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

How To Buy Spotify Stock

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

Spotify Financial Details

Financial Details

Spotify Stock symbol SPOT
Spotify Sector and Industry Communications Media
Spotify Exchange NYSE - New York Stock Exchange
52 Week High $161.38
52 Week Low $110.57
Spotify Market Capitalisation $25,818,311,905.00
Spotify Average Volume 1,114,163.00
Spotify PE 50.73
Spotify EPS 2.77
Stock Currency USD

Overview of Spotify

Spotify is an American Communications Media company currently traded on the NYSE which fully known as the New York Stock Exchange.

Spotify trades under the stock symbol SPOT on the NYSE.

Spotify shares are exchanged in USD on the NYSE.

Spotify has a current share price of $140.60 USD dated 31/01/2020.

The highest Spotify share price over the last 52 weeks was $161.38 USD and its lowest price over the last 52 weeks was $110.57 USD. That is a 52 week price range of $110.57 - $161.38.

Spotify Trading Volume and PE

Spotify currently has 183,721,000.00 active shares in circulation traded through the NYSE exchange.

Spotify market capitalization is $25,818,311,905.00 with an average daily trading volume of 1,114,163.00 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.

Spotify has a Price Earning Ratio ( PE ) of 50.73 and earning per share ( EPS ) of 2.77. Generally speaking Spotify having a high P/E ratio means that Spotify investors forsee increased growth with Spotify 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.

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

Spotify Financial Charts

Financial Details

Spotify Information

Spotify Location & Contact Information

Address Regeringsgatan 19 Stockholm, SE-111 53 Sweden
Phone Number NULL
Website URL

Spotify Executives and Board Members

Chairman/CEO/Co-Founder Daniel Ek
Chief Financial Officer Paul Vogel
Chief Human Resources Officer Katarina Berg
Spotify Board Member Daniel Ek
Spotify Board Member Thomas O Staggs
Spotify Board Member Padmasree Y Warrior

How To Buy Spotify Stock Guide

Buying Spotify Stocks and CFDs

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

Spotify 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 Spotify stock.

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

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

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

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

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

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

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

Spotify CFD and Stock Market Times

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

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

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

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

Should I trade Spotify Stocks and Shares or Spotify CFDs?

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

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

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

Example Cost of Buying Spotify 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.

Spotify CFD trade example Spotify Share deal example
Market price $140.60 $140.60
Broker Deal Invest $28.12 at 1:5 Margin (20%) Buy at $140.60 a share
Deal size 100 shares 100 shares
Initial outlay


(Margin = exposure x 20% margin factor)


(100 shares at $140.60)
Stamp duty No £20
Close price Sell at $168.72 Sell at $168.72
Estimated Profit

(28.12 point increase x 100 shares = $2812)

*Not including commission fees and taxes

($16872 - $14060 = $2812)

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

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