Commodities
WTI/USD Spread Comparison
WTI (West Texas Intermediate) crude oil is the US benchmark and the most traded oil CFD. Spreads range from 0.02 pts at raw-spread brokers to 2-3 pts at standard retail accounts, a difference of 100x on the same underlying.
Brokers tracked
16
Cheapest spread
2 pts
Most expensive
8.4 pts
Cost gap
4.2x
WTI/USD Spreads by Broker
Data: Nov 1, 2026| # | Broker | Market | Account | Spread (pts) | Type |
|---|---|---|---|---|---|
| 1 | ThinkMarkets | Australia | ThinkTrader | 2pts | variable |
| 2 | ThinkMarkets | Worldwide | ThinkTrader | 2pts | variable |
| 3 | CMC Markets | Australia | Standard | 2.5pts | variable |
| 4 | Swissquote | Worldwide | Prime | 2.6pts | variable |
| 5 | IG Markets | Australia | Standard | 2.8pts | variable |
| 6 | Axi | Australia | Pro | 3pts | variable |
| 7 | Saxo Bank | Worldwide | VIP | 3pts | variable |
| 8 | IC Markets | Australia | Raw | 3.4pts | variable |
| 9 | IC Markets | Worldwide | Raw Spread | 3.4pts | variable |
| 10 | OANDA | Australia | Standard | 3.98pts | variable |
| 11 | OANDA | Worldwide | Standard | 3.98pts | variable |
| 12 | Pepperstone | Australia | Standard | From5pts | variable |
| 13 | Pepperstone | Worldwide | Standard | From5pts | variable |
| 14 | XM | Worldwide | Standard | 6pts | variable |
| 15 | easyMarkets | Worldwide | Standard | 7pts | fixed |
| 16 | BlackBull Markets | Worldwide | Standard | 8.4pts | variable |
Spreads are indicative and updated daily from broker pricing pages. Raw/ECN accounts include commission. Standard accounts are commission-free.
Why the WTI/USD spread matters
Oil moves on inventory data, OPEC decisions, and geopolitical events. Day traders need a tight spread to capture intraday moves cleanly. A 0.02-pt spread vs a 2.8-pt spread is a 14,000% cost difference. Broker selection determines whether oil day trading is viable.
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