NAS100 Point Value Calculator (Nasdaq 100)

How it works

NAS100 moves in points, and points are not pips

NAS100 is the cash CFD that tracks the Nasdaq 100 — the tech-heavy US index — and some brokers list it as US100 or US Tech 100. Like every index CFD it is measured in points: a one-point move is the index going from 20,000 to 20,001. It is not a forex pip (0.0001), and treating it like one is the fastest way to size a NAS100 trade a thousand times too large or too small. Because the Nasdaq 100 is volatile and trades at a high index level, daily ranges of several hundred points are normal, so getting the per-point value right matters even more than on slower instruments.

The per-point value is set by your broker

There is no single contract size for a NAS100 cash CFD; each broker chooses one. The published value of one point per lot is most often $1, but $10 is also common, and the gap means an identical-looking one-lot trade can carry ten times the risk at one broker versus another. This tool reads a sensible default from our dated broker contract-spec library and leaves the field editable, because your own contract specifications are the only authority for your account.

The formula

value per point = value per point per lot × lots

profit or loss = points moved × value per point

NAS100 is dollar-denominated, so the per-point value is normally in USD. On a USD account that is your final number; on any other account currency, multiply once by the rate that converts USD into your currency.

How to use this calculator

1. Pick your broker to pre-fill the value per point per lot, or type the value from your contract specs.
2. Enter your trade size in lots.
3. Set your account currency and, if it is not USD, the conversion rate that appears.
4. Optionally enter the points moved to price a target, a stop, or a result.

Worked example — a 200-point Nasdaq move

Say your broker's NAS100 is $1 per point per lot and you hold 1.5 lots. One point is worth 1 × 1.5 = $1.50. A 200-point move is 200 × 1.5 = $300. At a broker quoting $10 per point, the same 1.5-lot trade on the same 200-point move would be $3,000 — a reminder to confirm the per-point value before you ever size up.

From point value to risk

With the per-point value in hand, sizing is identical to forex: divide the money you are willing to lose by your stop distance in points times the value per point. Feed the per-point value into the position size calculator wherever it asks for pip value.

Common mistakes

• Carrying over the forex pip habit. A NAS100 point is a full index unit; sizing it as a 0.0001 pip is wrong by orders of magnitude.
• Assuming $1 everywhere. Plenty of brokers quote NAS100 at $10 per point. Read your own spec — do not assume.
• Underestimating the range. NAS100 can move hundreds of points in a session; price a realistic move, not a forex-sized one, when you set stops and targets.