Investing in widely known companies like Apple has become accessible more than ever thanks to the rise of online brokers . One example of a platform that has gained popularity among investors is eToro . Ever since its establishment in 2007 eToro has become a favored choice for online trading and investing .
If you are interested in buying Apple (AAPL) stock and have been exploring online brokers eToro offers a straightforward process to let you invest in AAPL . Let’s dive into the step by step guide for purchasing Apple stock on the eToro platform and learn more about Apple stock price on eToro .
Getting Started with eToro: Account Creation and Verification
Creating an eToro account is quick and simple . You will need to provide your email and phone number to get started . However if you plan to deposit funds and start trading you’ll need to complete additional verification as you need to comply with applicable regulations . Click on Complete Profile under your username and follow the steps the site provides to finish your eToro profile .
Once your profile is complete you can go on with funding your eToro account . The minimum deposit accepted is currently $200 (or equivalent in other currencies) . eToro offers multiple deposit methods like credit/debit cards, PayPal, wire transfer, WebMoney and UnionPay . Pick the method that suits you best .
Remember to invest within your means and avoid risking more than you are willing to lose out on . If you prefer to practice trading strategies without any risks involved eToro offers a virtual portfolio feature where you can test your strategies with $ 100,000 in virtual money .
Buying Apple Stock on eToro: Steps to Invest in AAPL
Now that your eToro account is funded you can start trading stocks . In this guide we will focus on buying Apple (AAPL) stock .
You can find Apple stock by using the search bar at the top of the eToro interface . Type in the name to find the stock . On the stock page you’ll find a price chart and key information about the company . You can also access additional details for some stocks . Tap on the Trade button to place your order for AAPL stock . A trade window will open where you can adjust the limits of your trade . Type in the amount you want to invest in the Amount section . Decide on whether to buy the stock at the current best available price or specify the exact price at which you want to buy it . Choose Trade for a faster and simpler trade execution . Review and adjust your stop-loss, leverage and take-profit levels if you wish so . Click Open Trade to submit your order . Your trade should be executed shortly . You can watch the status of your trade in the Portfolio section . You can update your stop loss and take profit levels if needed .
Final Thoughts
eToro’s user-friendly platform and comprehensive features make it a convenient option for those who want to invest in Apple stock . Along with traditional financial tools eToro allows users to trade cryptocurrencies and offers a copy trading feature for those who prefer a diversified portfolio to be managed by experienced investors . With eToro’s intuitive interface and broad offerings you can start your journey of investing in Apple and other stocks with ease .