In light of recent oil market turbulence which affected trading on WTI Crude oil, Axiory Global is happy to announce that we are introducing Brent Oil as the newest trading instrument to our energies trading assets.
Energies hold a big share of the market with Brent oil being one of the biggest commodities in the world. We’re happy to let our traders know they can now trade Brent oil on all account types and both MT4 and cTrader platforms. With Axiory, traders from across the globe can trade on the commodity’s price movements with spreads starting at 0.5 pips, leverage up to 1:10 with all the risk-management tools Axiory offers including negative balance protection, our unique risk management tools, Autochartist and Strike Indicator and our constant market updates and webinars.
Axiory Brent Crude Oil Trading Specifications
As our traders already know, trading on WTI Crude Oil was suspended mid-last week, in order to protect our traders from exceptional risk due to extremely high volatility. This happened following the unprecedented crash of WTI oil futures contracts for May, to below $0. UK based, Brent oil, has been less affected by the COVID-19 lockdown, especially since the EU has managed to avert the storage crisis that the US is facing. At times like these, our main mission is to ensure our traders have access to historical trading opportunities, without having to take on exceptionally high risk. Trading on WTI Crude oil will be enabled as soon as volatility settles and our team of experts deem it fit to be available to traders.
Axiory’s market analysis team has been keeping traders updated since the news hit the markets on Monday, April 20th. We’ve since prepared ongoing oil-centric market news, videos and an upcoming webinar to keep every trader in the loop as these historic events unfold.
You can learn more about Brent trading here