SELECT * FROM future.stocks WHERE name like '%dropbox%' LIMIT 1; How To Buy Dropbox Stock ? - Grow Your Financial Portfolio

How To Buy Dropbox Stock

You can buy Dropbox shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Dropbox shares with a broker like eToro or you can trade Dropbox CFDs with XTB you can begin trading Dropbox shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Dropbox stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB FP Markets City Index Trading212 Plus500
Rating
Used By 12,000,000+ 250,000+ 10,000+ 14,000+ 14,000,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Dropbox Stock. What you should know, Types of trading Dropbox Stock and CFD's. Pros and Cons, everything is explained below.

Dropbox Financial Details

Financial Details

Dropbox Stock symbol DBX
Dropbox Sector and Industry Technology Software
Dropbox Exchange NASDAQ - National Association of Securities Dealers Automated Quotations exchange
52 Week High $26.49
52 Week Low $16.08
Dropbox Market Capitalisation $7,002,344,347.00
Dropbox Average Volume 3,603,883.00
Dropbox PE #N/A
Dropbox EPS -0.13
Stock Currency USD

Overview of Dropbox

Dropbox is an American Technology Software company currently traded on the NASDAQ which fully known as the National Association of Securities Dealers Automated Quotations exchange.

Dropbox trades under the stock symbol DBX on the NASDAQ.

Dropbox shares are exchanged in USD on the NASDAQ.

Dropbox has a current share price of $16.76 USD dated 31/01/2020.

The highest Dropbox share price over the last 52 weeks was $26.49 USD and its lowest price over the last 52 weeks was $16.08 USD. That is a 52 week price range of $16.08 - $26.49.

Dropbox Trading Volume and PE

Dropbox currently has 253,940,000.00 active shares in circulation traded through the NASDAQ exchange.

Dropbox market capitalization is $7,002,344,347.00 with an average daily trading volume of 3,603,883.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Dropbox has a Price Earning Ratio ( PE ) of #N/A and earning per share ( EPS ) of -0.13. Generally speaking Dropbox having a high P/E ratio means that Dropbox investors forsee increased growth with Dropbox in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Dropbox earnings per share is Disney company profit that's allocated to every Dropbox common stock. Earnings per share is calculated by taking the difference between Dropbox's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Dropbox shares outstanding.

Dropbox Financial Charts

Financial Details

Dropbox Information

Dropbox Location & Contact Information

Address 333 Brannan Street San Francisco, CA 94107 United States
Phone Number 1-415-857-6800
Website URL www.dropbox.com

Dropbox Executives and Board Members

Chairman/President/CEO/Founder Andrew Houston
Chief Financial Officer Ajay V Vashee
Chief Accounting Officer Timothy Regan
Dropbox Board Member Andrew Houston
Dropbox Board Member Dr Condoleezza Rice
Dropbox Board Member Dr Paul Eric Jacobs

How To Buy Dropbox Stock Guide

Buying Dropbox Stocks and CFDs

When investing in Dropbox you have several options as to what type of investment you wish to conduct. You can buy traditional Dropbox shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Dropbox shares with stock brokers and trading Dropbox with CFDs below.

Dropbox CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Dropbox stock.

If you buy Dropbox shares with a stock broker you actually own a share of Dropbox. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Dropbox price will change up or down.

Lets explain why you would buy Dropbox as a CFD instead of as a share.

If you went and brought 100 Dropbox shares at $100 a share with a stock broker you own $1000 of Dropbox.

The main difference when trading Dropbox as a CFD and buying Dropbox as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Dropbox you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Dropbox. Trading an Dropbox CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Dropbox CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Dropbox share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Dropbox CFD long would be hoping to profit from a rise in the Dropbox share price. An Dropbox CFD short would be aiming to profit from a fall in the Dropbox stock price. Trading CFDs allows traders to profit from both directions of the Dropbox price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Dropbox shares you can only profit from a rise in the Dropbox stock price.

Dropbox CFD and Stock Market Times

When trading in traditional Dropbox shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Dropbox Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Dropbox stock. This limits your risk to your initial amount invested in Dropbox. You can only lose the amount invested with traditional Dropbox shares. Another benefit of buying Dropbox shares with a broker is that you may be eligible to receive Dropbox company dividends if applicable.

If you Invest in Dropbox via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Dropbox. If you buy Dropbox stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Dropbox benefits as in owning a certain amount of stock for a set period.

If you own shares in Dropbox you may be eligible to voting rights at Dropbox shareholder general meetings.

Dropbox Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Dropbox Stocks and shares are only exempt from tax if the Dropbox shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Dropbox Stocks and Shares or Dropbox CFDs?

There are pros and cons to trading in both Dropbox Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Dropbox stocks and shares is better suited for long term investments. Historically Dropbox shares provide better returns over the long term, usually a 10 year period.

Dropbox CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Dropbox share investors aim to profit on the fluctuating highs and lows of the Dropbox price throughout the day. Day trading as you can imagine focuses on profiting from the daily Dropbox stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Dropbox stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Dropbox share price for example to a known amount.

Example Cost of Buying Dropbox as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Dropbox CFD trade example Dropbox Share deal example
Market price $16.76 $16.76
Broker Deal Invest $3.352 at 1:5 Margin (20%) Buy at $16.76 a share
Deal size 100 shares 100 shares
Initial outlay

$335.2

(Margin = exposure x 20% margin factor)

$1676

(100 shares at $16.76)
Stamp duty No £20
Close price Sell at $20.112 Sell at $20.112
Estimated Profit

(3.352 point increase x 100 shares = $335.2)

*Not including commission fees and taxes

($2011.2 - $1676 = $335.2)

*Not including commission fees and taxes
Trade Dropbox CFDs now with XTB Trade Dropbox Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Dropbox shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Dropbox.