Equity index futures
What is the Micro E-mini S&P 500 (MES) and how does it lower the capital barrier for retail traders?
By Easy Money Scanner · Educational reference · Not investment advice
The short answer
The Micro E-mini S&P 500 (MES) is 1/10th the size of ES, using a $5 multiplier to reduce capital and margin barriers for retail traders.
How it works
It mirrors the same index but with proportionally lower tick value and margin, making it more accessible to smaller accounts.
An example
MES tick value is $1.25 versus ES's $12.50 per tick.
Risk & limitations
Lower size doesn't remove leverage risk; losses still compound quickly.
Examples are hypothetical, not trade recommendations. US contract and regulatory references do not automatically apply in Canada. Rules, margin requirements and broker policies can change; confirm them with the relevant authority and your broker.