SELECT * FROM future.stocks WHERE name like '%amazon%' LIMIT 1; How To Buy Amazon Stock ? - Grow Your Financial Portfolio

How To Buy Amazon Stock

You can buy Amazon shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Amazon shares with a broker like eToro or you can trade Amazon CFDs with XTB you can begin trading Amazon shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Amazon stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB FP Markets City Index Trading212 Plus500
Rating
Used By 12,000,000+ 250,000+ 10,000+ 14,000+ 14,000,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Amazon Stock. What you should know, Types of trading Amazon Stock and CFD's. Pros and Cons, everything is explained below.

Amazon Financial Details

Financial Details

Amazon Stock symbol AMZN
Amazon Sector and Industry Consumer Discretionary Retail - Discretionary
Amazon Exchange NASDAQ - National Association of Securities Dealers Automated Quotations exchange
52 Week High $2,055.72
52 Week Low $1,566.76
Amazon Market Capitalisation $1,010,942,490,029.00
Amazon Average Volume 3,519,449.00
Amazon PE 90.48
Amazon EPS 22.6
Stock Currency USD

Overview of Amazon

Amazon is an American Consumer Discretionary Retail - Discretionary company currently traded on the NASDAQ which fully known as the National Association of Securities Dealers Automated Quotations exchange.

Amazon trades under the stock symbol AMZN on the NASDAQ.

Amazon shares are exchanged in USD on the NASDAQ.

Amazon has a current share price of $2039.19 USD dated 31/01/2020.

The highest Amazon share price over the last 52 weeks was $2,055.72 USD and its lowest price over the last 52 weeks was $1,566.76 USD. That is a 52 week price range of $1,566.76 - $2,055.72.

Amazon Trading Volume and PE

Amazon currently has 495,797,000.00 active shares in circulation traded through the NASDAQ exchange.

Amazon market capitalization is $1,010,942,490,029.00 with an average daily trading volume of 3,519,449.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Amazon has a Price Earning Ratio ( PE ) of 90.48 and earning per share ( EPS ) of 22.6. Generally speaking Amazon having a high P/E ratio means that Amazon investors forsee increased growth with Amazon in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Amazon earnings per share is Disney company profit that's allocated to every Amazon common stock. Earnings per share is calculated by taking the difference between Amazon's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Amazon shares outstanding.

Amazon Financial Charts

Financial Details

Amazon Information

Amazon Location & Contact Information

Address 410 Terry Avenue North Seattle, WA 98109 United States
Phone Number 1-206-266-1000
Website URL www.amazon.com

Amazon Executives and Board Members

Chairman/President/CEO/Founder Jeffrey P Bezos
CEO:Web Services Andrew R Jassy Andy
CEO:Worldwide Consumer Jeffrey A Wilke
Amazon Board Member Jeffrey P Bezos
Amazon Board Member Jonathan Jake Rubinstein
Amazon Board Member Indra K Nooyi

How To Buy Amazon Stock Guide

Buying Amazon Stocks and CFDs

When investing in Amazon you have several options as to what type of investment you wish to conduct. You can buy traditional Amazon shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Amazon shares with stock brokers and trading Amazon with CFDs below.

Amazon CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Amazon stock.

If you buy Amazon shares with a stock broker you actually own a share of Amazon. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Amazon price will change up or down.

Lets explain why you would buy Amazon as a CFD instead of as a share.

If you went and brought 100 Amazon shares at $100 a share with a stock broker you own $1000 of Amazon.

The main difference when trading Amazon as a CFD and buying Amazon as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Amazon you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Amazon. Trading an Amazon CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Amazon CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Amazon share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Amazon CFD long would be hoping to profit from a rise in the Amazon share price. An Amazon CFD short would be aiming to profit from a fall in the Amazon stock price. Trading CFDs allows traders to profit from both directions of the Amazon price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Amazon shares you can only profit from a rise in the Amazon stock price.

Amazon CFD and Stock Market Times

When trading in traditional Amazon shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Amazon Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Amazon stock. This limits your risk to your initial amount invested in Amazon. You can only lose the amount invested with traditional Amazon shares. Another benefit of buying Amazon shares with a broker is that you may be eligible to receive Amazon company dividends if applicable.

If you Invest in Amazon via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Amazon. If you buy Amazon stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Amazon benefits as in owning a certain amount of stock for a set period.

If you own shares in Amazon you may be eligible to voting rights at Amazon shareholder general meetings.

Amazon Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Amazon Stocks and shares are only exempt from tax if the Amazon shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Amazon Stocks and Shares or Amazon CFDs?

There are pros and cons to trading in both Amazon Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Amazon stocks and shares is better suited for long term investments. Historically Amazon shares provide better returns over the long term, usually a 10 year period.

Amazon CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Amazon share investors aim to profit on the fluctuating highs and lows of the Amazon price throughout the day. Day trading as you can imagine focuses on profiting from the daily Amazon stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Amazon stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Amazon share price for example to a known amount.

Example Cost of Buying Amazon as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Amazon CFD trade example Amazon Share deal example
Market price $2039.19 $2039.19
Broker Deal Invest $407.838 at 1:5 Margin (20%) Buy at $2039.19 a share
Deal size 100 shares 100 shares
Initial outlay

$40783.8

(Margin = exposure x 20% margin factor)

$203919

(100 shares at $2039.19)
Stamp duty No £20
Close price Sell at $2447.028 Sell at $2447.028
Estimated Profit

(407.838 point increase x 100 shares = $40783.8)

*Not including commission fees and taxes

($244702.8 - $203919 = $40783.8)

*Not including commission fees and taxes
Trade Amazon CFDs now with XTB Trade Amazon Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Amazon shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Amazon.