All trading involves risk, losses can exceed your deposits. Also known as petroleum or black gold, it is directly taken from oil rigs and drilling platforms, labelled crude oil and is not just a highly sought out product globally, but essential to economies in many aspects of energy, industry, and transportation.
CFDs are Contract for Difference in the price of a good, where there is no need to own the underlying product.
Putting it all together, Crude oil Календарь форекс октябрь 2019 mean you календарь форекс октябрь 2019 trade the difference in the price of oil without having to own the product itself, benefitting календарь форекс октябрь 2019 the fluctuations in the price of the energy commodity whether its price rises or falls. With oil being such a crucial and strategic commodity globally, both its price and its multiple variants such as Brent and WTI are prone to fluctuations based on global supply and demand, geopolitical tensions, and — being priced in US dollars — the greenback.
While some hedge funds purchase oil as a hedge against inflation, others invest based on their view of where the energy market might be headed. And when trading oil CFDs you have the ability to buy if you believe the price is going higher or sell in the event you believe the price will drop, offering a chance to profit in both directions.
With ATFX, multiple benefits await in the form of competitive spreads, multilingual support, and more!