June 10, 2020 BY Steffy Bogdanova

FXCM introduces UKOilSpot and USOilSpot CFD products

Both products, UKOilSpot and USOilSpot, have the same CFD contract sizing and pip costs as FXCM’s Futures Oil CFDs. The spot products have a daily financing fee for holding positions past 5pm EST, while existing futures products do not. Brendan Callan, CEO of FXCM said: With the collapse of oil prices recently, many traders are…

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