With our competitive Oil spreads you are able to invest in the oil based markets without having to worry about anything else other than the price movements. The financing of positions in the Oil markets is made easier through the use of leverage.
| Energy | Typical Spread (pips) | Swap Short (points) | Swap Long (points) | Limit/Stop Levels (pips) | Used Margin in this example* | 1 pip value per 1 lot | Size of 1 lot |
|---|---|---|---|---|---|---|---|
| UKOIL | 0.4 | 0 | 0 | 5 | $100/EUR75 per lot*** | USD 1 | 100 Barrels |
| USOIL | 0.8 | 0 | 0 | 10 | $100/EUR75 per lot*** | USD 1 | 100 Barrels |
| NGAS | 7.5 | -1 | -13 | 7 | $50/EUR45 per lot | USD 1 | 1000 MMBtu |
* Margin Based on a position size of 1 lot
*** Margin of $100/lot is calculated based on 400:1 leverage account.
Note: Maximum trade size for USOIL and UKOIL is 1 standard lot per live account at a time.
| Trading Product | Trading Hours (GMT+3) | Break Time (GMT+3) |
|---|---|---|
| UKOIL | Monday 03:00 - Friday 23:45 | Daily 00:15 - 03:00 |
| USOIL | Monday 01:00 - Friday 23:45 | Daily 00:15 - 01:00 |
| NGAS | Monday 01:00 - Friday 23:45 | Daily 00:00 - 01:00 |
Attention: During the time period from 23:55 to 00:15 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders will not be executed during these times.
The Trading Desk will ensure that the flow of pricing reflects current market prices for the open during which time any orders or trades held over the weekend will be subject to execution. During this time the pricing being streamed is non-executable for new market orders.
Note: Following the move from one trading session to another, from time to time there is a degradation in market liquidity. This is normal behavior in the market but may result in some orders being filled at a price different to that requested and that the spreads may also widen during this time. After the open, traders may place new trades, and cancel or modify existing orders.
All Energy contracts are subject to an overnight SWAP with triple SWAPS being applied on the positions held over a Wednesday.
Please note that both Oil contracts are in USD.