Oil and Commodities Trading

Diversify your portfolio and trade oil and other markets including energy, grain and soft commodities.

  • Low fixed spreads on UK and US oil
  • Margins from 1%
  • Spot and future markets
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Oil

Key reasons to trade commodities

icon price action

Gain exposure to leading markets

Commodities are a vital part of global economies with a broad market choice.
Analyze the market tick-by-tick

Expand your opportunities

With commodity CFDs you can speculate on both rising and falling markets.
Broaden your investments

Broaden your investments

Expand into new trading opportunities with both spot and future markets.

Most Popular Commodity Markets

At FOREX.com, you can speculate on 10+ spot and futures commodities with competitive spreads and exceptional execution.

Market Name Pricing Typical Spreads Margin from
UK Crude Oil Fixed 5 1%
US Crude Oil Variable around market spread 0.04 1%
US Natural Gas Variable around market spread 18 3%
Corn Variable around market spread 1 3%
Cotton No 2 Fixed 35 3%
Heating Oil Variable around market spread 40 3%
NY Cocoa Fixed 8 10%
Corn Variable around market spread 0.9 10%
Soybean Variable around market spread 1.5 3%
Sugar No 11 Fixed 0.06 3%
Wheat Variable around market spread 1 3%
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Commodity spreads may differ between FOREX.com platforms and MetaTrader 4.

Market Name Spread Margin from
Spot UK Crude Oil 1.5 around market 1%
Spot US Crude Oil 1.5 around market 1%
Spot US Natural Gas 2 around market 3%
Spot Coffee 15 around market 3%
Spot Cotton No 2 10 around market 3%
Spot Sugar No. 11 2 around market 3%
Market Name Pricing Typical Spreads Margin from
XAU/USD Capped variable 0.45 0.5%
Palladium Variable around market spread 1.1 1%
Platinum Variable around market spread 1.4 1%
XAU/AUD Capped variable 0.61 0.5%
XAU/CHF Capped variable 0.61 0.5%
XAU/EUR Capped variable 0.61 0.5%
XAU/GBP Capped variable 0.61 0.5%
XAU/JPY Capped variable 0.61 0.5%
Copper Variable around market spread 40 1%
XAG/USD Capped variable 0.03 0.5%

Typical prices from the previous month.

View All Markets +
Market Name Pricing Typical Spreads Margin from
Coffee Fixed 0.9 10%
UK Crude Oil Fixed 5 1%
US Crude Oil Variable around market spread 0.04 1%
Corn Variable around market spread 1 3%
Cotton No 2 Fixed 35 3%
Heating Oil Variable around market spread 40 3%
NY Cocoa Fixed 8 10%
US Natural Gas Variable around market spread 18 3%
Soybean Variable around market spread 1.5 3%
Sugar No 11 Fixed 0.06 3%
Wheat Variable around market spread 1 3%

Commodity spreads may differ between FOREX.com platforms and MetaTrader 4.

Market Name Spread Margin from
Spot Coffee 15 around market 3%
Spot Cotton No 2 10 around market 3%
Spot Sugar No. 11 2 around market 3%
Spot UK Crude Oil 1.5 around market 1%
Spot US Crude Oil 1.5 around market 1%
Market Name Pricing Typical Spreads Margin from
XAU/USD Capped variable 0.45 0.5%
Palladium Variable around market spread 1.1 1%
Platinum Variable around market spread 1.4 1%
XAU/AUD Capped variable 0.61 0.5%
XAU/CHF Capped variable 0.61 0.5%
XAU/EUR Capped variable 0.61 0.5%
XAU/GBP Capped variable 0.61 0.5%
XAU/JPY Capped variable 0.61 0.5%
Copper Variable around market spread 40 1%
XAG/USD Capped variable 0.03 0.5%

Typical prices from the previous month.

Interesting facts

Crude oil is a naturally occurring petroleum product commonly used in energy production and manufacturing. It is typically purchased with the intent to be refined into everyday uses such as diesel, gasoline, heating oil, jet fuel, plastics, cosmetics, medicines and fertilisers. As such its price has a dramatic impact on the global economy. In general, higher oil prices tend to undermine economic growth as this increases travel and shipping expenses, which increase inflationary pressures and thus personal consumption typically weans. Two of the major classifications for crude oil are US Oil, commonly referred to as West Texas Intermediate (WTI) and UK Oil, or Brent Blend. These are both characterized as being “light” and “sweet” crude oils, meaning they have a low density (making it easier to refine and transport) and lower sulphur content (which results in less impurities, making it cheaper to refine). Therefore, they tend to be more expensive than their “heavy” or “sour” counterparts as they are closer to the desired finished products noted above.

Spreads from US oil market open Leverage up to
0.05 pts 23 hrs 200:1

Price drivers

Oil prices are significantly influenced by the balance of supply and demand since it is so heavily consumed on a daily basis. Terms frequently mentioned when referencing this supply vs. demand relationship in oil are “production”, “supply”, “demand” and “oil inventories”. This basically boils down to two major consortiums: the Organization of Petroleum Exporting Countries (OPEC) and Organization of Economic Cooperation and Development (OECD) – OPEC is the group responsible for producing around 40% of the world’s oil, while OECD is accountable for just over 50% of the world’s demand for oil. If production levels exceed consumption demand, then inventories are said to “build” whereby the excess supply can be stored and vice versa. Traders often look to gauge the level of consumer demand by looking at the relative strength or weakness in global economies via monitoring GDP, retail sales, consumer spending, etc. and then seeing how this stacks up to projected inventories. Sentiment in the financial markets also tends to play a major role in the price of oil.