Pip Value & Contract Specifications
NAS100 (also referred to as US100 or NASDAQ 100) is an index CFD, meaning it moves in index points rather than traditional pips. At most CFD brokers including FxPro, the contract delivers a point value of approximately $1.00 per index point per standard lot. At USD/INR 84.00, that translates to ₹84.00 per point per lot.
Always verify in MT4/MT5: right-click the NAS100 symbol → Specification → confirm the contract size and tick value for your specific account type.
| Lot Size | Point value (USD) | Point value (INR @ 84.00) | 50-point stop | 200-point stop |
|---|---|---|---|---|
| 0.01 (micro) | ~$0.01 | ~₹0.84 | ~₹42 | ~₹168 |
| 0.10 (mini) | ~$0.10 | ~₹8.40 | ~₹420 | ~₹1,680 |
| 0.50 | ~$0.50 | ~₹42.00 | ~₹2,100 | ~₹8,400 |
| 1.00 (standard) | ~$1.00 | ~₹84.00 | ~₹4,200 | ~₹16,800 |
All values indicative at USD/INR 84.00. Verify contract specifications with your broker before trading.
Position Sizing Example
Suppose you have a ₹2,00,000 account and risk 1% per trade (₹2,000). You place a 50-point stop loss on NAS100 — a reasonable buffer for a 15-minute chart entry.
At USD/INR 84.00, each point per lot = ₹84.00. The formula:
Lots = Risk ÷ (Stop points × Point value in INR)
Lots = ₹2,000 ÷ (50 × ₹84.00) = ₹2,000 ÷ ₹4,200 ≈ 0.47 lots
Round down to 0.45 lots. If NAS100 is near 18,000 and you are working off a daily chart with a 300-point stop, the same ₹2,000 risk gives: ₹2,000 ÷ (300 × ₹84.00) ≈ 0.08 lots. Always size your lot to match the actual stop distance — never the other way around.
About NAS100 — Key Drivers & Trading Hours
The Nasdaq 100 is one of the most actively followed index CFDs among Indian retail traders, offering concentrated exposure to the world's largest technology companies — Apple, Microsoft, Nvidia, Meta, Amazon, and Alphabet. The index currently trades around 18,000–20,000 points, with a typical daily ATR of 200–400 points. On FOMC decision days or major Big Tech earnings releases, intra-day ranges of 600–800 points are not uncommon.
Key drivers: Federal Reserve interest rate expectations (tech stocks are long-duration assets, extremely sensitive to rate shifts), Big Tech quarterly earnings (Apple, Nvidia, and Microsoft reports move the index sharply), US CPI and Non-Farm Payrolls data (released every first Friday), and overall risk-on / risk-off market sentiment. The NAS100 typically leads other US indices — a breakout in NAS100 often precedes similar moves in US30 and the S&P500.
Active trading hours in IST: 19:00–03:30 IST covers the full US cash session (NYSE/Nasdaq open at 19:00 IST, close at 03:30 IST the following morning). The highest-volume windows are 19:00–20:30 IST (US open rush) and 01:00–03:30 IST (power hour into close). FOMC statements typically drop around 00:30 IST and CPI releases hit at 18:00 IST — these are peak-risk moments when spreads blow out and stops can be triggered aggressively. Consider cutting position size by at least 50% around all scheduled high-impact US events.
Pip values sourced from ECB reference data (Frankfurter API). All values are indicative and for educational purposes — not live trading quotes. See full pip value table →