MGC futures: tick size, tick value and contract specs
Micro Gold (MGC) trades on COMEX. One tick is 0.1 and is worth $1.00 per contract; one point is 10 ticks, worth $10.
Tick size
0.1
Tick value
$1.00
Point value
$10
Ticks per point
10
Exchange
COMEX
Settlement
Physical delivery
Contract months
6 delivery months a year · G · J · M · Q · V · Z
Front month
MGC Z26 · rolls Nov 26, 2026
What a move on MGC is worth
Tick value × ticks × contracts, before commissions and fees.
| Move | 1 contract | 2 contracts | 5 contracts | 10 contracts |
|---|---|---|---|---|
| 1 tick | $1.00 | $2.00 | $5.00 | $10.00 |
| 5 ticks | $5.00 | $10.00 | $25.00 | $50.00 |
| 10 ticks | $10.00 | $20.00 | $50.00 | $100.00 |
| 20 ticks | $20.00 | $40.00 | $100.00 | $200.00 |
| 50 ticks | $50.00 | $100.00 | $250.00 | $500.00 |
MGC tick value calculator
Your move
MGC: one tick is 0.1 and worth $1.00; one point is 10 ticks. A move in points is snapped to the tick grid.
Ticks
10
Points
1
Per contract
$10.00
Total, 1 contract
$10.00
How many ticks does a dollar risk allow?
Stop that fits, per contract
500 ticks (50 points) on 1 contract
Rounded down to whole ticks, so the stop never risks more than the dollars you entered (before commissions and slippage). MGC contract specs
The same calculator for every contract: tick value calculator.
MGC front month and roll dates
First notice day — the last business day of the month before delivery — binds before the last trading day. Rolls 2 business days before first notice day. On the roll date the next contract is already the front month, so MGC G27 takes over from MGC Z26 on Nov 26, 2026.
| Contract | Front month from | Rolls |
|---|---|---|
| MGC Z26 | ||
| MGC G27 | ||
| MGC J27 | ||
| MGC M27 |
Every root, every date ahead: futures roll calendar. Business days count weekends but not exchange holidays, so confirm the final session with your broker.
Related contracts
Full-size contract: GC · Gold — $10.00 a tick.
Frequently asked
What is the tick value of MGC?
One tick on MGC (Micro Gold) is 0.1 in price and is worth $1.00 per contract.
How much is one point on MGC?
$10 per contract. One point is 10 ticks of $1.00.
What is the front-month MGC contract?
MGC Z26 — it stays the front month until Nov 26, 2026, when MGC G27 takes over. The date comes from the roll engine the PassTraq platform charts with.
Is MGC cash-settled or physically delivered?
Physically delivered, so the roll is measured from the delivery anchor rather than the last trading day. First notice day — the last business day of the month before delivery — binds before the last trading day. Rolls 2 business days before first notice day.
How does MGC compare with GC?
GC (Gold) moves on the same price with a $10.00 tick, so one GC contract carries the dollar risk of 10 MGC contracts.
Track this on a real account
A calculator is a snapshot. PassTraq runs these same limits against your actual fills, every day, and warns you before a breach instead of after.
Starter is free foreverEval Autopsy
Drop your broker trade export and replay it through every firm’s evaluation rules — see which ones you would have passed, and exactly where the others would have ended.
Trailing Drawdown Simulator
Step a balance up and down and watch where the drawdown line sits after each move — the number that actually ends most challenges.
Consistency Rule Calculator
Work out how large one day can be against the rest of your profit before a consistency rule holds up the payout.
Days to Pass Planner
Turn a daily average into a realistic number of trading days to reach the profit target, against the minimum days and any time limit.
Tick Value Calculator
What a move is worth in dollars on any futures contract PassTraq models, and how many ticks of stop a dollar risk allows.
Futures Roll Calendar
When each futures contract rolls to the next month, so a chart, a journal entry and a fill all refer to the same contract.
Every figure here is the contract specification PassTraq's platform values fills with, and every front month and roll date comes from the roll engine its charts use. Exchanges can change a specification without notice — confirm with the exchange or your broker before you rely on one. PassTraq is not affiliated with, endorsed by, or a partner of any prop firm, CME Group or Rithmic, except where a link is marked as a partner link. Contract and index names are trademarks of their respective owners and are used only to identify the contracts PassTraq models. Nothing here is financial advice.