How To Buy Oracle Stock – Best Trading Apps 2022

Written by Sam Hodgson
Last updated: 18th December 2021

Looking for a stock trading app to trade Oracle that ticks all your boxes?

What the right stock trading platform is for you will depend on your requirements.

• Oracle trading news
• How to buy Oracle stocks
• How to select a stock trading platform?

Who are Oracle? 

Oracle are an American global technology company headquartered in Texas, US.

The company’s primary focus is on the development and sales of database software, cloud computing systems, and other computer software products.

They frequently rank within the top 3 largest software companies in the world by sales in USD.

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 »

Oracle Trading News

On 9th December 2021, Oracle released their second quarter’s results for their 2022 trading year.

Upon announcement of the results, Oracle’s share price rose 15% the following day of trading, which reflects the market’s positive view of the company’s financial records.

Here are some of the key financial highlights:

• Total quarterly revenue increase of 6% to $10.4 billion
• Total Cloud Revenue increase of 22% to $2.7 billion
• Fusion ERP cloud revenue up 35%, NetSuite ERP cloud revenue up 29%

Oracle CEO, Safra Catz said of the results: “These strong results are being driven by the 22% growth of our infrastructure and applications cloud businesses which are approaching $11 billion in annualized revenue”.

We break down their recent trading news in more detail later on, here.

How to buy Oracle stock

Our view:  The next generation of online trading platform means you can get setup & buy Oracle stock in as little as 5 minutes!

1. Select a stock platform – See our top platform picks
2. Open your stock account – To do this you will need your bank details and national insurance number
3. Fund your account – You will need to fund your a/c with a debit or credit card or bank transfer
4. Search for the stock using the Oracle stock code – Type in the ORCL stock code into the search box
5. Check out the latest info and price for the selected stock – Some platforms offer free research and analysis
6. Buy the stock – Nice and easy!

Oracle Trading News Continued

The directors also announced a quarterly dividend of $0.32 per shareholding. The dividend will be paid to all stockholders as of the close of business on 7th January, and the payment date will be 19th January. The dividend payment represents roughly a 0.3% value of the current share price.

The nature of Oracle’s cloud database systems and software products lends itself well to a post-pandemic economy. Companies around the world have become more reliant on technology throughout periods of national lockdowns and border restrictions, and Oracle is well-positioned to grow its customer base in this new market.

This is reflected by the company’s share value throughout the course of the pandemic. While many large businesses experienced an initial slump in March 2020, Oracle’s drop in value was less significant, and today its stock has almost doubled in value since the initial outbreak.

Oracle’s market capitalisation is now valued at over $275 billion.

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 Oracle’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 Oracle shares

Looking to take a longer term position in Oracle 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 Oracle 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 Oracle 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 Oracle 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 Oracle

Company History

Engineers Larry Ellison, Bob Miner and Ed Oates originally co-founded Oracle Corporation in 1977 under the name Software Development Laboratories in California, with their first office space being just 900 square-foot.

Their flagship product, Oracle Database, was a database software intended to compete with that of IBM’s.

• In 1982, the company was renamed Oracle Corporation to reflect the success of its key software.
• By 1986, Oracle had become a publicly-traded company after completing an IPO and listing on the NASDAQ exchange, trading under stock symbol ORCL.
• And by 1987, the company was ranked as the world’s largest database management company with over $100 million in sales and 4,500 users in 55 different countries.
• In 1989, Oracle reached the S&P500 index and relocated to its large Redwood shores headquarters, where it would be based for over 30 years.
• By 2007, after 30 years of trading, Oracle earns a revenue of $18 billion, employs over 65,000 people and has customers in over 145 countries.
• In 2013, the company starts developing its cloud technology to utilise its database software.
• Today, Oracle’s cloud computing systems are used in physics analysis and biotech research by scientific researchers, and the company is actively helping governments and medical agencies across the world in understanding and fighting against the Covid-19 virus.