Futures crude oil: there is a short-selling mechanism, two-way trading can make a profit, and there are profit opportunities for both ups and downs. T+0 trading system. You can open positions many times on the same day, but there is a delivery date, and you must deliver when it expires, otherwise you will be forced to close your position or deliver things. At the same time, when the margin is insufficient, it will also be forced to close the position.
Spot crude oil: there is a short-selling mechanism, two-way trading can make a profit, and there are profit opportunities for both ups and downs. T+0 trading system. You can open and close positions many times on the same day, without delivery restrictions, and you can hold them indefinitely. However, when the margin is insufficient, it will be forced to close the position.
Second, different funds.
Spot crude oil: margin trading, the leverage is between 20 and 33.3 times, which is relatively high.
Futures crude oil: margin trading, the leverage is 8- 12.5 times, which is relatively low.
Third, the trading time is different.
Spot crude oil: following the opening hours in Europe and America, it is divided into daylight saving time and winter time. Due to the time difference, the current domestic trading hours are 07:00-05:00 and 05:00-07:00 Beijing time on each trading day, and the trading hours in Europe and America are 1 165438 following the winter time from October, with the opening and closing delays of 1 hour. It can enter the market at any time, and the price continuity is superior to futures. The most active trading period is 20:00-02:00.
Futures crude oil: trading time: 9: 00 am ~165438+0: 30 am? 65438+ 0:30~3:00 pm. Due to the short trading time, it is not in line with the international gold price, and the phenomenon of gap is frequent. Investors can't enter the market in the early stage. It's easy to miss the opportunity to get in and out.
Fourth, the increase limit is different.
Spot crude oil: no increase limit.
Futures crude oil: the daily price limit varies from 3% to 15% according to different futures varieties.
Crude oil investment is a mature market investment in the world, but it has just started in China. The market demand for crude oil is very large, and it is a non-renewable resource. Therefore, the price of crude oil fluctuates greatly, mainly depending on the relationship between market supply and demand.