How do I buy Facebook stock on eToro?

Written by Mike Druttman

Reviewed by Nadav Zelver

Introduction to eToro and My Fascination with Facebook Stock

When I decided to delve into the world of stock trading, eToro became my platform of choice, thanks to its user-friendly interface and rave reviews from peers. My first stock? Facebook. Having observed its consistent growth and prominence in the tech sector, I was convinced it was the right start for my portfolio.

My Experience Setting Up an eToro Account

Signing up on eToro was simpler than I anticipated:

• I began on their website, filled in my details, and was swiftly guided through a seamless verification process. The security measures assured me that my investments would be safeguarded.

Funding: A Personal Anecdote

Choosing to fund my eToro account via bank transfer, I appreciated the platform’s transparency about processing times. The slight wait was worth it, considering the peace of mind the secure transaction provided.

Navigating eToro: My First Impressions

Finding Facebook stock was intuitive. I typed "Facebook" in the search bar, and voilà, everything I needed was at my fingertips—charts, news, and in-depth statistics that enriched my understanding.

My First Purchase of Facebook Stock on eToro

I remember the adrenaline rush when I clicked "Trade" for the first time. I opted for a 'Market' order, investing a modest amount. The system’s option to set a stop loss was a revelation, ensuring I could cap potential losses.

Being Mindful of Fees: What I Learned

I've found it essential to acquaint oneself with eToro’s fee structure. A friend once overlooked the overnight fees, and sharing that experience here serves as a reminder to always be informed.

Monitoring My Investment: A Rollercoaster of Emotions

Every morning, I'd eagerly check my 'Portfolio' on eToro. The analytics tools became my best friend, helping gauge the performance of my Facebook stock and guiding future decisions.

The Inherent Risks: My Personal Take

Like many, I’ve had my fair share of ups and downs. The stock market's unpredictability has taught me patience and the value of diversification. My experience with Facebook stock? Mostly positive, but always a learning journey.

Conclusion: My Tips for Fellow Traders

For those embarking on the eToro adventure:

• Continually educate yourself.
• Start with a clear strategy but be open to evolving it.
• Remember, every trade is a blend of research, intuition, and a dash of luck.

FAQs: What I've Been Asked by Fellow Newbies

Did I buy fractional shares of Facebook on eToro?

Indeed! eToro's fractional trading feature allowed me to start small, testing the waters before diving in.

My thoughts on eToro's CopyTrader feature with Facebook stock?

I experimented with CopyTrader, mirroring a few seasoned traders. It’s an intriguing feature, especially when you're keen to learn from others.

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. 61% 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.