Trading Heating Oil for 2025

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

heating oil broker Guide

Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - April 16, 2025

Trading Heating Oil

If you are thinking of trading heating oil as your next commodity for portfolio diversification, it's essential to understand the unique aspects of this market. Heating oil is not just a seasonal fuel; it plays a critical role in the energy landscape, especially in regions that rely on it for residential and commercial heating. This guide will provide you with insights into what heating oil trading can offer, including its market dynamics, price influences, and strategies for effective trading.

Heating Oil Futures Example Trade

Heating oil futures trading chart

When trading heating oil futures, you are speculating on the future price movements of heating oil. In this case, if you enter a trade at $2.1830 per gallon with an initial investment of $10,000, you will be exposed to the fluctuations in the price of heating oil. Each contract typically represents 42,000 gallons of heating oil, so small price movements can have a significant impact on your investment.

Risks and Volatility in Heating Oil Trading

Heating oil is a commodity that experiences high volatility due to factors like seasonal demand, geopolitical tensions, and energy market fluctuations. These factors contribute to unpredictable price swings, making trading heating oil futures inherently risky. Leverage amplifies both gains and losses, so even small changes in price can lead to significant outcomes. A sudden drop in the price of heating oil could result in large losses if the heating oil price moves against your position.

If the Trade Goes in Your Favor

Assuming the price of heating oil rises from $2.1830 to a higher level, your futures position will generate a profit. For example, if the price moves up by $0.05 per gallon, this would translate into a $2,100 gain (0.05 x 42,000 gallons). With leverage, this could result in a substantial return on your initial investment of $10,000. However, it is important to manage risk appropriately, as market conditions can change rapidly.

If the Trade Goes Against You

If the price of heating oil drops, your position could incur losses. For instance, a decrease from $2.1830 to $2.1330 represents a $0.05 per gallon loss, which equates to a $2,100 loss (0.05 x 42,000 gallons). If the heating oil price continues to move against your position, your financial losses might be more than your trade margin, leading to a margin call on your heating oil trade which is where the broker can force a sale of your open heating oil position.

Understanding the volatility and risks associated with heating oil futures is crucial for managing your trading strategy. It is advisable to employ risk management techniques such as stop-loss orders and only trade with capital you can afford to lose.

Heating Oil Trading Overview

Heating oil is a liquid petroleum product refined from crude oil, primarily used for heating purposes in homes and businesses. It is a critical energy source for many regions, especially where natural gas is not readily available. Understanding its properties and uses can help traders grasp the broader implications of market movements.

Heating oil is applicable in several sectors, including residential heating, commercial buildings, and industrial applications. Its importance cannot be overstated, as many households and businesses depend on it for comfort and operational efficiency.

Heating oil has been significant to many people who do not have natural gas for their heating systems, providing a reliable alternative during cold months.

In the world of trading, heating oil is known as HHO, and it is one of the most popular traded commodities globally. This popularity means that finding brokers who facilitate heating oil transactions is relatively straightforward, allowing you to engage with the market efficiently.

Largest Producers of Heating Oil

The production of heating oil is closely linked to the output of crude oil, as heating oil is a refined product derived from it. Several countries are recognized as the largest producers of heating oil, primarily due to their substantial oil refining capacities and crude oil production. Here are the key players in the heating oil market:

United States: The U.S. stands out as one of the world's largest oil producers, equipped with an extensive refining infrastructure that generates a significant volume of heating oil. The country's production levels are influenced by both domestic consumption and export demand.

Saudi Arabia: Renowned for its vast oil reserves, Saudi Arabia is a leading crude oil producer. A substantial portion of its output is refined into heating oil and other petroleum products, making it a crucial player in the global energy market.

Russia: With one of the highest oil production rates in the world, Russia plays a vital role in supplying heating oil. The country's extensive refining capabilities ensure a steady output of this important energy source.

China: As a major consumer of oil, China also produces heating oil through its large-scale refining operations. The country's demand for heating oil is driven by its growing industrial and residential heating needs.

India: India has been expanding its oil production and refining capacity, positioning itself as an increasingly important producer of heating oil. The country's demand for heating oil is projected to rise alongside its economic growth.

Canada: Known for its oil sands and conventional oil resources, Canada produces a notable amount of crude oil that is refined into heating oil. The country's strong refining sector supports both domestic and international markets.

Brazil: Brazil is emerging as a significant player in the heating oil market, thanks to its growing oil sector and refining capabilities. The country's efforts to increase production contribute to its position as a producer of heating oil.

Heating oil producers in the world

Heating Oil Price Factors

Before proceeding to trade heating oil on your favorite trading platform, it's crucial to understand the driving factors behind heating oil prices. Prices can fluctuate due to a variety of influences, ranging from supply chain disruptions to geopolitical events. Being aware of these factors can help traders make informed decisions and anticipate market movements.

Changes in heating oil prices can arise from different sources, including production issues, economic trends, and external market pressures. Understanding these elements will provide you with a clearer picture of the heating oil market and its potential for volatility.

Without further ado, let's explore the key factors that drive the price of heating oil.

Heating Oil Demand

It is important to understand that heating oil prices can be significantly affected by seasonal demand. During colder months, the demand for heating oil rises sharply as households and businesses rely on it for heating. Conversely, in warmer months, demand typically decreases, leading to lower prices.

Moreover, regional variations play a critical role; areas with long winter seasons or higher concentrations of homes using heating oil will see a spike in demand during winter months.

Unexpected events, such as winter storms or extreme weather, can further exacerbate demand spikes, leading to logistical challenges and price increases.

Additionally, changes in building regulations or shifts toward alternative heating sources can impact overall demand trends.

Crude Oil Price Tag

As mentioned, heating oil is manufactured from raw crude oil, making heating oil price based on volatility in crude oil prices. When crude oil prices rise or fall, heating oil prices typically follow suit, reflecting changes in production costs.

Several factors contribute to changes in crude oil prices, including:

Heating Oil Logistics

Logistics plays a crucial role in heating oil pricing, as regional transportation costs can be substantial. The expenses involved in delivering heating oil from production facilities to consumers can vary greatly, particularly when transporting to rural or remote areas.

When logistics face challenges such as traffic delays, road conditions, or fuel price increases these factors can drive up costs and, consequently, prices for consumers.

Additionally, infrastructure quality in certain regions can also impact delivery efficiency and costs, affecting the overall pricing strategy for heating oil suppliers.

Market Competition On Heating Oil Prices

Heating oil can be relatively expensive for some consumers, especially when compared to alternative energy sources. Local suppliers and businesses that provide heating oil may charge higher prices due to regional competition and logistical challenges.

In rural areas, where access to heating oil may be limited, prices often tend to be higher due to fewer suppliers and increased transportation costs.

Furthermore, during periods of high heating oil costs, consumers often seek alternatives, such as natural gas or electric heating, which can further impact demand and prices.

When demand diminishes, heating oil prices typically follow suit, creating a feedback loop that traders must navigate.

As a result, understanding the competitive landscape and consumer preferences is essential for making informed trading decisions.

Impact of Currency Fluctuations on Heating Oil Trading

Currency fluctuations play a significant role in the trading of heating oil, as commodities are typically priced in U.S. dollars. This relationship means that changes in currency values can have direct and indirect effects on heating oil prices and trading strategies.

When the value of the U.S. dollar strengthens against other currencies, heating oil becomes more expensive for foreign buyers. This can lead to a decrease in demand from international markets, potentially causing prices to drop. Conversely, if the U.S. dollar weakens, heating oil becomes cheaper for foreign purchasers, which can boost demand and drive prices higher.

Additionally, traders must consider the impact of currency exchange rates on their overall trading profits. For those trading heating oil in currencies other than the U.S. dollar, fluctuations in exchange rates can affect the final returns on their investments. For example, if a trader buys heating oil priced in U.S. dollars but operates in a currency that weakens against the dollar, their profits could diminish when converted back to their home currency.

Moreover, traders often use hedging strategies to mitigate risks associated with currency fluctuations. This can include using options or futures contracts to protect against adverse movements in currency values. Understanding the interplay between currency movements and heating oil prices is essential for developing effective trading strategies and managing risk in a volatile market.

Regulatory Considerations in Heating Oil Trading

Trading heating oil is governed by various regulations that ensure market integrity and protect participants. Understanding these regulatory frameworks is essential for traders to operate within legal boundaries and avoid potential issues.

The Commodity Futures Trading Commission (CFTC) serves as the primary regulatory body overseeing the trading of heating oil futures and options in the United States. Its mandate includes promoting market integrity, protecting market participants, and preventing fraud. Traders dealing with heating oil must adhere to CFTC rules regarding reporting, trading practices, and market manipulation.

Additionally, trading exchanges such as the New York Mercantile Exchange (NYMEX) impose their own regulations and compliance requirements specific to heating oil trading. Familiarity with the specific rules of the exchange is crucial, including margin requirements, position limits, and reporting obligations that may affect trading strategies. For more details, visit the NYMEX/CME Group website.

Reasons To Trade Heating Oil

There are several compelling reasons to consider trading heating oil as part of your investment strategy. Understanding these motivations can help you recognize the potential benefits and risks associated with this commodity.

First things first, you could consider the heating bill hedge. As a prevalent product for those relying on heating systems during colder months, trading heating oil allows you to hedge against rising energy costs. Investing in heating oil before the winter season can provide a safeguard against price increases, helping you manage your heating expenses more effectively.

Alternatively, you might want to bet on growth. As global economies recover and expand, the demand for heating oil often rises, particularly in developing regions. Investing in heating oil can be a way to capitalize on economic growth, especially when oil is a critical resource in energy production.

Additionally, you can diversify your portfolio. By adding heating oil to your investment mix, you can reduce overall portfolio risk. Commodities like heating oil can behave differently than stocks or bonds, providing a balance that may protect your investments during market fluctuations.

Moreover, trading heating oil offers the opportunity to capitalize on price volatility. The heating oil market can experience significant price swings due to seasonal demand, geopolitical events, and changes in crude oil prices. Savvy traders can profit from these fluctuations by employing various trading strategies, such as futures contracts or options trading.

Finally, engaging in heating oil trading can enhance your market knowledge. As you delve into the intricacies of this commodity, you'll gain insights into the broader energy market, improving your trading skills and decision-making abilities. Understanding the factors that influence heating oil prices can provide valuable lessons applicable to other markets as well.

How to trade heating oil

How to Trade Heating Oil

Trading heating oil involves several methods and instruments, allowing traders to choose the approach that best suits their investment goals and risk tolerance. Here are some of the primary options for trading heating oil, along with detailed insights into each method.

Heating Oil Futures

One of the most common ways to trade heating oil is through futures contracts. These are legally binding agreements to buy or sell a specified amount of heating oil at a predetermined price on a specific date in the future. Futures contracts are traded on exchanges such as the New York Mercantile Exchange (NYMEX).

Trading heating oil futures allows you to speculate on price movements and manage risk. However, it's essential to understand the margin requirements and the potential for significant losses, as the futures market can be highly volatile.

Heating Oil Options

Options contracts are another way to trade heating oil. Heating oil options contracts allow traders, to buy and sell heating oil futures at specific prices before a specified expiration date. Options can provide more flexibility than futures, allowing you to limit your risk while still participating in potential price movements.

There are two types of options: call options, which give you the right to buy, and put options, which give you the right to sell. Traders often use options strategies to hedge against adverse price movements or to speculate on future price directions.

Heating Oil Exchange-Traded Funds (ETFs)

If you prefer trading heating oil as shares, Exchange-Traded Funds (ETFs) can be a great option. ETFs are investment funds that trade on stock exchanges, and they typically track the performance of a specific commodity or index. For heating oil, one notable ETF is the United States Diesel-Heating Oil Fund LP, which aims to track the price of heating oil.

ETFs offer several advantages, including liquidity, diversification, and the ability to trade throughout the day. They also provide exposure to heating oil without the complexities of futures or options trading.

Heating Oil Stocks

Another way to gain exposure to heating oil is by investing in the stocks of companies involved in the production, refining, and distribution of heating oil. These heating oil shares can provide a more indirect way to benefit from rising heating oil prices.

When selecting stocks, consider companies with strong fundamentals, a history of profitability, and a solid track record in the energy sector. Keep in mind that while heating oil stocks can offer good returns, they also come with their own set of risks and market dynamics.

Heating Oil Contracts for Difference (CFDs)

Contracts for Difference (CFDs) allow you to trade heating oil without actually owning the underlying asset. With CFDs, you can speculate on price movements, and with a funded deposit at a small percentage of the total heating oil trade value, known as margin.

This trading method can provide high leverage to speculate on heating oil price, allowing for potentially significant profits, but it also comes with increased risk. Understanding the mechanics of heating oil CFDs, including spreads and overnight fees, is essential for managing your risk of losing money when trading heating oil effectively.

Risk Management in Heating Oil Trading

Effective risk management is essential for trading heating oil, as the market can be highly volatile and influenced by various factors. One key strategy is to set stop-loss orders, which automatically sell your position when the price reaches a predetermined level, helping to protect your investment from significant downturns.

Diversifying your portfolio is another important tactic, as spreading investments across different asset classes can reduce overall risk. By not concentrating all your capital in heating oil, you can mitigate potential losses from adverse market movements.

Staying informed about market news, economic indicators, and geopolitical developments that could impact heating oil prices is crucial. Being well-informed enables you to make timely and educated trading decisions. Additionally, utilizing technical analysis and fundamental analysis can enhance your trading strategy. Technical analysis helps identify price patterns and trends, while fundamental analysis focuses on the underlying factors affecting supply and demand.

Understanding heating oil margin requirements is vital, especially when trading futures or CFDs. Using leverage can amplify profits, but it also increases the risk of losses, so it's essential to fully grasp how margin works to avoid margin calls. By incorporating these risk management strategies, traders can navigate the complexities of heating oil trading more effectively and protect their investments from unforeseen market fluctuations.

Trading Heating Oil Verdict

Trading heating oil can be a lucrative opportunity for investors looking to diversify their portfolios and capitalize on market fluctuations. With its significance in the energy sector and the potential for price volatility, heating oil offers various trading methods, including futures, options, ETFs, and stocks. Each of these approaches comes with its own set of advantages and risks, making it essential for traders to choose the method that aligns with their investment goals and risk tolerance.

However, as with any commodity trading, it's crucial to stay informed about market dynamics, including seasonal demand changes, geopolitical events, and crude oil price movements. Implementing robust risk management strategies will further enhance your trading experience, helping you to mitigate losses and maximize profits.

If approached with the right knowledge, strategies, and discipline, trading heating oil can be a valuable addition to your investment portfolio. Whether you're a seasoned trader or a beginner, understanding the market and its intricacies will be key to making informed trading decisions and achieving success in this commodity market.

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

Reputable heating oil broker Checklist

Selecting a reliable and reputable online Trading Heating 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 Trading Heating Oil more confidently.

Selecting the right online Trading Heating 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 Trading Heating Oil in Our Brokerage Comparison Table

When choosing a broker for trading heating oil trading, it's essential to compare the different options available to you. Our trading heating 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 trading heating oil broker that best suits your needs and preferences for trading heating oil. Our trading heating oil broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Trading Heating Oil of 2025 compared

Here are the top Trading Heating Oil.

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

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

You can scroll left and right on the comparison table below to see more trading heating oil that accept trading heating 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)
Support
  • Live chat
  • Phone support
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  • Phone support
  • Email support
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  • Email support
  • Live chat
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  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
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  • Email support
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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% - 83% 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 Losses can exceed deposits 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
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easyMarkets
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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 Trading heating oil in more detail

You can compare Trading Heating Oil 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 Trading Heating Oil for 2025 article further below. You can see it now by clicking here

We have listed top Trading heating oil below.

heating oil broker 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. The value of your investments may go up or down. Your capital is at risk.

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.

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

eToro does not approve or endorse any of the trading accounts customers may choose to copy or follow. Assets held in your name. Capital at risk. See PDS.

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.

Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.may not suffice as basis for investment decision.

Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here

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% - 83% 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. Losses can exceed deposits 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