CySEC regulated FXPRIMUS today has announced the launch of new tradable instruments: Brent Crude Oil (UKOIL) and WTI (OIL), and Spot Oil, which is non-expiring (USOIL.sp & UKOIL.sp).
This move follows the launch of FXPRIMUS’ new three pillar strategy to provide SAFETY through EDUCATION and TECHNOLOGY, whereby the company places greater emphasis on the provision of the highest quality services and products to its clients.
Brent Crude and WTI – known respectively as sweet light crude and Texas light sweet – have been identified by the company as tradable instruments of significant popularity further to increased demand from clients to trade on the oil volatility.
In response to the growth in popularity of trading on oil and other commodities during this time, clients can register to trade both on the futures CFD and also spot oil which is non-expiring, in order to benefit from competitive trading conditions including some of the industries tightest spreads from $0.02.
Director & CEO of FXPRIMUS Terry Thompson commented:
“Our decision to extend our range of tradable instruments evidences our determination to provide the most relevant products to our traders who are both interested in commodities and in diversifying their trading portfolio.“
For more details on the new instruments click here.