Energy Trading
- Oil and natural gas.
- Overnight swap cap at 0.03%
- Competitive pricing with low margin requirement.
Destined to Appreciate?
PSS transforms the oil and gas market with digitized investment products, offering our clients a straightforward and cost-efficient pathway to leverage oil investing.
Scarce products that the world uses everyday
Lagging supply compared to global economic expansion
Why Trade Oil and Gas with PSS?
Traders experience a lower transaction cost of carrying and storing and can discover prices from oil and gas producers and the future market.
Deep order pools with no commission trade
- PSS offers a fast, secure, and efficient environment for oil and gas trading with instant order settlement and no commission.
Risk management tools for sudden oil crisis
- Hedge against oil and gas prices plummeting short term due to a major oil producer increasing oil supply or new drilling technology. See advanced trading tools
No need to have a large capital to buy oil
- Using the leverage system offered by PSS, trades can buy 1,000 barrels of oil with less than US$500 margin deposited. Learn how leverage works
Adjustable leverage to maximize your profit potential
- Change leverage even for opened positions up to 500 to 1, allowing you to utilize capital 300 times of your deposit. Learn How Leverage Work at PSS
Trading Conditions
At PSS, we aim to make our trading conditions and policies as simple as possible. If you still have questions, please contact us for clarification.
Commission
While no commission is charged on energy trading, PSS may receive rebates from its liquidity providers and generates revenue from spreads.
Trading Hours
Oil and gas markets open 24hours during weekdays. The market closes only on Saturdays and Sundays, including Christmas and New Year.
Contract Size
- 1 barrel equals to 158.99 Liter.
- If a trader buys 1 contract of US_Oil at US$100 per barrel, then the trader is buying 1,000 barrels of oil at US$100,000.
Natural gas contract size is 10,000 MMBtu
- 1 MMBtu equals to 1,000,000 Btu
- If a trader buys 1 contract of US_NATG at $5 per MMBtu, then the trader is buying 50,000 MMBtu of natural gas at $50,000.
- The British thermal unit (Btu or BTU) is a traditional unit of heat; it is defined as the amount of heat required to raise the temperature of one pound of water by one-degree Fahrenheit.
Min. Trading Size (In Contract Size)
The smallest amount that you can buy is 0.01 contract, which equals to 10 barrels of crude oil for US_Oil and 100 million Btu of natural gas for US_NATG.
Max. Trading Size (In Contract Size)
The largest amount that you can buy or sell at PSS is 20 contracts, which is equal to around 20,000 barrels of crude oil and 200 million Btu of natural gas.
Tick Price(Smallest Value in Quote)
0.01 for OilTick price for US_Oil (Crude Oil) is 0.01 which equals to US$10 per contact.
0.001 for GasTick price for US_NATG (Natural Gas) is 0.001 which equals to US$10 per contact.
Leverage
If a trade wants to buy 1 Bitcoin at $10,000, the trader must have a minimum of $10,000 in trading account using 1 to 1 leverage. However, if the trade changes the leverage to 50 to 1, trade can buy up to 50 Bitcoins using $10,000. In the same way, traders at PSS can buy up to 300 Bitcoins with $10,000 using 300 to 1 leverage.
Margin Call
Using 10 to 1 leverage, your required margin to buy 1 Bitcoin at $10,000 is $1,000. At all times, your account balance should be able to cover the required margin, regardless of market volatility. If your account balance falls below 100% of the required margin, you will get a margin call. In this case, you must deposit more funds or increase your leverage. If your account balance ever falls below 50% of the required margin, your open position will be forced to close by the system.
Margin Calculation Formula
Margin requirement for crude oil =Current Price of Oil * 1,000 barrels * Number of Contract / Leverage
Margin requirement for natural gas =Current Price of Gas * 10,000 MMbtu * Number of Contract / Leverage
Profit Calculation Formula
Sell: (Open Price – Close Price) * Number of Contract * 1,000 barrels
Natural gas profit calculation =Buy: (Close Price – Open Price) * Number of Contract * 10,000 MMBtu
Sell: (Open Price – Close Price) * Number of Contract * 10,000 mmBtu
Swap Interest Swap Charge Time
The Swap Interest is charged once a day only if there is an open position when CME (Chicago Mercantile Exchange) open its futures trading at 4pm Central Time (UTC – 6) every day. If there is no open position at 4pm CT, no Swap Interest will be charged.
Swap Interest calculation formulaSwap interest for a long position = The Interest Rate * Contract * Premium / 360
Swap interest for a short position = The Interest Rate * Contract * discount / 360
PSS uses Interest Rate Cap to protect traders from any sudden surge in swap interest causing unavoidable disruption in trading.