CmC Markets - question regarding WTI-Cash (West Texas Oil contract)

[marco_mmbiz]

Maybe those brokers are trading with such contracts instead of showing the real spot price?

Knock-out-Produkte

www.hsbc-zertifikate.de

 

[bartek1985]

Well if you look on contract prices of WTI on CMC market you will notice that they are still very low 12$ while December contracts are on 35$ this is generating huge gap even bigger when they were rolling cash to contract. So tell me do would you feel ok if I tell you that we had to pay 225% more is this fair??? no this is scam you could just borrow some money from Italian Mobs .

We will see how it will go! I'll keep you guys posted.

 

[marco_mmbiz]

Well if you look on contract prices of WTI on CMC market you will notice that they are still very low 12$ while December contracts are on 35$ this is generating huge gap even bigger when they were rolling cash to contract. So tell me do would you feel ok if I tell you that we had to pay 225% more is this fair??? no this is scam you could just borrow some money from Italian Mobs .

We will see how it will go! I'll keep you guys posted.

You can still buy WTI July 2020 contracts at around 11€:

 

[acertablet]

You can still buy WTI July 2020 contracts at around 11€:

can u check is that particular futures contract offered by NYMEX?

when clients trade WTI, it is usually refer to the West Texas Intermediate, a US light sweet crude oil blend, traded at NYMEX. WTI July 2020 code is CLN20, price is $34 now

https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html

 

[marco_mmbiz]

The contract I attached is a contract from one of the lp's (banks).

 

[bartek1985]

Gentelman regardless from what is on the market I dont belive that brokers could regulate charts and prices acc. to what they feel at some point. Its like walking on mine field as you never know what will hit you.

Better go to casino and play Black/Red in rullete.

 

[acertablet]

Gentelman regardless from what is on the market I dont belive that brokers could regulate charts and prices acc. to what they feel at some point. Its like walking on mine field as you never know what will hit you.
Better go to casino and play Black/Red in rullete.

chances of winning in trading is higher than casino. ive ask some veteran trader about issue like this

https://www.forexpeacearmy.com/community/threads/tickmill-scam-offers-invalid-wti-price-in-close-only-mode-wrong-price-execution-for-all-bigger-trades.65384/post-367341

 

[FPA Forums Team]

The FPA invited the Company to update this discussion on Jul 27, 2020 at 11:03 AM