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1 March 2017 You don't have to be Goldman Sachs to start trading today in US Crude Oil, because for just $10 you can. However we really wouldn't recommend that without learning first in MT4 demo mode because you can make a loss just as you can make a profit. Trading US oil is increasingly popular at Z.com.trade, where dealing in any other Forex market requires around $50 minimum. Unlike currency trading, all you need to decide is whether the price of US oil will go up or go down. Obviously you can make a profit when the price goes up but at Z.com you can also make a profit when the price goes down by selling short. However the main reason to choose US Oil - WTI - West Texas Intermediate Crude is because not only is it the finest, with less sulphur and therefore easier and cheaper to process than all other crude, but it is the oil that powers the USA. WTI is only exported to Canada for refining and reimposing to the USA therefore as an investor WTI Crude is relatively easy to monitor and the Trump presidency is sure to have a massive effect. Markets run on rumour, news and confidence. The more volatility in politics and events, the more fluctuation in the oil price and the more opportunity for traders. Oil is the glamorous Rock Star Commodity, fluctuating more than anything else on the Forex and hitting the headlines constantly in more dramatic ways than any other commodity or currency could ever hope to achieve. Historically this is why oil has always been so attractive to those with enough capital to trade in it. When did you last hear about soya beans or the Canadian dollar? Whether it's an oil spill, a supertanker hijack, a new oilfield discovery, a fracking controversy or just the price at the pumps, the media always goes big on oil. Right now 2017 is set to be a spectacular oil story year as the world changes course. After wrecking the lives of locals by attracting a huge encampment of get-rich-quick opportunists from red-neck labourers to low-neck prostitutes, the North Dakota Fracking Shale Oil Rush has stalled, at least for the moment. Bad news you might think but for traders any news is an opportunity and like the Terminator - Oil will be back! After a decade of global warning headlines promoting energy constraint, over-supply has turned North Dakota's boom to gloom with each drop in the oil price and changed US perception from trade-down-your-wheels frugality to cheap oil is here to stay, so get stuck in and make the most of it. Now what we have is a slump in US compact car sales. On their knees in 2008 with fields of unsaleable SUVs, Chrysler, GM and Ford are now back in profit as the US returns to its love affair with gas guzzlers. This then creates an increased dependency on oil and everytime the oil price goes up or down somebody takes a profit. We are now on the cusp of truly massive change, which step by step will be reflected in the price of oil. The Trump presidency is commited to increased oil production and removing conservation barriers to pipelines. The concrete and steel for Trump's Mexican wall and all his other infrastructure plans, like road and bridge maintenance, will go nowhere without oil. Brexit is sure to affect North Sea Brent prices and Middle East turmoil continues. Love it or hate it, until renewables take over in the far distant future, we can't do without the black stuff, the big difference now is anyone can trade in it. Oil Trading for Everyone Like Google, Z.com's rapid growth is part of the internet phenomenon. By utilising the MT4 trading platform, steamling systems and removing the cost of entry barrier, Z.com makes oil trading easy and accessible to all. Investing in oil was once the preserve of institutions and the very wealthy, trading 1000 barrel lots on the NYMEX. Today Z.com trades in 10 barrel lots on the Forex, with a minimum $10 trade of around a tenth of a barrel, allowing anyone and everyone to deal in US oil in either pounds, euros or dollars. Prices go up or down by one cent - a one hundreth of a Tick, a full Tick equaling $1. No Commission You can open a dollar, Pound or Euro account saving currency conversion bank charges, but the market trades in dollars. There is no commission and there are no hidden costs. Incredibly for just $10, you really can trade in US crude oil. However minimum withdrawal is 50 pounds, dollars or euros, depending on your account and there are no fees. PayPal is not allowed by the FSA. If you have a UK bank account and live in the UK, there are no bank charges. If you live outside the UK, open a Skrill account to avoid bank charges. Skrill is regulated by the FSA, basically a PayPal for the financial services sector. Sounds too good to be true? Incredibly trading US Oil on the Forex is as good as it sounds. With $10, no commission, no fees, £, $, € account on MT4 on the Forex. http://www.ForexCrude.com
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