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Energies

    1. XM
    2. Energies

9 Asset Classes - 10 Trading Platforms - Over 1000 Instruments.
Trade Forex, Cryptocurrencies, Individual Stocks, Commodities, Precious Metals, Energies and Equity Indices at XM.

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Energies - Spreads / Conditions

Symbol Spread as low as (quote currency) Min/Max Trade Size Min Margin Percentage Max Leverage Long Swap Value
(Margin Currency)*		 Short Swap Value
(Margin Currency)*		 Limit and Stop Levels** Platform
NGASCash 0.005 0.01/370 0.5% 200 -6.3 2.1 0 MT5 Read More
OILCash 0.03 0.01/330 0.5% 200 1.22 -3.21 0 MT5 Read More
BRENTCash 0.03 0.01/270 0.5% 200 0.79 -3.94 0 MT5 Read More

* For positions held open at the close of trading on Friday, swap is charged for 3 days.

** Min. level for placing pending orders at a current market price.

Cash Energy CFD Symbols Margin Requirement = [Lots*contract size*open price] / [Lowest of (Account Leverage, Symbol Leverage)]

For more information about margin percentages on Cash Energy CFDs, please click here.

The margin is always 50% when you hedge positions on CFDs and if your margin level is over 100%.

Symbol Description Server Time Weekday Monday Open Friday Close
NGASCash Natural Gas Cash GMT +3 01:05 - 23:55 01:05 23:10 Read More
OILCash WTI Oil Cash GMT +3 01:05 - 23:55 01:05 23:10 Read More
BRENTCash BRENT Cash GMT +3 00:00 - 00:55,03:05 - 00:00 03:05 23:10 Read More

Please note that our Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date.

Symbol Spread as low as (quote currency) Value of 1 lot Min/Max Trade Size Margin Percentage Limit and Stop Levels* Platform
OIL 0.03 100 Barrels 1/280 1.5% 0 MT4/MT5 Read More
NGAS 0.030 1,000 MMBtu 1/180 3% 0 MT4/MT5 Read More
OILMn 0.03 10 Barrels 1/2800 1.5% 0 MT4/MT5 Read More
GSOIL 1.20 4 Tonnes 1/200 3% 0 MT4/MT5 Read More
BRENT 0.03 100 Barrels 1/280 1.5% 0 MT4/MT5 Read More

* Min. level for placing pending orders at a current market price.

The margin requirement for CFDs is calculated like this : Lots * Contract Size * Opening Price * Margin Percentage and not based on the leverage of your trading account.

The margin is always 50% when you hedge positions on CFDs and if your margin level is over 100%.

The above spreads/conditions apply to all types of XM trading accounts.

Please note that our Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date. Any open positions on maturity date will be forced to close.

As trading platforms do not support negative prices on financial instruments, in the unlikely event the price of any energy instrument (OIL, OILMn, BRENT, GSOIL and NGAS) reaches 0, the company will start closing all open positions at the last available price.

Symbol Description Server Time Weekday Monday Open Friday Close
OIL WTI Oil GMT +3 01:05 - 23:55 01:05 23:10 Read More
NGAS Natural Gas GMT +3 01:05 - 23:55 01:05 23:10 Read More
OILMn WTI Oil Mini GMT +3 01:05 - 23:55 01:05 23:10 Read More
GSOIL London Gas Oil GMT +3 03:05 - 23:55 03:05 23:10 Read More
BRENT Brent Crude Oil GMT +3 00:00 - 00:55,03:05 - 00:00 03:05 23:10 Read More

Please note that our Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date.

Description Symbol Available Contract Open Date* Close Only Date* Expiry Date* Contract Months Contract Expirations**
Brent Crude Oil BRENT Dec 2023-09-26 2023-10-26 2023-10-27 Monthly Contract Expirations**
London Gas Oil GSOIL Oct 2023-09-07 2023-10-09 2023-10-10 Monthly Contract Expirations**
Natural Gas NGAS Nov 2023-09-22 2023-10-24 2023-10-25 Monthly Contract Expirations**
WTI Oil OIL Nov 2023-09-15 2023-10-17 2023-10-18 Monthly Contract Expirations**
WTI Oil Mini OILMn Nov 2023-09-15 2023-10-17 2023-10-18 Monthly Contract Expirations**

*The Close Only and Expiry Dates may change as we get closer to the actual date. This is due to the rules set by our liquidity providers governing futures contract rolling, and is based on the liquidity of both the active contract and the next to expire. The business day following the Open Date of the new instrument is the Expiry Date of the previous contract.

**The Expiry Date will vary each month and is based on our liquidity providers’ rolling schedules and the liquidity of the contracts.

Please note that our Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date.

About Energies

The most typical feature of energy prices is high volatility, which is the result of numerous political and environmental factors that influence it. Many supply and demand factors also affect energy prices, the strongest of which is global economic growth. In times of economic prosperity the demand for energies increases, while a decrease in consumption occurs when economy stagnates.

Beside economic changes, extreme weather conditions can also have a great impact on energies, leading to supply disruptions of crude oil, natural gas, or heating oil. As a result, such conditions can decrease or increase demand for many consumer services related to these energies. Moreover, global energy prices are highly affected by the political instability in some of the world’s biggest natural gas fields.

Oil trading is a globalized, 24-hour market, with its prices in constant motion. This makes it an ideal instrument for day traders who look for fast movements and choose CFDs as the easiest way to trade on oil prices.

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Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.