Comment Acheter action Amazon
In this article, we’ll cover how to buy Amazon stock with a leading, regulated online trading platform.
Despite the market’s slowdown this month, with most stocks seeing price declines, Amazon has shown resilience. Its shares rose 0.94% to $3,731.41, while the S&P 500 index continued its downward trajectory. Analysts pointed to the recent deal between Amazon and Comcast as the reason for the current performance.
How to Buy Amazon Stock in 4 Steps
- Open a live trading account with eToro – eToro is a trading platform that offers stock trading . Simply visit their website, click Sign Up , and create a new account using your personal details.
- Upload ID – As part of strict KYC compliance, you will need to verify your identity and address by uploading copies of your passport and a bank statement or recent utility bill.
- Deposit Funds – Funding your account is quick and easy as eToro supports a wide range of payment methods, including credit/debit cards, Neteller, Skrill, bank wire transfers, and more. Simply log in, tap Deposit Funds, specify the amount and currency, and then choose the deposit method that suits you.
- Buy Amazon Stock – Type AMZN into the search bar. Clicking on Amazon opens a trading window and you can click the Trade button . Once you have entered your total stake, click Open Trade to buy Amazon stock.
Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees
Buy Amazon Stock with eToro – Step by Step
Step 1: Opening a trading account
To open a live trading account with eToro, you need to go to the eToro.com website and click on the « Register Now » link. This will bring up this online form, where you will need to enter all your personal details to create a new trading account.
You must fill in all the relevant details requested by eToro. You can also log in with your Gmail or Facebook accounts. Before submitting the information you provided, you are required to accept the terms and conditions and privacy policy. Then, simply click the « Create Account » button.
Step 2: Verification
As part of the KYC process, eToro requires all new traders to provide proof of identity such as a copy of a valid passport, and proof of address in the form of a valid bank statement no older than six months.
As part of KYC regulations, new users must answer a series of questions that allow eToro to better determine the type of service that is best suited to their profile and level of experience.
Step 3: Deposit Funds
Depositing funds into your new eToro account is a streamlined, fully digital process. A wide range of payment methods are available, including debit cards, credit cards, bank transfers, and a variety of e-wallets such as Neteller.
Making a deposit can be done in four simple steps, as shown in the screenshot above.
Step 4: Buy Amazon Stock
You can either trade or invest in Amazon stock:
- You can speculate on stock price movements through CFD derivative instruments, which allow you to use leverage to increase your buying power, and trade in both directions. ( Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You will never lose more than the amount invested in each position. )
- You can trade stocks through traditional investing methods such as buying and selling actual shares.
The main difference between these two approaches is that with CFDs you do not become the owner of the underlying stock.
Past performance is not a guarantee of future results.
To buy Amazon shares using CFD derivatives, simply type « Amazon » into the search bar and click on the corresponding result. Then press « Trade » and choose either BUY or SELL depending on your trading objectives. Next, enter your stake amount, choose your leverage amount, and place your preferred order type. Finally, click « Open Trade » to execute your investment.
The Best Online Brokers to Buy Amazon Stock
Amazon is one of the four most popular FANG stocks on the Nasdaq stock market, with a market capitalization of $1.88 trillion. It is therefore common for online trading platforms to offer Amazon stock to their customers.
But with so many online brokers to choose from, how do you know which one best suits your trading needs? In this section, we’ll review some of the top-rated and most successful online stock trading platforms , paying particular attention to key metrics like fees and regulations.
1- eToro – Main trading platform
eToro is a trading platform that offers access to a wide range of financial markets and tradable assets. Since its launch in 2006, eToro has welcomed over 20 million traders worldwide. This online broker offers some of the most competitive trading and non-trading fees on the market, with free trading on ETFs , and no account or custody fees.
One of eToro’s best selling points is that it allows you to buy hundreds of stocks, including Amazon, both traditionally and through stock CFDs. By trading CFD derivatives, you can trade speculatively and use leverage of up to 5:1. Traders who hold a position in a stock CFD do not become owners of the underlying asset and do not receive shareholder rights.
Being a social trading platform means that you can communicate and interact with the rest of the investment community on eToro, similar to the most popular social networks, but in an online trading environment.
Past performance is not a guarantee of future results.
Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees
eToro also facilitates copy trading features such as CopyTrader and CopyPortfolios. This means you can browse the public profiles of hundreds of experienced eToro investors and copy the trades of your favorites based on parameters such as past performance and risk ratings. Additionally, you can also invest in themes or an investor’s portfolio with the click of a button.
The minimum deposit for investors is just $100, and there are no deposit or account fees. ( Please note that a conversion fee applies to deposits .) Overall, eToro traders can buy Amazon stock for as little as $50. This is very attractive for beginners as Amazon stock sells for over $3,700 per share. This is possible because eToro supports fractional share trading, which means you can invest as little as $50 to buy a high-value fraction of a share.
Is eToro safe? Regarding customer fund protection and regulations, eToro is regulated and validated by several leading financial authorities.
Additionally, depending on your country of residence, you are covered by the applicable regulator’s investor protection schemes and negative balance protection.
Pros and Cons of eToro
Benefits Disadvantages
Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees
2- Capital.com – Best commission-free CFD broker
Founded in 2016, Capital.com is a global CFD and Forex trading platform that offers clients exposure to 15 international markets and access to a wide range of financial instruments, including Amazon stock CFDs.
Additionally, you can also invest in Forex CFDs, stock index CFDs, crypto CFDs, and commodity CFDs. Unlike eToro, you can’t invest in stocks in the traditional way, which gives you ownership rights. However, Capital.com users can trade stock CFDs with leverage of up to 5:1, meaning you can start investing with as little as $100 to open a $500 trade.
67.7% of retail investor accounts lose money when trading CFDs with this provider.
No matter which financial asset you choose to trade, Capital.com operates commission-free. Plus, you also have access to some of the lowest spreads. For example, some of the most popular stocks, such as Amazon and Microsoft, can be traded with spreads as low as 0.09 pips.
By trading CFDs on AMZN stock, you speculate on the rise and fall of its market price without taking ownership of the underlying asset. The online trading platform allows investors to customize their market analysis using advanced technical indicators such as Bollinger Bands and the MACD.
For example, you can configure AMZN analysis and fundamental data as a dominant part of your feed. Capital.com offers real-time market updates and multiple chart formats, compatible with Windows and Apple operating systems, as well as iOS and Android mobile devices.
Capital.com: advantages and disadvantages
Benefits Disadvantages
76.25% of retail investor accounts lose money when trading CFDs with this provider.
Amazon stock price
Amazon shares have reached record highs this month, despite CEO Jeff Bezos handing over the reins to Andy Jassy. AMZN shares hit all-time highs earlier this week, rising 5% to $3,675.74 per share.
Past performance is not a guarantee of future results.
Amazon Fundamentals
Market capitalization | $1.88T |
Price/earnings ratio (P/E) | 71.01 |
Income | $419.13B |
Earnings per share | 52.5469 |
Dividend (yield) | 0 (0%) |
Previous Close | 3731.41 |
Range of the day | 3690.35 – 3755.11 |
52-week range | 2869.32 – 3755.11 |
1 year return | 17.47% |
Why did Amazon’s stock price increase?
The reasons for Amazon’s stock rally in early July are twofold:
- The $10 billion Joint Enterprise Defense Infrastructure (JEDI) contract, a major U.S. Department of Defense cloud computing contract, was abandoned shortly after being awarded to Microsoft. Amazon’s stock hit record highs on news of the potential JEDI contract win. By midweek, Amazon’s stock had jumped 0.7% to $3,703.
- In late June, Comcast Corp. signed an agreement to make its Peacock app available on Amazon devices. Peacock, operated by Comcast’s NBCUniversal division, offers a combination of sports and live entertainment. With over 42 million active users, this Comcast-Amazon partnership has attracted the interest of many investors, especially as live streaming services are in high demand amidst the current social distancing climate.
Amazon Stock Price History and Forecast
Founded by Jeff Bezos in 1994, Amazon.com, Inc. began as an e-commerce bookstore. Amazon’s shares were subsequently made available to the public in 1997 through an initial public offering.
Since its listing on the NASDAQ stock exchange under the title AMZN, Amazon has continued its upward trajectory and now boasts one of the largest market capitalizations on the main American stock exchange.
At the time of its IPO, Amazon’s stock price was just $18, while at the time of writing, in July 2021, Amazon’s stock price reached $3,719.34. In other words, this represents an increase of 20,563%. If we compare the current AMZN stock price to the same time last year, we see an increase of 28.3%.
Let’s look at the historical data of Amazon stock for July 2021 in the following table:
Date | Price | Open | High | Weak | Flight. | Percentage change |
July 9, 2021 | 3,719.34 | 3,721.25 | 3,745.27 | 3,694.70 | 3.75M | -0.32% |
July 8, 2021 | 3,731.41 | 3,641.99 | 3,759.54 | 3,622.04 | 5.18M | 0.94% |
July 07, 2021 | 3,696.58 | 3,721.00 | 3,734.20 | 3,680.32 | 5.33M | 0.57% |
July 6, 2021 | 3,675.74 | 3,530.42 | 3,685.00 | 3,529.49 | 6.74M | 4.69% |
July 2, 2021 | 3,510.98 | 3,451.64 | 3,511.72 | 3,436.92 | 3.18M | 2.27% |
July 1, 2021 | 3,433.00 | 3,435.90 | 3,457.00 | 3,410.00 | 2.04M | -0.21% |
Should I buy Amazon stock?
Investors are watching Amazon’s stock closely, especially after last week’s announcement of its streaming deal with Comcast.
As previously mentioned, under the terms of the agreement, new theatrical releases will be streamed on Amazon Prime Video after being released on Comcast’s Peacock app. Amazon shares have a strong Buy rating as the company has a strong presence in the cloud computing and e-commerce sectors.
Buy or sell Amazon stock?
So, should you buy or sell Amazon stock? According to leading equity research firms, including JP Morgan and Morgan Stanley, the general consensus among the investment community is that Amazon stock is highly recommended for purchase. Indeed, the e-commerce giant has a wide range of opportunities to expand its business in the near future.
The coronavirus pandemic has created new challenges for how we interact with each other and how major infrastructure functions. In fact, Amazon has thrived during this difficult time. Thanks to new businesses like PillPack and its online pharmacy services, which offer new conveniences and new ways to shop online, normal is slowly being defined in new ways.
Additionally, with untapped potential in some countries like India, Amazon could expand its reach and operations to other key continents.
Amazon also has a chance of winning the U.S. Department of Defense’s $10 billion JEDI contract. Officials say the contract is expected to be awarded by the second quarter of 2022.
In summary, we believe Amazon is an excellent buying opportunity. The Nasdaq-listed company’s long-term business plans are highly feasible, and the fact that Amazon continues to create innovative services and products helps maintain its upward momentum. If Amazon can continue to expand its AWS services, its e-pharmacy business, and its influence in the food markets, then there’s no reason to question the long-term upward trends.
Expert verdict
Investors who jumped on the bandwagon are now posting six-figure gains. Amazon continues to grow at an unprecedented pace, with a record closing price of $3,719.34 recorded on July 8, 2021. Market analysts and financial research firms expect Amazon’s impressive stock performance to continue. With a market capitalization of $1.88 trillion, it’s easy to see why Amazon is among the best stocks to buy in 2021.
Overall, if you want to invest in Amazon stock while the iron is hot with a top-notch online social trading platform, we recommend using eToro . With useful copy trading features, CySEC, ASIC, and FCA licenses, a free stock trading simulator account with $100,000 in paper funds, and home to over 20 million traders, eToro is an ideal stock trading platform for buying Amazon stock .
To buy Amazon stock today with just $50, simply follow the link below and access fractional share trading with an eToro trading account .
eToro – Buy Amazon Stock
Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees
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