Can someone please explain what’s going on with oil. The price on 212 is 18.3. On plus500 and online state oil price is at 25.5 why is there a discrepancy when it has and still is running parallel? My account is close to margin call because of this HUGE change and I’m very confused.
Hey @Mikal. The reason is that you are looking at different futures contracts on Oil, which are two different instruments. The one on our platform with a price of ~18.50$ is with expiration in April, whereas the one selling at ~25.60$ is set to expire in May.
I strongly advise you to educate yourself on the nature of futures contracts and their trading conditions before entering in any positions on them. You can also check the video below:
I hope this will be of help. Cheers.
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Okay, thanks for the help, @PeterA really appreciate it. Makes so much more sense. I’ll be researching the rest of the day. Thanks again!
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Io non credo che il prezzo del oil in trading212 sarebbe in parartelo con altri broker, ho mandato anche alla assistenza questo problema.
Vi mando s
Guardate voi la differenza in 2 ore ?
Brent va ok,Oil no !