Oil
- Trade OIL on a fixed 5 cent spread
- Why Trade Oil with ODL Markets?
- Oil Rollover Explained
- Oil Trading Spreads and Trading Hours
- Open an Oil Trading Account
Related Links
Trade Oil on MT4
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Oil CommentaryTrade OIL on a fixed 5 cent spread
Practice trading Brent & WTI mini spot oil contracts with your MT4 Demo
Why trade OIL with ODL Markets?
- MetaTrader 4: Advanced Charting and Expert Advisor compatible
- Fixed spread: Low fixed spread of 5 cents on both WTI and Brent oil trading
- Hedging Compatible: You are allowed to hold simultaneous long and short positions on the same account
- Commission Free: There are no commission charges, exchange costs, you only pay the spread.
- No Re-quotes on our WTI and Brent oil products giving you instant* execution
- Low Deal Sizes: Trade from as little as 0.1
- Competitive Leverage: We offer leverage of up to 400:1 on our energy products
Energy Product contract specifications
| Energy Product | Spread | Open Time (London Time) | Close Time (London Time) | Minimum Deal Size |
| West Texas Intermediate WTI (Crude Oil) | 5 Cent Spread | Daily 01.15 am | Daily 21.00 pm** | 0.1 Lots (100 barrels) |
| Brent Crude Oil OIL (Brent Crude) | 5 Cent Spread | Daily 07.15 am | Daily 21.00 pm** | 0.1 Lots (100 barrels) |
| Gas Oil GSO (Gas Oil) | $1.00 Spread | Daily 07.15 am | Daily 21.00 pm** | 0.1 Lots (10 metric tonnes) |
** with the exception of rollover day on oil products where trading will cease at 19:30 pm (London Time)
Important note: Our energy products are based on underlying single month futures contracts which are traded on recognised investment exchanges. The contract that you trade with ODL is subject to a roll-over every month. Tell me more about the roll over.
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Terms and Conditions
By registering you are agreeing to the ODL terms and conditions
