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Trading CL on SurgeTrader

Crude OilFuturesNYMEX

Last verified: 2024-05-01 | Official rules page

Yes, CL (Crude Oil) is available on SurgeTrader. Each tick is worth $10.00, and each full point is worth $1000.00. Typical spread is 1 tick. Day trading margin is $1,000. Use MT4 for the best experience.

CL Specifications
Full NameCrude Oil
Typefutures
Tick Value$10.00
Point Value$1000.00
Typical Spread1 tick
Day Trading Margin$1,000
ExchangeNYMEX
Trading HoursSun 6:00 PM - Fri 5:00 PM ET (23h/day)
Max Contracts by Account Size

Based on a 10-tick stop loss and using your full daily loss limit.

AccountDaily LossRisk/Trade (10 ticks)Max Contracts
$25,000$1,250$100.00/ct12
$50,000$2,500$100.00/ct25
$100,000$5,000$100.00/ct50
$250,000$12,500$100.00/ct125
SurgeTrader Rules That Affect CL
Overnight HoldingAllowed
Weekend HoldingNot Allowed
News Tradingrestricted
EAs / BotsNot Allowed

CL is likely to be volatile around major economic releases (FOMC, NFP, CPI). SurgeTrader restricts trading during these events.

Recommended Platform

For trading CL on SurgeTrader, we recommend MT4.

SurgeTrader supports: MT4, MT5.

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