Top Rated Oil Trading Brokers Reviews - 2018

Oil is one of the commodities that have become popular of late with Forex traders. With the price of oil so strongly connected to the currency rates, the oil market often brings a good chance to Forex traders to increase their usual profit through oil trading brokers.

Oil futures from NYMEX (West Texas Intermediate, or WTI) and ICE (Brent Crude) are usually part of the series of commodities offered by Forex brokers, together with the more popular commodities such as gold, silver, other metals. But not all Forex brokers offer their traders oil trading in addition to the other asset choices.

Oil is a volatile product that is driven by supply, political and environmental factors, and the demand of energy-driven nations. To choose a broker who offers oil trading, see the list below compiled by the team at Daily Forex.

Broker's Name Minimum Deposit Deposit Bonus Type of Platform Maximum Leverage Regulation More Info
Markets $100 None MetaTrader 4, Proprietary platform 1:100 ASIC, CySEC, FSB Sign Up

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FXTM $5 Sign Up - 20% MetaTrader 4, MetaTrader 5 1:1000 FCA, CySEC, IFSC Sign Up

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eToro $200 None Other, Web-based 1:100 FCA, ASIC, CySEC Sign Up

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4 AvaTrade $100 Up To $5000 MetaTrader 4, Proprietary platform, Web-based 1:100 ASIC, MiFID, Central Bank of Ireland, FSC, BVIFSC Sign Up

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5 FXCM $300 ?
Standard: $2000, Mini: $50
None MetaTrader 4, Proprietary platform, Web-based 1:50 FCA, ASIC Sign Up

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Oil Trading Brokers Reviews

Markets

Markets.com is operated by Safecap Investments Limited, a Financial Services Company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 092/08 and by the Financial Services Board (FSB) in South Africa as an authorized Financial Services Provider under the no. 43906. Markets.com was the recipient of the London Investor Show Forex “Best Customer Service 2012” award, and the Global Banking Finance Review “Best Broker in Customer Service Europe 2012” award, in addition to numerous other awards over the past years.

Markets Review
FXTM

FXTM or Forex Time, founded in 2011, is still considered a newcomer to the online Forex trading scene. However, within a span of few years, this broker has managed to carve out a name for itself by wining several industry awards such as “Best Newcomer 2013” and “Fastest Growing Forex Broker.” FXTM is regulated by various jurisdictions and has offices in Cyprus, the UK and Belize. Forextime Limited is regulated by CySEC, Forextime UK Limited is authorized by FCA and FT Global Limited is regulated by IFSC.
This should not constitute as advertisement in the territory of Belgium, France and Netherlands.

FXTM Review
eToro

eToro, founded in 2007 and domiciled in Limassol, Cyprus, is a leading social site on the global scene with over 6M traders. It is regulated by CySEC, MiFID, FCA and has been the recipient of several awards.
Your capital is at risk .

eToro Review
AvaTrade

AvaTrade is among the top Forex brokers in the world with offices in New York, Dublin, Sydney, Milan, Tokyo and other locations. It is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union as well as by several other licensing bodies. AvaTrade’s features include, among other things, a choice of platforms, a demo account, an Ava debit card for all live account holders, access to Trading Central charting tools for depositors of over $1000 and free withdrawals.

AvaTrade Review
FXCM

FXCM (Forex Capital Markets) was founded in 1999 in the U.S.A. and was an early pioneer of internet-based trading. FXCM was listed among the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row. The FXCM Group has headquarters in New York, with offices around the globe in places such as the U.K., France, Italy, and Australia. It is regulated and licensed in each of them. FXCM is also a publicly traded company on the Nasdaq Exchange, the major U.S. exchange listing the equity of large technology-based companies.

FXCM Review