Crude Oil, also known as West Texas Intermediate (WTI) is the highest quality light, sweet crude oil available. WTI is important in the market because it is an oil benchmark. It is extracted primarily from land based oil fields in the southern & Midwest USA and also in the Gulf of Mexico. WTI oil is refined locally in the Midwest and is now exported globally.
| PARAMETERS | Trading Specifications per Account Type | |||||||
|---|---|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | INFINITYX | |||||
| Spreads as low as | 0.07 | 0.07 | 0.07 | 0.09 | ||||
| Size of 1 lot | 100 Barrels | 100 Barrels | 100 Barrels | 100 Barrels | ||||
| Minimum Contract size, lots | 0.1 | 0.1 | 0.1 | 0.1 | ||||
| Maximum Contract size, lots | 60 | 60 | 60 | 60 | ||||
| Tick value per 1 lot | 1 USD | 1 USD | 1 USD | 1 USD | ||||
| Volume limitation | 100 lots per account | 100 lots per account | 100 lots per account | 100 lots per account | ||||
| Margin requirement | 0.5% | 0.5% | 0.5% | 0% | ||||
| Minimum Price Increment | 0.01 | 0.01 | 0.01 | 0.01 | ||||
| Limit and Stop Levels | 15.0 | 15.0 | 15.0 | 15.0 | ||||
| Negative Balance Protection | Yes | Yes | Yes | Yes | ||||
| Swap free days allowance | 45 | 45 | 45 | 0 | ||||
