British Pound Futures (6B) provide traders with exposure to the GBP/USD exchange rate. These contracts allow traders to speculate on the value of the British Pound relative to the U.S. Dollar or hedge currency risk in international business operations.
Contract Size: 62,500 British Pounds
Example: This contract size allows traders to gain exposure to currencies with controlled leverage and risk.
These specifications make British Pound (6B) Futures suitable for traders seeking exposure to currencies markets.
British Pound (6B) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: 6B
To trade British Pound (6B) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading British Pound (6B) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For British Pound (6B) Futures (6B):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 62.50 per 0.01 = $625
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $625 = 0 contracts