Select the asset you want to trade.
Click “CALL” if you think the price will rise above the current rate at the expiry, or click “PUT” if you think the price will fall below the current rate at the expiry
Enter the amount of money you want to invest
- trading oil
The fact that people from around the world want to increase their profits isn’t something new. But the difference is that with the Internet, it has become easier to do it, especially thanks to online trading. Online trading offers convenient trading on the Internet, where you can basically trade in almost everything: currencies (Forex), shares, raw materials like gold, oil and other goods. One of the biggest advantages of these trades is that people who are willing to do it don’t need former specific knowledge, because the easiest and the best way to do it are through a brokerage company. IkkoTrader is the most renowned brokerage company for French speakers. It’s serious, totally safe, completely reliable and also generous. Each new client who opens an account automatically receives 80€. Among all the advantages it provides, the biggest is obviously that the website doesn’t take any commission.
Understanding the oil trading
Oil, also called black gold, is the world’s most used source of energy. It constitutes the cornerstone of global industrial economy. There are two kinds of oil: the light oil that comes from the Northern Sea, and the crude oil that comes from the United States and the OPEC states. Oil is traded according to the price of the barrel, and this price’s fluctuations depend on the supply and demand. Actually, the demand has been increasing the past few years because of the growth of the global economy. Quotas are generally established to allow the price per barrel to remain as stable as possible. Oil has become an extremely rare and precious material due to the rise of the demand, which of course induces people to invest in it in order to make quick profits.
How to get started in this trade
For those who wish to get started in this kind of trading, the procedure isn’t complicated. You just have to open an account on IkkoTrader: it will provide you with a free professional trading platform. No need to download it. You have to understand that this trade is about buying and selling oil. Here’s an example: the trader buys oil at a relatively low price, and sell it to someone else making important profits out of it. You also need to know that finished oil products can be traded after passing through a refinery. In order for the investor to make profits with minimum risks, he needs to make a futures contract.
The procedure to follow on IkkoTrader
Trading oil with IkkoTrader is extremely easy because this website provides its clients with the most advanced tools in order for them to succeed. Once you’ve become a member on the website, you only have three clicks in order to start your trading: 1) decide if the price is going to increase, and in that case click on “Call”. Or at the contrary, decide that the price is going to drop and click on “Put”. 2) enter the amount of your investment and 3) click on “Apply” in order to transfer your investment. Quick, easy, and oh so profitable!