# M6E Tick Value & Contract Specs (Micro Euro)

> One M6E tick is $0.0001 per euro, worth $1.25 per contract. One pip (0.0001) is worth $1.25, so a move of $0.005 per euro is 50 ticks, or $62.50 on one contract.

**Source:** https://propfirmpal.com/futures/contracts/m6e  
**Generated:** 2026-09-25  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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M6E (Micro EUR/USD) ticks in $0.0001 per euro, worth $1.25 per contract. CME specs, P&L per move, hours and months.

## Contract specifications

| Specification | Value |
| --- | --- |
| Contract | Micro EUR/USD (M6E) |
| Exchange | CME (CME Group) |
| Asset class | Currencies (FX) |
| Contract unit | 12,500 euros |
| Price quotation | US dollars per euro |
| Tick size | $0.0001 per euro |
| Tick value | $1.25 per contract |
| Value of one pip (0.0001) | $1.25 |
| Contract months | H (Mar), M (Jun), U (Sep), Z (Dec) |
| Trading hours | Sunday–Friday 5:00 pm – 4:00 pm CT (6:00 pm – 5:00 pm ET), with a daily maintenance break from 4:00 pm to 5:00 pm CT. |
| Settlement | Physically delivered |
| Last trading day | 9:16 am CT, two business days before the third Wednesday of the contract month. |

_Source: [CME Group — Micro EUR/USD contract specs](https://www.cmegroup.com/markets/fx/g10/e-micro-euro.contractSpecs.html), retrieved 2026-09-22._

## Ticks to dollars

| Price move | Ticks | 1 contract | 10 contracts |
| --- | --- | --- | --- |
| $0.0001 per euro | 1 | $1.25 | $12.50 |
| $0.005 per euro | 50 | $62.50 | $625 |

## Trading hours

| Central Time (CT) | Eastern Time (ET) | Breaks |
| --- | --- | --- |
| Sun 5:00 pm – Fri 4:00 pm | Sun 6:00 pm – Fri 5:00 pm | 4:00–5:00 pm CT (5:00–6:00 pm ET), Mon–Thu |

## Other sizes

- [6E — Euro FX](https://propfirmpal.com/futures/contracts/6e): $6.25 per tick.

## Which prop firms allow this contract

Prop Firm Pal does not yet record firms' permitted products symbol by symbol, so no firms are named here. Compare futures prop firms at https://propfirmpal.com/futures and check each firm's rules for M6E.

## Frequently asked questions

### What is the tick value of M6E?

One M6E tick is $0.0001 per euro, worth $1.25 per contract. One pip (0.0001) is worth $1.25, so a move of $0.005 per euro is 50 ticks, or $62.50 on one contract.

### How much is one pip (0.0001) worth on M6E?

One pip (0.0001) is worth $1.25 per M6E contract: 1 ticks of $1.25.

### What are M6E trading hours?

M6E trades on CME Globex Sunday–Friday 5:00 pm – 4:00 pm CT (6:00 pm – 5:00 pm ET), with a daily maintenance break from 4:00 pm to 5:00 pm CT. In Eastern Time that is Sun 6:00 pm – Fri 5:00 pm. Holidays shorten or close sessions.

### What months does M6E trade?

Quarterly contracts (Mar, Jun, Sep, Dec) listed for 2 consecutive quarters. Month codes: H (Mar), M (Jun), U (Sep), Z (Dec).

### Is M6E cash-settled?

M6E is physically delivered. Last trading day: 9:16 am CT, two business days before the third Wednesday of the contract month. Most traders roll to the next contract month before then.

### What is the margin for M6E?

CME Group sets the exchange margin for M6E 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 M6E and 6E?

6E (Euro FX) tracks the same market at ten times the size of M6E. One 6E tick is worth $6.25, against $1.25 for M6E.

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