MCX Mini and Micro Contracts: Trade Gold, Silver and Crude Oil With Smaller Capital
Lot sizes, what a ₹1 move means per lot, and which gold, silver and crude oil contract suits your capital.
Key takeaways
- MCX lists smaller versions of gold, silver and crude oil contracts.
- A smaller lot means a smaller rupee change for every tick, and a lower margin.
- Gold Mini moves ₹10 per lot for a ₹1 move; Silver Micro moves just ₹1.
- Size every trade from the stop-loss backwards, whatever the contract.
01Why smaller MCX contracts matter
Gold, silver and crude oil are the most traded commodities on MCX. Their full-size contracts need large margins, which keeps many traders away. Margin moves roughly with the value of one lot, so a smaller lot means a lower margin and a smaller rupee change for every tick.
That makes it possible to trade these markets with limited capital and still keep a proper stop-loss.
02Contract sizes at a glance
| Contract | Lot size | Price quoted | ₹1 move = per lot |
|---|---|---|---|
| Gold | 1 kg | per 10 gram | ₹100 |
| Gold Mini | 100 gram | per 10 gram | ₹10 |
| Silver | 30 kg | per kg | ₹30 |
| Silver Mini | 5 kg | per kg | ₹5 |
| Silver Micro | 1 kg | per kg | ₹1 |
| Crude Oil | 100 barrels | per barrel | ₹100 |
| Crude Oil Mini | 10 barrels | per barrel | ₹10 |
Source: contract data on our MCX lot size calculator. MCX also lists smaller gold contracts such as Gold Petal and Gold Ten. Check their current size on the MCX website before you trade, because exchanges revise specifications from time to time.
03What a ₹1 move means for your position
Here is the same price move on two gold contracts:
Always size the trade from the stop-loss backwards. Decide how much you can lose on the trade, then choose the contract and number of lots that fit.
04Which contract suits which trader
Silver Micro, Crude Oil Mini
Low rupee risk per lot, along with the smaller gold contracts.
Gold Mini, Silver Mini
More exposure while staying far below full-size contracts.
Gold, Silver, Crude Oil
Full-size lots, only for a high risk appetite.
05Trading hours and when our calls come
Our MCX tips for gold, silver and crude oil use Gold Mini, Gold Ten, Gold Petal, Silver Mini, Silver Micro and Crude Oil Mini, so you do not need to watch the screen late at night.
06Risks to keep in mind
Check today’s MCX gold levels, silver levels and crude oil levels before you plan a trade.
?Frequently asked questions
What is the lot size of MCX Gold Mini?
Gold Mini has a lot size of 100 gram, and its price is quoted per 10 gram. A ₹1 move in the quote changes the value of one lot by ₹10.
What is the lot size of Silver Micro?
Silver Micro has a lot size of 1 kg, and its price is quoted per kg. A ₹1 move changes the value of one lot by ₹1.
What is the lot size of Crude Oil Mini?
Crude Oil Mini has a lot size of 10 barrels, quoted per barrel. A ₹1 move changes the value of one lot by ₹10.
Can I trade MCX with ₹1 lakh?
Yes, with small contracts and a strict stop-loss. Our MCX tips plan uses small contracts and needs a minimum capital of ₹1 lakh. Margin varies, so check it with your broker.