Lower Trading Cost
Zero online trading commission. Lowest 0.04 USD crude oil spread.
Flexible Trading Lots
The lowest Trading Lot (0.01) with $10 margin to start trading
GWFX Global provides transparent quoted price calculation and direct comparisons with other futures/indices data.
Effective and Fast
Real-time market changes and quick trade on stable and advanced trading App.
How to calculate profits/loss on trading energy?
Profit ( or loss)=(Closing Price-Opening Price) * Contract Size * Lot(s) - swap
*No Overnight rate included if investors close positions within the day. Actual rates shall be subject to those provided on GWFX Global.*
On GWFX Global you have bought
1 lot of US oil with the opening position at 50.35, close price at 53.15 within the day, in this case there is no swap at all, the contract size of US oil is 1000. Thus, the price you win is: Profit/Loss =(closing price – ope -ning price)* contract size*lot(s)-swap = (53.15 – 50.35) * 1* 1000 – 0 = 2800 USD