Margin is not the full exposure
A margin deposit supports a larger contractual exposure. Leverage magnifies both gains and losses. A futures position can lose more than the amount initially deposited, and additional funding may be required.
Options need their own review
A purchased option can expire without value. Selling options creates different obligations and can produce substantial losses. Ask what happens on exercise or assignment, including whether a futures position could result. A limited initial outlay does not make an instrument suitable for every investor.
Questions for an account discussion
Which registered entity provides the service? Who carries the account? What experience and approvals are required? What are the position size, trading costs and funding obligations? What arrangements apply near expiry?