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Apple, the world’s largest tech company listed on the Nasdaq exchange, has a whopping market cap of $2.42 trillion. In the first fiscal quarter of 2021, Apple published a net income of $29 billion on a record-breaking revenue of nearly $111.5 billion. If you’re asking yourself the question ‘should I buy Apple stock?’ then you will need a top-rated, online broker that gives you access to the major US markets.

In this guide, we’ll show you how to buy Apple stock online without paying a penny in commission. Not only do we explore all the key and relevant metrics related to stock trading, but we also walk you through how to buy Apple stock from the comfort of your own home.

How to Buy Apple Stock – Quick Guide

  • Create a live trading account with eToroeToro is a social trading platform that provides access to 17 international markets and offers stock trading with 0% commission. In terms of regulation, eToro is fully authorized by ASIC, the FCA, and ASIC. To get started, just head over to the eToro.com site, click on Join Now, and create a new brokerage account using your personal data.
  • Upload Documents for Verification – As part of the stringent KYC process, you will be required to verify your identity and address by uploading copies of your passport and a recent bank statement or utility bill.
  • Deposit funds – Funding your trading account is fully digital and simple. At eToro, there are a variety of payment options available including credit/debit cards, PayPal, Neteller, Skrill, bank transfers, and more. Simply log in with your account credentials, click on Deposit Funds, enter the trade amount and the currency and then choose your preferred deposit method.
  • Buy Apple stock – You can either browse through the ‘Trade Markets’ tab or you can type AAPL in the search bar. By clicking on Apple, this will bring up a trading window where you can tap on the Trade button. After you have specified the total trade amount, you can buy Amazon stock with the click of a button.

etoro logo

67% of retail investor accounts lose money when trading CFDs with this provider.

Buy Apple Stock with eToro – Step by Step

Despite Apple being listed on the US Nasdaq exchange, buying Apple stocks is simple and easy with eToro. To get the ball rolling, simply open a live eToro brokerage account, deposit funds, and then decide how much you want to invest.

Beginner traders will also appreciate that eToro supports fractional share trading. Simply put, this means that you can invest in Apple stocks with as little as $50, and own a portion of the whole stock.

So, let’s take a look at how to buy Apple stock in more detail, from opening an account to executing the trade.

Step 1: Open a Live Trading Account

Opening an account with eToro is quick and easy. Simply, go to the eToro.com website and click on the button marked either ‘Join Now’ or ‘Trade Now’. By clicking on this link it will take you to a digital form where you will be required to populate the missing fields with your personal details such as name, username, password, email address, and phone number. Alternatively, you could also login using Facebook or Gmail.

eToro open an account

67% of retail investor accounts lose money when trading CFDs with this provider.

Before you submit your details for review, you will need to read and accept eToro’s Terms and Conditions and the privacy policy. The final step is to submit your data by tapping on the ‘sign-up’ button.

Step 2: Verification

Verification is a compulsory part of the account opening process. As eToro is regulated by top-tier financial authorities, strict KYC procedures are put in place to help keep online trading platforms as secure as possible, and to prevent money laundering and terrorist funding. As such, all traders must undergo the KYC process.

For your account to be verified by eToro, you will need to upload both a proof of identity (POI) and proof of address (POA). This is fully digital and easy as you can use the eToro trading app to scan your documents straight to the platform. Examples of accepted POIs and POAs include your passport and a recent utility bill.

Step 3: Deposit Funds

Funding your account is straightforward and fully digital as eToro supports a wide range of payment methods including credit cards, debit cards, bank transfers, and PayPal just to name a few. The deposit times vary depending on the payment option, for example, credit/debit card deposits are credited instantly to your account, whereas bank transfers take between 4-7 business days to process.

eToro fund account

To successfully deposit funds into your account simply follow the steps as shown in the screenshot above.

Step 4: Buy Apple Stock

From the eToro trading app tap on ‘Menu’ and then ‘Trade Markets’. Now click on the magnifying glass search icon at the top of the screen to search for Apple stocks using the ticker AAPL. This will reveal a list of relevant stocks, where you can tap on ‘Trade’ next to Apple.

Next, you will be taken to a trading window, where you can invest as little as $50 with fractional share trading, adjust the leverage level depending on whether you wish to buy the real asset or whether you want to invest in stock CFDs to speculate on the potential price movements without taking ownership of the underlying asset.

Buy AAPL stock with eToro

The final step is to click on ‘Open Trade’ at the bottom of the screen, and a ‘Buy AAPL position opened’ will be displayed.

There are two ways you can buy Apple stocks on eToro:

  • You can buy and sell stocks outright
  • You can trade stock price movements through CFDs (Contracts For Difference). CFD trading allows you to trade in both directions as well as use leverage to amplify your purchasing power, without having to take ownership of the underlying asset.

Best Online Brokers to Buy Apple Stocks Reviewed

The key to Apple’s current success and growth has been the iPhone. The market-leading smartphone, which was launched in 2007, revolutionized the mobile phone industry and triggered years of unprecedented expansion, and aggregated a loyal pool of consumers willing to buy Apple goods and services year after year.

With a market cap of around $2.42 trillion many beginners and advanced traders flock to Apple stocks when it comes to stock trading. If you want to buy Apple stock now, you will need a top online trading platform. However, with so many available options out there it’s hard to not feel saturated by the sheer quantity of online brokers.

So, how do you choose the right online trading platform that suits your trading goals and needs? In this section, we’ll cover two of the top-recommended, popular, and fully regulated brokers so that you can spend more time trading and less time researching.

1. eToro – Best Copy Trading Platform with 0% Commission on Stock Trades

etoro logo If you’re amongst the thousands of beginner traders who want to buy Apple shares quickly and easily, eToro is the ideal match. This online social trading platform is home to more than 20 million traders worldwide and offers more than 800 stocks across 17 international markets. This includes the Nasdaq exchange, which means you can buy Amazon stock with the click of a button without having to pay a penny in commissions.

eToro’s trading fees are market-leading as it does not charge any dealing commissions. This means that you can buy Apple stocks on a commission-free basis.

Furthermore, eToro is ideal for investors looking to trade stocks and other tradable assets on a tight budget. This is because there is no requirement for you to buy a full Apple stock, which at the time of writing comes to $144.48 per share.

67% of retail investor accounts lose money when trading CFDs with this provider.

eToro supports fractional share trading which allows you to invest from just $50. But what are some of the key benefits of fractional share trading?

  • Easy exposure to major stocks with higher prices – Some top-tier stocks trade at more than $1,000 per share. If you are a beginner trader then forking out $1,000 for a single investment may leave a chasm in your trading budget. Fractional share trading allows you to own a portion of any stock which means you can build your portfolio diversification without going into bankruptcy.
  • Tailor the exact amount of exposure to suit your trading goals – traditionally, investors make profits by choosing the right stocks to invest in. However, with fractional share trading, you can pick and choose the investment themes more easily. With fractional trading, you can create your portfolio of stocks and other assets on a low budget.

eToro also supports forex trading, crypto trading, and CFD derivatives trading. With stock CFDs, you can go short and speculate on the market price of Apple stocks dropping, while also using leverage of up to 5:1. This means that an initial deposit of $100, known as the margin, would allow you to gain access to a $500 position. But, it is important to note that leverage can amplify both potential profits and losses.

Furthermore, eToro is a widely popular social trading platform that offers several copy trading tools referred to as CopyTrader and CopyPortfolios. These copy trading features allow you to either copy the trades of other experienced eToro investors or invest in themed portfolios or portfolios of investors.

Opening an account is simple and fully digital and you can deposit funds into your live trading account directly from the eToro trading app. When it comes to payment methods you can use debit cards, credit cards, PayPal, bank transfers, Neteller, and more. While there are no deposit fees, the only available account base currency is USD, which means that any non-USD deposits incur a 0.5% conversion fee. Nevertheless, this allows you to trade US and non-US stocks with ease.

In terms of authorization, eToro is fully regulated by the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC).

Additionally, depending on your country of residence, you are covered by the ruling regulator’s investor protection schemes as well as negative balance protection.

eToro Pros & Cons

What we like

  • Stock and ETF trading on a 0% commission basis
  • Investments as low as $50 via fractional share trading
  • Zero deposit or account fees
  • $100,000 paper trading account
  • Fully regulated by FCA, CySEC, ASIC

What we don’t like

  • $500 minimum when depositing via Bank Transfer

67% of retail investor accounts lose money when trading CFDs with this provider.

2. Capital.com – Best Online Stock CFD Broker Offering 0% Commission trading and Market-Leading Spreads

Capital.com Launched in 2016, Capital.com is a renowned global CFD and forex broker that provides access to more than 2,700 stock CFDs with 0% commission and competitive spreads.

Capital.com offers most of its brokerage services without a charge. As a result, the CFD trading platform’s fees are transparent and are mainly based on market-leading spread charges. For example, the average spread for Apple stock CFDs is just 0.89 pips.

Furthermore, at Capital.com both the trading and non-trading fees are amongst the lowest in the industry. Traders can take advantage of:

  • No deposit or withdrawal fees
  • $0 fees for real-time quotes
  • No fees for opening and closing trades
  • Advanced charts and technical indicators

Unlike the majority of online brokers out there, Capital.com charges an overnight fee that is determined by the leverage provided as opposed to the total value of the position for cryptos, stocks, and thematic investments. On the other hand, the overnight fee charge for indices, commodities, and forex pairs is based on the total value of the trade.

67.7% of retail investor accounts lose money when trading CFDs with this provider.

Capital.com also facilitates spread betting, which is a derivative trading strategy in which investors do not take ownership of the underlying financial asset. Instead, spread betting allows you to speculate on whether the asset’s market price will increase or drop.

Additionally, you can connect your Capital.com trading account with the MetaTrader 4 platform or TradingView which offer a range of sophisticated charting tools and trading features to help make online trading easier and more effective.

In terms of regulations, Capital.com is regulated by the FCA, and CySEC and offers client fund protection which varies depending on the legal entity you belong to. Capital.com also offers negative balance protection which means that you are covered if your account balance falls below zero.

Capital.com Pros & Cons

What we like

  • Stock CFD trading with 0% commissions
  • Access to a free demo account with $1,000 worth of paper funds
  • Fully regulated and authorized by the FCA and CySEC
  • Low $20 minimum deposit
  • Identify prime trading opportunities with 75+ technical indicators

What we don’t like

  • Cannot set price alerts on the web trading platform

76.25% of retail investor accounts lose money when trading CFDs with this provider.

Apple Stock Forecast

Why did Apple stock rise to new highs on July 7th, 2021?

Apple stock (Nasdaq: AAPL) jumped 1.8% to an unprecedented closing high of $144.57 on July 7th, 2021 after JPMorgan announced bullish commentary on the major blue-chip stock.

As analysts from the Wall Street investment bank issued revised stock price forecasts of $170, investor sentiment rose dramatically in hopes of potential gains hovering around the 18% mark in the foreseeable future.

eToro Apple stock forecast

While Apple has underperformed the S&P 500 index in the first and second fiscal quarters of 2021, financial analysts expect the tech giant to post increasing sales of both contemporary and future versions of the popular iPhone device. Therefore, Apple stock could spark new gains for investors in Q3 and Q4 ahead of the release of the much anticipated 13th edition of the iPhone.

The latest rally in Apple’s stock price indicates that the investing community shares the same bullish outlook as JPMorgan. Resilient iPhone volumes typically trigger sales of Apple’s services which means that if it does post huge sales figures Apple could benefit from an earnings flurry by the end of 2021. This promising earnings report, coupled with the tech titan’s plentiful stock repurchases and increasing dividend, gives shareholders a lot to look forward to.

Apple Stock Fundamental Data

Market Cap $2.42T
Price-to-Earnings Ratio (P/E ratio) 32.56
Revenue $325.52B
Earnings Per Share (EPS) 4.4564
Dividend (Yield) 0.835 (0.58%)
Previous Close 145.11
Day’s Range 143.88 – 146.13
52 Week Range 89.20 – 146.13
1-Year Return 51.18%

Apple Stock Price History

Apple has split its stock multiple times since its IPO (initial public offering) in 1980. The first split was announced on 06/16/1987 on a 2-for-1 basis, then:

  • 2-1 split on 06/21/2000
  • 2-1 split on 02/28/2005
  • 7-1 split on 06/09/2014
  • 4-1 split on 08/31/2020

Publicly listed companies split stocks to generate additional shares as a way of increasing liquidity. While the quantity of shares alters, stock splits do not change the market value as the total USD value of the shares stays the same.

Let’s take a look at the historical data for Apple stock in July 2021:

Date Price Open High Low Vol. Change %
Jul 12, 2021 144.50 146.22 146.22 144.04 76.30M -0.42%
Jul 09, 2021 145.11 142.75 145.65 142.65 99.89M 1.31%
Jul 08, 2021 143.24 141.49 144.05 140.69 105.58M -0.92%
Jul 07, 2021 144.57 143.58 144.88 142.74 104.91M 1.80%
Jul 06, 2021 142.02 140.17 143.11 140.15 108.18M 1.47%
Jul 02, 2021 139.96 137.90 140.00 137.74 78.95M 1.96%
Jul 01, 2021 137.27 136.68 137.30 135.77 52.49M 0.23%

Apple’s robust sales figures are driven by its array of innovative goods and services such as the iPhone, iPod, iPad, wearables including the Apple Watch, and services like the iCloud, Apple TV, Apple Music.

eToro AAPL financial summary

Apple stock lingered around the $31 per share mark in the second fiscal quarter of 2015. At the time of writing, Apple stock is priced at $144.50 which represents an increase of 366.129% in the space of six years. Furthermore, this is after five stock splits which means that if Apple had never been split it would have been valued at about $27,500 per share.

What is the Apple stock price forecast for the rest of Q3 and Q4?

According to CNN Business, 40 investment analysts providing a one-year price forecast for Apple have an average target of 160.00, a high target of 185.00, and a low forecast of 90.00. The average target indicates a rise of 10.70% from the previous price of 144.53.

Most investment analysts agree that Apple stock should have a buy recommendation. This buy rating has been the same since June.

According to TipRanks, a stock market research, news, and analyst forecast platform, there is a widespread bullish sentiment amongst analysts and bloggers.

Apple Dividend

For many investment analysts and investors, Apple is one of the best dividend-paying stocks in terms of long-term ROI.

It is widely accepted that Apple has grown to be one of the best-performing stocks during recent years. It also made history by becoming the first publicly listed blue-chip company to hit a market capitalization of over $1 trillion in August 2018. Since then it has achieved a current market cap of $2.41 trillion.

eToro Apple chart

Yet for all the tech titan’s accomplishments, we could see an even better stock performance in the ensuing years, especially in terms of dividend payouts.

Currently, Apple’s payout ratio is 24% of its revenue and approximately 19.5% of its cash. Then, when we look at its dividend yield this is exceptionally low at just 0.58% which can be attributed to the fact that over the last ten years or so, Apple’s stock has increased by around 1,000%.

Should I Buy Apple Stock?

Should I buy Apple stock?

It’s worth mentioning again that Apple went down in history in August 2018, when it became the first publicly listed US company to hit the $1 trillion market cap milestone. Since then, the tech giant has sustained and increased its lead on its competitors, with a current valuation of $2.42 trillion.

Apple’s critics have suggested that the blue-chip company has reached its full potential and that the investors would be better off investing in other stocks and IPOs. Yet even as the company with the largest market cap, there are tons of reasons why investors should buy Apple stock. Let’s examine a few key reasons in particular.

Apple gets the green light from Warren Buffett

Investors widely accept Warren Buffett as a reputable voice of investing. Since becoming the chairman and largest shareholder of Berkshire Hathaway in 1970 he has helped the holding company grow its overall returns by more than 2,500,000%.

On May 7th, 2018 Warren Buffet told reporters on CNBC’s Squawk Box that “I clearly like Apple. We buy them to hold. We bought about 5 percent of the company. I’d love to own 100 percent of it. We like very much the economics of their activities. We like very much the management, and the way they think, and the way they act.”

iPhone’s Comeback

iPhone's comeback

Apple’s detractors once anticipated an end to the iPhone era, but with the release of its innovative product range, the tech giant has proved that this is far from becoming a reality. Just last year, Apple released four new versions of the popular iPhone.

Apple’s revenue for the fourth fiscal quarter of 2020 jumped by 21% to $111.44 billion with iPhone sales accounting for just under 60% of that revenue.

CEO Tim Cook told Reuters’ reporters that Apple currently has an active installed base of around 1.65 billion devices, which represents a 10% increase from the same period last year.

One of the strongest markets for iPhones was China with total sales figures there increasing by 57% to just over $21.30 billion. Furthermore, the total number of paying subscribers on the Apple platform has hit the 620 million mark, which has surpassed the tech giant’s goal of having 600 million paying customers by the end of 2020.

Apple’s wearable technology such as the AirPods and Apple Watch reached $12.97 billion in revenue.

Some analysts have estimated that around 40% of iPhone owners have not upgraded to newer versions of the smartphone during the last couple of years. Therefore, this could be the start of a much-anticipated upgrade spree, which could send Apple’s market capitalization beyond the $3 trillion mark in the near future.

Apple Stock Buy or Sell?

With an overall bullish sentiment, most investors and investment analysts give Apple stock a buy rating, and with the backing of highly esteemed investors such as Warren Buffett, Apple stocks are amongst the best stocks to buy in 2021.

Apple’s services segment posted record-breaking revenue of just under $17 billion for Q2 of this year. This represents an increase of more than 25% compared to the previous year, thus making it the quickest rate of expansion since 2019.

Apple stock news on Capital.com

In terms of dividends, the US tech company reported that it will increase its quarterly dividend payout to $0.22 a share, signifying a rise of 7% for this year. Moreover, Apple is currently using 22% of its revenue to pay dividends which gives the company the option for long-term increases.

Another key element of Apple’s return of capital (ROC) is its robust stock repurchase program. Apple has been repurchasing shares for many years. As each quarter passes, Apple investors own a larger percentage of the company.

In summary, we forecast that Apple stocks are an ideal buy opportunity. With the world’s largest market cap, Apple has shown no signs of slowing even amidst the Covid-19 pandemic. This blue-chip company is considered by many to be the center of innovation and with its huge range of products and loyal customers, Apple shareholders are positive about the future growth in terms of revenue and dividend payouts.

As analysts expect Apple’s market capitalization to surpass the $3 trillion mark over the coming year, it’s perhaps easy to see why the majority of investors are flocking to this blue-chip stock, so that they can get their piece of the Apple pie.

Expert Verdict

Apple first offered its stock publicly in 1980 at a price of $22 per share. Since then the stock has split five times and has hit a market cap of $2.42 trillion. If the stock never split after its initial public offering, the price would be at $32,368.

All things considered, if you want to buy Apple stock with 0% commission, we recommend the widely popular and trusted online free trading platform, eToro. Not only does this social trading platform facilitate commission-free stock and ETF trading, but you can also access hundreds of stocks across 17 international exchanges. Yet even with these offerings, eToro supports forex trading with market-leading spreads, crypto trading, innovative copy trading features, and is fully regulated by the FCA, CySEC, and ASIC.

So, to buy Apple stock today with as little as $50 via fractional share trading, simply follow the link below and open a live trading account with eToro today!

eToro – Buy Apple Stock With 0% Commission

etoro logo

67% of retail investor accounts lose money when trading CFDs with this provider.

FAQs

Why buy Apple stock?

Apple Inc. currently has a market cap of $2.42 trillion and counting, thus making it the largest publicly traded company in the world. Most investors, along with Warren Buffett, consider Apple to be a great buy opportunity as the tech giant has shown no signs of slowing down in the foreseeable future. A prime example of this would be that approximately 40% of iPhone users have not upgraded their mobile devices for the past 3.5 years. As a result, investment analysts are forecasting a huge surge in Apple’s sales figures in the coming year, especially as Apple has its new iPhone 13 on standby.

How much does Apple stock cost?

When you buy Apple stock through eToro you will benefit from 0% commission stock trading. Furthermore, eToro also supports fractional share trading which means that you can invest as little as $50 to buy a portion of a whole Apple stock while still gaining exposure to the Nasdaq exchange and Apple’s price movements.

When does Apple stock split?

Since its IPO in 1980 at $22 per share, Apple stock has split five times on a 2-for-1 basis in 1987, 2000, and 2005, a 7-for-1 basis in 2014, and a 4-for-1 basis in 2020.

How much is Apple stock?

Apple stock is currently priced at $144.50, with its all-time high closing price recorded on July 9th, 2021.

How to buy Apple stock

You can invest in Apple stock directly, via CFD derivatives or fractional share trading with eToro. Simply open a live brokerage account, deposit funds, and buy Amazon stocks from either the web trading platform or the eToro mobile trading app with the click of a button.

What was the price of Apple stock when it split in 2014?

The price of Apple stock before its 7:1 split on the 31st of May 2014 was $656 per share.

Dassos Troullides
Dassos Troullides

Dassos Troullides is an experienced finance writer who specializes in CFD, stock, and crypto trading. In particular, Dassos is skilled at breaking down complex financial topics to help new and advanced investors make better trading decisions. Dassos has also written for BuyShares as well as TradingPlatforms.

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