Trade oil on industry-leading prices
Market-leading prices
Tight spreads and low commissions across all our oil products, with additional discounts as your volume increases.
Trading flexibility
Our range of instruments enables you to go long or short, trade on leverage, hedge, or take a long-term view on oil.
Daily insights
Our commodity analysts provide expert news, analysis and commentary on oil prices and market-moving factors.
Award-winning platforms
Fast and reliable access to the markets from your phone, tablet, laptop or multi-screen desktop setup.
Industry-leading oil prices
| Classic | Platinum | VIP | |
|---|---|---|---|
 e.g. US Crude (WTI) | 0.05 pts | 0.05 pts | 0.03 pts |
 e.g. WTI (LCOH9) | 3 USD | 2 USD | 1 USD |
 e.g. LO.xcme | 2 USD | 1 USD | 0.75 USD |
 e.g. SPDR S&P Oil & Gas (XOP) | 0.08% (min. 1 USD) | 0.05% (min. 1 USD) | 0.03% (min. 1 USD) |
 e.g. Shell, Exxon | 0.08% (min. 1 USD) | 0.05% (min. 1 USD) | 0.03% (min. 1 USD) |
Six ways to trade oil with Saxo
Futures
Express a view on oil price movements, with direct market access to optimised liquidity pools for exchange traded futures contracts.
Options
Hedge your portfolio, make a limited-risk directional trade or take advantage of volatility, with a range of crude oil futures options available.
Commodity CFDs
Trade oil with leverage as a contract for difference and go long or short, with full exposure to the underlying asset.
Single stock CFDs
Go long or short and track the performance of oil-producing companies, using a leverage ratio that suits your risk appetite.
ETFs and ETCs
Track the performance of oil and oil-related companies with a range of exchange traded products, including inverse ETFs that give double or triple short exposure.
Stocks
Buy shares in refinery firms to potentially profit on a company’s performance, get full voting rights and receive dividend payments on a per share basis.
Start trading oil with Saxo
Register
Choose an account tier and submit your application
Fund
Add funds quickly and securely via debit card or bank transfer
Trade
Access our full range of products for trading oil