How to buy Snowflake IPO

Written by
András I.
Fact checked by
Adam N.
Updated
Mar 2024

Snowflake has completed its IPO on 2020-09-15 and as a result Snowflake shares were listed on NYSE

Snowflake is a cloud-based data-warehousing company.

The Snowflake IPO price was $120/share.

Top brokers for buying Snowflake shares

We've collected the most recommended brokers that offer trades on the NYSE.

Webull is a discount US stockbroker regulated by the top-tier US SEC and FINRA as well as the Hong Kong SFC. Visit broker
moomoo is a US-based zero-commission broker. It is overseen by several authorities, including top-tier ones like the SEC and FINRA. Visit broker
E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background. Visit broker
SoFi Invest is a discount US stockbroker regulated by the top-tier SEC and FINRA. Visit broker
TradeStation is a US stockbroker regulated by FINRA, a top-tier US regulatory body. Visit broker

Fees for trading Snowflake stocks

Let's take a look at the fees for trading Snowflake shares at our five recommended brokers

You have to count with different kind of fees when you are trading with Snowflake shares.

Commission is a fee, based on the traded volume or a flat fee per trade. For example, 0.1% of €10,000, $5/trade or $0.005/share.

Needless to say, these are different at each broker. Let's see the fees of trading with Snowflake shares at our recommended brokers.

Snowflake stock fees
US stock
$0 per trade plus regulatory and exchange fees, and $0.55 per contract fee for certain index option trades $0 per trade plus $0.5 contract fee and regulatory and exchange fees. These fees differ for Canadian users Free stock and ETF trading $0 per trade $5 per trade for non-US clients. For US clients, commission-free up to the first 10,000 shares per trade.
US stock fees class
Low Low Low Low Low
More More More More More
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The Bottom Line

How to purchase Snowflake shares online?

Simply follow these five easy steps:

  1. find a broker
  2. open your account
  3. fund the account
  4. buy the shares
  5. review your position

It may look tricky at first, but all you need to do is take it step-by-step.

If you're still unsure, use our broker finder tool to discover the best online broker that suits your needs.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
András Iván
Author of this article
András is a former broker analyst for BrokerChooser. He has years of experience in investing and trading equities, options and bonds. He believes that active trading and a more passive investing approach both have merits and everyone can find a strategy that fits their needs. He's eager to help identify the characteristics of specific brokers, so each client can find the best match.
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