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Stocks are the best investment for both long-term and daily trading. However, you may not recognize the benefits and pitfalls of the stock market at first glance if you are a newcomer.

On some platforms, commissions can be quite high when buying stocks. Find out how to buy stocks in Australia by reading this guide.

How to Buy Stocks in Australia – Quick Steps

Step 1. Open an Account with eToro

To create an account with eToro, you need to provide your name, email, and password.

Step 2. Deposit Funds

As soon as your account is set up, you can deposit eToro. The broker accepts credit cards, debit cards, and PayPal for funding your trading account.

Step 3. Buy Shares

Upon funding your eToro account, you can then buy your first stores. As an example, we are looking to buy BP shares. We will type in ‘BP’ into the search box and click on ‘TRADE’ to open a new order. To place our first stock trade, we will enter the amount we want to trade and click ‘OPEN POSITION.’

You now know how to invest in stocks in Australia in just 3 easy steps!

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Step 1 – Choose a Stock Broker

Investing in stocks online doesn’t have to be complicated, but it can be time-consuming. However, these are some of the best stock dealing accounts that can act as investment managers for your stocks and meet several minimum requirements. That includes the Financial Conduct Authority license, support for Australian debit/credit cards, bank accounts, and the ability to buy and sell stocks in domestic and international companies.

How To Buy Stocks In Australia – Best Brokers List

  1. eToro – Best Australia Stock Broker for Copy Trading
  2. Capital.com – Best Platform to Trade Stock CFDs in Australia
  3. Skilling – Trusted CFD Broker with Low Fees in Australia
  4. Libertex – Best Broker to Trade Stock CFDs with Tight Spreads in Australia
  5. Pepperstone – Regulated Broker To Buy Stocks in Australia

Choose a Stock Broker

1. eToro – Best Australia Stock Broker for Copy Trading

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eToro offers 0% commissions on over 800 stocks. eToro is one of the most affordable brokers and absorbs stamp duty. eToro is FCA-regulated and very popular with new investors who are millennials. Opening an account is easy, and the minimum deposit is $10.

eToro offers blue-chip British stocks such as Tesco, BT, and Rolls Royce and trending tech stocks like Amazon, Apple, and Tesla. eToro makes our list because you don’t have to pay any dealing fees when buying and selling stocks. Additionally, the platform allows you to buy bitcoin in Australia, Ripple, Ethereum, and other popular cryptocurrencies.

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eToro has been fully licensed by the FCA. CySEC (Cyprus) and ASIC (Australia) also offer regulatory protection – so you are protected from three directions.

Opening an investment account only takes a few minutes. Deposits can be made with an Australian debit/credit card, bank account, or e-wallet. The minimum deposit is $10. After the broker processes your deposit, you will be charged a 0.5% fee. That way, you can access international markets without worrying about exchange rates.

When you deposit more than £2,000 at eToro, you will need identification. Bank wire transfers can be used for investments up to £40,000 per card transaction. You will receive a VIP account manager and a face-to-face meeting at their London headquarters if you meet these requirements.

In addition to copy trading, eToro lets users copy the portfolios of successful stock investors. A fee is charged for this service. See our eToro review for a more in-depth look.

eToro does not calculate taxes for you, such as capital gains tax, so you will need to do this yourself, depending on your location.

eToro fees

Fee Amount
Stock trading fee Free
Forex trading fee Spread, 2.1 pips for GBP/USD
Crypto trading fee Spread, 0.75% for Bitcoin
Inactivity fee $10 a month after one year
Withdrawal fee $5

Pros:

  • FCA-regulated trusted brand.
  • Commissions and stock dealing fees are not charged.
  • More than 1,000 stocks are listed on multiple international exchanges.
  • Use a debit/credit card, e-wallet, or bank account to deposit
  • You can copy other users' trades
  • Setting up personal trading price alerts

Cons:

  • Trading is not suitable for technical analysis
  • Forex spreads are high
  • Deposits are subject to a conversion fee of 0.5%

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. Capital.com – Best Platform to Trade Stock CFDs

new capital logoTrading CFDs on more than 3,000 shares from the US, UK, and Europe is available on Capital.com. There is a wide variety of stocks available for trading with leverage of up to 5:1 at Capital.com, and it is easy to trade long and short.

Capital.com offers 100% commission-free trading and some of the lowest spreads in Australia. Furthermore, there are no deposit, withdrawal, or inactivity fees, so that you won't be surprised by additional charges.

Beyond just stock CFDs, Capital.com offers many other assets to trade. There are over 140 currency pairs, 84 cryptocurrencies, and dozens of commodities, ETFs, and stock indices.

One thing that makes Capital.com stand out is its custom trading platform, available on the web and mobile devices. Numerous technical indicators and highly intuitive charts are available to you. Capital.com also offers TradingView integration, which lets you create custom indicators to analyze price movements. In addition, the platform uses artificial intelligence to track patterns in your trades and suggest ways to improve your win rate.

This broker provides a wealth of educational materials for new traders. For example, many videos and tutorials walk you through the basics of CFD trading and explain popular trading strategies. There is even a mobile app for education, which comes with quizzes to test your trading knowledge.

Furthermore, Capital.com is regulated by The FCA and the CySEC. Customer support is available 24/7 by email, phone, and live chat, so you don't have to worry about any issues with your account. You only need a £20 deposit to open an account with Capital.com, and you can deposit funds via credit or debit card and bank transfer.

Capital.com fees

Fee Amount
Stock trading fee Spread. 1.83 pips for Amazon.
Forex trading fee Spread. 0.8 pips for GBP/USD.
Crypto trading fee Spread. 100 pips for Bitcoin/USD.
Inactivity fee Free
Withdrawal fee Free

Pros:

  • CFD trading is 100% commission-free
  • Over 3,000 shares from the US, UK, and Europe
  • You can trade forex, commodities, cryptocurrency, and more
  • The most powerful trading platform for technical analysis
  • FCA and CySEC regulated
  • Provide 24/7 customer support

Cons:

  • Only CFDs
  • Leverage for stock trading is limited

Your Money Is At Risk.

3. Skilling - Trusted CFD Broker with Low Feeshow to buy american stocks in australia

Since 2016, Skilling has been a top-rated CFD broker. It offers competitive spreads starting from as little as 0.1 pips on CFDs and forex trading. In addition, it is fully licensed by CySEC and offers negative balance protection for Australian investors.

Skilling offers over 800 CFD instruments, including forex, share CFDs, indices CFDs, and commodities CFDs. Trading experience is not a barrier to trading on the platform. For advanced forex traders, it supports MetaTrader 4 and Skilling Trader, and Skilling cTrader.

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Skilling does not charge commissions on trading, except for the Premium forex account. The broker offers market-leading spreads that begin at just 0.1 pips. A standard account requires just 100 EUR as a minimum deposit, while a higher risk tolerance will grant you leverage of 30:1.

Non-trading fees include an inactivity fee of £10 after 12 months of inactivity. There are several educational resources at the click of a button for beginners. Furthermore, you can reach the customer service department by phone, Live chat, or email from 04:00 to 22:00 CET. There are offices in Cyprus, Spain, and Malta.

Skilling fees

Fee Amount
Stock trading fee Skilling's Trader Account: 0% Commission
Forex trading fee Starting at 0.7% for variable spreads
Crypto trading fee Spread—0.20% for Bitcoin.
Inactivity fee After one year, $10 per month
Withdrawal fee Free

Pros:

  • 73 CFDs on forex and 700 CFDs on stocks
  • No commissions and low spreads when trading stocks
  • Low minimum deposit and very low account fees
  • High-quality charts on a platform
  • Support for algorithmic trading
  • For forex trading, MetaTrader 4 is included
  • A user-friendly iOS and Android app

Cons:

  • Only limited hours of support are available
  • Research and analysis are very limited
  • No price alerts are available

Your Money Is At Risk.

4. Libertex – Best Broker to Trade Stock CFDs with Tight Spreadshow to buy stocks for beginners

Libertex is another excellent trading platform to consider. Over 2.2 million users from various countries use Libertex, which has been around since 1997. Libertex is regulated by CySEC, making it one of the safest platforms for stock traders. Additionally, there is a wide selection of tradable assets, from equities to cryptocurrencies.

When you trade with Libertex, you will be charged a transaction fee when you open a position, and it varies based on the type of asset and the size of the trade. Libertex is a CFD broker, so traders will also have to pay a spread, which is the difference between an asset's buy and sell prices. Libertex has an extremely tight spread, averaging 0.1% to 0.2% on stock CFDs.

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Users can deposit as little as €100 (£85) at Libertex using a credit/debit card, a bank transfer, or an e-wallet. Libertex offers both a web-based and a mobile trading platform, with full MT4 and MT5. In addition, Libertex offers retail clients up to 1:30 leverage for its tradeable CFDs, ensuring that gains can be boosted.

Libertex fees

Fee Amount
Stock trading fee Commission. 0.034% for Amazon.
Forex trading fee Commission. 0.008% for GBP/USD.
Crypto trading fee Commission. 1.23% for Bitcoin.
Inactivity fee $5 a month after 180 days
Withdrawal fee Free

Pros:

  • CFD spreads are tight
  • Leverage of up to 1:30
  • Various asset classes are available
  • Support for MT4 and MT5

Cons:

  • Stock CFDs require users to pay a commission and a spread

Your Money Is At Risk.

5. Pepperstone – Regulated Broker To Buy Stockshow to know what stocks to buy

Spread betting strategies can be deployed with the help of technical analysis. Pepperstone is a good option if you are familiar with pricing charts. With this FCA-regulated broker, you can trade CFDs and spread bets across many asset classes - some without paying spreads.

That will be the case upon signing up for a Peppersonte Razor Account, which functions similarly to an ECN account. Because of this, you will pay a small commission of $3.50 per slide, but in return, you will receive the best spreads available. Spread bets can be placed directly with market participants using Pepeprstone. You can also opt for the commission-free Standard Account, which has less competitive spreads.

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Pepperstone offers a variety of financial markets through its spread betting platform, similar to Capital.com. Commodities, currencies, and indices are among the options. Pepperstone does not have a minimum deposit requirement and accepts Paypal, debit and credit cards, and bank transfers. A third-party platform such as Pepperstone can also be a good alternative if you prefer to trade. The broker supports MT4, MT5, and cTrader.

Pepperstone Fees:

Fee Amount
Stock trading fee $0.02 per US stock
Forex trading fee Spread, 1.59 pips for GBP/USD
Crypto trading fee Spread 50 pips for Bitcoin
Inactivity fee Free
Withdrawal fee Free

Pros:

  • Taxes on capital gains do not apply to spread betting
  • Compatibility across platforms
  • Accounts with no commissions
  • In Razor, there are no spreads
  • FCA-licensed
  • PayPal is accepted

Cons:

  • The platform is not proprietary
  • ETFs are not currently available

Your Money Is At Risk.

Step 2 – Research on Stocks Investing

Australian stock trading allows you to purchase global stocks with a few clicks. You only need an online brokerage account.

Hundreds of Australian stockbrokers compete for your business, so commissions and fees are lower than ever. Furthermore, you can buy stocks on Australian stock dealing platforms without paying any dealing fees.

In addition to learning how to buy stocks in Australia, it's also important to know how stocks work, the investment journey, and any tax rules versus tax benefits. You can avoid costly mistakes if you understand the fundamentals. Additionally, you must receive a stock certificate within two months after purchasing stocks in a company.

What is a Stock?

Stocks (also called equity) represent ownership of a fraction of a company. As a result, stock owners will receive a proportionate share of the corporation's assets and profits. Each unit of stock is known as a "share."

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Market forces determine the value of the stocks. Therefore, if more buyers than sellers, the stock price will rise. As a result, the value of your investment will increase.

That has the opposite effect - meaning that the value of your stocks will decrease if there are more sellers than buyers. However, as a shareholder, you will receive a variety of benefits.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Best Australian Stocks

Are you wondering who led the pack in the local stock market last month? Below are the best performing ASX 200 stocks in January 2022 and an update on how Australia's biggest companies have performed.

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Some made respectable gains among Australia's biggest companies, while others lost money.

1. Australian and New Zealand Banking Group Ltd (ANZ)

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In 2022, ANZ's head of investment strategy for private banking and advice stated equities were unlikely to produce double-digit returns. It is normal for the market to slow after a year of strong gains and before the long-term uptrend resumes.    Investors should take advantage of the market's pause and possibly buy stocks at lower prices when they confirm rising again.

From its peak of $29.64 in June 2021 to the low on the 1st of February 2022, ANZ fell by 11.8% and broke a historical level of support at around $27. ANZ has held up well against other banks; however, any further negativity could push the price down to $25 and $26. In 2022, the worst-case scenario for ANZ's stock price is between $23 and $24. Nevertheless, this is a great stock to own when its price rises, and investors are wise to wait for a more sustained rise as confirmation of the next low before growing their holdings.

2. BHP Group Ltd (BHP)

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Jessica Farrell, asset president of Nickel West at BHP, expressed excitement about the commencement of the Northern Goldfields Solar Project this month. The big miner has made a significant investment that should excite all investors in response to emissions reduction targets. BHP fell from its all-time high of $54.55 in July 2021 to its low of $35.56 in November 2021 and has since recovered around 66% of what it lost in just three months. Approximately 11% of the gains were made in January, with the stock gaining around 10%. Though the rise fell short of my short-term target of $50, the surprise was how fast BHP recovered. Nevertheless, BHP faces resistance between $50 and the all-time high, and this will present an important hurdle if it is not breached this quarter.

3. Commonwealth Bank of Australia (CBA)

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According to research from CBA, in 2022, Australians will spend around $2 billion on back-to-school expenses. CBA's buy now pays later service StepPay is set to benefit from the wave of parents using it. According to their research, 58% of parents would use a buy now, pay later, or a credit card to pay for school supplies. Despite the service being available since August 2021, investors will find it exciting to learn that the bank has around 150,000 buy now pay later customers and recorded about $1.5 million in transactions at the end of January.

CBA's stock price dropped 16% from its November high to a low in early December 2021. In January 2022, the stock fell 8.1%, eroding gains towards the year's end. As stated in our previous report, CBA may trade above $100 and possibly around $105, but the risk analysis showed it might fall below $90. CBA broke the $100 barrier again on the 5th of January 2022 and reached $103.48. However, at the moment, it is unclear if it will fall further in the short term.

4. CSL Limited (CSL)

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As Government restrictions have continued to be applied to elective surgeries, Healthcare stocks have been battered by the market, falling 16.3% to the recent low on the 27th of January 2022. After immense pressure, the Australian Government has finally lifted restrictions on some elective surgeries.

That will be viewed as a positive for sustained recovery, but restrictions must be completely lifted to provide certainty. CSL remains the heavyweight in the Healthcare sector and is typically more tightly held; even the best fund manager would find it hard to justify holding stock at risk of further declines.

CSL fell 9.8% in January and below an important support range between $270 and $300. CSL's price may rise in the short term, but it is unclear whether this move will last or whether it has further to fall. Healthcare stocks will remain volatile without a complete change to government policy.

5. Fortescue Metals Group Ltd (FMG)

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Fortescue Future Industries (FFI) has acquired a stake in Sparc Hydrogen, which has the exclusive license to develop and commercialize green hydrogen technology. Adelaide and Flinders's universities developed an exciting technology to produce hydrogen from sunlight and water instead of renewable energy and electrolysis. Green energy exploits will offer investors a chance to balance their holdings in commodity stocks with exposure to the renewables space.

As BHP and RIO played catch-up with FMG, FMG's stock price rose just 2.85% in January. However, a recent recovery saw FMG gain 53% from its low of $13.90 in November 2021. FMG may continue to rise in the current quarter, but heavy resistance exists around $24 and $26.50 (the all-time high price in July 2021). In the first quarter of 2022, volatility will likely continue to be high for miners as we approach reporting season.

Stocks Fundamentals

Fundamental metrics include cash flow and return on assets (ROA). Fundamental analysis examines a company's fundamentals; analyzing any data that could impact a price or perceived value is part of this process.

Fundamental analysis considers all information that could affect a price or perceived value. That is different from trading patterns. In fundamental analysis, the value of a company is determined by its stock, and the stock is purchased or sold based on its value. Fundamental indicators of a company include:

  • Cash flow
  • The return on assets
  • Conservative gearing
  • The history of profit retention to finance future growth
  • Maximizing shareholder earnings and returns through capital management

Fundamental analysts view stocks from a conservative perspective. This is because several factors determine stock performance. For example, an industry's overall characteristics, competition, management structure, income, revenue, and growth potential all play a role.

What Are Dividends in Stocks?

Dividends are a way for large firms to distribute profits to stockholders. Dividends from stocks will also allow you to earn money.

You will receive your stocks of the proceeds if and when they do. Dividend income will depend on how well the company performs. Dividends are not paid on all shares, but they are typically distributed every three to six months.

Dividend stocks work like this:

  • Imagine that you own 500 stocks of HSBC
  • Every three months, the firm pays dividends
  • HSBC announces a dividend yield of 7% this time around
  • It amounts to £0.28 per stock
  • If you hold 500 stocks, you will receive £140 (£0.28 x 500 stocks).

Dividends are a great thing to receive in addition to capital gains. Ideally, you would invest in stocks that increase value while paying dividends!

What Stocks To Buy Today?

If the price is right, investing in stock can be quite profitable, but picking the right stock without a proven strategy is nearly impossible. So what are the best stocks to buy or add to your watch list right now? Among the top candidates are Apple (AAPL), Datadog (DDOG), Wyndham Hotels (WH), Commercial Metals (CMC), and Dollar Tree (DLTR).

Apple Stock

Apple's stock is trading just below a new entry-level. Based on MarketSmith's analysis, 176.75 is the best buy point.

In the short term, AAPL stock will strive to regain its 50-day line. Last week, it fell below the key benchmark.

On its relative strength line, Apple stock recently reached new highs. It's a positive development, but it also indicates overall bad the market has been. Strong RS lines can be the first to break out of choppy markets.

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67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

The Composite Rating for Apple has risen to 93 out of 99. Furthermore, Apple became the first company to reach $3 trillion in market capitalization last month. Since then, its market capitalization has declined.

In recent quarters, earnings growth has rebounded due to the Covid-19 pandemic, according to IBD Stock Checkup. Apple's stock rose after it reported its first-quarter earnings for fiscal 2022.

Datadog Stock

The Datadog has a deep cup-and-handle base at a price point of 184.80. Its base shape has elements of a double bottom, so it isn't ideal. Despite widespread negative reactions, it is currently testing support at its 50-day line.

Despite nearly hitting its highs in December, the stock has lost ground since then, part of a broader decline.

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67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

A recent rise in the relative strength line is noteworthy considering the difficult environment for stocks with high PE ratios.

Compared to other software names, it has a 200-day moving average.

Wyndham Hotels Stock

Wyndham Hotels is trading below its buy zone after rising above a flat base buy point of 91.51. The stock is testing support.

Recently, the relative strength line reached a new high.

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67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

The stock of WH just beats earnings expectations. Earnings per stock at Wyndham increased by 886% to 69 cents. Furthermore, revenue increased by 32% to $392 million.

US RevPAR increased by 58% compared to 2020, outpacing 2019 by 9% for the quarter.

Commercial Metals Stock

After forming a consolidation pattern over the past 7 weeks, Commercial Metals stocks are trying to reach a 38.82 buy point over the next week.

The companies may start considering a handle that offers a lower entry price. As a result, it is possible to make an early entry at Wednesday's high of 37.49 + 10 cents.

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67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

The stock currently has a perfect Composite Rating of 99. Furthermore, the company has a perfect EPS Rating, meaning its earnings are stellar.

The stock is also backed by big money. It has an Accumulation/Distribution Rating of B+.

According to MarketSmith, funds already own 60% of the company's stocks. As a result, the impact of large market movements is heavily dependent on institutional support.

Dollar Tree Stock

DLTR closed at 142.48 handles buy point on Friday. There are better chances of success with a second-stage base.

After breaking out of a cup base, the stock consolidated for 12 weeks. The stock is now testing a support level.

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67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

One of the most important reasons to pay attention to stock is its relative strength line. The RS line has spiked hard in recent weeks, reaching a new high just now.

Best Growth Stocks to Buy Now

Stocks most likely to grow in this environment have low debt levels and strong business models, which allows them to survive tough times. These are best-in-class stocks. Large-cap stocks generally meet these criteria, but smaller companies can also.

Some experts believe that the process is more important than the stocks. Outliers (regardless of their market capitalization) possess strong fundamentals, excellent technicals, and a history of big money activity.

Big money buys a lot of outlier stocks, and institutional investors usually do this. Big Money Trading, according to MAPsignals, can alert you to the fundamental picture. If you are searching for high-quality stocks, you want the odds to be on your side.

When markets are under pressure, it is imperative to focus on quality. So we filtered the MAPsignals database for various quality metrics to identify long-term investment opportunities. As a result, GOOGL, ADBE, MSFT, GNRC, and INMD are smaller, riskier stocks with big upsides, while ADBE, MSFT, GNRC, and INMD can weather storms.

Is Worth Investing in Stocks?

Right now is the best time to invest in the future. Of course, a pullback in the stock market won't matter much with a long-term view. But after 40 years, when your original investment has multiplied tenfold, how much difference can a 10% difference make?

In addition, if you consistently invest over time -- adding to your investments every month or two -- you are likely to catch a correction or crash. If you have cash flow, you can invest even more. Unfortunately, planning for the unexpected is virtually impossible. For example, a crash in stock prices would never occur if predicted.

If you enjoy researching stocks, you may find it difficult to find good buy opportunities when market valuations rise. Although fewer stocks will present value relative to their underlying fundamentals, that does not mean there will not be opportunities. It is always a good time to invest when the market undervalues security.

A stock with a good price is worth buying. The research you conducted will produce long-term results, despite short-term losses. Be sure you are on the right path, though, and don't ignore the company completely.

Growth stocks are not necessarily doomed to failure if purchased near the peak of a bull market. Growth stocks tend to fall more during a correction or crash, but these times can also be catalysts for growth. Furthermore, companies whose management teams are focused on long-term growth benefit from market fluctuations caused by economic events. Thus, even if your stock falls, it may rebound even stronger.

Investors may fear a slight price decline, thinking more losses will be. In contrast, market corrections are more likely than market crashes, defined as more than 20% drops. Stock market corrections usually occur every other year or so. During this time, stocks are available at a discount.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Step 3: Open Account & Invest with eToro in Australia

You need to understand how to trade the stocks you find. We will use eToro as an example for our guide. In addition to the apps listed above, we have several suggestions to consider. You won't have any trouble getting started with any of them as they all have the same basic setup process. To get started, follow these steps.

1. Create Your Account

You need a brokerage account to trade stocks on any regulated broker platform, including eToro. So the first step is to create an eToro account by filling in some information. However, you can skip it if you use your Gmail or Facebook account.

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67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. Verify Your ID

The following step must be followed regardless of whether you already have a Facebook account or a Gmail account. All regulated platforms require KYC. As a result, users are protected against identity theft since they can prove their identity. In addition, since traders are brought into the system, any shady activities are severely discouraged.

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You can verify your account by providing certain personal information and uploading a picture of your ID, passport, or driver's license. eToro may also ask for a copy of your bank statement to verify your address matches that on your application.

3. Deposit Funds

In the second step, you will deposit the funds you will use to invest in stocks. As soon as you log into your eToro account, you will see a "Deposit Funds." button.

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After that, you will be redirected to a new window to select your payment method and amount. After completing the payment details, you are now ready to move on to the next step.

4. Buy Australian Stocks!

Stocks are now available for purchase. On eToro, you can search for a specific stock's name or ticker, and you will be taken directly to that stock's page. You can also view eToro's market offerings on the stocks page.

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Conclusion

Stocks are a good investment, but you should try to lower their price as much as possible. The best way to do this is to purchase stocks on platforms that do not charge commissions. Find out how to buy stocks online with eToro and which other platforms you might want to consider. Then, after you know where to buy stocks, all you have to do is research the best growth companies to invest in and make a wise investment decision based on your research.

eToro – Buy Stocks With 0% Commission in Australia

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67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

FAQs

What is a stock?

A stock represents a fraction of ownership in a corporation. Trading stocks on exchanges and brokers is possible through platforms like eToro.

Can I invest in stocks outside Australia?

All regulated global markets can be accessed through platforms, including stocks and CFDs.

What are the ways to earn dividends from stocks?

By owning and purchasing stocks, you will be able to earn dividends. Nevertheless, some stocks do not pay dividends, so make sure you invest in stocks that do.

Currently, which stocks are the best to buy?

As time passes and events related to their respective companies occur, stocks' profitability changes every day. A good stock to buy at any given time doesn't exist. Assess the market, determine what experts recommend and what others invest in, and identify the most promising stocks based on their performance and other factors.

Should I buy ASX-listed stocks?

Since companies list on a stock exchange, such as the Australian Securities Exchange (ASX), raise money by selling stocks to investors. If the company does well, then they make a profit.

About Jhonattan Jimenez
About Jhonattan Jimenez

English Language professional with a vast experience teaching English as a second language, English translator to Spanish, Cryptocurrency enthusiast, interested in geopolitics and economy.

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