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Palantir has long since been one of the most popular stocks for day traders and long-term investors alike, and for good reason. The company, and consequently the company, has been on a major upward streak for the past few months, and there is no reason why this streak will not continue in the future.

In this guide, we discuss the process that you need to follow in order to buy Palantir stocks. We review a variety of brokers and analyse which ones will best suit your own needs in order to be able to trade and invest in Palantir stocks.

How to Buy Palantir Stocks – Quick Steps

The basic list of steps that you need to follow in order to quickly trade Palantir stocks are as follows:

  • Open a live trading account with eToro – eToro is a copy trading platform that offers stock trading with 0% commission and is fully regulated by the UK’s FCA, ASIC, and CySEC. Simply head over to their website, tap on Sign up and create a new brokerage account using your personal details.
  • Upload ID – In keeping with strict KYC compliance you will need to verify your identity and address by uploading copies of your passport and a recent bank statement or utility bill.
  • Deposit funds – Funding your account is quick and easy as eToro supports a wide range of payment methods including credit/debit cards, PayPal, Neteller, Skrill, bank transfers, and more. Simply log in, tap on Deposit Funds, specify the amount and the fiat currency and then pick the deposit method that suits you.
  • Buy Palantir stock – Type PLTR in the search bar. Clicking on Palantir will populate a trading window where you can tap on the Trade button. Once you have entered your total stake, clicking on Open Trade allows you to buy Palantir stock.
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$ 0.00
What we like
  • Buy shares and ETFs with 0% commission
  • Social and copy trading network
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Cost per trade
Account Fees
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10/10
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CFDs Copy Portfolio ETFs Funds Crypto Robo Advisor Stocks
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Account from
$200
ETFs
150
Leverage
1:30
Margin trading
Min. Trade
$25
Stocks
2,000+
Trade fees
Spread
Withdrawal Fees
$5

Fees per trade

CFDs
1 pip to 4.5%
Copy Portfolio
0%
Crypto
0.75% to 4.5%
ETFs
0%
$0
Stocks
0%
Total Fees (over 12 months)
$ 0.00

67% of retail investor accounts lose money when trading CFDs with this provider.

Account Information

Account from
$200
ETFs
150
Leverage
1:30
Margin trading
Min. Trade
$25
Stocks
2,000+
Trade fees
Spread
Withdrawal Fees
$5

Fees per trade

CFDs
1 pip to 4.5%
Copy Portfolio
0%
Crypto
0.75% to 4.5%
ETFs
0%
$0
Stocks
0%

Rating

Total Fees (over 12 months)
$ 2.00
What we like
  • Huge range of assets
  • AI trading platform
  • Low minimum deposit
Cost per trade
Account Fees
Mobile App
9/10
Features
CFDs ETFs Funds Stocks
Payment methods
Credit Card Giropay Neteller Sepa Transfer Skrill Sofort

Account Information

Account from
$20 (by card)
Deposit Fees
$0
ETFs
250+
Leverage
1:200
Margin trading
Stocks
2425
Trade fees
Spreads
Withdrawal Fees
$0

Fees per trade

CFDs
0,01-2%
DAX
0,01-2%
ETFs
0,01-2%
Funds
0,01-2%
Stocks
0,01-2%
Total Fees (over 12 months)
$ 2.00

78.77% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.

Account Information

Account from
$20 (by card)
Deposit Fees
$0
ETFs
250+
Leverage
1:200
Margin trading
Stocks
2425
Trade fees
Spreads
Withdrawal Fees
$0

Fees per trade

CFDs
0,01-2%
DAX
0,01-2%
ETFs
0,01-2%
Funds
0,01-2%
Stocks
0,01-2%

Rating

Total Fees (over 12 months)
$ 1.20
What we like
  • No spreads
  • Educational content
  • User-friendly platform
Cost per trade
Account Fees
Mobile App
8/10
Features
Bonds Funds Savings Plans Stocks
Payment methods
Credit Card Giropay Neteller Skrill

Account Information

Account from
£100
Deposit Fees
£0
ETFs
10
Leverage
1:30
Margin trading
Min. Trade
£1
Stocks
200+
Trade fees
Commission, overnight fee
Withdrawal Fees
£0 - £1%

Fees per trade

Crypto
0.1% - 1%
ETFs
0.1% - 0.175%
Stocks
0% - 0.58%
Total Fees (over 12 months)
$ 1.20

83% of retail investor accounts lose money when trading CFDs with this provider.

Account Information

Account from
£100
Deposit Fees
£0
ETFs
10
Leverage
1:30
Margin trading
Min. Trade
£1
Stocks
200+
Trade fees
Commission, overnight fee
Withdrawal Fees
£0 - £1%

Fees per trade

Crypto
0.1% - 1%
ETFs
0.1% - 0.175%
Stocks
0% - 0.58%

Rating

Total Fees (over 12 months)
$ 0.60
What we like
  • Low fees
  • Supports algo trading
  • High quality charting
Cost per trade
Account Fees
Mobile App
7/10
Features
CFDs Crypto Stocks
Payment methods
Credit Card Neteller Skrill

Account Information

Account from
£100
Deposit Fees
£0
Leverage
1:30
Margin trading
Stocks
700+
Trade fees
Spreads
Withdrawal Fees
£0

Fees per trade

CFDs
0.01 - 350 pips
Crypto
0.09 - 85 pips
Stocks
0.01 - 4 pips
Total Fees (over 12 months)
$ 0.60

There is no guarantee you will make money with this provider. Your capital is at risk.

Account Information

Account from
£100
Deposit Fees
£0
Leverage
1:30
Margin trading
Stocks
700+
Trade fees
Spreads
Withdrawal Fees
£0

Fees per trade

CFDs
0.01 - 350 pips
Crypto
0.09 - 85 pips
Stocks
0.01 - 4 pips

Rating

Total Fees (over 12 months)
$ 0.00
What we like
  • No deposit or withdrawal fees
  • Trade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips.
  • Low $100 minimum deposit to open a trading account
Cost per trade
Account Fees
Mobile App
9/10
Features
Bonds CFDs ETFs Crypto Stocks
Payment methods
Credit Card Neteller Skrill

Account Information

Account from
100
Inactivity Fees
16
Leverage
1:400
Margin trading
Min. Trade
1

Fees per trade

Bonds
0.03- 0.06%
Crypto
0.05 - 2%
ETFs
desde 0.0013
0.0058%
Stocks
0.13 - 0.36%
Total Fees (over 12 months)
$ 0.00

AvaTrade is a great option, if you want to trade forex, CFDs, and popular cryptos with competitively low spreads and no commissions then . Clients have unfettered access to a demo account as well as the MT4 and MT5 series of platforms.

Account Information

Account from
100
Inactivity Fees
16
Leverage
1:400
Margin trading
Min. Trade
1

Fees per trade

Bonds
0.03- 0.06%
Crypto
0.05 - 2%
ETFs
desde 0.0013
0.0058%
Stocks
0.13 - 0.36%

Below, you will find the detailed process that you need to follow in order to buy Palantir stocks.

Step 1 – Choose a Broker to Buy Palantir Stocks

The first thing to do, even before you start analysing Palantir as a company and an investment, is to decide what broker you wish to use in order to trade. Your choice of broker is an extremely important decision that will have a direct and significant effect on your bottom line. For example, if you choose a broker that charges very high commissions, then your profits will go down significantly because you will pay a lot in fees.

Luckily, we have done this analysis for you already, and have managed to select the top 4 brokers that you should consider for all your trading needs. A detailed review of each of these platforms has been given below.

1. eToro – Leading Social Trading Platform with Commission-free Stock Trading

is palantir a buy eToro is a social trading platform that has quickly become one of the leading trading platforms and brokers in the world, with more than 20 million traders across the world using eToro for their trading requirements. It was launched in 2006 and is a very highly regulated broker, regulated by agencies such as the FCA, CFTC, and the CySEC. It also has some of the most competitive fees of any platform in the same league and allows commission-free trading. Their spreads are also quite low when compared to their closest competitors.

An additional reason why eToro is so highly preferred among traders is the fact that it offers a very wide variety of products to choose from. Through eToro, traders can access over 2400 different markets across asset classes including cryptocurrencies, commodities, stocks, indices, and ETFs. eToro enables you to buy hundreds of stocks, including Palantir, in the traditional way as well as stock CFDs. By trading CFD derivatives you can trade on a speculative basis, as well as use leverage of up to 5:1. Traders who hold a CFD stock position, do not take ownership of the underlying asset or obtain shareholder rights.

should i buy palantir stock

Another reason why eToro is so popular is its design and layout. The platform has been designed like a social media platform, which means that it is very easy to navigate, even for those that have no prior experience with trading. This gives it a significant advantage over other platforms, which usually have complicated interfaces that take time to get used to. eToro’s interface is designed in a very intuitive manner, making it extremely easy to navigate. They also offer a demo account that users can use in order to get familiar with the platform, the search and order process, as well as for testing out strategies before they put their capital at risk.

However, perhaps the most attractive feature about eToro is its social trading capabilities. Firstly, the platform has a news feed option, through which you can get informed about the latest happenings with individual companies, commodities, as well as macroeconomic events in general. In addition to this, they also have social feeds, where you can see what other traders are saying about a particular trading instrument. This is a very useful tool to try and understand market sentiments about an instrument. Lastly, it also allows you to copy trade, which is basically copying other more experienced traders to take advantage of their expertise. There are thousands of traders that you can choose from and copy on eToro, and you can sort through them on the basis of their asset class as well as the gains they’ve had over the past few months.

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

  • Allows fractional share ownership
  • Highly regulated by the FCA and CySEC, among others
  • A wide variety of asset classes is available
  • Ability to own traditional shares as well as trade through CFDs
  • Paper trading demo account available
  • Copy-trading facilities available

Cons

  • Only supports USD as the base currency
  • Not suitable for advanced technical analysis

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 – The Best CFD Zero-Commission Broker with 2700+ Stocks

buy palantir stock Another very popular broker that you can use in order to buy Palantir shares is Capital.com. It provides access to stock, cryptocurrencies, commodities, and forex CFDs through exposure to 15 international markets and access to a wide range of financial instruments. One of the drawbacks of Capital.com as compared to other platforms such as eToro is that you cannot invest in traditional stocks through Capital.com, you are only allowed to own CFDs.

This means that you will not own Palantir stocks, and instead will only be betting on the direction in which these stocks will move. This has several advantages and disadvantages. The advantage is that you will be able to invest with leverage, which is not usually the case when you pay traditional stocks. For example, if you wish to buy $3000 worth of Palantir stock. If you choose to buy traditional stocks, you will have to put up all of the $3000 yourself. However, if you choose to invest through CFDs on Capital.com, then you will be able to employ leverage of 5x, meaning that for every $1 you invest, Capital.com will invest another $5. Thus, you can buy stock worth $3000 by investing only $500 of your own capital. The disadvantage, however, is that you will not be a shareholder of the company, and as such, will not be entitled to dividends or voting rights.

how to buy palantir stock

Capital.com operates on a commission-free basis, and also offers some of the lowest spreads in the industry. For example, you can trade Palantir with spreads as low as 0.09 pips. Their web-based platform also allows you to use a variety of technical indicators to assist with your analysis of Palantir stock prices, such as the use of Bollinger Bands or the MACD. For example, you can set up PLTR analysis and fundamental data as a dominant part of your feed. Capital.com offers real-time market updates and several chart formats, compatible with Windows and Apple operating systems, as well as iOS and Android mobile devices.

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

  • Commission-free trading of stock CFDs
  • Wide variety of methods to deposit funds into your account
  • 24/7 customer support available
  • Very low minimum deposit of just $20
  • Regulated by the FCA as well as the CySEC

Cons

  • Cannot set price alerts on the web platform
  • Does not allow for traditional stock ownership
  • Copy-trading facilities not available

75.26% 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.

3. Libertex – Best Platform for High Leverage and Technical Analysis

palantir buy or sell The third most popular broker that you can use in order to buy Palantir stocks is Libertex, which is known for charging extremely tight spreads. At the same time, however, the platform does charge commissions on every trade you make, though these are limited to just 0.1% per slide. The platform has an app that is available for both Android and iOS, that you can use in order to monitor your positions on the move and also to trade and keep up with the markets.

In addition to stocks, Libertex also allows you to trade a wide variety of markets including commodities, indices, crypto assets, and forex pairs. The platform offers leverage of up to 30x for CFDs in retail accounts, however, if you meet the criteria to qualify for a professional account, you can trade with leverage of up to 1000x. To be eligible for this, you have to prove that you are an experienced trader and that you know what you are doing. You can do this through a questionnaire that they have. Libertex is also compatible with the MT4 trading platform, which allows you to carry out advanced technical analysis and set up trading bots for a variety of instruments.

buy palantir

However, just like Capital.com, Libertex only allows you to trade on CFDs and not the underlying asset. The minimum deposit required to get started is $100, although Libertex also offers a demo account. You can meet the minimum deposit with a debit/credit card, bank wire, and a selection of e-wallets.

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

  • Extremely tight spreads for CFD trading
  • High leverage provided on a variety of instruments
  • Good resources for education and awareness
  • Compatible with the Mt4 trading platform
  • Large choice of markets
  • Regulated by the CySEC

Cons

  • Does not allow for traditional stock ownership
  • Copy-trading facilities not available

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.

4. AvaTrade – The Best Platform For Automated Trading Strategies

is palantir stock a good buy Lastly, another very popular trading platform that can be used for your trading requirements is AvaTrade, which is a CFD trading platform that allows you to trade stocks, commodities, forex, digital currencies, bonds, futures, options, indices, ETFs, and more. It offers one of the fastest account opening processes among all the brokers and provides you with an option of several trading platforms that you can choose from. These include the MT4 trading platform, the MT5 trading platform, ZuluTrade, and other similar platforms that cater to specific asset classes or experience levels. Therefore, AvaTrade is the best platform to set up automated trading strategies. On the other hand, AvaTradeGO is the mobile app designed by the platform itself and is particularly popular with newbies.

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When it comes to the fundamentals, AvaTrade allows you to enter and exit positions on a commission-free basis. Spreads are very competitive, especially when trading major FX pairs. You will need to meet a minimum deposit of $100 to get started – and supported payment types include debit/credits and bank transfers. Depending on your location, you might also be able to deposit with an e-wallet. Finally, AvaTrade is regulated in six different jurisdictions – so safety should not be a concern.

Avatrade fees:

Fee Amount
CFD trading fee Variable spread
Forex trading fee Spread. 0.9 pips for EUR/USD
Crypto trading fee Commission. 0.25% (over-market) for Bitcoin/USD
Inactivity fee $50 per quarter after three months of inactivity
Withdrawal fee Free

Pros

  • Supports the MT4 and MT5 Trading Platforms
  • Commission-free trading
  • Wide range of instruments and markets accessible through the platform
  • Educational material and economic calendar present to assist with trading
  • Regulated by a variety of agencies across the world

Cons

  • Does not allow for traditional stock ownership
  • Copy-trading facilities not available

71% of retail CFD accounts lose money with this provider.

How To Buy Palantir Stocks – Brokers Comparison

Trading
Platform Fees
Stock trading
fees
Forex trading
fees
Overnight
fees
eToro Free Variable spread Overnight fees for CFDs. No overnight fees for non-leveraged stocks, ETFs, and crypto.
Capital.com Variable Spread Variable spread Yes. Based on leverage for stocks, crypto, and thematic assets. Based on the entire value of position for forex, commodities, and indices.
Libertex 0%-0.46% commission Commission Yes. Taken at end of each trading day at 9 pm GMT as interest, which may be positive or negative. For CFDs, the overnight fee is triple when holding from Friday to Monday.
Avatrade Variable Spread Spread. 0.9 pips for EUR/USD Yes. Charged on positions that remain open at 22:00 GMT. Applies to all instruments.

Step 2 – Research on Palantir Stocks

Once you have selected a broker that you wish to use in order to trade, the next step is to research the stock you wish to buy, which in this case is Palantir. There are several different things that you should keep in mind when trying to analyse a company, and these all fall into one of two forms of analysis: technical and fundamental. Technical analysis only focuses on the stock price and tries to spot patterns in the movement of the prices, and is largely unconcerned with what the company does. On the other hand, fundamental analysis centres upon analysing the company and its future prospects and arriving at an intrinsic value for the company, which is then used to ascertain whether the stock is undervalued or overvalued.

All the information that you need to know about Palantir before you decide to invest in the company has been given below.

What is Palantir?

Palantir is an American software company that specialises in big data analytics. They build platforms for integrating, managing, and securing data on top of which we layer applications for fully interactive human-driven, machine-assisted analysis. The company was founded in 2003 by a variety of investors and entrepreneurs including Peter Thiel, who has also founded PayPal in the past.

The company is known for three projects in particular: Palantir Gotham, Palantir Metropolis, and Palantir Foundry. Palantir Gotham is used by counter-terrorism analysts at offices in the United States Intelligence Community and the United States Department of Defense. Gotham was also used by cyber analysts at Information Warfare Monitor, a Canadian public-private venture which operated from 2003 to 2012. Palantir Metropolis is used by hedge funds, banks, and financial services firms. Palantir Foundry is used by corporate clients such as Morgan Stanley, Merck KGaA, Airbus, and Fiat Chrysler Automobiles NV.

Palantir’s original clients were federal agencies of the USIC. It has since expanded its customer base to serve state and local governments, as well as private companies in the financial and healthcare industries.

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.

Palantir Stocks Fundamentals

There are two aspects to analysing the fundamentals of a company: understanding the investment thesis associated with it, and the risks that the company could potentially face moving forward. Both of these have been discussed individually below.

Palantir Investment Thesis

There are several reasons why Palantir makes a good investment. For starters, most of the key metrics of the company point towards a high level of profitability. For example, the earnings per customer and the deployment times for the company’s software have been steadily declining over the years, meaning that economics of scale, as well as more efficient technologies, would result in the company getting better and eliminating a large portion of their costs in the future. This is very important for a fundamental analyst because it means that gradually the company will begin to turn profits and will show a higher level of growth than current levels, leading to an increase in the share price of the company.

In addition to this, the company also has a very high scope for expansion. Currently, their largest source of income is government contracts, and their good relationship with the current US administration means that they are well poised to maintain this revenue stream. This means that as their costs reduce, their revenues will stay constant or even increase, leading to a higher profitability margin for the company. For example, the company was recently awarded multiple government contracts, including a $111 million Special Ops contract. Most other macroeconomic indicators and exports also concur that the US government is not likely to taper down its spending on defence technologies anytime in the future, meaning that Palantir is well-positioned to reap the benefits of large government contracts. At the same time, the company has also been making strides with regard to its private sector clients.

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 company has faced a few weak quarters recently, which has emboldened the bears and taken the price of the company’s stock down, but the metrics show that the company is winning new customers with every quarter. As most of Palantir’s customers are long-term, this bodes very well for the company as it means that Palantir will be able to earn revenues from these customers even in the future. For example, according to their Annual Report, In Q3 2021, Palantir added 34 net new customers, i.e., 20% q/q growth in total customers. The commercial customer count outpaced total customer growth by growing at 46% q/q, representing clear business momentum for Palantir’s commercial offerings. The company is also offering its platforms for smaller companies now at affordable rates, particularly the Foundry platform. This is a source of commercial revenue that is expected to significantly increase over the coming years. Furthermore, Palantir’s deal closure data shows that Palantir’s big investments in Sales and Marketing are paying off quite handsomely. At the end of Q3, Palantir had $3.6B in total remaining deal value, giving the company a strong pipeline for the next few years.

Palantir Risks

There are also significant risks associated with investing in Palantir. The biggest risk among these is the fact that the company has not turned a profit over the past 17 years since it was founded, especially given that revenues have increased exponentially in these years. This is a concerning factor and implies that the resources of the company are not being managed efficiently.

In addition to this, the company has also been spending a lot of money historically on stock-based compensation, which is basically the process of paying employees in company shares instead of, or in addition to, salaries. This is a major part of the company’s expenses and has led to questions about whether the management of the company is more interested in the shareholder’s desire for profit maximisation or in getting themselves. While the high rates of stock-based compensation are a tactic designed to keep the best talent in the industry working at Palantir, this is a major risk since it means that the bar to touch profitability is much higher for Palantir than it would be without this expense.

Another risk stems from the fact that a major source of revenue for the company is government contracts, and this means that the company is largely dependent on these contracts. Therefore, if Palantir falls out of favour with the government, or if another company begins to get these contracts, then Palantir is at risk of losing its biggest revenue stream, and the company could even collapse.

Palantir Stocks Dividends

The dividends that a company pays are another important metric that you should look at when considering whether or not it is a good investment. Dividends have both advantages and disadvantages. Since they are a part of the profits that the company has gotten, this means that companies that pay out dividends have less money to invest in future capital projects compared to companies that do not pay dividends and instead retain their earnings. On the other hand, if you are invested in a company that pays dividends, then you have an additional source of return on your investment alongside the capital appreciation in the share price of the company.

In any case, as mentioned earlier, dividends are a part of the profits of the company that it chooses to return to its shareholders. Since PLTR does not have any profits, it has not paid any dividends to its shareholders to date.

Should I Buy Palantir Stocks?

Based on the investment thesis and the risks that have been discussed above in detail, you should only consider buying Palantir stocks if you are comfortable with the level of risk that is associated with the investment. While there is a definite upside in the company with the potential of reducing costs and increasing revenue, it is not without risk. Therefore, Palantir is definitely not a stock that is suitable for very risk-averse investors.

Is it Worth Investing in Palantir Stocks Nowadays?

After the financial results for Palantir for the third quarter of 2021 were declared, they underperformed expectations, and therefore, the share price of the company took a downturn. Therefore, the share price is at lower levels than it was earlier. Since the fundamentals of the company still remain unchanged, a lower price of the stock indicates that the company is more of a bargain than it was earlier. Therefore, if you are comfortable with the risk and your own research shows that the company is a good buy, then you should definitely consider buying Palantir stocks, especially so because the stock price is lower now.

Palantir Price Forecast

Currently, as of 27th November 2021, the share price of the company is $21. According to analysts at Yahoo Finance and most major investment bankers, the share price has a definite upside, with an average price forecast of $23 and a high forecast of over $30 a share. Therefore, there is an average upside of 10% and a bullish upside of up to 50% on the stock.

Step 3: Open Account & Invest with eToro

The process of opening an account with eToro is very simple and straightforward. The different steps associated with it have been discussed below in detail.

1- Create Your Account

is palantir a buy or sell

To open a live trading account with eToro you will need to make your way to the eToro.com website and click on the ‘Join Now’ link. This will populate the following online form where you will be required to enter all your personal details to set up a new trading account.

You are required to fill in all the relevant details as requested by eToro. Alternatively, you can log in with your Gmail or Facebook accounts. Before you submit the information you provided you are required to accept the Terms & Conditions and privacy policy. Then simply click on the ‘Create Account’ button.

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

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In keeping with the KYC process, eToro requires all new traders to supply proof of their identity, such as a copy of a valid passport, and confirmation of residence in the form of a valid bank statement dated within the last six months.

As part of the KYC regulations, new users need to answer a series of questions for eToro to better ascertain what type of service is perfectly suited to each trader’s profile and experience level.

3- Deposit Funds

palantir a good buy

Depositing funds into your new eToro account is a streamlined, fully digital process. There is a wide range of payment methods available including debit cards, credit cards, bank transfers, and an array of e-wallets such as PayPal and Neteller.

4- Buy Palantir Stocks!

You can either trade or invest in Palantir stocks:

  1. You can speculate on stock price movements via CFD derivative instruments, which allow you to use leverage to increase your buying power, and trade in both directions.
  2. You can trade stocks via traditional investment methods such as buying and selling real stocks.

The key difference between these two approaches is that with CFDs you do not take ownership of the underlying stock.

To buy Palantir stock through CFD derivatives, simply type Palantir in the search bar and click on the relevant result. Then tap on ‘Trade’ and pick either BUY or SELL based on your trading goals. Next, enter the stake amount, choose the amount of leverage and place your preferred order type. Finally, click on ‘Open Trade’ to execute your investment.

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.

Conclusion

All in all, Palantir is definitely a stock that offers significant upside. If you’re interested in investing in Palantir stocks to take advantage of the short-term price hit that the company has taken with a top-rated online social trading platform, we recommend using eToro. With commission-free trading, useful copy trading features, CySEC, ASIC, and FCA licensing, a free stock trading demo account with $100,000 worth of paper funds, and home to more than 20 million traders, eToro is an ideal stock trading platform to buy Palantir stock.

To buy Palantir stock today with as little as $50, simply set up an account with eToro and access fractional share trading.

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FAQs

What is Palantir?

Palantir is a technology company based in the US that specialises in big data analytics.

Can I buy Palantir stocks from overseas?

Yes, most offshore and overseas brokers also provide access to the US markets, thereby enabling you to buy stocks listed on the NYSE and NASDAQ, including Palantir.

Are Palantir stocks a buy?

Based on analyst forecasts as well as all fundamental and technical analyses of the company, Palantir is definitely a buy, with significant upside.

Can I invest in Palantir stocks from the US?

Yes, all you need is to set up an account with the right broker, and you will be able to invest in Palantir stocks.

Can I buy Palantir stocks in eToro?

Yes, Palantir stocks on eToro can be found by searching for either the company name (Palantir) or the company’s ticker (PLTR).

How do I invest in Palantir?

To invest in Palantir, you should set up an account with a broker, perform your research on the company, and then buy or sell the stock through your registered trading account.

About Nishit Kumar
About Nishit Kumar

I'm a second year Accounting and Finance student at the University of Warwick, in addition to being an incoming Trading Analyst at Morgan Stanley. I'm passionate about the financial markets and all things finance.

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