Why trade oil on Deriv
Two global oil benchmarks
Trade both UK Brent Oil and US Oil (WTI) and respond to regional and global supply dynamics from one trading account.

Built-in risk management
Set stop-loss or take-profit levels before you open a trade and stay in control of every position.

Go long or short
Take advantage of opportunities across different market conditions – open a position in either direction, whether you expect oil prices to rise or fall.

Oil CFDs on Deriv
| Factor | UK Brent Oil | US Oil (WTI) |
|---|---|---|
| Primary benchmark role | Global crude oil pricing benchmark | US domestic crude oil benchmark |
| Main price drivers | OPEC decisions, Middle East supply, global demand shifts | US inventory data, shale production, Federal Reserve policy |
| Volatility patterns | Often reacts strongly to geopolitical tensions | Often reacts strongly to US economic releases |
| Maximum leverage | Up to 1:50 | Up to 1:50 |
| Swap-free availability | Available on swap-free accounts | Available on swap-free accounts |
| Suitable for | Traders who focus on global macro themes | Traders who trade US session volatility and economic data |

How to start trading oil on Deriv
Create a Deriv account
Sign up for free in minutes. You'll get instant access to a demo account loaded with virtual funds to practise before you trade with real money.
Fund your account
Deposit using your preferred payment method. Deriv supports a wide range of deposit options across different regions.
Start trading
Choose your preferred platform (Deriv MT5 or Deriv cTrader), set your position size and risk parameters, and place your trade.