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

How To Buy Next Shares

You can buy NEXT shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy NEXT shares with a broker like eToro or you can trade NEXT CFDs with XTB you can begin trading NEXT 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 NEXT 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 Next Shares. What you should know, Types of trading NEXT Stock and CFD's. Pros and Cons, everything is explained below.

NEXT Financial Details

Financial Details

NEXT Stock symbol NXT
NEXT Sector and Industry Consumer Discretionary Retail - Discretionary
NEXT Exchange LSE - London Stock Exchange
52 Week High £7,358.00
52 Week Low £4,703.00
NEXT Market Capitalisation £9,182,136,821.00
NEXT Average Volume 424,498.00
NEXT PE 15.23
NEXT EPS 4.52
Stock Currency GBP

Overview of NEXT

NEXT is an British Consumer Discretionary Retail - Discretionary company currently traded on the LSE which fully known as the London Stock Exchange.

NEXT trades under the stock symbol NXT on the LSE.

NEXT shares are exchanged in GBP on the LSE.

NEXT has a current share price of £6892.00 GBP dated 31/01/2020.

The highest NEXT share price over the last 52 weeks was £7,358.00 GBP and its lowest price over the last 52 weeks was £4,703.00 GBP. That is a 52 week price range of £4,703.00 - £7,358.00.

NEXT Trading Volume and PE

NEXT currently has 133,228,915.00 active shares in circulation traded through the LSE exchange.

NEXT market capitalization is £9,182,136,821.00 with an average daily trading volume of 424,498.00 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.

NEXT has a Price Earning Ratio ( PE ) of 15.23 and earning per share ( EPS ) of 4.52. Generally speaking NEXT having a high P/E ratio means that NEXT investors forsee increased growth with NEXT 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.

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

NEXT Financial Charts

Financial Details

NEXT Information

NEXT Location & Contact Information

Address Desford Road Enderby Leicester, LE19 4AT United Kingdom
Phone Number 44-333-777-4577
Website URL www.nextplc.co.uk

NEXT Executives and Board Members

Chairman Michael J Roney
CEO/Executive Director Lord Simon Adam Wolfson
Finance Director/Investor Relations Amanda James
NEXT Board Member Michael J Roney
NEXT Board Member Lord Simon Adam Wolfson
NEXT Board Member Dame Dianne Thompson

How To Buy Next Shares Guide

Buying NEXT Stocks and CFDs

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

NEXT 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 NEXT stock.

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

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

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

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

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

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

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

NEXT CFD and Stock Market Times

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

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

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

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

Should I trade NEXT Stocks and Shares or NEXT CFDs?

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

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

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

Example Cost of Buying NEXT 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.

NEXT CFD trade example NEXT Share deal example
Market price £6892.00 £6892.00
Broker Deal Invest £1378.4 at 1:5 Margin (20%) Buy at £6892.00 a share
Deal size 100 shares 100 shares
Initial outlay

£137840

(Margin = exposure x 20% margin factor)

£689200

(100 shares at £6892.00)
Stamp duty No £20
Close price Sell at £8270.4 Sell at £8270.4
Estimated Profit

(1378.4 point increase x 100 shares = £137840)

*Not including commission fees and taxes

(£827040 - £689200 = £137840)

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

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