Crude Oil CFD
The Most Popular Commodities To Trade Online
Oil, often referred to as ‘black gold’, is one of the most popular commodities to trade online.
At Merlion Global, you’re not buying any physical oil. Instead, you’re simply trading on the real-time price movements of the commodity. As crude oil is used across the world in many different industries, the price of oil is considered an indicator of global economic health. Due to this, oil prices can fluctuate massively, giving the oil market a high level of volatility and opportunity to trade.
To learn more about Oil trading and have a deeper understanding, check out our Precious Metals trading guides here.
Start Trading One Of The World’s Top Commodities Today
Leverage 1:100
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Flexible Leverage
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| Instrument | Name | Std | Pro |
|---|---|---|---|
| USOIL | Brent Crude Oil | From 30 cents | From 10 cents |
| UKOIL | West Taxes Oil | From 30 cents | From 10 cents |
Key Factors That Influence Crude Oil Prices
Alternative Energy
Geopolitical Events
US Dollars
Interest Rates
Global Supply and Demand
Start Trading Crude Oil CFD Today
- Register a live trading account with us today
- Deposit funds through varies payments methods.
- Download MT4 Platform and Login.
- Monitor and choose the variety of markets to trade.
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Crude Oil CFD FAQ
There are two main types of risk associated with oil trading.The first risk exposure is over leveraged. Oil is a commodity that is traded on futures markets and offers a high degree of leverage. With high levels of leverage , there is a higher potential to lose more than what you have deposited. Traders should apply robust risk management strategies whenever leverage is being considered.
The second risk exposure is with oil itself as a commodity. Oil is a commodity with prices greatly influenced by wider supply and demand factors, oil prices can be very volatile. For example, a Covid-19 Outbreak can cause the price of oil to drop suddenly.
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