   BRENT Price | SimpleFX: Free Trading & Investing App                                            
```json
{ "@context": "https://schema.org", "@type": "FinancialProduct", "name": "Brent", "description": "Trade Brent with SimpleFX. Real-time financial instrument trading with competitive spreads, and professional trading platform.", "identifier": "BRENT", "category": "Financial Instrument", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/brent" }, "url": "https://basitfx.com/instruments/brent", "sameAs": [ "https://www.ice.com/" ], "offers": { "@type": "Offer", "price": 104.76, "priceCurrency": "USD", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "0.04 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 100 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "USD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "BRENT Trading", "description": "Learn how to trade BRENT with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/brent" } }
```
 
```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Commodities", "item": "https://basitfx.com/instruments/?category=commodities" }, { "@type": "ListItem", "position": 4, "name": "BRENT" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is Brent (BRENT) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "Brent (BRENT) is a financial instrument CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on BRENT?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on BRENT at SimpleFX is 0.04 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for BRENT?", "acceptedAnswer": { "@type": "Answer", "text": "BRENT can be traded with up to 1:200 leverage on SimpleFX, which corresponds to a margin requirement of 0.50%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is BRENT margined in?", "acceptedAnswer": { "@type": "Answer", "text": "BRENT positions on SimpleFX are margined in USD. Your account balance in USD is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for BRENT?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for BRENT on SimpleFX is 100. Position sizes are calculated based on this contract unit." } } ] }
```
 

78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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*   BRENT

[Brent price](https://app.basitfx.com/instruments/BRENT)
========================================================

Brent
-----

104.68 USD

+0.48 (+0.46%)

1H

4H

1D

1W

1MN

BRENT Key Statistics
--------------------

Open price

104.3

High today

104.84

Low today

104.24

52 Week high

119.425

52 Week low

58.695

##### Trading hours

\-12:00

\-11:00

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\-03:00

\-02:00

\-01:00

UTC 00:00

+01:00

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+13:00

+14:00

UTC 00:00

Sunday

\-

Monday

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Tuesday

\-

Wednesday

\-

Thursday

\-

Friday

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Saturday

\-

##### Symbol trading specification

Description

BRENT

Exchange

ICE

Base Currency

USD

Quote Currency

USD

Contract size

100

Margin

0.50%\*

\* for 1:1000 account leverage

Tick size

0.01

Target Spread

0.04

Stop levels

0

Swap - Buy

\-0.1135%

Swap - Sell

\-0.0697%

Minimum contract size

0.01

Maximum contract size

100

Type

Commodities

[Trade Brent](https://app.basitfx.com/instruments/BRENT/chart)

### About BRENT

**The Brent price is an essential indicator in the global oil markets, representing one of the major benchmarks for purchasing oil worldwide. Tracking the Brent price offers insights into the broader energy sector, affecting decisions by investors and traders alike.**

#### What is BRENT?

Brent crude oil is a major trading classification of sweet, light crude oil that serves as a significant benchmark price for purchases worldwide. The SimpleFX platform enables a demo account for investors exploring [how to trade BRENT](/how-to-trade/BRENT). This feature enables engaging in the commodities market without financial commitment. It can benefit novices who need practical experience, and even after switching to a live account, it doesn't require a minimum deposit. Transitioning to a live account also opens the possibility of using leverage, enhancing the trading dynamics.

#### How does BRENT work?

Investing in Brent crude involves analyzing global economic indicators, supply-demand balances, and geopolitical developments that may influence its price. On the SimpleFX platform, traders can navigate these complexities by engaging with futures contracts, allowing speculation on the future Brent price. Key factors affecting its price include geopolitical instability, variations in production by major oil-exporting countries, and changes in energy demand. Understanding [how to invest in BRENT](/how-to-invest-in/BRENT) through SimpleFX requires an exploration of these global dynamics and their potential impact on pricing.

#### Current BRENT price

The current **BRENT price** is subject to fluctuation due to the market's volatility. Investors can check it on the chart, the SimpleFX Webtrader platform, or the mobile app.

#### BRENT price history

Brent's price history focuses on volatility and is shaped by global economic shifts, geopolitical events, and technological advancements in extraction methods. Price fluctuations have historically been driven by a combination of OPEC's production decisions, global demand variations, and significant geopolitical events, offering a rich context for analyzing current market conditions and making informed trading decisions.

#### BRENT market cap

The market capitalization of Brent crude reflects its total value based on current prices and the volume of contracts in circulation. In the chart above, traders can check the current BRENT price and market cap on the SimpleFX platform.

[Read more Close](#)

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Margin trading in foreign currency, virtual assets or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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