what is the cheapest future per point?

[1a2b3cppp]

For a beginner to trade with a strategy that allows adding to positions?

I would assume the micro currencies but they have crap volume and I assume the fills are ass.

 

[OptionsOptionsOptions]

Nikkei 225 mini at about $10.00 USD.

 

[El OchoCinco]

Your question better should be cheapest margin per contract...

 

[1a2b3cppp]

Your question better should be cheapest margin per contract...

No.

Cheapest per tick.

Using this allows a smaller account to add into positions.

 

[El OchoCinco]

If you have a smaller account you need smallest margin per contract to trade. If tick is small but margin is high then you cannot add any positions...

 

[OptionsOptionsOptions]

• Anything less than $10.00? - I don't think so.
• The Nikkei 225 mini is 1,000 Yen per tick = 8.98 USD
• I rounded it up to $10.00 USD

 

[clacy]

YM is $5/pt, but at a nominal price of 25,000 it can zoom 30+ points in the snap of a finger.

I feel like $/tick is very relative.

 

[southall]

No.
Cheapest per tick.

If you have the margin, and want cheapest per tick. Then ETFs like QQQ and SPY instead of futures.

 

[treeman]

consider this-

The ym roughly moves 10 pts for every 1 pt es move. For the ym, that’s 10 ticks. For the es, that’s 4 ticks. The ym has a 6 tick advantage in granularity (es vs ym has 6 ticks of slippage for every es pt) and new traders find it easier to trade because of this.

 

[maxinger]

so far I find the cheapest ( or rather lowest) price per point is
US$2 per point ( US$1 per tick )

from SGX cnx nifty index.

I simply call that India Nifty index.

very good for those who want to trade in huge quantity like a few to hundreds of lots.