Energy Trading: Which Energies does Exness offer?
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Exness
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Find out more about our USOil and UKOil contracts below:
USOIL
Account types | Standard, Pro, Raw spread, Zero |
Available suffixes |
|
Trading Terminals | MT4, MT5 |
Execution type |
|
Pip size | 0.01 |
Contract size | 1000 BBL |
Average spread (in pips) |
|
Minimum lot size (per position) | 0.01 lot |
Maximum lot size (per position) |
20 lots |
Fixed Leverage | 1:50 |
Hedged margin | 0% |
Triple swap day | Friday |
UKOIL
Account types | Standard, Pro |
Available suffixes |
|
Trading Terminals | MT4, MT5 |
Execution type |
|
Pip size | 0.01 |
Contract size | 1000 BBL |
Average spread (in pips) |
|
Minimum lot size (per position) | 0.01 lot |
Maximum lot size (per position) |
20 lots |
Fixed Leverage | 1:50 |
Hedged margin | 0% |
Triple swap day | Friday |
Margin Calculation
Example : Buy 5 lots US Oil at 52.934/52.992
Margin = (No. of Lots x Contract Size) / Leverage
= (5 x 1000) / 50 = 100 BBL
Convert margin to USD using the opening price (Ask price for Buy order)
Margin in USD = 100 x 52.992 = 5299.20 USD
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