Now that the SpaceX IPO is over, and the share price has settled down a bit, it’s really easy to buy SpaceX shares in the UK as the company is publicly listed on the Nasdaq under the ticker SPCX.
To invest in SpaceX, open a share dealing account or Stocks & Shares ISA with a UK broker that offers access to US markets, such as Hargreaves Lansdown, AJ Bell, Interactive Brokers, or IG.
Once your account has been verified and funded, search for SPCX, decide how much you want to invest, and place either a market order (buying at the current price) or a limit order (buying only if the shares reach your chosen price).
Before investing in SpaceX shares, here are a few things you need to know:
- SpaceX is a US company so you will need to convert your GBP into USD – so go with a broker that has low FX fees like Interactive Brokers.
- Most UK stock brokers, like IG, do not charge commission or account fees when buying US stocks like SpaceX.
- The SpaceX IPO price was $135, use this as a valuation point to decide if that shares are worth buying now.
- Newly listed companies can be highly volatile. SpaceX is one of the world’s largest and most closely watched companies, but its valuation reflects high growth expectations, meaning the share price could experience significant swings in the months following its IPO.
Best UK Investment Accounts For Buying SpaceX Shares
| Name | Logo | GMG Rating | Customer Reviews | FX Fees | Dealing Commission | CTA | Tag | Feature | Expand |
|---|---|---|---|---|---|---|---|---|---|
 | GMG Rating | Customer Reviews | FX Fees 0.7% | Dealing Commission £0 | See Offers Capital at risk IG Reviews | Featured | Features:
| *Get up to £300 in bonus shares when you invest at least £300. Use Code WELCOME300. T&Cs apply. IG Share Dealing Expert ReviewIs an IG share dealing account any good? An excellent share-dealing platform for those who want to deal shares regularly in the short and long term. You also get access to a huge range of UK small-cap shares, where you can request quotes from marketmakers via RSPs. This is something that is not available from other trading/investing platforms like CMC or Trading 212. An IG share dealing account is different from a spread betting or CFD trading account in that you actually own physical shares as opposed to trading derivatives. The ability to deal in shares with IG means that you can invest in companies for the long term alongside your short-term higher-risk speculation. An excellent share-dealing platform for those who want to deal in shares regularly in the short and long term.
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Overall4.4 | |
| | GMG Rating | Customer Reviews | FX Fees 0.03% | Dealing Commission £3 | See Offers Capital at risk Interactive Brokers Reviews | Features:
| Hands down, IBKR is the best broker for investing in US stocks because they are, well, American. So you get the widest market access. Plus, IBKR is cheap, very cheap. There is no account fee; they offer the best currency conversion rates in the market (0.02%), plus you can convert money as and when you like. Dealing charges are low too, you pay a minimum of $1 per trade (so it's not free) or 0.005 USD per share whatever is great. So basically you pay $1 per share until you are buying over 200 shares of a US company. For larger investors, their scale trade offers institutional grade execution capabilities like pairs trading (buying and selling one stock against another), a huge range of options markets and an excellent stock screener tool for sniffing out smaller value stocks.  Pros:
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Interactive Brokers Share Dealing ReviewProvider: Interactive Brokers Share Dealing Verdict: Interactive Brokers is an excellent account for sophisticated share dealers who want to manage their own portfolio with complex order types actively and need access to a wider range of investment products like derivatives, options, and futures. They also offer fractional share dealing if you only want to start trading a small amount. Summary One of the most advanced share dealing platforms for beginners and professional investors.
Fees: Interactive Brokers does not charge share dealing custody fees and minimum share dealing commissions are £1 in the UK or 0.05% of the deal size. Pros
Cons
Overall4.3 | ||
| | GMG Rating | Customer Reviews | FX Fees 0.75% – 0.25% | Dealing Commission £3.50 - £5 | See Offers Capital at risk AJ Bell Reviews | Features:
| We rate AJ Bell very highly overall as an investing platform, but there are let down a little by their FX charges when you buy and sell US stocks. 0.75% is pretty high compared to newer investing apps, but it's certainly not "expensive". Especially if you are buying over £20k worth of stock at a time when the FX rates drop to 0.25%. AJ Bell offer online dealing in the main US and Canadian markets for shares that are available as CDIs which are securities representing an underlying interest in an overseas security and can be bought and sold easily in the UK. Pros:
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AJ Bell Share Dealing ReviewProvider: AJ Bell Share Dealing Verdict: AJ Bell is a low-cost online investing platform and is the cheapest share dealing platform for buying and selling shares for the UK do-it-yourself (DIY) investor. They also offer plenty of investment ideas, including investment guides and equity research. Summary A great choice to deal shares with low costs in a variety of investment accounts.
Fees: AJ Bell share dealing account fees are capped at £3.50 a month. Dealing costs are £1.50 for funds and £5 for shares but drop to £3.50 when there were 10 or more online share deals in the previous month. Special Offers:
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Overall4.2 | ||
 | GMG Rating | Customer Reviews | FX Fees 1% – 0.25% | Dealing Commission £5.95 - £11.95 | See Offers Capital at risk Hargreaves Lansdown Reviews | Features:
| Even though HL has a repuation for being expensive, there are some things that they are actually pretty cheap for, and investing in the US is one of them. If you are buying US stocks in a GIA, there are no account fees, and FX conversion costs are lower than Interactive Investor and eToro (but not AJ Bell). Hargreaves Lansdown lets you buy US stocks and hold them in our Fund and Share, ISA or Self Invested Personal Pension (SIPP) account, where there is an account charge, of 0.45%, which is quite a lot, but it is capped at £45 a year. So, for larger accounts, it is cheaper than Interactive Investor and other investing apps that charge a monthly fee for SIPPs like Freetrade. Pros:
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Hargreaves Lansdown Share Dealing Expert Review Account: Hargreaves Lansdown Share Dealing Description: Hargreaves Lansdown offers access to the widest selection of stocks for share dealing accounts in the UK. The platform also has one of the best research portals for analysing stocks. Is it expensive to buy and sell shares on Hargreaves Lansdown? Hargreaves Lansdown is not as expensive as it used to be as there is no account charge for holding shares in a general investment account and a max of £3.75 in a stocks and shares ISA. HL does still cost more than competitors like AJ Bell and Interactive Brokers to buy and sell shares, but the account running costs can be lower because of the monthly cap. HL won the Best Stock Broker in our 2024, 2022 awards, and in 2021, it won Best Full-service Stockbroker for their all-round approach to customer service.. Another added bonus of dealing shares through HL is that their clients benefit from price improvements for best execution. HL say they reach out to multiple brokers to get the best prices for a trade and clients can make a saving of £18 per trade on average. This is particularly relevant if you are dealing with cap UK shares, which is where Hargreaves Lansdown excels. Overall, Hargreaves Lansdown is an excellent choice for most types of share dealing on UK and international markets. Pros
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Overall4.9 | ||
| | GMG Rating | Customer Reviews | FX Fees 0.25% | Dealing Commission £1 – 0.08% | See Offers Capital at risk Saxo Reviews | Features:
| Saxo has recently reduced its currency conversion fees, so UK investors can now buy US stocks for as little as $1 and 0.25% when converting GBP into USD. You cross the minimum threshold when you start trading in more than 67 shares at a time and will then pay 1.5 cents per commission on US share deals. Saxo also offers direct market access to US stocks as a CFD (going long or short), and trade US stock options. Plus, you get access to a fairly comprehensive research suite for US stocks, including investment inspiration, live market updates, expert analysis, podcasts, and webinars from their online trading platform.  Pros:
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Saxo Share Dealing Review: Lower fees and professional grade techAccount: Saxo Share Dealing Description: Saxo’s platform has share dealing on more than 50 stock exchanges around the world with 22,000 shares available for investors. Making it one of the most diverse investment platforms for share dealing in the UK. Its forte is on the trading side for traders that need direct market access and are more price-sensitive to bid/offer spreads. Is Saxo any good for share dealing? Yes, you can deal shares directly on exchange with Saxo. In fact, Saxo is one of the best DMA brokers for trading shares inside the bid/offer price as you can place your orders directly on the order book. Saxo’s platform has share dealing on more than 50 stock exchanges around the world with 22,000 shares available for investors. Making it one of the most diverse investment platforms for share dealing in the UK. Its forte is on the trading side for traders that need direct market access and are more price-sensitive to bid/offer spreads. Saxo is a good share dealing platform for sophisticated and advanced investors who also need direct access to capital markets. Fees: Saxo Markets charges a share dealing commission based on a percentage of transaction size. They are very competitive though, and UK share dealing commission starts at 0.1% (£100 if you buy £100,000 worth of stock) and drops to 0.05% for more active traders. As Saxo is a prime broker with a retail and institutional client base, they are one of the best share dealing platforms for larger customers. However, there are some downsides. Firstly they do not offer acesss to smaller cap shares on their trading platform like brokers Spreadex and IG, who have a much braoder range of shares to trade online. Secondly, you cannot trade shares as financial spread bets (where profits are free of capital gains tax). Finally, the cost of dealing shares with Saxo is higher than with a broker like Interactive Brokers. But Saxo wins hands down when it comes to customer services, research and analysis. Pros
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Overall4.3 | ||
| | GMG Rating | Customer Reviews | FX Fees 1.5% – 0.25% | Dealing Commission £3.99 | See Offers Capital at risk interactive investor Reviews | Features:
| Interactive Investor offer one of the widest ranges of US stocks on the market and you can also hold your account in US Dollars to avoid FX fees on buys and sells. However, it is a bit of a shame that their FX fees are so high. Being charge 1.5% for deals under £25k feels like you're buying stocks last minute at the airport. Especially from a provider that is generally quite cheap. Pros:
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Interactive Investor Share Dealing ReviewProvider: Interactive Investor Share Dealing Verdict: Interactive Investor is a low-cost share dealing platform that offers investors access to over 40,000 shares. II won the 2021 and 2023 Good Money Guide award for Best Investment Account. Summary Interactive Investor is a great choice for anyone who wants to buy and sell shares on a regular basis and has a large portfolio.
Dealing Fees: Interactive Investor share dealing commissions are a free trade every month, then UK Shares and Funds, US Shares charged £7.99 or upgrade to a £19.99 “Super Investor” account 2 free monthly trades and deal for £3.99. Regular investing is free. Special Offers:
Pros
Cons Fixed-fee expensive for very small share dealing accounts below £1,000
Overall4.3 |
Can you trade options on SpaceX shares in the UK?
Yes, you can trade options on SpaceX through IG as a CFD trade or financial spread bet as the online trading platform has launched the world’s first daily SpaceX options as retail options trading in the UK is on the rise.
IG has launched what it says are the world’s first daily-expiring (0DTE) options on SpaceX, becoming the first trading platform to offer same-day expiry contracts linked to the newly listed Elon Musk-founded space exploration company.
The new UK options trading products are available exclusively through IG’s platform and are not listed on any public exchange. They allow traders to speculate on short-term price movements in SpaceX using either spread betting or CFDs, with contracts expiring at the close of the US trading session on the same day they are opened.
The launch comes as options trading continues to gain momentum among retail investors. According to IG, options trading by its UK clients has risen 33% over the past two years, reflecting growing demand for products that enable traders to take advantage of short-term market volatility.
Elliot Harris, Head of Options at IG, said the new contracts were designed to give traders a faster way to react to intraday market movements.
“We’re proud to be the first in the world to offer daily expiring SpaceX options,” Harris said. “These contracts are a powerful new tool for short-term traders looking to capitalise on intraday moves linked to one of the world’s most closely watched companies.”
Daily options, also known as 0DTE (zero days to expiry) options, have become one of the fastest-growing segments of the derivatives market in the US. More than half of all index options traded in the US now expire on the same day, although until now the structure has largely been limited to indices rather than individual companies.
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