The main differences between the two are:
1, different mechanisms
Spot crude oil has a short-selling mechanism, which can profit from two-way trading, 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.
Futures crude oil has a short-selling mechanism, which can make profits from two-way trading, 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.
2. Different funds
Spot crude oil margin trading, leverage ranging from 20 to 33.3 times.
Futures crude oil margin trading, leverage ranging from 8 to 12.5 times.
3. Are the trading hours different?
Spot crude oil is divided into daylight saving time and winter time following the opening hours in Europe and America. At present, domestic trading hours are from 07: 00 a.m. to 05: 00 a.m. Beijing time every trading day, and the closing time of the exchange is from 05: 00 to 07: 00.
Futures crude oil trading hours are: 9: 00 am to 165438+ 0: 30 pm to 1 0: 30 pm to 3: 00 pm.
4, the increase limit is different.
There is no increase limit for spot crude oil.
The daily limit of futures crude oil varies from 3% to 15% according to different futures varieties.
Baidu encyclopedia-crude oil futures
Baidu encyclopedia-crude oil investment