Futures Calculators
Free futures calculators for notional value, tick value, and position sizing. Understand your true market exposure before trading.
Futures Notional Value Calculator
EssentialCalculate total exposure, tick value, and point value for any futures contract. Supports 19 contracts across index, energy, metals, currency, and agriculture.
More futures calculators coming soon
Popular Futures Contracts
- ES – E-mini S&P 500
- NQ – E-mini Nasdaq
- YM – E-mini Dow
- RTY – E-mini Russell
- CL – Crude Oil
- NG – Natural Gas
- MCL – Micro Crude
- GC – Gold
- SI – Silver
- MGC – Micro Gold
Frequently Asked Questions
What is notional value in futures?
Notional value is the total market value of a futures position. It's calculated as Contract Multiplier × Price × Number of Contracts. For example, 1 ES contract at 5200 = $50 × 5200 = $260,000 notional value.
What is a tick in futures?
A tick is the minimum price movement for a futures contract. Each contract has a different tick size and tick value. For ES (E-mini S&P 500), one tick = 0.25 points = $12.50.
What is the contract multiplier?
The contract multiplier determines the dollar value per point of price movement. ES has a $50 multiplier, so a 1-point move = $50. NQ has a $20 multiplier. Micro contracts have smaller multipliers.
What are E-mini and Micro futures?
E-mini contracts are smaller versions of standard futures contracts. Micro contracts are even smaller (typically 1/10th of E-mini). They allow traders to participate with less capital and risk.
How much margin do I need for futures?
Margin requirements vary by contract and broker. Initial margin is typically 3-12% of notional value. Day trading margins are often lower. Always check with your broker for current requirements.