How To Buy Walmart Stock – Best Trading Apps 2021

Written by Sam Hodgson
Last updated: 20th November 2021

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

Share Trading Apps Comparison

Trading Platforms:Features:*Go To Site:
dEGIRO sHARE dEALINGDEGIRO 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 »
ii Share DealingInteractive Investor are the UK's #1 flat fee platform. Over 350,000 customers.

Capital at risk.

See Deal »
AJ Bell SharedealingAJ Bell offers overseas trading in 24 international markets.

Capital at risk.

See Deal »
IGIG 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 Bank 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 »
HL Share DealingHargreaves 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).

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

How to buy Walmart stock

Our view:  The next generation of online trading platform means you can get setup & buy Walmart 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 share using the Walmart stock code – Type in the WMT 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!

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 Walmart’s share 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 stocks 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 Walmart stocks

Looking to take a longer term position in Walmart stocks?

Share dealing services enables you to invest in company stocks with a view to selling them for a profit at a later date. When you buy shares in Walmart 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 stock 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 Walmart 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 Walmart 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 shares & 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 Walmart

Walmart are an American retail company operating a vast network of department stores across the US and in over 20 other countries across the world.  

As of October 2021, Walmart has over 10,000 stores worldwide with roughly 50% of these located in the USA. The company is also recorded as the largest employer in the world, with over 2 million current employees. It is also listed as the largest company in the world by revenue. 

Originally founded in 1962 by Sam Walton, Walmart listed on the New York Stock Exchange in 1972 and experienced huge growth throughout the late decades of the twentieth century, and carried this progress through into the 2000s.  

Today, the Walmart’s market capitalisation is over $350 billion with over $2.5 billion stocks in issue, and it is widely regarded as a household name for retail shopping in the United States.  

Walmart Trading News

Walmart published its Q3 earnings figures for 2021 on 16th November. 

While Walmart’s US trading has been consistently successful (and in 2019, 65% of its sales came through US operations), it has occasionally struggled to replicate this success overseas, with ventures in Germany, Japan and South Korea all failing in the past.  

Walmart’s International net sales were $23.6 billion in the latest financial quarter, representing a decrease of $5.9 billion, or 20.1%. 

The company no longer has any stores in Japan or the United Kingdom, but they have over 2,500 in Mexico, significant amounts in other South American countries, and many locations in Africa and China.

Their Q3 financials also detailed that their total revenue was $140.5 billion, up 4.3%, and their eCommerce sales grew 8% for the quarter, which were promising results for the company.

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.