XM does not provide services to residents of the United States of America.

Why Trade Oil (WTI Oil) with XM?

At XM we offer Oil (WTI Oil) as cash and futures CFDs. Our cash index CFDs are undated transactions that aim to replicate the cash price of the underlying index, and so they are adjusted for interest and dividends. Index futures CFDs expire on specific future dates and are cash-settled on the expiry date.

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Risk warning: FX and CFD trading involves a high risk of loss.

Trading Conditions

OIL Cash

Min Margin Percentage 0.5%
Spread as low as (quote currency) 0.03
Symbols OILCash
Description WTI Oil Cash
Min. Price Fluctuation 0.01000
Value of Minimum Price Fluctuation 1 USD
Value of 1 lot 100 Barrels
Min/Max Trade Size MT5 0.01/300
Swap Value in Margin Currency Long 0.56
Swap Value in Margin Currency Short -2.29
Limit and Stop Levels 0

OIL Future

Min Margin Percentage 1.5%
Spread as low as (quote currency) 0.03
Symbols OIL
Description WTI Oil
Min. Price Fluctuation 0.01000
Value of Minimum Price Fluctuation 1 USD
Value of 1 lot 100 Barrels
Min/Max Trade Size 1/280
Limit and Stop Levels 0
Weekday 01:05 - 23:55 (GMT +3)
Monday Open 01:05 (GMT +3)   │   Friday Close 23:10 (GMT +3)
** Only if Margin Level is over 100%

How to Start Trading Oil (WTI Oil)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on Oil (WTI Oil) from the “Market Watch” to open an order for this instrument.

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