Equity index futures · CME
NQE-mini Nasdaq-100
One NQ tick is 0.25 index points, worth $5 per contract. One point is worth $20.
Contract specifications
| Specification | NQ |
|---|---|
| Contract | E-mini Nasdaq-100 |
| Exchange | CME |
| Contract size | $20 x the Nasdaq-100 index |
| Minimum tick | 0.25 index points |
| Tick value | $5 |
| Point value | $20 |
Tracks the 100 largest non-financial Nasdaq stocks, so it is heavily weighted to big tech. It moves more points per day than ES, which is why it is popular with momentum traders - and why it eats drawdown faster.
Micro contract: MNQ - Micro E-mini Nasdaq-100, $0.50 per tick.
How much room a funded account gives you on NQ
Every Get Funded Now futures account has a 3% maximum drawdown. Divided by NQ's $5 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 NQ | Max contracts | Ticks of room, max NQ |
|---|---|---|---|---|
| $25,000 | $750 | 150 | 2 | 75 |
| $50,000 | $1,500 | 300 | 4 | 75 |
| $75,000 | $2,250 | 450 | 5 | 90 |
| $100,000 | $3,000 | 600 | 6 | 100 |
| $150,000 | $4,500 | 900 | 9 | 100 |
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 NQ?
One NQ tick (0.25 index points) is worth $5 per contract.
How much is one point on NQ?
A full one-point move is worth $20 per contract.
What does one NQ contract represent?
$20 x the Nasdaq-100 index, traded on CME.
Launching 12 Nov
Your futures accountis 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.
100% profit split
Weekly payouts
No daily loss limit
One-time fee