Oil
Oil, as one of the most traded and essential commodities, is viewed as a significant market driver. Invest in rising and falling market prices with Fortune FX LTD's low commissions, low leverage, and exceptionally fast execution.
Additional Information
How to calculate Profit & Margin on Forex Currencies ?
Facts behind the Calculations
Profit/Loss is always calculated on the last quoted currency of symbol.
Profit CalculatorMargin is always calculated on the first quoted currency of symbol.
Margin CalculatorSymbol | Description | Digits | Contract Size | Tick Size | Tick Value | Min. Volume | Max. Volume | Step Lot | Calculation | Profit Currency | Margin Currency | Margin | Margin Rates | Trading Hours (GMT+2) | ||
Initial Margin | Maintenance Margin | Initial Margin | Maintenance Margin | |||||||||||||
UKOil.> | Spot Brent Crude Oil | 3 | 100 UKOil | 0 | 0.0000000 | 0.01 | 20 | 0.01 | CFD | USD | USD | 100 | 100 | 1.0000000 | 0.0000000 | 00:00 - 23:58:59 |
USOil.> | Spot WTI Crude Oil | 3 | 100 USOil | 0 | 0.0000000 | 0.01 | 20 | 0.01 | CFD | USD | USD | 100 | 100 | 1.0000000 | 0.0000000 | 01:00 - 23:58:59 |
Commodities
The commodity pairs or commodity currencies, are those forex currency pairs from countries with large amounts of commodity reserves.
These pairs are highly correlated to changes in commodity prices since the countries produce and export various commodities. A commodity currency is a currency that co-moves with the world prices of primary commodity products. Traders and investors seeking exposure to commodity price fluctuations often take positions in commodity currency pairs as a proxy investment for buying commodities.
Symbol | Description | Digits | Contract Size | Tick Size | Tick Value | Min. Volume | Max. Volume | Step Lot | Calculation | Profit Currency | Margin Currency | Initial Margin /Maintenance Margin | Trading Hours (GMT+2) |
Copper.> | Copper | 4 | 25000 Copper | 0 | 0.0000000 | 0.01 | 5 | 0.01 | CFD | USD | USD | 0.0280000 | 00:00 - 23:58:59 |
NG.> | Natural Gas | 3 | 10000 NG | 0 | 0.0000000 | 0.01 | 5 | 0.01 | CFD | USD | USD | 0.0650000 | 00:00 - 23:58:59 |
XPTUSD.> | Platinum vs US Dollar | 2 | 50 XPT | 0 | 0.0000000 | 0.1 | 5 | 0.1 | CFD | USD | USD | 0.0500000 | 01:00 - 23:59:59 |