eToro Alibaba

Written by Mike Druttman

Fact checked by Nick Zelver

Updated Mar, 2024

Context

Alibaba, established in 1999, stands as China's premier online retailer. It operates a diverse range of online marketplaces, including Tmall and Taobao, offering a platform for consumers and merchants to buy and sell products. Beyond its online marketplaces, Alibaba encompasses traditional stores, cross-border and international marketplaces, and its Cainiao logistics division. The company's e-commerce segment is the primary source of its revenue and profits.

Did you know?

Investing in Alibaba shares can be efficiently managed through eToro's online trading platform. To assist you in this venture, I have prepared a detailed guide complete with personal insights. This guide will provide clarity on investment options and demonstrate how to effectively utilize the tools available for trading this stock.

The Alibaba Asset Page

On navigating to the Alibaba stock asset page on eToro, you'll be presented with the Overview section. This default area displays several key elements that provide a comprehensive snapshot of Alibaba's stock. Here's what you'll find in order:

1. Graph: Showcases Alibaba's stock performance over time, offering a clear visual of market trends and historical data.
2. About: Provides a brief summary of Alibaba, giving essential information about the company and its operations.
3. Latest News: Features recent news relevant to Alibaba, supplied by CityFALCON, keeping you informed about the latest developments and market influences.
4. Analyst Forecast: Includes a 12-month forecast based on a composite of projections from analysts with a 4+ star rating. It's important to note that this is an aggregated insight and not a prediction by eToro, nor should it be taken as investment advice.
5. People Also Bought: Highlights other stocks that are currently popular among traders, offering a glimpse into broader market interests and trends.
6. Copy Investors: Lists the top-performing traders investing in Alibaba. By clicking the "Copy" button next to a trader's profile, you can easily proceed to the copy trading window, allowing you to replicate their investment strategies.
7. Discussions: This section features posts and conversations from other traders interested in Alibaba. You have the option to filter the feed to either top discussions or view all discussions. Here, you can interact by liking, commenting on, or sharing posts, engaging with the eToro community and gaining diverse perspectives.
   

   

Tools You Can Use

The integrated eToro stocks trading tools have significantly enhanced my investing experience with this asset. Here's an overview of the tools I found particularly useful:

• Chart: This tool provides a live chart of Alibaba's stock, allowing for customization to display price movements from 1 minute to 1 week. This flexibility is crucial for both short-term and long-term market analysis.
• Analysis: Powered by CityFALCON, the analysis feature includes several informative sections, such as Analyst Consensus, Analyst Price Target, Analyst Ratings, Hedge Fund Activity, and Insider Transactions. These insights are invaluable for informed trading decisions and are available to verified and funded accounts.

Trading Alibaba on eToro

To trade Alibaba stock on eToro, first search for the underlying asset. You can choose to either "Buy" or "Short" the stock based on your market assessment. After deciding on the investment amount, set your trading parameters, like stop loss and take profit levels, and then execute the trade. This process is streamlined and user-friendly, accommodating traders of all experience levels.

Copying Alibaba Stock Traders

A unique feature I appreciate on eToro is the CopyTrader function. It allows you to emulate the trades of experienced Alibaba stock investors. By using the filter tool, I refined my search for suitable traders. Once I chose a trader, I simply determined the amount I wanted to invest in their Alibaba trades and clicked the "Copy" button to begin automatically replicating their trading positions.

Highlights of My Experience

Given that I've invested in Alibaba (BABA) stock several times already on this platform, I have identified several advantages:

• You can start trading with as little as $10, making it accessible for a diverse range of investors.
• This broker offers commission-free trading on actual Alibaba stocks, which enhances the affordability of your investments.
• The platform is designed for ease of use, accommodating traders of all skill levels. You can switch between the app and the web-based interface whenever you want.
• You'll be able to access a variety of tools directly from the platform.
• You can follow and copy the positions of more experienced BABA traders.
• You can engage in larger trades by committing a smaller amount of capital through leverage. However, it's important to note that leverage involves trading Alibaba stock CFDs (Contracts for Difference), which are not available in some countries, including the USA.
• As a verified and funded account holder, I have access to a suite of advanced trading tools that enhance the trading experience and decision-making process.

And that's how it's done!

These are the key aspects to keep in mind if you're considering trading Alibaba stocks on eToro, through either the web platform or the mobile app. Remember to utilize the tips and tools mentioned in this guide to enhance your online trading journey. They're designed to help you make more informed and effective investment decisions.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.