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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.

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IG

With IG, you can choose to trade more than 80 currency pairs – from majors, such as GBP/USD to exotics such as HUF/EUR. You can trade these forex pairs via CFDs or spread bets. Get spreads from just 0.6 points on pairs like EUR/USD with the UK’s No.1 FX provider.

June Felix, IG CEO

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Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Trade forex on over 300 forex pairs, including EUR/USD, GBP/USD and AUD/USD, plus our customised range of 12 forex indices​. Spreads on EUR/USD, AUD/USD and USD/JPY start from just 0.7 points. CMC USD Index​ spreads from 0.25.

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Pepperstone

Trade 61+ currency pairs with deep liquidity with pricing from multiple sources. Get some of the lowest forex spreads on the market with raw spreads from 0.0 pips on Razor accounts Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

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Fineco Trade 50+ Global Forex pairs Forex pairs with Fineco Fineco Forex spread are as low as, GBP/USD 1, EUR/USD 0.8, EUR/GBP 1

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

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Saxo Capital Markets

Access 182 FX pairs across majors, minors and exotics, plus spot metals, from only 0.4 pips Ultra-competitive FX spreads and trade major FX pairs from 0.4 pips. Competitive entry prices and even lower rates for active forex traders. Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

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XTB XTB Brokers

Trade 48 currency pairs, 24 hours, 5 days a week, micro-lot trading available Low forex spreads from 0.1 pips on EURUSD, 0.3 pips on GBPUSD and 0.02 on AUDUSD.

Arnaout Omar Omar Arnaout

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Spreadex Financials

Spreadex

Speculate on over 60 currency pairs with advanced technical analysis tools including Pattern Recognition, ProTrend Lines and advanced indicators plus drawing tools Low spreads from 0.6 pts on EUR/USD and 0.9 pts on GBP/USD with 24 hour trading on most FX markets

Jonathan Hufford

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Plus 500

Trade FX CFDs on 60+ Forex Pairs like EUR/USD, GBP/USD and EUR/GBP with up to 1:30 leverage Variable Forex spreads on currency markets. Plus500 does not charge additional Forex dealing commissions. Coming Soon Visit Plus 500

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City Index

Trade on 84 global FX pairs like EUR/USD, GBP/USD and USD/JPY at City Index with fast execution and tight spreads Trade forex CFDs, DFT or spread bets with tight spreads from 0.5pts on major FX pairs Coming Soon Visit City Index

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eToro

Trade CFDs on 47 of the most popular currency pairs with trades based in USD with eToro Forex Forex spreads are variable and trading costs are built into the price. Daily finance is charged on overnight positions.

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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. ETX also offer binary options.

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.

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