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Oil
Trade oil alongside gold, silver and 37 currency pairs at FOREX.com.
Our oil contracts give you the ability to speculate on one of the world's most heavily traded commodities from your FOREX.com account.
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 50:1 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 oil contracts (BCO/USD)
FOREX.com offers two oil contracts - Brent Crude Oil (BCO/USD) and West Texas Intermediate (WTI/USD)
- FOREX.com's prices for BCO/USD and WTI/USD contracts are derived from the prices of Brent Crude futures and West Texas Intermediate futures trading on the Intercontinental Exchange (ICE).
- Trading hours for BCO/USD and WTI/USD contracts 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 and WTI/USD contracts expire on the 2nd Wednesday of each month.
- Our oil contracts are 'Contracts for Difference' (CFDs). CFDs are over-the-counter trading instruments with an expiry date that are cash settled.
Read full details in our Oil Product Factsheet.
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