Energies

Engage with global energy markets by trading the world’s most popular commodities.

Account

Standard

Execution type

Market

Symbol
Avg. spread
pips
Commission
per lot/side
Margin
Long swap
pips
Short swap
pips
Stop level
pips

Trading hours

InstrumentOpenClose
USOIL, XNGUSD
Sunday
22:10
Friday
20:45
Daily break 20:45-22:10
UKOIL
Monday
00:10
Friday
20:55
Daily break 20:55-00:10
All timings are in server time (GMT+0).

Spreads

Spreads are always floating, so the spreads in the table above are yesterday’s averages. For live spreads, please check your platform.

Fixed margin

Margin requirements for energies always remain fixed at 0.5%, regardless of the leverage you use.

Swaps

Swap is the interest that is applied to all energies trading positions that are left open overnight. When the swap rate is negative, this means that a swap is deducted from a position. However, when there's a positive figure for the swap rate, the amount is credited. Swaps occur at 22:00 GMT+0 each day, excluding the weekend, until the position is closed.

Please bear in mind that when trading energies, triple swaps are charged on Fridays to cover financing costs incurred over the weekend.

We do not charge swaps for the instruments marked in the table above if you have Extended swap-free status.

If you are a resident of a Muslim country, all accounts are automatically swap-free.

Frequently asked questions

Here are our most frequently asked questions about trading energies with Exness.

Margin requirements for energies always remain fixed at 0.5%, regardless of the leverage you use.

The following rules apply when it comes to setting levels for pending orders:

  • Pending orders along with SL and TP (for pending orders) must be set at a distance (at least the same as current spread or more) from the current market price.

  • SL and TP in pending orders must be set at least the same distance from the order price as the current spread.

  • For open positions, SL and TP must be set at a distance from the current market price which is at least the same as that of the current spread.

At Exness, we know how it feels when your pending order falls in a price gap, so it’s only fair that we guarantee no slippage for virtually all pending orders that are executed at least 3 hours after trading opens for an instrument. However, if your order meets any of the following criteria, it will be executed at the first market quote that follows the gap:

  • If your pending order is executed in market conditions that are not normal, such as during a period of low liquidity or high volatility.

  • If your pending order falls in a gap but the difference in pips between the first market quote (after the gap) and the requested price of the order is equal to or exceeds a certain number of pips (gap level value) for a particular instrument.

Gap level regulation applies to specific trading instruments.

Start trading energies today

It only takes 3 minutes to get your account set up and ready for trading