AUS200 (ASX 200) Position Size and Point Value Calculator
This calculator turns a point move on the ASX 200 (AUS200) into a dollar figure, and works out the position size that matches your risk per trade. Enter your account currency, lot size and stop distance to see what a move in AUD is worth before you trade the stock index.
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Calculator
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Enter your numbers above.
How to use it
Select AUS200 and confirm the contract size of 1 pts per standard lot.
Enter your trade size in lots, plus mini or micro lots if you trade smaller size.
Enter the number of points you expect the price to move, based on 1 per point.
Read off the dollar value of the move and, if sizing a trade, the lot size that matches your stop-loss and risk amount.
AUS200 contract specification
Symbol
AUS200
Asset class
Stock index
1 point
1
Contract size (1 standard lot)
1 pts
Quote currency
AUD
Point value — Standard lot (1.0)
$0.705600
Point value — Mini lot (0.1)
$0.070560
Point value — Micro lot (0.01)
$0.007056
Swap (long, per lot per night)
-1.82 points = -$1.28
Swap (short, per lot per night)
0.33 points = $0.23
Swap data source
XM MT5, 2026-08-06
Points per point
1
Pip values for non-USD-quoted instruments are recalculated at the live FX rate when this page loads — the line next to the calculator shows which rate is in use, and falls back to the rate recorded at build time if that lookup fails. Swap is one broker's snapshot taken on the date in the table above; it changes daily and differs by broker, so check your own contract spec for the figure that applies to you.
Trading AUS200
Spread and swap differ by broker, which changes what a position actually costs you.
One point on ASX 200 (AUS200) is worth $0.705600 per standard lot, $0.070560 per mini lot, and $0.007056 per micro lot. These figures are already converted to US dollars, so you can read them straight off without doing any conversion yourself.
How much is 1 pip in AUS200?
On an index like the ASX 200 (AUS200), 'pip' and 'point' mean the same thing: the smallest price increment is 1 per point. So the pip value and point value figures above apply equally, whichever term your broker uses.
What is the AUS200 point value calculator used for?
It converts a point move on ASX 200 (AUS200) into a dollar amount for your exact lot size, so you know what a given move is worth in AUD before you enter a trade. It does not predict where price will go, it only does the arithmetic on the move you specify.
How do I calculate position size for the ASX 200?
Decide how much you are willing to risk in dollars, divide that by your stop-loss distance in points, then divide again by the point value for one lot to get the number of lots to trade. The calculator does this for you once you enter your risk amount and stop distance.
What is the contract size for AUS200?
One standard lot of ASX 200 (AUS200) represents 1 pts. Mini and micro lots scale this down by a factor of ten and a hundred respectively, which is why their point values are smaller.
Does AUS200 have overnight swap charges?
Yes, holding a position overnight incurs a swap charge that varies by broker and by direction. XM MT5, 2026-08-06 shows a long swap of -1.82 points (-$1.28 per standard lot per night) and a short swap of 0.33 points ($0.23 per standard lot per night), but you should check your own broker's contract spec since this changes daily and is not standardised across brokers.