XM does not provide services to residents of the United States of America.
Why Trade Oil (WTI Oil) with XM?
At XM we offer Oil (WTI Oil) as cash and futures CFDs. Our cash index CFDs are undated transactions that aim to replicate the cash price of the underlying index, and so they are adjusted for interest and dividends. Index futures CFDs expire on specific future dates and are cash-settled on the expiry date.
Trading Conditions
OIL Cash |
|
|---|---|
| Min Margin Percentage | 10% |
| Spread as low as (quote currency) | 0.03 |
| Symbols | OILCash |
| Description | WTI Oil Cash |
| Min. Price Fluctuation | 0.01000 |
| Value of Minimum Price Fluctuation | 1 USD |
| Value of 1 lot | 100 Barrels |
| Spread as low as (quote currency) | 0.03 |
| Min/Max Trade Size MT5 | 0.01/300 |
| Swap Value in Margin Currency Long | 0.21 |
| Swap Value in Margin Currency Short | -1.72 |
| Limit and Stop Levels | 0 |
OIL Future |
|
|---|---|
| Min Margin Percentage | 10% |
| Spread as low as (quote currency) | 0.03 |
| Symbols | OIL |
| Description | WTI Oil |
| Min. Price Fluctuation | 0.01000 |
| Value of Minimum Price Fluctuation | 1 USD |
| Value of 1 lot | 100 Barrels |
| Spread as low as (quote currency) | 0.03 |
| Min/Max Trade Size | 1/280 |
| Limit and Stop Levels | 0 |
Weekday 01:05 - 23:55 (GMT +2)
Monday Open 01:05 (GMT +2)
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Friday Close 23:10 (GMT +2)
** Only if Margin Level is over 100%
How to Start Trading Oil (WTI Oil)?
Step 1
Open an XM Real Account
Step 2
Download and login to the MT5 platform
Step 3
Double-click on Oil (WTI Oil) from the “Market Watch” to open an order for this instrument.
