A user asks: What platform is the best for commodities specifically oil?
It’s not a simple answer as it depends on what type of oil trading you want to do. I’ll run through the various different types of oil trading and the various brokers that are around for oil trading.
Oil is one of the most popular commodities for trading and can be done through any commodities broker, but first of all, if you are interested in trading oil, you should read our guide to trading and investing in oil. It covers the most popular oil contracts and how to trade them. We have also put together individual guides on the different types of oil, for example:
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Richard founded the Good Money Guide (previously Good Broker Guide) in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.