Monzo IPO
Find out how you can gain exposure to Monzo ahead of its initial public offering (IPO) – as well as after it has happened – from the world’s No.1 spread betting and CFD provider.1
Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening an account.
Contact us 0800 195 3100
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Call 0800 409 6789 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We’re available from 9am to 5pm (UK time), Monday to Friday.
Contact us 0800 409 6789
Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening an account.
Contact us 0800 195 3100
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Call 0800 409 6789 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We’re available from 9am to 5pm (UK time), Monday to Friday.
Contact us 0800 409 6789
Why trade the Monzo IPO with us?
Take a position on our grey markets before the listing
Speculate on our exclusive grey markets before the IPO2
Subscribe to the IPO ahead of the listing
Secure a stock allocation at the same time and price as institutional investors
Trade Monzo shares with derivatives
Deal once Monzo shares are in the open stock market – you can buy, sell or short
Buy physical Monzo stock
Invest in Monzo stock and become a company shareholder
Pre-listing
Grey market
The value you’ll see on our select range of grey markets is a prediction of a company’s market cap at the end of its first day of trading. You can take a position on this market if it’s available for Monzo’s listing.
IPO subscriptions
With us, you can subscribe to the IPO before the listing. If you do, you’ll receive a stock allocation at the same time and price as institutional investors (but only if Monzo’s shares are offered to retail investors).
What are IPO subscriptions and how do they work?
Post-listing
We’ll offer Monzo shares from the day they list. You can:
- Take a position on upward and downward share price movements with spread bets or CFDs
- Buy and own the shares through share dealing
Trading vs investing in Monzo shares
Trading and investing are different in many ways. When trading Monzo shares with us, you’ll use spread bets or CFDs to speculate on share price movements. These let you take a position without having to own the underlying shares – so you can speculate on shares that are rising (known as going long) or falling (known as going short) in value. If your prediction is correct, you’ll make a profit, but if you’re wrong about the market movement, you’d take a loss.
Spread bets and CFDs are leveraged products, which means that you only need to commit a deposit upfront – called margin – to receive full market exposure. But, bear in mind that while margin can increase your profits, it can also increase your losses.
Learn more about the impact of leverage on your trades
When investing in shares with us, you’ll buy and own physical shares using a share dealing account. Leverage isn’t available when you’re share dealing – so you’ll need to commit the full value of your position upfront. Buying shares will make you a shareholder – eligible to receive dividends and voting rights – and you’ll profit if the share price increases above the price at which you opened your position. If you decide to sell your shares at a point when the share price has decreased below the price at which you opened your position, you’ll take a loss. However, your risk is capped at the price you paid for your shares (excluding additional fees).
Open a share trading account in minutes
*Demo accounts are only available for spread betting and CFD trading.
Open a share trading account in minutes
Fast execution on a huge range of markets
Enjoy flexible access to 17,000+ global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 50 years of experience, we’re proud to offer a truly market-leading service
*Demo accounts are only available for spread betting and CFD trading.
Open a share trading account in minutes
Open a share trading account in minutes
Fast execution on a huge range of markets
Enjoy flexible access to 17,000+ global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 50 years of experience, we’re proud to offer a truly market-leading service
How do IPOs work?
IPOs work by having a company list its shares to be bought and sold by market participants on the open market.
Some reasons for listing company shares on an exchange include raising capital for expansion, paying off debts, attracting and retaining talent or improving liquidity.
The company must start by arranging for a third party to conduct a comprehensive audit, which considers all aspects of its financials. Thereafter, it needs to get a registration statement ready to file with the relevant exchange commission. If the commission approves the registration, the company will list a specific number of shares on a stock exchange, at a price determined by an investment bank.
Explore what IPOs are or find out how to trade pre- and post-listing
FAQs
What are the risks of trading an IPO?
All trading activity is risky – IPOs come with additional risks, including:
- Missing important company information that might impact share prices, eg pending legal cases and intellectual property that is not patented
- Little to no trading track record to base decisions on
- Elevated market expectations that do not materialise
- Companies not meeting their target market cap
Before committing to any trade, it is important that you have all the facts that you need. In the case of trading IPOs, you can use company prospectuses, admission documents and other information to stay up-to-date. By staying informed, you can avoid risks that could affect your position in a trade.
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1 Based on revenue (published financial statements, 2023).
2 We do not offer grey markets on all IPOs.