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Wikitoro author Nick Zelver Written by Nick Zelver
Wikitoro fact checker Wikitoro Team Fact checked by Wikitoro Team
Updated Feb, 2024

To buy NIO stock on eToro, first login or create an investment account with this broker. Then, look for "NIO" in the search bar, select the asset under the Markets category, and click the "Trade" button. Input your desired investment amount, leave the leverage to X1,  set your stop-loss and take-profit preferences, and then hit "Open Trade" to finalize the order.

Buy NIO Stock!

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.

 

Getting Started

NIO, an innovative electric vehicle and clean energy company, has been drawing significant investor interest lately. If you're attracted to NIO's growth potential and innovative approach in the EV sector, eToro provides a straightforward platform for investing in its stocks. To aid you in this journey, I've put together a user-friendly guide for trading NIO stocks on eToro, designed to simplify your investment process.

 

Step 1: Login or create a trading account with eToro if you don't have one

For newcomers to this broker, start by setting up an account on their platform. Simply go to their website or use their app to register. If you're a returning user, access your account by logging in.

 

Step 2: Enter "NIO" on the search bar and hit the associated "Trade" button

Once inside your account, head to the search bar. Punch in "NIO". Among the results, pinpoint the eToro NIO asset under the Markets category. When you spot it, tap the "Trade" button adjacent to the listing.

 

Step 3: Input the sum you'd like to invest and keep the leverage to X1

Specify the amount you're prepared to invest in this stock. The smallest trade size you can set is $10. Following that, don't modify the eToro leverage and let it stay at X1. Using leverage would change your investment to stock CFDs so stick to the default setting in order to buy real stocks.

Entering NIO stocks investment amount on eToro
Entering NIO stocks investment amount on eToro

 

Step 4: Adjust the take-profit and stop-loss based on your trading inclinations

At this stage, your trading strategy becomes paramount. Determine your eToro stop-loss and take-profit configurations. If these settings seem a bit mystifying, it might be worthwhile to delve deeper with some research to match your investment ambitions.

Setting eToro NIO stocks trade parameters
Setting eToro NIO stocks trade parameters

 

Step 5: Press "Open Trade" to finalize the buy order

Feeling confident? Wonderful! Now, hit the "Open Trade" button. Voila! You've now acquired NIO shares through this online investment platform.

Executing eToro NIO stocks trade
Executing eToro NIO stocks trade

Final Thoughts

For individuals venturing into the realm of trading, I've observed eToro's platform to be remarkably intuitive, ensuring a streamlined trading escapade. Hence, if NIO shares are on your investment radar, this broker stands as a commendable gateway.

 

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 Nick Zelver About Nick Zelver

Nick is the Senior Content Editor at Wikitoro.org with over 15 years in online marketing. A graduate of Toronto Metropolitan University, he has strategized for More Sales Inc. and led online sales at GlassesUSA.com. His journey through digital marketing, e-commerce, and account management has equipped him with a unique perspective. Every article he pens is infused with his real-world experiences, aiming to guide and inform readers.

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76% of retail investor accounts lose money