Crude oil is unprocessed petroleum used to produce fuel, raw materials, and chemical products. Due to its close connection with the environment and politics, its price has been fluctuating significantly, attracting a large number of traders. It is called the king of commodities.
Advantages of oil trading at NCE
Advantages of oil trading at NCE
20
An average execution speed of 20ms
500
Leverage up to 1:500
Competitive spreads
Spot pricing
All trading strategies are applicable
Oil products
Oil products
Commission：USD per 1 lot, charged when opening a position.
Average spread：Average spread reflects the long term average level of spreads.For example, when USoil's average spread is 0.05, it means the average spread cost for trading 1 lot USoil is 50 USD. As there is no commission for oil trading , the total trading cost is 50 USD.
Overnight interest：Overnight interest will accrue for holding orders over server time 00:00. It is tripled on Wednesday as it will not be charged on Saturday and Sunday. The overnight interests are subject to change , please refer to the contract specification on MT4.