How to buy Bens Creek Group (BEN) shares

By   |   Verified by Andrew Boyd   |   Updated 9 Nov 2023

Bens Creek Group (LON: BEN) owns and operates several mines in North America to extract metallurgical coal, which is used in the production of steel rather than power generation.

Demand for steel is anticipated to rise as countries replace old infrastructure with sustainability in mind, so demand for steel-grade coal is likely to remain high.

For more on how to buy shares in Bens Creek, read on for a full guide.

Unsure about what share dealer to use?

Where to buy Bens Creek Group shares

eToro

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.
  • eToro is regulated by CySec, FCA and ASIC
  • Your funds are protected by industry-leading security protocols.
Hargreaves Lansdown

On website

Hargreaves Lansdown

Highlights

  • Offers easy-to-use trading platforms.
  • Invest across 20 international exchanges in shares, funds, bonds and investment trusts.
  • Dealing charges depend on how many trades you make each month.
Lightyear

On website

When you invest, your capital is at risk.

Lightyear

Highlights

  • With the launch of Vaults, you can earn interest rates of 5.21% APY on GBP, 3.83% APY on EUR, and 5.39% APY on USD, with a flat fee of 0.25% for all deposit sizes and no minimum or maximum limits.
  • 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%) p.a. gross.
  • No account-keeping fees.


*The interest rates are true as of 06.04.2024
* 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

  • No withdrawal fees.
  • US Fractional Shares are available.
  • A low 0.35% foreign exchange fee.

Cons

  • Limited investment products.
Saxo Markets

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.
  • Get news, commentary and actionable trade ideas from their team of expert analysts.
Wombat Invest

On website

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.
  • Open an Individual Savings Account and invest up to £20,000 each year.



Disclaimer: When you invest, your capital is at risk.

Pepperstone

On website

80.9% of retail investor accounts lose money when trading CFDs

Pepperstone

Highlights

  • Trade gold, silver, oil, and more.
  • Enjoy industry-leading low spreads from 0.0 pips.
  • Regulated by ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB.
Freetrade

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.
  • Access to a wide range of ETFs and Investment trusts.

Compare share dealer accounts on Finty. Research fees, commissions, tradable assets, markets, etc.

First time buying?

How to buy Bens Creek Group shares

Step 1: Pick an online broker

When comparing brokers, considerations include brokerage fees, foreign exchange fees, what stock markets are available, tradable instruments (stocks, funds, bonds, etc.), and how comfortable you are using the trading platform. You can compare brokers here on Finty. If you aren’t sure which one to go for, some brokers have demo accounts so you can try them out before committing real money.

Step 2: Fund your account

After you have chosen the broker you want to use, you will need to fund your trading account.

Funding methods vary between brokers, with some offering more choices than others. Bank transfers and debit cards are widely accepted, with credit cards and PayPal less so.

Step 3: Decide how much to buy

Avoid the temptation to spend more than you can afford to lose. Share values are volatile and can fluctuate wildly depending on market conditions.

If you can buy fractional shares, you can allocate however much you want for Bens Creek rather than having to buy whole shares.

Step 4: Choose whether to buy shares or invest in an ETF

ETFs are investments that are exposed to a set of companies, e.g. an ETF could be exposed to an industry like mining, a country, etc. They are typically less volatile than investing in a single stock because of their diversified composition.

ETFs with exposure to the mining and natural resources industry include SPDR S&P Metals & Mining ETF (XME), iShares MSCI Global Metals & Mining Producers ETF (PICK), and Direxion Daily Metal Miners Bull 2X Shares (MNM).

Step 5: Configure your order

The easiest way to buy shares is with a market order, which the broker executes at the next available price.

Most brokers offer the ability to configure orders that are triggered under certain market conditions, e.g. buy or sell shares in a company when its share price hits a pre-defined price.

You can compare available order types for brokers on Finty.

Step 6: Place your order

Now that you are all set up, you can buy your shares in Bens Creek Group.

After you buy

What moves Bens Creek Group's share price

Positive and negative news stories are likely to have an impact on the price of your shares. If you plan on holding your shares for the long-term, it also makes sense to read official statements, press releases, and Bens Creek Group quarterly results.

More broadly, you can track what their competitors are doing too. The main ones are Teck Resources (NYSE: TECK), BHP (ASX: BHP), and Corsa Coal Corp (CVE: CSO).

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.