Trade Oil Online

Enter one of the most popular commodity markets in the world with oil trading.
Trade oil online with CFDs, using flexible leverage and competitive spreads.

Open a Live Account
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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.


Trade oil CFDs at the right level for you, with 30:1 leverage


Open oil trades with required margin as little as 10%


Deposit and withdraw freely with $0 commission

No brokerage fees
on standard accounts

Trade the most popular commodities including gold, silver, oil and coffee


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.

Start Trading Oil Online Today

  1. Open a free live trading account

  2. Add funds by depositing into your account

  3. Monitor the market and choose the oil CFD you want to trade

Find out more about how to trade oil with CMG or discover the right trading account type for you.

Open a Live Account
Try Free Demo

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.