Company

Spread

for USCRUDE

Min.

Deposit

Platforms

Offered

Account

Types

Spread

Type

Funding

Methods

Customer

Support

Execution

Details

Plus500

Offers two ways to trade: CFDs, Forex

 Listed on the LSE AIM market
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Your capital is at risk
£100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
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  • Fixed
  • Variable

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  • Market Maker
  • DMA
  • ECN
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Trust Score:

B

Used by:

155,000

Established in:

2008

Regulated by:

Financial Conduct Authority (F...

AvaTrade

Offers four ways to trade: Forex, Spread betting, CFD trading, and options trading

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Your capital is at risk
€/£/$100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
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  • Market Maker
  • DMA
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Trust Score:

AAA

Used by:

200,000

Established in:

2006

Regulated by:

Central Bank of Ireland, ASiC ...

See DetailsTry a Demo
Your capital is at risk

eToro

Offers two ways to trade: CFD trading, and social trading

eToro Image
See Details Try a Demo
Your capital is at risk
$50Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
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  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
Trust Score:

AAA

Used by:

6,000,000

Established in:

2006

Regulated by:

Financial Conduct Authority, C...

See DetailsTry a Demo
Your capital is at risk

ETX Capital

Offers three ways to trade: Forex, Spread betting, CFD and Binary options

ETX Capital Image
Your capital is at risk
$100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

IG

Offers four ways to trade: Forex, Spread Betting, CFD, Stock trading and Binary options

IG Image
Your capital is at risk
£200Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
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  • PayPal
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  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

London Capital Group

Offers one way to trade: Forex

London Capital Group Image
Your capital is at risk
$100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
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  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

City Index

Offers three ways to trade: Forex, CFDs, Spread Betting

City Index Image
Your capital is at risk
£25Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

Finspreads

Offers one way to trade: Forex

Finspreads Image
Your capital is at risk
£50Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

XM

Offers five ways to trade: Forex, Commodities, Equity Indices, Precious Metals, Energies

XM Image
Your capital is at risk
$5Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

Admiral Markets

Offers two ways to trade: Forex, CFDs

Admiral Markets Image
Your capital is at risk
$200Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk
CFDs are leveraged products and can result in the loss of your capital. All information collected on 1/11/2017.
Trading Energies

The Ultimate Guide to

Choosing a Broker
For Trading Energies

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

Ready?

Part 1

Why Choose Plus500
For Trading Energies?

Plus500 scored best in our review of the top brokers for trading energies, which takes into account 120+ factors across eight categories. Here are some areas where Plus500 scored highly in:

  • 9+ years in business
  • Offers 2000+ instruments
  • A range of platform inc. Web Trader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.01% pips
  • Used by 155,000+ traders
  • Offers demo account
  • 2 languages
  • Leverage up to 1:300

Plus500 offers two ways to trade: CFDs, Forex. If you wanted to trade USCRUDE through copy trading or other means, skip to part two.

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

Plus500 have a B trust score, which is good. This is largely down to them being regulated by Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14), segregating client funds, being established for over 9 years, and much more. For comparison:

Trust Score comparsion

Plus500 AvaTrade eToro
Trust Score B AAA AAA
Year Established 2008 2006 2006
Regulated by Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14) Central Bank of Ireland, ASiC , FSA, FSB and BVI Financial Conduct Authority, CySEC
Uses tier 1 banks
Company Type Public Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We've compared these in detail in part three of this guide.

Part 2

Who Plus500 is (& Isn’t)
Suitable For

As mentioned, Plus500 allows you to trade in two ways: CFDs, Forex.

Suitable for:

  • CFD Trading
  • Forex Trading

Not Suitable for:

To trade with Plus500, you'll need a minimum deposit of $1. Plus500 offers a range of different account types for different traders including a micro account, mini account, .

Finally, Plus500 isn't available in the following countries: Belgium, US, Canada some Arab and Middle eastern countries, China, Singapore, Indonesia, Philippines. They do not offer islamic accounts either.

Part 3

A Comparison of Plus500 vs. AvaTrade vs. eToro


Want to see how Plus500 stacks up against AvaTrade and eToro? We've compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Plus500 AvaTrade eToro
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.01% 1.0 3.0
GBP/USD Spread 0.01% 1.8 4.0
Crude Oil Spread 0.08% 0.03 5.0
Gold Spread 0.03% 0.60 45.0
DAX Spread 0.01% 1.5 100.0
FTSE 100 Spread 0.02% 1.0 100.0
S&P500 Spread 0.02% 0.25 100.0

Comparison of account & trading features

Plus500 AvaTrade eToro
Spread type Fixed AAA AAA
EUR/USD Spread 2008 2006 2006
EUR/GBP Spread Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14) Central Bank of Ireland, ASiC , FSA, FSB and BVI Financial Conduct Authority, CySEC
Crude Oil Spread
Gold Spread Public Private Private
DAX Spread

Part 4

Energy Futures Overview

Energy resources are essential to the everyday life of ordinary people like you and me. These valuable resources include crude oil, natural gas, heating oil, coal and gasoline. Energy commodities are traded on the energy commodity markets around the world. Oil and natural gas provide the raw materials for electricity which is necessary for the operation of many businesses as well as for the provision of power across the world. Natural gas is used for cooking and heating oil provides heat to shield against cold weather. Gasoline is used as fuel for transportation purposes as well as other purposes.

History of Trading Energy on the Commodities Markets

The first place in recorded history where commodities trading took place in an official manner, was the Amsterdam Stock Exchange. On this market, traders were involved in short selling and trading through forward contracts and options. This was as early as the year 1530. Over time, the trading of commodities became more popular across several cities around the world. However, up until the 1800s, commodities trading was a rare occurrence.

By 1864, the Chicago Board of Trade (CBOT) was established in Chicago in the United States. This exchange started with the trading of agricultural commodities such as wheat, soybeans, and corn. As time evolved, rules were implemented regarding the quality standards that were required in order to participate in the commodities trading markets. The Commodity Price Index (CPI) was developed in 1934 and consists of a list of commodities and their corresponding prices. This index is still used today. Commodity Index Funds were established in the 1990s and are funds where the resources are invested in financial instruments that are linked to commodities.

Due to the volatility of energy commodity prices such as oil prices and gasoline prices, a futures market quickly developed for energy commodities. These futures contracts provide a hedge against price volatility by locking in prices.

Top Energy Commodity Exchanges

Some of the more popular commodity exchanges on which energy is traded include:
European Energy Exchange (EEX)
• Chicago Mercantile Exchange (CME)
• New York Mercantile Exchange (NYMEX)
• Australian Securities Exchange (ASX)
• NYSE Euronext
• Tokyo Commodity Exchange (TOCOM)
• Multi Commodity Exchange (MCX)
The World Bank has published a commodity trading outlook report for 2017.