Best Trading Platform To Buy Moderna Shares
Trade Moderna with a low cost trading app whether you are a beginner or an expert
Share Trading Apps Comparison
| Trading Platforms: | Features:* | Go To Site: |
 | DEGIRO are one of largest and cheapest brokers in Europe. Access to over 50 markets in 30 countries. Low commissions/fees. User-friendly, simple platform. Investing involves risk of loss. | See Deal » |
 | Interactive Investor are the UK's #1 flat fee platform. Over 350,000 customers. Capital at risk. | See Deal » |
 | AJ Bell offers overseas trading in 24 international markets. Capital at risk. | See Deal » |
 | IG Trade & invest with the world's leading online trading provider.** Trade over 17,000 markets with spread bets and CFDs and invest in thousands of global shares & ETFs. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. Capital at risk. | See Deal » |
 | SAXO Access over 30,000+ stocks across 60+ exchanges worldwide. Ultra competitive pricing. Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools. Investing involves risk of loss. | See Deal » |
 | Hargreaves Lansdown The UK's #1 broker. Price improvement service helps you get the best price for your shares. Capital at risk. | See Deal » |
*Please note that additional fees may be applied by platform/App providers for their services. ** No 1 For CFDs and spread betting, based on revenue excluding FX (published financial statements, October 2021).
Looking to buy Moderna shares… then a trading platform is a great way to do this.
What the right platform is for you will depend on your requirements.
- Why use a trading platform to buy Moderna shares?
- How do you pick a trading platform?
- How do you buy Moderna shares using a platform?
How do you buy Moderna shares using a trading platform
Our view: The next generation of online trading platform means you can get setup & buy Moderna shares in as little as 10 minutes!
- Select a share platform
- Open your share account – To do this you will need your bank details and national insurance number
- Fund your account – You will need to fund your a/c with a debit or credit card or bank transfer
- Search for the share using the Moderna stock code – Type in the stock code MRNA into the search box
- Check out the latest info and price for Moderna – Some platforms offer free research and analysis
- Buy Moderna shares – Nice and easy!
Why use a trading platform to buy Moderna shares?
You don’t have to buy Moderna shares using a trading platform.
You could go down the old-school route using a stock broker directly to buy for you.
This can involve lots of paperwork and waiting for the postman to send you paper statements which for some people may be perfectly adequate.
Your preference may be to deal with a real person to make things happen – whilst this can work it can be slow and cumbersome and potentially more expensive.
The good news is that with advances in technology, investors now have significant choice when buying shares abroad.
Benefits of using a trading platform include:
- Lower trading costs
- Easy access to the North American & global market
- 24/7 access to your investments
- You can hold all your tax efficient investments such as ISAs and SIPPs in one place: including lifetime ISAs, right to buy ISAs and junior ISAs
- Plus any other fund holdings or shares that you’re trading outside of a tax-free environment from a general trading account
How do you pick a trading platform?
Trading platform services offered vary widely, and so do the costs.
5 things to think about:
1. Do you just want to invest or trade Moderna shares?
There is a difference.
You can buy Moderna shares in two ways:
- Share dealing
- Derivatives trading.
With share dealing you invest in the underlying shares & you take direct ownership of them and can benefit from price increases or from any dividend payments made by Moderna.
With derivatives trading you can use products such as CFDs and spread bets to speculate on Moderna’s share price increasing or decreasing without having to take direct ownership of the shares themselves.
2. Do you want to do a lot of trading?
Active investors will want to look for a platform that offers the lowest fees for volume trades.
If you are going to trade Moderna stock regularly most share trading platforms will offer lower trading prices based on volume.
3. Types of trading account offered
Some trading platforms offer as well as general trading accounts, ISA accounts and Self Invested Personal Pension Accounts which offer tax free trading benefits (no tax on dividends or capital gains tax on realised profit).
Trader accounts which offer ISA and SIPP accounts include Interactive Investor, AJ Bell, Hargreaves Lansdown
4. Do you want to trade just in shares, funds, or shares & funds?
Some platforms don’t offer collective funds.
If you also interested in investing or trading in funds then this again may determine who you go with.
If you are interested in ETFs, Investment Trusts, Open Ended Investment Companies (OEICs) or Unit Trusts then you will need to check with the platform provider what is available. E.g. Some platforms only offer a limited number of collectives such as OEICs.
Charging structured for funds held on the platform will vary. Over time the impact of such charges can be significant. Check the platform charging structure carefully.
5. How easy to use is this trading platform: what kind of tools and customer service does it offer?
How easy is the platform to use to buy and sell shares?
Platform functionality is becoming the key battleground in persuading traders which platform to go for. Mobile app features are also key in offering traders alerts and buy/sell signals whilst on the move.
These are often the criteria that count most highly with users, so do some research and read the reviews.
Many investors are prepared to pay a bit more in fees for a platform that offers really useful apps and services.
Some platforms such as eToro offer customers the option of copying trades of successful traders. This can be an attractive option for new traders where you don’t have to decide when to buy or sell. For more info on what is copy trading and how does it work click here.
Other Trading Platforms To Consider buying Moderna
You can also review what other platforms have to offer below to UK traders.
Good to know: There is no charge to set up or transfer a share dealing account and no charge to pay money into the account. You can deal from as little as £1.50, and you will never pay more than £5.00 per online deal. Voted ‘Best Execution Only Broker 2020’ by ADVFN International Financial Awards. Capital at risk.
Trade From
£5.95
Features
UK's No1 broker. Trusted by over 1 million investors.
Platform Fees
No fees for share dealing
Good to know: Online trading charges based on previous month’s activity. 20+ trades made in previous month is £5.95 a trade. 10-19 trades are £8.95 a trade. Less than 10 trades it’s £11.95. Get Access to live prices. Easy set up – Buy & sell shares in minutes! Capital at risk.
Good to know: Online trading charges based on previous month’s activity. 20+ trades made in previous month is £5.95 a trade. 10-19 trades are £8.95 a trade. Less than 10 trades it’s £11.95. Get Access to live prices. Easy set up – Buy & sell shares in minutes! Capital at risk.
A brief history of Moderna:
Moderna was founded in 2010 and is a US pharmaceutical and biotech company which specializes in drug discovery (most notably a COVID-19 vaccine), drug development and vaccine technology. In 2018 the Company rebranded as Modern Inc & floated on NASDAQ with an initial valuation of $7.5 billion. At the end of 2020 the Company was valued at $60 billion.
IMPORTANT:
No news, feature article or comment should be seen as a personal recommendation to invest. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular plan. If you are at all unsure of the suitability of a particular product, both in respect of its objectives and its risk profile, you should seek independent financial advice.
The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 67%-70% of retail investor accounts lose money when trading CFDs. 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. Professional clients can lose more than they deposit. All trading involves risk.
Tax treatment of ISAs depends on your individual circumstances and is based on current law which may be subject to change in the future. ISA transfer charges may apply, please check with your provider.
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