Estee Lauder Companies Inc is an American multinational cosmetic company that has been providing top-quality beauty products for over 75 years. With a strong reputation and a long-standing history of success, it’s no surprise that many investors are interested in learning how to buy Estee Lauder shares.
If you are one of the investors looking to be part of Estee Lauder, this guide will provide you with all the information you need about buying the company’s shares. You will also meet the best stock brokers to invest with and understand the steps involved in making the purchase.
In this guide
Top 3 Brokers for Buying Estee Lauder Shares
If you are looking to invest in Estee Lauder shares, you need to identify a reputable broker with access to the NYSE, where the shares are listed under the symbol EL. Unfortunately, hundreds of stock brokers in the UK allow EL investment, leaving traders confused about choosing the best option. This is where we come in to conduct extensive market research on your behalf so you do not have to.
Note that our professional researchers ensure that the brokers we recommend meet specific standards so you can only have the best to choose from. By conducting multiple tests and comparisons, we are confident that the brokers below will guarantee your funds’ security and exciting trading experience.
1. eToro
eToro is a popular broker that allows investors to easily buy Estee Lauder shares. The broker is highly regulated and has millions of users globally, making it a trustworthy platform to invest in. You can purchase Estee Lauder shares by registering an account and depositing a minimum of $100, which is considered among the lowest in the industry.
Besides buying EL stocks, eToro allows investors to trade the asset as CFDs or indices. This makes the broker flexible since you can opt to explore the stocks of Estee Lauder without taking ownership of the underlying asset. The broker also provides a social trading platform that allows users to connect with other traders and learn various trading ideas. With eToro, you will enjoy commission-free EL stock investment, plenty of learning resources, and a demo account to gauge your skill level.
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
- Low minimum deposit requirement
- Commission-free for real stocks investment
- Social trading platform
- Demo account available
- Withdrawal charges apply
- High Estee Lauder share trading spreads
2. FP Markets
FP Markets is another reputable broker that allows investors to explore Estee Lauder shares. Unfortunately, this broker only allows you to trade EL shares as CFDs or indices. You cannot use it to purchase the asset and take full ownership. The good news is that users will enjoy a user-friendly and easily navigable platform, making it an ideal choice for new investors. In addition, the broker lists additional global shares and other assets, including forex, commodities, and more, for portfolio diversification.
Besides being an excellent stock broker for newbies, expert traders will also have fun trading with FP Markets. The broker provides advanced trading tools for Estee Lauder stock analysis and superior platforms, including the Iress, cTrader, MT4 and MT5. You will also enjoy low trading fees, fast trade executions, and excellent customer support.
✔Accounts can be opened fast and easy
- User-friendly platform
- Advanced trading tools
- Low trading fees
- Fast trade executions
- No well-detailed price plan
- Users can only trade the shares of Estee Lauder as CFDs or indices
3. CMC Markets
CMC Markets is a global spread betting and CFD broker listing over 8,000 shares to explore. This makes it easier for EL stock traders to diversify their portfolios with familiar assets. Although the broker does not have access to the NYSE where EL stock’s purchases are made, using it to trade allows you to explore one of the most secure and highly encrypted platforms. Moreover, you get to benefit from plenty of research and learning resources, which contributes highly to a trade’s success.
CMC Markets doesn’t have a minimum deposit requirement, and all transactions are free. It is also one of the low-cost stock brokers in the UK when it comes to spreads. With this in mind, we primarily recommend the broker to active and low-budget traders since you can start trading EL shares with as little as £10. Remember, CMC Markets has a demo account to test it with, and it’s also compatible with desktop and mobile devices.
✔ Great selection of assets
- No minimum deposit requirement
- Demo account available
- Quality trading resources
- Fast trade executions
- EL shares are available to trade as CFDs, indices, and spread betting. No buying and taking ownership of the asset
- Support service is available five days a week
How to Buy Estee Lauder Shares With eToro
Our recommended three stock brokers above will help you kickstart your EL shares investment ventures on a good note. As FCA-regulated brokers, they provide safe and secure platforms for buying and trading Estee Lauder stocks. So, how do you buy EL shares using such brokers? Here are the proper procedures to note using eToro as an example.
To get started, visit eToro’s website* and register for an investment account. You will be asked to provide some personal details, including your name, phone number, email address, age, and more. You will also need to create a username and password for your account’s security.
Before creating an account with eToro or any other FCA-regulated stock broker, it is crucial to understand the broker’s terms and conditions. You should also download its trading app on Google Play or the App Store to easily manage your positions on the go.
*{etoroCFDrisk}% of retail CFD accounts lose money.
eToro takes account security seriously, so you’ll need to verify your personal details before you can start investing in Estee Lauder stocks. This includes uploading a copy of your passport or another form of officially issued photo ID and proof of your address in the form of a utility bill or bank statement dated within the last three months. eToro will also ask you to complete a questionnaire to determine the best investment package for your skill level.
Once your account is set up and verified, you will need to make an initial deposit to start trading. eToro supports multiple payment methods, including debit cards, e-wallets, and bank transfers. The minimum deposit for UK investors is $100, and there are no deposit fees.*
*A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Before you start investing real money, it is essential to understand how eToro’s platform works. Fortunately, the broker provides a demo account that you can use to practice trading and get a feel for the platform. Once you’re comfortable with the platform, you can switch to a real account and start investing real money in the shares of EL.
Now that you are set up and familiar with the platform, you are ready to buy Estee Lauder shares. Simply search for the Estee Lauder symbol EL and select the number of shares you want to buy. eToro also allows you to trade Estee Lauder as a CFD or index, depending on your preference. Be sure to select the order type that best suits your trading strategy, and you’re all set. Most importantly, track your active trades to ensure things work out as planned.
Tips on How to Choose the Best Stock Broker to Buy Estee Lauder Shares
Investing in Estee Lauder stock can be a great way to grow your wealth, but finding the right stock broker is crucial to your success. You need a broker that meets your investment needs, offers a safe trading environment, and provides excellent customer support. Below are some of the significant elements to consider when choosing the best stock broker for your investment goals.
The first thing you should look for in a stock broker is their regulatory compliance. Ensure the broker is licensed and regulated by reputable authorities like the Financial Conduct Authority (FCA). This ensures that your investment is protected from fraud and that you have legal options in case of any issues.
A good stock broker should provide you with access to various investment options, including stocks, bonds, forex, and more. This makes it easier for you to diversify your portfolio and reduce the risks associated with investing in a single asset class. Therefore, when choosing a broker to buy Estee Lauder stock, ensure they also offer additional securities to invest in.
The platform provided by the broker you select should be user-friendly, reliable, and accessible via mobile and desktop devices. The platform should also offer research and educational materials that can help you make informed investment decisions. A demo account is an added advantage since it allows you to test the platform’s functionality before making actual investments.
Stock brokers make money by charging commissions or fees on your trades. It is important to understand the charges and requirements of a broker before committing to their service. Look for a broker with transparent and competitive fees that fit within your investment budget. To ensure all charges fit your budget, you must also confirm non-trading costs, including minimum deposit requirement, inactivity fee, transaction costs, and more.
Customer support is crucial when investing in the stock market. A broker with excellent customer support ensures that you can quickly resolve any issues that arise while investing. Therefore, look for brokers that offer support via multiple communication channels like phone, live chat, and email. Additionally, ensure that their support service availability aligns with your investment schedule.
Finally, you should research the broker’s reputation by reading reviews and testimonials from other users. Legit platforms like Google Play, App Store, and Trustpilot are good sources of unbiased reviews. Analysing other users’ experiences will give you a clear picture of what to expect when you sign up with a particular stock broker.
Estee Lauder Shares Price Today
Estee Lauder is a reputable global company in the beauty industry, providing skincare, makeup, fragrance, and hair care products. It is a publicly-traded company whose stocks are traded under the ticker EL via brokers with access to the New York Stock Exchange. As an investor in Estee Lauder, it is crucial to monitor the stock’s price movements to identify the best entry and exit points.
Fortunately, we have prepared a live chart below that shows the current Estee Lauder share price, updated in real-time. You can also use the chart to track the stock’s historical value and identify trends in the market. By analysing past performance, you can make more accurate predictions about the stock’s future price movements.
About Estee Lauder Companies Inc.
Estee Lauder Companies Inc. is a global leader in the beauty industry, providing high-quality skincare, makeup, fragrance, and hair care products. The company was founded in 1946 by Estee Lauder and her husband, Joseph Lauder, in New York City. Over the years, Estee Lauder has built a portfolio of some of the world’s most iconic brands, including MAC, Clinique, Bobbi Brown, and La Mer, to name a few. With a presence in over 150 countries, this company has established itself as a household name and a trusted source of beauty products for millions of customers worldwide.
Estee Lauder is also committed to sustainability and social responsibility. The company has implemented numerous initiatives aimed at reducing its environmental impact, such as reducing greenhouse gas emissions and promoting sustainable packaging. Furthermore, Estee Lauder has taken steps to promote diversity and inclusion in its workforce, with a focus on promoting gender equality and supporting minority groups. As a result of its dedication to sustainability and social responsibility, the company has earned numerous awards and accolades from industry experts and consumers alike.
FAQs
Buying shares directly from a company is challenging since plenty of procedures are involved, some of which are complicated. Besides, not all companies allow direct purchases, commonly known as Direct Stock Purchase Plans (DSPP). You can efficiently make a purchase via a reputable stock broker like the ones we recommend above.
Yes. Estee Lauder has been a stable and successful company with a strong brand and solid financial position for many years. As a result, many analysts consider Estee Lauder to be a good long-term investment. As an investor, you still need to conduct extensive Estee Lauder stock analysis to ensure you are making the right investment decision.
As of April 2023, Estee Lauder Companies Inc. had approximately 357 million shares outstanding.
Yes. Estee Lauder has had two stock splits throughout its history. The most recent stock split occurred in 2012 when the company announced a 2-for-1 split.
Conclusion
Investing in Estee Lauder shares can be a great opportunity for investors looking to be part of a company with a strong reputation and promising future growth potential. As discussed in this guide above, you need the best stock broker to effectively make your purchase while enjoying your experience. However, before making any investment decisions, conduct thorough research on the company’s financial performance, market trends, and potential risks. With careful planning and strategic decision-making, investing in EL shares can be a rewarding long-term investment.
25,000 hours of testing 70+ brokers. Our recommended broker is Plus500.
Our recommended broker is Plus500.