Natural Gas (NGAS) Position Size and Pip Value Calculator
This page converts a lot size and a pip move in Natural Gas into a dollar figure, and works the other way to size a position against a stop-loss distance. Use it to check what a trade is worth in dollars before you enter it, not to predict where price will go.
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Calculator
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Enter your numbers above.
What a move is worth on NGAS
Lot size
1 pip
10 pips
30 pips
50 pips
100 pips
500 pips
Standard · 1.0
$1.00
$10.00
$30.00
$50.00
$100.00
$500.00
Mini · 0.1
$0.10
$1.00
$3.00
$5.00
$10.00
$50.00
Micro · 0.01
$0.01
$0.10
$0.30
$0.50
$1.00
$5.00
Value in USD per position at the current rate — counts are in pips. Change your lot size or stop distance in the calculator above to match a real trade.
One pip on NGAS works out as 0.001 × 1,000 MMBtu, already in US dollars. The table just multiplies that by your lot size and pip count.
How to use it
Select Natural Gas (NGAS) and enter the lot size you plan to trade.
Enter the pip move you want to test, or your stop-loss distance in pips.
The calculator returns the pip value in dollars for that lot size and the total dollar value of the move.
Change the lot size to see how the dollar value per pip scales up or down.
NGAS contract specification
Symbol
NGAS
Asset class
Commodity
1 pip
0.001
Contract size (1 standard lot)
1,000 MMBtu
Quote currency
USD
Pip value — Standard lot (1.0)
$1.00
Pip value — Mini lot (0.1)
$0.10
Pip value — Micro lot (0.01)
$0.01
Swap (long, per lot per night)
0 points = $0.00
Swap (short, per lot per night)
0 points = $0.00
Swap data source
XM MT5, 2026-08-18
Points per pip
1
All figures on this page are quoted directly in US dollars, so no exchange rate is involved.
Trading NGAS
Spread and swap differ by broker, which changes what a position actually costs you.
One pip in Natural Gas (NGAS) is a price move of 0.001, worth $1.00 per standard lot, $0.10 per mini lot, and $0.01 per micro lot. Multiply the pip value by the number of pips moved to get the dollar value of a trade.
What is the pip value for a 0.01 lot in NGAS?
A 0.01 lot is a micro lot, so each pip is worth $0.01. Enter 0.01 as the lot size in the calculator above to confirm this for any pip count.
How do I use the Natural Gas position size calculator?
Enter your account risk in dollars and your stop-loss distance in pips, and the calculator works out the lot size that keeps your dollar risk at that figure for Natural Gas (NGAS).
What is the contract size for NGAS?
One standard lot of Natural Gas (NGAS) represents 1,000 MMBtu. A mini lot is a tenth of that and a micro lot is a hundredth.
Does NGAS charge overnight swap?
The current broker snapshot in XM MT5, 2026-08-18 shows swap at zero points both long and short, so there is no overnight charge or credit right now. Swap changes daily and differs by broker, so check your own broker's contract spec before holding a position overnight.
Why does pip value change with lot size in Natural Gas?
Pip value scales directly with position size: a mini lot pays one tenth of the standard lot value ($0.10), and a micro lot pays one hundredth ($0.01). The calculator applies this ratio automatically once you set the lot size.