![]() If you attempt to buy shares outside these times you will likely have to put in a limit order. If you have purchased your shares when the market is open, the ASX is open Monday-Friday 10m-4pm (Sydney time), the shares should be able to automatically purchase the shares at market price. Keep in mind you will need enough funds in your brokerage account to buy the shares and cover the brokerage fees. Log into your investment platform, select the shares that you wish to buy and, either how many shares you’d like or the amount you wish to spend. If you are pushing ahead and ready to purchase Zip shares it should be fairly straightforward. So, another safety measure you can take is to only invest what you can comfortably afford to lose. Even if you thoroughly analyse a stock and attempt to buy when prices are low, you still might make a loss. Nothing is ever guaranteed, especially on the stock market. You may not be able to tell which direction a stock may go, but by looking at some historical data you may get an idea of whether a stock is currently trading low or high. Timing the market is notoriously difficult, but one thing to keep in mind is the mantra: ‘buy low, sell high’. There are a number of ways to analyse a stock, but a good place to start is to have a clear idea of what the company does, how they make money, how they intend to grow the company and what their current financial position is. It is always a good idea to seriously consider a company before investing in it. When your account is set up you will need to transfer some money into your brokerage account so you can buy Zip shares. Typically you will need at least two forms of identification and a bank account to link your brokerage account with. Once you have decided on a platform you can open your account. Consider your level of experience investing, the fees involved and the features the platforms offer. There are many platforms to choose from so it is best to shop around and find one that suits your needs. Compare share trading platformsīefore you can buy Zip shares you will need an online share trading platform. ![]() The company also has credit solutions for businesses. In Australia, Zip is available at a number of popular stores including: Kmart, Target, Amazon and Bunnings. Zip Pay can be used for transactions between $350-$1000, and Zip Money can be used for transactions above $1000. Zip provides a line of credit that is largely interest free, and with flexible repayments options.įor everyday consumers, Zip has two options: Zip Pay and Zip Money. The company operates across 14 international markets and has 7.3 million customers. Zip is an Australian buy now, pay later (BNPL) company that was established in 2013. Interested in buying Zip Co (Z1P) shares, but not sure where to start? We take you step-by-step through the process of owning Zip shares.
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