CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.
Minimum size 0.05
Contract size USD 10
One Pip means 1 cent per barrel
Value of one Pip USD 10 (SGD 13.56)
Margin 20%
Minimum stop distance 24
Minimum guaranteed stop distance 5.0%
08:00 - 07:00 (Singapore Local Time)
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 44 Contracts - USD | 20% |
| 2 | 44 - 264 Contracts - USD | 20% |
| 3 | 264 - 440 Contracts - USD | 20% |
| 4 | 440 + Contracts - USD | 20% |
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
Expiry date 17/01/25
Last dealing date and time 18/01/25 03:30
Settlement
Settles based on the official closing price of the NYMEX Crude Oil future on the last dealing day +/- IG dealing spread.
Last rollover time 18/01/25 03:15
Rollover info
Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.
Why IG?
Gold spreads from just 0.3 points
Continuous, backdated commodity charting
Wide range of energies, metals and softs
Other positions taken by clients trading this market
Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
This is calculated to the nearest 1%.
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1 Based on revenue (published financial statements, October 2022)
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