How to Buy Shares in Apple

Apple Inc. is a multinational technology company that designs and produces consumer electronics, computer software and other related services.

It was founded on 1st April 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne in Cupertino, California.

With all this in mind, it would seem that buying shares in Apple would be a good way to invest your money in the stock market.

A list of the Top Trading Brokers for October 2024:

1. Pepperstone
2. AvaTrade
3. eToro
4. Plus500
5. IG
6. Saxo

Description of the Best Trading Brokers to Buy Shares in Apple for October 2024

Pepperstone allows traders to buy Apple shares through Contracts for Difference (CFDs), which enable you to speculate on the price movements of Apple stock without owning the actual shares.

Pepperstone provides access to a wide range of global shares, including Apple, through its CFD offering. This allows traders to go long (buy) or short (sell) on Apple shares, benefiting from both rising and falling markets. The flexibility of CFD trading means you can trade Apple shares with leverage, magnifying your exposure to the stock’s price movements with a smaller initial investment.

Pepperstone supports trading Apple shares on multiple advanced platforms, including MetaTrader 5 (MT5), and cTrader. These platforms are known for their robust charting tools, multiple time frames, and a wide range of technical indicators.

Traders can use these tools to conduct thorough market analysis and execute trades efficiently. The integration with TradingView also provides enhanced charting capabilities and social trading features, which can be valuable for gaining insights and strategies from other traders.

Pepperstone offers competitive spreads and low commissions on share CFDs. For Apple shares, the trading costs are incorporated within the spread, ensuring transparency and cost-effectiveness. The Razor account, for example, provides lower spreads with a small commission per trade, making it attractive for active traders looking to minimize their transaction costs.

Pepperstone allows leverage on share CFDs, enabling traders to control larger positions with a smaller amount of capital. The leverage for trading Apple shares varies depending on regulatory requirements and the trader’s classification (retail or professional), with retail traders typically having access to lower leverage compared to professional traders.

Effective risk management is crucial when trading volatile stocks like Apple. Pepperstone offers various risk management tools, including stop-loss and take-profit orders, to help traders protect their investments and manage risk. Additionally, the platform provides negative balance protection, ensuring that traders do not lose more money than they have deposited.

Pepperstone provides a wealth of educational resources to help traders make informed decisions. This includes webinars, tutorials, market analysis, and trading guides, which are particularly useful for traders looking to understand the dynamics of trading major stocks like Apple. The broker also offers 24/5 customer support via live chat, phone, and email, ensuring that traders can get help whenever they need it.

AvaTrade is a reputable multinational broker established in 2006, providing traders with access to various financial markets, including stocks like Apple.

Through AvaTrade, traders can easily buy and sell Apple shares using its user-friendly interface and advanced trading tools.

AvaTrade offers leverage options, risk management tools like stop-loss orders, and comprehensive market analysis specific to Apple shares, enabling traders to make informed decisions.

It trades throughout normal market trading hours, depending on the time zone (usually 8:00 a.m. to 16:00 p.m. local time).

With regulatory compliance by CBI, FSA, B.V.I FSC, ASIC, FSCA, FSA/FFAJ and FRSA, responsive customer support, and educational resources, AvaTrade provides a secure and transparent environment for traders worldwide to buy shares in Apple and other leading companies in the global market.

Below content does not apply to US users

Founded in 2007, eToro is considered a very low-risk broker as it is highly regulated by the Financial Conduct Authority (FCA) in the UK and many other regulatory bodies elsewhere and can be a good place to buy shares in Apple.

Opening an account is free and you can access a $100,000 demo account to test the system.

It offers 47 currency pairs for trading. Spreads for forex trading have recently been significantly reduced and range from a very competitive 1 to 3 pips for major currency pairs.

Typical spreads for EURUSD and USDJPY trades, for example, are just 1 pip.

You can see the full list of spreads on the eToro website.

You’ll need to deposit a minimum of $200 for Copy Trading, eToro's standout feature which allows you to follow other traders and copy their trades.

This forex broker is great for beginners due to its user-friendly interface and app and 24-hour customer support. It allows you to trade currencies, stocks and cryptocurrencies in one portfolio and the Copy Trading system is a great way to learn.

The company also offers trading courses and features a Learning Lab which houses a variety of tools to support clients with their trading experience.

51% of retail investor accounts lose money when trading CFDs with eToro. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Plus500 instruments are available for trading exclusively via CFDs and the service offered on the platform is CFD-based.

Another user-friendly entry on our list of the best forex and CFD brokers where you can buy shares in Apple in the UK is Plus500, which provides an easy-to-use and accessible service.

You’ll find over 60 CFD currency pairs with competitive spreads, no commission and available leverage of up to 1:30.

Although MetaTrader and cTrader are not available, Plus500’s own platform is very user-friendly. It comes with a range of intuitive risk management features and is available on web and mobile.

Plus500 requires a minimum deposit of £100 if using a credit or debit card, and £500 if using bank transfer.

Plus500 UK Ltd authorized & regulated by the FCA (#509909).

IG is a great share trading platform for beginners thanks to its user-friendly interface and extensive educational resources.

Pros of IG include a wide range of trading instruments and markets, as well as the ability to access multiple account types and trading platforms. The platform also offers a demo account for beginners to practise trading strategies before investing real money.

However, IG isn’t the cheapest share trading platform, with relatively high trading fees and a minimum deposit requirement of £250 when paying by credit/debit card or PayPal.

In terms of additional fees, IG charges a commission fee for share trading, starting from £8 per trade. There’s also a custody fee of 0.25% per year for holdings of £250 or more.

Overall, IG is a solid choice for beginners looking for a user-friendly platform with extensive educational resources, but investors should be aware of its fees and minimum deposit requirements.

Saxo provides an excellent platform for buying shares in major companies like Apple, thanks to its comprehensive trading services and advanced tools.

Saxo gives traders access to global markets, including the US stock exchanges where Apple shares are traded. This makes it straightforward for investors from around the world to buy Apple shares through Saxo's platform.

Investors can utilize Saxo's trading platforms — SaxoTraderGO and SaxoTraderPRO — which are known for their robust features and user-friendly interfaces. These platforms provide real-time data, advanced charting tools, and in-depth analysis capabilities that can aid in making informed investment decisions regarding Apple shares.

Saxo offers detailed research and analytics, including specific insights on Apple as a company. Traders can access financial statements, stock performance data, industry comparisons, and expert analysis, all of which are valuable when assessing Apple as an investment.

For those new to stock trading or to the platform, Saxo provides extensive educational resources. These include tutorials on how to use the trading platform, as well as articles and webinars on investment strategies and stock market fundamentals.

In addition to buying shares outright, Saxo allows for investment in Apple through various other financial instruments such as CFDs, options, and ETFs that may include Apple in their portfolio. This variety enables investors to choose how they want to include Apple in their investment strategy, depending on their market outlook and risk tolerance.

As a globally regulated bank, Saxo offers a secure and reliable environment for purchasing shares. This ensures that all investment activities are conducted under strict regulatory standards, providing peace of mind to investors.

Can You Buy Shares in Apple?

Apple shares are publicly traded on the NASDAQ stock exchange under the ticker symbol AAPL.

When you buy shares in Apple, you essentially become a part-owner of the company. As an owner of the stock, you are entitled to receive a portion of the company's profits in the form of dividends (if the company chooses to pay them) and have voting rights at the company's shareholder meetings.

The price of Apple shares fluctuates depending on market demand and other factors such as the company's financial performance, news and events that impact the technology industry and overall economic conditions.

Investors buy and sell shares of Apple stock on the stock exchange, with the hope of making a profit by buying low and selling high.

What you aim to get from your investment will determine whether Apple is the right company for you to invest in.

Apple Stock Price Today (online Chart):

What Is the Apple Share Price like Historically?

The share price of Apple can fluctuate significantly based on various factors such as the overall stock market trends, the company's financial performance and news and events that affect the technology industry.

Historically, Apple's share price has shown a steady upward trend, with some occasional dips and corrections along the way.

For example, in the early 2000s, Apple's share price was less than $5 USD, but over the next two decades, the company's innovative product development and strong brand recognition have helped the share price grow substantially.

In 2020, Apple's share price saw a significant increase due to the company's strong financial performance and a shift in consumer behavior towards increased technology use during the COVID-19 pandemic.

The share price reached an all-time high of over $150 USD in early 2021 before experiencing some corrections in the following months.

It's important to note that past performance is not a guarantee of future results, and the stock market can be volatile and unpredictable. It's essential to do your research, consult with a financial advisor and make informed investment decisions based on your investment goals and risk tolerance.

Factors to Consider when Deciding to Buy Apple Shares

Factors to look at when choosing whether to buy Apple shares, or in fact any company’s, are:

Capital Growth

When looking at the capital growth, you need to assess if your investment is going to increase in value over time.

If you want to make a profit on your investment, you want to select a company that is predicted to grow long-term at a higher rate than other companies on the market.

Apple is one of the leaders in its industry and doesn't seem to be slowing down, so capital growth is likely.

Income From Dividends

Will you be able to make an income after you buy Apple shares through dividends?

Apple has said that it will be paying an annual dividend to shareholders. Although the dividends are not thought to be high, as the company tends to pour profits into the next product or big development.

This has its pros and cons. If you are looking for an income out of buying shares, Apple may not be the best company for regular payouts. However, with the company constantly growing in wealth, it is a good long-term investment.

Combination of These Two Things

Some investors are looking for a good return on their investment through capital growth whilst also receiving dividends.

This is possible with some investments – it is just working out which one is for you and which shares will give you this.

Other Factors

Other factors to bear in mind when you buy shares in Apple:

• What is its share price? Is Apple a good stock to buy? – To understand this, you need to know how much each share price is, if it is within your budget and if you are likely to make profit on this.
• Growth of earnings – Is the company going to continue to make money and grow? Currently Apple continues to make money and keeps growing due to the regularity of new products coming on the market.
• Takeover – Is there a chance or are there rumours that the company will be taken over? There doesn't seem to be any rumours at the moment, but it is always good to keep an eye on this.
• Depressed share prices – At a time where there is a recession, or the company is not doing as well, share prices will decrease in value. Tech companies are currently worth investing in, though.

Before Buying Apple Stocks: Research and Preparation

Investing in stocks, particularly buying shares in Apple, can be a great way to grow your wealth over time. However, before you invest your hard-earned money, it's important to do your research and prepare yourself adequately.

Here are some steps to take before buying Apple stocks:

Understand the Stock Market

To begin with, it's important to understand how the stock market works. This includes understanding basic financial concepts such as stock prices, market capitalization and earnings reports.

There are many online resources available that can help you learn the basics of investing in the stock market.

Learn about Apple’s Financial Health

Before buying shares in Apple, it's important to research the financial health of the company.

This includes studying Apple's financial statements, including their income statements, balance sheets and cash flow statements.

You can find these statements on Apple's investor relations website.

Determine Investment Goals and Risk Tolerance

It's also important to determine your investment goals and risk tolerance.

• Are you looking to invest for the long-term or short-term?
• Are you willing to take on higher risks for potentially higher returns?
• Do you prefer a more conservative investment approach?

Answering these questions will help you make better investment decisions.

Decide on a Budget and Investment Timeframe

Another important consideration is how much money you want to invest when you buy shares in Apple and for how long. This will depend on your financial situation, investment goals and risk tolerance.

You should never invest more than you can afford to lose, and you should also have a clear idea of how long you're willing to hold your investment before selling it.

Remember, investing in the stock market carries risks, so it's important to do your research and be prepared before investing your money.

If you have considered all of the factors and taken into account the company’s policies on shareholders and decide you want to buy shares in Apple, this section looks at how to buy into Apple stocks in the UK.

There are a few steps to take and common advice to consider when looking at how to buy shares in Apple.

The steps are as follows:

Frequently Asked Questions

Final Thoughts

It is easy to see why someone would want to consider buying shares in Apple.

The company continues to grow and makes millions each year.

However, it is worth looking at the main factors for consideration before you buy shares in Apple. Investors want different things out of buying shares, and each company on the stock market works differently with its investors.

Many tech companies pour all profits back into making new products, so investors may not get much regular income out of investing in a company like Apple.

As with all investments, ensure you use a reputable and certified trading platform and only invest money that isn't needed for paying bills.

There are two main ways to invest in Apple – the first is to buy shares in Apple shares individually and the other is investing through a fund manager. Choose the one that is best for you.

WikiJob does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal.