Webull UK launches options trading

This offering provides the platform's sophisticated, active traders with a speculative product that enables them to profit from rising or falling share prices with limited risk.

As the options are exchange traded, there is limited counterparty risk and less chance of a single market maker skewing the price adversely.

"We are pleased to offer options trading for our users, fulfilling the high demand we've received for the offering since our initial launch," said Nick Saunders, CEO of Webull UK. "Few brokers in the UK offer retail clients access to listed derivatives. Our clients value the fact they can speculate without betting against their broker and use options to try to make money in rising or falling markets."

This new offering follows the recent launch of Webull Savings, which provides UK users with access to a marketplace of savings accounts and the ability to move funds quickly between trading accounts and banks.