Use our comparison tables to compare the best UK based options brokers authorised and regulated by the FCA. Choose or switch to an option broker that offers the most markets, best pricing and client security.
Options trading carries a high level of risk and can result in losses that exceed your deposits. Featured brokers appear first.
What are options and how do you trade them?
Buying options is one of the most versatile and low-risk ways to speculate on the financial markets. However, as well as being low risk when buying, if you are shorting options can be incredibly risky (more so than futures).
We cover the basics of options trading here:
- Advantages and disadvantages of option contracts
- Advantages and disadvantages of forward contracts and currency options
Compare options trading brokers in the UK
If you are looking for a broker to trade options and want to compare options trading brokers in the UK here are the main things to look out for:
- Are they FCA regulated? You can check the FCA register here.
- What is the commission per lot
- Will the options broker allow you to sell options as well as buy
- Are options cross-margined with other products (so you don't double up on margin)
- How experienced are the brokers you are dealing with
- Does the options broker allow options strategies or just one off trades
- What market coverage does the broker offer i.e. stock, forex, commodity or index etc.
Best options trading platform for beginners
It's important that if you are a complete beginner to investing you should accept that options may not be for you. Options can be quite simple and quite complex and in many cases, there is the risk of losing your entire premium.
So if you are a beginner options trader and looking for a platform, make sure you have significant experience in trading and investing. And most importantly make sure your broker understands that you are a beginner to options trading.
Many options brokers can provide advice on strategy and execution (although not on what to buy or sell). Options brokers also understand the market well so don't be afraid to trade over the phone to make sure that you explain exactly what you want to do.
Options trading brokers comparison in the UK
Most options brokers find the clients will trade options as part of an overall portfolio for hedging or speculation. So, if you want to compare options brokers in the UK take a look at our options broker comparison table to see if the options broker offers additional services that are required for your overall investment objectives.
List of UK equity options brokers and where to find it
Trading UK equity options are one of the most popular ways to protect and hedge an overall long equity portfolio. We provide a list of UK equity options brokers in our options broker comparison table.
How to get low commission from an options broker?
just ask. All commission with brokers (especially options brokers) are negotiable. So if you are doing the volume ask for a reduction in your options commission.
UK options broker reviews
You can read reviews of options brokers in the UK by clicking on the relevant links below or in our option brokers comparison table. Our options broker reviews cover client testimonials, regulation, market coverage, trading platforms and customer service.
- IG Markets
- Saxo Capital Markets
- Linear Investments
- Valbury Capital
- Sucden Financial
- Berkeley Futures
- ED&F Capital Markets