Buy Snapchat shares: The need-to-knows

With the right broker, you could buy shares in Snapchat today and track its performance.

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Snapchat is an American technology company and multimedia messaging app used globally, with more than 187 million daily active users. Snapchat is the new direction for social media, with virtual stickers and distorting facial filters, it presents an exciting, new concept where pictures and messages are only accessible for a short time until they disappear forever!
With a net income of £349 million in 2017, Snapchat has been tipped as the hottest instant communication app.
warning iconWarning: The value of investments can go down as well as up so you may not get back the money you invest. Please ensure you understand the risks.

Snapchat’s recent stock performance

Take a look below at Snapchat’s stock price performance over the past 3 months. Monitoring market performance is just one aspect of the research you should do before investing in a company like Snapchat. Remember, past performance is no indication of future results!

Compare these platforms to trade Snapchat shares

The following share-dealing platforms offer access to a wide range of UK and global companies. See which offers the most attractive dealing rates for your needs, then head to the provider’s website and search for “Snapchat shares”.

Updated August 23rd, 2019
Name Product Price per trade Frequent trader rate Platform fees
£1.75 + 0.022% (max £5.00)
£1.75 + 0.022% (max £5.00)
Portfolio transfer fees (in & out)
Your capital is at risk.
eToro Free Stocks
eToro Free Stocks
0% commission, no markup, no ticket fee, no management fee
N/A
Withdrawal fee & GDP to USD deposit conversion
Your capital is at risk. 75% of retail CFD accounts lose money.
from £7.50 on the Frequent Dealer Option (or 1% minimum £7.50)
£24 per quarter
£2.00 for a Share Account
Your capital is at risk.
From £7.99 on the Investor Service Plan
From £7.99 on the Investor Service Plan
No transfer fees or exit fees. £9.99 a month on the Investor Service Plan
Your capital is at risk.
£8
From £5
£0 - £24/quarter
Your capital is at risk.
£11.95
£5.95
Transfer out fee
Your capital is at risk.

Compare up to 4 providers

Updated August 23rd, 2019
Name Product FTSE 100 daily spread Wall Street daily spread GBP-USD daily spread EUR-USD daily spread
eToro CFD Trading
eToro CFD Trading
150pips.
-
4pips. (variable)
3pips. (variable)
65% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
24option.com CFD Trading
24option.com CFD Trading
1pt. (fixed) margin: 0.5%+
0.8pts. (fixed) margin: 0.5%+
1.0pips. (fixed) margin: 0.5%
0.8pips. (fixed) margin: 0.5%+
84.94% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
IG CFD Trading
IG CFD Trading
1pt. (variable)
margin: 5%+
1.6pts. (variable)
margin: 5%+
0.9pips. (variable)
margin: 3.33%+
0.6pips. (variable)
margin: 3.33%+
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Plus500 CFD Account
Plus500 CFD Account
1pt. (variable)
margin: 0.33%+
4pts. (variable)
margin: 0.33%+
2.1pips (variable)
margin: 0.33%+
0.6pips (variable)
margin: 0.33%+
80.6% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XTB CFD Trading
XTB CFD Trading
0.5
1
0.1
0.2
79% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Compare up to 4 providers

Updated August 23rd, 2019
Name Product FTSE 100 daily spread Wall Street daily spread GBP-USD daily spread EUR-USD daily spread
IG Spread Betting Account
IG Spread Betting Account
1pt. (variable)
margin: 0.5%+
1.6pts.
(variable)
margin: 0.5%+
0.9pips.
(variable)
margin: 1%+
0.6pips.
(variable)
margin: 0.5%+
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Compare up to 4 providers

Updated August 23rd, 2019
Name Product Cryptocurrencies Bitcoin daily spread Ethereum daily spread Market hours
eToro CFD Trading
eToro CFD Trading
Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Ripple, Litecoin + more
0.75%
1.90%
24/7
65% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
24option.com Cryptocurrency CFD Trading
24option.com Cryptocurrency CFD Trading
Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Ripple, Litecoin
30pips (variable)
6pips (variable)
Sunday 22:00 - Friday 21:59
84.94% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
IG crypto CFD Trading
IG crypto CFD Trading
Bitcoin, Ethereum, Bitcoin Cash, Bitcoin Gold, Litecoin, Ripple
110 pips (variable)
leverage: 1:20+
5 pips (variable)
leverage: 1:5+
Saturday 8am -
Friday 10pm
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Plus500 Cryptocurrency CFD Trading
Plus500 Cryptocurrency CFD Trading
Bitcoin, Ethereum, Bitcoin Cash, IOTA, Litecoin, Ripple
24/7
80.6% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XTB Cryptocurrency
XTB Cryptocurrency
1%
1%
24h from 04:00 to 22:00
79% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Compare up to 4 providers

Updated August 23rd, 2019
Name Product EUR/GBP daily spread USD/JPY daily spread GBP-USD daily spread EUR-USD daily spread
eToro Forex Trading
eToro Forex Trading
4 pips
2 pips
4 pips
3 pips
65% of retail investors lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
24option.com Forex Trading
24option.com Forex Trading
4 pips
3 pips
4 pips
3 pips
84.94% of retail investors lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pepperstone Forex Trading
Pepperstone Forex Trading
1.9pips
1.2pips
1.9 pips
1 pip
74.6% of retail investors lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Plus500 Forex Trading
Plus500 Forex Trading
-
-
-
-
80.6% of retail investors lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
IG Forex Trading
IG Forex Trading
0.9 pips
0.7 pips
0.9pts (variable)
margin: 3.33%+
0.6pts (variable)
margin: 3.33%+
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
FXTM Forex Trading
FXTM Forex Trading
2.4 pips
2.1 pips
2.1 pips
2.0 pips
64% of retail investors lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XTB Forex Trading
XTB Forex Trading
0.1 pips
0.1 pips
0.1 pips
0.2 pips
79% of retail investors lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Compare up to 4 providers

Snapchat’s financial performance

Explore the table below to see how Snapchat has performed financially over the last 3 years. All figures shown are in GBP (£).

Snapchat revenue figures (December 31) 2015 2016 2017
Revenue £58.6 milliom £404.4 mllion £824.9 million
Operating income £381.7 million £520.3 million £3.4 billion
Net income £372.89 million £514.64 million £3.45 billion
Total assets £939 million £1.7 billion £3.4 billion
Total equity £2.9 million £1.5 billion £2.9 billion

Ways to stay up-to-date with Snapchat shares

When buying or selling shares in a company, it’s important to keep an eye on current affairs related to it. We will talk you through some of the key things to keep an eye on when trading Snapchat shares.

  • Financial reporting. It’s a good idea to know when Snapchat will be releasing the financial reports; this will let you know how the company is performing and will have a big impact on the share price. Snapchat reports on the December 31 each year.
  • Company news. It’s important to keep up-to-date on the company news – for example, is Snapchat hiring/firing staff? Is it being innovative and staying on trend? Events such as these will have an impact on the share price of Snapchat.
  • Wider news. You should also be aware of other external events and news that may have an impact on Snapchat share price – for instance, consumer behaviour.
  • Does the company pay dividends? If a company pays dividends, it means it pay some of the profits back to shareholders. Currently, Snapchat does not pay dividends on its shares.
  • Shareholder meetings. These are often held annually and invite large shareholders to attend meetings and vote on matters relating to the company. It is a good idea to know when these are, as they can be important for the direction of the company.

Buying overseas stocks

First things first: check if the platform you’re considering allows you to hold foreign shares. Whether you’re looking at a dealing account, a stocks and shares ISA, or a SIPP (self invested personal pension), different trading providers have different rules.

Under HMRC rules, you’re allowed to hold shares listed on a “recognised stock exchange”. Your provider, however, may not allow it. So, check what stocks you’re able to hold with the share-dealing platform you’re considering.

Checklist before you invest in any company

  • What does the company do? This might sound crazy with a company like Snapchat, but can you explain what the company does in a few sentences? If you can’t, maybe you should go back to the drawing board.
  • Is it making profits? This is a seemingly simple question. If you’re not sure whether a company is profitable, this could be a warning sign. If you want, you can read Snapchat’s quarterly or annual earnings reports and take a look at the figures for yourself.
  • Who are the main competitors? Every company operates alongside competitors. Before you invest you need to know if the company is the market leader, a newcomer, a fast-growing disrupter, and so on. If the company you’re considering investing in is global-facing, you need to keep an eye on foreign competition too.
  • Who is running the company? You might not be an expert (yet), swinging by CEO Evan Spiegel’s office to chat about growth. You can still do your homework, though. Any decent company will list its senior managers. Even a cursory look at this can tell you something about the company’s stability and management style.
  • Is the company’s position sustainable? If you’re investing for the long-term, you need to consider this question. If you’re looking for a short-term gain, perhaps this is less important.
  • Is there room for future growth? Linked to the question above, what is the outlook for the medium to long-term. Has your company reached its maximum size?

Frequently asked questions

We exist to help you find better. The offers we've compared on this page are from a range of products whose details we can track; we don't cover every product on the market...yet. Unless we've indicated otherwise, products are shown in no particular order or ranking. The terms "best", "top", "cheap" (and variations of these) aren't product ratings, although we always explain what's great about a product when we highlight it; this is subject to our terms of use. When you make major financial decisions, it's wise to consider getting independent financial advice. Always consider your own financial circumstances when you compare products so you get what's right for you.

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