Australian Oil Traders Have Multiple Options for WTI and Brent CFDs

The Australian Securities and Investments Commission (ASIC) regulates CFD trading in Australia. Oil traders have several options, including Mitrade and Plus500, which offer WTI and Brent crude oil CFDs. These platforms allow traders to speculate on the price of oil without taking physical delivery.

Mitrade is a top pick for Australian traders looking for a straightforward way to access oil CFDs from their mobile device. The platform offers exposure to WTI and Brent crude oil CFDs, allowing users to take long or short positions and manage trades on the go.

Other platforms, such as CMC Markets and Pepperstone, offer more advanced charting tools and technical analysis options for active traders. These platforms provide access to multiple markets, including indices, shares, forex, and commodities.