Crude Oil - Contract for Differences (CFD) Contract Specifications
|WTIUSD (US Crude Oil)|
1 standard Lot Contract Size of WTI/USD on Fullerton Markets is equivalent to 100 units of WTI/USD
The minimum lot size on Fullerton Markets is 1 lot, which is equivalent to 100 units of WTI/USD
The minimum incremental lot size on Fullerton Markets is 1 lot, which is equivalent to 100 units of WTI/USD.
The maximum lot size on Fullerton Markets is 250 lots, which is equivalent to 25,000 units of WTI/USD.
Opening : Monday 0100
Closing : Friday 2400
Break : 0000 to 0100
Eastern Daylight Saving Time (EDT)
|Charts||Fullerton Markets follows New York market close (5 Daily candles a Week).|
Leverage varies on the account type and agreement with Fullerton Markets. Please speak to our customer service officer or BDs for more details.
Margin Percentage for WTIUSD is 1%.
Margin = (Lot Size * Contract Size * Margin Percentage * Market Price)
Margin Used (When Hedged)
Total Margin used will be 0% of each trade.
Margin Call: (Equity)/(Margin Used) < (“Margin Call Percentage”)
Margin call happens when the total Equity is less than the “Margin Call Percentage” of the total margin used. To prevent the account from being stopped out, traders are advised to top up their account or to close out some positions to reduce margin used, and to avoid possibility of being stopped out.
The “Margin Call Percentage” varies on the account type and agreement with Fullerton Markets. Please speak to our customer service officer or BDs for more details.
Stop Out: (Equity)/(Margin Used) < (“Stop Out Percentage”)
Stop Out happens when the total Equity is less than the “Stop Out Percentage” of the total margin used. When Stop Out level is reached, existing positions may be automatically closed out by Metatrader4 server.
The “Stop Out Percentage” varies on the account type and agreement with Fullerton Markets. Please speak to our customer service officer or BDs for more details.
Swaps = (lots * [Swap in points] * Point Size)
Fullerton Markets Swap Rates are competitive Bank Swap rates offered by our extensive liquidity partners. The swaps on Metatrader4 are calculated based on points.
3 Times Swap: Wednesday
Oil CFD contracts are deliverable on T+2 (Trading day +2), to accommodate for Saturday and Sunday. The bank charges 3 times the normal swap rate on Wednesdays.
Fullerton Markets offers the best liquidity with lowest latency connection to our extensive Tier One liquidity partners. All trades at Fullerton Markets are executed directly with the market without requotes.
Fullerton Markets employs “Straight Through Processing” (STP), passing on customers’ trades directly to our Tier One liquidity providers.
Fullerton Markets aims to provide clients with the best trading execution available, and to fill all orders at requested rate. However, there are times when, due to an increase in volume and/or volatility, orders may be subject to slippage. Slippage most commonly occurs during fundamental news events or periods of limited liquidity. During periods such as these, your order type and quantity requested can have an impact on the overall execution you receive.
The CFDs on Fullerton Markets are over-the-counter (OTC) products and has no expiration date.