Trade S&P 500 Futures
Capitalize on US index movements with E-mini (ES) and Micro E-mini (MES) S&P 500 futures
Trade S&P 500 Futures
Capitalize on US index movements with E-mini (ES) and Micro E-mini (MES) S&P 500 futures
Trade S&P 500 Futures
Capitalize on US index movements with E-mini (ES) and Micro E-mini (MES) S&P 500 futures
Regulated by
Monetary Authority of Singapore
PARTNER WITH
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Regulated by
Monetary Authority of Singapore
Partner with
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Contract Sizing
Micro E-mini S&P 500 (MES) vs E-mini S&P 500 (ES)
Both contracts provide direct exposure to the leading 500 US large-cap stocks
Contract Sizing
Micro E-mini S&P 500 (MES) vs E-mini S&P 500 (ES)
Both contracts provide direct exposure to the leading 500 US large-cap stocks
Contract Sizing
Micro E-mini S&P 500 (MES) vs E-mini S&P 500 (ES)
Both contracts provide direct exposure to the leading 500 US large-cap stocks
CME
Micro E-mini S&P 500 (MES)
Precise risk control and incremental position scaling
Multiplier
Tick Size
Tick Value
Day Margin (USD)
Initial Margin (USD)
USD 5 x index
0.25
$1.25
$1,431.59
$2,863.17
CME
Micro E-mini S&P 500 (MES)
Precise risk control and incremental position scaling
Multiplier
Tick Size
Tick Value
Day Margin (USD)
Initial Margin (USD)
USD 5 x index
0.25
$1.25
$1,431.59
$2,863.17
CME
E-mini S&P 500 Futures (ES)
Larger order sizes and high-volume strategies
Multiplier
Tick Size
Tick Value
Day Margin (USD)
Initial Margin (USD)
USD 50 x index
0.25
$12.50
$14,315.83
$28,631.65
CME
E-mini S&P 500 Futures (ES)
Larger order sizes and high-volume strategies
Multiplier
Tick Size
Tick Value
Day Margin (USD)
Initial Margin (USD)
USD 50 x index
0.25
$12.50
$14,315.83
$28,631.65
Asset Comparison
E-mini S&P 500 Futures VS CFDs and ETFs
Asset Comparison
E-mini S&P 500 Futures VS CFDs and ETFs
Asset Comparison
E-mini S&P 500 Futures VS CFDs and ETFs
Swipe to compare →
| Comparison | S&P 500 Futures | US 500 CFDs | S&P 500 ETFs |
|---|---|---|---|
| Price set by | The market, on a central exchange | The broker, based on the underlying market | The market, on the listing exchange |
| Order Execution | Sent to the exchange and matched with other traders | Executed directly with the broker | Sent to the exchange and matched with other investors |
| Trading Costs | Itemized commission and exchange fees | Mostly built into the spread | Brokerage commission |
| Holding Costs | No daily financing charge, as financing costs are built into the futures price | Overnight financing typically applies | Annual expense ratio |
| Trading during Asian hours | Tradable on the exchange, nearly 24 hours a day | Tradable at your broker’s quote | Mainly US market hours, with extended sessions at some brokers |
| Volume and Market Depth | Live volume and depth published by the exchange | Depends on the trading platform | Volume published for the fund on its exchange |
| Contract Sizes | E-mini (ES) and Micro E-mini (MES), at one-tenth the size | Position size set by the broker | Individual fund units |
| Expiry | Quarterly contracts, cash-settled | Typically undated | No expiry |
| Maximum Loss | Can exceed initial margin | Can exceed initial margin, depending on the broker | Limited to the amount invested, unless bought on margin |
General product features shown. Terms vary by broker and contract. Futures and CFDs are leveraged products, and losses can exceed your initial margin.
Swipe to compare →
| Comparison | S&P 500 Futures | US 500 CFDs | S&P 500 ETFs |
|---|---|---|---|
| Price set by | The market, on a central exchange | The broker, based on the underlying market | The market, on the listing exchange |
| Order Execution | Sent to the exchange and matched with other traders | Executed directly with the broker | Sent to the exchange and matched with other investors |
| Trading Costs | Itemized commission and exchange fees | Mostly built into the spread | Brokerage commission |
| Holding Costs | No daily financing charge, as financing costs are built into the futures price | Overnight financing typically applies | Annual expense ratio |
| Trading during Asian hours | Tradable on the exchange, nearly 24 hours a day | Tradable at your broker’s quote | Mainly US market hours, with extended sessions at some brokers |
| Volume and Market Depth | Live volume and depth published by the exchange | Depends on the trading platform | Volume published for the fund on its exchange |
| Contract Sizes | E-mini (ES) and Micro E-mini (MES), at one-tenth the size | Position size set by the broker | Individual fund units |
| Expiry | Quarterly contracts, cash-settled | Typically undated | No expiry |
| Maximum Loss | Can exceed initial margin | Can exceed initial margin, depending on the broker | Limited to the amount invested, unless bought on margin |
General product features shown. Terms vary by broker and contract. Futures and CFDs are leveraged products, and losses can exceed your initial margin.
Swipe to compare →
| Comparison | S&P 500 Futures | US 500 CFDs | S&P 500 ETFs |
|---|---|---|---|
| Price set by | The market, on a central exchange | The broker, based on the underlying market | The market, on the listing exchange |
| Order Execution | Sent to the exchange and matched with other traders | Executed directly with the broker | Sent to the exchange and matched with other investors |
| Trading Costs | Itemized commission and exchange fees | Mostly built into the spread | Brokerage commission |
| Holding Costs | No daily financing charge, as financing costs are built into the futures price | Overnight financing typically applies | Annual expense ratio |
| Trading during Asian hours | Tradable on the exchange, nearly 24 hours a day | Tradable at your broker’s quote | Mainly US market hours, with extended sessions at some brokers |
| Volume and Market Depth | Live volume and depth published by the exchange | Depends on the trading platform | Volume published for the fund on its exchange |
| Contract Sizes | E-mini (ES) and Micro E-mini (MES), at one-tenth the size | Position size set by the broker | Individual fund units |
| Expiry | Quarterly contracts, cash-settled | Typically undated | No expiry |
| Maximum Loss | Can exceed initial margin | Can exceed initial margin, depending on the broker | Limited to the amount invested, unless bought on margin |
General product features shown. Terms vary by broker and contract. Futures and CFDs are leveraged products, and losses can exceed your initial margin.
Key Features
Why Traders Choose S&P 500 Futures
Key Features
Why Traders Choose S&P 500 Futures
Key Features
Why Traders Choose S&P 500 Futures
Exposure to U.S. Large-Cap
Track 500 of the largest US market leaders in a single S&P 500 futures contract to capture broad economic momentum without single-stock risk
Precise Risk Control
Scale your risk with total flexibility. Trade full-size ES for larger positions, or MES at one-tenth the size for finer position sizing
Deep Liquidity
ES is one of the most actively traded equity index futures in the world, which typically supports tight bid-ask spreads for active traders
Nearly 24-Hour Access
React immediately to market-moving FOMC rate decisions, CPI prints and mega-cap tech earnings outside standard U.S. equity market trading hours
Exposure to U.S. Large-Cap
Track 500 of the largest US market leaders in a single S&P 500 futures contract to capture broad economic momentum without single-stock risk
Precise Risk Control
Scale your risk with total flexibility. Trade full-size ES for larger positions, or MES at one-tenth the size for finer position sizing
Deep Liquidity
ES is one of the most actively traded equity index futures in the world, which typically supports tight bid-ask spreads for active traders
Nearly 24-Hour Access
React immediately to market-moving FOMC rate decisions, CPI prints and mega-cap tech earnings outside standard U.S. equity market trading hours
Exposure to U.S. Large-Cap
Track 500 of the largest US market leaders in a single S&P 500 futures contract to capture broad economic momentum without single-stock risk
Precise Risk Control
Scale your risk with total flexibility. Trade full-size ES for larger positions, or MES at one-tenth the size for finer position sizing
Deep Liquidity
ES is one of the most actively traded equity index futures in the world, which typically supports tight bid-ask spreads for active traders
Nearly 24-Hour Access
React immediately to market-moving FOMC rate decisions, CPI prints and mega-cap tech earnings outside standard U.S. equity market trading hours
Before You Trade
S&P 500 Index Futures FAQs
Before You Trade
S&P 500 Index Futures FAQs
Before You Trade
S&P 500 Index Futures FAQs
1. What are S&P 500 Futures?
S&P 500 futures are exchange-listed contracts that let you trade the value of the S&P 500 index without owning the underlying stocks. The main contract is the E-mini S&P 500, ticker ES, traded on the CME. It settles in cash against the index level and trades nearly 24 hours across CME Globex
2. What are Micro E-mini S&P 500 (MES) Futures?
The Micro E-mini S&P 500, ticker MES, is a smaller version of the ES contract, sized at one-tenth the notional value. It tracks the same index, settles in cash and trades the same hours as ES, giving the same market exposure at a lower margin requirement per contract
3. What's the difference between S&P 500 futures and the S&P 500 index?
The S&P 500 index is a calculated number tracking 500 US companies; it isn't something you can trade directly. S&P 500 futures, primarily the E-mini contract (ES), are exchange-listed contracts that let you take a position on where that index is headed, settled in cash against the index level at expiry
4. What are the margin requirements to trade S&P 500 Futures?
Margin on ES and MES is set by the exchange and changes with market volatility, so it is not fixed. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications
5. What are the risks of trading S&P 500 Futures?
S&P 500 futures are leveraged, so a small move in the index can produce a large move against your margin. Losses can exceed the amount deposited, and an adverse move can trigger a margin call or forced liquidation. Prices can also gap outside regular trading hours, particularly around economic data releases
1. What are S&P 500 Futures?
S&P 500 futures are exchange-listed contracts that let you trade the value of the S&P 500 index without owning the underlying stocks. The main contract is the E-mini S&P 500, ticker ES, traded on the CME. It settles in cash against the index level and trades nearly 24 hours across CME Globex
2. What are Micro E-mini S&P 500 (MES) Futures?
The Micro E-mini S&P 500, ticker MES, is a smaller version of the ES contract, sized at one-tenth the notional value. It tracks the same index, settles in cash and trades the same hours as ES, giving the same market exposure at a lower margin requirement per contract
3. What's the difference between S&P 500 futures and the S&P 500 index?
The S&P 500 index is a calculated number tracking 500 US companies; it isn't something you can trade directly. S&P 500 futures, primarily the E-mini contract (ES), are exchange-listed contracts that let you take a position on where that index is headed, settled in cash against the index level at expiry
4. What are the margin requirements to trade S&P 500 Futures?
Margin on ES and MES is set by the exchange and changes with market volatility, so it is not fixed. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications
5. What are the risks of trading S&P 500 Futures?
S&P 500 futures are leveraged, so a small move in the index can produce a large move against your margin. Losses can exceed the amount deposited, and an adverse move can trigger a margin call or forced liquidation. Prices can also gap outside regular trading hours, particularly around economic data releases
1. What are S&P 500 Futures?
S&P 500 futures are exchange-listed contracts that let you trade the value of the S&P 500 index without owning the underlying stocks. The main contract is the E-mini S&P 500, ticker ES, traded on the CME. It settles in cash against the index level and trades nearly 24 hours across CME Globex
2. What are Micro E-mini S&P 500 (MES) Futures?
The Micro E-mini S&P 500, ticker MES, is a smaller version of the ES contract, sized at one-tenth the notional value. It tracks the same index, settles in cash and trades the same hours as ES, giving the same market exposure at a lower margin requirement per contract
3. What's the difference between S&P 500 futures and the S&P 500 index?
The S&P 500 index is a calculated number tracking 500 US companies; it isn't something you can trade directly. S&P 500 futures, primarily the E-mini contract (ES), are exchange-listed contracts that let you take a position on where that index is headed, settled in cash against the index level at expiry
4. What are the margin requirements to trade S&P 500 Futures?
Margin on ES and MES is set by the exchange and changes with market volatility, so it is not fixed. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications
5. What are the risks of trading S&P 500 Futures?
S&P 500 futures are leveraged, so a small move in the index can produce a large move against your margin. Losses can exceed the amount deposited, and an adverse move can trigger a margin call or forced liquidation. Prices can also gap outside regular trading hours, particularly around economic data releases
Get Started
Start Trading S&P 500 Futures in 3 Steps
Execute trades with confidence and precision
Get Started
Start Trading S&P 500 Futures in 3 Steps
Execute trades with confidence and precision
Get Started
Start Trading S&P 500 Futures in 3 Steps
Execute trades with confidence and precision
1
Choose ES or MES
Search ES for the E-mini or MES for the Micro E-mini to view live spreads, tick values, and intraday margin rates
2
Set Your Position
Select your contract size, choose long or short, and pick your order type to match your strategy
3
Execute & Manage
Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the index moves
1
Choose ES or MES
Search ES for the E-mini or MES for the Micro E-mini to view live spreads, tick values, and intraday margin rates
2
Set Your Position
Select your contract size, choose long or short, and pick your order type to match your strategy
3
Execute & Manage
Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the index moves
1
Choose ES or MES
Search ES for the E-mini or MES for the Micro E-mini to view live spreads, tick values, and intraday margin rates
2
Set Your Position
Select your contract size, choose long or short, and pick your order type to match your strategy
3
Execute & Manage
Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the index moves
Legal and Regulatory
KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.
NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.
NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.
Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing one’s financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.
The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.
This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
© 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.
KGI Crusoe
Legal and Regulatory
KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.
NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.
NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.
Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing one’s financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.
The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.
This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
© 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.
KGI Crusoe
Legal and Regulatory
KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.
NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.
NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.
Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing one’s financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.
The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.
This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
© 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.
KGI Crusoe