I am going to take you through how to buy BT shares in the UK and how best to trade BT shares using popular retail investor accounts like eToro.
This is only a suggestive guide and does not constitute investment advice. Buying BT Group Plc shares is not without risk to your capital and you could lose money.
Also consider: Best stocks and shares to buy now
- Choose a trading platform. If you’re unsure which one to choose, see my guide to the best trading platforms UK.
- Open an account. You will need your national insurance number, personal ID and bank details.
- Enter payment details. Fund your new trading account via a debit card or bank transfer.
- Search for the stock code on your trading platform. Search for “BT-A.L”.
- Research BT shares information. Your trading platform can show you the latest information for BT.
- Now buy your BT shares. Go ahead if you’re happy to buy BT stock.
BT (BT-A.L) Live share price
Below you can see BT Group shares price live, subject stock exchange times and data update frequency.
Here is a quick rundown on how to buy BT shares.
Step 1: Get a Trading Platform
The first step is to find a suitable trading platform. Finding a trading platform that is to your liking and does what you need can be difficult in some instances.
With so many to choose from, take your time to find one that is right for you. Trading platforms and brokerages will differ. Be sure to find a platform that is authorised and regulated by the Financial Conduct Authority and appears on the Financial Services Register.
Step 2: Register for an Account
Once you have a suitable trading platform, you now need to set up a trading account. Accounts can be set up via the platform or brokerage and also with banks who offer different types of investment accounts.
Registering for an account will require some personal details. This is likely to include your full name and address, as well as your bank details and National Insurance Number.
Step 3: Do Research on BT Shares
Now that an account has been set up, it is time to do some extensive research into the stock you are looking at buying. In this case, take some time to research BT shares.
Research will help you make more informed decisions and help you to decide whether a trade is worth it. Research can take some time, but it is a crucial part of making a wise decision.
Step 4: Fund your New Account
To buy BT shares, you are going to need funds in your new trading account. Platforms will offer a variety of payment methods for making deposits.
Typically, they will include debit card payments and a bank transfer option. Others may also offer eWallet services such as PayPal and Skrill.
Step 5: Find BT Shares on your Trading Platform
Now that you have some funds to use, the next step is to find BT shares on your trading platform. The trading platform will let you buy or sell BT shares.
You can quickly search for BT shares by entering their ticker. The BT ticker as it appears on the London Stock Exchange is BT.A.
Step 6: Be Prepared to Trade
Following these steps will help you get to a stage where you can get yourself ready to make a trade. If you feel prepared, you can now start looking into buying shares in BT.
BT Group: A Brief Overlook
BT Group plc, formerly known as British Telecom, is a telecommunications company based in Britain. It is publicly listed on the London Stock Exchange and is a component of the FTSE 100.
The BT Group headquarters is based in London but is a multinational company that operates worldwide. In the UK, it is the largest provider of mobile, fixed-line and broadband services. BT also offers other services, including fibre-optic communication, IT services, television subscriptions, and various telecom services.
The current Chairman of BT Group plc is Adam Crozier. The current Chief Executive is Philip Jansen, and the current Group Finance Director is Simon Lowth.
Here are a few things that I would normally consider before I buy, trade or invest in a stock.
Do Your Own Research
This one may seem obvious to more experienced investors, but doing your own research can really make a difference. Buying shares and investing in stocks is very risky, so doing some extensive research before you make any financial commitments can help you make more informed decisions.
By researching BT shares before leaping in head first, you can view the company’s past performance, the past share price, their previously listed profit, and ultimately see whether it is worth investing. Forecasts from brokerages and financial experts can help you gauge possible future results of companies. However, even professionals never know where the market is going or how a stock is going to perform in the future.
Doing your own research can be an excellent place to start, but if you are still uncertain, you could always seek out independent advice from financial advisors and experts in the field. They can provide a more technical analysis of a stock.
How Will Buying BT Group Shares Impact my Portfolio?
If you already have some existing investments, you should wait and consider how buying, trading or investing in BT shares will impact the rest of your portfolio. Always make sure that you are financially able to invest and to think carefully about what it could mean to your other commitments.
If you are unsure about how buying BT shares will impact your portfolio, or things are just not making sense, then it might be an idea to seek out personal advice from a professional or financial expert. Although they will charge for their services, they can give you a much deeper and more detailed review of the situation and what it could mean for your existing portfolio.
If you have yet to establish a portfolio for yourself, then you will need to think carefully about whether you are ready to take on the responsibility of owning one. Buying, trading and investing in shares requires a lot of monitoring and staying up to date with the latest market developments. Therefore, time and commitment to your portfolio is needed.
What are my Investment Objectives?
Stop and take a minute to think and list your investment objectives. Ask yourself: what exactly do you want to get out of this investment? What will it mean for my finances if I decide to buy BT shares?
Buying, trading and investing in shares is a huge commitment and comes with a lot of potential risk. So you should take some time to recognise your financial goals.
Buying BT shares will mean that you own those shares. This is different to trading BT shares, where you speculate on whether the share price will fall or go up, but you will never take ownership of those shares.
In order to buy shares, you will need to find a platform and then create an account. This process is pretty straightforward and only takes a few minutes.
As soon as you are all set up, you should check out the latest developments and BT share price.
You can use the BT ticker (BT.A) to quickly search for BT shares. You will need to select the share price and then also choose the number of shares you want to purchase.
Once that is done, you can hit the ‘buy’ button/tab on the platform.
Opening a New Trading Account
To open a new trading account, the first thing you need is to find a good platform or brokerage. This will give you access to the stock market.
Be sure to use a platform, brokerage or company registered and regulated by the Financial Conduct Authority (FCA). The FCA controls the Financial Services Register, and you should be able to access their services directly to check whether or not a firm or company is registered.
Once a reputable platform has been chosen, then you will need to set up the account. Opening it will require some personal details.
This will likely include your full name, home address, National Insurance number, and bank details. You will also need to verify your identity by supplying a form of ID. This may be a passport, driver’s license or utility bill. The platform you choose will give you information about what sort of details they need from you.
Selling Shares in BT
If you have purchased BT shares, chances are you will want to sell those shares in the future. This might even be for a profit.
Selling BT shares is just as important as buying them. It is also just as complex, and you need to know when exactly to sell BT shares.
Be aware the you may be liable for capital gains tax if you sell your BT shares.
Finding the Best Trading Platform
Finding the best trading platform can sometimes be challenging. However, I would recommend taking the time to scout out some possible options and narrow down your choices.
Create a checklist of what you want out of a platform. Some platforms will have better experiences than others when it comes to trading and/or investing in a particular stock. Others can be more general and useful for all areas.
Be aware that platforms are likely to charge fees for their services.
Be mindful that using certain platforms and brokerages will likely accumulate fees. Fees are charged for their services.
Fees can apply to the deposit of funds and even if an account sits idle. Other fees such as commission are typically charged by brokerages such as Hargreaves Lansdown.
There is now a trend for a lot of platforms to charge little to zero commission. This is to remain competitive with one another. However, be aware that platforms and companies that charge zero commission are likely to charge other fees elsewhere to make it up.
Be sure to read all the terms and conditions when signing up for a new platform so you aren’t hit with any nasty surprises.
Do I need to Fund my Account?
To buy and sell BT shares, you are going to need to deposit funds into a trading account. The first thing to do is to consider how much money you want to put in. Be mindful of your personal finances and also be realistic about what you can afford.
Platforms will have a number of payment options for making deposits into a trading account. The typical methods will usually be a debit card payment or a bank transfer. Some platforms may offer additional methods such as eWallets, including PayPal, Neteller, and Skrill. Each platform will be different and will vary in what they offer customers.
It is usually recommended that you only deposit the amount you want to spend on an investment. This is because funds that remain idle in an account are very unlikely to accumulate interest.
Like with other companies, BT will offer their shareholders dividends. A dividend is a payment made to someone who owns a particular kind of share in the company when that company makes a profit. The company’s earnings are then distributed accordingly to shareholders. The number of shares you have in a company will determine how much you get.
Dividends are usually paid out as cash to shareholders. BT also offers their shareholders an additional dividend plan. This plan gives shareholders the opportunity to obtain more shares in BT rather than accepting a cash dividend.
Dividends are usually paid out to shareholders every quarter. But check the company’s individual dividend policy to see when exactly dividends are paid out.
To work out the amount a company will pay out as dividends to shareholders, you can work out the dividend yield. This ratio is a percentage of how much is paid out to shareholders relative to the price of the company’s stock.
To calculate the dividend yield of a company, you simply take the annual dividends of each share and then divide that by the price of each share. The result will be the percentage of how much the company will pay out in dividends.
When BT experienced a change over, this affected the share certificates. This happened in 2001. Old share certificates were invalidated in November 2001.
Since then, BT Group plc has issued new share certificates to their shareholders. This happened in December 2001 to replace the old share certificates.
Some shareholders still own physical share certificates. But now, it is becoming more and more common to hold shares electronically.
BT has its own service that will hold an individual’s BT shares electronically. This service is called ‘EasyShare’, and it is BT’s Corporate Sponsored Nominee service.
This service is only available to UK and EEA residents. A major positive about holding shares electronically is that there is a very low risk of misplacing or losing them. Another is that all the shares owned in BT will be held together in one place.
Holding BT shares electronically means you can access and see your shares online whenever you need to. BT also offers customers a free transfer to the EasyShare electronic holding service if they have physical share certificates.
Knowing whether BT shares are good to buy or not is extremely hard to understand. Even experts and brokers who create forecasts are never genuinely certain.
There are many factors that can impact how a stock performs. This can be internal in the company and even external factors such as politics and government decisions.
To answer the question of ‘are BT shares good to buy?’, it really comes down to the individual. Some stocks will be suitable for a certain type of investor but not suitable for another. Investors might be interested in focusing on a particular market, sector or industry, so they may not even consider buying BT shares if they do not fall into their category.
To work out whether a stock is good to buy, I try my best to think about how my potential investment is going to affect my existing portfolio. I may also consider how it will impact my current financial situation and relate it to the share price.
Knowing whether a share is overvalued or undervalued is extremely difficult. It is very hard to work out the true value of a stock, and financial experts can even struggle with it.
Share prices are going to change and fluctuate on a very regular basis. A share price may change between the start of the trading day and the end of the trading day.
The BT share price volatility is lower than the London Stock Exchange average. This means that the BT share price is less volatile when compared to the average for the exchange.
It can be worth looking at similar companies that operate in the same or similar industry to BT to get a comparative look at the volatility rates.
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The value of your investments (and any income from them) can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance. Investments should be considered over the longer term and should fit in with your overall attitude to risk and financial circumstances.
A pension is a long-term investment not normally accessible until 55 (57 from April 2028). The fund value may fluctuate and can go down, which would have an impact on the level of pension benefits available. Past performance is not a reliable indicator of future results. The tax implications of pension withdrawals will be based on your individual circumstances. Thresholds, percentage rates and tax legislation may change in subsequent Finance Acts.
CFDs are complex financial instruments and more than half of retail investor accounts lose money when trading CFDs. Please make sure that you know these risks before you start trading and that you’re aware there’s a high chance of losing money rapidly on your investment.