Sharewatch Ltd is regulated by the Financial Regulator. All Trading will be executed, cleared and administered byForex Capital Markets Limited  (FXCM) a company authorised and regulated by the Financial Services Authority. Registration number 217689.. FXCM Inc. is a publicly traded company listed on the New York Stock Exchange (NYSE: FXCM). Risk Warning. Execution Risks.WARNING: Without proper risk management, currency and CFD trading has a high degree of leverage that can lead to large losses as well as gains.

Sharewatch Ltd is registered in Dublin, Ireland No 286532. Registered Office NSC Campus, Mahon, Cork, Ireland. Website Service Terms - Privacy Policy © Copyright 1996-2011 Sharewatch Limited.

 

 

 

Why Trade Oil through FXCM?

 

No Re-quotes** on all energy products, giving you fast, efficient trade execution without expensive re-quotes.

 

Minimum Trade Size: Trade from as little as 1 contract or $1 per tick.

 

Low Transaction Costs: Trade commission free,* no exchange fees, & no clearing fees. The transaction cost is the spread, the difference between the buy and sell price.

 

Advanced Charting: Keep track of oil and trade from FXCM's advanced charting package.

 

Generous Leverage: Generous leverage on all products that are clearly detailed on the Trade Station II. †

 

Hedging Capability: You can go long or short oil from the same account.

 

Advanced Charting. Trade gold from FXCM's advanced charting package.

 

 

 

 

Trading Oil on Margin

 

Minimum Margin Requirements (MMR): FXCM's margin rates are displayed in the dealing rates window on the trade station and detail the client's capital obligation to buy or sell 1 contract of a single index. FXCM has standardized minimum/incremental trade sizes for each instrument. To calculate the margin required to place the minimum trade size, simply multiply the minimum trade size by the margin required (per contract) which is displayed in the dealing rates window.

 

USOil minimum trade size is 1 contract

MMR is $200 (U.S.) per contract

1 contracts x $200 = US$200

 

Expiration

Oil has a monthly expiration (please see the tables below). Clients that hold an open position on the ‘FXCM Expiration’ will be closed at our bid/offer at 5.15 p.m. ET.

The only consequence of this is the client will realise any floating P/L at the time it is closed.

Example:

Client is long 5 USOil @ 72.00.

One day prior to expiration, the expiring month is trading at 73.00.

The customer position is closed at 73.00 and the profit is credited to the clients trading account.  More......

•