Micro Silver Futures (SIL) are 1/5th the size of the standard Silver Futures contract, providing traders with a more accessible way to gain exposure to silver prices. These smaller-sized contracts are ideal for retail traders or those looking for more precise position sizing.
Contract Size: 1,000 troy ounces
Example: This contract size allows traders to gain exposure to metals with controlled leverage and risk.
These specifications make Micro Silver (SIL) Futures suitable for traders seeking exposure to metals markets.
Micro Silver (SIL) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: SIL
To trade Micro Silver (SIL) 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 Silver (SIL) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Micro Silver (SIL) Futures (SIL):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 10.00 per 0.01 = $100
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $100 = 5 contracts