Summary: Apple is among the ten largest companies in the world in terms of revenue, boasting a thirteen-figure market cap. In this guide, you will learn how to buy Apple shares in Australia through an online brokerage such as Plus500.
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Reliable & Regulated by CySEC (#250/14) - Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange
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Low cost investing - No commissions and tight spreads.
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About Apple
Apple Inc. (NASDAQ: AAPL) is an American-based multinational tech company. Since its humble beginnings in 1976, when it was founded by the now-legendary Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has become one of the world’s leading and most profitable tech companies, known not only for its innovative products and services but sleek corporate and brand marketing. While most known for its mobile, tablet, and personal computer devices, Apple now operates in the video-on-demand sector as well.
How to buy Apple shares in Australia: Step-by-step
Australian investors looking to buy Apple shares can take the following steps:
Step 1: Choose a broker
To start your investing journey and buy Apple shares, you should open an account with a reputable and regulated stock broker. There are a huge number of solid platforms on the internet, but some are not as good as they at first appear, so you have to do some research and find a broker that aligns with your investing preferences.
Things to consider when choosing a broker:
- Fees: The lower the commission rates and account maintenance fees, the better. However, keep in mind that low fees alone are not enough to make a good platform;
- Accessibility: Find a platform that is user-friendly and can accommodate various investing strategies;
- Security: Check the platform’s security policies and consider only platforms with licenses issued by respected financial organizations, for example, the Australian Securities & Investments Commission (ASIC);
- Customer support: Responsive customer support is essential;
- Asset availability: If the shares you want to buy are not listed on the platform, all additional features it might have will be useless to you;
- Extra features: Hefty features such as chart patterns and educational resources are always welcome.
Our go-to stock broker for Australian investors is Plus500. It is regulated by the Australian Securities & Investments Commission (ASIC) and comes with a variety of additional features, including:
- Free demo accounts;
- Multi-asset CFDs on more than 2,000 financial instruments, including stocks, Forex, crypto, ETFs, commodities, and more;
- Mobile trading;
- Convenient deposit options via PayPal, Visa, Mastercard, etc.:
- Free withdrawals.
Note
Recommended Multi-asset Broker for Online CFD Trading
-
Reliable & Regulated by CySEC (#250/14) - Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange
-
Wide range of instruments - CFDs on stocks, crypto, forex, commodities, ETFs, and more
-
Low cost investing - No commissions and tight spreads.
-
Transparent pricing on overnight funding, currency conversion fees, guaranteed stop orders, and inactivity fees.
-
Advanced platform - Top notch analytical tools, real-time quotes, fast order execution, secure withdrawals
Step 2: Register and fund your brokerage account
The next step is to register an account. With most brokers, you will simply have to provide some of your personal and banking information and go through a simple registration process that includes setting up a password and personalizing your account, as well as a know-your-customer (KYC) procedure to let the platform know you are a legit investor.
When the platform approves your account, you can start funding it. You can do that through your payment method of choice, provided the platform supports it. Usually, you can fund your account via:
- Bank account transfers;
- Wire transfers;
- Third-party payment systems such as PayPal;
- Transfers from other accounts.
Note, though, that some brokers impose account minimums. Plus500, for example, has an account minimum of $100.
Note
Step 3: Place your order
With some funds in your account, you can buy Apple shares by following these steps:
- Find the Apple stock by searching for its ticker symbols (AAPl) or by searching for the company name itself (Apple Inc.);
- Specify the number of shares you wish to buy (or the dollar amount you want to invest);
- Choose the order type (e.g., limit, stop-loss, etc., depending on the broker);
- Review the order to ensure the accuracy of information;
- Execute the order.
Apple stock price today
Pros and cons of investing in Apple
Pros
- Apple operates in a number of sectors: Although it’s mostly known for its mobile phones and computers, Apple is now a diversified business, manufacturing gadgets such as watches and offering users a number of services, such as video and music streaming, Apple Arcade, Apple Fitness+, etc.;
- Strong brand: Apple is one of the most recognizable brands in the world with a loyal fan base;
- Innovation: The company keeps pushing forward in the tech department, offering new and improved products regularly;
- Strong track record: Apple has a solid track record, and all information pertinent to its stock is readily available online.
Cons
- The market is competitive: Apple is in constant competition with its rivals, especially in the mobile sector;
- iPhone-dependant: Although Apple is a diversified company, iPhones alone generate more than 50% of its income;
- The stock is often pricey: The company’s stock price has increased significantly in the past couple of decades.
How to buy Apple shares in Australia safely
Investing is inherently risky, so there is no guarantee you will make a profit every time. However, you can minimize risks by avoiding some of the most common investing mistakes, including:
- Lack of research: Failing to educate yourself about topics pertaining to investing and trading, as well as account management, is nothing but detrimental;
- High expectations: Having unrealistic expectations will only lead to disappointment. Investing in stocks is not a sure and quick way to wealth;
- Bad timing: Investing when you are not in the position to do so and not having emergency funds makes investing even riskier;
- Falling for hype: Jumping on the hype bandwagon without conducting independent research will lead to poor investment choices;
- Ignoring fundamentals: Not understanding fundamental factors like supply and demand is also harmful;
- Lack of diversification: Investing in only one asset can lead to higher risk since your portfolio will depend on a single stock’s performance;
- Neglecting fees: Overlooking transaction costs and fees, as well as taxes associated with stock trading, can lower your profits;
- Expecting constant gains: Positive performance in the past will not necessarily indicate future growth.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Apple shares in Australia
How to buy Apple shares in Australia?
To buy Apple shares, Australian investors can open an account at an online stock broker such as Plus500.
Can Australians invest in Apple?
Yes, Australian residents can invest in Apple and other foreign stocks on online exchange platforms such as Plus500.
Should I buy Apple stock in Australia?
To see whether you should buy Apple stock, consider whether it aligns with your investment goals, the composition of your portfolio, and your risk tolerance. All investments are risky, so be sure you do thorough research before investing.
Recommended Multi-asset Broker for Online CFD Trading
-
Reliable & Regulated by CySEC (#250/14) - Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange
-
Wide range of instruments - CFDs on stocks, crypto, forex, commodities, ETFs, and more
-
Low cost investing - No commissions and tight spreads.
-
Transparent pricing on overnight funding, currency conversion fees, guaranteed stop orders, and inactivity fees.
-
Advanced platform - Top notch analytical tools, real-time quotes, fast order execution, secure withdrawals
