Trade oil on competitive prices

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

Competitive 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.

Competitive oil prices

Swipe left or right for more
 US Crude (WTI), UK Crude (Brent)0.05 pts0.05 pts0.05 pts0.05 pts0.03 pts
 WTI (LCOH9), Brent (CLH9)USD 6.00USD 6.00USD 6.00USD 3.00USD 1.25
  LO.xcmeUSD 6.00USD 6.00USD 6.00USD3.00USD 1.25
 SPDR S&P Oil & Gas (XOP), WTI (USO)0.06%
(min. USD 4)*
(min. USD 3)*
(min. USD 2)*
(min. USD 1.5)*
(min. USD 1)**
 Shell, Exxon06%
(min. USD 4)*
(min. USD 3)*
(min. USD 2)*
(min. USD 1.5)*
(min. USD 1)**

* For shares priced under USD 10, 0.01 USD/share, min USD 4
** For shares priced under USD 10, 0.007 USD/share, min USD 3

Note: All equities, bonds, futures, options commissions and SaxoWealthCare management fees 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.

Trade commodities on our award-winning trading platform

Trade commodities on our award-winning trading platform

Powerful stock trading tools

Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools.

Access 72,000+ instruments

Trade FX, FX options, CFDs, stocks, ETFs, futures, listed options and bonds from a single cross-margin, multi-currency account.

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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Singapore 048948

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Saxo Capital Markets Pte Ltd ('Saxo Markets') is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. No.: 200601141M ] and is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms & Risk Warning to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

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