Redeem rewards · use code PALCODE: PAL
UP TO 25% OFF PROP FIRM ACCOUNTSCODE: PALEARN PAL POINTS ON QUALIFYING PURCHASES - REDEEM FOR REWARDSEARN PAL POINTS ON QUALIFYING PROP FIRM PURCHASES - REDEEM FOR REWARDSCODE: PAL
Prop Firm Pal
Prop Firm Pal

Unbiased Prop Firm Data, Reviews & Comparisons

BTC tick value and contract specs

Bitcoin futures on CME: what one tick is worth, the full exchange specification, and what a move costs on a prop firm account.

What is the BTC tick value?

One BTC tick is $5 per bitcoin, worth $25 per contract. A $100 move in bitcoin is worth $500, so a move of $1,000 per bitcoin is 200 ticks, or $5,000 on one contract.

BTC contract specifications

From CME Group, read 2026-09-22.

Specification

Value

Contract
Bitcoin (BTC)
Exchange
CME, part of CME Group
Asset class
Crypto
Contract unit
5 bitcoin
Price quotation
US dollars and cents per bitcoin
Tick size
$5 per bitcoin
Tick value
$25 per contract
Value of a $100 move in bitcoin
$500
Contract months
F (Jan), G (Feb), H (Mar), J (Apr), K (May), M (Jun), N (Jul), Q (Aug), U (Sep), V (Oct), X (Nov), Z (Dec)
Trading hours
24/7, except maintenance windows on Saturday 2:00 am – 4:00 am CT and Monday–Friday 4:00 pm – 4:02 pm CT.
Settlement
Financially settled
Last trading day
4:00 pm London time on the last Friday of the contract month (the prior business day if that is a London or US holiday).

Source: CME Group — Bitcoin futures contract specs, retrieved 2026-09-22. Margin is omitted: it changes often and differs by broker.

BTC ticks to dollars

Profit or loss = ticks moved × tick value × contracts.

Price move

Ticks

1 contract

5 contracts

10 contracts

$5 per bitcoin
1
$25
$125
$250
$100 per bitcoin
20
$500
$2,500
$5,000
$1,000 per bitcoin
200
$5,000
$25,000
$50,000
$2,000 per bitcoin
400
$10,000
$50,000
$100,000

A prop firm’s drawdown limit is a dollar amount, so the useful question is how far the market can move against you before you hit it. On a $2,000 limit, one BTC contract has $400 per bitcoin (80 ticks) of room; five contracts have $80 per bitcoin (16 ticks). A trailing drawdown shrinks that room as open profit is given back, so measure from where the limit is now, not where it started.

BTC trading hours

Central Time (CT)

Eastern Time (ET)

Daily break

24/7
24/7
Mon–Fri 4:00–4:02 pm CT, and Sat 2:00–4:00 am CT

CME sets hours in Chicago time. ET is always CT + 1 hour, because both zones change for daylight saving on the same dates.

BTC trades on CME Globex 24/7, except maintenance windows on Saturday 2:00 am – 4:00 am CT and Monday–Friday 4:00 pm – 4:02 pm CT. See whether it is open right now, in your own time zone, on the futures market hours page. Holidays close or shorten the session — the CME holiday schedule for 2026 lists every one.

BTC contract months

Monthly contracts for 6 consecutive months, plus quarterly contracts for 4 more quarters.

Month code

Month

Example symbol

F
January
BTCF26
G
February
BTCG26
H
March
BTCH26
J
April
BTCJ26
K
May
BTCK26
M
June
BTCM26
N
July
BTCN26
Q
August
BTCQ26
U
September
BTCU26
V
October
BTCV26
X
November
BTCX26
Z
December
BTCZ26

BTCZ26 is the December 2026 contract.

A full symbol is the product code, the month code and the year. How the codes work, and when volume rolls to the next contract, is on the futures month codes page.

BTC micro and mini

MBT (Micro Bitcoin) tracks the same market at 1/50 the size of BTC: one tick is worth $0.50, against $25.

Sizing in the smaller contract lets you scale a position in finer steps, at the cost of paying commission on more contracts. Micro vs mini futures compares every pair.

Which prop firms allow BTC?

Each futures prop firm publishes its own list of permitted products and its own contract limits, and many count micros differently from minis. We do not yet record those lists symbol by symbol, so this page does not name firms rather than guess. Compare futures prop firms and check the firm’s rules page for BTC before you buy an evaluation.

FAQs — BTC

Facts checked 2026-09-22 against CME Group contract specifications.

What is the tick value of BTC?

One BTC tick is $5 per bitcoin, worth $25 per contract. A $100 move in bitcoin is worth $500, so a move of $1,000 per bitcoin is 200 ticks, or $5,000 on one contract.

How much is a $100 move in bitcoin worth on BTC?

A $100 move in bitcoin is worth $500 per BTC contract: 20 ticks of $25.

What are BTC trading hours?

BTC trades on CME Globex 24/7, except maintenance windows on Saturday 2:00 am – 4:00 am CT and Monday–Friday 4:00 pm – 4:02 pm CT. Holidays shorten or close sessions.

What months does BTC trade?

Monthly contracts for 6 consecutive months, plus quarterly contracts for 4 more quarters. Month codes: F (Jan), G (Feb), H (Mar), J (Apr), K (May), M (Jun), N (Jul), Q (Aug), U (Sep), V (Oct), X (Nov), Z (Dec).

Is BTC cash-settled?

BTC is financially settled. Last trading day: 4:00 pm London time on the last Friday of the contract month (the prior business day if that is a London or US holiday). Most traders roll to the next contract month before then.

What is the margin for BTC?

CME Group sets the exchange margin for BTC and changes it often, and brokers set their own day-trading margins on top. A prop firm account does not post margin: the firm’s drawdown limit and contract limit cap the risk instead. For a current exchange figure, check CME Group’s margin page for the contract.

What is the difference between BTC and MBT?

MBT (Micro Bitcoin) tracks the same market at 1/50 the size of BTC. One MBT tick is worth $0.50, against $25 for BTC.

Why Traders Trust ? Prop Firm Pal

Clear, Unbiased Prop Firm Data to Help Traders Compare, Evaluate & Choose with Confidence

Comprehensive Prop Firm Listings

Structured data on funded accounts, fees, profit splits, and trading rules - all in one place for easy comparison.

Live Comparison Tools

Compare pricing, challenge rules, profit splits, drawdowns, payout terms, and requirements across top prop firms.

Verified Trader Reviews

Real feedback from funded traders highlights strengths, issues, support quality, payouts, and challenge experiences.

Expert Prop Firm Insights

Clear summaries of challenge rules, evaluation paths, scaling plans, risk limits, and payout terms.

FAQs — Prop Trading Questions Answered

Answers on prop firms, funded accounts, challenges and how our platform works

What is Prop Firm Pal?

Prop Firm Pal is a comparison and review platform for proprietary trading firms. We list popular prop firms, publish detailed descriptions, collect real trader reviews, and provide verified discount codes for challenges and funded accounts. Our goal is to help traders compare prop firms, save money with promo codes, and choose the best funded trading program for their needs.

How does Prop Firm Pal work?

Prop Firm Pal allows traders to browse a curated list of proprietary trading firms, read in-depth information about each firm, and view real user reviews. When you find a prop firm you like, you can click the discount code button to copy the promo code and visit the firm’s website through our link. If you complete a purchase, you receive the advertised discount and we may earn a commission from the prop firm at no additional cost to you.

What is a proprietary trading firm (prop firm)?

A proprietary trading firm, also known as a prop firm, is a company that provides traders with access to funded trading accounts. Instead of risking your own capital, you trade the firm’s funds and earn a share of the profits. Most prop firms require traders to pass an evaluation or challenge that tests consistency, risk management, and profitability before granting a funded account.

How do prop firm challenges work?

Prop firm challenges are evaluation programs where traders must meet specific profit targets while following strict risk management rules. These rules often include maximum daily drawdown, overall drawdown limits, minimum trading days, and consistency requirements. If you successfully complete the challenge and any verification phase, you can qualify for a funded trading account and receive a profit split.

How do I use a prop firm discount code on Prop Firm Pal?

To use a prop firm discount code on Prop Firm Pal, go to the prop firm’s profile page and click the discount button. The promo code will automatically copy to your clipboard and you will be redirected to the official prop firm website. At checkout, paste the code into the coupon or promo field to apply the discount to your challenge or funded account purchase.

View all FAQs

Stay Ahead in Prop Trading

Compare verified firms, grab exclusive deals, and enter free challenge giveaways up to $200K.

All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis, or similar general recommendation regarding the trading of investment instruments.

Prop Firm Pal provides comparison, review, and educational resources only. We do not operate as a proprietary trading firm, broker, or custodian, do not offer simulated trading accounts or evaluations, and do not provide execution or custody of funds.

The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.

Prop Firm Pal does not act as a broker and does not accept any deposits.

Data, tools, and third-party references on this site are provided for informational purposes; availability and accuracy may depend on third-party sources outside our control.

© 2026 Prop Firm Pal. All rights reserved.