CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.
UBFX provides real-time CFD trading access to both the Brent and crude oil markets. High levels of liquidity, and guaranteed volatility provide the perfect set-up for profitable contracts for difference opportunities. Our tight spreads and no-dealing-desk execution will ensure a satisfactory trading environment. UBFC does not take positions in the market or trade against its clients.
Crude Oil CFD Conditions
Trading Hours - UK TimeSun - Fri 23:00 - 22:00 with a one hour gap at 22:00
Minimum Spread - Statistics for the last 14 days1.9
Decimal Place Quoted To3
Stops Level15
Contract/Lot Size1000
Minimum Trade Size0.01
Maximum Trade Size50
Trade Size Increment0.01
Minimum Funding$/£/€ 200
Leverage10:1
Transaction Fees0
Spread TypeFloating
ExecutionMarket Execution
Server TimeGMT +3
Account DenominationUSD, EUR, GBP

**All times are in current London Time. Please take note that trading hours may change during holidays. Clients will be informed of any changes by email.

***Please note that UBFX strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the spreads displayed here. Additionally, spreads may not be applicable to Japanese-yen-denominated accounts or client accounts of introducers. Certain currency pairs may not be available for all account types.Please note that during volatile market conditions and periods of low liquidity, and around economic data releases, spreads may increase momentarily on affected currency pairs. Volatile market conditions can result in prices gapping, which may prevent the execution of the following orders (sell stop, buy stop, stop loss) at the requested stop price. We strive to execute all stop orders at the requested price, market conditions permitting.

Expiration
Oil has a monthly expiration and clients that hold open positions of either US-OIL or UK-OIL upon ‘HML Expiration’ will be closed at our bid/offer rates at 21:15 (GMT time) on the expiration dates, shown in the tables below.
Example:

One day prior to expiration, the expiring month is trading at 61.00

The customer position is closed at 61.00 and the profit is credited to the clients trading account.

All pending Stop and Limit orders that are associated with the expiring contract will be cancelled.

The client will have to re-establish a new long position (if he so wishes to) for the next trading month and re-establish any Stop and Limit orders to the new open position.

Conditions
Trading Hours - UK TimeMon - Fri 01:00 - 22:00
Minimum Spread - Statistics for the last 14 days1.9
Decimal Place Quoted To3
Stops Level15
Contract/Lot Size1000
Minimum Trade Size0.01
Maximum Trade Size50
Trade Size Increment0.01
Minimum Funding$/£/€ 200
Leverage10:1
Transaction Fees0
Spread TypeFloating
ExecutionMarket Execution
Server TimeGMT +3
Account DenominationUSD, EUR, GBP

**All times are in current London Time. Please take note that trading hours may change during holidays. Clients will be informed of any changes by email.

***Please note that UBFX strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the spreads displayed here. Additionally, spreads may not be applicable to Japanese-yen-denominated accounts or client accounts of introducers. Certain currency pairs may not be available for all account types.Please note that during volatile market conditions and periods of low liquidity, and around economic data releases, spreads may increase momentarily on affected currency pairs. Volatile market conditions can result in prices gapping, which may prevent the execution of the following orders (sell stop, buy stop, stop loss) at the requested stop price. We strive to execute all stop orders at the requested price, market conditions permitting.

Expiration
Oil has a monthly expiration and clients that hold open positions of either US-OIL or UK-OIL upon ‘HML Expiration’ will be closed at our bid/offer rates at 21:15 (GMT time) on the expiration dates, shown in the tables below.
Example:

One day prior to expiration, the expiring month is trading at 61.00

The customer position is closed at 61.00 and the profit is credited to the clients trading account.

All pending Stop and Limit orders that are associated with the expiring contract will be cancelled.

The client will have to re-establish a newlong position (if he so wishes to) for the next trading month and reestablish any Stop and Limit orders to the new open position.