Trade oil online
Oil trading is one of the most popular commodity markets in the world. You can trade oil online with flexible leverage and competitive spreads.
Why trade oil online with Agility?
You don’t buy physical oil when you trade oil with Agility. You simply trade the real-time price movements of the commodity. With Agility, you can trade oil online for a variety of benefits.
Offered on your Knowledge and Experience
Open oil trades with required margin as little as 2%
No brokerage fees on standard accounts
Trade without brokerage fees on all Standard Agility accounts
Trusted and regulated broker
Traders in over 100 countries trust us with their trades
Fast execution and competitive spreads
Enjoy super competitive spreads with ultra fast execution speed
Start trading oil online today
Discover the best trading account type for you: standard, pro or swap-free, or learn more about how to trade oil with Agility.
What is oil trading?
Trading oil involves buying and selling oil-related instruments in order to generate profits.
Oil is a vital global commodity, featuring as a basic ingredient in many different industries including electricity, plastics, cosmetics, transportation, pharmaceuticals and petroleum. Many industries monitor the price of oil very closely and actively trade in the oil market due to its importance in global commerce. As a result, the oil market is highly volatile.
Learn more about oil trading.
What are the different oil instruments to trade?
Oil cash: In the oil market, the cash price of oil refers to the price at which oil is traded ‘on the spot’. This means that the buyer pays for the oil immediately, based on the current market price.
Oil futures: Buyers and sellers agree in a contract to exchange a given amount of oil at an agreed-upon price at a future date. Third-party verification is provided by an exchange.
Oil trading platforms and tools
Take advantage of our world-class trading platforms and powerful tools to enhance your trading experience. With an Agility account, traders of all levels have access to top resources to help further improve their skills.
Discover more markets to trade with Agility
Agility offers ultra competitive spreads and flexible leverage so you can trade your edge across a variety of global markets.
Oil trading FAQs
Oil trading involves two types of risk.
The first is the risk associated with trading itself. Commodities such as oil are traded on futures markets and offer a high degree of leverage. High levels of leverage can be risky since you can lose more than what you have deposited. When considering leverage, traders should apply robust risk management strategies.
Oil is the second key risk. The price of oil is highly influenced by supply and demand factors since it is a commodity. An environmental policy change or political decision can cause a sudden drop in oil prices.
Oil trading is divided into two sessions: Brent crude oil and West Texas crude oil.
Sun – Fri, 18:00 – 16:59 EDT are the trading hours for West Texas oil.
The spreads offered by Agility are extremely competitive, changing throughout the day. Open a free demo account and practice trading with virtual funds to see how spreads work in real-time.
Oil cash CFDs and futures CFDs start at 2% margin.
There are no fees or commissions associated with agility standard accounts. Pro accounts charge a small commission of USD 3.50 per lot ($7 round trip) in addition to having lower spreads. Please refer to our product schedule for more details and the latest pricing.
During the week, Agility operates a 24-hour Client Services and Trading desk, starting from 8.00 am AEST (00.00 server time) on Monday morning and ending at 8.00 am AEST on Saturday morning.
You can reach Client Services by calling 1300 888 936 (Australia). For international calls, dial +xxx xxx xxx. Alternatively, you can use our live chat facility during the same timeframe.
Trade oil online with Agility
Experience the real trading environment with a free demo account or a live trading account.