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eToro Launches 24/7 Weekend Oil Trading with Risk Controls

Source: David Maria Nikolova

5a4b55ca943a77eaa95edfac05f1c75.jpegOnline broker eToro has introduced round-the-clock trading for its $OIL instrument, now available to clients seven days a week. The firm notes that trading during extended hours, weekends, and holidays may be subject to lower liquidity and wider spreads. Due to these differing market conditions, the $OIL.24-7 product operates under specific trading parameters.

These protective measures are designed to promote orderly trading in thinner liquidity environments, a consideration deemed especially pertinent amid heightened geopolitical volatility. Key conditions for the new offering include a leverage cap of 10:1. While Stop Loss and Take Profit orders remain active and may be triggered on weekends, the Stop Loss level is fixed at 75% and cannot be modified during weekend sessions.

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