SELECT * FROM future.stocks WHERE name like '%lloyds%' LIMIT 1; How To Buy Lloyds Shares ? - Grow Your Financial Portfolio

How To Buy Lloyds Shares

You can buy Lloyds shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Lloyds shares with a broker like eToro or you can trade Lloyds CFDs with XTB you can begin trading Lloyds 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 Lloyds 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 Trading212 FP Markets Markets.com XTB Plus500
Rating
Used By 12,000,000+ 14,000,000+ 10,000+ 10,000+ 200,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Lloyds Shares. What you should know, Types of trading Lloyds Stock and CFD's. Pros and Cons, everything is explained below.

Lloyds Financial Details

Financial Details

Lloyds Stock symbol LLOY
Lloyds Sector and Industry Financials Banking
Lloyds Exchange LSE - London Stock Exchange
52 Week High £73.66
52 Week Low £48.16
Lloyds Market Capitalisation £51,790,682,298.00
Lloyds Average Volume 192,903,397.00
Lloyds PE 10.58
Lloyds EPS 0.05
Stock Currency GBP

Overview of Lloyds

Lloyds is an British Financials Banking company currently traded on the LSE which fully known as the London Stock Exchange.

Lloyds trades under the stock symbol LLOY on the LSE.

Lloyds shares are exchanged in GBP on the LSE.

Lloyds has a current share price of £56.61 GBP dated 31/01/2020.

The highest Lloyds share price over the last 52 weeks was £73.66 GBP and its lowest price over the last 52 weeks was £48.16 GBP. That is a 52 week price range of £48.16 - £73.66.

Lloyds Trading Volume and PE

Lloyds currently has 70,052,557,838.00 active shares in circulation traded through the LSE exchange.

Lloyds market capitalization is £51,790,682,298.00 with an average daily trading volume of 192,903,397.00 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.

Lloyds has a Price Earning Ratio ( PE ) of 10.58 and earning per share ( EPS ) of 0.05. Generally speaking Lloyds having a high P/E ratio means that Lloyds investors forsee increased growth with Lloyds 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.

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

Lloyds Financial Charts

Financial Details

Lloyds Information

Lloyds Location & Contact Information

Address 25 Gresham Street London, EC2V 7HN United Kingdom
Phone Number 44-20-7626-1500
Website URL www.lloydsbankinggroup.com

Lloyds Executives and Board Members

CEO/Executive Director Antonio Mota De Sousa Horta-Osorio
CFO/Executive Director William David Leon Chalmers
COO/Executive Director Juan Colombas
Lloyds Board Member Norman Roy Blackwell
Lloyds Board Member Anita Margaret Frew
Lloyds Board Member Catherine Marie Woods

How To Buy Lloyds Shares Guide

Buying Lloyds Stocks and CFDs

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

Lloyds 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 Lloyds stock.

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

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

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

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

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

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

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

Lloyds CFD and Stock Market Times

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

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

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

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

Should I trade Lloyds Stocks and Shares or Lloyds CFDs?

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

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

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

Example Cost of Buying Lloyds 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.

Lloyds CFD trade example Lloyds Share deal example
Market price £56.61 £56.61
Broker Deal Invest £11.322 at 1:5 Margin (20%) Buy at £56.61 a share
Deal size 100 shares 100 shares
Initial outlay

£1132.2

(Margin = exposure x 20% margin factor)

£5661

(100 shares at £56.61)
Stamp duty No £20
Close price Sell at £67.932 Sell at £67.932
Estimated Profit

(11.322 point increase x 100 shares = £1132.2)

*Not including commission fees and taxes

(£6793.2 - £5661 = £1132.2)

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

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