M6E

Micro Euro FX (M6E) Futures Contract Specifications

Currencies

Micro Euro FX Futures (M6E) are 1/10th the size of the standard Euro FX contract, making EUR/USD trading accessible to smaller accounts. They provide the same exposure to the EUR/USD exchange rate with reduced capital requirements.

Contract Specifications

Detailed specifications for trading this futures contract

Contract Size

12,500 EUR

Tick Size

0.0001 per EUR ($0.0001)

Tick Value

$1.25 per tick

Point Value

$1.25 per point ($0.0001 per EUR)

Trading Hours

Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT)

Platform Symbol

M6E

Margins

Check with your broker for the latest margin rates and details

Why Trade Micro Euro FX (M6E) Futures?

Key benefits and characteristics of this futures contract

1/10th the size of standard Euro FX contract

Lower margin requirements

Exposure to EUR/USD exchange rate

Ideal for smaller accounts and beginners

High liquidity and tight spreads

Extended trading hours

Position Sizing for Micro Euro FX (M6E) Futures

Example calculation for proper position sizing based on risk tolerance

For Micro Euro FX (M6E):

Tick Size: 0.0001 per EUR ($0.0001)

Tick Value: $1.25 per tick

Point Value: $1.25 per point ($0.0001 per EUR)

If you want to risk $500 with a 40-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 40 × 1.25 ($0.0001 per EUR) = $ 50

Maximum Contracts = Risk Amount ÷ Risk per Contract = $ 500 ÷ $ 50 = 10 contract s