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FREE FUTURES CONTRACT CONVERTER

Micro vs Mini Contract Converter

Convert a mini-futures position into an approximate micro-contract equivalent using the exact tick values supplied for both products.

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CALCULATOR INPUTS

Enter your planning values

CALCULATED OUTPUT

Your planning estimate

Enter or adjust the values, then select Calculate results.

STEP-BY-STEP

How to use this tool

  1. Identify the paired mini and micro contracts for the same underlying market.
  2. Copy the current dollar tick value for each exact symbol.
  3. Enter the number of mini contracts being converted.
  4. Add the common stop distance to compare dollar risk, not only contract count.
  5. Enter a candidate micro quantity and compare its stop risk with the mini position.
  6. Use whole contracts and verify liquidity, fees, margin, and product specifications separately.
WORKED EXAMPLE

See the calculation in context

If the mini tick value is $12.50 and the micro tick value is $1.25, the value ratio is 10:1. One mini has approximately the same tick exposure as ten micros.

Calculation method

Micro contracts per mini = mini tick value ÷ micro tick value. Exact micro equivalent = mini quantity × that ratio. Stop risk = contracts × stop ticks × contract tick value.

AVOID THESE ERRORS

Common mistakes

  1. Assuming every micro is exactly one tenth of a mini
  2. Comparing contracts with different underlyings
  3. Using point values in one field and tick values in the other
  4. Rounding the equivalent upward and increasing risk
  5. Ignoring higher total fees from more micro contracts
  6. Comparing notional exposure without the same stop distance
FREQUENTLY ASKED

Questions and answers

Why use tick values for the conversion?

Tick values provide a direct comparison of dollar movement for matching price increments.

Can the result be a fractional micro contract?

The exact mathematical equivalent can be fractional, but exchange-traded futures use whole contracts, so the tool also shows a rounded-down quantity.

Are ten micros always cheaper than one mini?

Not necessarily. Margin, spread, commissions, liquidity, and slippage must all be compared.

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USEFUL NEXT TOOLS

Continue the workflow

FREE TOOLContract Quantity CalculatorCalculate a conservative whole-contract futures quantity from account balance, risk percentage, stop distance, tick value, and per-contract fees.FREE TOOLFutures Point Value CalculatorConvert a futures contract’s tick size and tick value into dollar value per point and total position sensitivity.FREE TOOLTick-to-Dollar ConverterConvert futures ticks into gross and net dollar movement for a whole-contract position using an entered tick value, direction, fees, and slippage.FREE TOOLFutures Margin EstimatorEstimate initial, maintenance, and intraday futures margin for a whole-contract position and compare each requirement with available account equity.
Educational-use notice.

Outputs are planning estimates, not investment advice or guarantees. Verify instrument specifications, fees, prices and binding prop-firm rules with the relevant official source before relying on any result.