Currency Conditions MetaTrader
At One Hantec Global, we provide access to Brent and Crude oil markets. There are plenty of trading opportunities within this market and high levels of liquidity to ensure you can trade efficiently.
|Pip Cost (Native CCY)||$1.0|
|Min. Trade Size||1|
|Maximum Lots per Trade||500|
|Margin Requirement Per Min Trade Size USD*||200|
|Minimum Stop Distance (Points)||0.1|
|Trading hours (GMT)**||Sunday 22.00 – Friday 20.40|
|Break Time (GMT)**||Daily from 22.15 – 23.00|
|Minimum Funding||No minimum deposit|
|Leverage*||up to 1:500|
|Stopout Level||Equity = 40% of used margin|
|Account Denomination||USD, EUR, GBP|
*Based on 1:100 leverage.
**All times are in current GMT. Please take note that trading hours may change during holidays. Clients will be informed of any changes by email.
***For leverage higher than 1:200, stopout level will be 40%. Please note that One Hantec strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the spreads displayed here. Additionally, spreads may not be applicable to Japanese-yen-denominated accounts or client accounts of introducers. Certain currency pairs may not be available for all account types. Please note that during volatile market conditions and periods of low liquidity, and around economic data releases, spreads may increase momentarily on affected currency pairs. Volatile market conditions can result in price gapping, which may prevent the execution of the following orders (sell stop, buy stop, stop loss) at the requested stop price. We strive to execute all stop orders at the requested price, market conditions permitting.
Oil has a monthly expiration and clients that hold open positions of either US-OIL or UK-OIL upon ‘One Hantec Expiration’ will be closed at our bid/offer rates at 21:15 (GMT time) on the expiration dates.
One day prior to expiration, the expiring month is trading at 61.00
The customer position is closed at 61.00 and the profit is credited to the clients’ trading account.
All pending Stop and Limit orders that are associated with the expiring contract will be cancelled.
The client will have to re-establish a new long position (if he so wishes to) for the next trading month and re-establish any Stop and Limit orders to the new open position.