---
title: "MGC Tick Value - Micro Gold Futures Contract Specs - Get Funded Now"
description: "Micro Gold (MGC) futures: $0.10 per troy ounce tick worth $1, $10 per point. Contract size, exchange, and how many ticks of drawdown a funded account gives you."
url: "https://getfundednow.com/futures/contracts/mgc-micro-gold"
language: "en"
last_modified: "2026-10-29"
publisher: "Get Funded Now (getfundednow.com)"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Metals futures · COMEX

# MGC Micro Gold

One MGC tick is $0.10 per troy ounce, worth $1 per contract. One point is worth $10.

## Contract specifications

| Specification | MGC |
| --- | --- |
| Contract | Micro Gold |
| Exchange | COMEX |
| Contract size | 10 troy ounces of gold |
| Minimum tick | $0.10 per troy ounce |
| Tick value | $1 |
| Point value | $10 |

One tenth of the standard gold contract: $1 a tick.

Full-size contract: [GC - Gold](https://getfundednow.com/futures/contracts/gc-gold), $10 per tick.

## How much room a funded account gives you on MGC

Every Get Funded Now futures account has a 3% maximum drawdown. Divided by MGC's $1 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 MGC | Max contracts | Ticks of room, max MGC |
| --- | --- | --- | --- | --- |
| $25,000 | $750 | 750 | 2 | 375 |
| $50,000 | $1,500 | 1,500 | 4 | 375 |
| $75,000 | $2,250 | 2,250 | 5 | 450 |
| $100,000 | $3,000 | 3,000 | 6 | 500 |
| $150,000 | $4,500 | 4,500 | 9 | 500 |

Size a trade from your stop with the [futures position size calculator](https://getfundednow.com/futures/tools/futures-position-size-calculator), or see [how end-of-day trailing drawdown works](https://getfundednow.com/futures/end-of-day-drawdown).

Specifications are set by the exchange and are published here for reference. Check the [futures rules](https://getfundednow.com/futures/rules) for the instruments available on your account.

## Questions

### What is the tick value of MGC?

One MGC tick ($0.10 per troy ounce) is worth $1 per contract.

### How much is one point on MGC?

A full one-point move is worth $10 per contract.

### What does one MGC contract represent?

10 troy ounces of gold, traded on COMEX.

Launching 12 Nov

## Your futures account is two weeks away

See the plans now and pick your size. Checkout opens on launch day - or buy any forex challenge today and get the same-size futures account free.

[View futures plans](https://getfundednow.com/futures/challenges) · [Read the futures rules](https://getfundednow.com/futures/rules)

100% profit split

Weekly payouts

No daily loss limit

One-time fee

---

Source: https://getfundednow.com/futures/contracts/mgc-micro-gold
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt