konversi_timezone(18 Jan 2023 5:20, America/New_York, 'full date') Best Brokers to Trade Google Stock
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Best Brokers to Trade Google Stock



Jan 18, 2023  
Google stock is a great option to invest in. But the real question is, which Google broker has the best price and conditions?

Among many financial instruments, stocks remain one of the most popular assets. The reason is simple it's there are a lot of benefits to stock investments. But, the main reason is that stocks allow traders to gain regular passive incomes from dividends. A dividend income can help supplement an investor's paycheck or retirement income. It is also a great way to diversify portfolios across different industries.

However, traders should choose the right instrument to trade stocks successfully. The easiest way to do this is to invest in a large-cap company since they are more secure. The best example is Alphabet Inc., a collection of companies established in 2015 and includes many internet products. One of the most extensive stocks in Alphabet Inc. is Google. Considering Google's popularity as an internet search engine, it's compelling to trade the stock.

 

Google as a Company

Google is an American technology company that focuses on search engine technology. In addition to that, this company also offers other services like online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. Larry Page and Sergey Brin founded Google on September 4, 1998. This company is one of the most visited websites worldwide, along with YouTube, which is also under the same parent company (Alphabet Inc). Google is ranked second by Forbes and fourth by Interbrand on the most valuable brands list.

 

Things to Know About Google Stocks

One thing that most traders are confused about when they first trade Google stocks is that there are two ticker symbols for this company. Those are GOOGL and GOOG. None of them are fakes, and both are eligible to trade. The difference is caused by the penultimate stock split of 2014. At the time, the company issued a class C share for each class A share owned by the shareholders until then. But what are the differences between the two stocks?

GOOGL is a class A share mostly known as an ordinary share. This type allows the stakeholder to give voting rights in addition to the default ownership stake.

Meanwhile, GOOG is a class C share that only gives stockholders an ownership stake but not the eligibility to vote. Despite the differences, both stocks are usually traded around the same price. Both are suitable investments, considering they belong to the same company.

 

Best Google Brokers

Once you decide to invest in Google stock, the next step is determining which broker to invest with. It might not be easy to determine which brokers to choose from, but there are some criteria to narrow it down. This article would only discuss Google stock trading as a CFD, so the brokers should meet the following requirements:

  • Minimum deposit: Make sure the minimum deposit is according to the trading cost set aside for investment.
  • Trading Costs: Stock trading often requires traders to open positions overnight. So, aside from the usual trading costs (spreads and commission), ensure the overnight fee isn't too high.
  • Availability: Each broker tends to offer different types of trading instruments. So, ensure the broker provides Google stock in their asset lists.

From the components above, here are some good examples of Google brokers:

 

AvaTrade

AvaTrade was founded in 2006; this broker has over 400,000 traders and counting. While they are known as CFD online trading providers, AvaTrade also offers stock trading.

As one of the best Google brokers, AvaTrade makes sure traders get the best conditions. This broker comes with a minimum deposit of $100, which is reasonable for all traders. For the overnight interest (daily), the rate would be -0.0062% for Sell and -0.0272% for Buy positions. There will be no commission fees charged. The typical spread for Google stock in AvaTrade is 0.13%.

 

Pepperstone

Pepperstone was founded in 2012 by a group of experienced traders. Right now, Pepperstone has been trusted by over 300,000 traders all around the world. As a multi-asset CFDs broker, Pepperstone offers different instruments, including Google Stocks. While Pepperstone doesn't have an exact minimum deposit requirement, traders should deposit at least $200. The daily swap charge for this broker is 2.5%. Traders will be expected to pay a commission fee of $0.02 per share, but stocks trading in Pepperstone will get 0 market spread.

 

CMC Markets

CMC Markets is a professional brokerage with over 30 years of experience. Right now, this broker has over 300,000 clients all over the world. Aside from forex, this broker offers various shares, including Google stock. CMC Market is a flexible Google broker, considering this broker has no minimum deposit requirement. But there will be a commission of $0.02 per share to pay. However, this is relatively affordable. Besides commission, traders will need to pay for holding costs. It costs -4.5200% for buy positions and 1.8800% for sell positions. As for the spreads, CMC Markets applies 3.00 pips of fixed spread for Google stock trading.

 

HYCM

HYCM has been around since 1998 and caters to traders in more than 140 countries across Europe, Asia, and Australia. This broker offers plenty of stocks to trade, including Google. Another benefit of trading with HYCM is that they are quite affordable. With a minimum deposit of $100, traders can gain access to investing in stocks. Traders won't be charged commission fees, but a swap fee of -3% for both long and short swaps must be paid. HYCM offers a fixed 17 pips spread for stock trading.

 

IG

IG is among the best brokers for all kinds of traders, including Google stock traders. The minimum deposit for trading with this broker is $250. While this is a bit higher than other brokers on this list, it is relatively affordable. A commission fee of 2 cents per share will be applied to stock trades on this broker. In addition, traders will also be charged overnight funding admin fees of 2.5% to 3%. Meanwhile, the spread for stocks trading in IG is around 0.10%.

 

XTB

XTB is another excellent option for traders looking for a Google broker, especially for new traders with a more limited budget for starting their investments. There are a lot of benefits to gain from this broker. First, XTB doesn't have a minimum deposit, making it flexible for new traders. In addition to that, this broker doesn't charge traders the commission of swap fees either. This combination makes XTB one of the best choices to trade Google stocks at an affordable cost.

 

easyMarkets

Considering easyMarkets' more than 20 years of experience in the market, their integrity is no joke. This broker also has an affordable minimum deposit of $25, making it a good broker for small-cap traders. In addition, traders won't have to pay any commission or commission fees, for that matter. When it comes to spread, easyMarkets apply spreads from 0.17 pips.

 

FBS

FBS broker is a global forex brokerage that has been in operation since 2009. They offer various trading instruments, including forex, CFDs, stocks, indices, and commodities. FBS is regulated by several financial regulators, including the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC).

FBS offers a variety of account types to suit different needs and trading styles. Their standard account has a low minimum deposit of $100 and offers competitive spreads. They also offer a Cent account for beginners with a minimum deposit of $1 and smaller spreads. You must open a trading account and deposit funds to trade Google stocks with FBS. You can then select Google stocks from the list of available instruments and place a trade. FBS applies a minimal spread of 0.05 and 0.0% commission for Google stock.

 

Conclusions

Shares are a great idea for investment, especially when traders know which stock to trade with. Technology holds a large power in this modern day and age, so company stocks from this industry provide many opportunities to earn from their advancements and innovations. Among many other companies, Google remains one of the strongest. To find which CFD broker is ideal for Google stock, consider the minimum deposit, trading costs, and availability. Check out this comparison below to help traders choose the best Google broker.

🏦Broker 💲Minimum Deposit 💸Trading Costs  Google Stock Available
AvaTrade $100
  • Spread: 0.13%
  • Commission: ❌
  • Swap: -0.0062% (Sell), -0.0272% (Buy)
✔️
Pepperstone $200
  • Spread: 0
  • Commission: $0.02 per share
  • Swap: 2.5%
✔️
CMC Markets
  • Spread: 3.00
  • Commission: $0.02
  • Swap: -4.5200% (Buy), 1.8800% (Sell)
✔️
HYCM $100
  • Spread: 17
  • Commission: ❌
  • Swap: -3%
✔️
IG $250
  • Spread: 0.10%
  • Commission: 2 cents per share
  • Swap: 2.5% to 3%
✔️
XTB
  • Spread: Direct pricing
  • Commission: ❌
  • Swap: ❌
✔️
easyMarkets $25
  • Spread: 0.17
  • Commission: ❌
  • Swap: ❌
✔️
FBS $1
  • Spread: 0.05 - 0.14
  • Commission: ❌
  • Swap: 2.42% - 2.58%
✔️

 

Aside from all the brokers listed above, there are other reliable brokers to consider regarding CFD stock trading. One of which is HF Markets.


15 Comments

Marvel

Jan 20 2023

I think Google stock is the company that trades the most profitable stocks in my opinion although of course there are risks too. why? I think of Google as a large company that has almost succeeded in monopolizing the search engine market on the internet. As the company's business model continues to evolve, buying Google stock could be a good investment opportunity in my opinion. Apart from being the ruler of search engines, this company also has many products, right like Gmail, Chrome, Gmap, Gdrive and others.
I think, if you guys want to do Google stock trading, what you have to do is take into account the value of Google shares at that time, the number of shares you are going to buy, and the commission that is imposed by your broker. So maybe among the brokers mentioned here, which broker provides low trading fees and free swap fees.

Charles

Jan 20 2023

Marvel: I also like to trade Google stock, yeah, as you have explained, Google is a very large company and almost monopolizes almost everyone who uses its products. Based on technical and fundamental analysis, it can be concluded that buying Google stock is a good idea. Google shares can be a profitable part of your trading instrument. If the trend reverses, you can also try to earn money by investing in Google via CFD. With CFDs, you can trade long and short and take advantage of the use of leverage.
So, after I read this article, I think all the brokers mentioned by the author have their respective advantages. But I wonder, why is Admirals market not included in it? because i guess this broker is pretty good. I say this because I'm also an Admiral user.

Carla

Jan 20 2023

Charles

Hello bro, I think Admiral is also good for those of you who like stock trading, but why isn't Admiral listed as a good broker for Google stock trading? I know that trading fees at Admiral are quite low and competitive with other brokers, the base currencies offered are also quite a lot. I think the reason this broker is not included in the main broker in stock trading there are several points

  1. Platforms offered by major brokers like HYCM provide more complete features compared to Admirals. For example, HYCM provides copy trading which can make it easier for traders to copy strategies from pro strategy providers
  2. There are several brokers mentioned in this article that have lower trading fees than Admirals
  3. There are also several brokers mentioned that offer more and more varied Google stock trading instruments
Karenna

Jan 20 2023

I think stock trading is quite profitable, if you know the strategy. I think even if you only have a little expertise in trading, you will still make a profit as long as you can properly take advantage of the features provided by the broker. So, I guess a good feature will allow novice traders to gain knowledge and experience. And I think almost all brokers provide demo trading with me as a place to learn.
After I saw this article, I focused on pepperstone and HYCM brokers because they have fairly low trading fees. And well maybe because I often hear about this broker. but I want to ask, is HYCM suitable for beginners who want to trade Google shares?

Solar

Jan 20 2023

Karenna: I think HYCM can be an option for beginners who want to trade Google shares. Generally, beginners are confused about choosing the right broker for trading, especially Google shares. Well, I think this broker is suitable anyway. To my knowledge yes HYCM hosts a range of excellent educational tools designed to develop trading skills and enhance traders' knowledge of financial markets. All HYCM customers have one advantage: All materials are offered free on the website, including videos and reading materials.
I also think that HYCM also provides demo accounts and copy trading platforms to help novice traders and develop trading strategies.

Steven

Jan 20 2023

Karenna: I think all beginners must have knowledge and guidance to trade any stock, including Google stock. And all the trading difficulties of beginners can be overcome by this broker by making its educational features suitable for customers. Educational topics are more geared towards helping novice traders, and include topics such as Risk Management, Tips for Traders, Trading Tools, Strategies (both simple and advanced), and an excellent introduction to the Capital Markets. Well structured courses for beginner traders are also available.
HYCM hosts free weekly webinars for all registered users. Webinars teach traders how to analyze various market movements. Traders will learn how to plan and get involved

Caroline

Jan 21 2023

So, guys, in this article, it's explained that GOOGL is a class A share or better known as an ordinary share that allows you to contribute to the company. But if GOOG is a class C stock which only gives ownership rights to shareholders but does not have the right to decide something.
And yeah, I can conclude here that GOOG can provide traders with more profits. well, even to choose which stock is right for you it depends on your trading skills or the budget that you have prepared for trading. So, if we choose Google stock trading, of course, several brokers offer several platforms, including MT4 and MT5. Now, for Google stock trading, which one should I choose between these 2 accounts?

Farrel

Jan 21 2023

Caroline: Thanks to the combination of advertising and technology, Google has confidently entered our everyday life. So, of course, Google shares can be one of the profitable and tempting trades for some traders.
When investing in Google or any other asset, it is very important to do it on a user-friendly trading platform. MetaTrader 5 is a good multi-asset trading platform that is superior to MT4 in terms of features. The broker that offers a good MT5 in my opinion is HYXM which provides a modern interface. In addition, this broker offers an unlimited number of charts to use, shows Market Depth, and has a built-in Economic Calendar. It also has a greater number of pending order types than MT4 and features an embedded chat system. The MQL5 scripting language is more efficient than its predecessors, and MT5 has more advanced charting tools than MT4.

Jessice

Jan 21 2023

After reading this article I think that the AvaTrade and Pepperstone brokers have the same low Google stock trading fees. And yeha, both of these accounts include the broker broker that is wanted by me. because as far as I know these two brokers are well regulated. Because I'm still a beginner in the world of trading, I feel confused about which broker I chose for Google stock trading. Why did I choose Google stock? The reason is because Google is a trusted company and stocks include trading which is quite safe in my opinion.
OK. Can you help explain which account is good for beginners to use?

Dalton

Jan 21 2023

Jessice: If you want to find a good broker for beginners in stock trading, including Google, I would like to suggest you the AvaTrade broker. Why do I recommend this account? What I like about this broker is its trading tools which are quite complete. This broker creates its own trading tools that are quite competitive with other brokers.
As far as I know, the superior trading tools are Duplitrade and Zulutrade and AvaSosial. Zulutrade is the best in my opinion because with Zulutrade it can convert the recommendations of experienced traders and automatically execute trades on your AvaTrade account. So Zulutrade is kind of offering automated trading, yes, and copy traders can monitor all open positions in real-time and will have complete control over their funds.
There is also AvaTrade which allows its customers to interact with other traders through the community channel and ask questions about certain strategies. You can also look for mentors for trading there, so I highly recommend this service.
I guess, the trading experience offered by Avatrader is more comprehensive compared to its equivalent brokers.

Dante

Jan 23 2023

When it comes to investing in Alphabet Inc., understanding the differences between its class A share, GOOGL, and its class C share, GOOG, is crucial. While both shares are typically traded at similar prices, GOOGL grants shareholders voting rights in addition to ownership stake, whereas GOOG only provides ownership stake without the eligibility to vote. These distinctions raise important considerations for investors.

In light of these differences, what factors should investors carefully weigh when deciding between investing in GOOGL or GOOG, given that they both belong to the same company? How do the voting rights associated with GOOGL potentially influence decision-making within Alphabet Inc.? Are there any specific advantages or drawbacks to owning either class of shares that investors should take into account? Furthermore, how might these differences impact the long-term growth potential and overall performance of the stock?

Henderson

Jun 11 2023

@Dante: When choosing between investing in Alphabet Inc.'s class A share (GOOGL) or class C share (GOOG), there are important factors to consider. GOOGL provides voting rights alongside ownership, allowing shareholders to participate in company decisions. In contrast, GOOG only offers ownership without voting rights. Investors should evaluate their interest in influencing company affairs before deciding. However, it's essential to note that voting rights may not have a significant impact on day-to-day decisions within Alphabet Inc. Both shares generally trade at similar prices, but specific terms and benefits may differ during corporate events. The long-term growth potential and overall performance of the shares are primarily driven by the company's fundamentals and industry trends, rather than the differences between the share classes. Ultimately, the choice depends on personal preferences and investment goals.

Sammy

Jun 17 2023

I find it fascinating that brokers like CMC Markets have been in the industry for over 30 years and have amassed such a large client base worldwide. It's impressive to see that they offer a wide range of trading options, including shares like Google stock. I'm particularly intrigued by the concept of fixed spreads that CMC Markets provides.

Could you shed some light on how brokers like CMC Markets are able to offer fixed spreads for trading? I mean, in a dynamic market where prices are constantly fluctuating, it seems quite intriguing to have a fixed spread. How do they manage to maintain a consistent spread regardless of market conditions? Are there any specific mechanisms or strategies that allow them to provide this stability?

Jorge joshua

Jun 18 2023

@Sammy: It's bloody impressive how brokers like CMC Markets have been in the game for over 30 years, mate. They've built a massive client base worldwide and offer heaps of trading options, like trading shares in Google, for example. But what really caught my attention is their fixed spreads, mate.

Now, wrap your head around this: in a market where prices are all over the place, CMC Markets manages to keep their spreads fixed. How do they do it, you ask? Well, as market makers, they act as the middleman, mate. Instead of directly matching buyers and sellers, they provide liquidity and execute trades for their clients.

To keep those spreads steady, they carefully balance their own risks by adjusting their internal pricing models based on market conditions. They also tap into a network of liquidity providers to get competitive prices and hedge their positions, ya know?

So, while trading with fixed spreads gives you transparency and predictability in costs, remember that during volatile times, execution speed and slippage might come into play, alright? But all in all, brokers like CMC Markets know their stuff and strive to offer stability and certainty for traders like you and me. Cheers, mate!

Ben

Jul 3 2023

It is interesting! By implementing percentage-based trading, IG allows traders with varying capital sizes to participate in the market, making it more inclusive and accessible. This approach provides flexibility in position sizing, enabling traders to adjust their positions based on their risk appetite and account size. Moreover, percentage-based trading ensures standardized risk management practices across different stocks, contributing to consistent portfolio management. Additionally, IG's embrace of percentage-based trading aligns with the concept of fractional shares, allowing traders to invest in a fraction of a share without the need to purchase a whole share, particularly important for high-priced stocks like Google. By understanding the rationale behind IG's adoption of percentage-based trading, traders can evaluate its benefits in terms of accessibility, flexibility, risk management, and the facilitation of fractional share trading.