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Digital investment platform WeBull UK has expanded its services to include options trading for its users. The new offering aims to cater to active traders seeking speculative products that allow potential profits from both rising and falling share prices, while limiting risk.
The company emphasises that the exchange-traded nature of these options reduces counterparty risk and the likelihood of price manipulation by individual market makers.
Nick Saunders, CEO of Webull UK, commented on the launch: "We are pleased to offer options trading for our users, fulfilling the high demand we've received for the offering since our initial launch. 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 addition to Webull UK's services follows the recent introduction of Webull Savings, a feature that provides users with access to a marketplace of savings accounts and facilitates quick fund transfers between trading accounts and banks.
