HFX allows you to trade light WTI Crude Oil and Natural Gas with CFDs. Commodities are popular investments for reasons that include inflation hedging, long-term-investing, and speculative trading.  Energy commodities are often traded by energy companies and consumers to defend against price volatility or uncertainty.

Our energy product prices correspond with single month futures of the underlying asset that is being traded on a market exchange. All commodity contracts that are traded with HFX are subject to monthly rollovers.

To allow for continuous trading, HFX will automatically rollover a mature contract to a new contract. However, all existing order (limits, stop loss or take profit) will not be updated to the new contract.

Traders that want to avoid rate adjustments are be able to close a contract before the expiry date.

Profit / Loss Calculation

In order to calculate profits or losses for energy products,It is important to know how many ounces there are per 1 lot when trading metals.

If you place a market order to buy 1 lot of Light Crude Oil at $82.44, and the price increases to $82.45, you made a profit of 1 Pip.  Since one lot of Light Crude Oil is 1000 units, multiply the $0.01 increase by 1000. (As illustrated in the above “Rates & Trading Conditions” table)  

Since .01*1000 = $10, you would have a ten dollar profit in this particular trading scenario.