Tap into the same benefits of our larger, liquid G10 futures used by professional FX traders for a fraction of the initial up-front margin.
Get nearly 24-hour trading, pay no management fee, go short as easy as you go long, and more.
Averaging $6.6 trillion* traded per day, foreign exchange is the world’s largest market. That represents big potential for your trading.
Micro FX futures let you dip into this market using contracts backed by CME Clearing, so you don’t have to worry about the other side of the trade falling through. Every CME FX trade is CFTC-regulated, supervised and backed by CME Market Regulation to ensure integrity.
* Source: BIS, 2019 Triennial Central Bank Survey of turnover in OTC FX market.
Control a larger contract value with a smaller amount of money upfront – that’s the power of leverage inherent in futures.
Capital efficiency means you can enjoy potentially greater upside and lower trading costs compared to a basket of company stocks or ETFs.
Watch Dave Lerman as he reviews what every active trader should know about CME Group suite of micro and mini futures products.
As you get ready to start trading these smaller-sized futures contracts, find out everything you need to know.
In the webinar, Dave will share:
|Micro AUD/USD||Micro CAD/USD||Micro CHF/USD||Micro EUR/USD||Micro GBP/USD||Micro INR/USD||Micro JPY/USD|
|UNDERLYING CURRENCY||Australian dollars||Canadian dollars||Swiss francs||Euros||British pounds||Indian rupees||Japanese yen|
|CONTRACT SIZE||10,000 Aussie dollars||10,000 Canadian dollars||12,500 francs||12,500 euros||6,250 pounds||1M rupee||1.25M yen|
|RATIO TO STANDARD CONTRACT||1/10||1/10||1/10||1/10||1/10||1/10||1/10|
|MINIMUM TICK/ PRICE FLUCTUATION||0.0001 USD per AUD||0.0001 USD per CAD||0.0001 USD per CHF||0.0001 USD per EUR||0.0001 USD per GBP||0.01 USD per INR||0.000001 USD per JPY|
|DOLLAR VALUE OF ONE TICK||$1 per contract||$1 per contract||$1.25 per contract||$1.25 per contract||$0.625 per contract||$1 per contract||$1.25 per contract|
|TRADING HOURS||Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT|
See how futures compare to other FX trading instruments, such as CFDs and cash forex.
But liquidity is highly fragmented globally
|Regulated, centralized marketplace?||
See same prices, quotes, trades as everyone else
Broker is lone counterparty
Trades are exposed to counterparty and execution risk
|Fully disclosed fees/financing costs||
All prices are built into the spread
Daily interest charged on open positions, plus can be a markup on long positions
Spreads often built into prices, varying margin/credit charges subject to counterparty
|Nearly 24-hour trading access|
|Safety & Security||
Trades are CFTC regulated, CME Market Reg supervised, CME Clearing backed and guaranteed with risk shared among clearing members
Broker is lone counterparty – exposed to higher counterparty risk
|Availability by Regulation||
Available in over 150 countries
Banned in many countries including the US and Britain