No one doubts that oil and natural gas are a major asset for any country. Oil derivatives include gasoline, diesel, grease, motor oil … which creates so much demand on it, leading for a daily price fluctuations that investors can make use of to achieve profits, and the same goes for the natural gas.
For this, AX Financials presents for you the ability to trade energies on margin, as in the following table:
START TRADING IN EASY STEPS
1|Apply 2|Fund 3|Trade
|Product||Symbol||Exchange||Product margin||Minimum spread (pips)||Average spread (pips)||Typical spread (pips)||Trading hours|
|Natural Gas||NATGAS.fs||N/A||1%||8||8||8||Sunday 17:00 - Friday 16:00|
|UK Crude||UKOIL||N/A||0.70%||5||5.003||5||Monday 01:00 - Friday 3:00|
|US Crude||USOIL||N/A||0.70%||5||5||5||Sunday 17:00 - Friday 16:00|
|WTI Crude Oil Futures||WTI||N/A||0.70%||3||Not Available||Not Available||Monday 01:00 - Friday 23:00|
Please note that all our spreads are variable and dependent on the underlying market prices. In normal conditions we can usually offer our ‘minimum’ spread but these will increase when the underlying market spread widens. Market prices can widen at illiquid times of the day or when major news or economic data is released.
The ‘minimum’ spread shows the tightest spread available for any given product. The ‘average’ and ‘typical’ spread shows the average (mean) and the most common (mode) respectively in a 24 hour period. These are updated for the last trading day of each month.