I just reviewed several options for investing in oil this year, and honestly there are more alternatives than I thought. Mitrade seems the most accessible if you're just starting out, with low spreads and no commissions. But if you already have experience, Interactive Brokers gives you access to futures and direct options.

The interesting thing is that you don't need a lot of initial capital to get into oil investments. Some brokers allow you to start with $20-$100. Crude oil volatility remains high due to geopolitics, so there are opportunities if you know which tools to use.

For more conservative oil investments, eToro has a feature to copy strategies from other traders, which helps if you don't want to monitor the market all day. Is anyone here actively trading oil? I would like to know which platform has worked best for you for long-term oil investing.