Why trade Stripe's IPO with us?
Trade pre-IPO
Speculate on Stripe
Buy or sell Stripe shares using our leveraged trading products
Buy Stripe stock
Invest in Stripe with a share dealing account
Stripe IPO: how to buy Stripe shares
Before the listing
IG offers an exclusive range of grey markets, based on a prediction of a company’s market cap at the end of its first trading day. If available for Stripe, you can:
‘Buy’ (go long) if you think the market cap will be higher than the price indicated
‘Sell’ (go short) if you think the market cap will be lower than the price indicated
After the listing
You'll be able to buy Stripe shares with us from the day of the IPO. You'll be able to:
Speculate on share price movements using CFDs and spread bets
Buy and own shares via share dealing
What are grey markets and how do they work?
Grey markets enable traders to get exposure to a company before it lists on a stock exchange. When you decide to trade the grey market, you’re trading on the estimated market valuation of a company. The official valuation is only released after the first day of trading – and it is based on the demand shown by the market that day.
So, if you think a company’s market cap will be higher than the grey market price, you’ll ‘buy’. If you think it will be lower than the grey market price, you’ll sell.
Trading vs investing in Stripe shares
*Demo accounts are only available for spread betting and CFD trading.
How do IPOs work?
An IPO occurs when a company decides to start selling its shares to the public. Most companies list shares to raise capital to fund expansion, pay debts, attract and retain talent, or monetise assets.
First, an audit must be conducted – considering all aspects of the company’s financials. Then, the business has to prepare a registration statement to file with the appropriate exchange commission. If approved, the company will list a defined number of shares at a price set by an investment bank. The shares will be available for sale through the chosen stock exchange.
Learn more about how IPOs work
What are the risks of trading or investing in an IPO?
All trading and investment activity involves risk. IPO-specific risks include:
Missing information that can affect the share price, eg ongoing legal cases and intellectual property without patent protection
Lack of trading history to factor into decision making
Performance that does not match up to market expectations
Companies not meeting their target valuation
To avoid risks associated with any trading and investment activity, it’s vital to have all relevant information. In the case of IPOs, useful documents include company prospectuses and admission documents.
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1 Based on revenue (published financial statements, 2025).
2 We do not offer grey markets on all IPOs.
3 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.



