User-Friendly Platform Educational Resources Social Trading Features
Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Wikitoro Team Fact checked by Wikitoro Team
Updated Feb, 2024

To purchase Amazon stock on eToro, start by logging into your trading account or signing up if you're a new user. Search for "Amazon" or use the ticker symbol "AMZN" in the search bar, and select the asset from the Markets category, followed by clicking the "Trade" button. Enter the amount you want to invest, ensure the leverage is set to x1 for direct stock purchase, adjust your stop-loss and take-profit settings as desired, and then click "Open Trade" to execute the transaction.

Buy Amazon Stocks!

76% 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.

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Getting Started

Investing in Amazon, renowned for its diverse ventures in e-commerce, cloud computing, digital streaming, and AI, has long been an enticing prospect for me. For those eager to purchase Amazon stocks, eToro offers a user-friendly platform to begin. Here's my guide that aims to provide a clear, step-by-step approach to trading Amazon shares with this broker.

 

Steps to Buy Amazon Shares

To invest in Amazon stocks on this broker, follow these essential steps:

  1. Account Creation/Log-In: If you're new to the platform, sign up by visiting their website or app. The process is streamlined and intuitive. Existing members can simply log in.
  2. Finding Amazon: Use the search bar to type in "Amazon" or its ticker symbol "AMZN". Locate Amazon in the 'Markets' category and click the "Trade" button beside it.
  3. Investment Amount: Determine the amount you want to invest, with the minimum being $10. Its flexibility allows for the purchase of fractional shares, enabling investment in high-value stocks like AMZN.
    Entering Amazon stocks investment amount on eToro
    Entering Amazon stocks investment amount on eToro
  4. Leverage Settings: Keep the leverage at x1 to ensure you're buying real stocks. Increasing leverage changes your investment to Amazon stock CFDs.
    Setting Amazon stock leverage trade to X1
    Setting Amazon stock leverage trade to X1
  5. Setting Stop-Loss and Take-Profit: Customize your trade with stop-loss and take-profit settings to suit your trading strategy. This step is crucial for managing risk and aligning with your investment objectives.
    Setting eToro Amazon stocks trade parameters
    Setting eToro Amazon stocks trade parameters
  6. Executing the Order: Complete your investment by clicking "Open Trade". This action will finalize your purchase of eToro Amazon shares on the platform.
    Executing eToro Amazon stocks trade
    Executing eToro Amazon stocks trade

Key Takeaway

I find the process of buying Amazon stocks with this broker to be remarkably straightforward. In addition, its versatility allowed me to execute my stock trades and purchases via the app or web interface. The great thing about it is that this process I shared is applicable to all other stocks, so if you're able to get the grasp of it, then you can explore other assets of the same class to diversify your investments.

And that's a wrap! I hope that this guide has simplified your entry into AMZN stock investments on this platform.

 

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.

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mike has collaborated with businesses from the UK to Japan. He founded KEYZUNA, bridging Japanese businesses with global innovations. With a diverse background spanning high-tech to hospitality, Mike's articles at Wikitoro reflect his vast knowledge and unique perspective.

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76% of retail investor accounts lose money