Crude Oil Trading

online oil trading

Online Oil Trading

Crude Oil sometimes mistakenly confused with petroleum, is a liquid found in the Earth made of hydrocarbons, organic compounds, and tiny amounts of metal. There are many types of crude produced around the world and the quality characteristics are reflected in the value. The most important characteristics are sulphur content, which define the oil as sweet or sour, and density, which ranges from heavy to light.

The higher priced crudes are usually light (lower density) and sweet (low sulphur amounts). It is less expensive to produce energy products, such as gasoline and diesel, using a light sweet crude oil. These grades are in higher demand since they can be processed with refineries requiring less energy.

Start trading oil with Friedberg Direct.

What is Brent Crude Oil?

Brent is the major benchmark for oil purchased around the world and is used to price 2/3 of the world’s internationally traded oil. It is considered a sweet light crude oil meaning low density and low Sulphur content.

WTI and Brent Crude Oil Trading

Trade oil on the most advanced platforms with high leverage, competitive spreads, exclusive news, analysis and educational materials.

As one of the world’s leading forex and CFD brokers, Friedberg Direct offers several distinct advantages for oil traders.

  • Trade WTI and Brent crude oil
  • Get leverage on your trades
  • Trade on MetaTrader 4 a favourite platform worldwide for traders
  • Full support for expert advisors and trading bots
  • Copy experienced traders with Duplitrade autotrading platform
  • Get live technical support whenever the market is open

Oil & Energy CFDs

One of the main advantages of trading commodity CFDs (contracts for difference) with Friedberg Direct is the flexibility and freedom they offer the trader. With CFDs you can trade crude oil and other energy products at live market rates without any of the fees or complications associated with trading directly in the oil futures market.

You can both buy long and sell short without any restriction and without paying a fee, so you can put your analysis into action in whichever direction you think the market is headed.

Exchanges

WTI (West Texas Intermediate): is the oil derived from wells in the U.S and sent to Oklahoma by pipeline. It is, however, expensive to ship around the globe. WTI is the benchmark for all oil in the United States and is traded on the NYMEX exchange.

Brent Crude: This oil comes from fields in the North Sea and includes Brent and Forties blends, as well as Oseberg and Ekofisk crudes. Easy to transport to far locations, this light and sweet oil is ideal for refining diesel and gasoline. Traded on the ICE EUROPE exchange.

Trading Conditions at Friedberg Direct:

WTI Crude Oil:

  • Spread 0.03
  • Minimum Trade Size 10
  • Increment 0.01
  • MT4 Symbol CrudeOIL

Brent Oil:

  • Spread 0.03
  • Minimum Trade Size 10
  • Increment 0.01
  • MT4 Symbol BRENT_OIL

For new and established investors looking to trade oil, Friedberg Direct offers many additional benefits, including educational tools to help you succeed, around the clock customer service, and daily market analysis and charts, which are sent to you regularly.

Start trading oil with Friedberg Direct.