Pip Value & Contract Specifications
US30 (Dow Jones Industrial Average, also called DJIA or Wall Street 30) is an index CFD. The contract specification gives a point value of approximately $1.00 per index point per standard lot at most CFD brokers including FxPro. At USD/INR 84.00 that equals βΉ84.00 per point per lot β the same basis as NAS100, but the Dow's lower daily range means tighter stops and more manageable position swings for Indian traders.
Always verify in MT4/MT5: right-click the US30 symbol β Specification β check contract size and tick value for your account type.
| Lot Size | Point value (USD) | Point value (INR @ 84.00) | 50-point stop | 150-point stop |
|---|---|---|---|---|
| 0.01 (micro) | ~$0.01 | ~βΉ0.84 | ~βΉ42.00 | ~βΉ126.00 |
| 0.10 (mini) | ~$0.10 | ~βΉ8.40 | ~βΉ420.00 | ~βΉ1,260.00 |
| 0.50 | ~$0.50 | ~βΉ42.00 | ~βΉ2,100 | ~βΉ6,300 |
| 1.00 (standard) | ~$1.00 | ~βΉ84.00 | ~βΉ4,200 | ~βΉ12,600 |
All values indicative at USD/INR 84.00. Verify contract specifications with your broker before trading.
Position Sizing Example
Suppose you have a βΉ2,00,000 account and risk 1% per trade (βΉ2,000). You set a 100-point stop loss on US30 (appropriate for a 1-hour chart trade).
At USD/INR 84.00, each point per lot = βΉ84.00. The formula:
Lots = Risk Γ· (Stop points Γ Point value in INR)
Lots = βΉ2,000 Γ· (100 Γ βΉ84.00) = βΉ2,000 Γ· βΉ8,400 β 0.24 lots
Round down to 0.20 lots. On a daily-chart trade with a 200-point stop, the same βΉ2,000 risk allows: βΉ2,000 Γ· (200 Γ βΉ84.00) β 0.12 lots. The Dow's comparatively lower volatility versus NAS100 often permits slightly larger position sizes for the same stop distance, which can suit traders who prefer a more measured approach.
About US30 β Key Drivers & Trading Hours
The Dow Jones Industrial Average is the world's most recognised stock index, comprising 30 blue-chip US companies including Goldman Sachs, Boeing, Johnson & Johnson, Caterpillar, and JPMorgan Chase. Trading near 42,000 points in current market conditions, with a typical daily ATR of 100β300 points. This is lower than NAS100's 200β400 points because the Dow is price-weighted and dominated by traditional industries rather than high-growth technology firms.
Key drivers: Federal Reserve interest rate decisions, US economic data releases (ISM Manufacturing, Consumer Confidence, Non-Farm Payrolls), quarterly earnings from Dow component companies (particularly financial heavyweights Goldman Sachs and JPMorgan), oil prices (Chevron is a component), and broader global risk sentiment. The Dow tends to be more defensive than NAS100 β it typically falls less during technology-driven sell-offs but also captures less of the upside during tech rallies.
Active trading hours in IST: 19:30β03:30 IST for the full US cash session. The highest-volatility window is around the US market open (19:30β20:30 IST) and heading into the close (02:00β03:30 IST). Non-Farm Payrolls (first Friday of each month at 19:00 IST) is consistently the single largest volatility event for US30. On FOMC announcement days (8 times per year), expect 200β400 point moves within minutes of the 01:30 IST decision release.
Pip values sourced from ECB reference data (Frankfurter API). All values are indicative and for educational purposes β not live trading quotes. See full pip value table β
