Micro Euro FX (M6E) Futures Contract Specifications

What Are Micro Euro FX (M6E) Futures?

Micro Euro FX Futures (M6E) are 1/10th the size of the standard Euro FX Futures, offering traders a more accessible way to gain exposure to the EUR/USD exchange rate. These smaller contracts are ideal for retail traders or those looking for more precise position sizing.

Contract Size

Contract Size: 12,500 Euros

Example: This contract size allows traders to gain exposure to currencies with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: 0.0001 USD per Euro (1 pip)
  • Tick Value: $1.25 per tick
  • Point Value: $12.50 per 0.01

These specifications make Micro Euro FX (M6E) Futures suitable for traders seeking exposure to currencies markets.

Trading Hours

Micro Euro FX (M6E) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Sunday to Friday, nearly 24 hours a day with a short break
  • Time Zone: Central Time (CT)

Trading Symbol

Platform Symbol: M6E

Margins

To trade Micro Euro FX (M6E) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Micro Euro FX (M6E) Futures?

  • Lower capital requirements than standard Euro FX contracts
  • Perfect for smaller accounts or precise position sizing
  • Same trading hours and price movements as the standard contract
  • Ideal for new traders learning currency futures trading
  • Allows for more granular risk management in EUR/USD exposure

Position Sizing for Micro Euro FX (M6E) Futures

Proper position sizing is crucial when trading Micro Euro FX (M6E) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Micro Euro FX (M6E) Futures (M6E):

  • Tick Size: 0.0001 USD per Euro (1 pip)
  • Tick Value: $1.25 per tick
  • Point Value: $12.50 per 0.01

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 12.50 per 0.01 = $125

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $125 = 4 contracts