We found 11 online brokers that are appropriate for Trading Crude Oil CFD Platforms.
Crude oil is one of the most actively traded commodities in the financial markets. Its importance cannot be overstated, as it fuels the global economy and influences various industries worldwide.
With the advancement of technology and the emergence of online trading platforms, retail investors now have the opportunity to participate in crude oil trading through contracts for difference (CFDs), also known as Brent crude oil CFD trading, which speculates on the price of oil up or down using high-risk leverage.
This article provides a comprehensive guide to crude oil CFD trading, covering various aspects such as trading strategies, market dynamics, and risk management techniques to trade crude oil and trade oil.
Crude oil, or petroleum, is a fossil fuel from organic materials buried underground for millions of years. It is a vital energy source used in transportation, electricity generation, and the production of various consumer goods.
The price of crude oil is influenced by factors such as supply and demand dynamics, geopolitical tensions, and economic indicators.
The global crude oil market is highly complex and involves numerous participants, including oil-producing countries, oil companies, and financial institutions. The well-known Organization of the Petroleum Exporting Countries (OPEC) plays a significant role in controlling oil production levels and influencing prices.
Major oil producers such as Saudi Arabia, Russia, and the United States substantially impact the market due to their large reserves and production capacities.
Trading oil through contracts for difference (CFDs) allows crude oil traders to speculate on the upward and downward price movements without owning any physical crude oil. CFDs are financial instruments enabling traders to profit from rising and falling markets.
They are leveraged products, meaning traders can open crude oil CFD positions with a fraction of the total contract value, amplifying potential profits or losses.
Exposure to the price movements of crude oil without physical ownership
Ability to profit from both rising and falling markets
Leveraged trading, allowing for larger position sizes with smaller capital
Access to global oil markets and trading opportunities
Volatility: Crude oil prices can experience significant fluctuations, leading to potential rapid gains or losses.
Leverage Risk: Margin trading amplifies profits and losses, increasing the risk of substantial losses if not managed properly.
Market Risk: Oil prices can be influenced by various factors, including geopolitical events, economic indicators, and supply and demand imbalances.
Counterparty Risk: CFD trading involves dealing with a broker, and there is a risk of default or insolvency on their part.
Crude oil CFD prices are derived from the underlying futures contracts. The main price markets for crude oil are Brent Crude and West Texas Intermediate (WTI). Brent Crude is sourced from oil fields in the North Sea, while WTI represents oil produced in the United States.
Prices are influenced by production levels, inventory data, global demand, and geopolitical events. Traders can monitor oil price movements through charts and technical analysis tools offered by trading platforms.
Trend Following: Traders identify and follow established trends in oil prices using indicators such as moving averages, trend lines, and oscillators.
Breakout Trading: Traders look for price breakouts above resistance or below support levels, indicating potential strong movements.
Candlestick Patterns: Traders analyze candlestick patterns to identify possible trend reversals or continuations.
Supply and Demand Analysis: Traders analyze global oil supply and demand dynamics, including production levels, inventories, and geopolitical events.
Economic Indicators: Traders monitor financial data such as GDP growth, inflation rates, and employment figures, which can impact oil prices.
When selecting a broker for crude oil CFD trading, several factors should be considered:
Regulation and Licensing: Ensure a reputable financial authority regulates the broker.
Trading Platforms: Evaluate the quality and functionality of the trading platform, including charting tools, order execution speed, and accessibility.
Product Range: Check if the broker offers a wide range of crude oil CFDs, including Brent Crude and WTI.
Fees and Spreads: Compare trading costs, including spreads, commissions, and overnight financing charges.
Customer Support: Consider the availability and responsiveness of customer support services.
To start trading crude oil CFDs, investors must open and verify an account with a broker and deposit funds. The account opening process typically involves providing personal information, verifying identity, and agreeing to the broker's terms and conditions.
Once the account is approved, funds can be transferred with bank transfers, credit/debit cards, or electronic wallets.
Effective risk management is crucial in crude oil CFD trading to protect capital and mitigate potential losses. Some risk management techniques include:
Setting Stop-Loss Orders: Traders can place stop-loss orders to automatically close positions at predetermined price levels, limiting potential losses.
Using Take-Profit Orders: Take-profit orders allow traders to lock in profits by automatically closing positions when specified profit targets are reached.
Diversification: Spreading risk across multiple assets or markets can help reduce exposure to any trade or work.
Risk-to-Reward Ratio: Traders should assess the potential reward relative to the threat before entering a trade, aiming for a favourable risk-to-reward ratio.
In crude oil CFD trading, traders can take long and short positions. A long position is taken when a trader expects the price of crude oil to rise, while a temporary position is taken when a trader anticipates a price decline.
Profits are realized from the price difference between the trade's crude oil entry and exit points.
Breakout Entry: Traders enter a trade when the crude oil price breaks above a resistance or below a technical support level, signalling a potential strong movement in crude oil price.
Pullback Entry: Traders enter a trade during a temporary price pullback within an established trend, aiming to capture a favourable entry price.
Stop-Loss Orders: Traders can set stop-loss orders to exit a crude oil trade if the oil price is at a level of the stop loss order, limiting financial loss if the order had not been stopped.
Take-Profit Orders: Take-profit orders close positions when the set price is reached.
Crude oil markets are known for their volatility, driven by various factors such as geopolitical tensions, economic indicators, and supply and demand imbalances.
Traders should be prepared for rapid price movements and employ risk management techniques to navigate such volatile markets successfully.
Starting with a solid foundation is essential for beginners entering the crude oil CFD trading world. Some strategies suitable for beginners include:
Trend Following: Following established trends in oil prices can be relatively straightforward for beginners, as they can use technical indicators to identify crude oil trends.
Demo Trading: Practicing with a demo account allows beginners to gain hands-on experience and understand the mechanics of crude oil CFD trading without risking real money.
To enhance trading performance, various tools and resources are available to crude oil CFD traders, including:
Economic Calendar: Monitoring economic events and indicators can provide insights into potential market-moving events.
Trading Signals: Some brokers and independent service providers offer trading signals based on technical analysis or fundamental factors.
Educational Materials: Crude oil CFD brokers often provide educational resources such as articles, videos, and webinars to help traders improve their knowledge and skills.
Crude oil CFD trading can be an exciting and potentially lucrative venture for traders looking to capitalize on the price movements of this vital commodity. Trading crude oil CFDs, particularly in such volatile markets, involves technical and fundamental analysis and psychological factors that can significantly impact trading performance.
This section will explore the psychological factors traders should know when engaging in crude oil CFD trading.
One critical psychological factor to consider is the impact of crude oil price volatility. Crude oil prices can exhibit significant fluctuations influenced by various factors such as geopolitical tensions, supply and demand imbalances, and economic indicators. These price swings can trigger emotional responses, such as fear or greed, which may cloud judgment and lead to impulsive trading decisions.
Developing and maintaining a disciplined mindset is essential to navigating the psychological challenges of crude oil CFD trading. Traders must remain focused on their trading plan, which should incorporate risk management strategies and predefined entry and exit points. This disciplined approach helps to minimize emotional reactions to short-term price movements and ensures adherence to a well-thought-out plan.
The New York Mercantile Exchange (NYMEX) is a significant player in the crude oil futures market, providing a platform for traders to access oil futures contracts. Traders must know the psychological impact of trading futures contracts, as these instruments often involve higher leverage and shorter timeframes than other financial products.
The high leverage and rapid price movements can induce a heightened sense of excitement or anxiety, potentially leading to impulsive and irrational decision-making.
Furthermore, the influence of market sentiment and news events on crude oil prices adds a layer of psychological consideration for traders. As traders monitor price movements and news updates, it is essential to avoid knee-jerk reactions and instead evaluate the potential impact of such events on the market as a whole.
Maintaining a rational mindset and not being swayed by temporary market fluctuations is crucial for making informed trading decisions.
Exchange-traded funds (ETFs) can provide an alternative way for traders to gain exposure to the crude oil market. However, it is essential to recognize that trading ETFs involves the same psychological considerations as trading individual crude oil CFDs. Maintaining discipline, managing emotions, and sticking to a well-defined trading plan remain paramount.
Another psychological aspect is the distinction between Brent Crude and West Texas Intermediate (WTI) crude oil. Brent Crude, sourced from oil fields in the North Sea, and WTI Crude, representing oil produced in the United States, can exhibit different price behaviours due to various supply and demand dynamics.
Traders should be mindful of biases or preferences toward either benchmark and avoid letting these biases influence their decision-making process. Objectivity and rationality are crucial when analyzing the price movements of different crude oil varieties.
Additionally, traders should be aware of the influence of oil companies and major industry players on the crude oil market. These companies, geopolitical events, and global economic factors can significantly impact oil prices.
Recognizing the psychological impact of such influential forces is crucial in maintaining a balanced perspective and avoiding emotional biases that may compromise trading decisions.
The unique characteristics of the North Sea, where Brent Crude is sourced, add psychological consideration. Traders should monitor crude oil price factors specific to the region, such as weather conditions, transportation challenges, and political developments, on the supply and pricing of crude oil.
These considerations should be factored into the broader trading strategy and risk management approach.
Psychological considerations are vital in crude oil CFD trading. Traders must develop the discipline and emotional resilience necessary to navigate the volatile nature of the market.
Seasonal trends and patterns are essential for crude oil CFD trading traders. By analyzing historical data, traders can identify recurring price patterns and trends during specific times of the year.
Understanding these seasonal dynamics can provide valuable insights for making informed trading decisions. In this section, we will explore seasonal trends in crude oil CFD trading and how traders can utilize this information to their advantage.
Crude oil CFDs derive their value from the underlying asset, which is the price of crude oil. Various factors, including supply and demand dynamics, geopolitical events, and economic indicators, can influence the seasonal patterns observed in crude oil prices. By studying these patterns, traders can better understand how prices behave during different times of the year.
One commonly observed seasonal trend in crude oil CFD trading is the increase in demand for oil during the summer months. Crude oil CFD trade is primarily driven by increased travel, higher energy consumption for cooling, and the peak driving season.
As a result, crude oil prices often experience upward pressure during this time, presenting potential trading opportunities for those who anticipate and position themselves accordingly.
Conversely, the winter months can exhibit a different seasonal pattern in crude oil prices. During this time, there is typically increased demand for heating oil and other petroleum products used for heating purposes. Weather conditions and geopolitical tensions in oil-producing regions can also impact prices.
Traders aware of these seasonal patterns can adjust their trading strategies accordingly to capitalize on potential price movements.
By combining seasonal analysis with other forms of market analysis, traders can develop a more comprehensive understanding of the market dynamics. Traders should know the risks of trading and the possibility of rapidly losing money. Other fundamental and technical factors should also be considered to validate the seasonal patterns observed. By combining seasonal analysis with other forms of financial instruments.
One way to mitigate these risks is by utilizing risk management tools such as stop-loss orders and position-sizing techniques. These tools help traders limit their potential losses and protect their capital.
Before actively trading crude oil CFDs, traders should practice using a free demo account offered by many brokers. A demo crude oil CFD account allows traders to familiarize themselves with the trading platform, test different strategies, and gain hands-on experience without risking real money. Demo crude oil CFD trading helps traders build confidence and develop skills before transitioning to life to trade.
In summary, seasonal trends and patterns can provide valuable insights for traders engaging in crude oil CFD trading. By understanding the historical price movements during specific times of the year, traders can position themselves to take advantage of potential trading opportunities.
However, combining seasonal analysis with other market and risk management techniques is essential to make well-informed trading decisions.
Utilizing tools such as stop-loss orders and practising on a demo account can contribute to a trader's overall success and confidence in navigating the dynamic world of crude oil CFD trading.
Crude oil CFD trading allows retail investors to trade crude oil, one of the world's most important commodity markets. However, trading oil CFDs carries risks, including volatility and leverage.
Traders should thoroughly understand the market dynamics, develop a robust trading strategy, and employ risk management techniques to navigate the market successfully. By staying informed and practising disciplined trading, traders can benefit from the price movements of crude oil and capitalize on trading opportunities.
We have conducted extensive research and analysis on over multiple data points on Crude Oil CFD Trading to present you with a comprehensive guide that can help you find the most suitable Crude Oil CFD Trading. Below we shortlist what we think are the best Crude Oil CFD Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Crude Oil CFD Trading.
Selecting a reliable and reputable online Crude Oil CFD Trading Platforms 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 CFD Trading Platforms more confidently.
Selecting the right online Crude Oil CFD Trading Platforms 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.
When choosing a broker for Crude Oil CFD Trading Platforms trading, it's essential to compare the different options available to you. Our Crude Oil CFD Trading Platforms 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 CFD Trading Platforms broker that best suits your needs and preferences for Crude Oil CFD Trading Platforms. Our Crude Oil CFD Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Crude Oil CFD Trading Platforms.
Compare Crude Oil CFD Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Crude Oil CFD Trading Platforms broker, it's crucial to compare several factors to choose the right one for your Crude Oil CFD Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Crude Oil CFD Trading Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Crude Oil CFD Trading Platforms that accept Crude Oil CFD Trading Platforms clients.
Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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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 |
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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+ |
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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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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 Demo |
FP Markets Demo |
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 |
You can compare Crude Oil CFD Trading Platforms 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 CFD Trading Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Crude Oil CFD Trading Platforms below.
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.