Thread: $125 oil
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Old 05-14-2008, 06:10 AM
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Quote:
Originally Posted by DoctorG View Post
when you say one lot, what did you buy one lot of ?
I assume one lot of "oil" , similar to gold or silver rather than another currency.
The reason I ask is that I use OANDA and I can't find oils on OANDA, however it did take me quite a while to find GOLD and SILVER (which was silly because they are just au and ag !)
Which broker do you demo with ?
Thanks

Hi DoctorG,
US based brokers won't let clients trade spot oil. You will have to trade oil on the futures market or find a forex broker outside the US to trade spot oil. I don't know the full reasons behind this. Maybe someone could elaborate.
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