Commodities

Oil

Trade oil CFDs with leverage up to 1:50

Access UK Brent Oil and US Oil markets on Deriv MT5 and Deriv cTrader without needing to own the underlying commodity.

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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.

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.

Built-in risk management

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

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

Trader monitoring oil price movements on a smartphone Deriv trading app

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.

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Oil trading FAQs

What is oil CFD trading?

A contract for difference (CFD) lets you speculate on oil price movements without owning the underlying commodity. You take a buy position if you expect prices to rise, or a sell position if you expect them to fall. Your potential profit or loss is based on the size of the price movement and your position size.

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What is the difference between UK Brent Oil and US Oil?

UK Brent Oil (Brent Crude) is produced in the North Sea and serves as the global benchmark for oil pricing. US Oil (WTI — West Texas Intermediate) is produced in the United States and typically trades at a slight discount to Brent. Both are among the most liquid commodity markets in the world.

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How does leverage work in oil CFD trading?

Leverage allows you to control a larger position with a smaller deposit. With 1:50 leverage on Deriv, a 200 USD deposit controls a 10,000 USD position. This amplifies both potential profits and potential losses, which is why setting stop-loss orders before you trade is important.

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Can I practise oil trading before using real money?

Yes. Deriv offers a free demo account with virtual funds. You can trade UK Brent Oil and US Oil on demo to understand how the markets work and test your approach before committing real capital.

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What factors influence oil prices?

Oil prices are affected by OPEC+ production decisions, global demand data, US crude inventory reports, geopolitical developments in oil-producing regions, and US dollar strength.

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