Trading gasoline, or petrol, is a popular means of accessing the energy market given its strong correlation to oil. Prices can be affected by a range of factors, from distribution costs to geo-political events. Gasoline is tradable via futures and options, as well as CFDs and stocks. In this tutorial, we dive into the basics of the commodity, the factors that drive prices, and how you can start trading at the top gasoline brokers.
Best Gasoline Brokers UK
Investing involves risk. Asset prices can move rapidly and you may lose some or all money invested. Never invest more than you can afford to lose.Advertising disclosure
Our picks at a glance
- 1 Pepperstone Top score: Platforms 4.8 Info Visit Pepperstone
- 2 XTB Top score: Trust 4.8 Info Visit XTB
- 3 eToro Top score: Trust 4.0 Info Visit eToro
- 4 Vantage Top score: Trust 4.7 Info Visit Vantage
- 5 Plus500 Top score: Trust 4.1 Info Visit Plus500
- 6 FxPro Top score: Mobile 4.4 Info Visit FxPro
- 7 Axi Top score: Mobile 3.7 Info Visit Axi
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Our top pick
Founded in Australia in 2010, Pepperstone is a leading forex and CFD broker serving over 830,000 clients globally. It provides access to 1,400+ instruments through MT4, MT5, cTrader and TradingView, with low, transparent pricing. Regulated by the FCA, ASIC and CySEC, Pepperstone offers a secure trading environment for all experience levels.
- Instruments
- CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto CFDs (only Pro clients), Spread Betting
- Regulator
- FCA, ASIC, CySEC, BaFin, DFSA, SCA, SCB, CMA-Kenya
- Platforms
- Pepperstone Trading Platform, MT4, MT5, cTrader, TradingView
- Min. Deposit
- $0
- Min. Trade
- 0.01 Lots
- Leverage
- 1:30 (Retail), 1:500 (Pro)
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 73-89% of retail investor accounts lose money when trading CFDs.
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Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.
- Instruments
- CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, Real shares, Real ETFs
- Regulator
- FCA, CySEC, KNF, DFSA, FSC, SCA, CMF, Bappebti
- Platforms
- xStation
- Min. Deposit
- $0
- Min. Trade
- 0.01 Lots
- Leverage
- 1:30 (Retail), 1:200 (Pro)
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
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eToro is a leading multi-asset platform offering CFDs, shares and cryptoassets. Founded in 2007, it serves millions of active traders worldwide and is regulated by the FCA and CySEC. It is well known for its social trading platform.
Crypto investments are high risk and may not suit retail investors. You could lose all your capital. Understand the risks here. 55% of retail CFD accounts lose money.
- Instruments
- CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs
- Regulator
- FCA, CySEC, MiCA, MFSA, FSRA, ASIC, FSAS, MAS, GFSC
- Platforms
- eToro Web, CopyTrader, TradingCentral
- Min. Deposit
- $50
- Min. Trade
- $10
- Leverage
- 1:30
55% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
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Founded in 2009, Vantage provides access to over 1,000 short-term CFD products for millions of clients. Trade Forex CFDs from 0.0 pips via RAW accounts on TradingView, MT4 or MT5. FCA-regulated, Vantage segregates client funds and offers social trading tools for copy traders.
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting
- Regulator
- FCA, ASIC, FSCA, VFSC, CIMA
- Platforms
- ProTrader, MT4, MT5, TradingView, TradingCentral, DupliTrade
- Min. Deposit
- $50
- Min. Trade
- 0.01 Lots
- Leverage
- 1:30
72.65% of accounts lose money when trading CFDs with this provider.
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Founded in 2008 and based in Israel, Plus500 is a leading brokerage with over 25 million registered traders across more than 50 countries. It focuses on CFD trading, offering a user-friendly proprietary platform and mobile app. The company provides competitive spreads and does not impose commissions or charges for deposits or withdrawals. Plus500 stands out as a highly trusted broker, licensed by respected authorities such as the FCA, ASIC, and CySEC.
- Instruments
- CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options
- Regulator
- FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI
- Platforms
- WebTrader, App
- Min. Deposit
- $100
- Min. Trade
- Variable
- Leverage
81% of retail CFD accounts lose money.
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Founded in 2006, FxPro is a respected NDD broker providing access to over 2,100 markets. Serving over 2 million global clients, it has won more than 145 industry awards for its trader-friendly conditions.
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting
- Regulator
- FCA, CySEC, FSCA, SCB, FSA
- Platforms
- FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower
- Min. Deposit
- $100
- Min. Trade
- 0.01 Lots
- Leverage
- 1:30 (Retail), 1:500 (Pro)
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Founded in 2007, Axi is a forex and CFD broker operating under multiple regulations. Over the years, it has enhanced the trading experience by broadening its stock offerings, upgrading the Axi Academy, and launching a proprietary copy trading app.
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities
- Regulator
- FCA, ASIC, FMA, DFSA, FSC
- Platforms
- Axi Copy Trading, MT4, AutoChartist
- Min. Deposit
- $0
- Min. Trade
- 0.01 Lots
- Leverage
- 1:30
72.4% of retail investor accounts lose money when trading CFDs with this provider
Compare
Safety Comparison
Compare how safe the Gasoline are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
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4.6 | ||||
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4.6 | ||||
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4.3 | ||||
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4.6 | ||||
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4.4 | ||||
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4.4 | ||||
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3.8 |
Payments Comparison
Compare which popular payment methods the Gasoline support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
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Mobile Trading Comparison
How good are the Gasoline at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
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iOS & Android | 4.4 | 4.1 | |
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iOS & Android | 4.7 | 4.1 | |
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iOS & Android | 4.0 | 3.8 | |
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iOS & Android | 3.6 | 3.9 | |
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iOS, Android & Windows | 4.1 | 4.3 | |
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iOS & Android | 4.7 | 4.3 | |
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iOS & Android | 3.6 | 4.2 |
Beginners Comparison
Are the Gasoline good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
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$0 | 0.01 Lots | 4.6 | 4.0 | |
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$0 | 0.01 Lots | 4.3 | 3.8 | |
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$50 | $10 | 2.5 | 4.0 | |
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$50 | 0.01 Lots | 4.4 | 4.0 | |
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$100 | Variable | 4.0 | 3.0 | |
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$100 | 0.01 Lots | 4.0 | 4.0 | |
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$0 | 0.01 Lots | 3.8 | 3.8 |
Advanced Trading Comparison
Do the Gasoline offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
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Expert Advisors (EAs) on MetaTrader, cBots on cTrader | 1:30 (Retail), 1:500 (Pro) | |||||
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- | 1:30 (Retail), 1:200 (Pro) | |||||
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Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | 1:30 | |||||
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Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | 1:30 | |||||
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Expert Advisors (EAs) on MetaTrader, cBots on cTrader | 1:30 (Retail), 1:500 (Pro) | |||||
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Expert Advisors (EAs) on MetaTrader, Myfxbook | 1:30 |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Gasoline.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
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4.6 | 4.8 | 4.3 | 4.6 | 4.5 | 4.0 | 4.6 | 4.3 | 4.0 |
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4.6 | 4.0 | 4.4 | 4.6 | 3.9 | 4.0 | 4.3 | 4.1 | 3.8 |
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4.3 | 2.8 | 3.9 | 3.8 | 3.4 | 4.1 | 2.5 | 4.3 | 4.0 |
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4.6 | 4.3 | 3.8 | 4.5 | 4.4 | 4.5 | 4.4 | 4.0 | 4.0 |
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4.4 | 3.3 | 4.2 | 3.5 | 4.0 | 4.1 | 4.0 | 2.0 | 3.0 |
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4.4 | 4.3 | 4.5 | 4.0 | 4.0 | 3.8 | 4.0 | 4.0 | 4.0 |
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3.8 | 3.7 | 3.9 | 3.0 | 3.8 | 3.5 | 3.8 | 3.5 | 3.8 |
Our Take On Pepperstone
Pepperstone excels in trading with tight spreads, swift execution, and advanced charting for seasoned traders. Beginners enjoy zero minimum deposit, comprehensive educational materials, and outstanding 24/5 support, including 18-hour weekend assistance.
Tobias Robinson Reviewer
Pros
- Support for top-tier charting platforms such as MT4, MT5, TradingView, and cTrader. These tools accommodate different short-term trading methods, including algorithmic trading.
- Pepperstone offers pre-IPO perpetual futures, adding Anthropic in October 2026, enabling 24/7 speculation on expected share prices through cash-settled CFDs.
- In recent years, Pepperstone has significantly enhanced the deposit and withdrawal process. By 2025, clients can use Apple Pay and Google Pay, while 2024 saw the introduction of PIX and SPEI for customers in Brazil and Mexico.
Cons
- Overnight holding fees exceed those of some Market Maker brokers (typically Benchmark + 2.5%). Pepperstone suits traders and forex scalpers well but is less ideal for swing traders who keep positions open overnight.
- Execution might not appear as dependable in rapid markets as headline speeds imply. Our tests showed swift execution at targeted prices. However, community feedback highlights concerns over slippage, stop-loss fills, and order triggers sensitive to spreads amid volatility.
- Although the market range has expanded, crypto CFD options remain somewhat restricted, especially when compared to specialised brokers like Eightcap. Additionally, there is no facility to invest in actual cryptocurrencies.
73-89% of retail investor accounts lose money when trading CFDs with this provider.
Our Take On XTB
XTB excels for novice traders with its superb xStation platform, minimal trading costs, no required deposit, and outstanding educational resources, many of which are fully integrated into the platform.
William Berg Reviewer
Pros
- In 2026, XTB expanded its asset offerings and markets. It introduced options trading in Spain and Germany, launched spot cryptocurrencies in select regions, and unveiled Investment Plans 2.0. These enhanced plans now feature more pre-built options, including sectors like Defence, a user-friendly interface, and increased flexibility to mix stocks and ETFs within individual plans.
- The xStation platform stands out with its user-friendly design and intuitive tools, such as adaptable news feeds, sentiment heatmaps, and a trader calculator. These features streamline the learning process for new traders.
- XTB offers a superb array of educational resources, such as training videos and articles, embedded within the platform to assist traders of all experience levels.
Cons
- XTB lacks a raw spread account, a feature increasingly offered by competitors such as Pepperstone. This omission might not satisfy traders seeking the most competitive spreads.
- The demo account lasts only four weeks, posing a challenge for traders wanting to fully explore the xStation platform and refine short-term strategies before investing actual money.
- XTB has stopped supporting MT4, restricting traders to its own platform, xStation. This decision may discourage experienced traders accustomed to using the MetaTrader suite.
74% of accounts lose money when trading CFDs with this provider.
Our Take On eToro
eToro's social trading platform excels with its outstanding user experience and lively community chat, aiding beginners in spotting opportunities. It offers competitive fees on numerous CFDs and real stocks, alongside exceptional rewards for seasoned strategists.
Tobias Robinson Reviewer
Pros
- In July 2026, eToro Edge introduced significant enhancements, including a charting package tailored for active traders and AI trading via Tori.
- The trading app provides a top-tier social environment featuring an engaging feed and community chat, which we enjoy using.
- The entry requirements for eToro Club have been reduced. For $4.99 monthly, members enjoy 18 benefits, including a debit card that converts purchases into stocks with a 4% share return.
Cons
- The absence of extra charting platforms such as MT4 may deter experienced traders who rely on external software.
- There are no assured stop-loss orders, which could be a valuable risk management tool for novice traders.
- The minimum withdrawal is set at $30, accompanied by a $5 fee. This may impact traders with limited funds, particularly those just starting out.
55% of retail CFD accounts lose money. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Our Take On Vantage
Vantage is an ideal choice for CFD traders looking for a well-regulated broker with access to the dependable MetaTrader platforms. With a swift sign-up process and a minimum deposit of $50, starting trading is simple and fast.
Tobias Robinson Reviewer
Pros
- Vantage upholds a high trust score through its solid reputation, backed by premier regulation from the FCA and ASIC.
- In 2026, the app was enhanced to provide comprehensive asset visibility, consolidating balances from Contract, Copy, and Funding accounts onto a single screen.
- Vantage has enhanced its trading tools for experienced traders, introducing AutoFibo EA to pinpoint potential market reversals.
Cons
- It's unfortunate that some clients must register with the offshore firm, which provides reduced regulatory safeguards.
- To access optimal trading conditions, a substantial deposit of $10,000 is required. This includes a commission of $1.50 per transaction per side.
- Based on tests, average execution speeds of 100ms to 250ms are slower compared to other options.
72.65% of accounts lose money when trading CFDs with this provider.
Our Take On Plus500
Plus500 provides a seamless experience for traders with its CFD platform, featuring a sleek design and interactive charting. However, its research tools are basic, fees are higher than the most economical brokers, and its educational resources could be improved.
Tobias Robinson Reviewer
Pros
- Plus500 offers a dedicated WebTrader platform tailored specifically for CFD trading. It features a user-friendly and streamlined interface.
- In 2025, Plus500 introduced new share CFDs in emerging sectors such as quantum computing and AI, presenting opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana.
- The broker provides low-commission trading across varied markets, reducing extra fees and attracting seasoned traders.
Cons
- Plus500's omission of MetaTrader and cTrader charting tools may deter seasoned traders seeking familiar platforms.
- Educational resources are not as extensive as leading brokers such as eToro, which affects beginners' ability to learn quickly.
- The lack of social trading features prevents users from copying trades made by seasoned traders.
81% of retail CFD accounts lose money.
Our Take On FxPro
FxPro is an excellent choice for traders, offering execution speeds under 8ms, reduced fees from 2022, and superb charting platforms like MT4, MT5, cTrader, and FxPro Edge.
Tobias Robinson Reviewer
Pros
- FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.
- FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
- FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
Cons
- Passive investment options, such as interest on cash or social trading platforms, are limited. While active traders might not notice, competitors like eToro, serving both active and passive investors, provide more comprehensive offerings.
- FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
- FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
Our Take On Axi
Axi excels for forex trading on MetaTrader 4 with over 70 currency pairs, MT4 NextGen features, and tight spreads starting at 0.2 pips on the Pro account.
Tobias Robinson Reviewer
Pros
- Axi provides an excellent MT4 experience, enhanced by the NextGen plug-in for sophisticated order management and analytics, with low execution latency around 30ms.
- In 2026, Axi launched an AI trading tool that lets MT5 users manage accounts and set up trades through Claude, advancing agentic trading.
- Axi Academy offers a wealth of educational resources, from free eBooks and video tutorials to interactive quizzes. These are particularly beneficial for novice traders.
Cons
- Axi lags by solely providing MT4, while competitors have upgraded to MT5, cTrader, TradingView, and bespoke platforms, delivering a smoother user experience with enhanced tools.
- Even with the expansion of stock CFDs in the US, UK, and EU markets, its range still falls short compared to companies like BlackBull, which provide thousands of equities for varied trading opportunities.
- Axi retains our confidence. However, recent issues with ASIC and FMA require it to maintain a secure environment and comply with licensing standards.
72.4% of retail investor accounts lose money when trading CFDs with this provider
Gasoline Trading Basics
RBOB gasoline (Reformulated Blendstock for Oxygenate Blending) is a fuel product which is manufactured by refining crude oil. As such, there is a strong correlation between gasoline and crude oil prices.
Gasoline is used primarily in transportation, including cars, motorbikes and aeroplanes, as well as fuel for farming, construction and forestry equipment. The United States is the world’s largest producer and consumer of gasoline. Other key suppliers are Middle Eastern countries such as Saudi Arabia and Iraq, as well as Russia, Canada and China.
Gasoline is commonly traded through derivatives such as futures and options via the New York Mercantile Exchange (NYMEX). You can also trade gasoline with online brokers using CFDs, as well as gasoline-related ETFs and stocks, such as ExxonMobil, BP and Shell.
The gasoline market can be volatile, with trading quotes impacted by crude oil, geo-political events, refining and distribution costs, and environmental concerns.
History & Production
In 1859, Edwin Drake discovered gasoline whilst distilling crude oil to produce kerosene. However, it was initially deemed a useless byproduct for several years. It wasn’t until the invention of the automobile in the 1890s that the widespread use of gasoline began. By 1920, 9 million road vehicles were fuelled by gasoline.
Gasoline is produced in oil refineries, which heat crude oil at various temperature points to separate it into various ‘fractions’ of component hydrocarbons. The boiling process produces gasoline as well as kerosene, diesel fuel and several other products. In the US, around 19 to 20 gallons of gasoline are produced from one 42-gallon barrel of crude oil.
Retail gasoline is sold in three grades: regular, midgrade and premium. These are determined by the octane levels which measure the resistance to combustion. Higher octane levels are more resistant which means the product is more stable and causes less wear and tear on a vehicle’s engine.
Largest Gasoline-Producing Countries
| Country | Volume (thousand barrels per day) |
|---|---|
| United States | 8,795.12 |
| Canada | 800.06 |
| Japan | 739.21 |
| Mexico | 550.32 |
| Germany | 445.52 |
| Australia | 273.61 |
| UK | 254.17 |
| South Korea | 227.98 |
| France | 210.43 |
| Italy | 167.67 |
Why Trade Gasoline?
Global events such as 9/11 and the COVID-19 pandemic have led to significant swings in the price of gasoline. For example, the impacts of the Ukraine War in 2021 caused an all-time high of £1.91 per litre. This has created trading opportunities at competitive brokers.
In recent years, fluctuations of 6% have caused volatile movements of £10 or more, compared to previous years. As such, speculation has become a key driver of market value. This can be attractive for retail traders with high-risk, high-reward strategies.
What Influences The Price Of Gasoline?
Crude Oil Prices
Crude oil constitutes around 65% of the value of gasoline, according to the US Energy Information Administration (EIA). The main factors that impact crude oil prices are the strength of the US dollar, political events, weather conditions, competition from renewable energy solutions, and the overall state of the economy.
Grade
Trading prices are often impacted by the performance of the three grades of gasoline, dependent on its octane levels (regular, midgrade, or premium).
For example, if there is a shortage of high-octane fuel, the gap between the price of regular and premium gasoline could widen.
Refining Costs
Known as the ‘refining spread’ or ‘crack spread’, these costs are the difference in the price of crude oil when it enters the refinery and when it leaves as gasoline.
In 2022, there was a unique scenario where gasoline retail quotes remained steady, despite crude oil prices falling. A review found that the refining spread was responsible for around 40% of this gap.
Distribution Costs
The cost of moving gasoline from its raw state to end customers makes up around 14% of the value of the product. This includes transporting gasoline to remote destinations, which can lead to higher prices.
Other costs include regulatory requirements in other jurisdictions, such as adding ethanol to the final product, as well as localised economic conditions, which can increase prices in wealthier areas.
Political Events
Political unrest in oil-producing countries can cause volatility in gasoline prices. For example, before the Russia-Ukraine war, Russia had been oversupplying its gasoline to Europe. However, Russia’s own requirement for supply during the war has led to an imbalance in the ratio of supply to demand.
Seasonal Patterns
Gasoline prices typically rise ahead of the summer months, when more cars are expected on the roads. Conversely in winter, prices usually fall in line with inclement weather conditions keeping cars off the roads.
How To Trade Gasoline
- Futures – Futures contracts are agreements to buy or sell gasoline at a specific price in the future. Investors can trade RBOB Gasoline Futures at the New York Mercantile Exchange as a hedge against the movements of crude oil.
- Options – The NYMEX also offers an options contract on gasoline futures. A successful options trade occurs when the future gasoline price finishes above the strike price, and the difference between the two is greater than the premium paid.
- Contracts For Difference (CFDs) – With CFDs, two parties exchange the difference between the buy and sell quotes of the gasoline contract. CFDs typically use margin, or leverage, to magnify position sizes. For example, CMC Markets offers spot gasoline CFDs with a minimum spread of 2.50 and a 10% margin.
- Shares – You can speculate on the stocks of companies involved in the extraction, production or distribution of gasoline, such as ExxonMobil, Shell or Chevron Corporation. Top brokers offering shares in such companies include IG Index.
- Exchange-Traded Funds (ETFs) – ETFs are baskets of shares that track a specific market. Currently, the only pure gasoline ETF is the United States Gasoline Fund LP, although many major brokers also offer broad energy-sector ETFs, such as the PowerShares DB Energy Fund.
Benefits Of Trading Gasoline
- Speculate on crude oil – Gasoline trading is strongly correlated with the performance of crude oil and can create exciting opportunities. Economic growth can lead to an imbalance of demand and supply for fossil fuels, and cause gasoline prices to rise.
- Geo-political events can increase prices – The Organisation of the Petroleum Exporting Countries (OPEC) often experience political instability which can create a bullish gasoline market. This makes gasoline trading particularly suited to those who enjoy fundamental analysis.
- Environmental concerns – Global warming events, such as hurricanes in the US, can disrupt the production of gasoline, causing prices to rise.
Risks Of Trading Gasoline
- Environmental and ethical concerns – There are moral challenges in speculating on increasing prices of gasoline, given its impact on pollution and global warming. This may lead to more competition for renewable energy solutions.
- Regulation – Governments recognising the environmental impact of gasoline can implement taxes to discourage demand. Gasoline is already heavily taxed in many jurisdictions, including the UK’s ‘fuel price escalator’ which was introduced in 1993.
- Weakened economies – Gasoline can be a risky market to trade during a global recession or economic downturn.
Comparing Gasoline Trading Brokers
- Available assets – Choose a broker with a good range of gasoline-related products, such as CFDs and gasoline company shares and ETFs.
- Fees – Compare the broker’s spreads and commissions on gasoline. For example, Plus500 offers a spread of 0.005 pips on RB Gasoline with zero commission.
- Trading platform – Ensure the broker’s platform suits your trading requirements. Most leading gasoline brokers offer MetaTrader 4 or MetaTrader 5, though some may also provide proprietary software, such as XTB and eToro.
- Market analysis – Access to real-time quotes, plus gasoline news and analysis will be advantageous for trading strategies. This may include news analysis of the OPEC or major importing nations.
- Regulation – Make sure the broker is regulated by a reputable agency. For example, the Financial Conduct Authority (FCA) regulates the top gasoline brokers in the UK, such as Pepperstone.
Trading Hours
Gasoline is virtually traded 24 hours a day on the New York Mercantile Exchange (NYMEX). Sessions run from Sunday to Friday, 6:00 pm – 5:00 pm ET (10:00 pm – 9:00 pm GMT), with a 60-minute break each day commencing at 5:00 pm ET (9:00 pm GMT).
Trading hours may vary slightly depending on gasoline brokers.
Bottom Line On Trading Gasoline
Gasoline trading is a popular way to speculate on crude oil prices and gain exposure to vital commodities via CFDs, futures, shares and ETFs. Geo-political events and environmental impacts can create an attractive market to trade but can equally increase risk. Consider our list of top gasoline brokers to get started.
FAQ
What Is Global Gasoline Trading?
Trading gasoline involves speculating on the price of the gasoline commodity (ticker: RB) through online brokers or directly through the commodity exchange. The gasoline market is impacted largely by crude oil prices, refining and distribution costs, geo-political events and seasonal patterns.
Is Gasoline Trading Profitable?
Gasoline trading creates opportunities to benefit from dramatic price swings. However, as with any form of online trading, profits are not guaranteed, and the risks can be significant. Always use appropriate risk management tools to protect your gasoline trades.
Where Can I Trade Gasoline?
Trading gasoline is primarily done through large commodity exchanges, such as the New York Mercantile Exchange (NYMEX), which specialises in futures and options contracts. Many retail traders prefer to use brokers such as Pepperstone or XTB, which offer a wider range of accessible derivative products, as well as shares and ETFs.
Is Gasoline A Tradable Commodity?
Gasoline is tradable in the futures and options market, where physical delivery of the product can be taken. Alternatively, traders can access gasoline-based products and derivatives such as CFDs or shares at many leading brokers.
Article Sources
Top Gasoline Producers By Country, 2021
Factors Affecting Gasoline Prices, EIA