Thinking of trading BRENT?
- 1. The Brent market is incredibly active, and it's well known to investors around the world. Oil prices fluctuate on the faintest whisper of news regarding pricing, which makes it a favorite of swing and day traders looking for that edge. 2. As for the economy, it should be expected that strong economic growth would drive oil prices upward to some extent. The belief is that a strong economy would increase the demand for crude oil. On the other hand, an economic crisis would lead to a decline in oil prices. The belief here is that the economy is not even strong enough to need more oil.
Trading CFDs involves significant risk of loss
How would you like to trade BRENT?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade Brent Oil CFDs. Reduce your risk exposure by adding multiple asset classes to your portfolio. Choose among Forex, Shares, Indices, Energies, Precious Metals, and ETFs.
1. Crude oil moves through perceptions of supply and demand, affected by worldwide output, as well as global economic prosperity. Oversupply and shrinking demand encourage traders to sell crude oil markets to lower ground while rising demand and declining or flat production encourage traders to bid crude oil to higher ground. 2. Case in point is the Iraqi wars and unrest in the Middle East. Iraq is a major oil producer, and any event poses threat to several economic activities, including oil production and exportation can have far reaching implications on the price of all oil commodities. 3. Just like the WTI crude oil, OPEC supplies also influence Brent crude oil prices. A reduction in OPEC production target is likely to drive Brent crude prices high. OPEC's decisions are so important in the oil market because OPEC owns about two-thirds of the global oil market. So traders of Brent crude might want to keep tabs on OPEC's decisions to help the process of predicting Brent crude oil prices.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'