The crude oil energy trading in PGWG belongs to the CFD product transaction, which does not involve the commodity itself, only with the margin as a risk guarantee. PGWG provides customers with American crude oil (West Texas medium oil) and Brent crude oil, using the PGWG trading platform for commodity trading, and will never feel boring.
According to the time of the main trading place of the product, the transaction time is set up. The following table can be read and the specific time of transaction is displayed and updated with the product attributes within PGWG Trader.
Our trading time may be affected by market vacation and US summer time adjustment. Please refer to our company's notice or contact our customer service team to get the latest information.\
The cost calculation of financial products and the cut-off time associated with the resulting data are: 20:00GMT per day in the US daylight time, and all 21:00GMT. contracts that are operated before the deadline of the American winter season are displayed on the date of the day, and the contract for operation after that deadline is shown on the next trading day. .
* Please note: our product's closing time is not affected.
Profit and loss calculation:
(price - price) * * profit contract value contracts number = in dollars
* the above calculation process does not include commission fees.
Interest calculation: no
Deposit fee: storage rate * number of days * number of contracts
Investing in energy products has become one of the fastest growing markets. In these products, investing in crude oil and natural gas futures is the most popular and convenient way to enter the high growth market. Besides, many companies that own energy products also use crude oil futures to hedge the risk of price changes of their existing products. PGWG provides CFD products with high recognition and large circulation, which can provide customers with highly transparent product prices. CFD crude oil (American crude oil and Bren crude): PGWG ensures that the CFD crude products provided to you are very thin and high - current throughout the trading day, and you can deal with it in peace.