UK options trading apps offer a range of functionality and tools designed to suit different trader needs. These include a wide variety of tradable assets, competitive fees, and extensive educational resources. Before jumping into trading, it’s crucial to educate yourself about the terminology, concepts, and various strategies involved in options trading. Several online courses, webinars, and e-books cover this in detail.
IG is one of the most popular brokers in the UK for options trading due to its clean, user-friendly app that offers just about everything. Its investment menu includes options, CFDs, and spread-betting, with a choice of 7 order types to help you manage your investments. You can also set up alerts to keep up with the latest market news and developments.
Top UK Options Trading Apps for Investors
Plus500 is another popular option trading app in the UK that blends versatility and efficiency. Its option trading app supports CFD call and put options on a wide range of global markets, including the German 40 and oil. You can trade on a short timescale or extend your positions for a longer period.
XTB is another UK broker that focuses on options trading. Its platform enables you to trade CFDs and spread bets on over 17,000 financial markets, with the option to go long or short. It’s regulated by the FCA and accepts credit/debit cards, bank transfers, and SEPA. Moreover, it offers low fees and unique post-trade analytics for a better performance. Its mobile app is available for iOS and Android devices.