WesternFX Commodities CFD Specification!
Commodities CFD Specification
| Symbol | Minimum Spread | Typical Spread | Price Fluctuation | Lot Size | Pip value Per 1 lot | Margin 500:1 |
|---|---|---|---|---|---|---|
| UKOIL | 3.4 | 3.6 | 0.00001 | 100,000 | 10 | 5% |
| USOIL | 4.4 | 4.6 | 0.00001 | 100,000 | 10 | 5% |
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Christmas Holiday Trading schedule
Kindly find the holidays trading schedule for December on Christmas season. Be acknowledged that the time is based on GMT+0. In case of any questions, please contact us via Live chat on WhatsApp or via the email address at support@westernfx.com
Floating Exchange Rate
The value of a currency may be defined in different ways. Today, all rates are classified as either fixed or floating. In the first case, they are determined by the government. A flexible exchange rate, on the other hand, is defined by the market itself. Here is how these approaches to the exchange rate system...