When trading crude oil on eToro, the trading hours for this commodity follows the standard market hours, which are as follows: The market opens at 17:00 on Sunday and closes at 15:30 on Friday, in the USA Central Time Zone (GMT -6:00). Additionally, there is a daily break in trading from 16:00 to 17:00 each day.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Trading hours are more than just numbers; they form the cornerstone of my strategy. They influence not only my profits but also my daily routine and sleep pattern. Trading crude oil on eToro means aligning with the global oil markets and their dynamic movements.
Each morning, with my coffee in hand, I log into eToro. I've noticed that crude oil, like gold, has specific trading hours that reflect the major global oil markets. Weekdays are active, while weekends are quieter, offering a chance for research and strategy development.
As an experienced trader on this platform, I understand that its trading hours for crude oil are shaped by key markets from New York to Dubai. However, I've also encountered surprises like maintenance breaks or global events that alter the typical trading schedule. This insight comes with experience.
During peak hours, liquidity is high. The swift price changes can be daunting for beginners, but they provide an exhilarating experience for seasoned traders. More buyers and sellers mean faster trades and potentially more profitable transactions.
My research on the eToro crude oil trading hours revealed that several other commodities follow the same schedule. These include:
All these commodities, like crude oil, operate from 17:00 on Sunday to 15:30 on Friday, Central Time Zone (GMT -6:00), with a daily pause from 16:00 to 17:00.
Drawing from my experience in trading oil with this broker, here are some key tips:
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Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
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