Netflix has taken the world by storm. Not just though it’s massive library of entertainment, but by also providing stellar returns to it’s investors. If you want to Netflix and chill and buy shares in Netflix from the UK, you need an FCA-regulated stock broker that provides access to US stocks. You can use our comparison of UK-based share dealing platforms that offer access to international markets and see what they charge for buying and selling US stocks, plus what the foreign exchange conversion costs are for converting GBP into USD.
🧑🎓Here are the steps to follow for buying Netflix shares from the UK.
- Open an account with a share dealing platform that lets you invest in US stocks
- Decide how much you want to buy and deposit fund your account
- As Netflix is a US stock and traded in USD you need to convert your funds to USD. You can either do this before trading or the share dealing platform will do it automatically for you.
- In your share dealing platform type in Netflix’s NASDAQ stock symbol (NFLX) and click “buy”. You can be given the option to buy at the currency price (market order) or set a maximin price at which you want to buy at (limit order).
🤔Note: Netflix stocks versus shares
In the US they refer to shares as stocks, but they are the same thing…
⚠️What to watch out for! FX rates
When you buy US stocks a hidden cost is often the exchange rate a share dealing platform charge for converting GBP into USD. You can compare these in our US share dealing platform comparison table.
💡Hints: Best brokers
Here are some of the best accounts for buying Netflix shares
- Interactive Brokers offers the cheapest FX rates for buying Netflix shares
- Hargreaves Lansdown provides an excellent service if Netflix is only going to be a small part of your portfolio.
- Dodl offers a very low account, dealing and fx cost for new and small investors.
- IG offers free US share dealing if you trade a certain amount each month.
Compare accounts for buying Netflix shares
US Stock Buying Platform | US Commission | FX Rate | Account Fee | ISA | GMG Rating | More Info |
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£0 - £10 | 0.5% | $0 - $96 per year | ✔️ | Visit Broker Capital at risk |
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0.5 cents per share | 0.02% | $0 | ✔️ | Visit Broker Capital at risk |
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0.015 USD/Share (min. 1 USD) | 0.25% | 0.12% - 0.08% | ✔️ | Visit Broker Capital at risk |
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$0 | 0%-1.5% | $0 | ❌ | Visit Broker Capital at risk |
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£3.50 - £5 | 0.75% - 0.25% | 0.25% (max £3.50 per month) | ✔️ | Visit Broker Capital at risk |
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£5.95 - £11.95 | 1% - 0.25% | $0 | ✔️ | Visit Broker Capital at risk |
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£3.99 | 1.5% - 0.25% | £4.99 - £19.99 per month | ✔️ | Visit Broker Capital at risk |
How much does it cost to buy Netflix shares (NASDAQ:NFLX)?
As of 20/12/2024 16:00 buying one Netflix share costs $909.05. However, as well as the $909.05 cost of buying the shares you will also have to pay any relevant tax, commission when you buy and sell shares, custody fees for holding your shares on your account and foreign exchange fees for converting GBP into USD. You also have to consider the difference between the bid price (the price at which you sell shares) and the offer price (the price at which you buy shares). These fees vary depending on what sort of account you open, and with what broker.
What is the live Netflix share price (NASDAQ:NFLX)
As of 20/12/2024 16:00, the current Netflix share price is $909.05 which is a change of 7.01 or 0.78% from the last closing price of 909.05 with 4,530,519 shares traded giving NASDAQ:NFLX a market capitalisation of $388,580,689,682. The most recent daily high has been 919.92 and daily low 890.49. The NASDAQ:NFLX share price 52 week high has been 941.75 and the 52 week low 461.86. Based on the most recent NASDAQ:NFLX share price opening of 909.05, the current NASDAQ:NFLX EPS (earnings per share) are 17.67 and the PE (price earnings ratio) is 51.44.
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