Trade oil online

Enter one of the most popular commodity markets in the world with oil trading. Trade oil online with CFDs, using flexible leverage and competitive spreads.

Open Account Try a Free Demo

Why trade oil online with Axi?

When you trade oil with Axi, you’re not buying any physical oil. Instead, you’re simply trading on the real-time price movements of the commodity. Discover the advantages of trading oil online with Axi.

100:1 Leverage

100:1 Leverage

Trade oil CFDs at the right level for you, with leverage up to 100:1

Low margin

Low margin

Open oil trades with required margin as little as 2%

Zero commission

Zero commission

Deposit and withdraw freely with $0 commission

No brokerage fees on standard accounts

No brokerage fees on standard accounts

Trade without brokerage fees on all Standard Axi accounts

Trusted, regulated and award-winning broker

Trusted, regulated and award-winning broker

60,000+ traders in over 100 countries trust us with their trades

Fast execution and competitive spreads

Fast execution and competitive spreads

Enjoy super competitive spreads with ultra fast execution speed

Most popular oil trading products

Compare our bid/ask prices and spreads across oil CFDs, including Brent, WTI, US Crude and UK Crude.


For a complete overview of all oil CFDs and their active time zones, view our product schedule.

Start trading oil online today

  1. Open a free live trading account
  2. Add funds by depositing into your account
  3. Monitor the market and choose the oil CFD you want to trade

Find out more about how to trade oil with Axi or discover the right trading account type for you: standard, pro or swap-free trading account.

Open Account Try a Free Demo

What is oil trading?

Oil trading is the buying and selling of different types of oil related instruments, with the hope of generating a profit.

Often referred to as “black gold”, oil is a vital global commodity, with crude oil featuring as a basic ingredient in many different industries, including electricity, plastics, cosmetics, transportation, pharmaceuticals and petroleum. Because of its importance in global commerce, many industries monitor the price of oil very closely and also actively trade in the oil market. This gives the oil market a high level of volatility.

Find out more about how oil trading works.

What are the different oil CFDs to trade?

Explore the difference between trading oil cash CFDs and futures CFDs with Axi.

Oil cash CFDs: The oil cash price means the trading of oil ‘on the spot’. In other words, the buyer pays for the oil immediately, at the current market price.

Oil futures CFDs: The oil futures price means the buyer and seller agree in a contract to exchange a given amount of oil at an agreed-upon price at a future date. This contract is done on an exchange that acts as a third-party verifier.

Oil trading platforms and tools

Utilise our world-class trading platforms and powerful tools to enhance your trading experience. With an Axi account, traders of all levels have access to top resources to help further improve their skills.

MetaTrader 4

MetaTrader 4 is the smart choice for online traders looking for a trading edge. Simple for beginners and full of advanced functions for professionals, the MT4 platform helps you unlock unlimited trading possibilities.

Learn about MT4


Built to utilise Artificial Intelligence and Machine Learning, PsyQuation is a highly advanced trading analytics platform designed to reduce your trading mistakes and provide powerful performance analytics.

Learn about PsyQuation


Autochartist continuously scans the markets for tailored trade opportunities – based on real-time pricing and custom trade setups – then alerts you to potential trades.

Learn about Autochartist

Discover more markets to trade with Axi

Choose from a variety of global markets to trade with Axi, using ultra competitive spreads & flexible leverage to trade your edge.

Oil trading FAQs

There are two main types of risk associated with oil trading.

The first is risk associated with trading itself. Oil is a commodity that is traded on futures markets and offers a high degree of leverage. Using high levels of leverage can be risky as there is potential to lose more than what you have deposited. Traders should apply robust risk management strategies whenever leverage is being considered.

The second key risk is associated with oil. Because it is a commodity and the price is greatly influenced by wider supply and demand factors, oil prices can be volatile. For example, a political decision or change in environmental policy can cause the price of oil to drop suddenly.

The oil trading market is split up into two trading sessions: Brent crude oil and West Texas oil.

The trading hours for Brent crude oil are Mon - Fri 01:00 - 22:59 GMT.

The trading hours for West Texas oil are Sun - Fri 18:00 - 16:59 EDT.

Axi offers extremely competitive variable spreads, with spreads changing throughout the day. To experience how spreads work in real-time, open a free demo account where you can practice your trading using virtual funds.

The initial margin rate starts at 2% for oil cash CFDs and futures CFDs.

Axi standard accounts have no fees and no commissions. Pro accounts charge a small commission of USD 3.50 per lot ($7 round trip) in conjunction with having lower spreads. For more details and the latest pricing, please refer to our product schedule.

Axi runs a 24 hour Client Services and trading desk 5 days a week, starting from 08.00 am AEST (00.00 server time) Monday morning and ending at 08.00 am AEST on Saturday morning.

You can call Client Services on our toll-free number 1300 888 936 (Australia). International callers, please phone +612 9965 5830. Alternatively, you can use our live chat facility during the same period.

Trade oil online with Axi

Sign up for a live trading account or try a free demo trading account to experience a real trading environment.

Open Account Try a Free Demo