CFDs on Oil

The oil market represents potentially ripe pickings, due to its 24/7 global activity and rapid market conditions - ideal for traders who favour fast movements. Hantec Markets gives you real time execution on oil trading with tight spreads and no dealing desk execution to ensure no conflict of interest.

Please scroll down to the bottom of this table to check the expiration times and terms and conditions for US-OIL and UK-OIL.

Conditions
Target Spread 0.05
Pip Cost (Native CCY) $1.0
Min. Trade Size 1
Maximum Lots per Trade 100
Margin Requirement Per Min Trade Size USD* 200
Minimum Stop Distance (Points) 0.1
Trading hours (London Time) Sunday 23.00 – Friday 21.45
Break Time (London Time)** Daily from 22.15 until 23.00
Minimum Funding $/£/€ 1,000
Leverage up to 1:400
Commisions Included in the spread
Spread Type Floating
Execution Market Execution (STP)
Stopout Level*** Equity = 20% of used margin
Server Time GMT
Account denomination USD, EUR, GBP, CHF, CAD, AUD & AED
*Based on 1:100 leverage.
**All times are in current London Time. Please take note that trading hours may change during holidays. Clients will be informed of any changes by email.
***For leverage higher than 1:200, stopout level will be 40%.Please note that Hantec Markets strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the spreads displayed here. Additionally, spreads may not be applicable to Japanese-yen-denominated accounts or client accounts of introducers. Certain currency pairs may not be available for all account types.Please note that during volatile market conditions and periods of low liquidity, and around economic data releases, spreads may increase momentarily on affected currency pairs. Volatile market conditions can result in prices gapping, which may prevent the execution of the following orders (sell stop, buy stop, stop loss) at the requested stop price. We strive to execute all stop orders at the requested price, market conditions permitting.
Expiration

Oil has a monthly expiration and clients that hold open positions of either US-OIL or UK-OIL upon ‘HML Expiration’ will be closed at our bid/offer rates at 21:15 (GMT time) on the expiration dates, shown in the table below.
US-OIL UK-OIL
Contract Month Reference Expiration HML Expiration Contract Month Reference Expiration HML Expiration
October 16 20-Sep 16 19-Sep 16 October 16 31-Aug 16 30-Aug 16
November 16 20-Oct 16 19-Oct 16 November 16 30-Sep 16 29-Sep 16
December 16 21-Nov 16 18-Nov 16 December 16 31-Oct 16 28-Oct 16
January 17 20-Dec 16 19-Dec 16 January 17 30-Nov 16 29-Nov 16
February 17 20-Jan 17 19-Jan 17 February 17 29-Dec 16 28-Dec 16
March 17 21-Feb 17 20-Feb 17 March 17 31-Jan 17 30-Jan 16
April 17 21-Mar 17 20-Mar 17 April 17 28-Feb 17 27-Feb 17
May 17 20-Apr 17 19-Apr 17 May 17 31-Mar 17 30-Mar 17
June 17 22-May 17 19-May 17 June 17 28- Apr 17 27-Apr 17

 

Example:

A client is long 5 US-OIL @ 60.00.
One day prior to expiration, the expiring month is trading at 61.00.
The customer position is closed at 61.00 and the profit is credited to the clients trading account.
All pending Stop and Limit orders that are associated with the expiring contract will be cancelled.
The client will have to re-establish a newlong position (if he so wishes to) for the next trading month and reestablish any Stop and Limit orders to the new open position.
Conditions
Target Spread 0.05
Pip Cost (Native CCY) $1.0
Min. Trade Size 1
Maximum Lots per Trade 100
Margin Requirement Per Min Trade Size USD* 200
Minimum Stop Distance (Points) 0.1
Trading hours (London Time) Monday 01.00 – Friday 21.45
Break Time (London Time)** Daily from 22.15 until 01.00
Minimum Funding $/£/€ 1,000
Leverage up to 1:400
Commisions Included in the spread
Spread Type Floating
Execution Market Execution (STP)
Stopout Level*** Equity = 20% of used margin
Server Time GMT
Account denomination USD, EUR, GBP, CHF, CAD, AUD & AED
*Based on 1:100 leverage.
**All times are in current London Time. Please take note that trading hours may change during holidays. Clients will be informed of any changes by email.
***For leverage higher than 1:200, stopout level will be 40%.Please note that Hantec Markets strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the spreads displayed here. Additionally, spreads may not be applicable to Japanese-yen-denominated accounts or client accounts of introducers. Certain currency pairs may not be available for all account types.Please note that during volatile market conditions and periods of low liquidity, and around economic data releases, spreads may increase momentarily on affected currency pairs. Volatile market conditions can result in prices gapping, which may prevent the execution of the following orders (sell stop, buy stop, stop loss) at the requested stop price. We strive to execute all stop orders at the requested price, market conditions permitting.
Expiration

Oil has a monthly expiration and clients that hold open positions of either US-OIL or UK-OIL upon ‘HML Expiration’ will be closed at our bid/offer rates at 21:15 (GMT time) on the expiration dates, shown in the table below.

 

US-OIL UK-OIL
Contract Month Reference Expiration HML Expiration Contract Month Reference Expiration HML Expiration
October 16 20-Sep 16 19-Sep 16 October 16 31-Aug 16 30-Aug 16
November 16 20-Oct 16 19-Oct 16 November 16 30-Sep 16 29-Sep 16
December 16 21-Nov 16 18-Nov 16 December 16 31-Oct 16 28-Oct 16
January 17 20-Dec 16 19-Dec 16 January 17 30-Nov 16 29-Nov 16
February 17 20-Jan 17 19-Jan 17 February 17 29-Dec 16 28-Dec 16
March 17 21-Feb 17 20-Feb 17 March 17 31-Jan 17 30-Jan 16
April 17 21-Mar 17 20-Mar 17 April 17 28-Feb 17 27-Feb 17
May 17 20-Apr 17 19-Apr 17 May 17 31-Mar 17 30-Mar 17
June 17 22-May 17 19-May 17 June 17 28- Apr 17 27-Apr 17

Example:

A client is long 5 US-OIL @ 60.00.
One day prior to expiration, the expiring month is trading at 61.00.
The customer position is closed at 61.00 and the profit is credited to the clients trading account.
All pending Stop and Limit orders that are associated with the expiring contract will be cancelled.
The client will have to re-establish a newlong position (if he so wishes to) for the next trading month and reestablish any Stop and Limit orders to the new open position.