Crude Oil Introduction
Why Invest in Crude Oil ?
5*24 hours of uninterrupted quotation, two-way trading mechanism, can be bought and sold at any time. Every price fluctuation offers an opportunity to buy or sell to increase your profit
The market is in line with the international market, based on international crude oil prices, the price is completely transparent, its amazing daily trading volume, so no one can control its price.
Compared with crude oil futures contracts with a minimum trading volume of 1000 barrels, hc offers crude oil contracts with a minimum trading volume of 10 barrels. Its low cost and high leverage characteristics, to achieve real low investment and high return.
High Investment Value
Crude oil, known as the King of Black Gold, is a rare non-renewable resource, national strategic reserve resources, global supply and demand continue to be tight, with a high investment value.
MarginThe margin requirement is 2%, which is 1:50 leverage. Trading Hours (GMT-5): Based on the actual contract trading time, please refer to the specification of each instrument.
|Instrument||Contract Size(=1 Lot)||Min Trade Size (Lot)||Max Trade Size (Lot)||Floating Average Spread||Instrument||Contract Size(=1 Lot)||Min Trade Size (Lot)||Max Trade Size (Lot)||Floating Average Spread|
|XTIUSD||1,000 barrels||0.01||20||38||XNGUSD||10,000 MMBtu||0.01||20||38|
Sell Crude Oil (XTIUSD)
1 lot of crude oil contract (XTIUSD) is 1000 barrels.
The customer thought that the price of crude oil would fall, so the customer decided to sell XTIUSD.
Assuming that the price of XTIUSD is 61.870/90, the customer sold 5 lots of XTIUSD at 61.870.
When the price of XTIUSD fell to 61.650/90, the customer decided to close the position, and he bought 5 lots of XTIUSD at 61.690.
|Sell 5 lots of XTIUSD with a price of 61.870||61.870*1000*5=309,350 USD (Contract Value)|
|The margin requirement is 2%||309,350*2%=6187 USD Initial margin (will change due to market price)|
|The commission is 0.0036% of the contract value (unilateral)||309,350*0.0036%*2=22.27 USD (It is assumed that the closing price is the same as the opening price, so the commission will change due to market price.)|
|Close 5 lots of XTIUSD (buy), the buying price is 61.690||(61.870-61.690)*1000*5-22.27=877.73 USD Profit|