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US30 Point Value Calculator (Dow Jones)
US30 moves in points, not pips — and a point is worth a different amount at every broker. Enter your broker's value per point (pre-filled from our contract-spec library) to price any Dow Jones move.
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US30 point value
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For US30 (the Dow Jones 30 cash index), value per point = value per point per lot × lots. If your broker's US30 is $1 per point per lot, a 1-lot position gains or loses $1 for every index point, so a 150-point move is $150. The per-point value is broker-specific and can differ by 10x or more — always use your own contract specifications.
How it works
Points are not pips
This is the single most expensive misunderstanding on index CFDs. On a forex pair a pip is a tiny fraction of the price (0.0001). On US30 — the cash CFD that tracks the Dow Jones Industrial Average — a point is a whole 1.0 move in the index, from 44,000 to 44,001. Traders carry the forex habit over, divide by 0.0001, and end up with a risk figure that is wildly wrong. On US30 you work in points, and one point is one index unit.
It gets more confusing because some platforms still label the point a “pip,” and some quote one extra decimal (44,001.5), calling the 0.1 a pip. The safe move is to ignore the label and anchor on money: how much of your account currency do you make or lose for a one-point move of the index?
Why the value per point differs by broker
There is no exchange-wide contract size for a US30 CFD the way there is for the underlying futures. Each broker sets its own contract size, so the money value of one point on one lot is broker-specific — commonly $1, but $0.10 and $10 also exist, a range of up to 100x. Two people “trading one lot of US30” at different brokers can have completely different dollar risk. That is why a calculator with a single hard-coded number is dangerous; this one is pre-filled from our broker contract-spec library and stays editable so you can match your own account.
The formula
value per point = value per point per lot × lots
profit or loss = points moved × value per point
The per-point value is usually quoted in US dollars, because US30 is dollar-denominated. If your account is in USD, that is the final figure. For a non-USD account, multiply by the rate that converts USD into your account currency.
How to use this calculator
- Pick your broker to pre-fill the value per point per lot from our spec library — or type your own from your contract specifications.
- Enter your position size in lots.
- Set your account currency, and add a conversion rate if it is not USD.
- Optionally enter a number of points moved to price a stop, a target, or a closed trade.
Worked example — a 150-point move
Suppose your broker's US30 is $1 per point per lot and you trade 2 lots. One point is worth 1 × 2 = $2. If the Dow moves 150 points in your favour, that is 150 × 2 = $300. On a broker where US30 is $0.10 per point, the same trade makes $30 — the same index move, one-tenth the money, purely because of the contract size.
Turning points into a position size
Once you know the value per point, sizing works just like forex: take the most you will lose, divide by your stop distance in points times the value per point, and you have your lot size. Use the position size calculator with the per-point value in place of pip value.
Common mistakes
- Treating a point like a forex pip. A US30 point is a full index unit, not 0.0001. Sizing with the forex pip convention can misstate risk by thousands of times.
- Copying another broker's per-point value. It is set per broker — always read it off your own contract specs, not a generic table.
- Forgetting the account-currency conversion. The per-point value is usually in USD; on a non-USD account convert it once, at the end.
Frequently asked questions
Is a US30 point the same as a pip?
How much is one point of US30 worth?
Why do different brokers show different US30 point values?
How do I calculate profit on a US30 trade?
points × (value per point per lot × lots). A 150-point move on 2 lots at $1 per point is 150 × 2 = $300 before costs.