Hi all, I am actually asking on behalf of a friend. I clear through a prop firm so get margin breaks on calendar spreads. But a friend of mine is looking to set up a private trading account and he has told me that all the brokers he has spoken to, AMP, Deep Discount, Velocity all charge calendar spreads at outright margins. I clear directly through an FCM which requires quite a large initial deposit. But do any of the retail brokers offer good spread margins on a more modest account? Many thanks