How To Buy Mastercard Stock – Best Trading Apps 2021
Looking for a stock trading app to trade Mastercard that ticks all your boxes?
What the right stock trading platform is for you will depend on your requirements.
Who are Mastercard?
Mastercard are an American technology company specialising in the global payments industry, specifically in the development and management of payment cards to facilitate financial transactions.
Mastercard are not a bank or credit union, so they do not provide credit or hold money for customers. Instead, they develop and maintain a range of debit and credit cards for other financial institutions, and their payment systems process millions of financial transactions every single day.
As of September 30, 2021, the Mastercard’s corporate customers had issued 2.9 billion Mastercard and Maestro (a sub-brand of Mastercard) cards to retail users across the world.
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).
Mastercard Trading News
Mastercard’s share price took a significant hit in March 2020 in response to the economic uncertainty caused by the global pandemic.
However, like most large US financial companies, the value of Mastercard recovered significantly throughout the rest of 2020, and today trades at a similar price to pre-pandemic levels.
On 28th October, Mastercard released its financial results for the third quarter of its 2021 trading year.
Mastercard’s 2021 Q3 Financial Highlights:
- Net income of $2.4 billion
- Net revenue of $5.0 billion (representing a 30% increase)
- Switched transactions growth of 25%
- Cross-border volume growth of 52%
- Gross dollar volume growth of 20%
We break down their recent trading news in more detail later on, here.
How to buy Mastercard stock
Our view: The next generation of online trading platform means you can get setup & buy Mastercard stock in as little as 5 minutes!
- Select a stock platform – See our top platform picks
- Open your stock 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 stock using the Mastercard stock code – Type in the MA stock code into the search box
- Check out the latest info and price for the selected stock – Some platforms offer free research and analysis
- Buy the stock – Nice and easy!
Mastercard Trading News Continued
With regard to dividends for shareholders, Mastercard purchased approximately 4.3 million shares in the quarter and paid $434 million as dividends to owners of Mastercard stock.
Mastercard CEO, Michael Miebach, cited the boost of global spending in response to the easing of national lockdowns and border restrictions as a significant factor for the company’s successful quarter.
He said of the results:
“We saw continued momentum across the business as we delivered strong revenue and earnings growth again this quarter. Our performance was driven by the execution of our strategy, healthy domestic spending and solid growth in cross-border spending which has recently returned to pre-pandemic levels”.
How to select a stock trading platform?
Trading platform services offered vary widely, and so do the costs.
5 things to think about:
1. How do you want to trade?
There are different ways to trade stocks online:
a. Short term trading – Spread betting & CFDs
Looking to take advantage of short term opportunities in the market?
With derivatives trading you can use products such as CFDs and spread bets to speculate on Mastercard’s stock price increasing or decreasing without having to take direct ownership of the stocks themselves.
CFDs (Contracts For Difference) and spread betting are leveraged products, which means you can gain full exposure to company shares while only putting down a small deposit. While this magnifies possible profits, it does the same for losses.
CFDs & spread bets are popular among short term traders as profits and losses are realised immediately – making it faster to open and close trades. However, this doesn’t mean you can’t use them for longer-term positions too. You’d just need to consider the costs involved in maintaining a position – such as overnight funding – and the bet duration as spread bets do have fixed terms.
They also enable you to buy and sell stocks online without ever owning the underlying asset. This has tax benefits and means you can trade both rising and falling markets (Tax laws are subject to change).
b. Long term trading – Investing in Mastercard shares
Looking to take a longer term position in Mastercard shares?
Share dealing services enables you to invest in company shares with a view to selling them for a profit at a later date. When you buy shares in Mastercard you become a part owner of that Company and gain shareholder rights including any income that is paid as dividends.
Different share dealing services have different charging structures. Some platforms offer commission free share dealing, but most operate on a fixed fee per trade with usually a reduction in this fee if you carry out more than a certain number of trades per month.
With profits you make on share trading capital gains and dividends earned may be subject to tax at your personal rate. Tax can be mitigated if you trade within an ISA or Self Invested Personal Pension account.
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 Mastercard stock regularly most trading platforms will offer lower trading prices based on volume.
3. 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 Mastercard shares for new traders/investors?
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.
4. Types of trading accounts for long term trading?
Some trading platforms offer as well as general share 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).
5. Do you want to trade just in shares, funds, or stocks & 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.
About Mastercard
Company History
Mastercard was initially founded in 1966 as Interbank Card Association with the ambition to compete with BankAmericard (which later became Visa) in the banking card market space. Only in 1979 did the company start using the name “Mastercard”, at which point they introduced their classic logo of two overlapping red and orange circles.
Throughout the late 20th century and into the 2000s, Mastercard continued to grow internationally, and put its stamp on the financial transaction industry – eventually changing its name to Mastercard Worldwide in 2006 to reflect its global presence.
At this time, the company also went public with an IPO which was completed in May of 2006. Mastercard trades on the New York Stock Exchange (NYSE) under the stock code MA.
A significant company development in 2014 was Mastercard’s partnership with Apple in the production of their mobile wallet feature, Apple Pay, which allows customers to use their bank and credit cards electronically via their mobile phone and has become hugely popular.
Throughout the 2010s, Mastercard completed several acquisitions and mergers including DataCash, a UK-based payment processing provider, Australian company Pinpoint, and Brighterion – a US company specialising in machine learning and AI technology.
Today, the company boasts a market capitalisation of over £300 billion, making it one of the most valuable financial services companies in the world.
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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