Equity index futures · CME
MESMicro E-mini S&P 500
One MES tick is 0.25 index points, worth $1.25 per contract. One point is worth $5.
Contract specifications
| Specification | MES |
|---|---|
| Contract | Micro E-mini S&P 500 |
| Exchange | CME |
| Contract size | $5 x the S&P 500 index |
| Minimum tick | 0.25 index points |
| Tick value | $1.25 |
| Point value | $5 |
One tenth of the E-mini S&P 500. The same chart and the same hours at a tenth of the risk per tick, which makes it the contract of choice for sizing precisely on smaller accounts.
Full-size contract: ES - E-mini S&P 500, $12.50 per tick.
How much room a funded account gives you on MES
Every Get Funded Now futures account has a 3% maximum drawdown. Divided by MES's $1.25 tick, that is how far one contract can move against you before the account is breached. Trading your full position limit divides that room by the number of contracts.
| Account | Max drawdown | Ticks of room, 1 MES | Max contracts | Ticks of room, max MES |
|---|---|---|---|---|
| $25,000 | $750 | 600 | 2 | 300 |
| $50,000 | $1,500 | 1,200 | 4 | 300 |
| $75,000 | $2,250 | 1,800 | 5 | 360 |
| $100,000 | $3,000 | 2,400 | 6 | 400 |
| $150,000 | $4,500 | 3,600 | 9 | 400 |
Size a trade from your stop with the futures position size calculator, or see how end-of-day trailing drawdown works.
Specifications are set by the exchange and are published here for reference. Check the futures rules for the instruments available on your account.
Questions
What is the tick value of MES?
One MES tick (0.25 index points) is worth $1.25 per contract.
How much is one point on MES?
A full one-point move is worth $5 per contract.
What does one MES contract represent?
$5 x the S&P 500 index, traded on CME.
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100% profit split
Weekly payouts
No daily loss limit
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