NQ Tick Value Calculator – E-mini Nasdaq
E-mini Nasdaq-100 futures (NQ) on CME: $20 × Nasdaq-100 index per contract, one tick = 0.25 index points = $5.00. Pre-set for NQ: work out profit and loss in ticks and dollars, or how many contracts fit your risk.
1 tick = 0.25 = $5.00. 1 point = $20.00.
Optional. Per contract, round turn, with exchange fees.
Contract specs: NQ, $20 × Nasdaq-100 index
- Exchange
- CME (CME Group), settled in USD
- Contract unit
- $20 × Nasdaq-100 index
- Tick size
- 0.25
- Tick value
- $5.00 per contract
- Point value
- $20.00 per 1.0 move (4 ticks)
- Micro
- 10 MNQ = 1 NQ
Outright minimum tick from CME Group's contract specifications, checked October 2026. Spread trades use smaller ticks. Your broker or prop firm adds its own commission and fees.
Profit
+$2,000.00
Example prices. Enter your own entry and exit.
Points
+50.00
in your favour
Ticks
+200
0.25 per tick
Per contract
+$1,000.00
before commission
Notional value
$720,000.00
at entry, 2 NQ
Tick value
$10.00
2 × $5.00
Point value
$40.00
per 1.0 move, 2 NQ
Show the math
- Points
18,050.00 − 18,000.00 = 50.00 - Ticks = points ÷ tick size
50.00 ÷ 0.25 = 200 - Point value = tick value ÷ tick size
$5.00 ÷ 0.25 = $20.00 - P&L = ticks × tick value × contracts
200 × $5.00 × 2 = +$2,000.00 - Notional value = entry × point value × contracts
18,000.00 × $20.00 × 2 = $720,000.00
Quick answer
One NQ tick is 0.25 index points and is worth $5.00 per contract; one full point (4 ticks) is $20.00. 10 MNQ = 1 NQ, so one MNQ tick is worth $0.50.
NQ tick value table
| Ticks | Points | 1 contract | 2 contracts | 5 contracts | 10 contracts |
|---|---|---|---|---|---|
| 1 | 0.25 | ±$5.00 | ±$10.00 | ±$25.00 | ±$50.00 |
| 4 | 1 | ±$20.00 | ±$40.00 | ±$100.00 | ±$200.00 |
| 10 | 2.5 | ±$50.00 | ±$100.00 | ±$250.00 | ±$500.00 |
| 20 | 5 | ±$100.00 | ±$200.00 | ±$500.00 | ±$1,000 |
| 50 | 12.5 | ±$250.00 | ±$500.00 | ±$1,250 | ±$2,500 |
| 100 | 25 | ±$500.00 | ±$1,000 | ±$2,500 | ±$5,000 |
NQ point value table
| Points | Ticks | 1 contract | 2 contracts | 5 contracts | 10 contracts |
|---|---|---|---|---|---|
| 1 | 4 | ±$20.00 | ±$40.00 | ±$100.00 | ±$200.00 |
| 10 | 40 | ±$200.00 | ±$400.00 | ±$1,000 | ±$2,000 |
| 25 | 100 | ±$500.00 | ±$1,000 | ±$2,500 | ±$5,000 |
| 50 | 200 | ±$1,000 | ±$2,000 | ±$5,000 | ±$10,000 |
| 100 | 400 | ±$2,000 | ±$4,000 | ±$10,000 | ±$20,000 |
NQ vs MNQ
10 MNQ = 1 NQ. Both contracts track the same market at the same price; only the size, and so the dollar value of each tick, differs.
| NQ | MNQ | |
|---|---|---|
| Contract | E-mini Nasdaq-100 | Micro E-mini Nasdaq-100 |
| Contract unit | $20 × Nasdaq-100 index | $2 × Nasdaq-100 index |
| Tick size | 0.25 index points | 0.25 index points |
| Tick value | $5.00 | $0.50 |
| Point value | $20.00 | $2.00 |
| 25-point move, 1 contract | $500.00 | $50.00 |
| Notional at 18,000 (example) | $360,000 | $36,000 |
| Same exposure | 1 NQ | 10 MNQ |
NQ contract specification
| Specification | Value |
|---|---|
| Contract | E-mini Nasdaq-100 |
| Symbol | NQ |
| Exchange | CME (CME Group), settled in US dollars |
| Contract unit | $20 × Nasdaq-100 index |
| Tick size | 0.25 index points |
| Tick value | $5.00 per contract |
| Point value | $20.00 per contract (4 ticks) |
| Micro contract | 10 MNQ = 1 NQ |
| Contract months | Quarterly: March, June, September and December (month codes H, M, U and Z). |
| Trading hours | CME Globex, Sunday 6:00 p.m. to Friday 5:00 p.m. New York time, with a daily break from 5:00 to 6:00 p.m. Holiday hours are shorter. |
| Example price | 18,000 (an example, not a live quote) |
| Notional value at the example price | $360,000 |
| Margin | Set by CME Group and your broker; check the current figure with your broker |
Contract value, hours and margin
Notional value = price × point value. At an example price of 18,000, which is not a live quote, one NQ ($20 × Nasdaq-100 index) has a notional value of 18,000 × $20.00 = $360,000. Multiply your own price by $20.00 for the current value.
NQ trades on CME Globex from Sunday 6:00 p.m. to Friday 5:00 p.m. New York time, with a daily break from 5:00 to 6:00 p.m. Holiday hours are shorter. Volume is highest during the US stock market session, 9:30 a.m. to 4:00 p.m. New York time, and spikes at the 9:30 open.
Margin is not a fixed number. CME Group sets the initial and maintenance margin for NQ and changes it when volatility changes; brokers and prop firms can require more, and many offer a lower day-trading margin. Check the current requirement with your broker before you size a trade.
Trading Nasdaq 100 (NAS100) as a CFD instead of futures? CFD contract sizes are set by each broker; use the NAS100 pip calculator or the NAS100 lot size calculator.
Frequently asked questions
How much is one NQ tick worth?
One NQ tick is a move of 0.25 index points and is worth $5.00 per contract. A full point (4 ticks) is worth $20.00 per contract. On 5 contracts a tick is $25.00.
How many ticks are in a point on NQ?
4. NQ moves in steps of 0.25 index points, so one index point is 1 ÷ 0.25 = 4 ticks, worth 4 × $5.00 = $20.00 per contract.
What is the difference between NQ and MNQ?
Both track the same market at the same price. 10 MNQ = 1 NQ: NQ is $20 × Nasdaq-100 index and is worth $5.00 per tick, while MNQ is $2 × Nasdaq-100 index and is worth $0.50 per tick. A 25-point move is $500.00 on one NQ and $50.00 on one MNQ. The micro lets you size in tenths of the full contract.
How do I calculate NQ profit and loss?
Divide the price move by the tick size to get ticks, then multiply by the tick value and the number of contracts: P&L = ticks × $5.00 × contracts. Long 2 NQ from 18,000 to 18,025: 25 index points = 100 ticks, and 100 × $5.00 × 2 = $1,000. Subtract your round-turn commission per contract for the net result.
How much margin do I need to trade NQ?
There is no fixed figure. CME Group sets the initial and maintenance margin for NQ and changes it as volatility changes, and your broker or prop firm can ask for more or offer a lower day-trading margin. Check the current requirement with your broker. For scale, at an example price of 18,000 one NQ controls $360,000.
Is the NQ tick value the same at every broker?
Yes. The tick size and tick value are set by the exchange, so one NQ tick is $5.00 at every futures broker and prop firm. Commissions, exchange fees and margin differ.
Risk warning: Futures are leveraged: a small price move can cost more than the margin you posted. The tools and information on this page are for education and are not financial advice.
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