How to Buy Glencore Shares UK

Here I am going to give you a summary about buying Glencore shares, one of the world’s largest commodity producers. Buying shares in Glencore is only part of it, so I will also give you some information about finding a trading platform and trading account.

This is just a suggestive guide and does not amount to or constitute investment advice. Investing, buying, and trading shares/stock comes with a lot of risk to your capital and nothing is guaranteed.

Also consider: Best stocks and shares to buy now

Buy Glencore Shares: A Step-by-Step Guide

If you are looking for a quick rundown of the process of getting to buying Glencore shares, here is a short step-by-step guide. The following is a summary of some of the steps you might need to take:

Step 1: Browse the Trading Platforms

One of the first things to do is browse the available trading platforms. A trading platform is a piece of software, such as a trading app, desktop service, or online broker, that gives you access to trade.

There are different kinds of platforms to choose from, so it can help to browse the different trading platforms to find one that is best suited to your purposes.

Step 2: Create a Trading Account

Once you have found and selected a suitable trading platform, you will now need to set up a trading account. The account will let you buy and sell shares.

You will need to provide some personal details to set up an account. This can typically include a full name and address, along with a National Insurance Number and bank details. Be sure to check with your account holder the type of information they require.

Step 3: Do Some Extensive Research

Now that you have an account set up, you will want to do some extensive research before making any trades, investments or purchases. Conducting extensive research to prepare is very crucial and is highly recommended.

Doing research is important to help you make an informed decision and to get to know the sort of commitment you are making. Be sure that you are financially able to commit to buying Glencore shares. If in doubt, you can always seek out personal advice or independent financial advice from an expert.

Step 4: Deposit Funds into Your New Account

In order to buy Glencore shares, you will need to deposit funds into your new account. Funds can be deposited into an account through a variety of payment methods.

Payment methods can differ between platforms and account providers. Typically, you can make a minimum deposit by debit card payments and bank transfers. Others may have eWallet services such as PayPal.

Step 5: Search for Glencore Shares on the Trading Platform

Now it’s time to search for Glencore shares on your chosen trading platform. This can be done quickly by searching for the company itself or by entering the ticker.

The London Stock Exchange ticker for Glencore is GLEN. This ticker can be used to find the stock price and other bits of information.

Step 6: Ready to Buy and Trade Glencore Shares

If you have managed to complete all of these steps, you should be set to buy and trade Glencore shares. But only you can know for sure if you are ready.

A Short History of Glencore plc

Glencore plc is one of the world’s largest commodity producers, specialising in mining and trading, founded in 1974 by Marc Rich. It is an Anglo-Swiss company, with its main headquarters based in Baar in Switzerland.

Glencore plc also operates an oil and gas business with its head office based in London. The company also has offices in the Netherlands and Jersey, with each office dealing with a specific area of the business. The current CEO is Gary Nagle.

Glencore plc is a public limited company. It is primarily listed on the London Stock Exchange, where its ticker is GLEN. It is also listed on the Johannesburg Stock Exchange based in South Africa. The JSE ticker is GLN.

Glencore plc’s primary service is the mining of minerals and metals and is one of the world’s largest commodities traders. The company also deals in other services such as energy products, agricultural goods and natural resources. It has a number of facilities producing supplies and natural resources such as coal, gas, oil, industrial metals, and agricultural goods. Glencore is one of the world’s biggest exporters of coking coal and thermal coal.

Glencore plc is a component of the FTSE 100, an index of 100 companies with the highest market capitalisation listed on the London Stock Exchange. The London Stock Exchange can be used to find and buy UK shares.

Some Things to Think About Before you Buy Glencore Shares

Here are some things that I like to consider and bear in mind before I buy any shares or stocks, and also Glencore plc.

Carryout Extensive Research

Carrying out extensive research is a significant step before buying, trading or investing. You will want to find out as much about a company and their shares as possible before you make any financial commitments.

You should be prepared to conduct extensive research before buying Glencore plc shares. You can start by researching the very basics, such as the origins of the business, the services it provides, and its past performances in the stock market.

You could also try looking at the current share prices and compare them with the previous share prices. Consider the Glencore plc recent earnings and their potential future prospects to get an idea of where the company might be heading. You can try looking at some forecasts made by financial experts, professional investors and brokers. Still, these are only ever speculative and are not always perfectly accurate.

Doing your own research can help you make more informed decisions about buying a stock. If you need further information, you could try consulting an expert or professional financing services.

How does this Impact my Current Portfolio?

I also like to think about how buying or investing in a new stock is going to impact my current portfolio. If you also have an existing portfolio with other investments in, you should carefully consider how investing in another stock like Glencore plc is going to affect it.

In the long run, it can be difficult to know how an investment will impact the rest of your shares. But it can be worth seeking personal advice and help from professionals in financing services to look at your portfolio and make an assessment. This may have other fees attached.

Suppose you do not have a portfolio yet, meaning that an investment or purchase of Glencore shares will be your first. In that case, you should think about whether you are ready to take on the responsibility of having a portfolio. Portfolios do take time to manage properly.

There are a number of things to remember if you want to manage a new portfolio properly. A suggestion is to check the market on a regular basis to stay updated on the changing market value of a stock and also the change in share price. This will help you stay informed on the latest developments, and you can decide whether to sell a share as well as buy them.

What are my Financial Goals and Investment Objectives?

This is something you might want to do when you start your research. Taking a step back can be worthwhile, and thinking about your personal financial goals and objectives.

What do you want to get out of buying Glencore shares? Are you prepared and ready? Is it a long-term thing? Do you have a target price in mind?

You can try noting down and listing your goals so that you can visualise them. This helps with laying out and understanding exactly what you want to achieve with your investment.

Every investor is going to have different financial goals and objectives. So take some time to recognise what yours are, and this will help you make an ultimate decision about buying Glencore shares.

Can I Afford to Buy Glencore Shares?

This might seem obvious, but you should think carefully about whether you are in a good position financially to buy Glencore plc shares. Buying, trading and investing in a company’s stock is inherently risky and will put your capital at risk and stock prices will fluctuate regularly.

Buying Glencore shares can also be an expensive venture. Look at your own financial situation and work out what you are able to afford. Try to be realistic and know what your limits are.

Think about your other financial commitments and what it could mean for them if you buy Glencore plc shares. Be careful and considerate of your own position before you make any firm commitments.

Knowing whether or not you can afford to buy Glencore stock is really down to you and is entirely your own decision. It is your prerogative to find out whether you are able to afford to buy Glencore plc shares.

Is Now the Right Time to Buy Stock in Glencore plc?

This is something that I like to think about when I do my research. When I research information about a company or business, including their past performance, I will want to consider whether or not it is the right time to buy stock.

There are a number of different sites that you can use to work this out. To know whether it is the right time, it can be worth looking at these websites and checking the market.

Ultimately there are a number of things that can impact a stock price. Owners will never really know whether it is an excellent time to buy a stock or not, as there are so many different factors that can impact it.

If you are able to, then it could be worth independent sourcing advice from a financial expert or a professional in this area. They might be able to help you to better understand where the market is, where it might go, and whether it is worth buying Glencore plc shares. Be aware that this will likely cost a consultation fee.

How to Buy Shares in Glencore plc

Buying shares in a company requires that company to have publicly listed shares to purchase. The company must also be listed on a stock exchange, like the London Stock Exchange. Glencore plc is listed on the London Stock Exchange with its stock market ticker as GLEN.

Each share will have a share price. The share price is going to change on a regular basis. It will move with how the company is performing and can also be affected by other factors such as world finances, the world economy and politics.

The share price will fluctuate during the trading hours of a given market. For the London Stock Exchange, the trading hours are between 08:00 and 16:30 GMT. This can even mean that the share price will change considerably over the course of a single day of trades.

Finding the Right Trading Platform

Finding the right trading platform can be difficult, especially if you are new to the world of trading and buying shares. To buy Glencore plc shares, you are going to need to find yourself a trading platform and/or a brokerage.

A lot of platforms can be accessed online, and there are now trading apps available to download. An online broker is also an option. There are plenty of online brokers to choose from as well, and they differ slightly from trading apps and trading platforms.

Brokers can be different, though and may offer different services to their customers. Some brokers will just act as a portfolio manager. Not all brokers will offer their customers personal advice on investment opportunities. In fact, most brokers do not offer financial or personal advice.

Some platforms may specialise in trading a certain type of stock or even in a particular sector or industry. As I have already suggested, it can be worthwhile to take some time to browse the options and understand what is available to you.

Be sure to select an authorised and regulated platform of brokerage. In the UK, you can check if a firm or individual is regulated by the Financial Conduct Authority. The Financial Conduct Authority (FCA) runs the Financial Services Register that lists authorised firms and individuals. You should be able to access the FCA website and search the register.

Opening a New Trading Account

Finding a trading platform is only half the battle. Now you will need to open a new account if you do not already have one to buy shares, sell shares and invest.

To set up an account, you will typically need to provide your personal details. This will likely include your own name and home address.

Alongside this, you will need to supply a National Insurance Number and bank details. Your identity will need to be verified so that further information could be requested, such as a passport, driver’s license, or utility bill.

The time it will take for your new account to be ready can depend on the provider. Some may need to take a bit of time to verify your ID and other credentials before they start letting you buy shares, invest and trade shares.

How to Sell Glencore Shares

Selling shares is just as important as buying shares, and it can be just as difficult to know when to sell Glencore plc shares as well. It is strongly advised that investors strategize for the long term, and selling should be a factor in this strategy. When you start looking to sell, check the market and the current stock price to see the difference between the share price from when you first purchased Glencore shares and view the current sell prices.

Just like when you prepare to buy shares by doing research, knowing when exactly to sell shares also requires some extensive research. You should always try to stay on top of things by checking the share price, the market, the company’s ongoing and future business matters, and other pieces of important information.

You should try to be as well-informed as possible when it comes to selling your shares. It should ideally be beneficial for you where you might be able to turn a profit. In some cases, however, investors will need to offload their shares for other reasons.

Be sure that you want to sell the shares as well. This is something you should really consider when you first do your research and lay out your investment objectives. Think carefully about whether purchasing Glencore plc shares is a short-term or long-term investment.

If you have decided that you do, in fact, want to sell Glencore plc shares, then you should be able to do this via your trading platform or chosen brokerage. Simply search for Glencore plc or use the GLEN ticker and then navigate to the ‘sell’ option. Once there, you should be able to select the number of shares you want to sell.

Fees and Commission

A lot of platforms and brokerages will charge fees for their services. Fees can come in many forms, and the size of the fee can depend on the platform or brokerage used.

Most platforms will end up charging a deposit fee. Other fees can apply as well, such as commission. A lot of platforms have started to move away from commission, either charging low or zero commission. Brokerages are more likely to charge commission.

Platforms such as eToro have even started to offer their new customers commission-free trading in stocks if they sign up for a new account with them.

Before opting in and signing up with a platform and/or brokerage, be sure to read through their terms and conditions or consult their help centre for information about fees.

Deciding on How Much to Invest in Glencore plc

Now that you have compiled together some information about the company and their share prices, you should think carefully about how much you want to invest in Glencore plc.

There are a number of things you might want to consider. The most significant factor is to consider your personal finances and what you can actually afford to invest.

Investments, trades and buying shares comes with a lot of high risk attached and your capital and personal finances will be at risk with any decision such as this. It can be a good idea to weigh up your options compared with how much you can afford after paying bills and other financial commitments.

Be aware that the share price is likely to change very regularly. It can even change a lot on a single trading day during the trading hours.

Funding your Investments

Investors need a way to fund their investments. Therefore, when a new account is open, funds will need to be deposited into that account. The funds can be used to purchase shares in Glencore plc.

Deposits can be made through a variety of payment methods. This will vary depending on the platform or provider. Most platforms will offer their customers typical deposit methods, such as debit card payments or a direct bank transfer. Other providers can even offer eWallet services such as PayPal, Neteller, or Skrill.

It is usually advised and recommended that investors only deposit the exact amount of money they want to use to invest or buy shares. Therefore, you should take the current share price, work out how many shares you want to purchase, and then calculate how much it is going to cost in total for that transaction. It can also be worth checking if platforms and accounts have a minimum deposit requirement.

Funds left idle in an account are very unlikely to accumulate interest. And it can be worth being strict with yourself and only spending what you have afforded to yourself. There could be a temptation to buy extra shares or invest in another company without doing proper research first if the funds are sat in your account.

Take the time to think carefully about what you can afford and what you want from buying Glencore plc shares.

How Much Stock Should I Buy?

The amount of stock you buy is entirely your personal choice and will vary between every person. If you are set on actually buying shares in Glencore outright, then you should carefully consider your financial options.

This links with your financial objectives and what you want to get out of this purchase. If you are definitely looking to purchase shares in Glencore plc, then you should put together how much you are able to buy with the investment aims.

Be realistic and honest with yourself. As investments and buying stocks is incredibly risky and is going to put your capital at risk, you want to try to be as honest with yourself as possible and do not make any silly mistakes or jump in head first without due consideration.

Be sure to work out your own budget and be realistic about what you can afford. It is never advisable that you go beyond your means to buy shares, trade, or make an investment in a stock.

So knowing how much Glencore stock you should buy is very individual, and only you can know. Look at your portfolio, work out your finances, consider the market, and do your research. These are all suggestions, but it is only down to you and your own judgment, but do remember that you are putting your capital at significant risk.

Does Glencore plc Pay Dividends?

If you own a certain type of share (including ordinary shares), then you might be entitled to receive a dividend income. Dividends are paid out to shareholders if the company makes a profit. The dividends are distributed based on the number of shares and how many shares each shareholder owns.

Dividends are typically distributed every financial quarter, but shareholders can typically check with the company directly to view their dividend policy. Not every company will pay out dividends, though. But common shareholders in companies that do pay out dividends will have the opportunity to claim an amount, and this is dependent on if they take possession/ownership of stock prior to the ex dividend date.

Most dividend income will be as a cash payment. Some companies and firms are now giving their shareholders a choice between accepting a cash payment or a reinvestment in further stock.

The amount each shareholder gets will depend on how much stock they own. Corporate earnings will also depend on how much each shareholder gets. Dividends are mostly determined by the board of directors of the company.

Not all companies will distribute dividends. In fact, some will take their earnings and reinvest it in the company rather than distribute it to shareholders.

Glencore does appear to offer its shareholders dividends. Glencore plc has distribution information for investors found on their official website.

A dividend yield determines the amount that Glencore plc will pay out to shareholders.

Dividend Yield

A dividend yield displays the amount that is given to each shareholder who owns a share of stock in a company. The ratio is shown as a percentage.

The calculation used to determine a dividend yield is to take the annual dividends for each share and then divide it by the price of each share. The dividend yield is typically calculated by taking the information displayed in the report from the company’s previous financial year.

Derivatives

Glencore: CFD Trading

Contract for Difference, or CFDs for short, is a derivative product. CFDs are complex financial instruments, and there is a lot of inherent risk attached to them.

When you trade CFDs, you will never actually own the shares or stock in the company, meaning you will never take ownership of the asset. Instead, traders will speculate on the share price, and a CFD allows for trading based on the movement of share prices on selected financial markets.

When trading CFDs, traders essentially speculate on whether the price of an asset is going to go up (rise) or down (fall). If a trader speculates that the share price will go up, then they will buy. If a trader speculates that the share price will go down, then they will sell.

The outcome then dictates profits. If the trader was correct, then they might make a profit. If they were incorrect, then they could incur a heavy loss. This is why CFD trading is highly risky and why CFDs are considered to be complex financial instruments. Both selling and buying shares based on the speculations can incur losses.

Glencore plc: Spread Betting

Spread betting is another type of derivative and is similar to CFD trading. With spread betting, traders also speculate on whether the price of an asset is going to go up or down.

Spread betting is also very risky and are considered to be complex financial instruments. As one of the most popular derivative products, spread betting is quite common but is very risky.

With spread betting, a trader will never take on ownership of an asset. Instead, a trader speculates on whether the price of that asset is going to go up or down. Traders decide on whether to go ‘long’ or ‘short’.

Are Glencore plc Shares Good to Buy?

It is extremely difficult to know whether a stock is good to buy. It really comes down to a number of important factors, but it is also down to individual circumstances.

Think carefully about your own financial situation and whether it is financially prudent for you to buy Glencore shares.

The volatility of Glencore plc shares is reported to be relatively high compared to the London Stock Exchange average. With the share price being highly volatile, it can mean that there is a much higher risk attached to them. Investors typically compare volatility rates between different companies that operate in the same industry to get a better picture.

Are Glencore plc Shares Overvalued or Undervalued?

Knowing whether Glencore plc shares are overvalued or undervalued can be pretty difficult to determine. Putting any value on stock is very hard, and even professionals have trouble with it.

Investors will never truly know whether the value of a stock is over or undervalued, but there are some things to do to help you gauge the possible value.

The P/E Ratio

One way is to calculate the P/E ratio, the ‘Price to Earnings’ ratio. The P/E ratio is a way of measuring a stock’s share price relative to each share’s potential earnings.

It is typically understood that if a PE ratio is high, it could potentially mean that the stock in that company is overvalued. It has been reported that the Glencore P/E ratio is high compared to the rest of the index. This can either mean that the stocks are overvalued or that investors are hopeful that their investment in Glencore plc will be positive.

When it comes to the P/E ratio, it can be worth comparing the company with other companies in the same sector or industry. Overall, you should consider the P/E ratio before you start buying or investing in Glencore.

The PEG Ratio

The PEG ratio is used to determine what the potential value of a business or company. It looks at the company’s earnings, the current market price, and the what the future growth of the company might look like. Essentially it looks at what the future could be for Glencore in terms of its profitability.

PEG ratio stands for Price/Earnings-to-Growth Ratio. As a very fundamental way of looking at it, the PEG ratio can help determine whether a share price is undervalued or overvalued.

The ratio is determined by taking the calculated P/E ratio and then dividing that by the company’s growth. If the resulting number is below the average of 1, then this can mean that the shares/stock is not overvalued relative to the company’s growth rate at the time.

How to buy Glencore shares UK FAQs

Useful resources

• London Stock Exchange
• Financial Conduct Authority
• Wikipedia