What one RTY contract is worth
The E-mini Russell 2000 trades on CME in increments of 0.1. Because its point multiplier is $50.00, one tick is worth $5.00 and a full point is worth $50.00 — per contract, in both directions. Multiply by your contract count for the position.
The number that catches people out is notional value: price × $50.00, 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.
RTY vs M2K
RTY is the full-size contract. M2K (Micro E-mini Russell 2000) is the micro at one tenth the size — $5.00 per point against $50.00. Most retail accounts size in the micro so a normal stop distance doesn't force an oversized position.
What an RTY round turn costs
We publish exchange, clearing and NFA rates only where we've verified them against a real broker cash ledger, and RTY 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.
Sizing an RTY position
Contract value is only half the question. How many RTY 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.