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WTI Crude Oil (USOIL) Margin Calculator

Pre-set for WTI Crude Oil (USOIL): 1,000 barrels per lot, 1 point = 0.01. Works in 23 account currencies, with the math shown.

Example price — enter your broker's current USOIL price for an exact result.

Contract specs: 1 lot = 1,000 barrels

Oil CFDs vary: 1 lot is 1,000 barrels at many brokers and 100 at others. Check the contract specification in your broker's platform (MT4/MT5: right-click the symbol → Specification).

lots

EU/UK retail limit for USOIL: 1:10.

More options
USD

Optional. Shows the free margin and margin level after opening this trade.

Required margin

$9,400.00

at 1:10 leverage

Position value

$94,000.00

1,000 barrels

Margin requirement

10%

of position value

Show the math
  1. Position value in USD1.00 lots × 1,000 × 94.00 = 94,000.00 USD
  2. Required margin$94,000.00 ÷ 10 = $9,400.00

Rates from ECB, gold-api.com, CoinGecko, FX reference 2026-10-14, checked 19:46 UTC. Use your broker's live quote to trade.

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Quick answer

One lot of WTI Crude Oil (USOIL) at 94.00 (example price) is $94,000 of exposure, so it needs $9,400.00 of margin at 10:1 (the EU/UK retail limit) and $940.00 at 100:1.

USOIL margin table

Margin in USD at 94.00 (example price — use your broker's).
Leverage0.01 lots0.10 lots1.00 lots
10:1$94.00$940.00$9,400.00
30:1$31.33$313.33$3,133.33
50:1$18.80$188.00$1,880.00
100:1$9.40$94.00$940.00
200:1$4.70$47.00$470.00
500:1$1.88$18.80$188.00

WTI Crude Oil (USOIL) contract specification

Reference values used by the calculators. Rates: ECB, gold-api.com, CoinGecko, FX reference date 2026-10-14; updated hourly.
SpecificationValue
Contract size1,000 barrels per lot
Point size0.01
Value per point, 1 lot (USD)$10.00
Value per point, 1 lot (EUR)€8.93
Value per point, 1 lot (GBP)£7.54
Reference price94.00 (example — use your broker's)
Exposure of 1 lot (USD)$94,000
Margin for 1 lot at 10:1 (EU/UK retail max)$9,400.00
Margin for 1 lot at 100:1$940.00

What to know about WTI Crude Oil (USOIL)

USOIL is a CFD on WTI crude, quoted in US dollars per barrel. Many brokers set one lot at 1,000 barrels, so a $0.01 move is worth $10 per lot, but others use 100 barrels; check the contract size before sizing a trade.

Oil is most active during the New York session; the weekly US crude inventory report on Wednesdays often moves the price.

For other instruments, or to switch between them, use the full margin calculator.

Frequently asked questions

How much is one point worth on USOIL?

One point on WTI Crude Oil (USOIL) is a 0.01 price move. With 1,000 barrels per lot that is $10.00 per standard lot for a USD account, €8.93 for a EUR account and £7.54 for a GBP account.

What lot size should I use on USOIL?

Size the trade from the amount you are willing to lose and your stop: lots = risk ÷ (stop in points × point value per lot). Risking $100 with a 50-point stop gives 0.20 lots for a USD account.

How much margin do I need for 1 lot of USOIL?

At a price of 94.00 (example), one lot is $94,000 of exposure. That needs $9,400.00 at 10:1, the maximum leverage for EU and UK retail clients on this asset, or $940.00 at 100:1.

Is the point value the same at every broker?

No. Contract sizes for Oil differ between brokers, so the value per point can differ too. Open the symbol specification in your platform and set the contract size under Contract specs in the calculator.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. 74–89% of retail investor accounts lose money when trading CFDs with the brokers listed here. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The tools and information on this page are for education and are not financial advice.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. 74–89% of retail investor accounts lose money when trading CFDs with the brokers listed here. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.