Page Summary
Amazon stock (AMZN) is a leading stock choice in the United Arab Emirates. It has a fascinating evolution in the market and has seen steady progress for 20 years. Amazon is a tech stock with the potential for attractive gains over the next 5 years. Amazon (AMZN) competes with trending NASDAQ stocks. These include Tesla (TSLA), Apple Inc. (AAPL), and Microsoft Corporation (MSFT). AMZN is attractive because it has a strong presence in the eCommerce space. Many UAE traders include AMZN in their portfolios. This article discusses how to buy Amazon stock in the UAE.
List Of The Best Brokers For Amazon Stock:
| RANK | BROKER | GENERAL | PLATFORM SCORE | BEST FOR | WEBSITE |
|---|---|---|---|---|---|
| #1 | eToro | Excellent social trading features | 4,9/5 | Best overall broker | Official website
51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
| #2 | XTB | Free of charge deposits and withdrawals | 3,8/5 | Top-tier licenses and a transparent fee policy | Official website |
Rating: 4,9/5
eToro
BEST FOR TRADING: Social Copy Trading Forex
TRADER LEVEL: Beginners
Nr. OF CURRENCY PAIRS: 49 Major, Minor and Exotic
MAX LEVERAGE: 1:30
Min Deposit: $100
Fees: 4.8
Assets available: 4.8
Total Fees:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Rating: 3,8/5
XTB
Min Deposit: $0
Fees: 3.7
Assets available: 2.9
Total Fees:
1. eToro – Best overall broker
Min Deposit: $100
Fees: 4.8
Assets available: 4.8
Total Fees:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
eToro is a safe brokerage firm for buying Amazon in the UAE. It offers an impressive portfolio with stocks, equities, forex pairs, and equity investments. The leading assets available with eToro are Bitcoin, Ethereum, and Amazon.
This broker offers a demo account. It is an excellent learning tool for investors at all levels. Virtual trading lets you test stock trading strategies with live stock market prices. The demo account at eToro is a valuable tool if you want to learn more about AMZN price fluctuations.
UAE traders choose eToro because of its transparent fees. It has 0% commission only on trading stocks and etfs, it charges a 1.90% spread for withdrawals. eToro offers industry-leading social trading services and platforms. eToro has many advantages for all UAE traders. It has a diversified portfolio, many payment methods, and a safe wallet.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
2. XTB – Top-tier licenses and a transparent fee policy
Min Deposit: $0
Fees: 3.7
Assets available: 2.9
Total Fees:
XTB is a popular choice for buying Amazon stock in the UAE. It is a secure broker with top-tier licenses and a transparent fee policy. XTB provides many tradable assets, including CFDs and forex. It has exchange-traded funds (ETFs), stocks, mutual funds, and 25 crypto coins. The main digital assets at XTB are Bitcoin and Amazon stock.
This broker has excellent learning tools. It offers a proprietary platform, web, desktop, and mobile app. XTB provides access to a demo account and social trading tools. It is a good choice for new UAE traders because of its valuable learning center.
81% of CFD retail account lose money
How We Chose The Best Brokers For Amazon Stock
We choose the best exchanges to buy Amazon Stock based on several criteria including Fees, Account, Withdrawal and Deposit. We commit to offering help to all UAE traders. Our goal is to help beginner and advanced traders make intelligent choices with their money. This focus is the reason why we share both strengths and weaknesses.
Fees: A fee structure without hidden costs adds to an excellent online trading experience. Some AMZN platforms in the UAE have a transparent fee structure; others don’t. Our in-depth fee reviews offer detailed information about UAE brokers and fees.
Account: UAE brokers offer access to different brokerage account types. Some platforms request a minimum deposit fee. Others don’t have an initial deposit requirement for new accounts. Read our account reviews to discover more about account tiers and payment methods.
Deposit and withdrawal: Withdrawing and depositing funds needs to be beginner friendly. Funding a brokerage account is a process that takes longer with some platforms. Some UAE brokers don’t request a minimum deposit. Check our broker platform reviews for more details on policies available with UAE brokers.
Products and markets: Each UAE stockbrokers offer different assets and markets. It is best to select a platform with a comprehensive digital portfolio. Our in-depth reviews provide more information on UAE brokers, markets, and assets.
Trading platforms: A brokerage platform with an intuitive design contributes to a positive online trading experience. Choose a broker with an intuitive design and services. The UAE stockbroker platforms in our reviews are secure. But some might be challenging for beginner UAE traders. Verify our comprehensive trading platform reviews for more details about UAE stock brokers.
Customer support: Support is essential for your online stock trading success. Reliable brokerage platforms offer live chat, phone, and email support.
Safety: A trustworthy brokerage platform has top-tier licenses. It uses industry-leading safety protocols and follows strict rules. Our in-depth reviews discuss stock trading safety for UAE traders.
How To Buy Amazon Stock In The United Arab Emirates
Traders in the United Arab Emirates buy Amazon stock with secure brokerages. The top platforms we recommend are eToro and XTB. eToro is a popular social trading broker with an excellent reputation. XTB is a good fit for new traders, and it has many learning materials.
Amazon (AMZN) is a good choice for traders in the United Arab Emirates. We encourage you to use eToro to buy AMZN in the UAE. It is a trustworthy social trading online broker. It offers safe brokerage services and platforms. Here are the steps you have to follow to buy AMZN with eToro:
- Sign up: The first step UAE traders need to take is to access eToro’s main website. There you will discover the sign-up form for new brokerage accounts.
- Submit a valid ID: eToro is a secure brokerage firm that follows the Know Your Customer (KYC) rules. Traders from the United Arab Emirates have to pass account verification before buying AMZN. A valid I.D., such as a passport or driver’s license, is necessary.
- Make your first deposit: After account verification, you have to choose a payment method. UAE traders access many payment methods, including bank account transfers. Choose a funding option and make your first deposit.
- Buy Amazon stock: Type “AMZN” into the search bar to see Amazon’s price. Click on its symbol and start buying or selling AMZN.
Where To Buy Amazon Stock In The United Arab Emirates?
The leading UAE platforms we recommend are eToro and XTB.
Buying Amazon Stock With eToro
eToro is a safe brokerage firm for buying Amazon in the UAE. It offers an impressive portfolio with stocks, equities, forex pairs, and equity investments. The leading assets available with eToro are Bitcoin, Ethereum, and Amazon.
This broker offers a demo account. It is an excellent learning tool for investors at all levels. Virtual trading lets you test stock trading strategies with live stock market prices. The demo account at eToro is a valuable tool if you want to learn more about AMZN price fluctuations.
UAE traders choose eToro because of its transparent fees. It has 0% commission only on trading stocks and etf and 1.90% spread for withdrawals. eToro offers industry-leading social trading services and platforms. eToro has many advantages for all UAE traders. It has a diversified portfolio, many payment methods, and a safe wallet.
Pros: Commission-free trading and access to mutual funds, Features many popular cryptos, stocks, and forex, Regulated by the FCA , Mobile app available , Offered in many countries , Demo brokerage account
Cons: It has a high spread , It lacks smaller stocks and cryptocurrencies
Buying Amazon Stock With XTB
XTB is a popular choice for buying Amazon stock in the UAE. It is a secure broker with top-tier licenses and a transparent fee policy. XTB provides many tradable assets, including CFDs and forex. It has exchange-traded funds (ETFs), stocks, mutual funds, and 25 crypto coins. The main digital assets at XTB are Bitcoin and Amazon stock.
This broker has excellent learning tools. It offers a proprietary platform, web, desktop, and mobile app. XTB provides access to a demo account and social trading tools. It is a good choice for new UAE traders because of its valuable learning center.
Pros: Free of charge deposits and withdrawals, Regulated broker with licenses from FCA, KNF, BaFIN, CNMV, AMF, CySEC, and FSC, Different payment methods, including PayPal, bank transfers, and credit and debit cards deposits
Cons: Basic trading platform with no professional research tools, Limited professional services for advanced UAE traders
How To Buy Amazon Stock Using eToro?
We recommend using eToro when buying Amazon stock. This brokerage firm has excellent trading platforms and services. eToro is a well-known social trading broker with secure services. Here is a step-by-step guide on buying AMZN with eToro.
Step 1: Open An Account With eToro
The first step for investors in the United Arab Emirates is to sign up with eToro. Their main website offers access to a straightforward sign-up form. You’ll have to submit your full name, contact information, address, date of birth, and income source.
Step 2: Pass Account Verification
The next step is to pass account verification. eToro lets UAE traders trade up to $2,000 before verifying their account. Investors need to upload a copy of their I.D. and proof of residence. Passing account verification is necessary for all UAE traders. eToro follows strict KYC rules.
Step 3: Select A Payment Method
eToro offers different funding options for UAE traders. Select a funding method that suits your needs. After this, the next step is to buy AMZN.
Step 4: Buy Amazon Shares
When your funds appear in your account, eToro allows you to start your first “buy.” Click on the AMZN ticker and choose the amount of shares you want to buy and click “Submit.” Your trade will complete in a couple of minutes.
What Is Amazon?
Amazon is a world leader in cloud computing and e-commerce. It is a popular investment in 2022. Amazon is a public company listed on the NASDAQ stock exchange.
AMZN stock is available to all UAE traders interested in tech stocks. If you want to become a shareholder, you’ll have to use an online trading account. There are two approaches to buying Amazon in the UAE: CFDs or shares. Shares represent a popular choice with long-term investors. CFDs provide flexibility and allow you to short sell and use leverage. Our in-depth reviews offer information on assets and UAE trading strategies.
Why UAE Traders Should Buy Amazon Stock?
UAE traders should buy Amazon stock because of its performance and stock market value. AMZN has the potential for good revenue gains. It is one of the highest-performing stocks by market capitalization. AMZN reached a market cap of $1.691 T in 2021. AMZN stock is a popular asset with professional traders in the UAE. Our asset reviews offer more information on price fluctuations and direct stock purchases.
How Much Does Amazon Stock Cost?
The cost of Amazon stock varies minute-to-minute based on the brokerage platform you use. The stock price for Amazon was US$2704 in March of 2022. UAE platforms might charge a commission for buying AMZN. Read our in-depth reviews to discover more about Amazon trading fees.
Buying AMZN Using BTC
Another option for buying AMZN in the UAE is using Bitcoin (BTC). Traders use BTC on eToro for trading and to fund their accounts. Within the eToro platform, traders convert BTC to a fiat currency then purchase AMZN stock using that fiat currency. Our in-depth cryptocurrency reviews offer more information on online trading safety in the UAE.
Buying Amazon Stock Safely In UAE
If you want to buy Amazon stock safely in the UAE, you have to use a trustworthy stock exchange or online broker. Traders diminish their trading risks by using platforms that follow strict rules. eToro is a safe social trading broker with top-tier licenses. UAE traders get access to its secure services and platforms.
If you want to store Amazon in a wallet, it is best to use a wallet with an encryption key. Online wallets use reliable safety protocols and public/private keys. We recommend you avoid sharing your private keys with anyone.
The Risks Of Buying Amazon Stock
Buying online assets like Amazon stock comes with risks and is volatile. To avoid losing your funds, we recommend you start with small trades. AMZN is a safe investment, but the process might be challenging for beginners. If you buy AMZN at a high price and its price decreases, you risk losing money. Risks increase if you trade with leverage.
CFD trading platform offers access to leverage services with AMZN. Leverage has the potential to lead to dramatic revenue gains. But it increases the risk of fund losses as well. Online assets are speculative, and we don’t recommend leverage for new traders. Our in-depth reviews discuss risk management and trading in the UAE.
Selling Amazon Stock In UAE
Selling Amazon stock in the UAE is straightforward with an online exchange or broker like eToro. eToro is a popular choice for cashing out Amazon stock in the UAE. Read our platform reviews for more information on cashing out funds in the UAE.
Summary
Amazon stock is a popular investment option. UAE traders receive access to AMZN through secure brokers and platforms. Amazon stock is a good fit for active and advanced UAE traders. These shares are safe, but you need to know where and how to invest in them. It is best to consider an online broker like eToro to buy AMZN stock in the UAE.
FAQ
Are There Any Safety Risks For UAE Citizens?
Online stock trading comes with risks. Amazon stock trading is legal in the United Arab Emirates. Traders have to use a stock exchange platform or broker with top-tier licenses. The main regulators for digital platforms are the FCA, ASIC, and CySEC. The platforms in our reviews use reliable safety measures and follow strict rules.
How Much Money Do I Need To Buy Amazon?
The answer to this question differs based on the platform you use. Buying Amazon stock on eToro has a minimum deposit requirement of $50. The exact fee varies based on a platform’s limitations. Check our in-depth UAE reviews to learn more about online trading and minimum investments.
How To Sell Amazon Stock In UAE?
Selling Amazon stock in the United Arab Emirates is straightforward. For example, if you use eToro’s platforms, you’ll get access to a diversified portfolio. There you have to click on the Sell button. The best investment strategy for making money from an online trade is with capital gains. Capital gains happen when you sell your assets at a higher price than you initially paid.
Has AMZN Split Its Stock?
Yes. Amazon split its stock three times during the “dot com” era:
– a 2-for-1 split of common shares in June 1998.
– a 3-for-1 split of common shares in January 1999.
– a 2-for-1 split of common shares in September 1999.
Amazon has not split its stock for over 20 years.
Is A Stock Split A Good Sign?
Stock splits show a company is doing well. It indicates it could become a profitable investment. The main benefit of a stock split is its lower price. Investors choose to buy stocks when they split because of the lower price.
Is It Better To Buy Before Or After A Stock Split?
Buying a stock before or after a split is a trader’s personal choice. The value of a company is the same during the stock split. There is no direct investment value advantage when buying shares before/after a stock split. But prices might go up temporarily because of the promotional excitement around the stock split. This is usually followed by a quick drop. The stock price “spike” can be an attractive trading opportunity.
How Many Shares Of AMZN Are Available?
In 2021, Amazon had 506,440,520 shares.
What Is A Tech Stock Or Investment?
A tech stock or investment refers to an investment in a technology business. Amazon stock is one of the leading tech stocks available. Read our in-depth reviews to learn more about assets available.
Do You Get A Dividend With Amazon?
No. Amazon doesn’t pay a dividend. A dividend represents a cash distribution paid to shareholders of a company. These come from the profits of a company or retained earnings. Companies pay dividends every quarter per share of stock. For example, if a firm offers 2.00% per share in annual dividends, and you have $1,000 worth of shares, you will receive four payments of $20, a yearly total of $80.
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.