UK Options Trading Platforms
UK options trading platforms offer a range of tools and features to suit different trader needs. From novices seeking educational resources to advanced traders looking for sophisticated analytical tools, the right platform can make all the difference.
IG stands out as an excellent UK options trading platform. Their extensive offering, including CFD and spread betting on stock and FX options, makes them an outstanding choice for any trader looking to explore the world of options. They also offer an excellent risk assessment capability, with the ability to test strategies with a “what if” scenario tool, conduct a filtered search for options positions and create multi-leg combination orders.
Top UK Options Trading Platforms: A 2024 Comparison
Another excellent UK options trading platform is Saxo Markets. They are a leading DMA broker and offer a wide variety of index, commodity and currency options on their standard and Pro platforms. They are one of the few brokers to offer DMA options on FTSE 250 shares, as well as CFD options on these stocks. They are renowned for their exceptional execution speed, and they have one of the best demo accounts in the industry – offering a PS10,000 virtual account to practice trading strategies.
Finally, CMC Markets offer a number of options features on their Standard and Pro platforms including a range of option strategies, a “what if” tool, an economic calendar and a useful dividend tool for ASX share trading (highlighting ex-dividend dates, franking percentages, etc). This UK-based stockbroker is a publicly traded company with a wealth of investment products to choose from.