Oil trading
Take advantage of rising and falling crude oil markets with CFDs, on the SG's best trading platform.1
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Why trade oil with us?
Range of markets
Trade CFDs on US Crude, Brent Crude, Heating Oil, Natural Gas and No Lead Gasoline
Keep your costs down
Get competitive prices for CFDs on Brent and US Crude – with spreads from just 2.8 points
Trade continuous oil markets
Take a position on CFDs on oil spot prices with our unique undated market offering
Protect your capital
Attach a guaranteed stop to minimise your risk – even when markets are volatile
Discover your route to the markets
Deal on oil and oil-linked ETFs with our leveraged services, depending on your goals
Get trade ideas in real-time
See minute-by-minute news updates on oil markets with our in-platform Reuters feed
What is oil trading?
Trade oil to speculate on whether the commodity’s market price will rise or fall. With us, you won’t have to take ownership of the underlying asset or worry about physical delivery.
How can I trade oil in the SG?
- Open a trading account
- Find an opportunity
- Take a position
- Monitor your trade
Which is better: undated markets or oil futures?
You can trade oil markets on our undated ‘spot’ markets or futures prices – both available through CFDs. Your choice will depend on your experience level and trading strategy.
Undated oil markets
Our proprietary ‘spot’ prices. They cost less to open, but you’ll pay an overnight funding charge.
- Take short-term positions – suitable for beginners and experienced traders
- Reflective of the underlying market but with no fixed expiries
- Perform technical analysis over the longer term with continuous charting
Oil futures
Contracts to buy and sell oil at a set price on a set date in the future. They cost more to open, but less to hold overnight.
- Trade over a longer time period with no overnight funding fees
- Positions still open at expiry and will get rolled over to the next month
- Get a clear overview of your contract’s price within its date range
Start trading oil now
Start trading oil now
Fast execution on a huge range of markets
Enjoy flexible access to more than 13,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
Start trading oil now
Start trading oil now
Fast execution on a huge range of markets
Enjoy flexible access to more than 13,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
Start trading oil now
Log in to your account now to access today’s opportunity in a huge range of markets.
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Start trading oil now
Log in to your account now to access today’s opportunity in a huge range of markets.
Popular oil markets to watch
Take advantage of a range of oil markets, including:
- Crude oil markets
Trade popular oil types such as Brent Crude or West Texas Intermediary (US Crude) - Oil companies
Speculate on the future of companies within the oil industry by buying and selling CFDs on shares - Oil-linked ETFs
Get diversified exposure to oil or oil companies via an exchange traded fund (ETF)
Looking for another commodity to trade? Use our market tool to find charts, data and news on the commodities you’re interested in.
Ways to trade oil with us
Trade CFDs on the price of oil and oil-linked assets.
| CFD trading | |
| What is it? | Speculate on whether an asset’s price will rise or fall between opening and closing your trade |
| Available markets | Oil company shares, commodity markets and oil-linked ETFs |
| Risk | Losses can exceed deposits |
| Learn more |
Oil CFD costs and details
Spreads
The spread is our charge for executing your trade, and your main cost when trading oil via CFDs. It is the difference between the buy and sell price that we wrap around the underlying market price.
Margin
CFDs are leveraged, which means you can trade for the fraction of the cost of buying oil outright. The deposit you pay to open a position is called margin.
| Market | Spread for oil futures | Spread for undated oil markets |
| Oil - US Crude | 6 | 2.8 |
| Oil - Brent Crude | 6 | 2.8 |
| Heating Oil | 30 | 20 |
| No Lead Gasoline | 30 | 30 |
| Market | Retail |
| Oil - US Crude | 20% |
| Oil - Brent Crude | 20% |
| Heating Oil | 20% |
| No Lead Gasoline | 20% |
Your spread will vary depending on whether you trade oil futures or undated contracts. Futures have a wider spread, but no overnight funding charges – so are more cost-effective for longer-term trades.
Your profit and loss are based on the full value of the position – not just the margin. So, leverage can magnify your profits, as well as your losses.
Start trading oil on the SG’s best trading platform1
Trade crude oil and other oil-linked markets on our suite of award-winning platforms.1
- Web-based platform
- Mobile trading app
- Meta Trader 4
Manage your opportunity with our user-friendly web trading platform.
You’ll find everything you need to trade oil markets, including risk management tools, our integrated Reuters feed and customisable alerts that notify you when your target price is hit.
Trade wherever you are, whenever you want with our trading apps for iOS and Android devices. You’ll get the same great features as the web app, including risk management tools and Reuters live stream.
Automate your trading and perform advanced analysis using over 18 bespoke apps with MT4 – a popular third-party platform for experienced traders.
Download it for free to start trading CFDs on oil spot prices, as well as other CFDs on commodities, forex pairs and indices.
Open your account
It's free to open an account, and there's no obligation to fund or trade.
Open your account
It's free to open an account, and there's no obligation to fund or trade.
Start trading today
Create a commodities trading account now.
Start trading now
Log in to your account now to access today’s opportunity in a huge range of markets.
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Start trading now
Log in to your account now to access today’s opportunity in a huge range of markets.
Get the latest oil news
You might be interested in…
Find out more about this flexible form of trading.
Manage your risk with our range of tools.
Discover our cutting-edge web and mobile platforms.
1 Winner for Mobile Platform / App based on the Investment Trends 2018 Singapore CFD & FX Report based on a survey of over 4,500 traders and investors. Awarded the Best Online Trading Platform by Influential Brands in 2019 and 2022.
Contact
New clients
+65 6390 5133
accountopening@ig.com.sg
Existing clients
+65 6390 5118
helpdesk@ig.com.sg
Lines open 24 hours
Monday - Friday
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Disclaimers:
- All forms of investments carry risks and trading CFDs may not be suitable for everyone. CFDs are leveraged instruments and can result in losses that exceed deposits, so please ensure that you fully understand, and are aware of, the risks and costs involved. Refer to the Risk Disclosure Statement and Risk Fact Sheet.
- IG Asia Pte Ltd (Co.Reg.No. 200510021K) is regulated by the Monetary Authority of Singapore and holds a capital markets services licence for dealing in capital markets products that are over-the-counter derivatives contracts and is an exempt financial adviser.
- IG provides an execution-only service. The information in this advertisement does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. You should consider your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
- The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
- This advertisement has not been reviewed by the Monetary Authority of Singapore.
