Best Oil Trading Forex Brokers and Platforms (Top 10) In 2021

Best Oil Trading Forex Brokers and Platforms (Top 10) In 2021

Oil is one of the many assets that forex brokers who offer online trading services allow to trade as CFDs. as you know crude oil is a natural petroleum product used in the production and manufacturing of energy. oil trading is one of the favorite diversification trades of forex traders. we have selected the best brokers for crude oil trading, this list was selected with the aim of providing you with the best, safest and most trusted trading environment.

Table of Contents

Best Oil Trading Forex Brokers and Platforms 2021: 

XM

XM is a global online broker that offers trading services in over 196 countries worldwide with over 3.5 million clients.

xm offers several excellent trading platforms for CFDs, stocks, Forex, crypto-currencies, precious metals, oil and gold. The trading platform supports more than 20 languages, offers a simplified and user-friendly trading interface and allows you to control your trading whether you are a beginner or a professional trader.

xm offers oil and other energy trading to take advantage of volatile markets with as little as $5 trading margin, no overnight financing on oil CFDs, and NO additional fees applicable.

Established in: Cyprus

Regulators: ASIC, Cysec, DFSA

Minimum deposit:$5

Trading platforms: Metatarder 4, Metatrader 5

Payment Methods: Wire Transfer, Sticpay, Unionpay, yandex Money, CashU, Credit Card, Skrill, Neteller

Spreads: Variable

Accepts US Clients:No

Hotforex

Hotforex is an online broker that has been providing trading services since 2010. They offer a wide range of over 1000 tradable assets to their clients. Traders have many markets to participate in with numerous trading options, including Forex, CFDs, Spot Contracts and Futures. Traders can choose from 50 currency pairs to trade, a range of commodities, numerous indices, over 50 stocks, 12 crypto currency pairs and bonds.

Hotforex offers spot energy derivatives, such as Brent and Crude Oil, which are among the most traded commodities in the world. You have the ability to trade oil on these two main trading platforms MT4 and MT5, with fast execution.

Established in: Mauritius

Regulators: FCA, DFSA, FSCA, FSC

Minimum deposit:$5

Trading platforms: Metatarder 4, Metatrader 5

Leverage: 1:100

Payment Methods: Wire Transfer, Skrill, Unionpay, Neteller, Credit Card, Bitcoin

Spreads: Variable

Accepts US Clients:No

Exness

Exness is a broker that offers its clients convenient and functional trading platforms that have the ability to perform fast trade executions, automatic forex trading, initiate trade orders and manage positions in the foreign exchange market. These platforms are MetaTrader4, MetaTrader5, MT4 Web Terminal and mobile trading platform.

Web terminal and mobile trading allow you to trade oil, gold, silver, Bitcoin and other crypto-currencies for personal investment and trading. In addition there are nice additions, such as central trading services and free VPS hosting that further reward the client, making excess a good choice to consider for a pleasant trading experience.

Established in: Cyprus

Regulators: FCA, Cysec

Minimum deposit:$10

Trading platforms: Metatarder 4, Metatrader 5

Leverage: 1:2000

Payment Methods: Bitcoin, Perfect Money, Tether, redit Card, Wire Transfe

Spreads: Variable

Accepts US Clients:No

Easymarkets

Easymarkets is an award-winning broker that has been offering trading services since 2001, it allows its clients to trade over 200 assets for fixed spread trading, including CFS, stocks, crypto currencies, energy and commodities. Traders get tight fixed spreads, negative balance protection, no slippage and a guaranteed stop-loss while trading. easy markets has a unique feature called deal cancellation, it allows traders to cancel a trade that has suffered a loss within 6 hours of the trade.

Established in: Cyprus

Regulators: ASIC, Cysec

Minimum deposit:$100

Trading platforms: Metatarder 4

Payment Methods: Credit/Debit Cards, SOFORT, Neteller, Skrill, Fasapay, Sticpay, Webmoey, Bitwallet, Perfect Money

Spreads: Fixed

Accepts US Clients:No

RoboMarkets

RoboMarkets Ltd. is an online Forex and CFD brokerage company. robomarkets is a multi-asset broker offering 8 asset types and over 12000 trading instruments. clients have access to professional trading platforms and proprietary technologies. in addition, multilingual customer support is available 24 hours a day, 5 days a week.

robomarkets donned aches to a wide eventual of asset classes including forex, stocks, indices and crypto-currencies. 

Established in: Belize

Regulators: IFSC

Minimum deposit:$10

Trading platforms: Metatarder 4, Metatrader 5, Rtrader

Leverage: 1:2000

Payment Methods: Perfect Money, Sofort, Giropay, Poli, Webmonet, Bitcoin, Neteller, Skrill, Etc…

Spreads: Variable

Accepts US Clients:No

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