Unlike standard stock trading, oil futures require a dedicated account with a or an introducing broker.
: Traded on NYMEX with the ticker CL . It is the primary US benchmark. how do you buy oil futures
Once your account is funded and you've selected a contract month (most traders use the "front-month," which has the most liquidity), you can place your order. Unlike standard stock trading, oil futures require a
: Most retail platforms do not allow physical delivery. You must "roll" your position into the next month or close it before the expiration date to avoid being legally obligated to receive actual barrels of oil. Unlike standard stock trading