An oil broker is an intermediary that arranges the purchasing and selling of a crude oil commodity. Typically an oil broker is a licensed security trader that either works directly at a market exchange or remotely via the Internet and telephone. These brokers can include a broker working for an energy company negotiating a higher sale price to an oil refinery or a broker working for a manufacturer who is negotiating a lower purchasing price as they purchase the refined oil for a company.
The world of online oil trading is a bit different. Most companies will offer a CFD or contract for difference, allowing traders to speculate directly on the price of oil without worrying about the complexities of negotiating futures contracts. This allows traders maximum flexibility, offering trades in the space of miliseconds. Traders generally buy and sell light sweet crude, but brent oil is also a possibility on some platforms. Oil is a very popular instrument to trade on CFD platforms - not only is it constantly in the news, but it has an ability to surprise and influence every day life in a way few other commodities or instruments can.
Broker | Our Rating | Description | Minimum Deposit | Regulation | Visit | |
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| $100 | Central Bank of | Visit Broker AVATrade ReviewT1 ROTW | Risk Warning: Your capital may be at risk | |
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| $1 | IFSC | Visit Broker FBS Markets. ReviewROTW | Risk Warning: Your capital may be at risk | |
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| $10 | CySec | Visit Broker IQOption Review | Risk Warning: Your capital may be at risk | |
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| $5 | CySEC, IFSC, ASIC | Visit Broker XM Group ReviewROTW | Risk Warning: Your capital may be at risk | |
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| $5 | FSC | Visit Broker HF Markets Ltd. (HotForex) ReviewROTW | Risk Warning: Your capital may be at risk | |
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| €100 | FCA, CySec, ASIC : | Visit Broker Plus500 ReviewT1 ROTW | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
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| $100 | ASIC, CySEC | Visit Broker Easy Markets ReviewT1 ROTW | Risk Warning: Your capital may be at risk | |
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| $100 | CySec | Visit Broker Markets.com ReviewT1 ROTW | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
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| $100 | CySec | Visit Broker FXPrimus ReviewROTW | Risk Warning: Your capital may be at risk | |
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| $1 | RAFMM, The Federal | Visit Broker InstaForex ReviewROTW | Risk Warning: Your capital may be at risk | |
![]() | 10 | Visit Broker OLYMP TRADE Review | Risk Warning: Your capital may be at risk |
Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss. The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement.
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