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Oil contracts

Open Practice Account

Trade Brent Crude oil (BCO/USD) alongside spot metals and 37 currency pairs at FOREX.com

Our new oil contract gives you the ability to speculate on one of the world's most heavily traded commodities.

Why trade oil?

  • Price movements influenced by a wide range of factors - everything from weather conditions to war and political unrest, seasonal factors, and demand from manufacturing industries affects oil prices, giving a wealth of trading opportunities
  • Diversification - the price of oil and the strength of the US dollar tend to be inversely related, making oil an interesting alternative to currencies.
  • Liquidity - oil is one of the world's most heavily traded commodities, making it a fast moving and highly liquid market.
  • Low margin requirements - trade oil with leverage of 20:1 with FOREX.com
  • Flexible contract sizes - trade from just 1 lot, representing 100 barrels

Read more about trading oil in our Online Guide to Oil.

Questions? See our Oil FAQs

Sign up for a free 30 day practice account to see how our oil contracts work.

More on FOREX.com Brent Crude Oil contracts (BCO/USD)

  • The price of the FOREX.com BCO/USD contract is derived from the price of the Brent Crude futures contract trading on the Intercontinental Exchange (ICE). Read more
  • Trading hours for the BCO/USD product begin Sunday at 20:00 EST (01:00 UK time) and trade daily until 17:00 EST (22:00 UK time) Friday. There is a daily break in trading from 18:00 EST (23:00 UK time) until 20:00 EST (01:00 UK time).
  • Contract expiry - FOREX.com's BCO/USD contract expires on the 2nd Wednesday of each month.
  • Trading hours for the FOREX.com BCO/USD contract will also be impacted by exchange holidays.
  • The BCO/USD contract is a 'Contract for Difference' (CFD). CFDs are over-the-counter trading instruments with an expiry date that are cash settled.

Find full BCO/USD contract details in our Oil Product Factsheet.

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