BioNTech is a publicly traded German pharmaceutical company listed on the NASDAQ exchange under the ticker BNTX. Its popularity rose even higher when it partnered with Pfizer to develop the mRNA COVID-19 vaccine. Today, BioNTech’s rising stock prices offer opportunities for investors looking for ways to be part of the company.
If you have been looking for a simple way to invest in BioNTech stocks, our complete guide below will give you a clear insight. Plus, you will meet the best brokers for investing in BioNTech stocks so you can kickstart your investment venture on a good note.
In this guide
Top 3 Brokers for Investing in BioNTech Stocks
As mentioned earlier, BioNTech stocks are listed on the NASDAQ exchange under the ticker BNTX. Therefore, to access and buy them, you need a stock broker with access to the exchange. For investors looking to take short-term positions on the company stocks, ensure the broker you select allows derivatives trading such as CFDs and indices. Most importantly, ensure the broker meets your investment needs for the best experience.
That being said, here are our top three picks based on thorough market research and analysis.
1. eToro
eToro is one of the most popular stock brokers in the UK and globally. Its excellent reputation results from its superior features that maximize user experience. For example, many users highly rank eToro’s social and copy trading platforms since they have been able to meet other investors to socialise and share investment ideas. Moreover, eToro has a low minimum deposit of $100 and doesn’t charge commissions for stock investments. However, you will pay spreads, which are also low than the industry’s average.
eToro has access to the NASDAQ exchange, meaning you can use it to buy BioNTech stocks. You can also use it to trade the shares as CFDs or indices if you are skeptical about taking a long-term position. On top of that, the broker lists additional assets for portfolio diversification, including cryptocurrencies, commodities, forex, etc.
✔Low minimum to fund an account and begin investing
2. IG Markets
IG Markets is one of the pioneer brokers highly rated and regulated in the UK. It is a go-to platform for traders looking to invest in BNTX shares as CFDs or indices since it doesn’t allow purchasing of BioNTech physical stocks. Unfortunately, it has a minimum deposit of £300 and charges high trading fees (spreads). This might inconvenience low-budget traders, so ensure you confirm all fees before making an investment.
One thing we like about IG Markets is its ability to host quality trading resources for advanced CFD traders. For instance, you will have access to various platforms, including MT4, ProRealTime, and the L-2 Dealer, that provide direct access to NASDAQ’s order books. It has an IG Academy platform that hosts a plethora of learning materials to improve your skill level. Regarding research sources, IG Markets also has a wide selection for effective strategy development.
✔ Leading broker with low fees
3. CMC Markets
CMC Markets allows you to spread bet or trade CFDs on BNTX shares commission-free. No minimum deposit is required with CMC Markets, meaning you can trade BioNTech shares with any amount you can afford. Additionally, CMC Markets hosts excellent research and educational materials on its Next Generation and MT4 platforms to improve your trading experience. Like IG Markets, this broker has been serving users in the financial industry for decades, making it one of the most trustworthy brokers.
Other than the BNTX shares, CMC Markets hosts additional 8,000+ shares. You can also trade and diversify your portfolio with other assets its hosts, including forex, indices, commodities, ETFs, cryptocurrencies, and more. Unfortunately, CMC Markets does not allow you to buy and own BNTX shares since it doesn’t have access to the NASDAQ exchange.
✔ Great selection of assets
How to Buy BioNTech Stocks With eToro
If you have been investing in the financial market, you probably know that finding the best stock broker to invest with is an uphill climb. Therefore, feel free to choose any broker from our recommendations above to avoid lengthy research procedures. Remember to consider your needs when selecting so that you can find the best one for you.
Keep in mind that all FCA-regulated brokers with access to the NASDAQ exchange have the same procedures for buying BioNTech stocks. Below, we help you understand how to buy BTNX stocks with eToro as an example.
You need to access eToro’s website, whether through a desktop or mobile device, since the broker has a mobile app that you can easily download from Google Play or the App Store. On this page, you will find links that will easily redirect you to eToro’s website, where you will sign up for a trading account. Before you begin the account registration process, ensure you read and accept eToro’s terms and conditions to avoid future inconveniences once you have already made a commitment.
The procedure for creating an account at eToro is pretty straightforward and will probably take a few minutes to complete. You will start by providing your personal information, including name, phone number, email, physical address, source of income, date of birth, etc. Most importantly, you will create a username to use every time you log in to your investment account.
Since eToro allows margin trading, it offers a basic test to determine your leverage limit. This is also one way of protecting you, thus reducing the potential risks that come with margin trading. Additionally, you will fill out a questionnaire to determine the best trading package for you.
To guarantee all traders’ account protection, eToro will require you to verify your identity and residential area. This is a standard procedure for all FCA-regulated brokers and keeps away traders with fake identities. In this regard, you will upload an original copy of your identity card or passport. You will also share a recent utility bill or bank statement to verify your location or jurisdiction area.
Keep in mind that verification can take up to three days, and eToro will send you an email once your trading account is fully activated.
Once your account is fully activated, you will be free to make a deposit and buy the BNTX shares. eToro requires a minimum deposit of $100 to access the NASDAQ exchange, where the company’s shares are listed. Remember, always confirm whether you can afford a broker before beginning the account registration process.
eToro will confirm your deposit and automatically redirect you to the NASDAQ exchange for you to buy BioNTech stock. Select the right amount of shares you can afford to buy and stick to your budget. With eToro, you can also trade the shares as CFDs or indices, whereby several stocks are combined in one investment. All in all, your choice should be based on how well you understand a trading method and the risks involved.
Tips on How to Choose the Best Stock Broker to Invest in BioNTech Stocks
Many brokers claim to offer investment services to individuals looking to buy shares in the BioNTech company. However, how do you identify the best among the pool of stock brokers? Note that the best stock broker for buying BNTX stock must fit all your investment requirements. So while researching for one, consider the elements we list below to find the best.
Any broker that guarantees the security of your trading funds is worth considering in the UK. Remember that some brokers are scammers, so ensure you only settle for the one regulated by the Financial Conduct Authority (FCA). Not only do such brokers keep your trading funds safe in a segregated account, but they also offer the best trading conditions to ensure you have the best experience.
For starters, the best stock broker for buying shares in BioNTech should provide access to the NASDAQ exchange where the shares are listed. If the broker does not allow purchasing of BioNTech stock as a physical asset, it should at least let you trade the shares as derivatives. You can also consider brokers with additional trading assets like forex, commodities, ETFs, and more to diversify your trading portfolio and mitigate the risks of incurring massive losses.
Stock brokers in the UK have varying trading and non-trading charges, and selecting the one you can afford is crucial. In this regard, compare brokers’ fees before deciding which investment option would be right for you. Look at margin rates and other charges like commissions and spreads to see how much the investment will cost you. Also, make sure there are no hidden fees and do not forget to confirm non-trading charges such as minimum deposit requirements and transaction charges.
Finding a stock broker that will maximize your experience can increase your potential to succeed in your BioNTech stock investments. Therefore, ensure a broker you select has a fast trade executing platform that is also user-friendly. In addition, the platform should support you with adequate tools that will be valuable in strategy development. Most importantly, there should be a demo account in case you want to test how a broker works or want to practise share trading before moving into the real market.
Generally, trading is challenging, and you need a broker that offers support, especially when you encounter trading issues and need help resolving them. The best way a broker can show support is by hosting a responsive customer service that offers relevant solutions when contacted. However, you must ensure they are reachable during flexible hours and days since some operate 24/7 while others are only available five days a week.
The best BioNTech stock broker should have an excellent reputation in the stocks investment community. Read through customer reviews to see if other investors are satisfied with the brokers’ services. Look for comments about the ease of use, level of security and overall satisfaction when choosing an investment firm. To sample user reviews and comments, feel free to visit Google Play, the App Store, and Trustpilot.
BioNTech Stock Price Today
BioNTech stock price keeps on fluctuating based on the market conditions, thus making it challenging for investors to get its accurate value. Fortunately, we have prepared a live chart below indicating the accurate BNTX share price to help you track the performance of the asset. The chart also lists additional data, such as historical information, that can be of importance when developing an investment strategy.
About BioNTech
Founded in 2008 by Ugur Sahin, Ozlem Tureci, and Christoph Huber, BioNTech is a pharmaceutical company headquartered in Mainz, Germany. Initially, the company was started with the main focus on creating individualised vaccines, cancer immunotherapies, and protein replacement therapies. Simply put, BioNTech exploits various computational discoveries and therapeutic drug platforms to develop novel pharmaceuticals.
Note that BioNTech has collaborated with multiple companies to develop vaccines for various infectious diseases in its oncology pipeline. One of its biggest collaborations was with Pfizer in 2018, which boosted its popularity, especially after successfully developing the mRNA COVID-19 vaccine. BioNTech aspires to be the best pharmaceutical company for individualised cancer treatment globally.
Investors looking to buy BioNTech stock can easily do so via stock brokers with access to the NASDAQ exchange, where it is listed under the ticker BNTX. It is an excellent investment security since it has shown growth potential. Simply ensure you conduct further research on the company to rule out any doubts before making an investment.
FAQs
Yes. You can easily invest in BioNTech stocks in the UK using a credible stock broker with access to the NASDAQ exchange, where the asset is listed under the symbol BNTX. Keep in mind that many stock brokers in the UK have access to the NASDAQ exchange, and selecting the one meeting your investment needs is crucial for the best experience.
Although BNTX shares price has been fluctuating throughout the years, many expert financial analysts predict that it could rise to the average price of around £200 in 2023 with a high estimate of around £300. This means that investing in it now could pay off in the long run.
BNTX stock’s value has been rising since it partnered with Pfizer to develop a COVID-19 vaccine. With many analysts predicting that its value will keep increasing, we believe it is a good stock to buy now that its value is still low. However, ensure you invest in it using a suitable and reliable stock broker like the ones we recommend in our mini reviews above.
Yes. One of the benefits of investing in BioNTech stocks is that you get to earn dividends as a shareholder. According to information on its website, all shareholders are entitled to a dividend payment of £2 per ordinary share.
Conclusion
Although BioNTech stock seems to have growth potential, conducting your due diligence before investing is crucial. This is because the stock market is unpredictable, and any company can witness its share value fall at any time. Overall, if you are a beginner, start investing with small amounts you are comfortable losing, and consider diversifying your portfolio to curtail massive losses. Also, find the best stock broker featuring all the elements that will maximize your experience. Your main focus should be on managing your investment, and this can only be possible with a credible and reliable stock broker.
25,000 hours of testing 70+ brokers. Our recommended broker is Plus500.
Our recommended broker is Plus500.