Trade oil on industry-leading prices

Implement your oil trading strategy across futures, options, ETFs and CFDs with Saxo.

Market-leading prices

Tight spreads and low commissions across all our oil-trading 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

We offer three levels of pricing depending on your initial funding and trading volume.

ClassicPlatinumVIP
  CFD - US Crude (WTI)0.05 pts0.05 pts0.03 pts
  Future - WTI (LCOH9)6.00 USD3.00 USD0.85 USD
  Listed Option - LO.xcme6.00 USD3.00 USD0.85 USD
  ETF - SPDR S&P Oil & Gas (XOP)0.01 USD/share (min. USD 9.90)0.01 USD/share (min. USD 7)0.01 USD/share (min. USD 3)
  Stock - Shell, Exxon0.01 USD/share (min. USD 9.90)0.01 USD/share (min. USD 7)0.01 USD/share (min. USD 3)

Six ways to trade oil with Saxo

Futures

Express a view on oil price movements, with direct market access to deep liquidity pools for exchange traded futures contracts.

Commodity CFDs

Trade oil with leverage as a contract for difference and go long or short, with full exposure to the underlying asset.

Options

Hedge your portfolio, make a limited-risk directional trade or take advantage of volatility, with a range of crude oil futures options available.

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.

Single stock CFDs

Go long or short and track the performance of oil-producing companies, using a leverage ratio that suits your risk appetite.

Award-winning trading platforms

Award-winning trading platforms

The No. 1 for active traders1
The award-winning, multi-device SaxoTraderGO partners seamlessly with SaxoTraderPRO, our professional-grade platform for advanced traders.

Powerful tools and features
Benefit from live charts with 50+ technical indicators, as well as streaming newsfeeds and innovative risk-management tools.

Multi-asset access
Use the same platform and account to trade all our oil products, as well as our full range of 35,000+ instruments across all classes.

1ADVFN Best Platform for the Active Trader 2018

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