Buy Shares

The online broker you utilize will influence how successful you’ll be. Lets take a look at some of the best trading platforms for traders in New Zealand.

How to Find the Best Trading Platform?

We talked about three superb options above. What are the features that set them apart from the rest, though? Let’s talk about this.

Minimum Deposits

Depending on who you’re working with, you might be asked to make a minimum deposit. It’s very common with the platforms, so there’s no escaping it. A great broker wouldn’t ask you to place a lot of cash. $100-500 is the ideal amount.

No Brokerage Fees

Brokerage fees are the bane of every investor’s existence. You might be charged for being inactive, for annual fees and research or for closing an account.

Find a site that doesn’t charge you for these activities. All three of the options we talked about don’t do so.

Good Resources

Even if you’re a pro trader, working with a site that has an extensive resource center would help you improve your knowledge. Just like minimum deposits, who you’re working with influences the extent of what’s available.

When talking about improving your skills, we have to discuss demo accounts. They allow you to practice trading with virtual coins – soon you’ll be an expert.

Regulation

No matter how good you think the platform is, you shouldn’t work with it if it isn’t regulated by the authorities.

As a Kiwi, look for trading platform that is governed by the New Zealand Financial Market. However, not many of them will be. Most are regulated by the Financial Conduct Authority, which is a global regulatory body.

Diversification

The number 1 rule of investing is to not put all of your eggs in one basket. The best choices would offer various kinds of things to trade. If there are CFDs like Plus500, they should have a lot of these.

Best Share Trading Platforms in New Zealand

Plus500

Plus500 is heavily regulated by the New Zealand Financial Market as well as ASIC, CYsec, the FCA and several other bodies.

There is a resource center that is decent. You’ll be able to perfect your trading as demo accounts are available.

You won’t be charged withdrawal fees. However, you can’t trade a variety of assets. The site only offers CFDs. In terms of the CFD types present, there’s a plethora available.

You’ll be able to trade on the move. Plus500’s mobile app is one of our favourites.

Like the two entries above, brokerage fees are not charged.

HFtrading

You want a name that is secure. Well, you’re in luck. HFtrading is authorized by ASIC – the Australian Securities and Investments Commission. It’s also regulated by the New Zealand Financial Market.

ASIC and its New Zealand equivalent ensure that HFtrading always has enough capital, and does regular audits of its systems.

Only citizens of New Zealand and Australia can access its services. Thus, it is only available in English. Check out our best trading platforms in Australia.

How easy is it to make an account on? It took us a little over 5 minutes. The platform is easy to use as well. One of the reasons for this is because it is very organized.

You’ll be able to trade on the go as it offers a mobile app.

The platform lets you buy and sell a range of assets. We’re especially fans of the large number of global shares it has. Other than this, there are also 17 commodities, 50 FX pairs, 214 Share CFDs, 3 ETFS and 51 cryptocurrency types on offer.

The platform doesn’t charge a brokerage fees, but there are other fees that you’ll have to pay.

If you’re a newbie investor, don’t worry. HFtrading has a plethora of resources. It even lets you create a demo account to practice trading.

Customer support-wise, we’re pleased with it. Its representatives are available 11/5.

Share Trading – What You Need to Know

We’ve looked at everything you need to know before taking the leap.

Diversify

What exactly does diversification mean? Remember that markets can be volatile. Generally, large airlines are good choices to invest in. However, if you invested in them last year, the global lockdowns due to the coronavirus would have caused you to lose cash. Since the airline wasn’t operational, the value of their shares fell.

If you invested in internet services like Netflix and donating agencies like PushPay, you wouldn’t have suffered much of a loss. In fact, you could have made a profit as Netflix and Push Pay did very well during the lockdown.

Think Long Term

Investing in companies solely due to their quarterly earnings is not smart. Think about the industry they’re part of and how hard it can fall and bounce back. Airlines are like this – when they do well, the price of their stocks will skyrocket. But when the economy is bad, their share value plummets.

Studying

Brokers offer market trends, news and graphs for a reason. Studying these would let you understand if the market is stable enough to make a move. Make sure you know how to analyze the graphs, trends and news. This is why taking a trading course might help you go further.

Cheap vs Expensive

A newbie might rush to buy expensive shares.  Considering what we mentioned about thinking long term and studying the market, this might not be wise. The $50 option could be more fruitful than the $100 one.

Practice

How much have you studied? Put your newfound skills to the test by using a demo account. You’re advised to spend some time practicing before you move onto the real deals.

Benefits of Trading Shares in New Zealand

Whether you’re a Kiwi or not, buying and selling from the country’s stock exchange would be smart.

Laws & Regulation

Investing in the country’s stock market is safe. Online brokers are governed by strict laws that keep investors protected. The stock exchange is governed by the NZX, while banks and finance companies are overseen by the Reserve Bank.

It’s Easy

Investing in names listed on the NZX is simple – all you need to do is to create a brokerage account.

Variety

The New Zealand Stock Exchange is great for investors, as there are a myriad of companies listed on it. The number keeps growing, but as of now, there are over 200 of them.

The NZX ensures investor safety too; its regulatory guidelines make transparency and fairness its top priorities.

Why Pick A Regulated Trading Platform?

A regulated name would be one whose activities are overseen and controlled by governing bodies. As you can imagine, working with these platforms come with major benefits.

Sufficient Funds

These bodies make sure that the trading platforms have enough funds. This ensures that you get your cash when you need it.

Money Safety

Not only are the brokers made to keep enough cash, but user reserves need to be kept separately from their own. Why? Because if anything were to happen to the company, your money would not be affected.

Absence of Laundering

By providing extensive documentation for the brokers to complete, the authorities in question would be able to keep track of illegal activities. The documentation allows them to grasp the quality of work being done as well.

Resources

These bodies work to keep investors safe. As a result, they pass laws to make sure the trading platforms have the latest technology, as well as supply resources to encourage traders to learn the ropes.

Understanding Trading Fees and Costs

When choosing a trading platform, understanding the fees and costs associated with trading is essential. Brokerage fees can significantly impact your returns, especially for frequent traders. Look for platforms that offer transparent pricing and avoid unnecessary fees, such as inactivity fees, withdrawal fees, or account closure fees. A good platform will be upfront about its charges, allowing you to focus on building your investments without unexpected costs.

Some platforms may also offer reduced fees or even fee-free trading for specific account types, so comparing options can save you money in the long run. This awareness helps you select the platform best suited to your investment strategy.

Bell direct also offers excellent SMSF solution.

The platform was launched in 2006 by Arnie Selvarajah who’s the company’s chief executive officer. It is a regulated brand and has been, on many occasions, recognized as one of the best trading platforms in terms of client satisfaction. Bell Direct is a subsidiary of Australia’s leading stockbroking, investment and financial advisory corporation Bell Potter.

Bell direct’s trading platform boasts of its 1-second guarantee when placing orders. The company uses a tiered brokerage fee approach which means the more you trade on the platform, the less fee you incur.

Bell direct also allows its users to trade the following instruments:

• Exchange-Traded Funds
• Interest rate securities
• Managed funds via mFund
• Exchange-Traded Bonds
• IPOs
• Warrants
• Options
• ASX-listed equities

Regulation

The company is part of the Third Party Platform Pty Ltd, which is licensed to operate in Australia by the Australian Securities and Exchange Commission (License number 314341).

Opening an account with Bell Direct

You’ll need an account to allow you to trade using Bell direct. Creating an account is simple, for the most part. Visit the company’s website, and you’ll see an option to ‘Join’ next to the ‘Login’ option at the homepage.

Once you’ve clicked on the Join option, you’ll be presented with a few questions e.g. the type of account you wish to open and your personal information. You must be over 18 years old to join Bell direct. You’re also required to have an Australian residential address and bank account.

The last step after filling in the details will be to verify your identity. You can easily do this by forwarding a clear picture of your passport or driver’s license and either a utility bill or bank to the email address provided. Bell direct will take three business days to evaluate your application and open an account for you. It is worth noting that the company also accepts international traders on its trading platform.

What you get when you join Bell direct

Broker research

Bell direct provides the latest research collected from the Bell Financial Group. This includes a report of recommendations and signals of when to buy or sell, ASX announcements, business news from Dow Jones, and consensus research from 20 brokers.

Filters

You can easily make ETF comparisons using the filter option, which allows you to see the features, fact sheets, and performance of Exchange-traded funds. Filter options include fees, asset class, provider, and sector.

Trading ideas

The platform also sends 3 bullish and 3 bearish trading ideas daily to your message box. These messages are delivered every morning to give you time to execute your trades. The ideas are arrived at after an analysis of historical broker data.

Simplified tax reporting

In addition to daily trading ideas, Bell direct users get a free yearly summary report. The report covers holding valuation and a summary of cash account details, transaction details, and estimated dividends.

Bell direct features

Charting

Bell direct features HTML5 charting technology that allows traders to picture intricate pricing data and technical indicators easily. These charting solutions are interactive, and users can manipulate the data presented to their liking.

Multi order pad

The multi-order pad eliminates the inconvenience of having to enter and place a single trade at a time. Traders can action any number of trades from their account(s) using one order pad.

Stock filter tools

Bell direct provides trading tools to help make your trading experience smooth. Some of these tools include technical insight, strategy builder, broker research, advanced charting, visual depth chart, and market map.

Trading platform

Bell direct has two trading platforms from which traders can participate in markets.

Web trader platform

The award-winning web-based trading application comes with plenty of features to better the trader’s experience. It has a responsive layout complimented with Markit charting solutions.  The multi-order pad feature is also present on the web trading platform. The feature allows traders to traders to buy or sell instruments across multiple accounts with one click. The platform also gives users an option to create pre-determined orders for warrants, equities, and interest rate securities.

Mobile trading platform

Like many other trading platforms, Bell direct allows users to manage their accounts using their smartphones (iPhones and Androids). The mobile trading platform is optimized for smartphone users. You can get stock quotes, make trades, and track your portfolio using web-based mobile trading. As it is web-based, you don’t need to make any downloads or installations.

To start trading on your smartphone, you’ll first need to have an account with Bell direct. Open your browser and visit the company’s official website and log into your trading account. From here, you’ll be directed to the mobile site version, where you can execute your trading plays.

Deposit & Withdrawals

Bell direct has two deposit methods through which traders can fund their accounts. Clients can either choose to deposit via BPay (using Biller Code and your BPay number) or Electronic transfer (using BSB and your account number).

Withdrawals can be made at any time on the website. To access and withdraw your funds, visit the website and log into your account, then navigate to the fund transfer section. Here, submit the withdrawal request and wait for the funds to be processed.

The amount of funds available for withdrawal will depend on the balance available in your account, as well as other factors such as buys open buy orders and pending settlement.

All withdrawal requests made on business days before 2:30 pm Australian Eastern Standard Time are processed on the very day. Those made past 2:30 pm Australian Eastern Standard Time are pushed to the following business day and processed at 2:30 pm.

Customer Support & Help

Bell direct’s customer support team is fair. You can reach the support team in different ways. You can also use the FAQ section that covers the common inquires such as deposits & withdrawals, trading, SMSF, and account management.

The available ways to contact the support teams are:

Telephone

Telephone support is available on weekdays between 8 am to 7 pm. Australian clients can reach the company’s help desk via 1300 786 199. International clients, on the other hand, can make inquiries through +61 3 8663 2700.

Email

If you can’t reach customer support via telephone, you can use the email alternative by sending an email to the customer support email address- [email protected].

Fax and Postal Address

Australian clients can fax the support team through (03) 8663 2799. International clients can also use the fax option through+61 3 8663 2799.  There is also a postal address option: GPO Box 1630 Sbroker NSW 2001.

Fees

Here is a breakdown of the fees charged by Bell direct:

Brokerage fees

mFund trades

There are other fees charged for services like SMS alerts ($0.55 per SMS), off-market transfer ($55 per stock), third party margin lenders ($15), and more.

Pros and Cons of Bell Direct

Pros

• Has a 1-second placement guarantee which allows you to place orders and benefit from the best prices
• The tiered brokerage fee system means you get charged less when you trade more
• Bell direct provides plenty of research papers and reports

Cons

• The platform lacks international equities

Security and Risk Management

When trading online, security and risk management are key considerations.

Bell Direct employs stringent security measures to protect user data, such as two-factor authentication (2FA) and secure data encryption, ensuring your information remains confidential. Additionally, Bell Direct encourages users to implement risk management strategies, such as setting stop-loss and limit orders to mitigate potential losses.

Their platform provides access to resources and guides to help you develop your own risk management plan, catering to both new and experienced traders.

Well, yes you can! However, since the company is so well-known, there is often a lot more to understand about the process.

Prior to buying McDonald’s shares, you have to appreciate the advantages of doing so, where to buy them, and how to follow the proper procedure. Fortunately for you, you can find these details, and more, in this article.

Where to Buy McDonald’s Shares?

When buying the shares of US companies, you have to be associated with a broker. You can then use their platforms to buy and sell shares as needed. Your broker plays a key role in your trading experience.

As such, it is important to select the best possible broker.

How To Pick a Broker?

There are several elements to consider when selecting your broker. First and foremost, there is reliability. It is always best to go with one that is licensed and regulated by a major financial agency such as ASIC. This ensures that the broker has to maintain certain standards and services. In turn, this reduces the risk of being defrauded or scammed.

In many instances, this also means that the broker has taken steps to ensure that your money is separate from theirs. Therefore, even if the broker goes bankrupt, you will have peace of mind knowing that your money is safe.

At the same time, you should pay attention to the platform offered by the broker. Not all platforms are created equal. You should select a platform that is renowned for its efficiency and reliability. This allows you to place trades quickly and easily, ensuring that you are able to take advantage of any opportunities that present themselves.

Of course, the broker that you select should be suitable to your budget as well as your investment aspirations. Look for accounts that fit your budget in terms of minimal deposits or management fees. Check that the broker offers the kind of leverage that you are looking for too. This will allow you to invest in stock or shares that you may necessarily not be able to afford outright.

What is McDonald’s?

McDonald’s Corporation is the second largest fast food chain franchise in the world. It is estimated that there are over 38,000 restaurants in 119 markets around the world. Technically, McDonald’s was started in 1948 by the McDonald’s brothers – Maurice and Richard. However, the restaurant grew into a franchise under the watchful eye of Ray Kroc.

In 1961, Ray Kroc had bought out the brothers and before the end of the decade, there were 1,000 restaurants across America. The company’s stock began trading publicly in 1965. For 2019, the revenue for McDonald’s stood at USD 21.08 billion.

While most individuals think of McDonald’s in terms of the food and service that they offer, the corporation’s landmark contribution is its business system. The company created a better way of conducting business. This helped them to keep costs low, producing cheap food, while maintaining a certain level of quality.

Why Should I Buy McDonald’s Shares?

Of course, with plenty of investment opportunities available to you, it is only natural to wonder why you should consider buying McDonald’s shares specifically. Thus, let’s take a look at why this franchise continues to be worth investing in.

The sheer popularity and reputation of McDonald’s is unprecedented. And, although it may dip or waver, it is unlikely that this corporation will experience too much loss in this department. This ensures that McDonald’s will continue to be a smart investment for many investments to come.

As an additional benefit, McDonald’s has had a history of outperforming its competitors during periods of economic downturn. And, as the economy will continue to struggle due to the global pandemic, it is important for you to invest in a company that is capable of continuing to produce profits during such situations.

There is also the fact that McDonald’s continues to change and evolve for new generations. This includes improving its restaurants’ formats, boosting its delivery options, and changing its menu to cater for a growing plant-based audience.

Already, McDonald’s has begun to appreciate that the future is in smaller delivery hubs. This is due to the fact that more and more people are ordering in than ever before. As a result, it will be investing in these ideas, while solidifying its own delivery options.

This newer format has the added advantage of also costing less money to invest in. Nevertheless, it is likely to boost sales. Furthermore, the new design allows even more McDonald’s outlets to open up, increasing its reach to people all over the world.

What this means is that even as the world moves forward, McDonald’s will not fall behind. Rather, they will take advantage of these modern trends and will continue to create a presence in a new and modern market as well. Due to this, you can continue to see a return on your investment well into the future.

Last, but not certainly not least, McDonald’s business model means that the continuing focus will be on improving the system behind the food. Thus, the company will take the necessary steps to improve the infrastructure so that the outcome will either be the same or better for consumers.

What to Consider When Buying McDonald’s Shares?

There are several elements to consider before buying McDonald’s shares, particularly as an Australian citizen.

First and foremost, it is important to do your research. Yes, McDonald’s might be one of the most famous corporations in the world, but how much do you know about it. Therefore, your first order of business would be to look into its financial history.

There’s no need to go too far back, but you may want to look at the revenue stream and growth over the last decade or five years or so. Has the corporation experienced steady growth? Does it continue to bring in profits? Has its stock prices been rising or has there been a moment when it has fallen.

It is also a good idea to look at how McDonald’s has fared during economic downturns in the past. Yes, it may have survived through such instances, but just how much did the profits and stock price fall? This will help you determine the level of risk involved and let you know if this is something that fits in well with your investment plan.

It is just as important to get a glimpse of how McDonald’s will continue performing in the future. As mentioned, the company is already taking steps to boost their popularity with newer generations. However, how successful are these campaigns likely to be?

In a similar fashion, you should also consider what McDonald’s competitors are doing in response to the corporation or to pull ahead. Does it seem like these campaigns will be more successful? Or, do they continue to lag behind McDonald’s?

If you do decide to buy McDonald’s shares, your next question will be how much stock should you buy? As you are well aware, there is plenty of competition regarding McDonald’s shares. Due to this, the cost of an individual share can be rather high.

As such, you have to determine just how much you can invest in the company. You will have to buy a significant number of shares to get a decent profit. At the same time, you should keep in mind that you should only ever invest an amount that you are willing to lose, thus risk has to also factor into this decision.

If individual shares seem too expensive, these aren’t your only option. You can also invest in CFD trading. Here, you don’t buy the shares outright. Due to this, there is no ownership involved – you don’t have a stake in the company. Instead, you speculate on the market price of McDonald’s stock.

This allows you to trade a long or short position on the share prices, rather than just waiting for them to just rise. However, the main advantage with CFD trading is the option of leveraging. This allows you to only put up a small fraction of the share price. The rest of the capital will be covered by your broker.

Is Now a Good Time to Buy McDonald’s Shares?

Perhaps you have decided to buy McDonald’s shares, but you aren’t convinced that you should invest right now. Well, when it comes to investing and buying shares, there is no time like the present. This is because it is important to play the long game.

Most experts would recommend that you hold stocks for months, perhaps years. This is because long-term investments tend to provide you with a better rate of return. As such, you can make a higher profit. Of course, to enjoy these profits, you need to invest as soon as possible.

There is also the fact that when you hold shares for a longer period of time, you are able to ride out any low points in the market. Bear in mind, these lows aren’t permanent, but they can often take months or longer for the tide to change. This is particularly true in times of economic upheaval. Thus, you need to give yourself time for the situation to turn around.

Furthermore, given the current economic situation, investment is low. This creates opportunities for average investors to buy shares for lower amounts. Eventually, the market will turn around and McDonald’s will continue to reap impressive profits once more. Then, the stock price will shoot up, allowing you to either reap the benefits by selling or continuing to hold a strong market position.

Due to this, it is best to buy shares in McDonald’s sooner rather than later. You will be glad for this decision in the future.

This is what you need to know about buying McDonald’s shares in Australia. As you can see, there is quite a bit more to the process than you may have realized. This includes the actual purchase of the shares. For instance, rather than buying the stock outright, you also have the opportunity to engage in CFD trading.

Apart from that, it is vital that you carefully consider buying McDonald’s shares. Yes, it is a great investment, but you should be aware of the rewards and the risks that go along with investing in the company. Furthermore, you should also know the right time to purchase these shares.

Now that you have the knowledge that you need to make a sound decision, you can buy McDonald’s shares on your own terms, at the right moment. In turn, this can increase the profit that you can make.

Tesla is an American company, that was established in 2003. The CEO, Elon Musk, is one of the richest people in the world. This is partly due to the fact that he owns more than 15% of the company.

Tesla specializes in the production of electric cars and is seen by many as an innovator among the other car companies.

The recent rise in environmentalism, as well as the active steps taken by the world’s leaders to lower pollution, have caused the interest in electric cars to skyrocket making any shares rise in value drastically.

Especially with the recent exposure, the company received praise for their self-driving cars. The co-founder of the company, Elon Musk, is a big online personality at the moment, which is definitely good publicity.

The ticker symbol on the stock exchange is TSLA. The market capitalization (at the time of writing this article) is over 1 trillion.

How to Buy Tesla Shares in Australia?

Here is our top-rated broker for Australian traders.

It’s safe to say that for this investment you can stick to the well-known platforms Easymarkets and Fortrade are the ones I personally like. There are no hidden account fees on these trading platforms.

• Licenses: It may seem obvious, but if a place doesn’t have a license there is most likely a reason the owner couldn’t get one. A license for a platform isn’t something you “Don’t have the time to get”. It’s in my personal opinion just as important as SSL transaction encryptions.
• Reputation: It’s not impossible for a licensed platform to scam you. It’s important for you to read some reviews. Make sure they are a generally well-received platform.
• Owners: Call me paranoid but when it comes to investing sums of money potentially in the tens if not hundreds of thousands I want to make sure that the owners of the platforms aren’t the same ones as some old scam website. Or maybe just a shady company that you wouldn’t trust if you read up one their past.

An important factor to consider is that when you are buying Tesla shares, you are actually purchasing international shares.

Not all platforms can give you access to an international or American market.

You can buy Afterpay shares and Qantas shares as well.

Should I Buy Tesla Stock?

You can buy Tesla stock from the US stock exchanges.

There are many reasons (mentioned above) why you should invest, and there are many trading platforms to choose from. Ultimately you want to know if it’s a good idea? Investing in planting trees is a great idea but you are 100% guaranteed not to make any money of it.

Looking at the Tesla share value it’s clear that they are currently rising up from a sudden drop.

Please do keep in mind this is just my opinion and I’m not an expert trader. As with all things I invite you to do your own research.

Compared to the last 5 years there has been an uptrend. If continued, it will result in the value rising a bit more before plateauing soon.

It’s important to consider the situation of the business as a whole depending on if you think the Tesla electric cars are going to become the next big thing. If you think they’re just a short-lived gimmick you need to decide whether or not to buy the shares.

This means carefully analyzing the market and pinpointing the exact moment in which the shares may appreciate or depreciate. In doing so, you increase your chances of making a profit off of the company. If you aren’t a seasoned trader, this could take some time and practice to master.

Don’t forget that the share price is always changing because stock markets are volatile. Wall Street loves trading Tesla stock.

Reasons To Buy TSLA

Here are the top reasons why Tesla shares might be a great addition to your investment portfolio:

• Innovation and Vision: Their innovative approach to business has been instrumental in its success. They have disrupted the automotive industry by developing cutting-edge electric vehicles that are both sustainable and environmentally friendly. Their innovative vision has enabled them to push the boundaries of what’s possible and consistently deliver impressive financial results.
• Strong Financial Performance: Financial stability is a reflection of its ability to disrupt traditional industries and create new markets. They have consistently delivered impressive revenue growth and have expanded their market share significantly. Their strong financial performance is a testament to their innovative approach and their ability to adapt to changing market conditions.
• Dominant Market Position: Tesla is the clear leader in the electric vehicle market and has established a dominant market position globally. As more consumers shift towards sustainable alternatives to traditional gas-powered vehicles, Tesla is poised to capture an even larger market share. This dominant position provides investors with an opportunity to capitalize on the growing demand for sustainable energy and transportation solutions.
• Diversification: Tesla has diversified its business beyond just automotive manufacturing. They are also involved in solar energy and battery storage, providing additional growth opportunities. This diversification helps to mitigate risks and provides you with exposure to multiple markets and industries.
• Strong Leadership: The CEO, Elon Musk, is a visionary entrepreneur who has a proven track record of success. His innovative approach to business has been instrumental in its success, and he continues to drive the company forward with new ideas and technologies. His strong leadership and vision provide you with confidence in their ability to continue delivering strong returns.

One thing to look out for is the share price. Avoid buying at all-time highs and watch the p/e ratio as well.

A good market price can make the difference between profit and loss.

Top Rated Platforms For TSLA Shares

There are two options if you want to get started.

Buy TSLA through a Brokerage Account

The first involves buying the shares outright using a brokerage account. This is known as share trading.

When you engage in share trading, you own the shares that you are purchasing. As such, you have a stake in the company. You may also receive dividends. The top option for making a profit is to sell your shares once they have significantly increased in value.

While this does sound good, there is a catch. Understand that Tesla is one of the most heavily traded companies in the world. Due to this, the cost of each share is considerable. So, the average person can only afford to buy a handful of shares.

Buy TSLA using a CFD Trading Platform

Your second option involves buying via CFD trading apps. Here is a list of the top trading platforms.

Let’s examine both of your avenues:

This is a great option if you are new to investing or have a limited amount of capital. Here, you speculate about the price movement of Tesla shares. Your profit is based on the accuracy of your prediction regarding the rise or fall of the share prices. However, unlike with share trading, you don’t actually own any of the shares.

So, why is this a better option for most investors? Well, to start with, CFD trading is far more affordable. This is due to leverage. You are only required to put up a fraction of the cost of the shares. As a result, you may only need to pay 5 to 25 percent of the original cost of the shares!

Other Benefits

The other benefit of CFD trading is that you can place trades regardless of the direction of the share price. This means that you can stand to make a profit irrespective of whether the value of the shares are increasing or decreasing.

CFD trading also makes more sense if you are attempting to diversify your portfolio. Since you aren’t required to put all your capital towards the shares, you will still have enough to invest in other elements of the market.

With CFD platforms you can start with as low as AU $100. Just pick your favorite trading platform and get started. Some international platforms let you trade ASX shares as well as US shares.

Opening Your Trading Account

Once you have narrowed down the right platform for you and determined what the right trading option is, it will be time for you to open your trading account.

Now, the exact process may differ a bit.

For the most part, however, it is rather simple. During the registration process, you will be required to present certain documentation. This will assure the platform that you are a legitimate trader.

After the verification process is complete, you can select your preferred trading account. Most brokers give you the opportunity to select between several types. When you are doing so, keep a few things in mind – your budget, trading frequency, and features that you would prefer.

The next step involves depositing money in your account. Once again, there are some calculations involved. This includes the minimum deposit requirement for the account as well as the sum that you wish to invest in a particular trade.

If you are purchasing shares, then you will have to determine how much the total cost and any other charges involved will be. On the other hand, if you are involved in CFD trading, you only need a fraction of the cost. The exact amount will differ depending on your broker.

Keep in mind that most brokers will require to have a minimum balance in your account. Thus, this amount must be considered when doing your calculations about how much money you need to deposit.

Performance of Tesla in Australia

It is essential to understand their performance in the Australian market.

In 2021, Tesla reported a 158% year-over-year increase in Australian sales, selling over 3,600 electric vehicles.

This represents a significant growth in demand for electric vehicles in Australia, which is expected to continue in the coming years.

In addition to its impressive sales numbers, the stock performance has also been noteworthy.

From January 2020 to January 2022, the stock price of Tesla increased by over 550%, with a current market capitalization of over $800 billion USD. It is important to note that this increase in value is subject to fluctuations and that past performance does not guarantee future returns.

To further understand the financials, here is a table showcasing their key financial indicators for the fiscal year 2021:

These numbers indicate that Tesla is a financially sound company with a growing demand for its products in Australia and around the world.

Buying shares carries risk, and it is recommended to conduct thorough research and analysis before making any investment decisions.

Final Words

If you’re an Aussie interested in obtaining exposure to Tesla, the innovative energy storage and electric vehicle company founded in 2003, there are several ways to align your investment strategy with this NASDAQ 100 listed firm.

The first step is to choose a broker, or rather, find a broker that offers access to US markets such as the NASDAQ stock exchange where Tesla shares are traded. Several online brokers offer this service, but be sure to explore all your options and understand the law and regulations in your area before making a choice.

This step is essential because buying Tesla shares from Australia requires you to engage in international share trading, and this may involve exchange fees, potential tax implications, and the need to find a broker that aligns with your needs as an active trader.

An alternative to buying Tesla shares directly is to consider funds or ETFs that include Tesla in their portfolio.

ETFs (Exchange Traded Funds) like the Vanguard S&P 500 or others that track the NASDAQ index can offer exposure to Tesla, alongside a diverse range of other shares such as Tesla. This method of investment could be more suitable for those who want a diversified investment strategy.

Additionally, some brokers also offer the opportunity to buy a fractional share of Tesla, meaning you don’t have to purchase a whole share, which can be particularly beneficial given Tesla’s often high share price.

Remember to clarify whether market order or limit order fits your investment goals before you transfer funds to open an account, and always take heed of the factual information and disclaimers provided by your chosen platform.

Frequently asked questions

What affects the stock price of Tesla?

The key factors that affect the stock price include company performance, news and media coverage, economic conditions, and industry trends.

What are the risks associated with investing in Tesla, such as regulatory changes or competition?

The risks associated with investing in Tesla include regulatory changes and competition.

What are the long-term growth prospects for Tesla and how does the company plan to expand its business?

The long-term growth prospects of Tesla depend on its ability to continue innovating, increase production capacity, expand into new markets, and improve profitability and financial stability, while the company has outlined plans to achieve these goals.