E-Futures

E-Futures is a US-based futures brokerage headquartered at Cannon Trading Company's address in Los Angeles, California. The firm was registered in 2019, though its website references a trading history dating back to 1988 through its parent company. As of our review, no regulatory licenses from any major financial authority are on file for E-Futures as a distinct entity.

The broker specializes in futures trading across a range of asset classes including equity indices, commodities, interest rates, metals, and energy. It primarily serves retail and active day traders, offering direct market access via its proprietary trading platform.

Our records indicate that E-Futures does not hold an independent regulatory license from the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA) in its own name. The broker's operations appear to be conducted through Cannon Trading Company, which is a registered Futures Commission Merchant (FCM) with the NFA. However, the E-Futures brand itself is not separately regulated, which may represent a potential risk for traders seeking direct regulatory oversight.

Traders should be aware that the absence of a dedicated license means that in the event of a dispute, recourse may be limited to Cannon Trading Company's regulatory protections. We recommend verifying NFA membership and considering the implications of trading under a brand that is not independently regulated.

E-Futures offers its proprietary CannonX trading platform, built on CQG's technology infrastructure. The platform provides sophisticated tools such as advanced charting, depth of market, and one-click order execution. It is available at no monthly cost to active account holders.

In addition, the broker may offer access to other third-party platforms, though the CannonX platform is the flagship offering. The platform is designed for both novice and experienced futures traders, with real-time streaming quotes and a suite of technical analysis tools.

E-Futures promotes a transparent commission structure with rates starting as low as $0.25 per side (plus exchange, clearing, and NFA fees). Major futures contracts are priced from $0.74 per side, while Micro E-mini contracts start at $0.18 per side. Volume discounts are available for high-frequency traders.

The minimum deposit to open an account is $1,000, and there are no platform fees or monthly minimums. Day-trading margins for micro contracts can be as low as $50, making the broker accessible to traders with limited capital.

E-Futures offers a single live account type for futures trading, with no separate tiers. Traders can open an account online with a minimum deposit of $1,000. Funding options include bank wire and credit card (subject to availability). A free demo account is also provided for practice.

The account opening process is described as fast and digital, with no paperwork delays. The broker supports individual, joint, corporate, and retirement accounts (IRAs), though the latter may have specific requirements.

The broker provides access to major futures exchanges, including the CME, ICE, and EUREX. Tradable instruments include equity index futures (e.g., S&P 500, Nasdaq), commodity futures (e.g., gold, crude oil, agricultural products), interest rate futures, and currency futures.

Micro contracts are available for smaller traders, allowing reduced margin requirements and finer position sizing. E-Futures does not offer spot forex, CFDs, or cryptocurrency trading.

E-Futures provides customer support via phone (toll-free number) and email. The broker claims to offer free daily support and resistance levels, as well as personalized broker assistance. An educational blog on the website covers topics such as selecting a futures broker and platform comparisons.

The broker's website includes a FAQ section and a blog with trading tips. However, there is no comprehensive educational suite like webinars or video courses. Live chat support is not prominently advertised.