One MNQ tick (0.25 index points) is worth $0.50, and one full point is worth $2. MNQ is one tenth the size of NQ, which is why prop firms often let you trade 10 micros for every mini.
MNQ tick value
MNQ vs NQ
| Symbol | Contract | Tick size | Tick value | Point value |
|---|---|---|---|---|
| MNQ | Micro E-mini Nasdaq-100 | 0.25 index points | $0.50 | $2.00 |
| NQ | E-mini Nasdaq-100 | 0.25 index points | $5.00 | $20.00 |
| MES | Micro E-mini S&P 500 | 0.25 index points | $1.25 | $5.00 |
| ES | E-mini S&P 500 | 0.25 index points | $12.50 | $50.00 |
Source: CME Group rulebook MNQ, NQ, MES, ES. Checked October 2026.
What a typical MNQ trade risks
A 20-point stop on one MNQ contract is 80 ticks, or $40. On five contracts it is $200. On a 50K evaluation with a $2,000 max loss, that is 10% of your entire drawdown on one trade. Use the position size calculator to size from your stop instead of picking a contract count first.
Questions traders ask
How much is 1 point on MNQ?
One point on MNQ is worth $2 per contract. A 10-point move is $20 per contract.
How many MNQ equal one NQ?
Ten. NQ is $20 per point and MNQ is $2 per point.
What is the MNQ tick size?
0.25 index points, worth $0.50.