Here's How it Works...

FAQ for Individuals:.

-How Do I Open an Account?

To open an individual trading account, simply email info@roundblock.capital, and our new accounts team will send a link to the online sign-up form.

-What information do you collect on account opening?

RoundBlock Capital is an NFA registered Independent Introducing Broker, and as such is required to collect general KYC/AML information on our customers.

This information includes (but is not necessarily limited to) legal name, address, birth date, SSN, and questions about trading experience.

-Do you open accounts for non-US customers?

Yes. RoundBlock can and does service customers from most countries around the globe.

-How long does it take to open an account?

For individuals, we generally have accounts created in less than 24 hours.

-How do I fund my account?

Bank Wire, ACH, or check.

-What contracts can I trade?

RoundBlock Capital specializes in CME Bitcoin Futures and Options contracts.

Contract Specs can be found here:

https://www.cmegroup.com/trading/bitcoin-futures.html

However, you may be enabled to trade any contract listed on CME Group Exchanges (CME, CBOT, NYMEX, COMEX)

-What are the margin requirements for CME Bitcoin Futures and Options?

RoundBlock provides some of the most capital efficient margins in the BTC derivatives space.

Generally speaking, margins are set at CME SPAN levels. This changes on a regular basis, but you can realistically expect to deposit 30-40% of the underlying BTC cost for margin deposit (~3X leverage). For example, if spot BTC is trading at $10,000, you could expect initial margin requirements around $3,400 per Bitcoin.

Current CME BTC Margin Requirements can always be found here:

https://www.cmegroup.com/clearing/margins/

Margin levels for BTC Options trades depend on the instrument, long/short premium, and strategy.

-Can I deposit Bitcoin as margin.

No. Currently we do not support Bitcoin as performance margin.

Accounts can be funded with most major currencies.

However, check back regularly, as we're working on alternative funding solutions.

-What are the trading fees?

Generally, you can expect to pay $3 to 5 per bitcoin, flat, all inclusive of all commissions and fees, depending on volume tiers.

-How do I trade?

The RoundBlock Trading Platform can found here:

FuturesOnBitcoin.com

This web based trading system encompasses Quotes, Charts, Advanced Order Entry, Account Tracking, and Curated Digital Assets News.

-How much does this awesome Platform cost?

$30/month
(*this fee may be waived with minimal trading activity)



Disclaimers

RoundBlock Capital LLC (“RoundBlock”) makes available this website and the information and services contained herein in furtherance of RoundBlock’s purposes.  While RoundBlock makes every effort to present accurate and reliable information on this site, RoundBlock does not endorse, approve or certify such information, nor does it guarantee the accuracy, completeness, efficacy, or timeliness of such information.  Use of such information is voluntary, and reliance on it should only be undertaken after an independent review by qualified experts. Reference herein to any specific commercial product, process or service does not constitute or imply endorsement, recommendation or favoring by Round Block.  Every effort has been made to ensure that the information on this website is accurate and complete, but neither Round Block, nor our officers, principals, employees or agents shall be liable to any person, party or entity for any losses, damages, costs or expenses (including, but not limited to, loss of profits, loss of use, direct, indirect, incidental or consequential damages) resulting from any errors in, omissions of or alterations to the information. The foregoing shall apply regardless of whether a claim arises in contract, tort, negligence, strict liability otherwise.

Risk Statement

Trading virtual currency, futures or options on futures involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.  You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.  Past performance not indicative of future results.You should carefully consider whether such trading is suitable for you in light of your financial condition.  The high degree of leverage that is often obtainable in commodity futures and options trading can work against you as well as for you.  The use of leverage can lead to large losses as well as gains.  In some cases, managed commodity accounts are subject to substantial charges for management and advisory fees.  It may be necessary for those accounts that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. Under certain market conditions, you may find it difficult or impossible to liquidate a position. This can occur, for example, when the market reaches a daily price fluctuation limit (“limit move”).

FCM Statement

The funds you deposit with a futures commission merchant for trading futures positions are not protected by insurance in the event of the bankruptcy or insolvency of the futures commission merchant, or in the event your funds are misappropriated.  The funds you deposit with a futures commission merchant for trading futures positions are not protected by the Securities Investor Protection Corporation even if the futures commission merchant is registered with the Securities and Exchange Commission as a broker or dealer.

Electronic Trading

Account access, trade executions and system response and performance may be adversely affected, including delays and failures, as a result of: market volatility, trading volumes, illiquidity, quote delays, system and software errors, data or server outages, Internet traffic and capacity and other market conditions or factors. One or more of these factors may occur before or after you place a trade, resulting in a delayed or failed order placement, order cancellation, trade execution and/or acknowledgement of any of those actions. You are solely responsible for such risks.