# How Do I Start Trading Futures Online?

> Pick the contract type, open an account that carries it, practice with simulated funds, then trade small with a written exit plan. Here is the route for perpetual futures on Liquid and for dated futures at a broker.

- Canonical: https://www.liquid.trade/learn/how-to-start-trading-futures-online
- Published: 2026-10-15
- Category: Futures Trading
- Tags: Futures, Beginner, Perpetual Futures, How To

---

**To start trading futures online on Liquid, sign up, fund your account with a card, transfer, or USDC, practice in paper mode, and then open a small perpetual futures position.** Liquid perps have no expiry, are sized in dollars rather than whole contracts, and sit in a non-custodial account. Crypto perps trade 24/7, and eligible markets offer multipliers of up to 50x. You can get from sign-up to a practice trade in minutes.

If you need dated exchange futures, such as CME E-minis or crude oil contracts, the route is a futures-enabled brokerage account. That usually involves a futures application, an approval step, and exchange margin per contract.

## How do I start trading futures online?

### 1. Choose the contract type

Decide whether you want a **perpetual** (no expiry, funding instead of rolling, venue hours) or a **dated future** (expiry month, exchange clearing, exchange hours). The [futures vs. perpetual futures guide](/learn/futures-vs-perpetual-futures) explains the differences. If you want one account covering crypto, stocks, gold, FX, and indices, perps are the simpler start.

### 2. Open an account that carries it

<CompareTable
  caption="Getting started: what each route involves (checked Sept–Oct 2026)"
  columns={["Platform", "Hours", "Products", "Fee model", "Custody", "Leverage"]}
  rows={[
    { label: "Liquid", values: ["Crypto perps 24/7; other perps vary by market", "Perps across crypto, stocks, indices, commodities, FX, pre-IPO", "% of notional plus funding; no platform fee", "Non-custodial", "Up to 50x on eligible FX and index perps; crypto up to 40x"] },
    { label: "Interactive Brokers", values: ["Exchange sessions", "Stocks, options, futures, FX, bonds", "Per contract: $0.25–$0.85 tiered or $0.85 fixed, plus exchange fees", "Custodial broker", "Exchange-set futures margin"] },
    { label: "Charles Schwab", values: ["Exchange sessions", "Stocks, ETFs, options, futures", "$2.25 per futures contract", "Custodial broker", "Exchange-set futures margin"] },
    { label: "NinjaTrader", values: ["Exchange calendars", "Futures and micros", "Per side by plan (free plan $0.39 micro / $1.29 standard), plus exchange, clearing, NFA fees", "Custodial (FCM)", "Exchange-set futures margin"] },
    { label: "Kraken", values: ["Crypto 24/7", "Crypto spot and futures (not in all jurisdictions)", "% of notional", "Custodial exchange", "Varies by product and jurisdiction"] }
  ]}
/>

Competitor details come from each provider's published pages as checked for Liquid's comparison guides in September 2026. Futures brokers typically ask about experience and finances before approving futures trading.

### 3. Learn the four numbers that matter

Before any trade, know your **notional** (total exposure), **margin** (collateral posted), **liquidation or margin-call level**, and **all-in cost** (fees plus funding or roll). On Liquid, the order ticket shows notional and margin together as you change the multiplier. Read [what is liquidation](/learn/what-is-liquidation) and [cross vs. isolated margin](/learn/cross-margin-vs-isolated-margin).

### 4. Practice with simulated funds

Paper trading uses live prices with simulated money. Practice opening a position, moving a stop, and closing, then compare the result with what you expected. On Liquid, [paper trading](/learn/how-to-start-paper-trading-on-liquid) starts you with a simulated $10,000 balance.

### 5. Start small, with a written exit plan

Your first live trade should be small enough that a full stop-out is a lesson, not a setback. Write down the entry reason, the stop, the target, and when you will close regardless. Attach the [stop-loss](/learn/what-is-a-stop-loss) when you open the trade.

## Common first-month mistakes

- **Using the maximum multiplier.** A high multiplier shrinks the move needed to wipe out your margin. Start at a low multiplier and raise it only once you understand your liquidation price.
- **Skipping the stop.** Decide where you are wrong before entering, and place the stop with the order.
- **Ignoring holding costs.** Funding on perps and roll costs on dated futures turn a flat trade into a loss over time.
- **Trading every session.** Around-the-clock access does not mean you should trade around the clock. Set the hours you will actually watch positions.
- **Not reviewing.** Keep a short log of entry reason, size, exit, and result. Patterns show up within a few weeks.

## How to start on Liquid

1. **Create an account and fund it** by card, transfer, or USDC: [how to fund your Liquid account](/learn/how-to-fund-your-liquid-account).
2. **Switch on paper mode** and run three practice trades: [paper trading on Liquid](/learn/how-to-start-paper-trading-on-liquid).
3. **Place a small live trade** with a stop and target: [how to trade on Liquid](/learn/how-to-trade-on-liquid).
4. **Review it afterward.** Compare fees, funding, and fill against your plan.

Prefer to work in a chat? [Co-Invest](/learn/install-co-invest-claude-chatgpt) lets you research and place confirmed trades from Claude or ChatGPT.

Still comparing brokers? Read [what is the best platform for futures trading](/learn/best-futures-trading-platform-for-retail-traders) and [the lowest fee futures trading platforms](/learn/lowest-fee-futures-trading-platforms).

## Sources and further reading

- [CME: definition of a futures contract](https://www.cmegroup.com/education/courses/introduction-to-futures/definition-of-a-futures-contract)
- [Liquid: what are perpetual futures](https://docs.liquid.trade/about-liquid/what-are-perpetual-futures) · [paper trading](https://docs.liquid.trade/trading/paper-trading)
- [Interactive Brokers commissions](https://www.interactivebrokers.com/en/pricing/commissions-home.php) · [Schwab pricing](https://www.schwab.com/pricing) · [NinjaTrader pricing](https://ninjatrader.com/pricing/)

Liquid product information checked October 15, 2026.
