CME
Euro FX (6E) Tick Value & Contract Specs
Tick value $6.25 per tick — 125,000 Euros.
The Euro FX future (6E) is the exchange-traded way to trade EUR/USD: one contract is 125,000 euros, quoted in dollars per euro. The minimum tick is 0.00005 — half a spot-FX pip — worth $6.25 per contract, so a full pip (0.0001) is $12.50 and a 'big figure' move of one cent is $1,250 per contract. If you already think in pips, 6E's math maps across directly: one contract behaves like 1.25 standard lots of spot EUR/USD.
Traders choose futures over spot FX for central clearing, transparent exchange volume, and no rollover/swap financing embedded in the quote — differences that matter for larger accounts and US-based traders in particular. The contract trades nearly 23 hours a day and is most active during the London/New York overlap, around ECB and Fed decisions and US data releases. Use the pre-filled calculator below to turn a pip-based stop into an exact dollar figure per contract.
- Exchange
- CME
- Contract size
- 125,000 Euros
- Tick size
- 0.00005
- Tick value
- $6.25
- Point value (multiplier)
- $125000
- Trading hours
- Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 5:00pm–6:00pm ET
- Margin
- Margin varies by broker and typically moves with EUR/USD volatility.
How 6E tick value works
Tick value is the dollar amount one futures contract gains or loses when the price moves one minimum increment (one tick).
tick value = tick size × multiplier. For 6E, that is 0.00005 × $125000 = $6.25 per tick, per contract.
One contract represents 125,000 Euros. P&L for a move from entry to exit is (exit − entry) ÷ tick size × tick value × contracts.
Frequently asked questions
- What is the tick value for 6E?
- $6.25 per tick — a 0.00005 tick size × a $125000 multiplier (point value).
- What is one 6E contract worth?
- One contract represents 125,000 Euros. Notional value = price × $125000; use the tick value calculator with the current price for an exact figure.
- Which exchange lists 6E?
- Euro FX (6E) trades on the CME.
- What are the trading hours for 6E?
- Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 5:00pm–6:00pm ET.
- How much margin do I need to trade 6E?
- Margin varies by broker and typically moves with EUR/USD volatility.
- How is P&L calculated for 6E?
- P&L = (exit price − entry price) ÷ 0.00005 tick size × $6.25 tick value × number of contracts. Use the tick value calculator to compute this directly.
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See all futures contract specs or use the futures contract & tick value calculator with any symbol or custom specs.
Specs last reviewed 2026-06-01. Exchanges can amend contract specs — always confirm against the exchange or your broker before trading.