Crude Oil (WTI/USOIL) is one of the most dynamic commodities available to prop firm traders, offering enormous daily ranges driven by OPEC decisions, geopolitical tensions, and US inventory data. Oil trades with a strong trending personality and is heavily influenced by supply-demand fundamentals, making it a favorite for traders who follow macroeconomic news. Compare the best prop firms for oil trading below.
OPEC production decisions cause massive multi-day trends. Follow their meeting schedule closely.
Weekly US EIA crude inventory reports (Wednesday 10:30 AM EST) cause instant 50-100 pip spikes.
Middle East tensions, sanctions, and supply disruptions create extended trending moves.
Oil has a $10 pip value per standard lot — similar to gold. Strict lot sizing is essential.
| # | Firm | Rating | Actions |
|---|---|---|---|
1 | FTMO 19/10% off | 4.8 | |
2 | 4.6 | ||
3 | 4.8 | ||
4 | 4.8 | ||
5 | 4.2 | ||
6 | 4.4 | ||
7 | 4.5 | ||
8 | 4.7 | ||
9 | 4.7 | ||
10 | 4.8 | ||
11 | 4.6 | ||
12 | 4.5 | ||
13 | 4.5 | ||
14 | 4.3 | ||
15 | 4.3 | ||
16 | 4.5 | ||
17 | 4.8 | ||
18 | 4.6 | ||
19 | 4.4 | ||
20 | 4.4 | ||
21 | 4.5 | ||
22 | 4.3 | ||
23 | 4.6 | ||
24 | 4.7 | ||
25 | 4.5 |