Invest in Apple without commission when you open an account with one of these brokers. Compare their platforms below and click-through to their website for more information.
Understand how to buy or sell Apple stocks online with our step-by-step guide.
Before you place your first trade, you’ll need to decide what it is that you are buying. You can either buy shares outright, in which case you’ll become a registered shareholder, or simply profit from changes in Apple’s share price through instruments known as CFDs (or Contracts for Difference). The following table compares these alternatives side-by-side:
Pros and cons ofbuying the stock | Pros and cons ofbuying a CFD on the stock |
|---|---|
Pay a commission | Trade without commission |
Pay stamp duty (UK) | No stamp duty due (UK) |
No leverage allowed | Leverage your tradesYou could take a $1,000 position with a $100 deposit by trading on margin |
Profit only in a rising market | Profit in a rising or falling marketGo long if you expect prices to rise, or short if you expect prices to fall |
Shareholding rightsDividend income, as well as the right to vote in shareholder meetings | No shareholding rights |
Shareholding obligationsRegister your ownership and declare large shareholdings | No shareholding obligationsYou are anonymous, except to your broker |
So how much money will you need to buy shares in Apple? You’ll need to cover the full purchase price - currently in excess of US$ 100 per share - and set aside money to cover your broker’s dealing fees and any tax due.
Congratulations, you are now are an Apple shareholder. This comes with rights and obligations. You’ll be entitled to dividend income and may have the right to vote in shareholder meetings if your shares allow. In return, you’ll need to register your ownership (except in the case of bearer shares), and may have a legal obligation to information the company when your holdings exceed certain thresholds of the company’s share capital (although this is unlikely if you only buy a few shares).
Alternatively, you could trade CFDs (Contract for Difference) on Apple’s stock. A CFD allows you to speculate on change’s in Apple's stock price, going long when prices rises and going short when they fall, without owning shares. This also means that you are free from the rights, obligations and taxes that come with share ownership.
CFDs are popular with investors like you because they allow you to trade on margin for a fraction of a stock’s price, but see changes in the stock price fully reflected in your profit or loss. You could buy a CFD on Apple’s stock valued at US$ 100 with a low US$ 10 deposit through Plus500.com, or a US$ 40 deposit through AvaTrade.com.
Most CFD brokers charge no commission. Instead, they earn a living through the bid-ask spread; that is the difference between the price at which you can buy and sell securities from them. Some brokers charge a fixed spread at all times, whilst other charge a variable spread based on market conditions. Plus500’s spread on Apple’s stock is just 7 cents, and AvaTrade’s is just 6 cents over the market spread.
Compare brokers through our service to find an account that meets your requirements. You should consider their trading conditions - including spreads, leverage and execution methods - as well as security of funds. If you are in a hurry to trade, we suggest funding your account through a debit card, credit card or an e-wallet (such as PayPal, Skrill or NETELLER). Bank wire transfers can be particularly slow and costly to complete. Importantly, the funding method you choose should be in your own name for compliance purposes.
Placing your first trade may seem daunting, but it need not be. All brokers in our panel allow you to trade directly from their website or a smartphone app. Click a button to 'buy' and another to 'sell' (or 'short') Apple shares directly from the charts. Nowadays, you no longer need to pick up the phone to trade through a dealing desk. Visit Plus500.com and AvaTrade.com to start trading.
Thus, if the name were to fall further from here, it would not be a severe move. Keep in mind, however, that a break below the 100-day moving average would change the stock's near-term trend. Our research partner, Cascend Securities, just raised its ... More »
Chuck Jones , Contributor I cover technology companies, worldwide economies and the stock market Opinions expressed by Forbes Contributors are their own. There are two main reasons for the today's weakness in Apple shares. There is a report from Nikkei ... More »
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Trading foreign exchange, contracts for differences or spread bets on margin carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some or all of your funds if the markets move against you. For this reason, you should not invest more than you could afford to lose. ForexBrokersAZ.com does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000. ForexBrokersAZ.com is owned by Hades Capital Limited, a company registered in England under number 08176698.
