Energy prices are highly volatile, influenced by political and environmental factors. Supply and demand dynamics play a significant role in these fluctuations, with global economic growth being a major determinant. Among energy commodities, crude oil remains the most actively traded and liquid asset in the market.
Pair | STP Target Spread | ECN Target Spread 1 |
---|---|---|
XTIUSD | 3 | 1.8 |
XBRUSD | 3 | 1.8 |
Instruments | Symbol | Contract Size | Currency | Min. Trade Size | Leverage | Max. Trade Size | Min. Stop Level (Points) | Trading Hours 2 |
---|---|---|---|---|---|---|---|---|
Spot XTIUSD Crude Oil | XTIUSD | 1000 Barrels | USD | 0.01 | 1:200 | 50 | 1 | Monday – Friday 01:01 – 23:59 |
Spot XBRUSD Crude Oil | XBRUSD | 1000 Barrels | USD | 0.01 | 1:200 | 50 | 1 |
Monday – Friday |
*Slippage may occur during volatile market conditions.
1 For ECN accounts, a commission charge of USD$4 / €4 per lot applies.
2 In the event of any inconsistency between these trading hours and those on MT4/MT5, the trading hours on MT4/MT5 shall prevail.
Our Server Time is set to GMT+3 during DST, GMT+2 after DST.
There are different leverages to cater to our clients’ trading preference, with leverage up to 1:500.
Please refer to the available leverages based on the account types.
Margin Requirement is an initial deposit required to maintain open positions. A portion of your trading account amount will be set aside as a margin deposit and this will be dependent on your leverage setting.
Example 1:
Margin requirement for one standard contract position in UKOIL/USD at 48.033 with a leverage of 1:100 is calculated as follows:
Margin= (Lot Size*Contract Size*Market Price)/Leverage
Margin = (1 * 1000 * $48.033) / (100) = $480.33
Example 2:
Margin requirement for one standard contract position in USOIL/USD at 45.577 with a leverage of 1:100 is calculated as follows:
Margin= (Lot Size*Contract Size*Market Price)/Leverage
Margin = (1 * 1000 * $45.577) / (100) = $455.77
Margin Call is a measure set by the brokerage to alert traders before their account funds fall below the Margin Requirement. This will prevent positions from liquidation due to insufficient Margin Requirement. At Anzo Capital, Margin Call is set at 80%, therefore, if your Equity (Balance – Open Positions Profit/Loss) falls below 80% of the margin required to maintain your positions, a notification within MT4/MT5 will be sent to alert you to make additional deposit to maintain your open positions.
If you are unable to maintain sufficient funds in your account after hitting the Margin Call level, and your account funds depreciates to the Stop Out level, your positions will be closed automatically to prevent further losses into the negative territory. At Anzo Capital, Stop Out level is set at 50%.
It is a rollover interest (that is earned or paid) when traders hold their positions overnight. The interest for positions held over the weekend will occur on Wednesday for Spot Oil and Friday for Cash Indices. Therefore, the interest applied will be for three days of rollover interest.
Pairs | Long | Short |
---|---|---|
USOUSD | 20.22000 | -32.72900 |
UKOUSD | 23.88000 | -38.01000 |
WTI | 3.45200 | -51.09900 |
BRENT | 51.14000 | -135.17000 |
** Updated rates shall be shown within the trading platform.
** For more details of the Product/Instruments we currently offer, please log into your trading account. We may update the products offered via our platform from time-to-time.