Online Oil Trading
Crude oil is a natural and liquid commodity found in rock formations in the earth’s core. Oil wells are essential in the extraction process, as they are formed to release oil from deep within the earth. Oil is an essential commodity in that we make use of it every day once it has been refined into petroleum products such as petrol and gasoline.
Crude Oil Trading
Trade oil and a range of energy products on the most advanced platforms with high leverage, competitive spreads, and exclusive news, analysis and educational materials.
As one of the world’s leading forex and CFD brokers ECNOptions offers a number of distinct advantages for oil traders.
Trade a full range of energies - from crude oil to gasoline
Get leverage of up to 100:1 on your trades
MetaTrader 5 platforms available
Trade on the move with our apps for iOS and Android
Copy experienced traders with Mirror Trader auto-trading
Get live multilingual customer support whenever the market is open
Oil & Energy CFDs
One of the main advantages of trading commodity CFDs (Contracts for Difference) with Saxo Market is the flexibility and freedom they offer the trader. With CFDs you can trade Crude Oil and other Energy products at live market rates without any of the fees or complications associated with trading directly in the oil futures market.
You can both buy and sell short without any restriction and without paying a fee, so you can put your analysis into action whichever direction you think the market is headed.
Why trade Oil and Energies
High leverage of up to 100:1
Tight spreads provided directly by interbank liquidity
Fast executions and mobile trading available
No need for storage/transportation and associated risks
ECNOptions offers the following Oil and Energy CFDs:
Understanding The Oil Market
There are a number of factors that drive the volatility of the oil market. First and foremost is the huge demand for oil as fuel and in industry. Supply and demand is crucial to determining the oil price – particularly as the yield from certain major oil fields declines. Political instability is also an influence on oil prices – some of the main oil production centres are in unstable regions and this can affect production.
Market sentiment is also hugely influential on the oil price – particularly in terms of short-term speculation, which accounts for the overwhelming majority of oil trades.
As an ECNOptions client you’ll get a wide range of material, such as reports, news updates, economic calendar and market analysis, to help you assess the market and make educated decisions.
Why trade with ECNOptions
Trade with a trusted and fully regulated broker with over 10 years’ experience & a presence in 150 countries.
Multi award-winning innovative broker, Best Broker award for 2015 and 2016. 24/5 dedicated account managers, available by e-mail, telephone, and live chat in your language.
Clients funds are kept in segregated accounts with leading international banks.Trade on over 250 instruments including forex, CFDs for stocks, commodities & indices