- Transparent Quotations
- Global Commodity Market
- Enhanced CFD Execution
- Ultra-low spreads
Trading of Spot energy contracts including Crude oil, Brent & Natural Gas from your MetaTrader 4 platforms against the US Dollar
Trading Energy contracts as a spot instrument has many advantages for investors who are only interested in price speculation. The Spot price is derived as a combination of the first and second nearby month future contract. This pricing method diminishes the level of volatility.
|Symbol||Type||Average Spread||Value of 1 lot||Minimum Price Fluctuation||Minimum Lots||Maximum Lots||Limit and Stop Levels||Margin Rate||Trading Hours|
|USOIL||Futures||18||1000||0.001 USD||0.01 lot||10||0.05||10%||01:05 – 23:55|
|UKOIL||Futures||28||1000||0.001 USD||0.01 lot||10||0.05||10%||03:05 – 23:55|
1 lots x 1000 barrel x $10.17 = $10170
Energy Trading Example
Trading Brent Oil
The price of Brent Oil is 100.48/100.52, you predict the crude oil price will rise, so you decide to buy 1 lot (1 lot = 1 barrel). No commission is charged on Energies
After one week, the Brent Oil has risen to 110.69/110.73 and you decide to take your profit, You close your position by selling all contracts at 110.69.
The calculation of your trading profits:
1. Energy Margin = Lot * Contracted value * Market price * Margin rate