Trade Heating Oil Spot

Trading Conditions
Spread0.0014
Long position overnight fee
Long position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.01096 %
(-$1.10)

Trade size with leverage ~ $10,000.00

Short position overnight fee ~ $9,000.00


-0.01096%
Short position overnight fee
Short position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.01096 %
(-$1.10)

Trade size with leverage ~ $10,000.00

Short position overnight fee ~ $9,000.00


-0.01096%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin10
Stock exchangeUnited States of America
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Heating oil is a world’s popular by-product of crude oil that is primarily applied as a fuel for boilers and furnaces, heating our homes and other buildings. The heating oil price is directly connected to the price of the WTI crude oil. Heating oil is mostly demanded from October to March every year during the heating season, especially in northern countries. Heating oil is produced in a distillate fuel category, also including diesel fuel. Traded on the CME Globex with the ticker symbol HO, the heating oil contract size comprises 42,000 gallons.