open positions if the equity in your account falls below 30% of the initial margin requirements of all your open positions, where equity is calculated by:

Equity = Value of all initial margin + Unrealised profit of all open positions - Unrealised loss of all open positions

Unrealised profit or unrealised loss of all your open positions shall be determined by OCBC Securities' sole discretion, with reference to the then-prevailing bid, offer or last transacted price of the contract.

What kind of futures products can be traded through OCBC Securities?
You can access a comprehensive range of futures including Stock Indices, Currencies, Commodities, Energy, Metals and Interest Rates through our Leveraged Futures trading account. Find out more.
How do I get qualified to trade Specified Investment Products (SIPs)?
Specified Investment Products (SIPs) are complex financial products that have structures, features and risks that are more difficult to understand. You will need to meet certain educational qualifications, investment experience or work experience to be qualified, and additionally complete and submit a Customer Account Review (CAR) declaration form.
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