*Developed in partnership with Pelican Exchange Limited and London & Eastern LLP. Pelican Exchange Limited is an Appointed Representative of London and Eastern LLP which is authorised and regulated by the Financial Conduct Authority (“FCA”) with respective FCA registration numbers 739090 and 534484.
Pricing is indicative. For a complete overview of all the commodities available and what time zone they are active in, check out the product schedule.
Energy trading is the trading of products like natural gas, oil, and crude oil. Due to the supply-and-demand of energy assets as well as frequent price fluctuations, energy trading is an attractive investment opportunity for many traders. When you trade CFDs on energy with Axi, you are not buying a physical asset such as a barrel of oil or natural gas. Instead, you simply trade (buy or sell) on the price movement of the underlying asset through CFDs.
The oil trading market is split up into two trading sessions: Brent crude oil and West Texas oil.
The trading hours for Brent crude oil are Mon - Fri 01:00 - 22:59 (New York time).
The trading hours for West Texas oil are Sun - Fri 18:00 - 16:59 (New York time).
The trading hours for natural gas are Sunday to Friday, 17:00 - 15:59 (Сhicago time).
The energy market is a major sector of the economy, and there is a growing demand for either existing energy sources, such as oil and gas, or alternative sources. This makes energy trading one of the most popular investment opportunities.
Commodity CFDs let you speculate on prices without owning the underlying shares. You enter a contract with Axi to exchange the difference in the commodities price between the contract's start and end.
While leverage has the potential to amplify gains, it can also lead to significant losses since prices can fluctuate rapidly and unexpectedly. If the market moves against your position, you may be required to deposit additional funds to maintain your open trade. Failure to meet a margin call can result in your positions being closed at a loss. In volatile market conditions, it might be difficult to close your position at the desired price. Sudden market movements can cause prices to "gap" over your stop-loss orders, potentially leading to larger-than-anticipated losses.
Leverage is a loan provided to traders that makes it possible for them to buy and sell trading instruments. Please review the product schedule for detailed information.
A standard trading account with Axi is commission-free.
If you set up a Pro account for online trading, you will be charged a small commission of USD$3.50 per lot ($7 round trip) in conjunction with having lower spreads.
At the end of each trading day (MT4 Server time), positions held in your account may be subject to a charge called “swap or rollover”.
We reserve the right to charge an inactivity fee where there are funds in your Account but there has been no trading activity and no open positions on your Account for a continuous period of 12 months.