Day trading ‘Crude oil’ is about speculating on short-term price movements, rather than attempting to assess the “real” value of crude. By using a combination of long and short positions, our traders turn a profit whether the price of crude is rising or falling. Crude Oil trading usually occurs on-spot, commodity markets are non-expiring and are not subject to an expiry date or rollover charges. These markets are priced based on the Futures contract and offer the opportunity to trade these markets long-term without the need to roll. The position on the expiration of the current Futures contract. Continuous charting is available on these markets which allows us to apply deeper levels of technical analysis to this commodity trading compared with traditional commodity market charting. With our sophisticated network of sub-brokers, we trade both on ICE and NYMEX.
With Baxaz Trading, you can find advantages that you wouldn’t necessarily find when working with an exchange. These includes:
in Singapore, Crude Oil with Baxaz Trading doesn’t require a wallet, since the trades are performed through our SSL-secured online trading platform, this is a big advantage in avoiding potential hackers and theft. From the same platform, you can trade Forex pairs and other assets as well.
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