Symbols & Products
MNQ (Micro E-mini Nasdaq-100)
The micro-sized Nasdaq-100 futures contract, one tenth of NQ. $2 per point, $0.50 per tick. NQ movement with survivable risk on small accounts.
In plain English
MNQ delivers the Nasdaq-100's big point ranges at $2 per point, making it the most popular micro at prop firms: traders get NQ's travel without NQ's account-ending dollar swings.
A 100 point MNQ move is $200 per contract versus $2,000 on NQ. That difference is why funded traders protecting a payout buffer often size down to MNQ around news windows.
- Long 5 MNQ through a 40 point rally earns 40 x $2 x 5 = $400; the same trade in NQ would be $4,000 of exposure swing.