Source: https://whitepips.com/tools/futures-tick-value-calculator Summary: Free futures tick value calculator for ES, NQ, YM, RTY, CL, GC and their micros: profit or loss for any move, and how far your plan's limit is in ticks. Last updated: 2026-10-28 # Futures tick value calculator Profit or loss on a futures move = ticks × tick value × contracts. Pick a CME contract and a WhitePips plan to see what a move is worth and how many ticks the plan's limits allow. - **$12.50** one ES tick (0.25) - **$5.00** one NQ tick (0.25) - **1/10** a micro of its mini Your figures Contract Contracts Move _points_ Contracts Move WhitePips futures plan The result Profit or loss **—** This move against the daily loss limit **—** 0 — This move against the max loss limit **—** 0 — Ticks in the move **—** One point, per contract **—** Plan's position limit **—** Ticks to the daily loss limit **—** Ticks to the max loss limit **—** ## How it is calculated P&L = (points moved ÷ tick size) × tick value × number of contracts ### Count the ticks A futures price moves in ticks, the smallest step the exchange allows: points moved ÷ tick size. 20 NQ points ÷ 0.25 = 80 ticks. ### Price the ticks Each tick has a fixed dollar value set by CME Group: 80 ticks × $5 = $400 per contract. A micro is exactly one tenth of its mini. ### Multiply by the contracts 2 NQ contracts: $800. The same move on 2 MNQ is $80. ### Tick values, from the exchange ES · E-mini S&P 500 **0.25 = $12.50** (one point is $50; MES $1.25 a tick) NQ · E-mini Nasdaq 100 **0.25 = $5.00** (one point is $20; MNQ $0.50 a tick) CL · crude oil **0.01 = $10.00** (a $1 move is $1,000; MCL $1.00 a tick) GC · gold **0.10 = $10.00** (a $1 move is $100; MGC $1.00 a tick) Worked example ### Against a $50K WhitePips futures plan On a $50K One Step the evaluation's Maximum Loss Limit is $2,000 (EOD Trailing) and the position limit is 4 Mini | 40 Micro; a micro is one tenth of a mini, so the limit is the same exposure written twice. On a $50K Instant the Maximum Loss Limit is $2,500. Exceeding the position limit once is a warning; a second time puts the account under review. 2 NQ, a 20-point move **$800** (80 ticks × $5 × 2) 2 MNQ, the same move **$80** One Step $50K · Maximum Loss Limit **$2,000** (EOD Trailing) One Step $50K · position limit **4 Mini | 40 Micro** Instant $50K · Maximum Loss Limit **$2,500** (Intraday) The WhitePips rule it meets ### Maximum Position Size Each futures plan caps the contracts held at once, written as minis and micros (4 Mini | 40 Micro on a $50K One Step). Exceeding it once is a warning; a second time puts the account under review. [The rule, explained](https://whitepips.com/rules#rule-futures-maximum-position-size) [Futures accounts](https://whitepips.com/futures) For education. The results are arithmetic on the figures you enter; the contract specification, prices and commission on your platform decide real results. Nothing here is financial advice, and trading leveraged products can lose money. ## Futures tick value calculator: questions **How much is one point on ES and NQ?** ES: $50 a point ($12.50 a tick of 0.25). NQ: $20 a point ($5 a tick). The micros MES and MNQ are one tenth: $5 and $2 a point. **How many micros equal one mini?** Ten. A micro contract is exactly one tenth of the mini, so WhitePips writes each position limit both ways, for example 4 Mini | 40 Micro. **Are tick values the same at every firm?** Yes. They are CME Group's contract specifications. What a firm sets is how many contracts you may hold, the loss limits and the trading hours. **When are futures positions closed on WhitePips?** At 3:55 PM Chicago time, every session and before the weekend; there is no overnight holding on the futures plans. ## More free tools [Risk **Drawdown and recovery calculator** The gain that recovers a loss, and how many losing trades in a row a plan's limits allow. Open the tool](https://whitepips.com/tools/drawdown-calculator) [Risk **Risk-reward calculator** R multiple, breakeven win rate and expectancy from entry, stop and target. Open the tool](https://whitepips.com/tools/risk-reward-calculator) [Markets **Forex market hours** Which sessions are open now, in your time zone, with the overlaps and the Friday close. Open the tool](https://whitepips.com/tools/forex-market-hours) Read next [Futures tick values](https://whitepips.com/blog/futures-tick-values) [The futures evaluation explained](https://whitepips.com/blog/the-futures-evaluation-explained) [Futures accounts](https://whitepips.com/futures) [Every futures contract](https://whitepips.com/symbols) ## Put the numbers to work Every plan, size and price, with the rules printed before you buy. No time limit on any evaluation. [See the plans](https://whitepips.com/#plans) [Trading calculator](https://whitepips.com/calculator) --- WhitePips provides skill-based trading evaluations on simulated accounts; payouts are real money based on simulated performance. Nothing here is financial advice or a promise of profit, passing an evaluation does not guarantee funding, payouts or income, and trading leveraged products carries significant risk. Not offered in the restricted jurisdictions listed at https://whitepips.com/legal/restricted-jurisdictions.