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Futures position size calculator

How many contracts your stop allows — with the tick values of the main CME futures built in, and a check against your prop firm's daily loss limit.

Tools › Position size calculator

Nothing leaves your browser. Tick values are the standard CME specs — check them against your broker before trading.

Contract specs used here

ContractNameTick sizeTick valuePer point
MNQMicro E-mini Nasdaq 1000.25$0.50$2
NQE-mini Nasdaq 1000.25$5.00$20
MESMicro E-mini S&P 5000.25$1.25$5
ESE-mini S&P 5000.25$12.50$50
MGCMicro Gold0.10$1.00$10
GCGold0.10$10.00$100
MCLMicro Crude Oil0.01$1.00$100
CLCrude Oil0.01$10.00$1,000
MYM / YMMicro & E-mini Dow1$0.50 / $5$0.50 / $5
M2K / RTYMicro & E-mini Russell 20000.10$0.50 / $5$5 / $50

Silver, natural gas, EUR/USD and micro Bitcoin are in the dropdown too, plus a custom contract.

Sizing on a funded account is not sizing on your own money

On a personal account you can risk 1% and live with a bad week. On a $50K evaluation with a $2,000 trailing drawdown and a $1,000 daily loss limit, 1% of the balance is a quarter of everything you have — two bad trades and the day is over, four and the account is.

The useful denominator is the rule, not the balance: size so that a loss costs a defined slice of your daily loss limit, and so that a bad day still leaves drawdown room for tomorrow.

See the rule, not just the size

Propbook keeps your remaining drawdown and daily-loss room live for every account, so the number you size against is today's, not last week's.

Open Propbook →

Position sizing — FAQ

How do I size a futures trade for a prop firm account?

Decide the dollar amount you accept to lose on the trade — on a funded account that is usually a fraction of your daily loss limit, not of the account size. Divide it by the loss of one contract at your stop distance, then round down. One contract that already exceeds your risk means the stop is too wide, or you should be trading the micro.

What is the tick value of MNQ, MES and MGC?

MNQ moves $0.50 per 0.25-point tick ($2 per point). MES moves $1.25 per 0.25-point tick ($5 per point). MGC moves $1 per $0.10 tick ($10 per point). The calculator carries these values for the main CME contracts, and you can type your own.

Should I risk a percentage of the account or of the drawdown?

On a prop account the number that kills you is the drawdown, not the balance. Risking 1% of a $50K account is $500 — a quarter of a $2,000 trailing drawdown on a single trade. Sizing against your remaining drawdown room, or against your daily loss limit, is far closer to how these accounts actually fail.

Does it work for micro contracts?

Yes. Micros are the whole point of the calculator on small evaluations: on a 25K account the difference between MNQ and NQ is the difference between five losing trades and one.

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