Tools

Free Futures Trading Calculators

Position size, risk/reward, tick value, profit and loss, margin and contract value for 16 CME futures, including ES, MES, NQ, MNQ, CL and GC. Free, with no sign-up.

Position Size Calculator

How many contracts to trade for a fixed risk per trade.

Account size ($)

Risk per trade (%)

Contract

Stop distance (points)

Dollar risk-

Risk per contract-

Contracts (rounded down)-

Risk/Reward Calculator

Reward-to-risk ratio and dollar amounts for a planned trade.

Contract

Contracts

Entry price

Stop price

Target price

Risk-

Reward-

Reward : risk-

Break-even win rate-

Tick Value Calculator

What a move is worth, using CME contract specifications.

Contract

Contracts

Move size

Move measured in

Tick size / tick value-

Ticks moved-

Dollar value-

Profit & Loss Calculator

Net result of a closed trade after commissions.

Contract

Direction

Entry price

Exit price

Contracts

Fees per contract per side ($)

Gross P&L-

Fees (round turn)-

Net P&L-

Margin Calculator

How much of your account a position ties up. Enter your broker's margin.

Margin per contract ($)

Contracts

Account size ($)

Margin required-

Share of account-

Remaining buying power-

Margins vary by broker and change often. Check your broker's current requirements. Low margin does not mean low risk.

Contract Value Calculator

The notional value one futures contract controls at a given price.

Contract

Price

Contracts

Multiplier-

Notional value-

Treasury futures (ZN, ZB) take prices in decimal points, e.g. 110.5 for 110-16.

Contract specs from CME Group, checked November 3, 2026. Results are estimates for education only and exclude exchange and NFA fees unless entered. Not investment advice.

Prop firm and cost calculators

Trailing Drawdown Calculator

Where a prop firm account's loss limit sits after your balance peaks.

Starting balance ($)

Max drawdown ($)

Highest balance so far ($)

Current balance ($)

Drawdown stops trailing at

Loss limit level-

Room left before breach-

Drawdown locked?-

Firms calculate trailing drawdown differently (end-of-day vs intraday, unrealized P&L, lock level). Check your firm's exact rule in our prop firm reviews.

Evaluation Break-Even Calculator

How much funded profit you need to cover what you spent on evaluations.

Evaluation fee per attempt ($)

Attempts (incl. resets)

Activation fee ($)

Your profit split (%)

Total cost-

Gross funded profit to break even-

That's this many MES points-

Ignores payout minimums, buffers and data fees. There's no guarantee of passing or of a payout, so budget only what you can afford to lose.

Commission Cost Calculator

What your trading costs a month at different per-side rates.

Round turns per day

Contracts per trade

Trading days per month

Rate A, all-in per side ($)

Rate B, all-in per side ($)

Monthly cost at rate A-

Monthly cost at rate B-

Difference per year-

Enter all-in rates (commission plus exchange, NFA and routing fees). Compare broker rates in our broker comparison.

Daily Loss Limit Planner

How many full-risk trades fit inside a daily loss limit.

Daily loss limit ($)

Contract

Contracts per trade

Stop distance (points)

Risk per trade-

Full-stop losses before the limit-

Suggested stop-for-the-day (50% of limit)-

How to use these calculators

Start with the position size calculator: decide how much of your account you're willing to risk, enter your stop distance, and it tells you how many contracts fit. Then check the trade with the risk/reward calculator. The break-even win rate shows how often the trade must work to cover its losses.

New to tick values? Read Futures Contract Specs Explained or use the tick value cheat sheet.

Frequently asked questions

How do I calculate the value of a futures tick?

Multiply the tick size by the contract multiplier. For MES, 0.25 × $5 = $1.25 per tick. For ES, 0.25 × $50 = $12.50. The tick value calculator does this for 16 popular contracts.

How many contracts should I trade?

Decide how much you'll risk per trade, often 1% or less of your account, then divide by the dollar risk of one contract at your stop. The position size calculator rounds the result down so you never exceed your limit.

Do the calculators include commissions?

The profit and loss calculator includes a per-side fee you enter. The others show gross figures. Use all-in rates (commission plus exchange and NFA fees) for accurate results.

Where do the contract specs come from?

Tick sizes and multipliers come from CME Group contract specifications. Each contract guide links to its CME source.

Are the calculators free?

Yes. There's no sign-up, and the numbers you enter stay in your browser.