Fuel your portfolio with Oil CFD
--> UK and US Oil CFD

Start trading the world's largest energy source.


From as low as
USD1 per point
20% Margin Requirement
Award-winning Trading Platform
Round-the-clock
Local Trade Support

* T&Cs apply.

Introducing our new UK & US Crude Oil CFD!

Introducing our brand new commodities CFDs, UK Oil CFD & US Oil CFD! We are offering both Oil CFDs in 1USD and 100USD contracts which allows for greater flexibility! What are you waiting for? Start trading on the price movements of the oil market with Oil CFD now!

UK Oil CFD 

UK Oil CFD tracks the spot price of Brent Crude.

Taking up roughly two-thirds of the world’s crude contracts, Brent Crude is the most widely used benchmark for oil. Brent Crude is produced near the sea and is light and sweet which makes it ideal for refining diesel fuel and gasoline.

US Oil CFD 

US Oil CFD tracks the spot price of West Texas Intermediate (WTI).

West Texas Intermediate (WTI) refers to oil that is extracted directly from the wells in the U.S. It is produced in landlocked areas which makes transportation difficult thus more expensive. WTI is the main benchmark for oil consumed in the United States.

Trade on our award-winning suite of POEMS Platform. Open a CFD Account now!

Product Information

Contract Value per Point Margin Commission Minimum Spread
UK Oil USD100 CFD

100 USD 20% US$1 per side / lot 0.03
 

UK Oil USD1 CFD

 

1 USD 20% US$0.10 per side / lot 0.03
 

US Oil USD100 CFD

 

100 USD 20% US$1 per side / lot 0.03
 

US Oil USD1 CFD

 

1 USD 20% US$0.10 per side / lot 0.03
Market Trading Hours: Mon – Sat

08:01 – 04:00 (Daylight Saving Time)

09:01 – 05:00 (Non-Daylight Saving Time)

Under rare circumstances, Oil CFD prices may fall below $0. When the price falls to or below $0, trading in Oil CFDs will be suspended. No new orders will be accepted and all existing open positions will be closed out at $0. The duration of trading suspension will be at the discretion of Phillip CFD. We advise all clients to trade with caution during times of volatility.

Trade on our award-winning suite of POEMS Platform. Open a CFD Account now!

Why trade Oil CFDs with us?

us uk oil_cfd

What you’re missing out if you’re not trading oil!

 

    • Oil is the world’s largest energy source and is one of the most volatile commodity
    • Learn more about the benchmarks of oil – Brent Crude and West Texas Intermediate (WTI)
    • Find out what factors affect oil prices and why you should include oil in your trading portfolio

Watch our webinar on the basics of UK & US Oil CFD

Watch our past webinar as our dealer, Sun Wanxin, explained the basics on UK & US Oil CFD!

Why trade CFDs with us?

reits sg largest broker

Singapore’s CFD
Trading Pioneer

money reits

No Minimum Deposit to Open An Account

Award 2

Award-winning Suites of POEMS Platforms

24 hour reits 2

Round-the-clock
Local Trade Support

Ongoing CFD Promotions

Disclaimer

This material is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acts based on this information.

Investments are subject to investment risks. The risk of loss in leveraged trading can be substantial. You may sustain losses in excess of your initial funds and may be called upon to deposit additional margin funds at short notice. If the required funds are not provided within the prescribed time, your positions may be liquidated. The resulting deficits in your account are subject to penalty charges. The value of investments denominated in foreign currencies may diminish or increase due to changes in the rates of exchange. You should also be aware of the commissions and finance costs involved in trading leveraged products. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low. Clients are advised to understand the nature and risks involved in margin trading.

You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.poems.com.sg) before trading in this product.

Any CFD offered is not approved or endorsed by the issuer or originator of the underlying securities and the issuer or originator is not privy to the CFD contract. This advertisement has not been reviewed by the Monetary Authority of Singapore.