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How to Buy Cellular Goods Shares – With 0% Commission

This year, cannabis-related businesses have been gaining increasing net profits, and Cellular Goods PLC is not left out. The firm is in line for a bullish push, following its listing on the London Stock Exchange earlier this year. In this guide, we’ll discuss How to Buy Cellular Goods Shares UK commission-free.

How to Buy Cellular Goods Shares UK – Step by Step Guide 2021

If you intend to buy shares in Cellular Goods in the UK, this guide should come in handy. We recommend using the eToro platform to enjoy commission-free trades and low fees. The following steps will show you how to invest in Cellular Goods shares UK in a few minutes.

  • Step 1: Open an account with eToro – Head to the eToro homepage and click on the ‘Join Now’ icon. You will need to provide a valid email address, username, and password to sign up.
  • Step 2: Upload ID – Here, you need to upload your government-issued documents, such as your passport or driver’s license.
  • Step 3: Deposit – Fund your account through credit/debit card, bank transfer, or e-wallet with at least $50 minimum.
  • Step 4: Buy Cellular Goods Shares UK – Type the company’s name or ticker symbol in the search bar and hit the ‘Trade’ icon. Input the amount you’d like to invest and click ‘Open Trade.’

Step 1: Choose a Stock Broker

The first thing you should do to get started is to choose a broker. Several brokers offer exposure to UK shares, and they all have various features and fee structures. This can become a minor headache as you may not know which one is the best to trade with. In this section, we will be covering top stock brokers you can buy Cellular Goods Shares from.

1. eToro – Overall Best Broker to Buy Cellular Goods Shares in the UK

eToro is an FCA-regulated broker that offers trading on various stocks, shares, and cryptocurrencies. With eToro, you can choose to either trade stocks with CFDs or buy shares outright for long-term investing. Since its launch in 2007, eToro has grown tremendously and has more than 20 million users worldwide. eToro stock broker

One of the advantages of using eToro is that CFD trading is 100% commission-free. This makes it one of the best CFD brokers that allow you to trade cost-effectively.

eToro also doesn’t charge any deposit fees or monthly account fees. Thanks to the broker’s fractional shares offering, you can buy parts of a company’s shares.

etoro copyportfolio

Part of what makes eToro special is its trading tools. The broker gives you access to a proprietary charting platform with over 100 technical studies and drawing tools. On top of that, it has unique features such as the CopyTrader tool, which allows you to copy the trades of other professional traders on the platform automatically and with no hidden fees. This can reduce your risk exposure and make gains alongside.

eToro also stands out for its security. The eToro app is safe and offers users a two-step login for maximum security and all of the web platform’s features. Aside from this, the eToro platform also stands out, given that it has never suffered a network breach since its launch. Lastly, eToro has a fantastic web-based platform and a mobile trading platform, ensuring that users can access their accounts wherever they are.

Pros

  • Commission-free trades
  • No stamp duty tax on UK shares
  • Absence of deposit or monthly account fees
  • Over 3,000 global shares and 250 ETFs
  • Useful CopyPortfolio and CopyTrader features
  • Regulated by the FCA, CySEC, and ASIC

Cons

  • Small withdrawal and inactivity fees
  • Dollar-denominated only

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

2. Fineco Bank – Buy Cellular Goods Shares UK with Leverage

Fineco ETF brokerIf you are looking for another alternative, we highly recommend checking out the Italian bank and broker, Fineco bank. Fineco bank is regulated by the Italian Market regulatory authority CONSOB and the FCA.

It also has a wide selection as it offers more than 10,000 shares to choose from. You can also pick from nearly 1,000 ETFs, thousands of bonds, and stock options. Like eToro, Fineco Bank also offers commission-free CFD trading, although this is only available for a limited selection of around 850 stocks.

fineco bank review

Fineco Bank delivers on leverage and short-selling facilities when trading. Fineco bank offers maximum leverage of 1:30 on major forex pairs, followed by 1:20 on gold, major indices, and minor/exotic forex pairs when trading CFDs. For stocks, Fineco offers leverage of up to 1:5. Additionally, Fineco Bank allows you to short-sell assets. Notably, Fineco is a low-cost broker, it charges low non-trading fees, including no fees for inactivity, deposit, or withdrawal.

Pros

  • Low trading fees
  • Great mobile trading platform
  • No inactivity fee
  • Thousands of assets to choose from

Cons

  • Available in UK & Italy only
  • Limited stocks for CFD Trading
  • Supports only bank deposits

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

Step 2: Research Cellular Goods Shares

Cellular Goods has generated much buzz around it, and, understandably, savvy investors might want to add it to your portfolio. However, it is essential that you understand a little about its value proposition and see if its share price can rise in value shortly. This step is crucial, especially in stock trading, as it will help you know if a company is a good investment or not.

Given the importance this step entails, we have taken some time to dive deep into Cellular Goods’ track record and to provide you all the information you may need to decide if to buy Cellular Goods shares or not.

What is Cellular Goods?

Cellular goods logo

Despite its name, which puts it more in the telecoms line, Cellular Goods is a UK-based premium biosynthetic consumer brand hoping to serve the skincare and sports recovery markets. Hoping because it has not launched any of its products in any of the highlighted market segments. The company is listed on the London Stock Exchange (LSE)’s main market. It is the only first “pureplay” cannabinoid company that has gone public, eschewing several competitors in the cannabis business.

Cellular Goods claims that its forthcoming products are laboratory-made, approved, and high-quality cannabinoids as it does not source its materials from the cannabis plants. This enables them to produce products that are free of pesticides, contaminants, and impurities.

Also, they are legal, not tested on animals, and are more sustainable than those derived from cannabis plants. These are expected to promote general body wellness and a sharper mind with cannabinoid (CBD) products to improve sleep, pain relief, appetite, memory, mood, inflammation, and immunity.

Cellular Goods Homepage

Cellular Goods is backed by footballer-turned-global celebrity David Beckham who reportedly has a 5% stake in the company through his DB Ventures firm. This goes a lot to say on the company’s intents and could be the Ace up its sleeve if it plays the cards right. Given Beckham’s growing influence and his US-owned football club, Cellular Goods will have a welcoming hand when it decides to launch its sports recovery products in the American continent.

Cellular Goods’ initial public offering (IPO) was one of the most talked-about in the UK, and the company went public on February 26, 2021, under the ticker ‘CBX.’ It raised £13 million and grew 400% on its debut, increasing from 5p to 20p and drawing the curtain on its first day of trading with resounding success. However, CBX has since lost its bullish momentum and whimpered to a low of 8p per share three months later. It currently trades at 7.00 as investors look elsewhere to grow their investments.

This has largely been attributed to its recent financial crises, which saw them lose up to £2.1 million (about $3 million) for the last six months compared to a reported £140,000 loss during a similar period last year. Cellular Goods has earmarked its IPO, and its one-off payments to employees as share allocations are contributing factors to its financial woes.

However, the tides are expected to change given its unique focus on the beauty and sports markets, separating it from cannabis rivals like Kanabo and MXC Pharmaceuticals. This autumn, it will launch with three synthetic CBD products, including a face mask, a daily skin serum, and a topical sports recovery gel that can be applied through a touch-free roll-on applicator.
A successful launch could see Cellular Goods establish itself as a top CBD manufacturer in the coming months.

Cellular Goods Share Price

Cellular Goods was founded in August 2018 by Alexis Abraham and only came into the public sphere in February this year. This means that there is little to note on its share price. However, at press time, Cellular Goods’ share price currently trades at £7 a share. This represents a 0.10% increase from its open day trade of £5. Meanwhile, this is still a poor run of results following its 400% rally to £20 on the said day. But this is expected from a company that generated a lot of buzz and stock market frenzy.

Cellular Goods Share Price

Given that its products are still untested out in the wild, Cellular Goods’ share price is showing resilience given the more dire figures that could have following its 75.2% drop a couple of months earlier.
The company’s trading chart has been quite busy but has mostly been on a downward spiral.

If you want to buy Cellular Goods shares, you might consider holding it as a long-term investment. The company’s poor run of form could mostly be attributed to a growing list of questions investors have if its products would be a hit or miss. One of such is THC, a psychoactive compound that is found in cannabis that makes people high. Investors are concerned if a poor user review could harm the company’s growth.

Despite this, the cannabis stock is a growing concern as more companies enter the space given the products’ legalization in several regions. Its health benefits are also a huge draw, and the sector is expected to see more growth. Cellular Goods’ public endeavors will not go unnoticed, and the CBD manufacturer could become an authority if its products are a success this autumn.

Cellular Goods Share Dividends

If you are a dividend-driven share investor, Cellular Goods won’t rank high on your top stocks to buy. This is because Cellular Goods just listed on the stock market and has not posted any profits yet given its lack of products in the market. Also, we could not find out if the company plans to pay investors dividends in the future.

Cellular Goods ESG Breakdown

Environmental, social, and governance (ESG) factors have driven investments in the last year. Dubbed ethical investment, investors are keen on supporting companies that are morally and socially responsible. This section covers this growing trend and lets you know if Cellular Goods is environmentally sustainable in its operations. We reviewed the company’s ESG rating on the popular ESG-centric website CSR Hub. However, Cellular Goods has not been listed yet, which can only mean that there are not enough data on the company to generate any data on its impact on the environment.

Are Cellular Goods Shares Buy or Sell?

So, would it be a smart investment decision to buy Cellular shares in the UK? As with all investment decisions, you will need to make them yourself. However, nothing is guaranteed as all company shares are essentially a ‘bet’ on its long-term value. Regarding Cellular Goods, the odds are 50-50 and largely depend on the market’s acceptance or otherwise of its autumn line of products.

However, the market need is there, and Cellular Goods could still pull this off. The competition would likely boost the company to make the right moves, pivoting it to launch a great product. If it can pull it off, Cellular Goods could become one of the most recognizable brands in the cannabis business. This would likely impact its share price for the better.

Step 3: Open an Account & Buy Shares

If you want to buy Cellular Goods Shares in the UK, you need to have an account with a broker. We’ve discovered that eToro offers the best platform for buying shares in the UK. Therefore, we would be giving you quick steps to buy Cellular Goods Shares using eToro without paying any fees in commissions.

Step 1: Create an eToro Account

Navigate to the eToro homepage and click ‘Join Now’ in the top right-hand corner. On the signup page that follows, simply enter your email address and choose a username and password.

etoro open account

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

Step 2: Verify your Identify

eToro is a regulated broker and so you must verify your identity. This process can be completed online in a matter of minutes. To do this, simply click on the ‘Complete Profile’ button on your account dashboard and upload proof of ID (a copy of your driver’s license or official passport) and proof of address (a copy of a bank statement or utility bill). After this, eToro will then verify these documents in a very short time.

Step 3: Make a Deposit

You will need to make a minimum deposit of $50 as a new user. There are multiple deposit methods you can choose from. The following payment methods are available on eToro:

  • Credit card
  • Debit card
  • Bank transfer
  • PayPal
  • Neteller
  • Skrill
  • Klarna
  • Trustly

Deposit funds on eToro with credit card, PayPal, e-wallet.

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

Step 4: Buy Shares

Once you have made the deposit, you can now invest in any shares you want. To do this, type the name or ticker symbol of the company you want to invest into the search bar and click on ‘Trade.’ You will be redirected to an order box where you can enter the amount you wish to invest. eToro also enables leverage to increase your returns. Remember to reduce your risk exposure with take profit (TP) and stop loss (SL). Once this is done, click on ‘Open Trade’ to complete your purchase.

Cellular Goods Shares Buy or Sell?

So, does Cellular Goods get the buy or sell signal? As we pointed out earlier, Cellular Goods’ fundamentals are quite strong, but this is largely hinged on its forthcoming products in the autumn. Cellular Goods will see a revenue windfall as customers struggle to get their products if they are a hit. This would likely Impact its share price valuation. Another major plus for it is David Beckham’s role in the company. As one of the majority shareholders, Beckham has a huge role in the company’s success. Let’s not sidestep the fact that he owns a football club in Florida, United States.
Beckham’s role is strategic given his growing influence in the fashion industry and time-tested value as a sports legend. He could end up being the company’s best prospect in making its products go mainstream. Its face mask is also quite ideal for the present moment we are in now. A public figure like Beckham sporting one of it could inevitably impact sales.

eToro – Buy Cellular Goods Shares with 0% Commission

In conclusion, if you want to buy Cellular Goods shares, this might be as good a time as ever. The company is yet to make a statement, but this autumn could be its big break. Also, its recent multi-year partnership with Willow Biosciences shows the company’s path towards success. The Canadian-based business will supply Cellular Goods with cannabigerol (CBG), ultra-pure and biosynthetically produced. If you want exposure to Cellular Goods shares, we recommend using eToro. Although the company is not yet supported on the trading platform, eToro offers 800 stock CFDs for users to trade. With stock trading on eToro, you don’t have to pay any commission or broker fees. The best part is that you can also copy more established traders if you’re unsure about your ability.

etoro logo

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

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About Jimmy Aki PRO INVESTOR

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.

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