The Contracts System
FairTicks uses NANO, MICRO, and MINI contracts to structure simulated position size. Contracts make simulated tick value and committed exposure 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 NANO, MICRO, and MINI quantities determine both the position’s total tick value and the exposure reserved on the account.
This makes sizing easier to understand because every trade has a visible tick value before execution.
Manual and Preset position building
FairTicks offers two ways to compose a position:
| Mode | How it works | What remains under your control |
|---|---|---|
| Manual | Select NANO, MICRO, and MINI directly, or use Quick Exposure at 25%, 50%, 75%, or MAX. | Contracts, direction, Stop Loss, and Take Profit. |
| Preset | Choose Conservative, Balanced, or Aggressive. FairTicks builds a contract mix from the account’s remaining exposure. | The Stop Loss remains configurable within the selected account’s risk-per-trade limit. Optional Stop Loss can be enabled or disabled; required Stop Loss cannot be disabled. |
MAX uses the account’s remaining exposure capacity. It is not a recommendation and can consume available drawdown quickly. FairTicks displays an additional warning before opening at maximum exposure.
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 supplied by the platform. If the official contract-value payload is unavailable, FairTicks disables the position preview and opening action rather than inventing fallback values.
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 maximum 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 maximum exposure, the selected account’s Stop Loss rules, account status, cooldown, breach, market availability, or other account rules.
One active position per market
FairTicks allows one active position per account and market. You cannot stack another position or hold both Long and Short on the same symbol at the same time.
To change direction, close the current position first or use Reverse Trade where available. Reverse Trade closes the current position, opens the inverse direction if every validation passes, carries forward valid Stop Loss and Take Profit settings, and applies a 7.5-second cooldown.
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, the selected account’s Stop Loss rules, 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 maximum exposure, the selected account’s Stop Loss rules, 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 affect simulated tick value and position exposure, which can influence recorded trading costs. Use the opening commission, closing commission, and net result recorded by FairTicks; do not assume one universal percentage.
“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.