Oil Trading Forex Brokers

An assorted list of Forex brokers that provide all traders with the opportunity to trade oil and sometimes other types of commodities. Oil price is strongly connected to the currency rates, that's why the oil market often brings a good chance to the Forex traders to increase their usual profit. You will find 97 brokers listed in the table below.

The advantages of being able to trade such an important commodity as oil are obvious. There are following reasons to go with an online FX broker that also offers oil:

You want to be able to hedge some of your currency trades with oil positions.
Trading common Brent or WTI futures is not available to you for some reason.
You want leverage as high as possible for your energy positions.
You need oil charts for correlation analysis of your foreign exchange trades.

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Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $6.6 trillion. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor.

Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.

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