Futures Profit Calculator
MGC Profit Calculator
Use this free MGC profit calculator to estimate profit and loss for Micro Gold futures trades. MGC moves in 0.10 ticks, with each tick worth $1.00. One full point is worth $10.00 per contract.
The main futures profit calculator lets you enter entry price, exit price, trade direction, number of contracts, commissions, and slippage.
MGC futures contract basics
Contract: Micro Gold futures
Symbol: MGC
Tick size: 0.10
Tick value: $1.00
Point value: $10.00
Example: 10 MGC points × $10 = $100 per contract
MGC Profit Calculator FAQ
1. How much is one point worth on MGC futures?
One full point on a Micro Gold (MGC) futures contract is worth $10.00.
2. How much is one tick worth on MGC futures?
The minimum price fluctuation (tick) for MGC is 0.10, which is worth $1.00 per contract.
3. How do you calculate profit on an MGC trade?
Multiply the price move by $10.00, then multiply by the total number of contracts used.
4. Does this calculator include commissions and slippage?
Yes, you can enter your exact commissions and slippage in the main calculator for net results.
5. What is the difference between MGC and GC?
MGC is the Micro Gold contract. It is exactly 1/10th the size and risk of the standard GC Gold contract.