Carnival Corporation & PLC is a global leisure travel company offering a wide range of cruise vacation experiences. If you’re interested in investing in Carnival, purchasing shares of the company can be a great way to potentially profit from its growth and success. However, if you’re new to investing, you may need to learn how to buy Carnival shares. Therefore, we prepared this guide to walk you through the process of buying Carnival shares. This is so you can make informed decisions about your investments and potentially reap the rewards of investing in one of the world’s leading cruise companies.
In this guide
Top 3 Brokers for Buying Carnival Shares
Carnival Corporation is listed on the NYSE under the symbol CCL. Therefore, to access the company’s shares and make a purchase, you need a reliable and credible stock broker with access to the exchange. The best element about using stock brokers to purchase CCL stocks is that brokers allow you to purchase the stock in fractions or trade them as CFDs. You can also invest in Carnival shares as indices, whereby you purchase a bucket of stocks in a single investment.
If you are a UK stock investor, you probably know that finding the best stock broker for buying Carnival shares is challenging. With hundreds of options available, we decided to conduct extensive research and list below the top three to consider based on your investment needs.
1. eToro
Founded in 2007, eToro continues to make a name for itself among UK traders as one of the best stock brokers for buying and selling the shares in Carnival Corporation. With this stock broker, you will enjoy a user-friendly interface that is easy to navigate. Plus, users will have access to various tools and resources that are useful in making informed investment decisions. These include detailed company profiles, real-time market data, and expert insights.
eToro offers commission-free stock investment services and a low minimum deposit requirement of $100. Besides purchasing CCL shares, eToro also allows you to trade the shares as CFDs or indices, especially if you do not want to take full ownership of the stock. On top of that, the broker lists additional global stocks and other assets, including forex, commodities, cryptocurrencies, and more, for portfolio diversification.
Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Zero commission means that no broker fee will be charged when opening or closing the position and does not apply to short or leveraged positions. Other fees apply including FX fees on non-USD deposits and withdrawals. Your capital is at risk. For more information, click here.
✔Low minimum to fund an account and begin investing
- A user-friendly stock broker with excellent features for newbies
- Allows purchasing of fractional shares
- Low minimum deposit requirement
- Excellent collection of learning materials, including a demo account and an award-winning social trading platform
- eToro’s spreads for share investment are relatively high
- Charges a fee for making withdrawals
2. FP Markets
Last on our list is FP Markets, an Australian-based online trading platform established in 2005. We highly recommend it for traders looking to invest in Carnival shares due to its superior features and advanced technology. Moreover, FP Markets offers users access to over 10,000 financial instruments, including additional global stocks, indices, bonds, metals, and more. Unfortunately, FP Markets allows users to trade the shares of Carnival Corporation as CFDs and indices. This means you should consider other stock brokers like eToro if you want to buy CCL stock and take complete ownership.
To get started on FP Markets share trading platform, a minimum deposit of £100 is required. Share trading can be done on its featured multiple platforms, including WebTrader, Iress, MT4, and MT5. All a trader has to do is make a choice based on what suits their skill level. The best element about this broker is that newbies and professional traders can benefit from its resources. You can also install its app on your mobile device to manage your investment on the go.
✔Accounts can be opened fast and easy
- Over 10,000 shares, including CCL, to trade
- Low share trading fees on all platforms
- Leverage options of up to 500:1
- Features DMA access on its Iress platform
- Only CFD assets offered
- No price plans
3. CMC Markets
Another stock broker to consider for buying the shares of Carnival Corporation is CMC Markets. Unfortunately, you can only use this stock broker to invest in the shares of Carnival PLC as CFDs or indices. There is no purchasing and taking full ownership of the underlying assets since CMC Markets does not have access to the NYSE. The good news is that the broker has no minimum deposit requirement, and you can transact using credit/debit cards, e-wallets, and bank transfers.
When it comes to CMC Markets’ share trading fees, expect to incur low commissions and margin rates starting from 20%. Like eToro, the broker lists plenty of learning resources and a virtually-funded demo account for gauging your skill level. Moreover, all transactions are free and professional traders have an opportunity to explore advanced resources on CMC Markets’ Next Generation and MT4 platforms.
✔ Great selection of assets
- A low-cost and user-friendly broker perfect for newbies
- An award-winning share trading platform compatible with desktop and mobile devices
- Excellent collection of learning and research tools
- Over 12,000 additional assets for portfolio diversification
- You only get to trade the shares on CCL as CFDs or indices
- Additional fees apply for positions left overnight
How to Buy Carnival Shares With eToro
You need the best stock broker like the ones we recommend above to effectively invest in the shares of Carnival Corporation & PLC. If you are a beginner in the stock market, we take you through the step-by-step procedures on how to buy Carnival shares with eToro as an example. Note that the same principles can be applied to any other FCA-regulated brokers that suit your investment needs.
The first step to buying the shares of CCL is to visit eToro’s website via the links we’ve shared on this page. Once on the page, start by reading and understanding the broker’s terms and conditions to ensure you invest in line with eToro’s requirements. Also, download and install eToro’s trading app from Google Play or the App Store to be able to easily manage your activities on the go.
Complete the account registration by clicking on the “Join Now” button and following the prompts. You will be asked to provide your full name, email address, and password to create your account. eToro will also ask you to complete a basic knowledge test to assess your understanding of the financial markets. The test is straightforward and covers topics such as market volatility and investment risk. This step is essential as it helps eToro determine your level of experience and recommend a suitable trading package for you.
As an FCA-regulated broker, eToro is required to verify your identity and location to ensure the safety and security of its clients. To complete this step, eToro will ask you to provide a copy of your government-issued ID card, driving license, or passport for identity verification. Additionally, the broker will request a copy of a recent utility bill or bank statement to verify your address.
Before you can buy Carnival shares, you must deposit funds into your eToro account. eToro offers a range of payment methods, including bank transfers, debit cards, and e-wallets. The minimum deposit amount is $100, but you can choose to deposit more if you wish. eToro will then confirm your deposit, after which you can proceed to the next step.
Now that you’ve deposited funds, you are free to buy Carnival shares on eToro’s platform. To do so, search for the company’s ticker symbol CCL in the search bar and select the asset for purchase. The best element about eToro is that it allows you to buy the shares of Carnival in fractions or trade them as CFDs. You can test your skill level via the broker’s demo account before making a final decision.
Remember, while getting started with buying the stock of Carnival is easy, always monitor your activities to identify opportunities that might benefit your activities. Also, apply risk management controls like stop-loss orders to mitigate massive losses.
Tips on How to Choose the Best Stock Broker to Buy Carnival Shares
If you are planning to buy or trade CCL shares, choosing the right stock broker can make a big difference in your investment journey. Whether you prefer selecting an option from our list above or conducting your own research, here are some tips on how to choose the best stock broker to buy Carnival shares.
Your funds’ safety should be a top priority when it comes to investing in the shares of Carnival. You want to ensure that your funds are secure and that the broker is reputable. For this reason, look for brokers that are licensed and regulated by the Financial Conduct Authority (FCA) in the UK. This provides assurance that the broker is operating under the best conditions and that you have legal protection in case of any issues.
Consider the trading and non-trading fees that a stock broker charges. Some brokers may offer lower commission rates but charge hidden fees that can add up quickly. On the other hand, some brokers may offer higher commission rates but provide more resources and tools to help you make informed investment decisions. Find a balance between cost and value to ensure that you’re getting the most out of your investment.
A user-friendly platform is essential, especially for beginners. Look for a stock broker that offers a demo account where you can practice trading before investing real money. Additionally, the platform should provide excellent resources for market analysis and upgrading your skills. A mobile trading app is also a plus, as it allows you to monitor your investments and make informed decisions on the go.
Whether you want to trade or buy Carnival stocks, ensure the stock broker you select features the asset and allows you to invest based on your needs. It is also crucial to find a broker with additional securities, including other stocks, forex, cryptocurrencies, commodities, and more, for portfolio diversification. You can confirm a broker’s asset availability through its risk-free demo account.
Choosing a stock broker with a reliable and dedicated support team is crucial, especially when trading challenges arise. Therefore, ensure a stock broker offers multiple channels of support, such as email, phone, and live chat, and has a reputation for quick response times. You can confirm a broker’s support service reputation via user comments on Google Play, Trustpilot, and the App Store.
Carnival Shares Price Today
Staying abreast with the latest share price of Carnival Corporation is crucial, considering that the company’s share value fluctuates from time to time. Fortunately, we have prepared a live chart below that provides real-time data on the current share price of CCL and its historical data to help you make informed investment decisions.
Using the live chart below, you can also compare Carnival shares’ current value to other stocks. This can help you to identify potential investment opportunities and make informed decisions about your portfolio.
About Carnival
Carnival Corporation & PLC is a multinational cruise company that operates a fleet of over 100 ships under several brand names, including Carnival Cruise Line, Princess Cruises, Holland America Line, and Cunard Line. The company was founded in 1972 as Carnival Cruise Line and has since expanded through various mergers and acquisitions to become the world’s largest leisure travel company.
With its headquarters in Miami, Florida, Carnival operates in various regions worldwide, including North America, Europe, Asia, and Australia. The company’s ships offer a range of services, including accommodation, dining, entertainment, and activities, making them a popular choice for families, couples, and solo travellers looking for a unique vacation experience.
In recent years, Carnival has also placed an increased focus on sustainable and responsible tourism, including reducing its environmental impact and supporting local communities in its port destinations. Such moves have increased the company’s revenue, thus attracting investors who see its growth potential. Carnival Corporation & PLC is a publicly traded company listed on the NYSE under the ticker symbol CCL.
FAQs
The cost of 100 shares of Carnival PLC depends on the stock’s current market price. At the time of writing, the price of one Carnival share was around £8.70. Therefore, to calculate the cost of 100 shares, simply multiply the price per share by 100. You can get the accurate share value of CCL from the live chart we’ve shared above.
No. It is challenging to acquire the shares of Carnival directly from the company. The most effective and efficient way to buy Carnival stock is through a brokerage account. We list above our top three stock brokers you can consider based on your investment needs.
Yes. Although we believe it is a good time to buy the shares of Carnival, the decision to do so should be based on your investment goals and risk tolerance. The current market conditions and financial performance of the company can also influence your decision. Overall, we advise you to conduct a thorough market analysis and research the company’s fundamentals before making an investment decision. You may also want to consider seeking advice from a financial advisor to help you make an informed decision.
Yes. Based on our professional analysis, Carnival PLC stock is a good buy in 2023. The company continues to take measures to remain a leading service provider in the tourism and travel industry, thus giving it an increased growth potential. As an investor, we advise you to conduct your research on the company to ensure you are making the best decision. Also, find a reliable and credible stock broker like the ones we recommend above.
Conclusion
Carnival Corporation PLC has been making steady growth over the past decades and continues to attract investors across global regions. Like any other company, CCL has experienced its highs and lows, and it is crucial to conduct a thorough analysis of the company before making a final investment decision. If you are a beginner, consider starting small since losses are inevitable in the stocks volatile market. You should take advantage of brokers’ demo accounts to practise stock investment and gauge your skill level before putting up your money in CCL shares.
25,000 hours of testing 70+ brokers. Our recommended broker is Plus500.
Our recommended broker is Plus500.