Online Crude Oil Trading

As one of the most potentially profitable financial markets in the world, online crude oil trading is becoming increasingly popular with all types of traders and speculators. Due to its unique blend of properties such as transportability, abundance - albeit relative - and high energy density, crude oil has been the world's main source of energy for the past 50 years and has become the most heavily traded commodity. Under its raw material form, crude oil, also referred to as petroleum, is widely used for chemical products and other materials such as plastics.

In November 2001 oil reached a record $99.29. Since that record however, oil has fallen more than 10 percent due to demand fears and speculation that a slowdown in global economic growth may restrain fuel energy consumption. Crude oil trading volatility is thus very high and allows for great opportunities (which can also result in substantial loss without proper money management).

Due to their price transparency and extreme liquidity, crude oil futures contracts are used as main international pricing benchmarks. Crude oil futures (and options) are also a good way for companies in the energy industry - on the production side as well as on the consumption side –to hedge their price risk and protect themselves against adverse price movements.

Record breaking prices

Due to a record demand for oil throughout the world, increasing political tensions surrounding Iran’s nuclear program and various other global and local issues, crude oil prices have been breaking new records on a quasi-daily basis. After beating the $75 level in July 2006, and the $90 level less than a year later, the crude oil futures contracts is heading towards the $100 benchmark – and may very well have gone over it at the time of publication – with trading ranges as high as $4! In recent years, the high volatility of crude futures has made crude oil trading an investment with an extremely interesting potential return.

Start Trading Online Crude Oil Futures with Finotec

Finotec allows you to trade crude oil in the most convenient and efficient way, with tight spreads and no commission. To trade oil futures on our ultra-modern platform, all you need to do is click on the "Commodities" tab on the product menu and then select "oil" Depending on the size of your account, the margin requirements for crude oil futures contract futures contract is approximately 5% (20:1 leverage). Just click on the streaming crude oil price feed on the platform to place your order and buy or sell oil futures.

Online Crude oil trading on our platform is facilitated by a complete set of technical tools which you can add to real-time charts and graphs. And to keep you constantly updated, you can receive price alerts via SMS, phone or email. Also, to understand oil price fluctuation and direction, a team of expert analysts write daily and weekly reports about the latest developments in major currencies and commodities. So don't wait any longer to step into the world's most important commodity market and take advantage of the benefits that go together with a leading oil futures broker.