How much is one point of RTY worth?
One point of RTY (E-mini Russell 2000) is worth $50 per contract. If the price moves 16 points, each contract makes or loses $800.
E-mini Russell 2000. One point is worth $50 per contract and the 0.1 minimum tick $5. CME Group specifications, the same at any broker and prop firm.
Contracts
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| Move | 1 contract | 2 contracts | 3 contracts | 5 contracts |
|---|---|---|---|---|
| 0.1 points (1 tick) | $5 | $10 | $15 | $25 |
| 1 point | $50 | $100 | $150 | $250 |
| 4 points | $200 | $400 | $600 | $1,000 |
| 8 points | $400 | $800 | $1,200 | $2,000 |
| 16 points | $800 | $1,600 | $2,400 | $4,000 |
| 40 points | $2,000 | $4,000 | $6,000 | $10,000 |
Before commissions. Profit and loss are symmetrical: the same move against you costs the same.
| Contract | Underlying | 1 point | 1 tick |
|---|---|---|---|
| RTY | E-mini Russell 2000 | $50 | $5 |
| M2K | Micro E-mini Russell 2000 | $5 | $0.50 |
| ES | E-mini S&P 500 | $50 | $12.50 |
M2K lets you size risk in steps ten times smaller than RTY: useful with small accounts or wide stops. ES tracks a different index: points are worth a different amount and the indices do not move alike, so compare risk in dollars, not points.
Points of loss one RTY contract can take before each limit. With more contracts, divide by the number of contracts.
| Program | Max loss | Points (1 contract) | Daily limit in points |
|---|---|---|---|
| Topstep Trading Combine | $2,000 | 40 | 20 |
| Apex Trader Funding EOD Evaluation | $2,000 | 40 | 20 |
| Apex Trader Funding Intraday Evaluation | $2,000 | 40 | None |
| Lucid Trading LucidFlex / LucidPro / LucidDaily | $2,000 | 40 | 24 |
| Tradeify Growth | $2,000 | 40 | 25 |
| Tradeify Select | $2,000 | 40 | None |
With a $50,000 account and 1% risk per trade, you can lose $500 if the stop is hit. With a 8-point stop (80 ticks), each RTY contract risks 8 × $50 = $400. That fits 1 contract, risking $400.
If the market is choppier and the stop needs 16 points, the risk per contract doubles and none fit: the money at stake is still $500, only the size changes. With 2% risk ($1,000) and the 8-point stop, 2 contracts fit. When not even one fits, the M2K, a tenth of the size, lets you scale down.
The tick is the smallest price move: 0.1 points on RTY. Its value is the point value times that size: $50 × 0.1 = $5, and one point has 10 ticks. To turn a stop in ticks into money, multiply the ticks by $5; to see how many points a given risk allows, divide the money by $50.
These figures are the contract specifications set by the exchange (CME Group), the same at every broker. What varies from one broker to another is the commission per contract and the margin required to open the position: check both before you trade.
One point of RTY (E-mini Russell 2000) is worth $50 per contract. If the price moves 16 points, each contract makes or loses $800.
The minimum tick is 0.1 points, worth $5 per contract. One point has 10 ticks.
Ten. M2K is the micro of RTY: it tracks the same index at one tenth of the point value ($5 versus $50).
$800 per contract: 16 points × $50. With 5 contracts, $4,000. Your broker’s commissions come on top.