Funding & Withdrawals
Once your account is confirmed, you fund it by wiring an initial deposit to your Primary Collateral Account. This section covers deposits, balances, transfers, withdrawals, and the fees that apply to trading and wires.
Do not wire funds until you have executed the Participant and Clearing Member Agreement and received confirmation of your completed onboarding status.
Initial deposit
Once your account has been confirmed, wire your initial deposit to your Primary Collateral Account using the wire instructions provided directly by our Market Operations team. The minimum initial deposit is $25,000 unless waived.
Bank account matching requirement: the bank account you use for deposits must be the same bank account you designate for withdrawals. The bank account name must exactly match the legal name of your entity as registered in the ElectronX onboarding process.
Viewing your balance
Your current Available to Trade balance is displayed in real time in the top left of the trading interface, under the Available to Trade banner. This reflects your net available funds after accounting for any Committed Collateral on open orders and positions.
Distributing funds between collateral accounts
If you have multiple Collateral Accounts, your Operations User can request fund transfers between them at any time. Email support@electronx.com to initiate a transfer.
Withdrawals
Funds held in any Collateral Account, Primary or Secondary, can be withdrawn at any time. To request a withdrawal, have your Operations User email support@electronx.com with the required details.
Withdrawal requests received and approved before 12:00 pm CT will be submitted to our banking provider for same-day processing. Timing of final receipt may vary depending on the receiving bank. In most cases, funds are distributed the same day or the following business day.
Funds that lie in a Secondary Collateral Account will first be transferred to the Primary Collateral Account before being withdrawn.
Fees
ElectronX charges three categories of fees: execution, clearing, and settlement fees. All fees are reserved from your Available to Trade balance when you place an order and are consumed from Committed Collateral at the applicable point in the trade lifecycle. Execution fees apply to all filled orders on Bounded Futures and Binary Options contracts. Clearing and settlement fees apply to all contracts: the clearing fee is consumed when the order executes, and the settlement fee is consumed when the position settles at expiration. If you close your position before expiry, the settlement fee is returned to your Available to Trade balance.
| Fee | Amount | Notes |
|---|---|---|
| Execution fee | $0.07 per lot (MWh) | Participants onboarded prior to January 28, 2026 |
| Execution fee | $0.15 per lot (MWh) | Participants onboarded on or after January 28, 2026 |
| Clearing fee | $0.05 per lot | Consumed when the order executes |
| Settlement fee | $0.05 per lot | For an open position at expiration; returned to Available to Trade if the position is closed before expiry |
| Wire fee | $25 | Per withdrawal wire |
If there is any conflict between this website page and the EXI Rulebook, the EXI Rulebook is controlling. Refer to electronx.com/risk-disclosure for full risk disclosures.