Do spot crude oil, the minimum threshold is how much money ah?
450 yuan is the minimum threshold of funds.Knowledge extension:Spot crude oil, also known as the international spot crude oil, is a kind of contract using the principle of financial leverage. It's not like we usually said crunching, but in the transaction after 1 to 2 working days to complete the delivery procedures, but some investors are not in the actual delivery of crude oil after the transaction, but due to liquidation profits of price.
Calculation formula:Spot crude oil quotes using international units: yuan / barrelSpot crude oil minimum trading unit; 1 hands (100 barrels)For example, the purchase of 1 hand spot crude oil, the price of $300 / barrel, then you need to invest 300 yuan / barrel x $100 * 1.5%=450.
Platform generally does not require that some of the members of the unit will be set up with the agency, there is no threshold limit, but the lower the risk of funds, because the spot crude oil is a margin trading system, there is a lever. As long as the minimum input to meet the amount of operation can be. But crude oil products involve a lot of specifications. And each platform supports the specifications are not the same. Some companies support 1T, 5T, 15T, 20T, 100T, etc..