Why trade oil online with CMG?
When you trade oil with CMG, you’re not buying any physical oil. Instead, you’re simply trading on the real-time price movements of the commodity. Discover the advantages of trading oil online with CMG.
30:1
Leverage
Trade oil CFDs at the right level for you, with 30:1 leverage
Low
Margin
Open oil trades with required margin as little as 10%
Zero
Commission
Deposit and withdraw freely with $0 commission
No brokerage fees
on standard accounts
Trade the most popular commodities including gold, silver, oil and coffee
Trusted
Broker
Thousands of traders globally trust us with their trades
Fast Execution &
Competitive Spreads
Super competitive spreads with ultra fast execution speed
Most Popular Oil Trading Products
Compare our bid/ask prices and spreads across oil CFDs, including Brent, WTI, US Crude and UK Crude.
| Symbol | Market Description | Margin % | Contract Size | Max Trade Size/Lots |
|---|---|---|---|---|
| BRENT | Brent Crude Futures CFD | 2.0% | 1,000 barrels | 10 |
| WTI | WTI Crude Oil Futures CFD | 2.0% | 1,000 barrels | 10 |
| UKOIL | UK Crude Oil | 2.0% | USD 10 Barrels | 400 |
| USOIL | US Crude Oil | 2.0% | USD 10 Barrels | 400 |
For a complete overview of all oil CFDs and their active time zones, view our product schedule.
What is Oil Trading?
Oil trading is the buying and selling of different types of oil related instruments, with the hope of generating a profit.
Often referred to as “black gold”, oil is a vital global commodity, with crude oil featuring as a basic ingredient in many different industries, including electricity, plastics, cosmetics, transportation, pharmaceuticals and petroleum. Because of its importance in global commerce, many industries monitor the price of oil very closely and also actively trade in the oil market. This gives the oil market a high level of volatility.
Find out more about how oil trading works.
What are the different oil CFDs to trade?
Explore the difference between trading oil cash CFDs and futures CFDs with CMG.
Oil cash CFDs: The oil cash price means the trading of oil ‘on the spot’. In other words, the buyer pays for the oil immediately, at the current market price.
Oil futures CFDs: The oil futures price means the buyer and seller agree in a contract to exchange a given amount of oil at an agreed-upon price at a future date. This contract is done on an exchange that acts as a third-party verifier.
Oil Trading Platforms and Tools
Utilise our world-class trading platforms and powerful tools to enhance your trading experience. With a CMG account, traders of all levels have access to top resources to help further improve their skills.
Discover more markets to trade with CMG
Choose from a variety of global markets to trade with CMG, using ultra competitive spreads & flexible leverage to trade your edge.
Cryptos
Oil Trading FAQs
Risk Warning: CMG is a trading name of AxiTrader Limited (CMG), which is incorporated in St Vincent and the Grenadines, number 25417 BC 2019 by the Registrar of International Business Companies, and registered by the Financial Services Authority, and whose address is Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines. AxiTrader Limited is 100% owned by AxiCorp Financial Services Pty Ltd, a company incorporated in Australia (ACN 127 606 348). Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. CMG is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances.
All clients: Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any CMG products or services and obtain independent professional advice as necessary.
Cryptocurrencies like Bitcoin are extremely volatile and can move or jump in price with no apparent reason due to lack of liquidity and ad hoc news. There is little or no fundamental reasoning behind its pricing and as such trading CFDs in Bitcoin pose a significant risk to Retail Clients. While CMG only quotes Bitcoin during the week, it can trade over the weekend, meaning there could be a significant price change between Friday and Monday. It should only therefore be traded by those clients with sufficient experience to understand that they risk losing all their investment, or more, in a short period of time, and only a very small part of their portfolio should be used.
