As one of the most important commodities, energies are known as "black gold" for centuries, whose price change is often regarded as a signal of the overall industry situation of production/consumption commodities. WIT's oil prices, for example, may be affected by factors such as adverse weather, seasonal supplies, natural disasters and other non-market factors common in other financial instruments, which has an impact on the prospect of energy sector.
In general, commodity trading can be either speculative or hedging. Trading commodities is a way to reflect traders' opinions on the prospect of a certain industry, or to hedge their trading portfolios. Namely, you can predict the price trend by judging the prospect of the market so as to make a profit by buying or selling.
Crude oil and natural gas are the most popular commodities. The huge trading volumes in crude oil and natural gas provide a host of trading opportunities all the time for online traders. Energy commodities, whether coming from WTI, BRENT or NATGAS, are all quoted in dollars.
It means the exchange rate of the energy against dollar is a main factor to keep an eye on when trading energy CFDs. Energy commodities on the EMXpro platform are offered with both Buy price and Sell price. The difference of the these two prices is called the Spread.
Example (calculation of profit and loss)
Ps: Since the client opens a sell position and the market trends (falls) are in the same direction as the open position, the profit is USD 10.
Advantages of Trading Energies at EMXpro
At EMXpro, you can quickly enter the global market for more trading opportunities with only USD100 initial depositand minimum 0.01 lot.
We offer a margin up to 50:1, so you can use the most appropriate leverage to match your trading strategies.
EMXpro collaborates with many well-known liquidity providers to offer your competitive spread as low as at 4for crude oil, to enable you to trade at low cost.
Your trading can be accumulated multiple times a day. As buying and selling are both available, there are chances to make a profit no matter the market rises or falls.
No trading commission for crude oil and other energy commodities.
Key Products Specifications