eToro: Buy Shares with 0% Commission

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How to Buy Syme Shares – With 0% Commission

[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 Buy Syme Shares in the UK. We’ll also explore the company’s share price history, its financials, and how you can add Syme to your portfolio while paying little to no commission.

How to Buy Syme Shares UK – Step by Step Guide 2021

If you intend to buy Syme shares in the UK, then 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 Syme 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 – Your driver’s license or official passport is needed to verify your eToro 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: Buy 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: Choose a Stock Broker

One of the most important things to consider when you want to trade any investment is which broker you choose to trade with. 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, we have selected our top two brokers for trading Syme shares. They are:

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

etoro stock brokerOur number one pick to trade Syme Shares UK is eToro. One of the best things about this stock broker is the pricing. 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 take advantage of ‘fractional ownership’. This means it will enable you to buy a fraction of stocks to add to your portfolio.

etoro copyportfolio

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, you can 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 and make gains alongside. 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.

Pros

  • Commission-free trades
  • No stamp duty tax on UK shares
  • Absence of deposit and monthly account fees
  • Over 3,000 global shares and 250 ETFs
  • Useful CopyPortfolio and CopyTrader features
  • Heavily 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 Syme Shares UK with Leverage

Fineco ETF brokerItalian bank and broker, Fineco bank is another broker we would recommend to buy Syme shares through. 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. 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. It offers low stock and ETF commissions trading making it a great platform to trade several investments.

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 Syme Shares

[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 to know if it is a good investment or not. To streamline this process, we highlight key details about the company alongside its financial track record to help you know whether to buy Syme shares or not.

What is Syme?

Supply@me logo

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 amazing feat with the combination of several risk analysis methodologies and exponential technologies to enable it to become the best fintech inventory data assessment and monitoring platform.

Supply Me Capital Homepage

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.

Supplymecapital home

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.

SYME Share Price

[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.

SYME Shares Dividends

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, and we would update you when this changes.

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.

Are SYME Shares A Good Buy?

So, should you buy SYME shares in the UK? [email protected]’s value proposition of creating a working capital for companies to cash in on some of their assets will likely see more adoption as struggling businesses seek out revenue sources due to the impact of the coronavirus. An added benefit is that the blockchain-centric business has built a solution around the buzzword for this year – ‘blockchain technology.’

supply@me capital 1 year chart

[email protected] capital 1-year chart | Source: TradingView

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 buy a large volume of SYME shares and sell when the price rises. SYME share price has been on a downward spiral with intermittent bouts of rallies, but this is not expected to continue when full business operations kick-off. This would likely see its share price retest its record high of £0.80 once the pandemic is continued to a reasonable level. Buying a company’s share price is a bet that the price will rise with time. However, as with all investment decisions, you will need to decide if the company is a good investment or not. We recommend doing the necessary research to guide your investing decisions.

Step 3: Open an Account & Buy Shares

Having covered all the relevant information on Syme shares, you may have decided you want to buy now. In order to connect you to a stock exchange, you need to trade through 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 Syme 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.

supply@me capital 1 year chart

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

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

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.

SYME Shares Buy or Sell?

So, should you buy SYME shares or not? That largely depends on you, but the company’s business model is exciting and is seeing much adoption. With its recent client absorption more than doubling in the first four months of the year, this shows that more businesses are open to the idea of generating revenue from assets they don’t use too often. This would likely positively impact share price in the long run. New ways of doing business are gradually being accepted, and inventory monetization could be the next billion-dollar industry.

eToro – Buy SYME Shares with 0% Commission

[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 greatly increased its chances of future success. If you are looking for a broker to buy SYME shares, we recommend eToro. Although SYME shares are currently not supported, eToro is home to some of the top UK and US stocks while combining traditional investments like commodities and FX currency pairs and new-generation asset classes like cryptocurrencies. Also, you get to buy shares of any company with 0% commission which will significantly increase your purchasing power in the long term. You can get started now with only $50.

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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