SGL

Crude oil

Crude oil is one of the most important natural resources in the world and one of the most frequently traded commodities. In SGL platform spot crude oil can be traded. That is, a spot contract that uses a certain quality of crude oil as a subject matter of the transaction is a CFD transaction. It does not involve the goods itself, only the margin as risk guarantee. The transaction implements the T+0 trading system, which can buy up or down, no restrictions, degree of risk is small, flexible delivery, and easy to cash in. For investors, investment is stronger than other types of trading and the returns are high. At the moment, the SGL platform provides customers with widely traded U.S. crude oil (West Texas intermediate) and Brent crude, which investors can trade easily with just one account.

Why choose to trade crude oil?

  • Low spreads, low transaction cost.
  • Two-way trading with hedging functions.
  • No limit of fluctuation board, small risk.
  • Price fluctuation is affected by supply and demand, the market is easy to grasp.
  • Execute quickly, without duplicate quotations.
  • Can set up many types of pending order commands such as stop earning or stop losing to hold positions.

Trading data

With SGL crude oil trading, customers can enjoy advanced trading tools, extremely competitive spreads and efficient execution speed, and can profit regardless bull or bear market.

The product name Minimum number of traders Maximum number of trades. The contract unit Pending order distance Margin ratio
(depending on net value and balance)
transaction time (Beijing time) transaction time (MT4 time)
USO/USD 0.1 20 1,000 2.4 2% Monday to Friday: 07:00-05:59 Monday to Friday:01:00-24:00
UKO/USD 0.1 20 1,000 2.4 2% Monday to Friday:09:00-05:59 Monday to Friday:03:00-24:00

Spark Global Limited reminds you to consider the risk of increasing leverage. Relatively small fluctuations in the market may be scaled up, which may have a greater impact on the amount of money you have deposited or will be deposited in. This may be detrimental to you and may be beneficial to you. You may lose all the original margin and deposit additional funds to cover.

Risk note:all foreign exchange, precious metals and CFD contract product margin trades are accompanied by significant risk and therefore are not suitable for all investors. Please be sure to invest in your own tolerable range after fully understanding the risks. For more details on the risks, please refer to SGL's risk statement.