Oil Broker
Although there are plenty of regulated forex brokers, only very few offer oil futures trading as well. Choosing a regulated broker is recommended, to make sure your funds are stored in a safe and secure place.
We have partnered with a leading Internet broker, Easy-Forex LTD. This fully licensed Foreign Exchange and Futures broker was founded in 2001 by a team of experienced traders and IT professionals. Easy-Forex offers a wide variety of instruments: 33 currency pairs, gold & silver, and Crude Oil Futures (WTI Oil, Brent Oil, Heating Oil, and Gas Oil).
Regulation
Easy-Forex is a fully licensed brokerage regulated under the USA NFA (National Futures Association) and the USA CFTC (Commodity Futures Trading Commission). It is also licensed in the European Union under registration number EU CySEC 079/07, and in Australia with license number ASIC AFSL 246566
Although licensed in the USA, Easy-Forex cannot offer oil trading to US clients. Americans are allowed to register and trade currencies with Easy-Forex, but regulation prohibits them from offering oil futures to US citizens (Read why, and how Americans can trade oil).
Personal Support
When signing up with Easy-Forex broker you will be getting a personal account manager. This Account Service Manager will work closely with you over the phone, email and by their Chat system. VIP clients (minimal deposit $10,000) get a dedicated Personal Dealer that provides coaching and mentoring, professional market insights and exclusive technical and fundamental reports. For beginners there are seminars, one-on-one trainings, and telephone support for help with your trading.
Web-based Trading and MetaTrader
Easy-Forex offers a web-based trading platform, which means that you can trade from any computer with an Internet browser. It offers the unique feature ‘Inside Viewer’ that provides you with an insight into the aggregated open trades at any moment. Another tool, the ‘Popularity View’, provides real-time insight into the most popular currencies being trade.
If you prefer to trade with the downloadable traders platform MetaTrader 4 instead, just ask your account manager and he/she will get you going.
Trading Accounts for Everyone
There are four different accounts to choose from. Mini accounts have a minimum first deposit of $200, Gold accounts a minimum of $500, Platinum $5,000 and VIP accounts need to be funded with at least $10,000. Easy-Forex broker also offers trading accounts that adhere to the Islamic law (Sharia).
Sign up with Easy-Forex, or for more details go to the Easy-Forex facts page
Other Oil Brokers
Besides our business partner Easy-Forex, there are several other Internet brokers that offer crude oil trading. Because non of them is legislated in the US, they can offer oil trading to Americans as well.
Traders from the Netherlands can take a look at Beleggen in Olie
