Trade CFD Energies
The below table includes all the CFD energies we offer
Energies
| Symbol | Currency Base | Description | Margin | Swap Long | Swap Short | Min Lots | Max Lots | Trading Hours * |
|---|---|---|---|---|---|---|---|---|
Fees
Find out if and how our fees are applied to deposits, withdrawals and trades. You can find all the details on our overview.
Holiday Hours
Due to the global nature of CFDs, traders should be aware of the specific holiday trading hours observed in each market.
Corporate Actions
Corporate Actions are the dividends paid by stocks and indices, this might affect your trading.
What is meant by energies?
The term “energies” refers to materials that release energy during combustion. This energy can be released in the form of heat, light or other forms of energy. Energies are crucial for many applications, including heating, power generation, transport, and industrial processes. There are different types of energies, for example fossil fuels such as crude oil, natural gas or coal, renewable fuels such as hydrogen or biogas and nuclear fuels such as uranium.
How can I trade energies?
The most traded energy on the commodity exchanges is the US crude oil grade West Texas Intermediate (abbreviated: WTI; GBE symbol: USOIL.c). Example: You assume that the price of USOIL.c will rise from the current price of USD 70 per barrel. You decide to buy 1 CFD USOIL.c for USD 70. After some time, the value of USOIL.c rises to USD 75. If you decide to close your position at the price of USD 75 the difference of USD 5 is your profit. And vice versa. As with all CFD products, you are not entitled to delivery of the WTI crude oil, you can only participate in the price fluctuations.
* Please note that the value of the products may change. The examples on our website are hypothetical and should not be used as guidance or advice. You can always contact our team if you have a question.
Frequently asked questions (FAQ)
Can’t find the answer you’re looking for? Reach out to our customer support team.
Send an email to: [email protected]
Reach us via phone: +49 40 605 90 10 40
Trading energies at GBE is commission-free.
The small “.c” with the dot as the symbol ending stands for “Cash” (e.g. “UKOIL.c”) and serves as a symbol differentiation to our futures products which are labelled with a month code and the last two digits of the year at the end of the symbol (e.g. UKOIL.H24). The expiry dates of our futures products can be found here or under the main menu “Trading Products” under “General Information”.
Our weekly market report is only available in German and can be found under the tab “Tools” under “Analyses” or here.
No. You can open and manage accounts with GBE brokers free of charge. This applies to both live and demo accounts. However, please remember that demo accounts are closed after 30 days of inactivity. If you hold your trading positions overnight, your positions will incur swap fees based on the currency pair or CFDs you trade.
Both platforms are very similar in their basic functions, but there are some differences:
- different programming languages (MQL4, MQL5)
- different number of time levels and indicators
- different number of order types
GBE brokers does not charge any fees or commissions for deposits or withdrawals. Such fees are charged by payment service providers like PayPal, Visa, Neteller etc. Credit card deposits may incur additional fees due to exchange rate differences. These fees are charged by the banks, not by us. For an overview of our deposit and withdrawal methods and the fees involved, please click here.