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Oil becomes top-traded CFD among Singapore users in 2026

Plus500 data also showed a growing share of older traders.

Oil became the most-traded contract for difference instrument among Plus500 users in Singapore in 2026, despite not having ranked among the platform’s top 10 instruments a year earlier.

Plus500 linked the shift to geopolitical tensions, energy-price volatility and broader macroeconomic developments, which encouraged traders to focus on specific market themes rather than broad index exposure.

The share of active traders aged 35 and above also increased to about 65% in 2026, up from 43.5% in 2020. The company said this indicated that trading activity was increasingly being driven by more experienced and financially established participants.

Women traders in Singapore also showed greater use of complex products. Call and put options CFDs accounted for about 25% of their trades, almost twice the share recorded among male users.

At the same time, women used risk-management tools in around 63% of their trades, compared with 36% for men.

Plus500 said the findings suggested that Singapore’s CFD market was becoming more selective, event-driven and disciplined in its approach to market opportunities.

The findings were based solely on Plus500’s Singapore user data and may not represent the wider trading population.

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