Options trading

If you see opportunity in volatility, trade our flexible online options. Speculate on a range of assets, and get the expertise and support of the world’s No.1 spread betting and CFD provider1.

Start trading today. Call 0800 195 3100 or email newaccounts.uk@ig.com. We’re here 24 hours a day, from 8am Saturday to 10pm Friday.

Contact us: 0800 195 3100

Start trading today. Call 0800 195 3100 or email newaccounts.uk@ig.com. We’re here 24 hours a day, from 8am Saturday to 10pm Friday.

Contact us: 0800 195 3100

Why trade options with us?

Find an option to suit you

Trade major indices, shares and FX with daily or weekly, monthly and quarterly options.

Pay zero spread on expiry

Buy and sell options with no closing spread when you hold them until their fixed expiry date

Discover new opportunities

Develop options trading strategies using a variety of options, or by pairing options trades with CFDs or spread bets

Trade on volatility itself

Take a position on rising, falling and even flat markets in the UK and all over the world

Ways to trade options with us

Trade options using spread bets or CFDs on our award-winning trading platform.2

Spread betting CFDs
Main benefits Profits are tax-free in the UK3 Tax-deductible losses are useful for hedging3
Accessible to All clients All clients
Traded in £ (or other base currency) per point Contracts
Tax status No capital gains tax (CGT) or stamp duty3 No stamp duty. Losses can be offset as a tax deduction3
Commission Commission-free (only pay the spread) Commission-free (except on shares)
Platforms Web and mobile platforms Web and mobile platforms
Learn more Learn more

What are options?

Options are contracts that give you the right – but not the obligation – to buy or sell an underlying asset before a certain expiry date. You can use them to speculate on the price of a financial market, and in some cases its volatility too.

What are options?

Options are contracts that give you the right – but not the obligation – to buy or sell an underlying asset before a certain expiry date. You can use them to speculate on the price of a financial market, and in some cases its volatility too.

How do I trade options?

  1. Discover how options work
  2. Learn the differences between buying options and selling them
  3. Choose a trading strategy
  4. Create an account
  5. Open your first position

Benefits of trading options in the UK

Choose the option to suit you from our daily, or weekly, monthly and quarterly timeframes.

Daily options

For a low-cost, highly-leveraged way to trade intraday.

Lower spreads

Trade daily options with reduced spreads – the same as on regular spot markets

Flexible leverage

Get the leverage you want by choosing your strike and trade size

Limited risk

Cap your maximum risk when you buy daily options – you’ll never lose more than the margin you pay to open

Greater freedom

Hold daily options positions even if the market moves against you, knowing that your risk is limited to the margin you paid to open

Weekly, monthly and quarterly options

Longer expiries, well-suited to traditional trading strategies.

No overnight funding

Pay less for long-term positions, thanks to zero overnight funding

Increased opportunity

Find opportunity on a broad range of market conditions – even flat markets

Greater control

Develop options strategies for greater control over your trading

Guaranteed maximum risk

Trade up to three quarters ahead, with your risk limited to your opening payment (when buying)

Open an account now

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to more than 17,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With 45 years of experience, we’re proud to offer a truly market-leading service

Open an account now

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to more than 17,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With 45 years of experience, we’re proud to offer a truly market-leading service

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Trade options on the UK’s best trading platform2

Intuitive web trading platform

Get fast, reliable execution when you trade options on our web platform.

Award-winning app3

Take a position from any position with our trading apps – available for iOS and Android.

Try these next

We’ve been a market-leading online trading and investment provider for 45 years.

Start trading CFDs to discover opportunities on 17,000+ markets.

Take advantage of movement in currency prices – with over 80 FX pairs to choose from.

1 Based on revenue excluding FX (published financial statements, June 2020).
2 Best trading platform as awarded at the ADVFN International Financial Awards and Professional Trader Awards 2019. Best trading app as awarded at the ADVFN International Financial Awards 2020.
3 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.