Compare the best brokers for trading USO-oil fund. All brokers in this list are authorised and regulated by the FCA.

Ensure that you are using the best platforms for trading USO-oil fund. Here is a comparison list of the best accounts for trading USO-oil fund:

CFDs & spread betting carries a high level or risk and losses can exceed your deposits.

Featured Trading BrokersAccount TypesKey InformationTypical CostsMore Info

IG

CFDs: Yes
Spread Betting: Yes
Direct Market Access: Yes
Pro Account: Yes
Investments: Yes
Futures & Options: No
Total Markets: 17,000
Active Clients: 178,000
Minimum Deposit: £250
Founded: 1974
Inactivity Fee: £12 pm
HQ: London, UK
EURUSD: 0.6 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.3 points
UK Shares: 0.10%
US Shares: 0.10%
See Offer
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

CFDs: Yes
Spread Betting: Yes
Direct Market Access: Yes
Pro Account: Yes
Investments: No
Futures & Options: No
Total Markets: 9,300
Active Clients: 53,308
Minimum Deposit: £100
Founded: 1989
Inactivity Fee: £10 pm
HQ: London, UK
EURUSD: 0.7 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.3 points
UK Shares: 0.10%
US Shares: 2¢ per share
See Offer
73% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider

Pepperstone

CFDs: Yes
Spread Betting: Yes
Direct Market Access: No
Pro Account: Yes
Investments: No
Futures & Options: No
Total Markets: 178
Active Clients: na
Minimum Deposit: £100
Founded: 2010
Inactivity Fee: £0 pm
HQ: Melbourne, Australia
EURUSD: 0.13 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.05 points
UK Shares: na
US Shares: na
See Offer 79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider

City Index

CFDs: Yes
Spread Betting: Yes
Direct Market Access: No
Pro Account: Yes
Investments: No
Futures & Options: No
Total Markets: 12,000
Active Clients: 295,000
Minimum Deposit: £100
Founded: 1983
Inactivity Fee: £12 pm
HQ: London UK
EURUSD: 0.5 pips
UK 100: 1 point
Wall Street: 2 points
Gold: 0.3 points
UK Shares: 0.08%
US Shares: 1.8¢ per share
See Offer74% of retail investor accounts lose money when trading CFDs with this provider

Trade Nation

CFDs: Yes
Spread Betting: Yes
Direct Market Access: No
Pro Account: Yes
Investments: No
Futures & Options: No
Total Markets: 2,500
Active Clients: 7,500
Minimum Deposit: £5
Founded: 2020
Inactivity Fee: £0 pm
HQ: London UK
EURUSD: 0.6 pips
UK 100: 0.4 points
Wall Street: 1 point
Gold: 0.4 points
UK Shares: 0.1%
US Shares: 2¢ per share
See Offer
57.1% of retail investor accounts lose money when trading CFDs with this provider

Markets.com

CFDs: Yes
Spread Betting: Yes
Direct Market Access: No
Pro Account: Yes
Investments: No
Futures & Options: No
Total Markets: 8,000
Active Clients: 11,000
Minimum Deposit: £100
Founded: 2008
Inactivity Fee: $10 pm
HQ: Cyprus
EURUSD: 0.6 pips
UK 100: 2 points
Wall Street: 2 point
Gold: 0.5 points
UK Shares: 0.1%
US Shares: 0.1%
See Offer
77% of retail investor accounts lose money when trading CFDs with this provider

ETX Capital

CFDs: Yes
Spread Betting: Yes
Direct Market Access: No
Pro Account: Yes
Investments: No
Futures & Options: No
Total Markets: 5,000
Active Clients: 55,000
Minimum Deposit: £100
Founded: 2007
Inactivity Fee: £25 pm
HQ: London UK
EURUSD: 0.6 pips
UK 100: 1 point1
Wall Street: 4 points
Gold: 0.4 points
UK Shares: 0.1%
US Shares: 2¢ per share
See Offers77.4% of retail investor accounts lose money when trading CFDs with this provider

Spreadex Financials

Spreadex

CFDs: Yes
Spread Betting: Yes
Direct Market Access: Yes
Pro Account: Yes
Investments: No
Futures & Options: No
Total Markets: 10,000
Active Clients: 60,000
Minimum Deposit: £100
Founded: 1999
Inactivity Fee: £0
HQ: St Albans, UK
EURUSD: 0.6 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.4 points
UK Shares: 0.1%
US Shares: 0.15%
See Offer
69% of retail investors lose money when trading spread bets and CFDs with this provider

Saxo Markets

CFDs: Yes
Spread Betting: No
Direct Market Access: Yes
Pro Account: Yes
Investments: Yes
Futures & Options: Yes
Total Markets: 19,000
Active Clients: 525,000
Minimum Deposit: £500
Founded: 1992
Inactivity Fee: £25 pq
HQ: Copenhagen, Denmark
EURUSD: 0.6 pips
UK 100: 1 point
Wall Street: 3 points
Gold: 0.6 points
UK Shares: 0.05%
US Shares: 2¢ per share
See Offer
70% of retail investor accounts lose money when trading CFDs with this provider

Fineco

CFDs: Yes
Spread Betting: No
Direct Market Access: Yes
Pro Account: Yes
Investments: Yes
Futures & Options: Yes
Total Markets: 180
Active Clients: na
Minimum Deposit: £100
Founded: 1999
Inactivity Fee: £0 pm
HQ: Reggio Emilia, Italy
EURUSD: 0.8 pips
UK 100: 6 points
Wall Street: 6 points
Gold: 0.3 points
UK Shares: 0.05%
US Shares: na
See Offer 70.50% of retail investor accounts lose money due to CFD trading with FinecoBank
Interactive Brokers

Interactive Brokers (IBKR)

CFDs: Yes
Spread Betting: No
Direct Market Access: Yes
Pro Account: Yes
Investments: Yes
Futures & Options: Yes
Total Markets: 7,100
Active Clients: 607,000
Minimum Deposit: $100
Founded: 1978
Inactivity Fee: $20 pm
HQ: Connecticut, USA
EURUSD: 0.20 basis point
UK 100: 0.005%
Wall Street: 0.005%
Gold: na
UK Shares: 0.05%
US Shares: 2¢ per share
See Offer64% of retail investor accounts lose money when trading CFDs with IBKR

XTB

XTB Brokers

CFDs: Yes
Spread Betting: No
Direct Market Access: Yes
Pro Account: Yes
Investments: Yes
Futures & Options: Yes
Total Markets: 1,981
Active Clients: 149,304
Minimum Deposit: £100
Founded: 2002
Inactivity Fee: €25 pm
HQ: Warszawa, Poland
EURUSD: 0.6 pips
UK 100: 0.9 point
Wall Street: 2 points
Gold: 0.3 points
UK Shares: 0.08%
US Shares: 0.08%
See Offer79% of retail investor accounts lose money when trading CFDs with this provider

eToro

CFDs: Yes
Spread Betting: No
Direct Market Access: No
Pro Account: Yes
Investments: No
Futures & Options: No
Total Markets: na
Active Clients: 12,000
Minimum Deposit: $50
Founded: 2006
Inactivity Fee: $10 pm
HQ: Limassol, Cyprus
EURUSD: 0.3 pips
UK 100: 1.5 points
Wall Street: 6 points
Gold: 0.45 points
UK Shares: 0.9%
US Shares: 0.9%
See Offer75% of retail investor accounts lose money when trading CFDs with this provider

Plus 500

CFDs: Yes
Spread Betting: No
Direct Market Access: No
Pro Account: Yes
Investments: No
Futures & Options: No
Total Markets: 2,000
Active Clients: 199,750
Minimum Deposit: $100
Founded: 2008
Inactivity Fee: $10 pm
HQ: Haifa, Israel
EURUSD: 0.8 pips
UK 100: 2 points
Wall Street: 4 points
Gold: 0.59 points
UK Shares: na
US Shares: na
See Offer76.4% of retail investor accounts lose money when trading CFDs with this provider

The USO-oil fund is a security whose value is linked to a type of crude oil known as West Texas Intermediate. Essentially, it’s a type of CFD as an ETF. If the oil increases in price, the security increases in value. However, it will lose value if the value of the oil drops. The price of oil can fluctuate dramatically, just like any other commodity. However, in the past, it has tended to go up over time. This makes USO-oil fund securities very appealing to traders. But which broker should you use when buying or selling USO-oil fund securities? We’ve come up with a list of the top five, and their advantages.

1. ETX Capital

The main appeal of CFD broker ETX Capital is its experience and prestige making it one of the best brokers for trading USO-oil fund. Founded in 1965, it has won numerous awards since its inception (including the 2013 Investment Trends Award for Best Value for Money) and is a respected part of the London Stock Exchange to this day. It provides very tight spreads for spread betting, even offering new traders a bonus of up to £3,750, which should be very tempting for those wishing to quickly maximise their profits.

2. Core Spreads

Another of the best spread betting brokers for trading USO-oil fund is Core Spreads offer even tighter spreads than ETX Capital for traders who wish to minimise the cost of spread betting. They also provide a 50% rebate on traders’ first month of costs, which may incentivise you to give them a try. Core Spreads’ simple interface also makes it ideal for inexperienced traders who may not have used broker software extensively.

3. Ayondo

Ayondo is one of the country’s most cutting-edge brokers, placing an emphasis on social trading. This enables you to watch other traders and easily replicate their trades. If you’re new to trading and want to learn from more experienced traders while still making money, Ayondo is the perfect platform for you.

4. eToro

Like Ayondo, eToro focuses on being a social trading broker, therefore empowering you to learn from other traders.

There are other options available, including forex broker InterTrader  and CMC Markets, which has a rebate scheme for large-scale traders. However, the five brokers that we’ve listed in today’s blog are probably the best choices if you are looking for simple, powerful brokers and platforms with good incentives.

You may also be interested in: