Brent Oil, also known as London Brent or North Sea Oil is a light crude oil but slightly heavier than WTI. It is the world benchmark for Oil prices and produced in many areas of the world no just the North Sea. It usually trades at a premium to WTI and has a higher Sulphur content, although a lower specific gravity.
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 0.08 | 0.08 | 0.08 | |||
| Size of 1 lot | 100 Barrels | 100 Barrels | 100 Barrels | |||
| Minimum Contract size, lots | 0.1 | 0.1 | 0.1 | |||
| Maximum Contract size, lots | 60 | 60 | 60 | |||
| Tick value per 1 lot | 1 USD | 1 USD | 1 USD | |||
| Volume limitation | 100 lots per account | 100 lots per account | 100 lots per account | |||
| Margin requirement | 0.5% | 0.5% | 0.5% | |||
| Minimum Price Increment | 0.01 | 0.01 | 0.01 | |||
| Limit and Stop Levels | 5.0 | 5.0 | 5.0 | |||
| Negative Balance Protection | Yes | Yes | Yes | |||
| Swap free days allowance | 0 | 0 | 0 | |||
