Trade Diageo Shares – Our Best 3 Platforms Picks To Buy & Sell 2021
Trade Diageo 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).
Diageo (DGE.)
Diageo is a leading force in the global alcoholic drinks industry with brands such as Guinness, Johnnie Walker, Baileys, Smirnoff and Captain Morgan.
With a market cap of £69.7bn the company has a global reach within North America accounting for 35% of net sales.
Scotch is Diageo’s number one seller with £1 in £4 of revenue coming from its whiskey stable.
The business has a strong dividend growth record stretching back to the 1990s. The Company is also planning to return cash to shareholders over the next 2 years through company buybacks.
According to Hargreaves Lansdown: “With a world class stable of brands and exposure to emerging markets, the group has some enviable advantages. It’s well positioned to benefit from a smooth recovery if the vaccine rollout is as successful as hoped.”
Trading or investing in Diageo – What is the difference?
Trading Diageo:
“If you are looking to trade the FTSE to make short term profits you can use products such as CFDs and spread bets to speculate on Diageo’s share price increasing or decreasing without having to take direct ownership of the shares themselves”.
CFDs (Contracts For Difference) and spread betting are leveraged products, which means you can gain full exposure to the FTSE 100 through a stock 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 shares 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).
Investing in Diageo:
As an investor you will be looking to invest in Diageo in the hope that over time the Company grows & generate good profits.
As an investor you are typically investing for the longer term e.g. 5 years or more is normal.
When you buy shares you become a part owner of Diageo and gain shareholder rights including any income that is paid as dividends.
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.
How To Buy Diageo Shares
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- Select a share platform – See below our top 3 platform picks
- 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 Diageo using the stock code – Type in the stock code DGE into the search box
- Check out the latest info and price Diageo shares – Some platforms offer free research and analysis
- Buy Diageo – Nice and easy!
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Our view: The next generation of online trading platform means you can buy Diageo in as little as 10 minutes! See our top picks for buying shares below:
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Important Risk Information:
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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