Spreads
Spreads are always floating, so the spreads in the table above are yesterday’s averages. For live spreads, please check your platform.
Energies
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
| Instrument | Open | Close |
|---|---|---|
| USOIL, XNGUSD | Sunday 23:10 | Friday 21:45 |
Daily break 21:45-23:10 | ||
| UKOIL | Monday 01:10 | Friday 21:55 |
Daily break 21:55-01:10 | ||
Fixed margin
Margin requirements for energies always remain fixed, regardless of the leverage you use, except for specific periods of higher margin requirements:
- For USOIL: from 17:45 GMT+0 on Friday to 22:59 GMT+0 on Sunday
- For UKOIL: from 17:45 GMT+0 on Friday to 00:30 GMT+0 on Monday
During the above periods, the margin requirements for both USOIL and UKOIL are set at 5% (1:20 leverage).
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.
What are the margin requirements for energies?
Margin requirements for energies always remain fixed, regardless of the leverage you use.
What are your rules for pending orders, stop loss (SL), and take profit (TP)?
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.
How do you deal with price gaps?
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.
Which instruments are included in the extended swap-free list?
Swap-free trading is offered for USOIL.
How are swaps calculated for instruments that don’t qualify for swap-free status?
For instruments not included in the extended swap-free list, swaps are charged every day except for weekends. For more information on how swaps are calculated, check out our Help Center article. To help you estimate your swap costs, you can use our handy Exness calculator.
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