How to buy Tesla Motors, Inc. (TSLA) stocks from Spain

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How to buy Tesla Motors, Inc. (TSLA) stocks from Spain.

How to buy Tesla Motors, Inc. stocks in SpainHow to buy Tesla Motors, Inc. stocks (TSLA) from Spain in a few easy steps explained. The world is changing quickly and with an online stock market, buying stocks from the NASDAQ exchange is now an option for everyone this planet. So it’s also easy to purchase your Tesla Motors, Inc. stocks from your lazy chair. In this article we explain step by step how you can buy Tesla Motors, Inc. stocks. Wherever you are, if you've an online connection, some money on the side and a device you're ready for it! When you follow these steps you can own your first Tesla Motors, Inc. stocks today! How cool!

TIP! Before starting with the article below, make sure you create an account (only 1 minute) so you can follow the steps below directly. (saves time!)

Key takeaways

  1. Find the best broker for your Tesla Motors, Inc. (TSLA) stocks
  2. Trade with confidence on the world's leading social trading platforms
  3. Learn how to buy Tesla Motors, Inc. stocks within your account
  4. Buy Tesla Motors, Inc. stocks for the right price!
  5. What to do when you own Tesla Motors, Inc. stocks

How to buy Tesla Motors, Inc. stocks (TSLA) for beginners in Spain

  • Step 1 - Create & secure an online broker account
  • Step 2 - How much Tesla Motors, Inc. stocks should I purchase?
  • Step 3 - Payment methods buying Tesla Motors, Inc. stocks
  • Step 4 - Trade or purchase your first Tesla Motors, Inc. stocks (TSLA)
  • Step 5 - Prepare for the stock market
  • Step 6 - More information about buying Tesla Motors, Inc. stocks

Click here to create your free broker account and start buying Tesla Motors, Inc. (TSLA) stocks within minutes! NO transaction fees and NO management fees!

Where to buy Tesla Motors, Inc. stocks (TSLA) from Spain

TIP: No management fee or transaction fee! So you can invest what you save into your stocks. ❤

How to buy Tesla Motors, Inc. stocks in SpainWith traders from Spain and over 20M+ traders globally eToro can name itself one of the largest online exchanges for stock brokers in the world. Big advantage is that the interface is very simple to purchase Tesla Motors, Inc. stocks on the NASDAQ exchange. Besides that the website is accessible in over twenty languages. Most trading platform ask for a management and or transaction fees for trading BUT eToro has NO management nor transaction fees. Once you bought Tesla Motors, Inc. stocks (TSLA) you can see and manage your stock portfolio online in your own portfolio.

Benefits of eToro online stock exchange
  1. No limit on trading volume
  2. Possibility to buy fractional stocks
  3. Receive updates on the markets
  4. Free access to strategies of professionals
  5. Simply Auto Copy Strategies of professionals

Step 1 - Create & secure an online broker account

Click here to go create a safe online broker account on eToro to buy your stocks from Spain

Strong password

Fill in your email & strong password, tick the checkbox “I agree to the eToro Term of Use” and click register.

Verify your email address

Check your inbox and confirm your email address. Sometimes the verification email has entered the SPAM box. So when you don’t receive an email within 5 minutes please check your SPAM box.

Complete your profile

Great! Your eToro account is alive! Follow the steps and make your account as up to date as possible. Very important to add your phone number so you can make your account secure with 2FA authentication.

What is 2FA?

With 2FA you will generate a security code every time you login with a new session. This will help to prevent other people from getting access to your account. Most used 2FA authentication options are SMS and authenticator apps like Google Authenticator. eToro is using SMS for 2FA

You've an active account now!

Your account is ready to use and buy Tesla Motors, Inc. stocks (TSLA)

Step 2 - How much Tesla Motors, Inc. stock (TSLA) should I buy?

The good thing about stocks is that you can divide them and also buy small pieces of a full stock. This way you still own your piece of Tesla Motors, Inc. stocks without investing large sums of money. An extra benefit of buying parts of stocks is that you can diversify your stock portfolio much easier.

Buying stocks with confidence

It's good to first try with a small amount to gain confidence about the procedure of buying Tesla Motors, Inc. stocks (TSLA) and then scale up your transactions and purchase more Tesla Motors, Inc. stocks of the NASDAQ from Spain.

Step 3 - Payment methods buying Tesla Motors, Inc. stocks (TSLA)

eToro has over 10 different payment options to deposit money and purchase your Tesla Motors, Inc. stocks (TSLA) from Spain. Easily select your preferred currency and the payment option you want to use. Of course they also provide the most used payment methods like Credit Card, Bank Transfer & PayPal.

Note: every country has different payment options, simply login and check the payment methods for your country.

Step 4 - Buy your first Tesla Motors, Inc. stocks (TSLA)

Once you deposit money on eToro you will be able to buy your first Tesla Motors, Inc. Stocks. Make sure before starting to read the following paragraph carefully.

Is eToro Safe?

eToro has been online since 2007 and has a great system in place, they are continuously striving to implement industry best practices to ensure that depositing money into your eToro account is safe, private and secure. All transactions are communicated using Secure Socket Layer (SSL) technology, safeguarding your personal information.

Minimum and maximum deposit

The minimum amount you can deposit from Spain is $50 and the maximum deposit is $10,000 per day. This is for both first time deposits and redeposits.

Difference between Trade (market order) & Order (limit order) on eToro

Market Order

With a market order you can buy or sell an asset, stock or crypto currency for the best available price at that moment. If the market is open eToro will execute your order as soon as possible for the best available market price. You will see your order once eToro has settled your trade. (most of the time within seconds). When the market is closed eToro will execute your order when the markets reopen again. For less common stocks, you may only be able enter orders during market hours.

Limit Order

The great thing about a limit order is that you can know what price you pay exactly for your asset as you choose the rate. At eToro you can set your price and buy or sell at that given rate. The order will only be executed when it hits that exact price. This way you can set your orders in advance and take profit or buy stocks at your rate without watching your screen all the time. You’re able to cancel a pending limit order at any time and reinvest the budget that wasn’t used for the trade.

Buy Tesla Motors, Inc. (TSLA)
Steps to buy your Tesla Motors, Inc. stocks (TSLA) from Spain
  1. Deposit the amount you want to invest
  2. In the panel navigate to Trade Markets
  3. Search for the Tesla Motors, Inc. stocks (TSLA)
  4. Click on trade
  5. Click on the dropdown in the right top corner and select Order (limit order) or Trade (market order)
  6. With limit orders you can decide for what price you want to buy the stocks
  7. If you choose Trade, you will buy the stocks for the current price (market order)
  8. Decide the amount you want to invest in Tesla Motors, Inc. stocks (TSLA)
  9. Click Set Order / or Open Trade

Step 5 - Make sure you don’t miss out

As said in the beginning of this guide about buying Tesla Motors, Inc. stocks (TSLA), prepare yourself and create a secured account on an online broker platform like eToro. This way you will be able to act directly when you want to invest and make sure you don’t miss out on the opportunity.

Step 6 - More information about Tesla Motors, Inc. stocks (TSLA)

DYOR - Do Your Own Research

Before you're investing in Tesla Motors, Inc. stocks (TSLA) it is important to do your own research on the history, product and the team behind the company.

DCA - Dollar Cost Averaging Strategy

Dollar Cost Averaging (DCA) is a strategy that is famous in the investment world. It's a tactic where you purchase systematic (per time frame) a certain amount of a certain asset/stock/ cryptocurrency or investment you believe in. For example every month $100 of Tesla Motors, Inc. stocks (TSLA).

As you buy systematic it will reduce the emotional involvement and as you spread the money you invest you spread the risk of a changing market.

Pro DCA
  • Invest small amounts
  • Less stress about unstable markets
  • Less chance on losses as you never buy full amounts on peaks

Cons DCA
  • Won't make optimal trades as you don't invest all on the bottom
  • Takes longer, as you're not rich after one trade
  • If you DCA on one investment you can pick a loser investment that will only go down. Better is there to spread your investments while doing DCA.

Explanation Video DCA Dollar Cost Averaging