Lot → futures contract converter
Moving from forex/CFD to futures? A "lot" and a futures contract are different units. Enter your lot size and see the equivalent futures contracts — full and micro — by matching the underlying notional.
- Full contracts
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- Micro contracts
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- Notional
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How the conversion works
A forex/CFD lot and a futures contract both represent an amount of the underlying — ounces of gold, units of a currency, barrels of oil. Convert by matching that underlying:
- · Total units = Lots × units per lot.
- · Contracts = Total units ÷ units per contract.
Example: 1 standard lot of gold is 100 oz. A GC future is also 100 oz, and a micro MGC is 10 oz — so 1 lot = 1 GC = 10 MGC. Micros let you match a small lot size precisely, which is exactly what you want inside a prop-firm evaluation.
Conversion assumptions
| Market | 1 lot = | Full | Micro |
|---|---|---|---|
| Gold (XAUUSD) | 100 oz | GC (100 oz) | MGC (10 oz) |
| Silver (XAGUSD) | 5,000 oz | SI (5,000 oz) | SIL (1,000 oz) |
| EUR/USD | 100,000 € | 6E (125,000 €) | M6E (12,500 €) |
| GBP/USD | 100,000 £ | 6B (62,500 £) | M6B (6,250 £) |
| Crude Oil (WTI) | 1,000 bbl | CL (1,000 bbl) | MCL (100 bbl) |
A "lot" isn't universal — brokers, especially for index CFDs, define it differently. Indices are left out here for that reason; size those by dollar-per-point with the futures contract calculator instead. Always confirm your broker's lot definition and the current contract spec.
FAQ
Why don't the numbers come out round for forex?
Currency futures aren't sized to match a 100,000-unit forex lot — a 6E is 125,000 EUR — so 1 lot of EUR/USD is 0.8 of a 6E, or 8 micro M6E. Micros make the fit much closer.
Is a futures position the "same trade" as my CFD lot?
The exposure matches, but the venues differ: futures clear on a regulated exchange with transparent pricing, while a CFD is an over-the-counter contract with your provider. Same size, different structure.
Related: futures contract calculator · position size