The Contracts System
FairTicks uses NANO, MICRO, and MINI contracts to structure simulated position size. Contracts make your trade size visible before execution, without user-selected leverage, margin calls, or liquidation mechanics.
Contracts are designed to make position sizing simple and intentional. Instead of choosing leverage, traders choose a visible simulated tick value.
What are contracts?
A contract represents a predefined simulated tick value. When you open a position, you choose how many contracts you want to use. Your selected contracts determine the position tick value and the simulated exposure used by FairTicks.
This makes sizing easier to understand because every trade has a visible tick value before execution.
Official contract types
| Contract | Simulated tick value | Best use case |
|---|---|---|
| NANO | $1 / tick | Smaller sizing and controlled risk practice |
| MICRO | $5 / tick | Standard controlled positions |
| MINI | $10 / tick | Larger simulated exposure when your account rules allow it |
Contract values are simulated FairTicks values. They are used to calculate official simulated PnL, exposure, and risk proximity inside FairTicks.
How the tick value is calculated
The total tick value of a position equals the sum of all selected contracts.
You open a BTCUSDT long position using:
5 NANO + 2 MICRO + 1 MINI
Tick value = (5 × $1) + (2 × $5) + (1 × $10) = $25 per tick
If the official FairTicks price moves +10 ticks in your favor, the simulated profit is +$250.
Why FairTicks uses contracts instead of leverage
Leverage can make position size difficult to understand, especially under pressure. FairTicks uses contracts so that your position size is based on visible tick value instead of a hidden leverage multiplier.
- No user-selected leverage multiplier.
- No margin call mechanic.
- No liquidation mechanic.
- No hidden exposure from leverage.
- Every trade has a visible simulated tick value before execution.
The Contracts System is built to reduce impulsive oversized positions. Your exposure is based on the contracts you use, not on hidden leverage.
Available contracts and limits
Each FairTicks account can have its own available contracts. Your dashboard shows how many NANO, MICRO, and MINI contracts are available for the account.
When you open a position, the selected contracts are used by that position. When the position is closed and settled, those contracts are no longer tied to that open position.
Limits can depend on:
- The selected account model.
- The simulated account size.
- The contracts available on your account.
- Contracts already used by open positions.
- The account max exposure limit.
- The account status, such as
ACTIVE,COOLDOWN,FROZEN, orBREACHED.
Having available contracts does not always mean a trade can be opened. A trade can still be blocked by max exposure, stop loss requirements, account status, cooldown, breach, market availability, or other account rules.
How contracts affect risk management
Contracts do not remove risk. They make risk easier to see before opening a trade. Traders are still responsible for respecting the account rules, exposure limits, stop loss requirements, and breach floors.
A larger contract combination means a larger tick value. This means each official tick movement has a bigger impact on simulated PnL.
A position with $5 per tick moves more slowly than a position with $50 per tick. If both positions move 10 ticks against you, the first loses $50, while the second loses $500.
Using fewer contracts does not guarantee account success. Using more contracts does not guarantee faster progress. The goal is to choose a size that respects your account rules and keeps your risk controlled.
Contracts vs traditional leverage
| System | How sizing works | Main risk |
|---|---|---|
| Traditional leverage | Position size is multiplied by leverage | Exposure can become hard to judge under pressure |
| FairTicks contracts | Position size is based on selected tick-value contracts | Risk remains visible through committed contracts and official FairTicks PnL |
When should each contract type be used?
There is no universal answer. The right contract combination depends on your account, your trade setup, your available contracts, and your risk framework.
- Use NANO when you want smaller simulated tick value.
- Use MICRO when you want moderate simulated tick value.
- Use MINI only when your account rules and risk plan allow larger simulated tick value.
Smaller contract combinations make it easier to understand how tick value affects simulated PnL, drawdown, and proximity to risk limits.
Common questions
“Are contracts the same as leverage?”
No. Contracts are not leverage. FairTicks does not ask you to choose a leverage multiplier when opening a position. Contracts define simulated tick value and exposure in a visible way.
“What is the value of one NANO contract?”
One NANO contract represents $1 per tick.
“What is the value of one MICRO contract?”
One MICRO contract represents $5 per tick.
“What is the value of one MINI contract?”
One MINI contract represents $10 per tick.
“Why can’t I open a position even if I still have contracts available?”
Available contracts are only one condition. A position can also be blocked by max exposure, stop loss requirements, account status, cooldown, market availability, breach status, or other account rules.
“Do contracts affect my official PnL?”
Yes. Contracts define the simulated tick value of your position. Official FairTicks PnL is calculated using the FairTicks pricing and PnL rules, including your selected contracts.
“Do contracts affect commission?”
Contracts can affect the simulated exposure of a position. Commission is calculated from exposure according to the FairTicks commission rules. See the Fees and commissions article for details.
“Can I use unlimited contracts?”
No. Each account has its own available contracts and exposure limits. The dashboard shows what is available for your account.
Contracts make trade size visible.
NANO, MICRO, and MINI contracts define your simulated tick value. The larger the contract combination, the larger the PnL impact of each official FairTicks tick.