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How to apply for IPOs

Once the Initial Public Offering (IPO) you’re interested in launches, you’ll be able to apply for shares. Here’s how to find the right IPO and apply for shares. Like all investments, they can fall as well as rise in value, so you could get back less than you invest.

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Before you start

  • You should be clear on how IPOs work, including the costs and potential risks involved, and have read the prospectus for your chosen investment.  
  • There should be enough uninvested money in your chosen account to cover the cost of your potential trade.

How to apply on the website

  1. Visit the IPO page on our website. 
  2. Find the IPO you want to invest in. If applications are open, select ‘Find out more’.  
  3. Read the eligibility information and, if you agree to the terms, select ‘I agree’.  
  4. Read the IPO information in detail. This includes how long applications are open, what the minimum investment amount is, and charges.  
  5. Download and read the Prospectus and (for investment trusts) the Key Information Document (KID).
  6. If you’re happy with this information, select ‘Apply now’.  
  7. Select ‘Log in and invest online now’ to use an existing account, or select to open an account and invest.  
  8. Log in online to see your accounts.  
  9. Follow the on-screen instructions. 
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