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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. You could lose more than your original investment.

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US-listed options and futures trading

Access US-listed options and futures at low commissions.1 Trade on an award-winning platform brought to you by our friends at tastytrade.2

Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening a trading account.

Contact us 0800 195 3100

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Call 0800 409 6789 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We're available 24/7 between 8am Saturday and 10pm Friday.

Contact us 0800 409 6789

Why trade US-listed options and futures with us?

Trade on an award-winning platform2

Open positions on an award-winning platform with innovative capabilities,2 including sophisticated risk management tools

Explore inspirational content

Explore countless resources with trading content that’s suitable for all experience levels to enhance your knowledge


Get personalised support

Reach out for reliable expert support whenever you need it, 24 hours a day from 8am Saturday to 10pm Friday (UK time)

Pay low commissions

Trade options from $1.00 per contract to open and no charge to close; and from $0.85 commission to open and close a micro futures contract, respectively

Choose a cash or margin account

Decide on an account type: a cash account – for non-leveraged exposure – or a margin account to trade using leverage, with more access to options strategies*

Go long, short or non-directional

Speculate based on your bullish or bearish stance, or use options strategies for a range-bound, neutral market assumption when you think prices will move sideways

* Futures are only available in a margin account.

Trade US-listed options and futures with low commissions1

With us, you can trade US-listed options and futures with low commissions that are part of transparent and competitive price structures.1

  • From $1.00 per contract to open and no commission charge to close positions
  • Commissions capped at $10.00 per leg (ie one part of a multi-component trade) for equity and exchange-traded fund (ETF) options
  • From $0.85 commission per contract to open and close a futures position, each way

Trade US-listed options with low commissions1

Below are the commissions you’ll pay for placing equity options positions.*

1 lot
1 call or put: 1 contract (1 leg) $1.00
1 vertical: 2 contracts (2 legs) $2.00
1 iron condor: 4 contracts (4 legs) $4.00
10 lots
10 calls or puts: 10 contracts (1 leg x 10) $10.00
10 verticals: 20 contracts (2 legs x 10) $20.00
10 iron condors: 40 contracts (4 legs x 10) $40.00

For lot sizes of 25, 50, 100, 200 and 500, the commission is capped at $10.00 per leg. So, commissions for these would be the same as commissions for the 10-lot values above. It’s important to note that other fees will apply regardless of the lot size, eg clearing fees are charged at $0.20 per contract ($0.10 each way, ie opening and closing the trade).1

* No commission payable to close.

Trade US-listed futures with low commissions1

Below are our futures commission rates per contract.

Product name Opening commission Closing commission
Futures $1.25 $1.25
Micro futures $0.85 $0.85
Options on futures $2.50 $0.00
Options on micro futures $1.50 $0.00

Learn more about our costs and charges

Our relationship with Apex

We provide our clients access to trade US-listed products through our US options and futures account. To do this, we’ve partnered with the Apex Clearing Corporation in the USA. Apex is a third-party firm that’s regulated by the Securities and Exchange Commission (SEC) – it specialises in providing clearing and other back-office financial services for US-listed options and futures products.

Apex clears and processes US options and futures account transactions, and provides asset custody and settlement services. In essence, Apex deliver the behind-the-scenes services that allow us to offer US-listed options and futures.

Learn more about our relationship with Apex

Any money or securities you hold in a US options and futures account is held by Apex in the USA in accordance with SEC and FINRA (Financial Industry Regulatory Authority) rules. Apex accounts are covered by the US Securities Investor Protection Company (SIPC), which provides protection for money and assets up to $500,000.

For more details about our relationship with Apex and for relevant market data agreements, see the information on customer agreements.

Your funds and securities held by Apex aren’t subject to Financial Conduct Authority (FCA) client money and asset rules and may not be protected by the UK Financial Services Compensation Scheme (FSCS).

Learn more about what we do with your money

Which US-listed options and futures products can you trade with us?

Our streamlined platform gives you access to US-listed options with stocks, ETFs, indices and futures as underlying assets. You can choose to trade these pure-form options using a cash account or a margin account on our browser or mobile app version of the platform.

You can also get exposure to pure-form futures with indices (including volatility indices), forex, interest rates or commodities as underlying assets in a margin account.

Trading options in a cash account

A cash account lets you take positions with the funds that are available in your account. You cannot access leverage in this account type and you’ll be restricted to a selection of permissible strategies.

Trading options and futures in a margin account

It’s vital to understand the risks and complexity of trading in a margin account as it may not be suitable for you. When you use this account type, you’ll typically trade on a leveraged basis, which gives you magnified exposure. To open a position, you’ll only need to pay a certain percentage of the trade’s total worth, ie notional value. However, pure-form options are non-marginable – even when trading them in a margin account.

Leverage enables you to open a much bigger trade at a smaller initial deposit and gives you amplified potential for profit. But it also magnifies your possible losses, and you could lose money rapidly. Any profits made or losses incurred are calculated based on the full value of the trade.

When trading in a margin account, you’ll have more options and futures strategies available to employ, eg selling naked call options, defined-risk options spreads, and buying and selling futures and futures options.

Trading using a margin account carries increased risks compared to a cash account and can result in your losses exceeding your deposits. You can find detailed information about this in our risk disclosure notice.

Support

Our pure-form options and futures are based on tastytrade’s award-winning platform.2 tastytrade is part of IG Group. We’ve combined our experience and skills to ensure that you have seamless access to expert support that’s just a phone call away.

Here’s how we support you:

Inspirational content

Watch and learn, live and on demand; access news, insights and more, courtesy of our friends at tastylive

Accessible support

Reach out to our knowledgeable team, 24 hours a day from 8am Saturday to 10pm Friday (UK time)


Innovative technology

Use an award-winning platform with sophisticated tools,2 including intuitive ways to manage your risk and superior analytics

About tastytrade and tastylive

tastytrade and tastylive are brainchildren of options traders who wanted to empower ambitious and self-directed traders. They started out with the content brand – tastylive – in 2011, and then launched the brokerage service – tastytrade – in 2017. Both joined IG Group in 2021.

Offering options, futures, stocks and more, tastytrade enables the pursuit of personal independence and financial freedom. You can access the award-winning broker’s options and futures products, using fast and reliable software, straight from the My IG dashboard through our streamlined platform.2

tastylive is an authentic, original and free online financial network with over 100 original shows. It’s grown so much that a catch-all term was coined to refer to its team, viewers and listeners – ‘the tastynation’.

With 40 hours of live programming each week, there’s something for everyone – inspiration, live trades, education and so much more. This global community has garnered around 27 million YouTube views through its fun and engaging content.3

What is options trading?

Options trading is taking a position as a buyer or a seller in a contractual agreement to exchange an underlying asset at a specific price by a certain expiration date. The holder of an options contract has the right, but not the obligation to buy or sell the underlying asset. If they choose to exercise their right, the counterparty is then – through the process of assignment – obligated to fulfil the terms of the contract (ie to sell/buy the underlying to/from the holder).

Options are standardised and you can choose a call or a put to speculate on a financial instrument's price movements. Possible profits and losses don’t depend on direction only, though, as options are non-linear – they’re also affected by factors such as implied volatility (IV), time to expiration and location of the strike price in relation to the underlying price. You can combine calls and puts to employ a variety of strategies across different market environments.

What is futures trading?

Futures trading is an agreement to buy or sell an underlying asset at a specified price by a certain expiry date. You’ll exchange the underlying using a futures contract.

Because both parties are obligated to make the exchange, the trade will happen automatically upon expiration at the agreed-upon price if the holder doesn’t do it before the expiry date. This is one of the differences between options and futures.

Comparatively, options allow for more flexibility as there’s no obligation for the owner to exchange the underlying. But these contracts are also similar in ways, eg both are standardised and traded on regulated exchanges.

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Find out when you can trade outside of regular market hours for increased flexibility around your schedule.

Explore the markets that are available to trade with us and which products you can use to get exposure.

1 $1.00 commission to open per options contract, $0 commission to close per options contract. Applicable exchange, clearing, and regulatory fees still apply to all opening and closing equity options trades. Some additional applicable commissions are capped at $10 per leg on equity option trades. The following index products are excluded from the capped commissions offer: SPX, RUT, VIX, OEX, XEO, DJX, and XSP. Learn more about our charges.

2 tastytrade was awarded the best options trading platform at the 2024 ADVFN International Finance Awards. It was ranked the best overall options trading platform of 2024 by Investopedia. The criteria, evaluation, and ranking were determined by Investopedia. tastytrade is the No.1 desktop options trading platform and the no.1 desktop futures trading platform as awarded at the 2024 StockBrokers.com annual awards. Our streamlined platform gives you access to the tastytrade options and futures products from My IG.

3 As at 2024.