[email protected] Capital Plc, also known as Syme is a fintech company that focuses on providing inventory monetization services to companies. In this guide, we will take an in-depth look at How to purchase Syme Shares in the UK. We’ll also explore the company’s share price history, its financials, and how users can add Syme to your portfolio while paying little to no commission.
For investors looking to purchase Syme Shares UK, you will be interested on finding out the steps involved in purchasing Syme Shares. In this example, we provide a step-by-step analysis on how to purchase Syme Shares in the Uk.
- Step 1: Open an account – Head to the website of your chosen brokerage and begin the account creation process. You may need to provide a valid email address, username, and password to sign up.
- Step 2: Upload ID – Your driver’s license or official passport is needed to verify your account. You will also need to upload a proof of address (a recent copy of a bank statement or utility bill) reflecting your current residence.
- Step 3: Deposit – Fund your account through credit/debit card, bank transfer, or e-wallet with at least $50 minimum.
- Step 4: Purchase Syme 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: Review Stock Brokers
Users should consider trading with a popular broker in the UK. There are many brokers out there, all offering different services and fees. It is pertinent to pick a broker that is secure and cost-effective.
To help you decide, here is a review of two popular stock brokers:
Our number one pick to trade Syme Shares UK is eToro. This stock broker offers favourable pricing to users. eToro charges customers zero commission and has no hidden fees. eToro offers a range of asset classes, including contracts for difference (CFDs) trading. The site provides CFDs for stocks, indices, hard metals as well as ETFs, and cryptocurrencies.
Founded in 2007, eToro is home to a fast-growing community of 20 million users globally. It doesn’t charge any deposit fees or monthly account fees. Additionally, eToro is one of the few UK brokers that allows you to invest using ‘fractional ownership’. This means it will enable you to purchase a fraction of stocks to add to your portfolio.
One of the most appealing aspects of eToro is its unique social and copy trading features which have contributed to its rapid rise in popularity. The social trading feature allows you to interact with other investors in a Facebook-like format.
With the copy trading tool, users have the option to copy the trades of other users, especially professional traders. This adds another new dimension to traditional trading. With the copy trader tool, newbies can reduce their risk exposure. eToro trading tools are also one of its core selling points. The CFD broker gives you access to a proprietary charting platform with over 100 technical studies and drawing tools. 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.
|Stock Broker||Minimum Deposit||Fractional Shares?||Pricing System||Cost of Buying Stocks||Fees & Charges|
|eToro||$10||Yes – $10 minimum||0% commission on ALL real stocks, spreads for CFDs||Market spread is not included when buying real stocks||No Deposit fees, $5 withdrawal fee, $10 inactivity fee, no account management fees.|
Sponsored ad. 68% of retail investors lose money trading CFDs at this site
2. Fineco Bank
Italian bank and broker, Fineco bank is another broker which gives users options to multiple stocks and Syme shares. Fineco bank is regulated by the Italian Market regulatory authority CONSOB and the FCA.
It also has a wide selection as it offers users more than 10,000 shares to choose from. Users 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. It offers low stock and ETF commissions trading as well.
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.
67% of retail investor accounts lose money when trading CFDs with this provider.
[email protected]’s fintech solution for inventory monetization is a ground-breaking innovation that has many investors excited about the future. Meanwhile, before investing your funds into the company, it is important that you research the company. To streamline this process, we highlight key details about the company alongside its financial track record to help you know whether to purchase Syme shares or not.
What is Syme?
SYME is short for [email protected], and it was founded in 2000. Operating as a fintech firm, [email protected]@ME enables companies to monetize their stocks to special purpose vehicles owned by the company. The [email protected] platform has the added advantage of allowing these companies to simultaneously keep these stocks on consignment and sell them off to end customers when the lease date is up. This way, companies can generate working capital while they custody their assets, creating a whole new asset class for investors.
The [email protected] platform allows the coming together of both funders, through a securitization scheme, and companies globally. It works by pairing special purpose vehicles (stock companies) that are commercial counterparties of the manufacturing or trading companies. It achieves this feat with the combination of several risk analysis methodologies and exponential technologies.
Some of such bespoke technologies are blockchain technology and enterprise resource planning (ERP), alongside the internet of things (IoT) and bank application programming interface (API).
Each consigned asset is denoted with a representative tokenized certificate that shows that it is generated for the company. Companies can also continue their normal operations via the [email protected] platform, and once the asset is repurchased, the representative certificate is destroyed, and the company can transfer ownership to an end customer if they choose to.
The company has seen much adoption and has generated $2.13 billion worth of prospective contracts, and currently serves thirteen separate industry sectors. So far, 2 million investments have been made, and it is adopted in four distinct regions.
2021 has only seen the company enjoy more success. In April, [email protected] announced that its gross origination of client companies had increased by 13% in Q1 than the previous year. This saw its client list shoot up from 82 last year to 187 in March this year. This positively impacted the inventory value on its system, rising from €1.22 billion to €2.4 billion. [email protected] has also been making strategic partnerships. Towards the tail-end of last year, the company entered into a strategic agreement with a leading European Alternative Investment Firm named Quadrivio.
The collaboration is focused on investing and capitalizing on [email protected]’s Captive Bank. The new partnership is expected to play a pivotal role in the inventory monetization firm’s first securitization issuance. It has also signed a Subscription Agreement with Negma Group Ltd, an investment fund for small and mid-cap companies, for the issuance of £5.6 million to scale the business and realize planned strategic initiatives. Another strategic move saw [email protected] sign Heads of Terms for the acquisition of Singapore-based TradeFlow Capital Management Pte. Ltd.
[email protected] made its debut on the trading floor of the London Stock Exchange (LSE) in March 2020, but so far, it has had a really busy 18 months. Making its debut at £0.80 on August 18, 2020, it dipped to £0.61 two days before rallying to £0.75 on August 24. Denoted with the SYME ticker, the share price has been mostly busy, with the inventory-focused business experiencing wild price swings.
67% of retail investor accounts lose money when trading CFDs with this provider.
Meanwhile, it has not reached the £1 mark, and its highest share price so far this year came in January when it traded at £0.64. At press time, SYME is trading at £0.32, down 4.22% in the last 24 hours.
SYME’s poor performance can be attributed to its ill-fated debut during the coronavirus storm, which closed all business activities in the world. With its technology getting the needed attention and blockchain becoming a staple in our society, SYME share price could rally as lockdown restrictions ease across most regions.
Dividend payments are a major draw for several investors. The more a company grows, the higher the dividends investors receive for holding their stock. This generally enables the company to raise more capital without taking on more external loans. [email protected] does not pay dividends to investors. This would likely be because it just became a publicly-listed company last year. Dividend payouts would likely form a key part of their strategy as the years go by.
SYME ESG Breakdown
Environmental, social, and governance (ESG) factors are becoming increasingly important in investor behavior. Now, more investors look at a company’s ESG score to determine if the firm is concerned about the impact of its business operations on the global space and its immediate host community. A company with a high ESG rating attracts more investment as they would likely take steps to ensure their business operations are environmentally sustainable. The highly-rated analytics website CSR Hub is a popular reference for ESG-related data. [email protected]’s ESG data are unavailable at the moment, and this is because the company only went public about a year ago. ESG ratings would likely be available as time goes by.
[email protected]’s value proposition of creating a working capital for companies to cash in on some of their assets will make it a possibility to see more adoption as struggling businesses seek out revenue sources due to the impact of the coronavirus. The blockchain-centric business has built a solution around the buzzword for this year – ‘blockchain technology.’
As more investors become more acquainted with how the technology works and it sees more adoption, [email protected] would quickly establish itself as an inventory monetization leader in the coming years. Meanwhile, its low price is also a major draw for many value-driven investors who can purchase a large volume of SYME shares and sell when the price rises. However, SYME share price has been on a downward spiral with intermittent bouts of rallies. As with all investment decisions, you will need to decide if the company is a valuable investment or not. Users should conduct the necessary research to guide your investing decisions.
Having covered all the relevant information on Syme shares, you should be able to make a decision on whether or not you want to invest in these shares . In order to connect you to a stock exchange, you need to trade through a broker.
Here is how users may invest in UK shares with a suitable brokerage:
Step 1: Create an Account
Navigate to the homepage of your chosen broker and begin the sign-up process. On the signup page that follows, simply enter your personal details and choose a username and password.
Step 2: Verify your Identify
To verify your identity, simply 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). Most brokerages only require these two documents to verify your account.
Step 3: Make a Deposit
You will need to make a minimum deposit which can begin from $10, if you choose a suitable brokerage in UK. Here is an example of some of the payment methods which may be made available to you on a suitable brokerage:
- Credit card
- Debit card
- Bank transfer
Once you have made the deposit, you may 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 enter the amount of cash you wish to deposit in the trade.
[email protected] takes business to a whole new level while also opening a novel asset class for investors. With blockchain playing a significant role in its services, the company has increased its chances of future success.
If users choose to invest in Syme, they should do so with a popular broker that provides low fees on trading, a simple user interface and plenty of tools & features at your disposal.