Aterian (NASDAQ: ATER) is a tech company that acquires and scales emerging brands. Using consumer data and feedback, Aterian quickly develops innovative new products and brings them to market. They also tweak or revamp existing products so that they appeal to more buyers.
Most of their products are aimed at homeowners. Aterian is behind the highly popular PurSteam clothes ironing system, Vremi, hOmeLabs, Squatty Potty, Xtava, and the Mueller coffee machine.
This is your complete guide to buying Aterian shares from the UK.
On website
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk
eToro
Highlights
- Trade and invest in top financial instruments, including a wide selection of stocks.
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On website
Hargreaves Lansdown
Highlights
- Offers easy-to-use trading platforms.
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On website
When you invest, your capital is at risk.
Lightyear
Highlights
- Invest in over 3,000 international ETFs and stocks in the EU, UK, US, and more.
- Simple and easy-to-understand pricing. Per order, Lightyear will charge 0.1% (up to $1 max) on US shares, £1 on UK shares, and €1 on EU shares.
- Earn interest* on uninvested cash, USD (4.50%), EUR (3.25%), GBP (4.5%), and HUF (8.25%) p.a. gross.
- No account-keeping fees.
*The interest rates are true as of 12.06.2023
* Finty will be paid a referral fee, including financial promotion if you open an account and deposit funds through some of the links on this page.
Pros
Cons
On website
Saxo Markets
Highlights
- It only takes five minutes to open your account online.
- Get ultra-competitive spreads and commissions across all asset classes.
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On website
Wombat Invest
Please read the following disclaimer before applying.
Wombat Invest
Highlights
- Simple and straightforward investing app.
- Allows you to invest in ETFs (Standard ISA or GIA) and Fractional Shares (GIA only).
- Get a savings account and unlock 4.91 %AER (variable) paid daily.
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Disclaimer: When you invest, your capital is at risk.
On website
80.9% of retail investor accounts lose money when trading CFDs
Pepperstone
Highlights
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On website
Freetrade
Highlights
- With fractional shares, you can start investing from only £2.
- Choose from thousands of stocks from the London Stock Exchange, NYSE and NASDAQ.
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Compare share dealing accounts. Find a cheaper, better place to invest.
Step 1: Pick an online broker
There are many brokers to choose from. Features to look for when choosing who to trade with include commission-free brokerage, the ability to buy fractional shares (so you have access to some of the more expensive options), as well as a high-quality user interface for trading complete with market research and reports. If you are a casual trader, a modern app helps make the market much more accessible.
Step 2: Fund your account
Once you have selected a broker, you need to fund your account. Typically you will need to verify your identity and then activate your account before you can transfer funds and begin to trade. A word of warning though: depending on the source of funds, it might take a day or two for your funds to clear.
Step 3: Decide how much you want to invest
With the advent of fractional investing, you can buy part of an Aterian share rather than having to buy a whole unit. As well as giving you access to shares you may otherwise not be able to afford, fractional investing also makes it easier to diversify your holding into more companies.
More importantly, though, set a budget for how much you want to invest and avoid the temptation to invest more than you can afford. Always remember that share value is volatile and can rise and fall with the market.
Step 4: Choose whether to buy shares or an ETF
ETFs are a type of investment that give you exposure to a group of companies, usually themed in some way, e.g. consumer goods. An ETF is less risky than a single share because of its diversification, which also means they experience less rapid explosive growth.
ETFs with exposure to Aterian include iShares Russell 2000 Growth ETF (IWO) and Vanguard Russell 2000 Growth ETF, (VTWG).
Step 5: Configure your order
A market order is the most basic type. Once submitted, the broker will execute the trade at the next available price.
Several other order types are available, for example, allowing you to configure an order to execute automatically when specific conditions have been met.
Step 6: Place your order
Once configured, click the “Buy” button to buy your shares.
Keeping track of what is being said about Aterian in the news is a good starting point. It will alert you to any stories that are likely to impact their share price positively or negatively. Employee job satisfaction reports also provide an insight into how the company is performing.
It is also important to understand what their competitors are doing. To do this, keep track of stories and announcements that relate to Perch and Big Drop Inc.
Being a consumer goods company, consumer confidence and the general state of the economy will play a role in the company’s performance. The cost of living may have an effect on the average consumer's willingness to part with money for a lifestyle product they can live without.
Lastly, and perhaps critically, their financial performance can be affected by the acquiring new products or developing new viral products.
Disclaimer: We put our customer’s needs first. The views expressed in this article are those of the writer’s alone and do not constitute financial advice. Advertisers cannot influence editorial content. However, Finty and/or the writer may have a financial interest in the companies mentioned. Finty is committed to providing factual, honest, and accurate information that is compliant with governing laws and regulations. Do your own due diligence and seek professional advice before deciding to invest in one of the products mentioned. For more information, see Finty’s editorial guidelines and terms and conditions.
