Bitcoin Futures Trading is now available.

Open New Account

Investment Products

Get in touch

Call or visit a branch

Call us: +13478348283

20+ Branches Nationwide

You can find Bitcoin futures trading through United Stock Brokers. Quotes and trading features for these products are accessible through our thinkorswim trading platform.

What is Bitcoin?

Bitcoin is a digital currency, commonly called a cryptocurrency, generated or mined by solving complex math problems on the internet. The bitcoins are later stored in a digital wallet which you can access via the cloud or the user’s personal computer. Since bitcoins aren’t stored in brokerage accounts, bank accounts, or futures accounts, they are not insured by either the FDIC or SIPC.

Practical currencies, including bitcoin, experience significant price volatility. Variations in the virtual currency’s value from the moment you make the trade for the virtual currency futures contract and the time when you want to liquidate it will impact the price of your futures contracts, as well as the possible profits and losses associated with it. Investors must be extremely cautious and be aware of any investment they make.

How do I make a trade on bitcoin futures with United Stock Brokers?

The first step is to create a USB account and state you are planning to trade to begin trading. Some certain requirements and authorizations must be included to be included on your account for CME Group (CME) Bitcoin futures trading (/BTC) SM, which include:

  • Margin enabled
  • Option 2 for spreads in Tier 2 Approval
  • Advanced features
  • Approval for futures trading
  • Minimum balance of $25,000

After the government has approved you to make trades in futures, you require access to bitcoin for bitcoin trading your account.

Please be aware you must be aware that the USB margin requirements for Bitcoin futures are 1.5 times greater than exchange margin requirements and may change at any time without notification.

Funds must be cleared from your account before using them for trading futures contracts, such as bitcoin futures. ACH and Express Methods of Funding need at least four business weeks before deposits be cleared. Wire transfers clear the next day on the same day of business.

Although futures-related products carry unique risks and can be significant, they could offer a more controlled and stable setting to offer an opportunity to trade bitcoin as a cryptocurrency. You must carefully think about whether the trading of bitcoin futures is suitable for your needs, considering the light of your own experience and goals, financial resources, and any other relevant factors.

It is important to note it is an electronic representation of value, which functions as a currency to exchange value, as a type of account, or store of value; however, it is not legal recognition as a currency of exchange. You can trade virtual currencies in exchange for U.S. dollars or other currencies worldwide.

However, they aren’t currently supported or backed by any central or government bank. Their value is entirely determined by the forces of market supply and demand. They tend to be more unstable than conventional currencies. Profits and losses resulting from the volatility are amplified when you use the margined futures contracts.

FAQ's

As with any futures product, trading bitcoin futures (/BTC) at United Stock Brokers requires futures approval on your account. In addition to futures approval on your account, clients who wish to trade bitcoin futures must receive the CFTC and NFA advisories on virtual currencies provided below.

  • If you are a client already approved to trade futures at USB, please contact our Futures Desk at Our Number or email us to request access to trade /BTC.
  • If you have an account with us but are not approved to trade futures, you must first request futures trading privileges. Be sure to check that you have the right permissions and meet your account’s funding requirements before applying. Please note that the approval process may take 1-2 business days. Once you have been granted futures approval, contact the Futures Desk and email us to request access to /BTC.
  • If you don’t have an account at USB, you need to open an account and select that you plan to actively trade during the sign-up process. You will need to request that margin and options trading be added to your account before you can apply for futures. Please remember that the full process may take 5-6 business days. Once you have been granted futures approval, contact the Futures Desk or email us.
  • Customer Advisory: Understand the Risks of Virtual Currency Trading. This advisory from the CFTC is meant to inform the public of possible risks associated with investing or speculating in virtual currencies or bitcoin futures and options.
  • NFA Investor Advisory—Futures on Virtual Currencies Including Bitcoin. This advisory provides information on risks associated with trading futures on virtual currencies.

To ensure you meet the requirements to trade futures, you can check by viewing your account settings under Client Services > General > Elections & Routing or by contacting us at +13478348283.

At this time, United Stock Brokers does not provide the ability to trade or hold bitcoin or other cryptocurrencies directly in USB accounts and does not provide access to bitcoin/cryptocurrency exchange networks.

We offer the ability to trade bitcoin futures contracts, much like we offer futures contracts for gold, corn, crude oil, etc.

Three reasons to consider trading futures at USB

Advanced Technology

Our platform, Thinkorswim, is the best derivatives trading platform designed specifically for a serious-minded futures trader.

24/7 Support

Live assistance is available from traders who have hundreds of years of knowledge.

Straightforward Pricing

Fair pricing without hidden charges or complex pricing structure