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 94 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.