Micro E-mini Nasdaq-100 Futures (MNQ) are 1/10th the size of the standard E-mini Nasdaq-100 Futures, offering traders a more accessible way to gain exposure to the technology-heavy Nasdaq-100 Index. These smaller contracts are ideal for retail traders or those looking for more precise position sizing.
Contract Size: $2 multiplied by the Nasdaq-100 Index value
Example: This contract size allows traders to gain exposure to stock indices with controlled leverage and risk.
These specifications make Micro E-mini Nasdaq-100 (MNQ) Futures suitable for traders seeking exposure to stock indices markets.
Micro E-mini Nasdaq-100 (MNQ) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: MNQ
To trade Micro E-mini Nasdaq-100 (MNQ) 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 Micro E-mini Nasdaq-100 (MNQ) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Micro E-mini Nasdaq-100 (MNQ) Futures (MNQ):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 2.00 per point = $20
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $20 = 25 contracts