You can set the size of the position you'd like to place on your deal ticket. This will calculate the amount you must pay for the initial margin so you can get exposure to the underlying oil market.
With us, you’ll get trading alerts when the oil market price moves some points above or below the level you’ve set. Note that despite setting these alerts, it remains your main responsibility to monitor your position. It’s important to also use our tools to manage your risk carefully.
To gain access to a list of markets you can get ‘buy’ and ‘sell’ suggestions from our trading signals by clicking on ‘signals’ in the bottom left toolbar of our platform. These suggestions are based on emerging chart patterns and key levels that’ve been met.4
Remember not to solely rely on third-party generated chart patterns on our platform to make your trading decisions, conduct your own due diligence using technical and fundamental analysis.
6. Monitor your position
Once you've opened your position using your CFD trading account, you can set your signals and alerts, and monitor your position Our award-winning platform1 will also enable you to see the running profits and profits made on your open position.