Trade Oil Portfolio Index - OIX CFD


Trader sentiment

% Buyers % Sellers
  • Long position overnight fee -0.0164%
    Margin $1,000.00
    Overnight feeCharges from borrowed part ($-0.66) -0.0164 %
  • Short position overnight fee -0.0113%
    Margin $1,000.00
    Overnight feeCharges from borrowed part ($-0.45) -0.0113 %
  • Overnight fee time 22:00 (UTC)
  • Min traded quantity 0.01
  • Currency USD
  • Margin 20%
  • Stock exchange United States of America
  • Trading hours (UTC)
    Mon - Fri: 14:30 - 21:00
  • Commission on trade 0%

The Oil Portfolio Index consists of the 7 leading US Energy companies offered from The list of the companies includes the key players in the US Oil industry at the moment. It consists of Chevron (CVX), Exxon Mobil (XOM), ConocoPhillips (COP), Occidental Petroleum (OXY), Canadian Natural Resource Ltd (CNQ), Apache (APA) and Whiting Petroleum (WLL). The index is weighted to make equal impact for all shares and serves as the Market sentiment indicator towards US Oil market growth.
How is it calculated?
The Index is calculated as the sum of the product of each share price multiplied with its respective quantity (P1*Q1 + P2*Q2 + … + P7*Q7). In order their impact to be equal, the quantities used are presented as below:
Q1 CVX = 1
Q2 XOM=2
Q3 COP=2
Q4 OXY=7
Q5 CNQ=5
Q6 APA=7
Q7 WLL=4

Trade shares with leverage

Shares are available to trade with up to 5:1 leverage. Start trading with as little as $100 to control a position of $500

Shares CFDs

  • Trade 24/5 on a wide range of shares

  • Trading opportunities in both a rising and falling market

Profit and loss control

You can easily define Stops and Limits to request positions to close at a specified price.

Set up price alerts to be informed of big moves.

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