How do I open a US options and futures account?
There are two US options and futures account types to choose from, a margin account or a cash account:
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
There are two US options and futures account types to choose from, a margin account or a cash account:
|
Margin account (leveraged) |
Cash account |
Stocks |
Buying and shorting |
Buying only |
Covered and uncovered options |
|
Selling covered calls and cash secured puts only |
Covered and uncovered spread options |
|
|
Futures |
|
|
Options on futures |
|
|
Margin account (leveraged)Cash accountStocks Covered and uncovered options Covered and uncovered spread options Futures Options on futures
You can open a US options and futures trading account by following steps below:
On desktop:
Login to My IG
Select ‘add an account’
Choose ‘US options and futures’
Choose between a margin or cash account and follow the account opening process
Mobile app:
Log in to your IG mobile trading app
Navigate to ‘account’ in the bottom-right corner
Select ‘manage account’
Select ‘add an account’ and choose ‘US options and futures’
Choose between a margin or cash account and follow the account opening process