When you trade commodities (BRENT oil, WTI oil) you also enter into a CFD (Contract for Difference) OTC financial derivative which allows you to profit from changes in the price of the underlying asset. Earn with Novotrend
Realiability & Security
Your trading account is protected against negative balances.
You can trade both ways of the market
Trade with a small deposit of at least $50
Telegram (Analysts, Signals, Reviews)
Trading CFDs on BRENT, WTI, GAS and other trading instruments is a great way to diversify your investment portfolio.
The most advanced, user-friendly and innovative trading platform with a wide range of analytical tools.
High liquidity - the Novotrend pool includes the best liquidity providers, which ensures secure trade execution.
This accounting system enables you to have many trading positions for one and the same instrument including multidirectional positions.
Demo account gives the opportunity to work in a training mode without any real money, but at the same time it gives the possibility to work out trading strategy. It has the same functionality as a real account.
Let's assume that BRENT is currently trading at $71.13/$71.15. Market participants expect the price of black gold to rise in the near future.
The trader then buys 2 contracts (200 barrels) at a price of 71.15 which equals USD 14,230.00 (71.15 x 100 x 2).
The trader's prediction of a price increase proves correct, and the BRENT value causes the price to rise to $76.72/$76.74. The trader sells the 2 contracts he bought earlier but at a price of $76.72, which equals $15344.00 (76.72 x 100). x 2 )
The difference between the initial Ask price and the final Bid price is 557 pips in the trading terminal; it means that you have bought 2 BRENT contracts for USD 143230.00 and sold them for USD 15344.00, which means that you have made a profit of USD 15344.00 - 14230.00 = USD 1114.00.
Absence of emotions and strict obedience to the given trading algorithm.
We have developed basic self-study materials for novice traders.
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Order execution time is 0.20 milliseconds (0.02 sec)
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From 1:1 to 1:500