Are you interested in investing and trading and don’t find a suitable platform for trading? There are many platforms available in the market but which one to choose for trading? Well, if you are confused, then you are in the right place.
We are here to help you and figure out your problem. That’s why, today in this article, I will tell you about eToro which is a leading trading platform since 2017.
So, without wasting time, let’s start this guide.
What is eToro?
Before we delve deep into how to buy Tesla stock on eToro, let’s have a little introduction about eToro to have a better understanding of this platform and then how to buy Tesla stock on this platform.
eToro is a trading platform since 2007 where you can trade in currencies, cryptocurrencies, stocks, and commodities. This is a social trading platform that allows users to understand and apply the strategies of successful investors in the market.
What you can do on eToro?
You can trade different currencies, cryptocurrencies, stocks, natural metals like gold, platinum, etc, commodities, and more.
From these stocks, you can also buy Tesla’s Stock. If you don’t know about Tesla remember that Tesla is a car company owned by Elon Musk. Tesla produces and supplies electric cars worldwide and the cars made by Tesla are good in quality and high in demand.
The next generation is the generation of electric cars so buying Tesla’s stock will be rewarding. eToro provides the facility of buying and selling Tesla’s stock.
Now, the question arises of how to buy Tesla Stock on eToro.
How to buy Tesla stock on Etoro?
The procedure will be quite simple for you if you have a previous experience of trading on different platforms or if you just have the knowledge about trading and trading platforms then it also will be okay.
But if you don’t know about trading and trading platform (especially eToro) then don’t worry Below is the procedure for using eToro for buying and selling the stock of Tesla and also trading in various commodities, stocks, and cryptocurrencies.
Sign up on eToro:
First thing first You need to create an account on the platform to start trading or selling stocks of any company. To do so, visit the official website of etoro which is ww.etoro.com, and then click on the Join Now button.
Here you will be asked to enter your details. After filling in the details, the website may ask you to click on the link which is sent to your email. After creating an account, the next step is to add money to your account to start buying stocks of companies.
Add Money to your Account:
Now it’s time to add some money to your account. You will need to provide your name, address, bank details, or maybe id card details for adding money to your account before starting the trade. You can start trading with $10. Make sure to link your bank account with eToro to add money to your account.
Buy Tesla’s Stock:
It’s time to buy Tesla or another company’s stock. To do this, you can visit the homepage of the site. Here you will see a search bar at the top below the header. Search Tesla or any company name in which you want to trade. Then select Tesla and now click on the Trade button.
Here you will find all the information about the trade. You can spend money on the trade now.
Now, you might have understood how to buy Tesla stock on Etoro. The procedure will be quite simple for you if you have a little experience in trading. If not, then it is still easy with our ultimate guide. If you like the content, feel free to check out Business Psycho.