How to paper trade Crude Oil on MCX
Practise trading MCX Crude Oil futures and options with live prices and virtual money. Lot size, hours and how to place a trade.
Crude Oil is the most actively traded MCX commodity — high volatility and long hours make it a favourite for practice. On Nifty Paper Trade you can trade Crude Oil futures and options with live MCX prices and virtual money.
Key facts
- Symbol: CRUDEOIL (plus CRUDEOILM, the smaller "mini" contract)
- Hours: ~9:00 AM to 11:30 PM IST
- Moves on: global oil prices, US inventory data, OPEC, the dollar, geopolitics
How to trade it
- Open Commodities and select Crude Oil.
- Trade the future (long/short) from the Futures tab, or open the option chain to buy/sell calls and puts.
- Set lots and confirm — the position shows with live P&L in Positions.
Crude moves fast, so it's a great place to practise stop-losses and scalping discipline.
FAQ
What are Crude Oil trading hours on MCX?
About 9:00 AM to 11:30 PM IST.
What's the difference between Crude Oil and Crude Oil Mini?
The mini (CRUDEOILM) is a smaller-lot contract — lower margin, good for practising with less capital.
Can I trade Crude Oil options?
Yes — open the commodity option chain for Crude Oil and trade calls/puts.