How does
Energies CFDs
trading work?
What are energies CFDs?
The price of oil is an indicator of the robustness of the global economy. Oil demand is correlated with economic growth and in times of economic decline, oil prices are likely to drop. It is a 24-hour market, which can be highly volatile, making it a good choice for intraday traders looking for fast movements.
Trading CFDs on Crude oil is an easy way to enter the Energies market and doesn’t require ownership of underlying assets. You just speculate on the price of Oil and Gas rising or dropping and your profit/loss is the difference between the open and close price.
Advantages of trading energies with CronoMarkets
- Deep liquidity pool that ensures a stable price feed
- Low spreads & ultra-fast order execution
- Ability to trade manually, copy trade or use robots
- High-quality trading signals from Trading Central and Autochartist
- Choice of your preferred pricing model with our Classic or Premium account types
