A Simple, Cost-Effective Way to Trade the Price of Oil
Trade the price of the WTI benchmark using LMX Labs’s Micro Crude Oil product.
Our micro-sized futures contract and low fees allow everyday traders to access one of the most actively traded global markets.

Built for
retail traders
Small contracts and low fees mean less capital required to trade.

Strengthen
your portfolio
Speculate on the price of oil based on global supply and demand dynamics.

Around-the-clock
access
Trade the price of oil 23 hours a day.
Contract Specifications
Micro Crude Oil Futures
Contract Unit |
100 Barrels x WTI Crude Oil Price (~$70 WTI Price/~$7,000 notional) |
Trading Hours |
Sunday – Friday 6pm – 5pm ET |
Minimum Price Fluctuation |
0.01 index points = $1.00 |
Product Code |
OIL |
Listed Contracts |
Monthly contracts listed for nearest two months |
Settlement |
Financially settled |
Termination of Trading |
Trading terminates 2:30pm ET 4 business days prior to the 25th calendar day of the month prior to the month of the contract |
Indicative Initial Margin |
Expected at ~10% or $700 |