Trading or investing in options involves a high degree of risk to your capital. You can make money if you call the market correctly, but you could also lose all of your invested funds. It’s important to consider your risk tolerance and experience level before starting to trade or invest in options.
Most options brokers UK brokers will offer educational resources and tools for potential traders. This includes free demo accounts and education centres where you can learn the fundamentals of options trading. Some will even release a range of video tutorials to help you understand how to trade and use the platform. However, you should be aware that some brokers will produce promotional videos that show profits being made easily. These are often designed to entice new traders and may be misleading.
Best Options Brokers in the UK for 202
Some of the best options brokers UK are regulated by the FCA, so your funds are protected in the event of any defaults. IBKR, Saxo Markets and IG are three of the most popular choices in the UK for trading options online. They provide access to a variety of options trading markets including UK and international stocks, indices, commodities and forex pairs.
CMC Markets is another reputable options broker in the UK offering CFD and spread betting on options. Their platforms feature a powerful strategy builder, multiple account types and integrated risk management tools. They allow you to choose from daily or longer-term option expiry for yield enhancement strategies, and they have a number of curated watchlists to help you find potential opportunities.