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Browse our selection of brokers in the United Kingdom offering Crude Oil trading.
For traders in the United Kingdom, the FXStreet Team highlights FxPro as a notable broker for Oil trading in 2026. It offers Brent and WTI Oil CFDs, competitive energy trading costs and fast order execution. TIOmarkets offers Oil CFD trading with competitive trading conditions, and HFM pairs it with a long track record in the market. Each broker featured in this article operates an FCA-regulated entity. Traders from the United Kingdom should still confirm which legal entity will hold their account, as protections and trading conditions can differ between entities within the same broker group. Brent Crude, one of the two global Oil benchmarks, is priced in London, which makes Oil a natural market for traders in the United Kingdom. The country also has a well-established spread betting market that lets traders take a position on Oil prices. Oil trading is the practice of speculating on crude Oil prices, usually through derivatives that track a benchmark such as Brent or West Texas Intermediate. Because Crude is essential to the global economy, its price is closely watched by traders around the world. Oil prices are driven by supply and demand, with OPEC+ production decisions and US output on the supply side and global economic growth on the demand side. Geopolitical tensions, inventory reports and the US Dollar add further short-term volatility. Oil and Forex are linked through the US Dollar, the currency in which crude is priced, and through petrocurrencies such as the Canadian Dollar and Norwegian Krone. This makes Oil a common diversification trade for Forex traders who want exposure to commodities.
Which brokers offer the broadest range of markets in the UK?
Besides Oil, all these brokers offer a range of other markets and multiple asset classes. Crude Oil is traded through two main benchmarks, Brent Crude from the North Sea and West Texas Intermediate (WTI) from the United States, which together set the price for most Oil around the world. Retail traders access these benchmarks through Oil CFDs, the most common route, or through futures, options, exchange-traded funds and shares in Oil companies. Oil is one instrument within the broader commodities asset class, and a broker that offers Oil typically also covers other energy or another type of commodity market. Another example of this difference between asset classes and instruments could be Forex and EUR/USD. The comparison table below breaks down the markets each broker offers.
Broker name
Instruments
FxPro
Forex (Major & Minor Pairs), Exotic Pairs, Indices, Future Indices, Share CFDs, Commodities, Energy & Oil, Precious Metals, Gold, Silver, Crypto (OTC)
TIOmarkets
Forex (Major & Minor Pairs), Exotic Pairs, Indices, Future Indices, Stocks, Share CFDs, US Stocks, Commodities, Energy & Oil, Precious Metals, Gold, Silver, Cryptocurrencies, Leveraged Crypto (OTC), Spread Betting, Futures, Spot Markets
HFM
Forex (Major & Minor Pairs), Exotic Pairs, Indices, Stocks, ETFs / ETNs, Commodities, Energy & Oil, Precious Metals, Gold, Silver, Cryptocurrencies, Bonds
Capital.com
Forex (Major & Minor Pairs), Indices, Stocks, Share CFDs, US Stocks, US ETFs, Commodities, Energy & Oil, Precious Metals, Gold, Silver, Cryptocurrencies, Interest Rates
Swissquote
Forex (Major & Minor Pairs), Exotic Pairs, Indices, Basket Indices, Future Indices, Share CFDs, Commodities, Energy & Oil, Precious Metals, Gold, Silver, Bonds
The comparison shows that all these brokers combine Oil with a broad range of asset classes, including Forex, indices, commodities, including precious metals (such as Gold and Silver) and energies. FxPro, TIOmarkets, HFM and Swissquote all list exotic Forex pairs, while Capital.com focuses on major and minor Forex pairs only. TIOmarkets has one of the widest line-ups, adding spread betting, futures and spot markets alongside leveraged crypto (OTC). HFM and Capital.com both include cryptocurrencies, whereas Swissquote does not list them but does offer basket indices and bonds.
How much leverage offer these best brokers to trade Oil?
Leverage sets the ratio of borrowed capital a broker makes available relative to a trader's own funds. Leverage controls how much exposure a trader can take relative to the funds in the account, and it works the same for oil CFDs as for other instruments. In the United Kingdom, retail leverage is capped by the regulator, which limits the size of position a trader can open relative to their deposit. Oil CFDs can track either the spot price, which rolls over with no expiry, or a futures contract that settles on a set date. Because Oil is volatile and CFDs are leveraged, regulators cap retail leverage in several major markets, which limits the size of position a trader can open relative to their deposit. Use the table below to compare leverage description and maximum leverage for retail and professional accounts across the five brokers.
Broker name
Leverage
Max Professional Leverage
Max Retail Leverage
FxPro
These vary depending on jurisdiction
1:500
1:30
TIOmarkets
Up to 1:30 for the UK FCA Authorised entity (up to 1:100 for eligible professional clients)
1:100
Unlimited
HFM
FCA leverage 1:30, CMA 1:400, FSA & FSCA 1:2000. However, InfinityX Account offer unlimited leverage.
1:2000
1:2000
Capital.com
FCA, CySEC and ASIC 1:30, SCB up to 1:200 except Crypto 1:20
1:500
1:30
Swissquote
Varies by entity
1:400
1:100
The data shows that leverage terms vary significantly across the five brokers. FxPro and Swissquote both state that leverage varies by jurisdiction, with FxPro listing maximum leverage of 1:30 for retail and 1:500 for professional clients, and Swissquote showing 1:100 for retail and 1:400 for professional clients. TIOmarkets specifies up to 1:30 for the UK FCA authorised entity and up to 1:100 for eligible professional clients, while its table entry shows unlimited retail leverage and 1:100 for professional accounts. Capital.com lists 1:30 for retail and 1:500 for professional clients. HFM shows the highest figures in the table, with maximum leverage of 1:2000 for both retail and professional accounts, alongside a description that includes an InfinityX Account offering unlimited leverage.
What spreads do the best brokers to trade Oil in the United Kingdom offer?
Spreads state the difference between the buy and sell price a broker quotes on an instrument. The spread is a cost built into every trade, and it applies to Oil CFDs just as it does to other instruments. For a trader who trades Crude often, the spread is one of the main costs that shapes net returns. Use the table below to compare spreads.
Broker name
Spreads
Raw Spreads
FxPro
spreads from 0.2 pips
RAW spread + 3.5 USD per lot Commission applies to FX and metals only
TIOmarkets
spreads from 0.3 pips
RAW spread + 6 USD per lot
HFM
spreads from 0.3 pips
RAW spread + 6 USD per lot The commission listed is per round turn.
Spreads from 0.0 pips.
Capital.com
spreads from 0.3 pips
-
Swissquote
spreads from 0.6 pips
RAW spread + 5 EUR per lot This account is available in the UK.
The data shows that all these brokers quote variable spreads and, in most cases, offer raw spread accounts with separate commissions. FxPro has the tightest quoted spreads, starting from 0.2 pips, with a raw spread plus a 3.5 USD per lot commission that applies to FX and metals only. TIOmarkets and HFM both list spreads from 0.3 pips and raw spread accounts with a 6 USD per lot commission, with HFM additionally specifying spreads from 0.0 pips and that the commission is per round turn. Capital.com lists spreads from 0.3 pips without a separate raw spread entry, while Swissquote shows wider spreads from 0.6 pips and a raw spread plus a 5 EUR per lot commission on an account available in the UK.
How well-regulated are these top Oil brokers?
Regulation indicates the licences a broker holds and the authorities that oversee it. A trader who opens an Oil CFD position is trusting the broker with money, so the regulatory standing of the broker is a direct safety consideration. In the UK, financial services are regulated by the Financial Conduct Authority (FCA), a top-tier regulator. Before a trader can open an Oil CFD position, the broker is required to verify the trader's identity, a step that regulated firms must complete before accepting deposits. This check is part of the oversight that a regulated broker operates under, and it applies to every account the broker opens. Use the table below to compare regulation across the five brokers.
Broker name
Regulation
FxPro
FCA, SCB
TIOmarkets
FCA, FSA, MISA
HFM
CMA, FCA, FSA, FSC, FSCA, SVGFSA
Capital.com
ASIC, FCA, SCB
Swissquote
DFSA, FCA, FINMA, SFC
The comparison shows that the five brokers hold multiple regulatory licences, with each including authorisation from the Financial Conduct Authority (FCA) in the United Kingdom. FxPro combines its FCA licence with oversight from the Securities Commission of The Bahamas (SCB) in The Bahamas, while Capital.com also pairs SCB. TIOmarkets and HFM each add licences from several other regulators, and Swissquote shows the broadest mix, combining FCA oversight with the Swiss Financial Market Supervisory Authority (FINMA) in Switzerland, the Dubai Financial Services Authority (DFSA) in the United Arab Emirates and the Securities and Futures Commission (SFC) in Hong Kong.
What trading platforms do the best brokers to trade Oil support in the United Kingdom?
Trading platforms determine the software environment through which traders place orders and manage positions. The platform a trader uses to trade Oil is separate from the instrument itself, and it should suit the trader's preferred way of working. A desktop, web or mobile setup each supports a different routine, so the platform matters as much as the market being traded. The table below breaks down trading platforms.
Broker name
Trading platforms
FxPro
MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTerminal, MT5 WebTrader, cTrader, TradingView, FxPro Trading App, FxPro Webtrader
TIOmarkets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTerminal, MT5 WebTrader, Autocopy, MAM/PAMM
HFM
MetaTrader 4 (MT4), MetaTrader 5 (MT5), HFM Platform
Capital.com
MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
Swissquote
MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD (Integrated with TradingView.com)
The comparison shows that all five brokers support both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). FxPro offers MT4 WebTerminal, MT5 WebTrader, cTrader, TradingView, FxPro Trading App and FxPro Webtrader. TIOmarkets also extends beyond MT4 and MT5 with MT4 WebTerminal, MT5 WebTrader and Autocopy. Capital.com and Swissquote both pair MT4 and MT5 with TradingView-linked options, while HFM is the only broker in this group to list a single proprietary option alongside MT4 and MT5, via the HFM Platform.
What is the minimum deposit at the top brokers for Oil interested traders in the UK?
Minimum deposit states the smallest amount a trader can use to open and fund an account. The minimum deposit is the first figure a trader encounters when opening an account to trade Oil, and a low minimum means trading can begin without a large upfront commitment. This matters for anyone testing a broker with a first deposit. Use the table below to compare minimum deposit across the five brokers.
Broker name
Min. deposit
FxPro
0
TIOmarkets
20
HFM
0
Capital.com
10
Swissquote
1000
The table shows that minimum deposit requirements vary widely across these five brokers. FxPro and HFM both list a minimum deposit of 0, indicating that accounts can be opened without a stated funding threshold. Capital.com sits just above this level with a minimum deposit of 10, while TIOmarkets requires 20. At the other end of the range, Swissquote has a significantly higher minimum deposit of 1000, making it the clear outlier in terms of initial funding requirement.
What account types do these best brokers for Oil trading offer?
Account types define the tiers of trading accounts a broker offers, each with its own conditions. The account tier a trader opens determines how much is needed to start and what trading costs apply, since each tier carries its own pricing structure. Some tiers charge a commission in exchange for tighter spreads, while others fold the cost into a wider spread with no separate commission. The tier a trader selects also sets the minimum deposit and the conditions for funding the account. The comparison table below breaks down account types for each broker.
Broker name
Account types
FxPro
Standard (MT4 or MT5), Raw+ (MT4 or MT5), cTrader
TIOmarkets
Standard Account, Raw Spread Account, VIP Black Account, Nano Account, Islamic Swap-Free Account, Copy Trading Account
HFM
Infinity X, Cent, Zero, Pro, Premium
Capital.com
Retail, Profesional
Swissquote
Premium, Prime, Elite
The table shows that trading account availability varies significantly across these five brokers. FxPro lists three accounts, including Standard and Raw+ accounts on MT4 or MT5, plus a cTrader account. TIOmarkets offers Standard, Raw Spread, VIP Black, Nano and Copy Trading accounts. HFM provides Infinity X, Cent, Zero, Pro and Premium accounts. Capital.com has two account categories, Retail and Profesional, while Swissquote offers Premium, Prime and Elite accounts.
Which payment methods do the top brokers that offer Oil trading support in the United Kingdom?
Payment methods cover the ways traders can deposit funds into and withdraw funds from a trading account. A broker that offers Oil CFDs still needs to be funded, so the payment methods a broker supports matter for traders who want to deposit and withdraw. Traders should check which methods are available, since some brokers accept certain methods for deposits but not for withdrawals. Use the table below to compare payment methods across the five brokers.
Broker name
Payment methods
FxPro
Visa, Mastercard, Maestro, UnionPay, Debit/Credit Card, Bank Transfer, Wire Transfer, SEPA, SWIFT, International Bank Transfer, Local Bank Transfer, PayPal, Skrill, Neteller, Perfect Money, USDT, Cryptocurrency, Boleto, Sofort, Przelewy24, NganLuong, THB QR Payment, SticPay, ZotaPay, xPay, P2P
TIOmarkets
Visa, Mastercard, Debit/Credit Card, Bank Transfer, Wire Transfer, SEPA, International Bank Transfer, Local Bank Transfer, Interac, Skrill, Neteller, FasaPay, USDT, Cryptocurrency, PayRetailers
HFM
Visa, Mastercard, Debit/Credit Card, Bank Transfer, Wire Transfer, International Bank Transfer, Local Bank Transfer, Instant Bank Transfer, Skrill, Neteller, FasaPay, Cryptocurrency
Capital.com
Visa, Mastercard, Maestro, Debit/Credit Card, Bank Transfer, Wire Transfer, SEPA, SWIFT, International Bank Transfer, Local Bank Transfer, PayPal, Skrill, Neteller, Google Pay, Apple Pay, USDT, TrustPay, EPS, PayRetailers, P2P
Swissquote
Visa, Mastercard, Bank Transfer, SWIFT, International Bank Transfer, Local Bank Transfer
The data shows that all these brokers support bank transfers and card payments, with Visa and Mastercard available across the group. FxPro and Capital.com offer the broadest sets of payment methods, combining cards, multiple bank transfer options, PayPal, Skrill, Neteller, USDT, cryptocurrencies and various regional solutions such as Boleto, Sofort, TrustPay and PayRetailers. TIOmarkets and HFM also support cards, several bank transfer routes, Skrill, Neteller, FasaPay, USDT and cryptocurrencies, but with fewer alternative and regional options than FxPro and Capital.com. Swissquote provides a narrower range focused on Visa, Mastercard and bank transfers via SWIFT, international and local routes, without e-wallets or cryptocurrencies.
FxPro
FxPro
| Regulated by | FCA, SCB |
| Currencies accepted for deposits/withdrawals | AED, AUD, CAD, CHF, EUR, GBP, INR, JPY, MYR, NGN, NZD, THB, USD, VND, ZAR |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTerminal, MT5 WebTrader, cTrader, TradingView, FxPro Trading App, FxPro Webtrader |
| Customer service languages available | arabic, bulgarian, danish, german, greek, english, spanish, estonian, finnish, french, hindi, hungarian, indonesian, italian, japanese, kazakh, korean, kurdish, lithuanian, latvian, malay, dutch, norwegian, polish, portuguese, romanian, russian, swedish, thai, turkish, ukrainian, urdu, vietnamese, chinese |
TIOmarkets
TIOmarkets
| Regulated by | FCA, FSA, MISA |
| Currencies accepted for deposits/withdrawals | AED, AUD, CAD, CZK, EUR, GBP, JPY, USD, ZAR |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTerminal, MT5 WebTrader, Autocopy, MAM/PAMM |
| Customer service languages available | arabic, english, spanish, french, hindi, indonesian, japanese, korean, malay, portuguese, thai, turkish, vietnamese, chinese |
HFM
HFM
| Regulated by | CMA, FCA, FSA, FSC, FSCA, SVGFSA |
| Currencies accepted for deposits/withdrawals | EUR, GBP, IDR, KES, NGN, THB, USD, ZAR |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), HFM Platform |
| Customer service languages available | arabic, bangla, german, greek, english, spanish, persian, french, hindi, indonesian, italian, japanese, korean, malay, portuguese, thai, urdu, vietnamese, chinese |
Capital.com
Capital.com
| Regulated by | ASIC, FCA, SCB |
| Currencies accepted for deposits/withdrawals | AED, CHF, EUR, GBP, USD |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| Customer service languages available | arabic, english, spanish, french, italian, dutch, polish, portuguese, russian, chinese |
Swissquote
Swissquote
| Regulated by | DFSA, FCA, FINMA, SFC |
| Currencies accepted for deposits/withdrawals | CHF, EUR, GBP, USD |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD (Integrated with TradingView.com) |
| Customer service languages available | arabic, german, english, spanish, french, italian, polish, russian, chinese |
Forex Brokers FAQs
Is trading Oil online safe in the UK and how do I check if a broker is regulated?
Safety depends mainly on whether the broker is authorised and regulated by the Financial Conduct Authority (FCA). You can check this by searching the firm’s name or registration number on the FCA’s Financial Services Register and making sure you are on the broker’s official website, not a clone.
How are spreads, commissions and overnight fees charged when I trade Oil?
Most UK brokers offer Oil as a CFD with the main cost built into the spread between the buy and sell price, and some may also charge a separate commission per trade. If you hold positions overnight, you usually pay or receive a swap/financing charge based on the notional value of your Oil position and current interest rates, so it’s important to check the broker’s contract specifications.
What’s the difference between WTI and Brent when I trade Oil?
Brent and WTI are two key crude Oil benchmarks; Brent reflects North Sea crude and is widely used as the global pricing reference, while WTI is a US-based benchmark delivered in Cushing, Oklahoma. Prices often move together but can diverge due to regional supply, storage and transport dynamics, so your choice affects which contract you track and the specific news that drives it.
How do I start trading Oil with a UK broker as a beginner?
You usually open a CFD or spread betting account, complete identity and appropriateness checks, then fund the account with a payment method accepted in the UK, such as bank transfer or card. Many brokers offer a demo account, which lets you practise trading Oil with virtual funds before committing real money.
Can I use leverage when trading Oil and what risk does it add?
Leverage lets you control a larger Oil position with a smaller deposit, but it also magnifies both profits and losses. In the UK, retail leverage on Oil is capped under FCA and ESMA rules, and you get negative balance protection, yet you can still lose your entire margin quickly if the market moves against you.
Do I pay tax on profits from Oil trading in the UK?
If you trade Oil via CFDs, any net profits are generally subject to Capital Gains Tax above your annual allowance, while losses may be offset against gains; you should keep detailed records. Profits from financial spread betting are currently free from UK Capital Gains Tax and Stamp Duty, but tax treatment depends on your personal circumstances and may change, so consider speaking to a tax adviser.
Why does Oil move so much around OPEC meetings and economic data releases?
Oil prices react strongly to any news that affects expectations for supply and demand, and OPEC+ decisions directly influence production levels. Major economic releases, such as US inventory data, GDP figures or inflation reports, can also shift demand expectations and trigger sharp moves, which is why many traders reduce size or adjust stops around these events.
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Our Editorial Process
Our editorial team personally tests each broker with real accounts. We evaluate spreads, execution speed, customer support, and withdrawal times over a 3-month period. Every broker on this list has been independently verified by at least two members of our research team to ensure accuracy and fairness in our recommendations.