Buy Oil Futures: How Do You

: Initial funding requirements vary; while some brokers only require $500–$1,500, trading standard contracts often demands several thousand dollars in "performance bond" or initial margin. 2. Select the Right Oil Contract

There are two primary global benchmarks, and they come in different sizes to fit your budget: : how do you buy oil futures

: You will need to provide personal identification (government-issued ID), financial disclosures (income and net worth), and acknowledge specialized risk disclosures. : Initial funding requirements vary; while some brokers

: Always use a Stop-Loss order to automatically close your position if the price moves against you. : Always use a Stop-Loss order to automatically

: Traded on ICE (and CME with ticker BZ ), this is the international benchmark. Contract Sizes :

Buying oil futures allows you to speculate on or hedge against the future price of crude oil without having to take physical delivery of the barrels. To start trading, you must open a specialized futures trading account with a registered broker and meet specific margin requirements. 1. Set Up a Futures Trading Account