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Unlike a currency, the amount of Crude Oil that`s out there can’t be increased – making it extremely scarce. Because of this, the precious liquid is frequently used as a hedging guard, against inflation or devaluation of global currencies. Investors tend to rely on Crude Oil during times of financial uncertainty, as it`s a stable constant.
Of course, with the increasing popularity of an investment, there also comes a constant risk of a price bubble forming, which could drastically affect prices if it bursts. This is why a number of Crude Oil traders choose to diversify into other markets.
MetaTrader 4 supports Windows, Mac & (including on iPhone, iPad, Android) and Webtrader.
Risk Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Please ensure you fully understand the risks involved, seeking independent advice if necessary prior to entering into such transactions. Please read Uniglobe Markets full ‘Risk Disclosure Statement’.
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