Best Crude Oil Brokers for 2025

We found 11 online brokers that are appropriate for Trading Crude Oil.

Crude Oil Brokers Guide

Analysis by Andrew Blumer, Updated and fact-checked by Senad Karaahmetovic, Last updated – June 21, 2025

Crude Oil Brokers

As an experienced oil trader, I’ve learned that crude oil brokers are essential for navigating the highly volatile and strategically complex energy markets. For example, when Brent crude prices spiked 10% in a single day in 2020, a skilled broker helped me secure a futures contract at a favorable strike price, avoiding heavy losses. These brokers act as licensed intermediaries, connecting buyers and sellers while offering access to various trading instruments like futures contracts (e.g., NYMEX Crude Oil Futures), options (such as a call option on WTI), CFDs (for quick in and out trades), and ETFs (like USO or BNO). Each of these tools demands a different approach whether it’s hedging with options before OPEC meetings or adjusting CFD positions during earnings season and success hinges on precision timing (entering just before a scheduled inventory report) and deep market insight (understanding geopolitical tensions in the Middle East).

When selecting a crude oil broker, I focus on a few critical elements: strict regulatory oversight (for instance, CFTC and FCA authorization), a proven track record (such as years of handling seven figure trades without slippage), transparent pricing (with clear commission and spread schedules), and a robust trading platform with advanced tools (like customizable charting and API access). Responsive customer support is another non negotiable for me it can make all the difference when market conditions shift unexpectedly, such as during sudden refinery outages. The right broker doesn't just execute trades; they empower you to make informed, timely decisions in a dynamic global market.

The Global Crude Oil Landscape

Strategic Role in the Global Economy

The crude oil industry is a pillar of the global economy, serving as the primary energy source for transportation (e.g., jet fuel for airlines), manufacturing (like petrochemicals for plastics), and electricity generation (in oil fired power plants). From extraction such as offshore drilling in the Gulf of Mexico to refining at mega complexes like the Jamnagar refinery in India, and distribution via pipelines like Keystone, the industry's vast operations influence nearly every sector worldwide. Crude oil is a finite fossil fuel formed over millions of years from organic matter, and its strategic importance continues to shape economic policies (e.g., fuel subsidies) and international relations (think trade sanctions against oil exporting nations).

Major Industry Players and Market Dynamics

The industry includes multinational oil corporations (like ExxonMobil and Shell), state owned enterprises (such as Saudi Aramco and QatarEnergy), and independent producers (for example, Devon Energy and ConocoPhillips), all competing and collaborating across global markets. Key oil producing regions such as the Middle East (OPEC nations controlling ~40% of world supply), North America (the U.S. and Canada), and Russia play a central role in determining global supply. Crude oil prices are influenced by supply demand dynamics (e.g., unexpected inventory draws), technological advances (like deepwater drilling), and political developments (for instance, sanctions on Iran). The emergence of shale oil extraction through hydraulic fracturing and horizontal drilling has notably reshaped supply chains and increased U.S. production from about 5 million barrels per day in 2008 to over 12 million barrels per day by 2020, reducing reliance on traditional producers.

Environmental Shifts and the Energy Transition

As the world confronts the consequences of climate change, the oil industry faces increasing pressure to adapt. Carbon emission regulations (like the EU Emissions Trading System), ESG mandates (for example, investor driven net zero commitments), and the shift toward renewable energy (solar and wind capacity doubling in the last decade) are reshaping investment flows and strategic decisions. While oil remains vital for energy security and industrial applications, companies are now investing in cleaner technologies (such as carbon capture and storage projects in Norway), carbon offsetting (through reforestation programs), and diversification into alternative energy sources (like TotalEnergies’ solar farms).

Crude Oil Trading for Individual Investors

Retail investors can gain exposure to the oil market through derivatives like futures contracts and CFDs offered by online brokers. For example, one might buy a WTI crude futures contract on the CME or open a CFD position on Brent crude via an online platform. These financial instruments track the price movements of crude oil without requiring physical delivery. Futures contracts are standardized and traded on exchanges, offering fixed lot sizes (e.g., 1,000 barrels), while CFDs offer more flexible sizing and leverage options (up to 20:1) via broker platforms. Both carry significant risk and reward potential, which was clear when oil briefly turned negative in April 2020 underscoring the importance of stop loss orders, position sizing, and proper risk management.

Best Crude Oil Brokers

IC Markets

IC Markets Platform Overview

IC Markets is my go to broker for trading crude oil, thanks to its ultra fast execution and tight spreads. Whether I'm trading Brent or WTI, I rely on their MT4 and cTrader platforms for precise charting, real time pricing, and fast order fulfillment during high volatility events like OPEC meetings or geopolitical crises.

IC Markets brent crude oil trading

RoboForex

RoboForex Platform Overview

RoboForex impresses me with its near zero spreads and high leverage, which are ideal for short term oil trades. The ability to enter and exit trades with minimal cost gives me an edge when scalping price movements triggered by inventory reports or economic releases.

Roboforex spot WTI light crude oil trading chart

eToro

eToro Screenshot

eToro offers a unique social trading experience that’s invaluable for crude oil traders who want to follow and copy successful strategies. I find its CopyTrading feature especially useful during volatile oil sessions, allowing me to stay in sync with top performing peers.

etoro oil cfd trading research.jpg

XTB

XTB Platform Overview

XTB provides an excellent balance between in depth research tools and user education, helping me stay informed on global factors impacting oil prices. Their market analysis and economic insights are top tier, making it easier to plan entries and exits with confidence.

XTB oil commodity trading chart

XM

XM Screenshot

XM offers exceptional support and a wide range of instruments, including crude oil CFDs. I appreciate the reliability of their service when managing trades under pressure. Their asset diversity lets me hedge oil positions with indices or currencies.

XM oil trading energies

XM brent crude oil trading

Pepperstone

Pepperstone Platform Overview

Pepperstone delivers tight spreads and low slippage, which are critical when trading during news driven price swings in the oil market. Their platform variety lets me adapt my crude oil trading strategy to changing market conditions with confidence.

Pepperstone trade oil

AvaTrade

AvaTrade Screenshot

AvaTrade stands out with its AvaSocial platform, which enhances the oil trading experience through community interaction. I often use it to gauge market sentiment or validate my crude oil trades. Its range of payment options also makes capital management easier.

AvaTrade energies oil trading

AvaTrade crude oil price chart

FP Markets

FP Markets Screenshot

FP Markets gives me the technology and precision I need for strategic oil trading. Their enhanced MetaTrader tools support detailed technical analysis, and the broker's low spreads let me pursue both short term and long term positions effectively.

FP Markets commodities oil trading

FP Markets crude oil trading

Instruments for Trading Crude Oil

Crude oil trading offers a variety of instruments that cater to different trader preferences and strategies. Understanding these crude oil instruments is key to selecting the best fit for your goals and risk tolerance:

Each crude oil instrument carries unique risks and benefits. Evaluating factors such as leverage, margin, liquidity, and trading costs will help you choose the right crude oil trading vehicle effectively.

How Crude Oil Futures Trading Works With a Broker

Crude oil trading chart example

Let’s say you are an investor with an initial capital of $10,000, looking to participate in the crude oil futures market for example, trading WTI Crude Oil Futures on the NYMEX. A standard crude oil futures contract typically represents 1,000 barrels of crude oil, although some brokers may offer mini crude oil contracts with lower volume, such as 500 barrels.

At an initial crude oil price of $81.95 per barrel, your $10,000 serves as margin only a portion of the total crude oil contract value is required upfront, depending on your broker’s margin policy. For example, with a 10% margin requirement, you’d need $8,195 to control one full crude oil contract. If the crude oil market moves in your favor and the price rises to $90 per barrel, you could sell the contract and realize a substantial crude oil profit of $8,050 (1,000 barrels × $8.05 increase), increasing your available margin.

However, if the crude oil price drops to $70 per barrel, closing the position would result in a crude oil loss of $11,950 (1,000 barrels × $11.95 drop), potentially wiping out your entire margin. For instance, your broker might issue a crude oil margin call when losses exceed 75% of your initial margin. This highlights both the opportunity and the risk associated with trading crude oil futures through a broker.

How Crude Oil CFD Trading Works With a Broker

CFD (Contract for Difference) trading allows you to speculate on crude oil price movements without taking ownership of the physical crude oil. With an initial investment of $10,000, you can open a crude oil CFD position that mirrors the value of 1,000 barrels of crude oil at a market price of $81.95 per barrel. For example, using 20:1 leverage, you’d only need $4,097.50 of your own capital for crude oil exposure.

If the crude oil market price increases to $90 per barrel, and you close your crude oil CFD position, the gain is realized as profit much like with a futures contract assuming the same leverage and exposure. This would equate to a crude oil profit of $8,050 (1,000 × $8.05), magnified by your leverage. On the other hand, if the crude oil price drops to $70 per barrel, the loss you incur would closely resemble that of a crude oil futures trade under identical conditions.

This method of crude oil trading is especially popular for its accessibility, flexibility, and lower capital requirements, though it still carries the full weight of crude oil market risk and leverage exposure. Many retail crude oil traders use CFDs on platforms like IG or Plus500 for oil exposure.

Key Considerations When Trading Crude Oil

Understanding Leverage and Risk in Crude Oil Trading

Leverage is a double edged sword in crude oil trading. It allows you to control large crude oil positions with relatively small capital, but it also amplifies both profits and losses. For example, a 1% move in crude oil price on a 20:1 leveraged position can result in a 20% gain or loss on your account. Whether you're trading crude oil futures or CFDs, a minor crude oil price movement can significantly impact your account. Understanding how crude oil leverage works, including margin requirements and liquidation thresholds, is critical to managing risk effectively.

Mini Contracts and Crude Oil Market Accessibility

Some brokers offer mini crude oil futures contracts, typically representing around 500 barrels instead of the standard 1,000. For instance, a mini WTI crude oil contract might require only $4,000 in margin versus $8,000 for a full contract. These smaller crude oil contracts provide a more accessible entry point for retail traders or those who prefer to limit exposure. They retain the characteristics of standard crude oil contracts but with reduced capital requirements and potentially lower risk.

Crude Oil Market Volatility and Timing

Crude oil prices are extremely sensitive to global economic data, geopolitical events, and crude oil OPEC decisions. This makes the crude oil market highly volatile, where prices can swing dramatically within hours. For example, a surprise U.S. inventory build reported by the EIA can trigger a 3% crude oil price drop in minutes. Traders must stay informed and be ready to respond quickly using real time crude oil data and technical analysis tools to anticipate short term crude oil trends and news driven spikes.

Costs and Broker Conditions for Crude Oil Trading

Trading crude oil comes with various costs, including spreads, commissions, overnight swap rates (for CFDs), and crude oil exchange fees (for futures). For example, a typical Brent crude oil CFD spread might be $0.05 per barrel, while a futures commission could be $2 per contract side. These costs can eat into crude oil profits, especially during frequent trades. Comparing broker fee structures is essential to ensure your crude oil strategy aligns with cost effective execution.

Regulatory Oversight and Broker Reliability in Crude Oil Markets

Choosing a broker regulated by a reputable authority ensures your funds are protected and that the broker operates within strict financial and ethical guidelines. For instance, an FCA regulated broker in the UK must segregate client funds and publish audited financials. This is especially important in leveraged crude oil markets, where brokers must handle client funds responsibly and offer transparent crude oil trading conditions.

Biggest Oil Companies worldwide

What Moves Crude Oil Prices

Crude oil prices are driven by a dynamic set of global forces. Traders and investors who understand these crude oil price influences are better equipped to anticipate trends and manage risk effectively. Below are the primary factors shaping crude oil price movements:

Global Crude Oil Supply and Demand

The most fundamental driver of crude oil prices is the balance between global crude oil supply and demand. For example, rapid industrial growth in China can boost crude oil demand by 1 million barrels per day, pushing prices higher. Rising economic activity increases crude oil consumption, driving prices higher, while economic slowdowns reduce crude oil demand, putting downward pressure on prices. On the supply side, production cuts or surpluses from major crude oil producers can cause immediate price swings.

Geopolitical Tensions Affecting Crude Oil

Instability in key crude oil–producing regions such as the Middle East, Venezuela, or Russia can disrupt crude oil supply chains or fuel concerns about future shortages. The 2019 Saudi Aramco attack, for example, temporarily cut Saudi crude oil output by 5 million barrels per day and sent prices up 15% in one session. Political conflict, sanctions, and war can lead to crude oil price spikes, even if actual supply is not yet affected.

OPEC and OPEC+ Influence on Crude Oil

The Organization of the Petroleum Exporting Countries (OPEC), along with its allies, wields strong influence over crude oil prices. In April 2020, OPEC+ agreed to cut crude oil production by 9.7 million barrels per day, helping to stabilize a price crash. Through coordinated crude oil production targets, OPEC can tighten or ease global crude oil supply, often resulting in sharp market reactions to their announcements and decisions.

Macroeconomic Indicators and Crude Oil Demand

Economic data such as GDP growth, industrial output, and employment figures help shape expectations for future crude oil demand. A strong U.S. jobs report often correlates with higher crude oil demand forecasts and price upticks. Strong economic numbers tend to support higher crude oil prices, while weakness can dampen crude oil demand expectations and cause declines.

U.S. Dollar Strength and Crude Oil Prices

Since crude oil is globally priced in U.S. dollars, fluctuations in the currency's value have direct effects. When the dollar index rises 2%, crude oil prices can fall by about 1.5% on average. A stronger dollar makes crude oil more expensive for foreign buyers, potentially reducing crude oil demand, while a weaker dollar can support higher crude oil prices.

Market Speculation and Crude Oil Sentiment

Beyond fundamentals, trader behavior also impacts crude oil prices. Large speculative bets by hedge funds can move crude oil prices by several dollars in a single day. Speculative activity in crude oil futures markets driven by expectations of geopolitical changes, inventory reports, or broader market trends can cause significant crude oil price volatility.

Environmental Policy and the Crude Oil Transition

The growing push toward carbon neutrality and renewable energy adoption influences long term expectations for crude oil demand. Announcements of new EV subsidies in Europe can reduce projected crude oil demand by 200,000 barrels per day over five years. Government policies promoting clean energy or imposing stricter emission controls can affect investor sentiment and capital flows within the crude oil sector.

Understanding OPEC and the OPEC+ Alliance’s Impact on Crude Oil

OPEC (Organization of the Petroleum Exporting Countries) and its broader coalition known as OPEC+ play pivotal roles in shaping the global crude oil market. Their coordinated decisions on crude oil production levels heavily influence supply balances and crude oil prices worldwide. Below is a detailed look at both entities and what sets them apart.

What is OPEC in Crude Oil?

Founded in 1960 in Baghdad, OPEC began as a coalition of five major crude oil exporting countries: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. Since then, it has grown to include 13 member countries spanning the Middle East, Africa, and South America. OPEC’s core mission is to coordinate and unify crude oil policies among its members to secure fair and stable prices for producers and ensure a steady crude oil supply to consumers. More OPEC info is found on the official OPEC website.

What is OPEC+ in Crude Oil?

OPEC+ refers to the expanded coalition of the 13 OPEC members plus an additional group of significant crude oil producing countries outside OPEC, which collaborate to better manage global crude oil supply and stabilize crude oil markets. This alliance was formed in response to the increasing complexity of the crude oil market and the need for broader cooperation. As of the latest data, OPEC+ consists of 23 countries. For example, Russia and Kazakhstan joined in 2017, boosting OPEC+ crude oil production control from 40% to over 50% of global output.

The non OPEC countries in OPEC+ include Azerbaijan, Bahrain, Brunei, Brazil, Kazakhstan, Malaysia, Mexico, Oman, Russia, South Sudan, and Sudan. These nations, together with OPEC members, coordinate crude oil production policies to influence global crude oil prices.

Main Differences Between OPEC and OPEC+ in Crude Oil

The primary difference lies in their membership and scope. OPEC is a formal organization of 13 crude oil exporting member countries focused on policy coordination among its own members. In contrast, OPEC+ is a broader crude oil alliance that includes the original OPEC members plus 10 additional non OPEC crude oil producers, enhancing their collective influence over the global crude oil supply. While OPEC operates under a formal treaty and charter, OPEC+ is a more flexible crude oil coalition formed through mutual agreement. For instance, OPEC+ agreed emergency crude oil cuts in 2020 that went beyond OPEC’s charter limits.

Together, these crude oil groups play a crucial role in balancing crude oil markets, managing production cuts or increases, and responding to geopolitical or economic changes that affect global crude oil supply and demand.

OPEC website

How to Choose the Right Crude Oil Broker

Choosing a crude oil broker is a crucial step that can significantly affect your crude oil trading success. It requires careful evaluation of several factors to ensure the broker aligns with your crude oil trading goals, risk tolerance, and needs in the dynamic crude oil market.

Crude Oil Regulatory Compliance

First and foremost, ensure the crude oil broker is regulated by a reputable financial authority. For example, look for FCA (UK), CFTC/NFA (US), or ASIC (Australia) regulation. Regulation provides oversight, ensuring the crude oil broker adheres to strict standards for fairness, transparency, and security, which helps protect your funds and personal information.

Broker’s Crude Oil Reputation and Experience

Investigate the crude oil broker’s history and reputation within the industry. Experience in crude oil trading is especially important due to the market’s volatility and unique factors. For instance, a broker with 20 years’ experience handling crude oil markets may offer better execution during volatile sessions. A crude oil broker with a solid track record and positive reviews can offer more reliable service and trading conditions.

Crude Oil Trading Platform and Technology

A robust and user friendly crude oil trading platform is essential. Look for platforms that provide real time crude oil market data, advanced charting and analysis tools, and fast execution speeds. For example, platforms like MetaTrader 5 or proprietary solutions with integrated crude oil news feeds can be advantageous. Mobile trading capability is also important for managing crude oil positions on the go, especially in a fast moving crude oil market.

Crude Oil Market Access and Instruments

Confirm that the crude oil broker offers access to major crude oil markets and provides a variety of crude oil instruments, including crude oil futures, options, and CFDs. For example, ensure they offer both WTI and Brent crude oil markets and mini contract versions. This flexibility allows you to tailor your crude oil trading strategies to different market conditions and risk levels.

Fees, Commissions, and Costs in Crude Oil Trading

Understand all costs involved in crude oil trading, such as crude oil spreads, commissions, and any additional fees like account maintenance or inactivity charges. An example might be a $5 round turn commission on crude oil futures and a 3 pip spread on crude oil CFDs. Brokers with competitive crude oil pricing can enhance your profitability over time, especially if you trade crude oil frequently.

Crude Oil Customer Service and Support

Effective crude oil customer support is vital when trading volatile assets like crude oil. Ensure the broker offers responsive and accessible crude oil support through multiple channels (phone, chat, email), and provides crude oil educational resources to help improve your crude oil trading skills. For instance, 24/5 live chat and a dedicated crude oil relationship manager can make a big difference.

Crude Oil Risk Management Tools

The crude oil broker should provide comprehensive crude oil risk management features, including crude oil stop loss and crude oil limit orders, to help you manage exposure and protect your crude oil capital from sudden market swings. Some crude oil platforms even offer guaranteed stop loss orders for an extra fee.

Crude Oil Research and Market Analysis

Access to high quality crude oil research, news, and analysis focused on the crude oil sector can provide valuable crude oil insights, helping you make informed trading decisions in a complex crude oil market environment. Look for brokers that partner with Reuters, Bloomberg, or independent crude oil analysts.

Crude Oil Account Types and Requirements

Review the types of crude oil accounts offered to ensure they suit your investment size and crude oil risk appetite. Pay attention to minimum deposit requirements and available crude oil leverage options, as these factors impact your crude oil capital management and trading flexibility. For example, some crude oil brokers offer “standard” accounts requiring $5,000, while others have “mini” accounts starting at $100.

Crude Oil Security Measures

Lastly, confirm that the crude oil broker employs stringent crude oil security protocols to safeguard your crude oil funds and personal data, such as encryption technologies and segregated crude oil client accounts. Two factor authentication (2FA) and SSL encryption should be standard crude oil features.

By carefully evaluating these crude oil broker factors, you can select a crude oil broker that best fits your crude oil trading style and goals, helping you navigate the volatile crude oil markets with confidence and security.

Crude Oil Brokers Verdict

Crude oil trading offers a dynamic and potentially rewarding opportunity, but it comes with significant risks due to its inherent volatility and the influence of numerous global factors. Understanding how prices move, the role of key players like OPEC and OPEC+, and the different instruments available for trading is essential for navigating this complex market successfully.

Drawing on years of trading experience, I can attest that a skilled crude oil broker is indispensable when navigating the market’s sharp price swings and strategic complexity. I recall how, during a 10% Brent crude spike in 2020, my broker secured a WTI futures contract at an advantageous strike, saving me from steep losses. Whether you’re using futures, options, CFDs or even oil ETFs, success in crude oil hinges on precision timing entering ahead of inventory reports or OPEC meetings and deep market insight into geopolitical tensions and supply dynamics.

When choosing a broker, I look first at regulation (CFTC, FCA), a proven track record in handling large crude oil trades, and transparent pricing with tight spreads and clear commissions. A powerful trading platform with customizable charting, API access, and responsive support is non negotiable especially when refinery outages or sudden policy announcements send prices swinging. The right broker doesn’t just execute orders; they equip you with the research and tools needed to act confidently in volatile crude oil markets.

On a broader scale, crude oil remains a pillar of the global economy from jet fuel and plastics to power generation and its price is shaped by supply and demand, geopolitics, OPEC+ production decisions, and the U.S. dollar’s strength. As the industry faces an energy transition, leading companies are diversifying into renewables and carbon capture. For individual investors, derivatives like futures and CFDs offer direct oil exposure, but carry high risk demonstrated when oil briefly turned negative in April 2020 underscoring the importance of strict risk management and stop loss discipline.

We have conducted extensive research and analysis on over multiple data points on Best Crude Oil Brokers to present you with a comprehensive guide that can help you find the most suitable Best Crude Oil Brokers. Below we shortlist what we think are the best crude oil brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Best Crude Oil Brokers.

Reputable Crude Oil Brokers Checklist

Selecting a reliable and reputable online Crude Oil trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Crude Oil more confidently.

Selecting the right online Crude Oil trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of Crude Oil Brokers in Our Brokerage Comparison Table

When choosing a broker for crude oil trading, it's essential to compare the different options available to you. Our crude oil brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a crude oil broker that best suits your needs and preferences for crude oil. Our crude oil broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Crude Oil Brokers of 2025 compared

Here are the top Crude Oil Brokers.

Compare crude oil brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a crude oil broker, it's crucial to compare several factors to choose the right one for your crude oil needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are crude oil brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more crude oil brokers that accept crude oil clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
Rating
Regulation Seychelles Financial Services Authority (FSA) (SD018) RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)
Min Deposit 200 10 50 No minimum deposit 5 No minimum deposit 100 100 25 No minimum deposit 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 200,000+ 730,000+ 35,000,000+ 1,000,000+ 10,000,000+ 400,000+ 400,000+ 200,000+ 250,000+ 60,000+ 7,800,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
Platforms MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)
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etoro
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Risk Warning Losses can exceed deposits Losses can exceed deposits 61% of retail investor accounts lose money when trading CFDs with this provider. 69% - 80% 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 come with a high risk of losing money rapidly due to leverage. 74.12% 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. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk 65% of retail CFD accounts lose money 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Demo IC Markets
Demo
Roboforex
Demo
eToro
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
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FP Markets
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easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR


All Crude oil brokers in more detail

You can compare Crude Oil Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Crude Oil Brokers for 2025 article further below. You can see it now by clicking here

We have listed top Crude oil brokers below.

Crude Oil Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Seychelles Financial Services Authority (FSA) (SD018)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 730000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
eToro
(4/5)
Min deposit : 50
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% 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.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 35000000+ traders. 61% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 69% - 80% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd
Pepperstone
(4/5)
Min deposit : 0
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 400000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130)
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. 65% of retail CFD accounts lose money SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 7800000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)

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Losses can exceed deposits
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Losses can exceed deposits