MBT tick value and contract specs
Micro 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 MBT tick value?
One MBT tick is $5 per bitcoin, worth $0.50 per contract. A $100 move in bitcoin is worth $10, so a move of $1,000 per bitcoin is 200 ticks, or $100 on one contract.
MBT contract specifications
From CME Group, read 2026-09-22.
Specification
Value
Source: CME Group - Micro Bitcoin futures contract specs, retrieved 2026-09-22. Margin is omitted: it changes often and differs by broker.
MBT ticks to dollars
Profit or loss = ticks moved × tick value × contracts.
Price move
Ticks
1 contract
5 contracts
10 contracts
MBT and prop firm drawdown
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 MBT contract has $20,000 per bitcoin (4,000 ticks) of room; five contracts have $4,000 per bitcoin (800 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.
MBT trading hours
Central Time (CT)
Eastern Time (ET)
Daily break
CME sets hours in Chicago time. ET is always CT + 1 hour, because both zones change for daylight saving on the same dates.
MBT hours and holidays
MBT 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.
MBT contract months
Monthly contracts for 6 consecutive months, plus quarterly contracts for 4 more quarters.
Month code
Month
Example symbol
MBTZ26 is the December 2026 contract.
Reading a contract symbol
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.
MBT micro and mini
MBT other sizes
BTC (Bitcoin) tracks the same market at 50 times the size of MBT: one tick is worth $25, against $0.50.
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 MBT?
Prop firms and MBT
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 MBT before you buy an evaluation.
FAQs - MBT
Facts checked 2026-09-22 against CME Group contract specifications.
One MBT tick is $5 per bitcoin, worth $0.50 per contract. A $100 move in bitcoin is worth $10, so a move of $1,000 per bitcoin is 200 ticks, or $100 on one contract.
A $100 move in bitcoin is worth $10 per MBT contract: 20 ticks of $0.50.
MBT 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.
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).
MBT 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.
CME Group sets the exchange margin for MBT 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.
BTC (Bitcoin) tracks the same market at 50 times the size of MBT. One BTC tick is worth $25, against $0.50 for MBT.
Related reference
More futures reference, and where these rules meet prop firm terms.
Browse Prop Firm Lists
Rankings by country, platform, assets, challenge type and more-built from live firm data.
Countries
Prop firms that accept traders from your country or region.
Platforms
MT5, cTrader, TradeLocker and other supported trading platforms.
Assets
Forex, crypto, futures, stocks and other tradable asset classes.
Features
Instant funding, scalping rules, profit splits and program benefits.
Challenges
One-step, two-step, instant funding and evaluation program types.
Trader types
Beginners, scalpers, swing traders and other trading styles.
Payment methods
Card, crypto, bank transfer and other ways to pay for challenges.
Payout methods
How firms pay traders-Wise, crypto, bank wire and more.
Why Futures Traders Trust Prop Firm Pal?
Futures-centric benchmarks for evaluations, payout proof and trader reviews - filtered to desks that run CME-linked programs.
Futures Evaluation Listings
Drawdown ladders, payout cadence and account sizing surfaced for desks that specialise in futures funding paths.
Futures-To-Futures Comparisons
Stack futures evaluations beside each other across fees, resets, payouts and trader-reported hurdles.
Futures Trader Voices
Hear verified traders unpack payout speed, platform stability and futures-specific risk controls.
Futures Desk Signals
Rule clarity, payout regularity and support quality summed for traders sizing up futures programs.
FAQs - Prop Trading Questions Answered
Answers on prop firms, funded accounts, challenges and how our platform works
Yes, the prop firm discount codes listed on Prop Firm Pal are legitimate. We only publish verified promo codes from official partnerships or publicly available promotions. Our team regularly checks and updates codes to ensure traders can access valid savings on prop firm challenges and funded accounts.
The Prop Firm Pal rewards dashboard allows traders to earn points or rewards after purchasing a prop firm challenge through our platform. To claim rewards, upload a screenshot or proof of your purchase inside your client dashboard. Once verified, we credit your account with the corresponding reward. This system gives traders additional benefits on top of any prop firm discount code they used.
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.
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.
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.
Stay Ahead in Prop Trading
Compare verified firms, grab exclusive deals, and enter free challenge giveaways up to $200K.
Resources
Statistics
Tools
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.