To purchase Tesla stocks on eToro, first ensure your account has sufficient funds. Once logged in, use the search bar to locate 'TSLA'. Enter the desired investment amount, and then execute the transaction by selecting "Open Trade" during market hours or "Set Order" when the market is closed.
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.
Investing in Tesla, a pioneering force in the electric vehicle and clean energy sector, has increasingly caught my attention. If you, like me, are considering this investment opportunity, eToro provides a user-friendly platform to start. I've compiled this simple step-by-step eToro Tesla trading guide to assist you in embarking on this exciting venture.
If you're not already a member, your first step is to sign up for an account with eToro. The process is straightforward. Just visit their website or app, and follow the sign-up procedure. For existing users, simply log in to your account.
Once you're logged in, head to the search bar. Type in "Tesla" or its ticker symbol "TSLA". A list of results will appear; look for Tesla under the Markets category. When you find it, click on the "Trade" button next to the listing.
Decide on the amount you want to invest in Tesla. Remember, the minimum investment for stocks on eToro is $10.
This step involves tailoring your trade to your preferences. Set your leverage, stop-loss, and take-profit settings. If you're new to these concepts, it's wise to do some research to ensure they align with your investment goals. Note that using leverage means you'll be trading stock CFDs, which is not available in some countries, including the USA.
Once everything is set, click the "Open Trade" button. If the market is still closed, the button will be "Set Order". Click on this and the order will be placed once the market opens. Congratulations, you've now invested in Tesla shares via this platform!
For those new to trading, eToro's interface is notably user-friendly, offering a smooth and straightforward trading experience. If you're looking to diversify your portfolio with Tesla stocks, eToro is a great platform to start with. Best of luck on your stock trading journey!
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.
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