Take advantage of rising and falling crude oil markets with CFDs on our award-winning platform.1
Start trading today. Call +44 (20) 7633 5430, or email sales.en@ig.com to talk about opening a trading account. We’re here 24/5.
Trade oil even if the market turns negative, something you won’t find anywhere else
Get competitive prices on Brent and US Crude – with spreads from just 2.8 points
Take a position on oil spot prices with our unique undated market offering
Attach a guaranteed stop to minimise your risk – even when markets are volatile
Trade on oil and oil-linked ETFs with our leveraged service
See minute-by-minute news updates on oil markets with our in-platform Reuters feed
Trade oil to speculate on whether the commodity’s market price will rise or fall. With us, you won’t have to take ownership of the underlying asset or worry about physical delivery.
You can trade oil markets on our undated ‘spot’ markets or futures prices – both available via CFDs. Your choice will depend on your experience level and trading strategy.
Our proprietary ‘spot’ prices. They cost less to open, but you’ll pay an overnight funding charge.
Contracts to buy and sell oil at a set price on a set date in the future. They cost more to open, but less to hold overnight.
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Trade on the move with our natively designed, award-winning trading app
We have over 45 years of experience offering a truly market-leading service
*IG Group’s total markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Trade on the move with our natively designed, award-winning trading app
We have over 45 years of experience offering a truly market-leading service
*IG Group’s total markets
Take advantage of a range of oil markets, including:
Prices above are subject to our website terms and conditions. Prices are indicative only.
Looking for another commodity to trade? Use our market tool to find charts, data and news on the commodities you’re interested in.
CFD trading | |
What is it? | Speculate on whether an asset’s price will rise or fall between opening and closing your trade |
Available markets | Oil company shares, commodity markets and oil-linked ETFs |
Benefit | Go long or short on market prices |
Risk | Trading with leverage can magnify your profit, as well as your losses |
Learn more |
The spread is our charge for executing your trade, and your main cost when trading oil via CFDs. It is the difference between the buy and sell price that we wrap around the underlying market price.
CFDs are leveraged, which means you can trade for the fraction of the cost of buying oil outright. The deposit you pay to open a position is called margin.
Market | Spread for oil futures | Spread for undated oil markets |
Oil - US Crude | 6 | 2.8 |
Oil - Brent Crude | 6 | 2.8 |
Heating Oil | 30 | 20 |
No Lead Gasoline | 30 | 20 |
Market | Retail |
Oil - US Crude | 1.5% |
Oil - Brent Crude | 1.5% |
Heating Oil | 1.5% |
No Lead Gasoline | 1.5% |
Spreads are subject to variation, especially in volatile market conditions. Our dealing spreads may change to reflect the available liquidity during different times of day. Our normal spread is shown in the table.
Your spread will vary depending on whether you trade oil futures or undated contracts. Futures have a wider spread, but no overnight funding charges – so are more cost-effective for longer-term trades.
Your profit and loss are based on the full value of the position – not just the margin. So leverage can magnify your profits, as well as your losses.
Seize your opportunity with our user-friendly web trading platform.
You’ll find everything you need to trade oil markets, including risk management tools, our integrated Reuters feed and customisable alerts that notify you when your target price is hit.
Trade wherever you are, whenever you want with our trading apps for iOS and Android devices. You’ll get the same great features as the web app, including risk management tools and Reuters live stream.
Automate your trading and perform advanced analysis using over 18 bespoke apps with MT4 – a popular third-party platform for experienced traders.
Download it for free to start trading oil spot prices, as well as other commodities, forex pairs and indices.
It's free to open an account, and there's no obligation to fund or trade.
It's free to open an account, and there's no obligation to fund or trade.
Create a commodities trading account now.
If you're an active trader, you could get cash rebates when trading oil
Manage your risk with our range of tools.
Discover our cutting-edge web and mobile platforms.
1 Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.