What one 6E contract is worth
The Euro FX trades on CME in increments of 0.00005. Because its point multiplier is $125,000.00, one tick is worth $6.25 and a full point is worth $125,000.00 — per contract, in both directions. Multiply by your contract count for the position.
The number that catches people out is notional value: price × $125,000.00, which is the exposure one contract actually carries, not the margin you posted to open it. Change the price above to see it for the level you're trading.
What a 6E round turn costs
We publish exchange, clearing and NFA rates only where we've verified them against a real broker cash ledger, and 6E isn't one of them yet — so the calculator says so rather than showing $0.00. That distinction matters: treating an unverified rate as zero is exactly how a futures account can look profitable on paper and shrink in reality. ExpectancyIQ can derive your own rates from your broker's Cash History export at import time.
Who trades 6E and when
Quarterly cycle. The most liquid currency future on CME, used both by traders taking a directional EUR/USD view and by anyone hedging cross-border euro exposure. Session character differs from the index and rate products — volume builds through the European morning as well as the U.S. session.
Sizing a 6E position
Contract value is only half the question. How many 6E contracts you should trade depends on your account size and stop distance — the position size calculator works that out, and the expectancy calculator tells you whether the resulting trades pay over time.