IBEX 35 (ESP35) Position Size & Point Value Calculator
This page works out what a given point move in IBEX 35 (ESP35) is worth in dollars, and sizes a position against the dollar amount you're willing to risk. It multiplies out the numbers you enter; it does not estimate or predict what a trade will actually return.
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Calculator
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Enter your numbers above.
How to use it
Enter your account currency and the amount you're willing to risk on the trade.
Enter your stop-loss distance in points.
Select standard, mini, or micro lot to see the position size and the dollar value of one point.
Check the swap section below for the overnight cost of holding the position long or short.
ESP35 contract specification
Symbol
ESP35
Asset class
Stock index
1 point
1
Contract size (1 standard lot)
1 pts
Quote currency
EUR
Point value — Standard lot (1.0)
$1.155400
Point value — Mini lot (0.1)
$0.115540
Point value — Micro lot (0.01)
$0.011554
Swap (long, per lot per night)
-2.85 points = -$3.29
Swap (short, per lot per night)
-0.17 points = -$0.20
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 ESP35
Spread and swap differ by broker, which changes what a position actually costs you.
One point move in IBEX 35 (ESP35) is worth $1.155400 per standard lot, $0.115540 per mini lot, and $0.011554 per micro lot. Enter your own lot size in the calculator above to see the figure for your position.
What is the ESP35 point value?
The point value is the dollar amount one point of price movement is worth for a given lot size, which for IBEX 35 (ESP35) works out to $1.155400 on a standard lot. This scales down directly for mini and micro lots, shown as $0.115540 and $0.011554 above.
Is there a difference between a pip and a point on IBEX 35?
No, for IBEX 35 (ESP35) the smallest price increment is quoted in points, so pip and point refer to the same 1 move. Any pip value calculator for this instrument is simply calculating point value.
How do I calculate ESP35 pip value manually?
Multiply the number of points the price has moved by the per-lot point value, $1.155400 for a standard lot, then scale for your actual lot size. The calculator above does this automatically once you enter your lot size and stop distance.
How large is one IBEX 35 lot?
One standard lot of IBEX 35 (ESP35) equals 1 pts. Contract size can vary by broker, so confirm the figure in your own broker's contract specification before sizing a trade.
What does it cost to hold ESP35 overnight?
XM MT5, 2026-08-06 shows a long swap of -2.85 points (-$3.29 per standard lot) and a short swap of -0.17 points (-$0.20 per standard lot). Swap rates change daily and differ by broker, so check your own account's contract spec for the current figure.