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.

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 US Crude (WTI), UK Crude (Brent)0.05 pts0.05 pts0.03 pts
 WTI (LCOH9), Brent (CLH9)USD 6.00USD 3.00USD 1.25
  LO.xcmeUSD 6.00USD3.00USD 1.25
 SPDR S&P Oil & Gas (XOP), WTI (USO)0.06% (min. USD 4, max. USD 100)*0.05% (min. USD 4, max. USD 100)*0.04% (min. USD 3, max. USD 100)**
 Shell, Exxon0.06% (min. USD 4, max. USD 100)*0.05% (min. USD 4, max. USD 100)*0.04% (min. USD 3, max. USD 100)**

* For shares priced under USD 10, 0.01 USD/share, min USD 4, max USD 100
** For shares priced under USD 10, 0.007 USD/share, min USD 3, max USD 100
Note: All equities, bonds, futures and options commissions will be charged with the prevailing Goods and Services Tax (GST) of Singapore. This is applicable to SG residents only.

Six ways to trade oil with Saxo


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


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 CFD 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.


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.

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 40,000+ instruments across all classes.

1ADVFN Best Platform for the Active Trader 2019

Start trading oil with Saxo


Apply using your Singpass via Myinfo


Fund your account quickly and securely through your preferred funding method


Access our full range of index-track contracts for difference

Saxo Markets
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