It is called SPI200 at Vantage and AUS200 at Axi. At both, 1 lot is worth 1 Australian dollar per point and the minimum lot is 0.1.
Position size
0.00 lots
Exact lot size —
Actual risk
—
Target profit
—
Pip value (1 lot)
—
Required margin
—
Trade diagram
Live market
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How it is calculated
AUS200 point value
Size
Lots
Units
Point value
Standard
1.00
1
1.00 AUD
Mini
0.10
0.10
0.10 AUD
Micro
0.01
0.01
0.01 AUD
AUS200: 1 point = 1 in price. Values in AUD, the currency it is quoted in; the calculator converts them to your account currency. With a contract size of 1 per lot, the most common one; check your broker’s.
Contract size and minimum lot checked on against the Vantage and Axi specifications.
Example
A $10,000 account, 1% risk ($100) and a stop 25 points away. Each point is worth 1.00 AUD per lot, so the stop costs 25.00 AUD per lot: 100 ÷ 25.00 = 4.00 lots.
Frequently asked questions
How much is one point worth on AUS200?
On AUS200, 1 point is a move of 1 in the price. With 1 lot (contract size 1) it is worth A$1; with 0.10 lots, A$0.10, and with 0.01 lots, A$0.01. As AUS200 is quoted in AUD, the calculator converts it to your account currency at the ECB exchange rate.
How many AUS200 lots should I open to risk A$100 with a 25-point stop?
With a 25-point stop, each lot loses A$25. To risk A$100: 100 ÷ 25.00 = 4.0000 lots, which rounded down to the 0.10 step is 4.00 lots.
What is the minimum lot size on AUS200?
It depends on the broker, like the contract size. The calculator starts from a 0.10 minimum lot and a contract of 1 per lot; you can change both in “Broker settings”. In MT4/MT5, right-click the symbol → Specification.
What leverage and margin does AUS200 need?
For retail clients in the EU, ESMA caps AUS200 at 1:20. At a price of 8,700, 1 lot controls A$8,700 and needs about A$435 of margin.