CMG offers Forex, Metals, Oils, and CFDs
Diversify your portfolio with another market- Oils (USOIL/UKOIL)
Oil is a highly volatile commodity, providing opportunities for traders to speculate by buying or selling on both rising and falling markets, without actually needing to purchase it in physical form. The importance of the overall industry makes it one of the most widely traded commodities in the market. CMG allows you to trade oil commodities on the CMG MT4 Client Terminal in the same way as regular Forex trading.
Oils Product Offering
|Instrument||MT4 Symbol||Contract Size||Tick Size||Tick Value||Minimum Trade Size||Maximum Trade Size|
|WTI Crude Oil||USOIL||1,000 barrels||0.010||10.00||0.01||10.00|
|Brent Crude Oil||UKOIL||1,000 barrels||0.010||10.00||0.01||10.00|
Oils Trading Hours
MT4 Trading Symbol
USOIL: WTI Crude Oil (Future)
UKOIL: Brent Crude Oil (Future)
MT4 Break Time
USOIL Break Time: Between 14:00 to 15:00 GMT
UKOIL Break Time: Between 21:00 to 23:00 GMT
Why Trade Oils With CMG?
No brokerage fees or commission fees on commodity instruments.
Place USOIL and UKOIL trade orders as small as 0.01 lots on competitive spreads.
Commodities can be traded in margin with no physical delivery on CMG MT4 Client Terminal.
Our deep liquidity pool allows for fast order routing and execution.
You have the ability to hedge positions on a single CMG MT4 account.
Sell short of long, whichever direction you feel the market is going.
Trade Oils alongside FX on the same CMG MT4 platform/account.
Get 24/7 Customer Support when you need it.
Level 10, 90 Arthur Street,
North Sydney NSW 2060, Australia
Risk Warning: CMG Australia Pty Ltd (ACN 618 480 998 & CAR No. 001256635) ‘CMG’, is a corporate authorised representative of AxiCorp Financial Services Pty Ltd (ACN 127 606 348 & AFSL No. 318232). Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial asset. CMG is not a financial adviser and all services are provided on an execution only basis. CMG is authorised to provide general advice only and information is of a general nature only and does not take into account your financial objectives, personal circumstances. CMG recommends that you seek independent personal financial advice. A Product Disclosure Statement (PDS) for our financial products and our Financial Services Guide (FSG) are available at www.cmgau.com or can be obtained free of charge by calling CMG. The PDS and FSG are important documents and should be reviewed prior to deciding whether to acquire, hold or dispose of CMG’s financial products or services. The information on this website is for Australian residents only.