IPO trading

Get in at the ground floor. Discover how to trade a company’s shares – both before and after they list – with our guide to initial public offerings (IPOs).

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 IPOs with us?

Get exposure pre-IPO

Buy or sell based on your prediction of a company’s market cap

Invest after an IPO

Buy and own physical shares with a share dealing account

Speculate on price movements

Trade on rising and falling prices with CFDs or spread betting

How can you trade an IPO?

Before the IPO: grey market

Our exclusive grey markets enable you to speculate on a company’s market cap before it lists on a stock exchange.1

You’d ‘buy’ if you think the company’s market cap will be higher than the grey market price at the end of the first trading day, or ‘sell’ if you think it will be lower.

After the IPO: trading or investing

There are two ways for you to profit from an initial public offering. You can:

  • Speculate on the share price by trading CFDs or spread betting
  • Buy and own physical company shares by share dealing

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.

IPO trading steps

Follow the steps below to start trading IPOs:

1. Learn how IPOs work

Discover everything you need to know in our guide to IPOs

2. Choose an IPO to trade

Explore upcoming IPOs with in-depth analysis from our experts.

3. Decide whether to trade or invest

Learn about the differences between trading and investing.

4. Open an IPO trading account

Choose between a live account and a demo account.

5. Build your IPO strategy

Make sure you know when you plan to take profits and cut losses.

6. Open your first position

Trade or invest in stocks from £0 commission.2

What is an IPO?

An IPO, or initial public offering, is the first sale of stock issued by a company. It is one of many ways in which companies seek to raise capital. Listing on a stock exchange helps to increase the exposure of a company, which means that IPOs can increase sales and profit. For traders and investors, an IPO can be a great way of buying shares of a company – or taking a position on its price movements – the moment it hits the stock market.

What is an IPO?

An IPO, or initial public offering, is the first sale of stock issued by a company. It is one of many ways in which companies seek to raise capital. Listing on a stock exchange helps to increase the exposure of a company, which means that IPOs can increase sales and profit. For traders and investors, an IPO can be a great way of buying shares of a company – or taking a position on its price movements – the moment it hits the stock market.

FAQs

Yes, you can make money trading initial public offerings if you correctly predict share price movements. You can use CFDs or spread bets to speculate on our grey markets before an IPO, or on share price movements after the stock has listed. You could also profit from an IPO if you buy shares outright through our share dealing service and they rise in value.

Whether or not it is a good idea to invest in an IPO depends on your risk appetite. Some IPOs perform very well, while others can disappoint. Financial markets can be very volatile following a high-profile IPO, which is why you need a proper risk management strategy in place if you want to buy or sell shares.

No, but you can speculate on the share price before the IPO if IG offers a grey market. By trading a grey market, you’re speculating on a company’s potential market cap ahead of its IPO. If you think that the company will be worth more than the price indicated, you can ‘buy’ the market. If you think that the price is an overvaluation, you can ‘sell’.

Try these next

Learn how to buy and sell shares online

See a list of upcoming IPOs from around the world

Discover how to trade exchange traded funds

1We do not offer grey markets on all IPOs.
2Commission rates differ for UK and US shares. Trade in your share dealing account three or more times in the previous month to qualify for our best commission rates. Please note published rates are valid up to £25,000 notional value. See our full list of share dealing charges and fees.

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.