How to buy Shopify shares

Shopify shares have increased 2.58% from yesterday's closing price ($54.57). Learn how to easily invest in Shopify shares in the UK.

Shopify Inc (SHOP) is a publicly traded software-application business based in Canada. In the week up to 21 September Shopify shares plunged 15.30% to a closing position of $53.7. However, over the last 12 months, Shopify's share price has risen by a staggering 102.56% from $26.94. Shopify is listed on the NYSE and employs 11,600 staff. All prices are listed in US Dollars.

How to buy shares in Shopify

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: SHOP in this case.
  5. Research Shopify shares. The platform should provide the latest information available.
  6. Buy Shopify shares. It's that simple.

The whole process can take as little as 15 minutes.

Our top picks for where to buy Shopify shares:

Best for

Beginner investments

IG Share Dealing image

Fees for buying 10x Shopify shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Customer feedback Monthly fee Min. initial deposit Trading fee estimate
eToro Free Stocks logo ★★★★★ £0 $50 £2.24
£449.49 total
Capital at risk
Freetrade logo ★★★★★ £0 No minimum £2.64
£449.89 total
Capital at risk
IG Share Dealing logo ★★★★★ £0 No minimum £10.47
£457.73 total
Capital at risk
XTB logo Not yet rated £0 No minimum £2.24
£449.49 total
Capital at risk
CMC Invest share dealing account logo ★★★★★ £0 No minimum £2.24
£449.49 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo ★★★★★ £0 £1 £16.42
£463.68 total
Capital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Shopify

Latest updates for Shopify

August 31, 2023: The Shopify stock price has lifted by roughly 5% in the past week after Amazon announced an "enhanced collaboration" with the firm and the launch of the "Buy with Prime" app for Shopify.

Is it a good time to buy Shopify stock?

Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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Invest in Shopify shares
Finder Award

  • Start investing from $50
  • Pay no stamp duty on UK shares
  • Commission-free trading. Other fees may apply.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Shopify under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Shopify P/E ratio, PEG ratio and EBITDA

Shopify's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 26.1997. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Shopify's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider Shopify's PEG ratio in relation to those of similar companies.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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