WTICrude/BrentCrud vs WTISpot/BrentSpot – What’s the difference?

You can trade four different Energy instruments at FXChoice: WTICrude BrentCrud WTISpot BrentSpot WTICrude and BrentCrud are expiring contracts that closely follow the real nature of the market. They have expiration dates and rollovers, which can cause confusion for newbies. WTISpot and BrentSpot are non-expiring synthetic spot contracts designed to eliminate [...]

How do Energy CFDs work?

Before you begin trading oil, you need to understand how these instruments work. Futures contracts for oil are tied to delivery months — when physical oil must be delivered. All of our Energy CFDs are based on those contracts, but WTICrude and BrentCrud match the real market more closely and often cause confusion among new traders. [...]

How is commission calculated?

The commission for a round-lot is charged at USD 7. But when USD is not the base currency, it can be confusing, so please see the example below: Example: 1-lot EURUSD trade at the exchange rate of 1.3200 will be subject to a commission of USD 9.24, as the base currency is not USD. [...]

How is the Margin calculated?

Margin = Trade Volume/Account Leverage Example: Margin = 1-lot USDCHF/1:200 Margin = 100,000/200 Margin = USD 500 So, on a 1-lot USDCHF trade the Margin is USD [...]

Am I limited to a specific number of trades?

In a word, no. While we have no limit on how many trades you can open per day, there is a limit on the number of positions that you can run at any one time. You can simultaneously open up to 300 positions on your Demo or Live [...]