How To Buy Stocks

With 0.00 % commission

Buying stocks is fairly simple and straight-forward. Below is a simple step by step guide on how you can buy stocks and pay zero commission.

Step 1: Sign up with a stock broker

Stock brokers connects you to the stock exchange and let you buy stocks in whatever company is listed on the exchange.

eToro offers stock investing in a super user-friendly platform with more than 4000 global stocks and with zero commission.

When you sign up with eToro, you need to submit some personal details about yourself and upload documents that verify your identity (KYC rules).

Step 2: Select the stock you want to buy

Maybe you think electric cars is the future and want to invest in a company that produces electric cars such as Tesla?

First search for Tesla in the trading platform:

Step 3: Place an order in the stock

Click on “Trade” in the eToro platform and choose which order you want to place.

The most common order is a “Market Order” which get executed immediately in the market.

If you want to buy Tesla stocks for $1000 you can simply type in $1000. With eToro you are able to buy fractional shares, which means you can buy for example 0.36 shares of Tesla.

If you want to use leverage (not applicable for all jurisdictions), you simply selected how much you want to leverage your inital investment.

If you invest $5000 and apply X5 leverage, your exposure in the stock becomes $25,000 for example.

Done!

Buying stocks is that simple. Keep in mind that your capital is at risk when investing in stocks.

Conclusion

Buying stocks is very common and get be done commission free through certain brokers such as eToro.

eToro also accept US customers.