Energy

Master the art of diversification by investing in energies! Explore commodities with GTCFX!

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Energy

Execution Type

Market

Symbol

Avg. spread

pips

Commission

per lot/side

Margin

1-2000

Long swap

pips

Short swap

pips

Stop level

pips

UKOIL.s

Crude Oil Brent

Extended Swap-free available

116$00.05%−5.83-7.730

USOIL.s

Crude Oil

Extended Swap-free available

62$00.5%-6.41-4.810

Trading hours

InstrumentOpenClose
USOIL, XNGUSD

Sunday

23:10

Friday

21:45

Daily break 21:45-23:10

UKOIL

Monday

01:10

Friday

21:55

Daily break 21:55-01:10

All timings are in server time (GMT+0).

Spreads

Spreads are always floating, so the spreads in the table above are yesterday’s averages. For live spreads, please check your platform.

Fixed margin

Margin requirements for energies always remain fixed, regardless of the leverage you use, except for specific periods of higher margin requirements:

  • For USOIL: from 17:45 GMT+0 on Friday to 22:59 GMT+0 on Sunday
  • For UKOIL: from 17:45 GMT+0 on Friday to 00:30 GMT+0 on Monday

During the above periods, the margin requirements for both USOIL and UKOIL are set at 5% (1:20 leverage).

Stop level

Please note that the stop level values in the table above are subject to change and may not be available for traders using certain high-frequency trading strategies or Expert Advisors.

Swaps

Swap is the interest that is applied to all energies trading positions that are left open overnight. When the swap rate is negative, this means that a swap is deducted from a position. However, when there’s a positive figure for the swap rate, the amount is credited. Swaps occur at 22:00 GMT+0 each day, excluding the weekend, until the position is closed.

Please bear in mind that when trading energies, triple swaps are charged on Fridays to cover financing costs incurred over the weekend.

We do not charge swaps for the instruments marked in the table above if you have Extended swap-free status.

If you are a resident of a Muslim country, all accounts are automatically swap-free.

title

What is CFD trading?

CFD stands for Trading contracts for difference. While investing in CFDs investors do not own the actual asset however they enable the inverter to speculate on financial markets, such as forex, commodities, and or indices.

GTFX offers CFD trading in Forex, Commodities, and several other products as well.

What are ‘rolling commodities’ and does GTCFX offer any?

How much swap is charged on trading energies?

Do I get any sort of special offer if I trade energies with GTCFX?

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Risk Warning: Investing in derivative products carries significant risks and may not be suitable for all investors. Leveraging in these instruments can increase the level of risk and potential loss exposure. Before making any decision to engage in foreign exchange trading or CFDs, it is essential to carefully assess your investment objectives, level of experience, and risk tolerance. You should only invest funds that you can afford to lose. We strongly encourage you to educate yourself thoroughly about the associated risks and, if you have any questions, seek advice from an independent financial or tax advisor.

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