How to Buy Amazon Stock to invest in AMZN

If you want to buy Amazon stock, you will need to find a good online broker, open a brokerage account, deposit the necessary funds and buy the AMZN share. We collected the most important steps in this guide.

How to buy Amazon shares

6 Steps of buying Amazon shares

  1. Find a good online broker
  2. Open your brokerage account, if you get stuck let us know
  3. Deposit money to your account
  4. Log in to the trading platform
  5. Buy the Amazon share
  6. Review your Amazon position regularly

Finding the best online brokers is our specialty.

Save hours of research with our broker finder tool or go with highest ranking online broker for Amazon: Interactive Brokers.

How to buy Amazon shares

Best 5 brokers for buying Amazon shares

Interactive Brokers Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC. Visit broker
Alpaca Trading Alpaca Securities LLC is US-based broker providing commission-free API stock trading. The company is regulated by the top-tier SEC and FINRA: Visit broker
TradeStation Global TradeStation Global is an introducing broker of Interactive Brokers. This practically means that assets and cash are held with Interactive Brokers, but services like fees and customer support are provided by TradeStation Global. TradeStation Global is regulated by the top-tier UK FCA. Visit broker
Zacks Trade Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash). Visit broker
Saxo Bank Saxo Bank is a Danish investment bank. It is regulated by several financial authorities globally, including the top-tier UK FCA. Visit broker
How to buy Amazon shares

How to buy Amazon fractional shares

If you do not want to buy a full Amazon share, you can cut costs by owning a part of a share. These are called fractional shares. Many online brokers like Interactive Brokers, Robinhood and TD Ameritrade, allow their clients to invest in fractional shares.

How to buy Amazon shares

How to Sell Amazon Stock

  1. Log in to your trading platform with your username and password
  2. Check the number of AMZN shares you own
  3. Select the stock and click on sell in the place order box.
  4. SELL is usually highlighted in red
  5. Select the order type, limit order is usually the default
  6. Set the price you want to get for a single stock
  7. Select the quantity you want to sell, make sure you don’t enter a higher number of stocks than you actually own
  8. Hit ‘Place Order’ to place the selling order
  9. Wait for the order confirmation to arrive. When the order is fulfilled you will get a fulfillment confirmation
  10. Congratulations, you successfully sold Amazon] stock.
How to buy Amazon shares

How to Invest in Amazon with an Index Fund?

  1. Select the index fund with the appropriate amount of Amazon holdings
  2. Check the expense ratio of the fund
  3. Make sure the ETF in question is available at your brokerage
  4. Buy the ETF fund as you would buy a stock.

Some good examples of ETFs with Amazon holdings of 10%-25% and relatively low expense ratios (0,08%-0,18%) are: XLY, FDIS, VCR, IEDI.

How to buy Amazon shares

About Amazon

Amazon is a US Tech company traded on the NASDAQ under the AMZN ticker. It started as an online bookselling company and has developed into a global corporation focusing on e-commerce, cloud computing, digital streaming, and artificial intelligence. Its services like Alexa and Amazon Prime have become household names. If you’d like to buy Amazon stocks, you will need to find a broker that gives you access to the NASDAQ stock exchange because that’s the main venue where they are traded.

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