US Crude Oil / USOIL.S - Trading Details

Product Description

Crude Oil, also known as West Texas Intermediate (WTI) is the highest quality light, sweet crude oil available. WTI is important in the market because it is an oil benchmark. It is extracted primarily from land based oil fields in the southern & Midwest USA and also in the Gulf of Mexico. WTI oil is refined locally in the Midwest and is now exported globally.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO PRO
Spreads as low as 0.09 0.09 0.09
Size of 1 lot 100 Barrels 100 Barrels 100 Barrels
Minimum Contract size, lots 0.1 0.1 0.1
Maximum Contract size, lots 60 60 60
Tick value per 1 lot 1 USD 1 USD 1 USD
Volume limitation 100 lots per account 100 lots per account 100 lots per account
Margin requirement 0.5% 0.5% 0.5%
Minimum Price Increment 0.01 0.01 0.01
Limit and Stop Levels 15.0 15.0 15.0
Negative balance protection Yes Yes Yes
Swap free days allowance 6 6 6
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