Oil is the most actively traded commodity worldwide and its volatility is driven by the supply/demand of energy-driven nations and political and environmental factors. GMT4X offers Oil in USD with huge leverage of up to 1: 200 and best pricing from industry leading liquidity providers.
Crude Oil Contract Specification
Trading Session :
Starting Sunday 23:00 and ending on Friday 22:00 GMT
Trading is NOT available on daily basis from 22:00 to 23:00 GMT.
Trade Margin Calculation :
Position Contract Size / Leverage * Currency Pair Live Exchange Rate
Crude Oil Rollover Rates/Swaps
Rollover rate is defined as the interest added or deducted for holding an oil pair position open overnight. These rates are calculated as the difference between the overnight interest rate for two “currencies” that a trader is holding whether they are long (buy) or short (sell) positions.