Pip Value & Contract Specifications
NAS100 (also called US100 or NASDAQ 100) is an index CFD, so it moves in index points rather than pips. At most CFD brokers including FxPro, the contract gives a point value of approximately $1.00 per index point per standard lot. At USD/TRY 18.50 that equals R18.50 per point per lot.
Always verify in MT4/MT5: right-click the NAS100 symbol → Specification → check contract size and tick value for your account type.
| Lot Size | Point value (USD) | Point value (ZAR @ 18.50) | 50-point stop | 200-point stop |
|---|---|---|---|---|
| 0.01 (micro) | ~$0.01 | ~R0.185 | ~R9.25 | ~R37 |
| 0.10 (mini) | ~$0.10 | ~R1.85 | ~R92.50 | ~R370 |
| 0.50 | ~$0.50 | ~R9.25 | ~R462 | ~R1,850 |
| 1.00 (standard) | ~$1.00 | ~R18.50 | ~R925 | ~R3,700 |
All values indicative at USD/TRY 18.50. Verify contract specifications with your broker before trading.
Position Sizing Example
Suppose you have a R50,000 account and risk 1% per trade (R500). You set a 50-point stop loss on NAS100 (reasonable for a 15-minute chart entry).
At USD/TRY 18.50, each point per lot = R18.50. The formula:
Lots = Risk ÷ (Stop points × Point value in ZAR)
Lots = R500 ÷ (50 × R18.50) = R500 ÷ R925 ≈ 0.54 lots
Round down to 0.50 lots. If NAS100 is at 18,000 and you're on a daily chart using a 300-point stop, the same R500 risk gives: R500 ÷ (300 × R18.50) ≈ 0.09 lots. Always match lot size to your actual stop distance.
About NAS100 — Key Drivers & Trading Hours
The Nasdaq 100 is the most popular index among Türk retail traders, offering concentrated exposure to the world's largest technology companies — Apple, Microsoft, Nvidia, Meta, Amazon, and Alphabet. The index trades around 18,000–20,000 points in current conditions, with a typical daily ATR of 200–400 points. On FOMC decision days or major earnings releases, intra-day swings of 600–800 points are common.
Key drivers: Federal Reserve interest rate expectations (tech stocks are long-duration assets, highly sensitive to rate changes), Big Tech earnings results (Apple, Nvidia, Microsoft report quarterly), US CPI and jobs data (every first Friday), and broader risk-on / risk-off sentiment. The NAS100 tends to lead other indices — a breakout in NAS100 often precedes moves in US30 and S&P500.
Active trading hours in SAST: 14:30–21:00 SAST covers the full US cash session (NYSE/Nasdaq open at 14:30, close at 21:00). The highest-volume window is 14:30–16:00 SAST (US open) and 19:00–21:00 SAST (power hour into close). FOMC statements at 20:00 SAST and CPI releases at 14:30 SAST are the highest-risk windows — spreads widen and stops can be hunted. Reduce position size by 50% around scheduled high-impact 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 →