Futures tick value calculator
Pick your contract and size. See the exact dollar value per tick, per point, and for any price move.
- Value per point
- --
- $ at risk
- --
Why tick value is the number every other calculation depends on
Position size, stop-loss distance in dollars, daily loss limits, drawdown cushion — every one of them is a tick-value calculation wearing a different name. Get the tick value wrong and every number built on top of it is wrong too, which is why it is worth knowing cold for whatever you trade, rather than re-deriving it under pressure mid-trade.
How to use this calculator
Pick your contract
The dropdown loads that contract’s exchange-published tick size and tick value, so you do not have to look them up. Choose Custom contract for anything not listed.
Enter your contract count
How many contracts are (or would be) in the position. Every dollar figure on the right scales with this number.
Enter your stop-loss distance (optional)
How far your stop sits from your entry, in points. Enter it to see the exact dollar amount at risk for your position size — the same field works for a profit-target distance too. Leave it blank if you only want the per-tick and per-point value.
Press Calculate
Nothing recalculates while you type, so you can set up a full scenario before you look. The result dims when your inputs no longer match the number on screen.
Understanding your results
- Value per tick
- What the smallest possible price move is worth, at your contract count. The exchange only publishes this for ONE contract — this is that figure scaled to your actual position (the raw per-contract number is in the note under the button).
- Value per point
- What a full one-point move is worth, at your contract count. A point is a fixed number of ticks (e.g. 4 ticks of 0.25 make one point on the E-mini S&P 500), so this is the per-tick value scaled up, then scaled to your position size.
- $ at risk
- Appears once you enter a stop-loss distance: the exact dollar amount you are risking at your position size. Enter a profit-target distance instead and it shows the same math for the upside.
A worked example
Say you trade 2 contracts of the E-mini Nasdaq-100 (NQ). Its tick size is 0.25 points and its tick value is $5 per contract, so one point — four ticks — is worth $20 per contract, $40 for your 2-contract position.
You enter at 18,500.00 and exit at 18,512.50, a 12.5-point move. That is 50 ticks (12.5 ÷ 0.25), worth $5 × 50 = $250 per contract, or $500 across both contracts.
Run your own numbers above: pick the contract, set your size, and enter your stop-loss distance in points to get the exact dollar risk instead of doing the division by hand.
Tick size and tick value by contract
| Contract | Exchange | Tick size | Tick value |
|---|---|---|---|
| ES — E-mini S&P 500 | CME | 0.25 | $ 12.50 |
| MES — Micro E-mini S&P 500 | CME | 0.25 | $ 1.25 |
| NQ — E-mini Nasdaq-100 | CME | 0.25 | $ 5.00 |
| MNQ — Micro E-mini Nasdaq-100 | CME | 0.25 | $ 0.50 |
| YM — E-mini Dow ($5) | CBOT | 1 | $ 5.00 |
| MYM — Micro E-mini Dow ($0.50) | CBOT | 1 | $ 0.50 |
| RTY — E-mini Russell 2000 | CME | 0.1 | $ 5.00 |
| M2K — Micro E-mini Russell 2000 | CME | 0.1 | $ 0.50 |
| FDAX — DAX Futures | Eurex | 0.5 | € 12.50 |
| FDXM — Micro DAX Futures | Eurex | 0.5 | € 1.25 |
| CL — Crude Oil | NYMEX | 0.01 | $ 10.00 |
| MCL — Micro Crude Oil | NYMEX | 0.01 | $ 1.00 |
| NG — Natural Gas | NYMEX | 0.001 | $ 10.00 |
| GC — Gold | COMEX | 0.1 | $ 10.00 |
| MGC — Micro Gold | COMEX | 0.1 | $ 1.00 |
| SI — Silver | COMEX | 0.005 | $ 25.00 |
| SIL — Micro Silver | COMEX | 0.005 | $ 5.00 |
Specs last checked July 2026. Exchanges do occasionally re-spec a contract — confirm against the exchange or your broker before sizing a real trade.
Frequently asked questions
What is tick value in futures trading?
Tick value is the dollar amount one contract gains or loses when the price moves by the smallest increment the exchange allows — the "tick size." Both numbers are fixed by the exchange, not the broker or the prop firm, so they are the same no matter who you trade through.
What is the difference between tick size and tick value?
Tick size is a price distance (e.g. 0.25 points on the E-mini S&P 500). Tick value is a dollar amount (e.g. $12.50 for that same 0.25-point move, on one contract). Divide tick value by tick size to get the dollar value of one full point.
Why do micro contracts have a different tick value than the full-size version?
Micro contracts (MES, MNQ, MYM, M2K, MGC, MCL, SIL) trade the same tick size as their full-size counterpart but at a fraction of the contract multiplier — commonly 1/10th or 1/100th — so the tick value is scaled down the same way. It lets a trader size a position much smaller than one full-size contract.
How do I calculate my dollar risk from a stop-loss in points?
Take the number of ticks in your stop distance (the point distance divided by the tick size), multiply by the tick value, then multiply by the number of contracts. This calculator does that for you — enter your stop-loss distance above and it returns the exact dollar amount at risk.
Where this calculator stops
It converts a price move into a dollar figure using the contract's own tick size and tick value — it does not add commissions, exchange fees, or slippage, all of which reduce the number you actually see land in your account.
It also assumes the tick size and tick value listed for a contract are current. Exchanges re-spec contracts occasionally (new micro contracts, adjusted multipliers), so the table above is marked with the date it was last checked — confirm the figures against the exchange or your broker before sizing a real position.
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Djosa
Founder, QuantPropTraderI've been trading CFDs for about 18 months, and most of that was losing. What turned it around wasn't a better setup — it was measuring one simple strategy until the numbers stopped being an opinion: 20,000+ trades back-tested by script, ~2,000 by hand, and 500-1,000 forward-tested live. That's what makes a calculator like this useful instead of decorative, because it only works if the win rate and R:R you type in are numbers you've actually measured. I built these tools because the odds of passing a challenge are the one number nobody hands you before you pay for it.