Oil
Crude oil trading
The price of crude oil, known for centuries as "black gold", is often used by speculators to assess the health of the world economy. Trading the more transparent CME futures market on Icon Technology International Ltd platform, exploring the crude oil market and making profits. Trading in this highly technical market takes advantage of the inherent links between commodities, financial derivatives and index markets
U.S. crude oil
American crude oil refers to the crude oil futures traded on the New York Mercantile Exchange. "American crude oil" is a continuous contract name of American crude oil futures. It is the light crude oil futures contract in the New York Mercantile Exchange (COMEX), and the futures contract marked as WTI! It is one of the world's largest oil market futures contracts. The WTI contract is for West Texas Light sweet crude Light Sweet), on the basis of spot trading, becomes an important part of the world crude oil pricing system! All crude oil produced or sold in the United States is priced with light, sweet WTI as the benchmark.
| Product name | US.OIL |
| Product code | US.OIL |
| Minimum fluctuation point | $0.01 |
| Buying and selling point of difference | $0.01 |
| Product specification | 1000 barrels/hand |
| A single minimum unit of transaction | 0.1hand |
| The largest unit of a single transaction | 100hand |
| Transaction fee | $32/hand |
| margin | $500 |
| Minimum stop-loss spread | $0.05 |
| Overnight positions interest | $0 |
| Risk rate (mandatory warehouse line) | 30% |
| Trading hours | Monday 07:00 - Saturday 04:00 (Beijing time) |
| Deposit time | 09:00——22:00 （Beijing time） |
| Withdrawals time | T+1 to the account (the specific time is slightly different due to different banks) |