FXNXT's default point is $0.10, so 4,000 to 4,005 equals 50 points. This is distinct from a $0.01 tick; broker specifications may differ.
Method, example and limits
Points = price distance ÷ point size. Point value per lot = point size × contract units × currency conversion. For a 100-ounce contract at conversion 1, a $0.10 point is $10 per lot, or $1 at 0.10 lots. The calculator allows contract, point and lot-step overrides to match broker specifications.
Try the connected toolSources
CME Group — contract / tick education
Methodology guide, not attributed to an unverified expert. Educational material is not personal advice. Content revision: