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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

75% of retail investor accounts lose money when trading CFDs with this provider.

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Skilling Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license No. 357/18

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Skilling (Seychelles) Ltd, is authorized and regulated by the Financial Services Authority (FSA) under license No. SD042

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Trade [[data.name]]

The most popular and up-and-rising shares.

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[[ data.ticker ]]

[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

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About

History

Differences

About

History

Differences

Canadian firm Shopify has become an e-commerce giant since its launch in 2006. It developed a string of proprietary e-commerce plugins and platforms, suitable for online shops and in-store point-of-sale systems too. As of July 2022, the company had grown into one of Canada’s 20 largest publicly listed firms by market capitalisation.
The premise of Shopify was to simplify the process of running an online business. It was soon made possible for entrepreneurs to view and manage their product inventory using the native Shopify mobile apps. By 2015, it had grown so much that Shopify filed for an IPO on the New York and Toronto Stock Exchanges.

The Shopify share price was initially listed at $28, significantly higher than its initial offering price of $17 per share. In 2021, its total revenues exceeded $4.6 billion, with over 1.7 million online retailers actively using Shopify’s platform today.

It was pretty much one-way traffic for Shopify stock following its long-awaited IPO. The Shopify share price continued to rise – and significantly at that. During the peak of the Covid-19 pandemic, when e-commerce became more vital than ever before for homes and businesses – Shopify shares peaked at $162.50 in July 2021.

However, it’s been less promising for owners of Shopify stock since, with 2022 proving to be a turbulent period, shedding over 68% of its value. This was due largely to rising inflation, which was hitting the bottom line of online retailers and stockists hard. Meanwhile, the cost-of-living crisis has also impacted the purchasing power of consumers, putting some online firms at risk.
Within its Q3 2022 financial results, Shopify revealed it has $4.9 billion in cash, cash equivalents and marketable securities, although it posted an adjusted net loss of $30m.

Given that the Shopify stock is part of a high-growth e-commerce industry, it’s possible that equities like these can offer significant long-term gains. However, that’s not always the case, as macroeconomic headwinds can play havoc with sectors intrinsically linked to consumers.

With uncertainty and volatility likely to surround the Shopify stock and other e-commerce shares in the short-to-medium term, speculating on the price of Shopify shares could be a sensible alternative. By using a contract for diference (CFD) broker, you can trade the rise (and fall) of an equity’s price, without having to own the underlying asset.

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Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
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Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Trade [[data.name]] with Skilling

All Hassle-free, with flexible trade sizes and with zero commissions!*

  • Trade 24/5
  • Minimum margin requirements
  • No commission, only spread
  • Fractional shares available
  • Easy to use platform

*Other fees may apply.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.

CFDs
Equities
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage
Hold larger positions than the cash you have at your disposal

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Trade on volatility
No need to own the asset

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No commissions
Just low spreads

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue

Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue