What is the Value of One Tick in Micro Futures Contracts?

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Traders often ask what each tick is worth in the Micro Futures contracts. Since tick values vary by product, here’s a breakdown of the most commonly traded micros:

  • Micro E-mini S&P 500 futures (/MES): $1.25 per tick
  • Micro E-mini Nasdaq-100 futures (/MNQ): $0.50 per tick
  • Micro E-mini Dow futures (/MYM): $0.50 per tick
  • Micro E-mini Russell 2000 futures (/M2K): $0.50 per tick
  • Micro WTI Crude Oil futures (/MCL): $1.00 per tick
  • Micro Gold futures (/MGC): $1.00 per tick
  • Micro Silver futures (/SIL): $5.00 per tick
  • Micro Natural Gas futures (/MNG): $1.00 per tick
  • Micro Bitcoin futures (/MBT): $0.50 per tick
  • Micro Ether futures (/MET): $0.05 per tick

Understanding tick value is essential for risk management, since it determines the profit or loss from the smallest possible price movement in a contract. Check our trading platforms

FAQ

Q: What is a tick in futures trading?
A tick is the minimum price movement allowed in a futures contract. Each tick has a standardized dollar value that impacts gains or losses.

Q: Why do tick values differ across Micro Futures?
Tick values depend on the underlying contract’s specifications set by the exchange (CME). Each market—stocks, commodities, or crypto—has different pricing structures and volatility, which leads to different tick values.

Q: How do tick values affect risk management?
Knowing tick value helps traders calculate potential profit and loss per trade and set appropriate stop-loss and take-profit levels.

Q: Are Micro Futures good for beginners?
Micro contracts have smaller tick values and lower margin requirements, making them more accessible for traders who want to practice futures trading with reduced financial exposure.

There is a substantial risk of loss in futures trading.
Past performance is not indicative oif future results.