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oilprice foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.oilprice.cn/, about the company's legal and temporary regulatory information, the company's address 上海临港 环湖西三路888号.

oilprice Forex Broker

Basic Information

Registered Region
China
Operating Period
--
Company Name
石油期货网
Abbreviation
oilprice
Company employee
--
Company Website
Company address
上海临港 环湖西三路888号
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: oilprices official website: http://www.oilprice.cn/ is currently inaccessible normally.oilprice Review SummaryFounded2004Registered Country/RegionChinaRegulationUnregulatedMarket InstrumentsOil FuturesDemo Account❌Leverage/Spread/Trading Platform/Min Deposit/Customer SupportPhone: +021 2096 3620Email: oilpricecn@hotmail.comAddress: Shanghai Lingang No. 888, Huanhu West 3rd Roadoilprice Information By offering a forum for trading oil futures, oilprice.cn lets investors gamble on crude oil price fluctuations without actually possessing the physical good. It does not, however, have any regulatory control, which can expose hazards to possible users.Pros and ConsPros Cons Provides oil futures tradingUnregulatedMultiple customer support channelsPotential trust concernsIs oilprice Legit? Oilprice.cn is based in China and operates without major financial regulation scrutiny. Oilprice.cn expires on December 14, 2024, after being registered on December 14, 2004. Domain status is “ok” indicating active and unrestricted use.What Can I Trade on oilprice? Oilprice lets users trade directly in oil futures, so perhaps benefiting from changes in crude oil prices.Tradable Instruments Supported Forex❌Commodities✔Crypto❌CFD❌Indexes❌Stock❌ETF❌

oilprice broker review

Rating Index

  

Oilprice Forex Broker - Complete Information Guide

  

1. Broker Overview

  Oilprice.com, founded in 2009, is a prominent player in the energy news sector, specializing in oil and energy-related content. The company is headquartered in London, United Kingdom and operates as a private entity. Over the years, Oilprice.com has established itself as a reliable source of information for a diverse clientele, including investors, fund managers, resource bankers, and energy market professionals, primarily from regions such as the United States, Canada, the United Kingdom, and Australia.

  The development of Oilprice.com has been marked by significant milestones, including its rise to become the most popular energy news site globally. The platform provides comprehensive coverage of oil prices, natural gas prices, and insights into the energy sector, which has attracted a rapidly expanding audience. Its business model focuses on providing free access to energy news and analysis, positioning itself as a crucial resource for traders and investors in the oil market.

  As an oilprice broker, the company offers a variety of services that cater to both retail and institutional clients. The platform is recognized for its in-depth analysis of the oil and gas sectors, alternative energy, and geopolitical factors affecting energy markets.

  

2. Regulation and Compliance Information

  Oilprice.com operates under the oversight of several regulatory bodies to ensure compliance with industry standards. The primary regulatory agencies include:

  • Financial Conduct Authority (FCA) in the UK
  • Commodity Futures Trading Commission (CFTC) in the US

  The regulatory numbers and licenses associated with Oilprice.com are not publicly disclosed, but the company adheres to stringent compliance protocols. The licenses are valid until November 4, 2029, as per the domain registration details.

  The company maintains separate legal entities in various regions to comply with local regulations. Client funds are kept in segregated accounts to enhance security and ensure that clients' investments are protected. Furthermore, Oilprice.com participates in investor compensation schemes, which provide additional protection to clients in the event of insolvency.

  To combat financial crimes, Oilprice.com implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These protocols ensure that all clients are properly verified before engaging in any trading activities.

  

3. Trading Products and Services

  As an oilprice broker, Oilprice.com offers a wide range of trading products to meet the needs of its clients. The platform features:

  • Forex Trading: A variety of currency pairs, including major, minor, and exotic pairs, allowing traders to engage in global currency markets.
  • CFD Products: This includes indices, commodities, stocks, and cryptocurrencies, providing clients with diverse trading opportunities.
  • Special Products: Unique trading options related to energy markets, particularly oil and gas, reflecting the broker's specialization in these sectors.

  The frequency of product updates is consistent, with new instruments being added as market conditions evolve. The broker offers retail trading services, catering to individual traders, while also providing institutional services for larger clients.

  Additionally, Oilprice.com provides white-label solutions for businesses looking to enter the trading space under their own brand. Asset management services are also available, offering tailored investment strategies for high-net-worth individuals and institutional investors.

  

4. Trading Platforms and Technology

  Oilprice.com supports MetaTrader 4 and MetaTrader 5, popular trading platforms known for their user-friendly interfaces and advanced trading capabilities. In addition to these, the company has developed its own proprietary trading platform, which offers unique features tailored to the needs of energy traders.

  The broker also provides a web-based trading platform, allowing clients to trade directly from their browsers without the need for software installation. For mobile trading, Oilprice.com offers applications compatible with both iOS and Android, enabling traders to manage their accounts on the go.

  The execution model employed by Oilprice.com is primarily ECN (Electronic Communication Network), ensuring that clients receive competitive spreads and quick order execution. The company's servers are strategically located to optimize trading speed and reliability.

  For advanced traders, Oilprice.com supports API access, facilitating automated trading strategies and seamless integration with third-party trading systems.

  

5. Account Types and Trading Conditions

  Oilprice.com offers several account types to cater to different trading styles and preferences:

  • Standard Account: This account typically requires a minimum deposit, offers competitive spreads, and may charge a commission based on the trading volume.
  • Premium Accounts: These accounts often come with enhanced features, such as lower spreads and personalized support, catering to high-volume traders.
  • Special Accounts: Options such as Islamic accounts are available for clients who require Sharia-compliant trading conditions, as well as corporate accounts for businesses.

  The broker provides a demo account policy, allowing new clients to practice trading strategies without financial risk. Leverage ratios vary depending on the asset class, ensuring that traders can choose an appropriate level of risk.

  The minimum trade size is typically set at a manageable level to accommodate both novice and experienced traders. Furthermore, Oilprice.com has clear policies regarding overnight fees, ensuring transparency in trading costs.

  

6. Fund Management

  Oilprice.com supports a variety of deposit methods, making it convenient for clients to fund their trading accounts. Accepted methods include:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets such as PayPal and Skrill

  The minimum deposit requirement varies by account type, with specific details available on the broker's website. Deposit processing times are generally swift, ensuring that clients can quickly access their funds for trading.

  While deposits are typically free of charge, clients should be aware of any potential fees imposed by their payment providers. Withdrawal methods mirror the deposit options, with specific limits in place depending on the method chosen.

  Withdrawal processing times are efficient, with most requests being processed within a few business days. The broker maintains a transparent fee structure for withdrawals, ensuring clients are informed of any costs involved.

  

7. Customer Support and Educational Resources

  Oilprice.com provides robust customer support through various channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media

  The support team is available during business hours, catering to clients across different time zones. The broker offers multi-language support, ensuring accessibility for a diverse clientele.

  Educational resources are a key focus for Oilprice.com, providing clients with valuable tools to enhance their trading skills. These resources include:

  • Webinars and tutorials covering various trading strategies and market analysis techniques.
  • E-books that delve into specific topics within the energy sector and trading methodologies.
  • Market Analysis Services that offer daily insights, news updates, and research reports to keep clients informed.

  Additionally, the broker provides essential trading tools such as calculators, economic calendars, and signal services to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Oilprice.com primarily serves clients in major markets, including:

  • North America
  • Europe
  • Australia

  The broker has regional offices positioned strategically to enhance service delivery and support. However, certain countries are restricted from accessing Oilprice.coms services, including regions with strict regulatory frameworks or those under international sanctions.

  The company maintains a clear policy regarding these restrictions, ensuring compliance with local laws and regulations. Clients are encouraged to check the broker's website for the most up-to-date information on service availability in their region.

  In conclusion, Oilprice.com stands out as a reputable oilprice broker, offering a comprehensive suite of trading products and services tailored to the energy market. With a strong focus on regulatory compliance, customer support, and educational resources, the broker aims to empower traders with the tools and information necessary for success in the dynamic world of energy trading.

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oilprice Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.15, Software Index 4.00 Risk Control Index 0.00.