Trade USOIL, the United States crude oil benchmark, on Defcofx with 0.05 average spread, zero commission, no swap fees, leverage up to 1:50 and no maximum lot size restriction. Access oil price movement driven by EIA inventories, OPEC+, US shale and global demand.
WTI, or West Texas Intermediate, is the primary US crude oil benchmark. It is lighter and sweeter than Brent and is closely tied to US inventories, shale production, Cushing storage dynamics and US macro data.
WTI sets the reference price for US-produced crude and is one of the most traded commodity instruments globally.
Every Wednesday, US inventory data can cause sharp USOIL moves within minutes of release.
Trade WTI long or short without oil futures complexity or physical delivery requirements.
WTI is extracted in the US and delivered at Cushing, Oklahoma. Brent is produced offshore in the North Sea and is the global benchmark. WTI often trades at a slight discount to Brent, though the spread changes with supply and storage conditions.
Open your live account or practice free with a demo account and start trading USOIL on MetaTrader 5 today.
Trade USOIL with transparent conditions, low average spread and MetaTrader 5 execution. The 1:50 leverage cap reflects crude oil’s natural volatility profile.
| Specification | Value |
|---|---|
| Instrument | USOIL – WTI Crude Oil |
| Contract Value | 100 Barrels |
| Average Spread | 0.05 |
| Commission | $0 |
| Minimum Lot Size | 0.01 |
| Maximum Lot Size | No Limit |
| Leverage | Up to 1:50 |
| Swap Fees | None |
| Platform | MetaTrader 5 |
| Trading Hours | Nearly 24 hrs/day, Mon-Fri |
Oil spreads are quoted in USD per barrel. A 0.05 spread means the buy-sell difference is $0.05 per barrel. On a standard lot of 100 barrels, the round-trip trading cost is $5. On a 0.01 micro lot, the cost is about $0.05.
When you trade USOIL on Defcofx, you speculate on whether the price of WTI crude oil will rise or fall in USD terms. You do not take physical delivery of barrels of oil.
Open a buy position if you expect OPEC+ cuts, falling inventories, weaker USD or stronger demand to lift WTI prices.
Open a sell position if you expect inventory builds, stronger USD, weaker demand or rising supply to pressure oil prices.
One standard lot represents 100 barrels. At $70 per barrel, one standard lot has a notional value of $7,000.
WTI crude oil is one of the most macro-sensitive instruments available to traders. It responds to supply-demand data, US Dollar moves, OPEC+ decisions, Middle East risk and US shale production.
Production cuts tighten supply and can lift WTI, while increased output or quota failure can pressure prices lower.
Inventory draws are typically bullish, while inventory builds are usually bearish for WTI.
Oil is priced in USD. A stronger Dollar can reduce global demand and pressure prices.
Conflict, sanctions or blockades involving major oil producers can quickly add supply-risk premium.
Stronger global economic activity supports transport, industrial and energy demand.
High WTI prices can encourage shale output, while low prices can slow drilling and tighten supply.
The US Energy Information Administration publishes crude oil inventory data every Wednesday at 10:30 AM EST. It is the single most important weekly event for WTI traders.
WTI trades nearly 24 hours a day from Sunday evening to Friday evening, but New York hours and the EIA report window usually create the strongest liquidity and movement.
1:00 PM to 5:00 PM GMT. The most active period for USOIL, with US macro data and institutional volume.
Wednesday around 3:30 PM GMT. The single most volatile weekly event for WTI traders.
12:00 PM to 4:00 PM GMT. Strong two-way flow and generally tighter effective market conditions.
Weekend OPEC, Middle East or geopolitical developments can cause sharp opening gaps.
Defcofx offers leverage up to 1:50 on USOIL. One standard lot represents 100 barrels, while a 0.01 lot represents approximately 1 barrel equivalent.
| Lot Type | Lot Size | Exposure | Approx. Margin at 1:50 |
|---|---|---|---|
| Micro Lot | 0.01 | 1 barrel equiv. | ~$1.40 at $70 oil |
| Mini Lot | 0.10 | 10 barrels equiv. | ~$14 at $70 oil |
| Standard Lot | 1.00 | 100 barrels equiv. | ~$140 at $70 oil |
Use a Defcofx demo account to test your oil trading strategy and see how EIA reports and OPEC announcements move USOIL before risking real money.
Start trading USOIL in a few steps. Prepare your account, open MetaTrader 5, define your risk and use a clear plan before entering the oil market.
Choose live trading for real exposure or demo access to practice with virtual funds.
Download MT5 and sign in using your Defcofx account credentials.
Open the Market Watch panel in MT5, search for USOIL and open the chart.
Use technical and fundamental analysis, then define entry, stop loss, take profit and lot size.
Click Buy to go long if you expect oil to rise, or Sell to go short if you expect it to fall.
WTI is ideal for traders who follow scheduled inventory data, OPEC+ events, macro trends and US Dollar movement.
EIA inventory releases, OPEC+ meetings and Middle East flashpoints can create fast-moving opportunities.
WTI can form clear multi-week trends when supply cuts, demand growth or recession themes dominate.
Between major catalysts, WTI can consolidate between support and resistance zones such as round-number levels.
Monitoring the Dollar Index alongside USOIL can help confirm oil direction and momentum.
Open a live account to trade USOIL with 0.05 spread, zero commission and 1:50 leverage, or test your oil strategy on demo first.
Defcofx gives you direct access to WTI crude oil with professional-grade conditions, transparent costs and MetaTrader 5 execution.
| Feature | Details |
|---|---|
| Spread | 0.05 average spread on USOIL |
| Commission | Zero commission |
| Swap Fees | No swap fees |
| Leverage | Up to 1:50 |
| Lot Size | 0.01 minimum, no maximum |
| Contract Value | 100 barrels per standard lot |
| Platform | MetaTrader 5 |
| Welcome Bonus | 40% bonus on first deposit of $1,000+ |
| Withdrawals | Processed within 4 business hours, including weekends |
| Access | Live and demo accounts, all countries accepted |
New clients who make a first deposit of $1,000 or more on Defcofx receive a 40% welcome bonus. Terms and conditions apply.
Both USOIL and UKOIL are available on Defcofx. WTI is more US-data driven, while Brent is more global and geopolitically sensitive.
| Feature | WTI (USOIL) | Brent (UKOIL) |
|---|---|---|
| Benchmark Region | United States | Europe / Global |
| Delivery Point | Cushing, Oklahoma | North Sea offshore |
| Oil Grade | Light, sweet | Light, slightly less sweet |
| Global Relevance | US oil pricing benchmark | Global oil pricing benchmark |
| Avg. Spread | 0.05 | 0.08 |
| Key Driver | EIA reports, US shale, OPEC+ | OPEC+, Middle East geopolitics |
Oil can move several dollars per barrel in a single session on OPEC or EIA surprise. With 100 barrels per standard lot, risk management is not optional.
Oil can gap on weekend geopolitical news, OPEC announcements or surprise inventory data.
On one standard lot, every $1 move equals $100 profit or loss.
At 1:50, a small margin requirement can still produce large losses if price moves sharply.
Mark every Wednesday EIA release and every OPEC+ meeting date before holding positions.
Oil can gap at the Sunday open when major geopolitical events occur over the weekend. Middle East tensions, OPEC emergency meetings or Gulf Coast hurricane threats can create sharp opening moves.
Quick answers for traders reviewing USOIL conditions, costs, leverage, EIA reports and account access on Defcofx.
USOIL is the symbol for WTI Crude Oil on the Defcofx platform. It is a CFD tracking the spot price of West Texas Intermediate crude oil in USD per barrel.
The average spread on USOIL is 0.05. On a standard lot of 100 barrels, this equals an approximate $5 round-trip cost.
One standard lot of USOIL represents 100 barrels of WTI crude oil. The minimum lot size is 0.01, equal to 1 barrel equivalent.
Defcofx lists leverage up to 1:50 on USOIL. Oil is naturally volatile, so conservative position sizing is important.
The listed trading conditions state no swap fees and zero commission on USOIL. The 0.05 spread is the main listed trading cost.
The EIA report is weekly US crude oil inventory data. It is released on Wednesdays and is often the most important weekly event for WTI traders.
Yes. As a CFD, USOIL can be bought or sold depending on whether you expect WTI prices to rise or fall.
Yes. You can open a demo account and practice USOIL trading with virtual funds before going live.
WTI crude oil is one of the world’s most traded commodities, driven by clear fundamentals: OPEC+ output, US EIA inventory data, Dollar direction and global demand. On Defcofx, you get 0.05 spread, zero commission, no swap fees, 1:50 leverage, 100 barrels per standard lot, no maximum lot size and MT5 execution.
