Pip Value & Contract Specifications
US30 (Dow Jones Industrial Average, also called DJIA or Wall Street 30) is an index CFD. The contract specification gives a point value of approximately $1.00 per index point per standard lot at most CFD brokers including FxPro. At USD/INR 84.00 that equals βΉ84.00 per point per lot β the same basis as NAS100, but the Dow's lower daily range means tighter stops and more manageable position swings for Indian traders.
Always verify in MT4/MT5: right-click the US30 symbol β Specification β check contract size and tick value for your account type.
| Lot Size | Point value (USD) | Point value (INR @ 84.00) | 50-point stop | 150-point stop |
|---|---|---|---|---|
| 0.01 (micro) | ~$0.01 | ~βΉ0.84 | ~βΉ42.00 | ~βΉ126.00 |
| 0.10 (mini) | ~$0.10 | ~βΉ8.40 | ~βΉ420.00 | ~βΉ1,260.00 |
| 0.50 | ~$0.50 | ~βΉ42.00 | ~βΉ2,100 | ~βΉ6,300 |
| 1.00 (standard) | ~$1.00 | ~βΉ84.00 | ~βΉ4,200 | ~βΉ12,600 |
All values indicative at USD/INR 84.00. Verify contract specifications with your broker before trading.
| Instrument class | Index CFD |
|---|---|
| One point | 1 |
| Standard lot | 1 index unit |
| Value of one point per lot | $1.00 |
| Typical spread | 0.5 points β Β· FxPro verified |
| Notional value of one lot | β |
| Margin on one lot at 1:30 / 1:100 / 1:500 | β |
The last two rows move with the market and are filled in from the live rate; everything above them is fixed by the contract. Leverage available to you depends on your regulator and account type β check it in the platform before you size a position.
Position Sizing Example
Suppose you have a βΉ2,00,000 account and risk 1% per trade (βΉ2,000). You set a 100-point stop loss on US30 (appropriate for a 1-hour chart trade).
At USD/INR 84.00, each point per lot = βΉ84.00. The formula:
Lots = Risk Γ· (Stop points Γ Point value in INR)
Lots = βΉ2,000 Γ· (100 Γ βΉ84.00) = βΉ2,000 Γ· βΉ8,400 β 0.24 lots
Round down to 0.20 lots. On a daily-chart trade with a 200-point stop, the same βΉ2,000 risk allows: βΉ2,000 Γ· (200 Γ βΉ84.00) β 0.12 lots. The Dow's comparatively lower volatility versus NAS100 often permits slightly larger position sizes for the same stop distance, which can suit traders who prefer a more measured approach.
| Currency | Central bank | Policy rate | What moves it |
|---|---|---|---|
| US30 | Dow Jones Industrial Average | No policy rate | earnings Β· FOMC Β· real US yields |
About US30 β Key Drivers & Trading Hours
The Dow Jones Industrial Average is the world's most recognised stock index, comprising 30 blue-chip US companies including Goldman Sachs, Boeing, Johnson & Johnson, Caterpillar, and JPMorgan Chase. Trading near 42,000 points in current market conditions, with a typical daily ATR of 100β300 points. This is lower than NAS100's 200β400 points because the Dow is price-weighted and dominated by traditional industries rather than high-growth technology firms.
Key drivers: Federal Reserve interest rate decisions, US economic data releases (ISM Manufacturing, Consumer Confidence, Non-Farm Payrolls), quarterly earnings from Dow component companies (particularly financial heavyweights Goldman Sachs and JPMorgan), oil prices (Chevron is a component), and broader global risk sentiment. The Dow tends to be more defensive than NAS100 β it typically falls less during technology-driven sell-offs but also captures less of the upside during tech rallies.
Active trading hours in IST: 19:30β03:30 IST for the full US cash session. The highest-volatility window is around the US market open (19:30β20:30 IST) and heading into the close (02:00β03:30 IST). Non-Farm Payrolls (first Friday of each month at 19:00 IST) is consistently the single largest volatility event for US30. On FOMC announcement days (8 times per year), expect 200β400 point moves within minutes of the 01:30 IST decision release.
Spreads are tightest when two sessions are open at once and widest when one desk has gone home and the next has not arrived. The shaded band is the overlap.
Pip values sourced from ECB reference data (Frankfurter API). All values are indicative and for educational purposes β not live trading quotes. See full pip value table β
