Content Recap:
In this article, you will find answers to the questions that are listed below, as well as some additional ones:
- How to buy Amazon stock from UAE?
- How much would I have if I invested $1000 in Amazon in the 90s?
- What are some of the different ways to invest in Amazon from the UAE?
Along with Google (Nasdaq: GOOGL), Apple (Nasdaq: AAPL), and Facebook, the corporation that is headquartered in the United States is considered to be one of the largest technology companies (Nasdaq: FB). Amazon (Nasdaq: AMZN), which is best known for its online retail sector, also has a large presence in the businesses of digital streaming, artificial intelligence,, and cloud computing. Amazon is also making investments in the technology behind electric autos and self-driving cars.
Amazon’s Stock History:
The value of Amazon stock (AMZN) has increased consistently throughout the course of time. In May of 1997, one share of Amazon stock could be purchased for $1.73.
Following the company’s initial public offering, the value of Amazon stock has increased throughout the course of time (IPO).
According to the calculations done by Yahoo Finance, an investment of one thousand dollars made in June of 2011 would be worth seventeen thousand nine hundred and fifty seven dollars and seventy cents (or a gain of 1,695.77 percent) as of June 11, 2021. This return does not take into account dividends but does account for price appreciation.
Ten years ago, when the market crashed, Amazon stock, like almost all other tech companies’ equities, suffered a significant knock. Despite this, the pattern as a whole has been one of improvement. Indeed.
As of the time that this article was written (September 2021), a share of Amazon stock was trading on the Nasdaq for close to $3,480 per share.
The following chart presents Amazon’s stock price performance over the past five years. In September of 2016, the price of a share of stock was $772. After a period of 5 years, the current market price is $3,479
How to Invest in Amazon from UAE:
There are several ways to invest in Amazon if you are living in Dubai or in UAE in general.
- Buy Amazon stock through an online broker
- Buy Amazon stock CFD through trading platform
- Buy an ETF that holds Amazon stock
- Buy Amazon stock through a Financial Advisor in UAE
1. Buy Amazon Stock Through an Online Broker:
You can register an account with an internet broker if you want to buy Amazon shares and own the stock in UAE. This will allow you to do so. On the other hand, it is strongly suggested that you hunt for brokers who offer fractional shares of the company. If you do it this way, you won’t have to pay the full price of Amazon stock, which was $3,760 at the time this article was written. Instead, you can buy fractions of the share; for example, if you have $500, you can buy 0.13 of Amazon stock because $500 divided by $3,760 equals 0.13 shares of Amazon stock.
eToro is widely considered to be the best and most popular online broker in the UAE for investing in stocks and fractional stocks.
Purchasing Amazon shares through eToro can be done in the following steps:
Step1: Register to eToro
Visit the eToro website by clicking the link provided above, select a username, email address, and password, read the terms and conditions and accept them if you so desire before clicking the Join now button.
Step 2: Verify Your Account
Follow the steps in the verification process for the account, and supply the information that is requested, which includes your personal details as well as proof of your identification and residence address.
It will take eToro a number of days to examine the information and get your account properly validated after you have finished the verification process.
Step 3: Fund your account
eToro is compatible with a variety of online payment systems, including as PayPal, Skrill, Neteller, Visa, MasterCard, and WebMoney, amongst others.
You are responsible for knowing that the minimum deposit is $50, and the platform will not let you to deposit any less than that amount.
Step 4: Buy Amazon Stock!
You can now consider your account to be validated and funded. Now is the moment to invest in your stock of choice.
Simply type “Amazon” into the search box at the top of the page to locate Amazon stock.
After selecting Amazon stock, go to the “Trade” tab, select the dollar amount you wish to invest, and the stock will immediately be added to your account.
2. Buy Amazon Stock CFD Through Trading Platform:
Buying the stock CFD of Amazon from the UAE is another another way to invest in the company.
When you buy a contract for difference (CFD), you are not actually purchasing the underlying stock; rather, you are placing a wager on how the price will change. To put it another way, if you take a long “Buy” position and the price goes up, you win money, and if the price goes down, you lose money.
Now, the question that is going to pop into your head is going to be, “Why would I want to buy the stock CFD when I already own the stock itself?”
Actually, due to the availability of leverage offered by CFD brokers, many traders and investors find that trading CFDs is preferable than holding shares in a company. Because of leverage, even if your initial investment is only one thousand dollars, you will be able to open massive positions as if you are trading with ten thousand or one hundred thousand dollars, and you will be able to make the same amount of profit as if you were trading with those large amounts.
In the 2016 Wealth and Finance International Awards, XTB was recognized as having the “Best Trading Platform,” and in 2018, the company was ranked as having the best overall performance as a Forex and CFD Broker.
They simplify trading, and their customer support staff is available to assist you with everything you could need, from setting up your account to executing trades on your behalf.
3. Buy an ETF That Holds Amazon Stock:
If you want to get exposure to Amazon but don’t want to invest in one individual stock because you believe it’s risky to put all of your money in one asset, then you might want to consider investing in an exchange-traded fund (ETF) that holds Amazon along with other technology and next generation internet companies.
There are a lot of outstanding exchange-traded funds (ETFs) that give you exposure to Amazon. One illustration can be found down below. One of the most advantageous exchange-traded funds (ETFs) to use while investing in Amazon and the technology industry in general:
This exchange-traded fund follows the performance of a broad index of companies operating in the information technology industry, which the company classifies as consisting of three subsectors: hardware, consulting, and software.
- 5 Years Performance: 277%
- PopularHoldings: Apple, Microsoft, Google, Visa
- ETF Symbol: VGT – 25%
How to Invest in ETFs in UAE?
You need to have an account with a brokerage firm that is registered with the exchange in UAE where you want to trade ETFs in order to acquire exchange-traded funds (ETFs) on your own.
If you are not an experienced trader, we strongly advise you to sign up for an account with eToro. It does not charge any commission for trading stocks or exchange-traded funds (ETFs). You can also profit from social trading by watching the portfolios of other individuals and replicating the transactions of the traders who have the most success.
4. Buy Amazon Stock Through a Financial Advisor in UAE:
You can seek the assistance of a financial advisor if you are unsure of how to handle the situation on your own, or if you do not have the time to conduct research and keep up with the latest news and market trends. They are responsible for remaining current on all of the latest market trends and prospective possibilities. You can tell them that you want to invest in Amazon, and they will help you set up your investing account, advise you on the best time to enter the market and help you build a stocks portfolio that will enable you to achieve your financial goals. You can also tell them that you want to invest in other companies.
You are free to conduct your own study in order to locate the most qualified financial advisor in the UAE. In addition to that, you can look at the list of our recommendations. This list was carefully selected by us based on a number of factors, including the individuals’ levels of popularity, the quality of reviews they have received, the robustness of the organizations they work for, and the breadth of services and goods they offer.
Bottom Line:
Amazon already dominates the e-commerce market, and it is widely anticipated that it will continue to do so for the foreseeable future as well. Therefore, even if you missed the opportunity to engage in it in the past, there is still time to do so in the future; nevertheless, the most essential thing is to get started right now! I hope everyone’s trading goes smoothly and that everyone stays safe!