How To Buy Glencore Shares

You can buy Glencore shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Glencore shares with a broker like eToro or you can trade Glencore CFDs with XTB you can begin trading Glencore 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 Glencore 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 Trading212 Plus500 FXPrimus FP Markets
Rating
Used By 12,000,000+ 250,000+ 14,000,000+ 15,500+ 10,000+ 10,000+
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Scroll down to read our indepth article on How To Buy Glencore Shares. What you should know, Types of trading Glencore Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Glencore Shares Table of Contents

Glencore Financial Details

Financial Details

Glencore Stock symbol GLEN
Glencore Sector and Industry Materials Metals & Mining
Glencore Exchange LSE - London Stock Exchange
52 Week High £357.12
52 Week Low £212.1
Glencore Market Capitalisation £29,646,595,403.00
Glencore Average Volume 30,065,277.00
Glencore PE 47.62
Glencore EPS 0.05
Stock Currency GBP

Overview of Glencore

Glencore is an British Materials Metals & Mining company currently traded on the LSE which fully known as the London Stock Exchange.

Glencore trades under the stock symbol GLEN on the LSE.

Glencore shares are exchanged in GBP on the LSE.

Glencore has a current share price of £222.50 GBP dated 31/01/2020.

The highest Glencore share price over the last 52 weeks was £357.12 GBP and its lowest price over the last 52 weeks was £212.1 GBP. That is a 52 week price range of £212.1 - £357.12.

Glencore Trading Volume and PE

Glencore currently has 13,324,312,541.00 active shares in circulation traded through the LSE exchange.

Glencore market capitalization is £29,646,595,403.00 with an average daily trading volume of 30,065,277.00 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.

Glencore has a Price Earning Ratio ( PE ) of 47.62 and earning per share ( EPS ) of 0.05. Generally speaking Glencore having a high P/E ratio means that Glencore investors forsee increased growth with Glencore 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.

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

Glencore Financial Charts

Financial Details

Glencore Information

Glencore Location & Contact Information

Address Baarermattstrasse 3 Baar, CH-6340 Switzerland
Phone Number 41-41-709-2000
Website URL glencore.com

Glencore Executives and Board Members

Chief Executive Officer Ivan Glasenberg
Chief Financial Officer Steven Kalmin Steve
Head:Investor Relations & Communications Martin Fewings
Glencore Board Member Dr Anthony Hayward
Glencore Board Member John J Mack
Glencore Board Member Peter Roland Coates

How To Buy Glencore Shares Guide

Buying Glencore Stocks and CFDs

When investing in Glencore you have several options as to what type of investment you wish to conduct. You can buy traditional Glencore 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 Glencore shares with stock brokers and trading Glencore with CFDs below.

Glencore 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 Glencore stock.

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

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

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

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

Contracts for difference are traded on margin which means to have $1000 invested in Glencore 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 Glencore. Trading an Glencore CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Glencore CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

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

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

Glencore CFD and Stock Market Times

When trading in traditional Glencore 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 Glencore 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 Glencore stock. This limits your risk to your initial amount invested in Glencore. You can only lose the amount invested with traditional Glencore shares. Another benefit of buying Glencore shares with a broker is that you may be eligible to receive Glencore company dividends if applicable.

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

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

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

Should I trade Glencore Stocks and Shares or Glencore CFDs?

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

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

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

Example Cost of Buying Glencore 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.

Glencore CFD trade example Glencore Share deal example
Market price £222.50 £222.50
Broker Deal Invest £44.5 at 1:5 Margin (20%) Buy at £222.50 a share
Deal size 100 shares 100 shares
Initial outlay

£4450

(Margin = exposure x 20% margin factor)

£22250

(100 shares at £222.50)
Stamp duty No £20
Close price Sell at £267 Sell at £267
Estimated Profit

(44.5 point increase x 100 shares = £4450)

*Not including commission fees and taxes

(£26700 - £22250 = £4450)

*Not including commission fees and taxes
Trade Glencore CFDs now with XTB Trade Glencore 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 Glencore shares and CFDs.

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