Trade Soybean Oil Spot

Trading Conditions
Spread0.24
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 exchange
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

Perhaps one of the most-consumed cooking oils, soybean oil is common in everything from paints to insect repellents. The extraction of soybean oil from the cracked soybeans takes place in low heat, with the left over residue ground up into soybean meal for animal feed. On average, around 30-33 million tons of soybean oil is produced annually worldwide. The Chicago Board of Trade has soybean oil contracts that trade at 60,000 lbs at a time.

Undated commodities are priced using the front two futures contracts, and are subject to a daily adjustment at 22:00 UK time. This adjustment offsets one day's movement between the two futures contracts and is made separately to the overnight charge.