AMC Entertainment Holdings, Inc. (NYSE: AMC) is the largest cinema chain operator in the United States. It’s also the largest in Europe and throughout the world. The company became a poster child of the meme stock frenzy that took Wall Street by storm in 2021 when traders populating social media chat rooms managed to drive the narrative on various stocks and pushed prices significantly as the hype grew.
If you have been wondering where to buy AMC stocks, our complete guide lists the step-by-step procedures for buying AMC stocks using an online broker in the UK. Plus, we have highlighted the top three brokers for investing in AMC stocks so you can kickstart your investment venture on a positive note. So, without further ado, let’s get started.
In this guide
Top 3 Brokers for Buying AMC Shares
AMC shares are listed on the New York Stock Exchange (NYSE), and you need to find a broker with access to the exchange if you want to buy AMC stock. We also advise you to consider a broker that allows you to trade the company’s shares in other forms such as CFDs or indices. This way, you have more opportunities to succeed in trading AMC stock.
You probably know that finding the best stock broker in the UK is an uphill climb. For this reason, we have listed below the top three brokers for buying AMC stock that have been tested and approved by our expert researchers. This is to ensure you have the right tools to buy the company’s shares successfully.
1. eToro
eToro is one of our top recommendations when it comes to purchasing AMC stock. The broker has access to the New York Stock Exchange, meaning you can use it to buy AMC shares and take ownership. On top of that, it has a low minimum deposit of $100 and doesn’t charge commissions for stock investments. However, you will pay spreads, which are also low compared to the industry’s average.
Additionally, eToro is user-friendly and new investors will find it easy to set up an investment account and manoeuvre its platform. Moreover, it is regulated by the Financial Conduct Authority and other global regulatory authorities. eToro also hosts plenty of learning resources and additional asset classes for portfolio diversification, including commodities, cryptocurrencies, and forex.
✔Low minimum to fund an account and begin investing
- Low minimum deposit requirement, and trading charges
- Excellent collection of asset classes for portfolio diversification
- Numerous learning materials
- Social and copy trading platforms for new traders to maximise their profits
- Social and copy trading platforms have high minimum deposit requirement
- Withdrawal charges apply
2. IG Markets
IG Markets is a pioneer and award-winning stock broker that offers quality services to clients globally. Using it to invest in the shares of AMC means you get to enjoy some of the best platforms featuring quality and advanced resources. These include the L-2 Dealer, ProRealTime, and MT4 platforms. Additionally, IG Markets is also a social trading broker that connects global traders and investors on its IG Community platform to interact and learn from each other.
On the flip side, IG Markets charges high trading and investment costs for AMC shares. Moreover, its £300 minimum deposit requirement ranks among the highest. On top of that, the broker is suitable for active traders since it charges a quarterly subscription fee of £50 should you not invest at least three times within three months.
✔ Leading broker with low fees
- Advanced research materials for skills development
- Hosts numerous asset classes to choose from
- Social trading platform for connecting stock traders
- High minimum deposit requirement and trading fees
3. Plus500
Plus500 is a low-cost broker that hosts powerful trading tools to help you to trade AMC shares as CFD. You will incur zero commissions and low spreads. On top of that, its minimum deposit requirement is £100, which is made free of charge. Plus500 also hosts extra CFD instruments you can try, including forex, commodities, ETFs, and more. In addition, learning resources and research tools are adequately offered to give you the best experience.
We hope that Plus500 will someday allow purchasing and taking ownership of AMC shares since you only get to trade them as CFDs. Unlike some of its peers offering a plethora of assets, Plus500 has limited offerings. Its single proprietary platform also limits and inconveniences traders looking for advanced tools or features.
✔ Regulated in many countries
- Competitive spreads
- Low minimum deposit requirements
- User-friendly platform with quality trading resources
- Adequate research materials
- Limited learning resources compared to what its peers offer
Note: 80% 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.
How to Buy AMC Stocks With eToro
If you have been investing in the financial market, you probably know that finding the best stock broker to invest with is an uphill climb. Therefore, feel free to choose any broker from our recommendations above to avoid lengthy research procedures. Remember to consider your needs when selecting so that you can find the best one for you.
Keep in mind that all FCA-regulated brokers with access to the New York Stock Exchange have the same procedures for buying AMC stocks. Below, we help you understand how to buy AMC stocks with eToro as an example.
You need to visit eToro’s website* to create a trading account and complete your AMC shares purchase. Fortunately, we have shared links on this page to easily redirect you to the broker’s website. We hope that at this point, you will have learned everything about share trading and are ready to venture into the stock market. Additionally, eToro has an excellent trading app, and installing it on your mobile device will help you manage your investments whenever you step away from your trading station.
Once you complete the first procedure above, you should register for an account with eToro using your name, email, phone number, date of birth, physical address, source of income, etc. Additionally, eToro will require you to secure your account with a username and strong password, which you must not share with anyone.
Before your account gets approved to buy AMC stock, eToro will select the most suitable trading package based on your skill level. To do so, you will be required to complete a basic knowledge.
It is a standard procedure by all FCA-regulated brokers to have all traders verify their identities to keep online trading safe and secure. For this reason, eToro will require you to verify your identity by providing a copy of your ID card or passport. In addition, you have to submit a copy of your recent bank statement or utility bill to verify your jurisdiction area.
The minimum deposit requirement at eToro is $100 for you to access the NYSE and buy AMC shares. Keep in mind that eToro allows transactions via different methods, including bank transfers, debit cards, and e-wallets. Therefore, make sure the payment method you choose is reliable and transacts fast.
The broker will confirm your deposit and allow access to the NYSE, where AMC shares are listed. Remember, have a budget and select the right amount of shares you can afford. This means that you should put up money in AMC shares that you are willing to lose in case you incur losses in your investment.
Tips on How to Choose the Best Stock Broker to Invest in AMC
We have shared above the top three brokers that can potentially earn you profits by investing in AMC stocks. However, should these brokers fail to meet your investment needs, you will have to find suitable ones by researching on your own. We understand how overwhelming and time-consuming the research process is and share below tips on how to choose the best stock broker to buy AMC shares.
Above everything else, the security of your funds should be paramount, considering there are numerous fraudsters in the market today claiming to be legit brokers. In this regard, choose a stock broker that the Financial Conduct Authority (FCA) regulates. Brokers regulated by world-recognized authorities guarantee your funds’ safety, and it’s easier for you to take legal action against them in case they breach your agreement.
Choose a stock broker that is available anytime you want to open or manage your investment positions. Since it’s not possible to stick around your trading station all day, every day, find a stock broker offering a reliable mobile application. You can download the app from Google Play or App Store and install it on your mobile device to purchase or trade AMC stock when on the move.
For starters, the best stock broker for buying shares in AMC should provide access to the NYSE where the shares are listed. If the broker does not allow purchasing of AMC stock as a physical asset, it should at least let you trade the shares as derivatives. You can also consider brokers with additional trading assets like forex, commodities, ETFs, and more to diversify your trading portfolio and mitigate the risks of incurring massive losses.
Investing in the shares of AMC does not guarantee profits, and it is essential that you prepare yourself for losses. Therefore, have a budget and invest the amount you are willing to lose. For newbies trying to understand the share market, start investing with small amounts and gauge your skills.
A broker with reliable and responsive support service is worth considering since you are guaranteed adequate support in case you encounter trading challenges. You can test a broker’s support service via its demo account by confirming how responsive they are and if they provide relevant solutions to traders’ concerns or problems. Also, choose a broker that can be easily contacted, whether via email, phone or live chat.
AMC Stock Price Today
AMC share price on the NYSE keeps fluctuating and determining its accurate value can be challenging. That is why we have prepared a live chart below to help you gather all the data you need to identify the best entry and exit points. The chart also has historical data that can help you develop the best trading or investment strategy.
About AMC
AMC is a US-based company that engages in the theatrical exhibition business. The company was founded in 1920 by Maurice, Edward, and Barney Dubinsky. It is headquartered in Leawood, Kansas and offers its services in the US and Europe.
AMC became the largest cinema operator in the world following its acquisition of Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016. The company currently operates approximately 950 theatres and 10,500 screens worldwide.
AMC held its initial public offering in 2013, pricing shares at $18 per share. Since then, the stock has been fluctuating in value until 2020, when the company experienced a massive setback after the Covid-19 pandemic forced it to shut down its theatres.
However, in 2021, the stock value started soaring after traders swapping tips on Reddit and other social media sites drove prices up in so-called “meme” stocks.
FAQs
Vanguard Group Inc is the biggest stockholder of AMC, holding a 9.17% stake. BlackRock is a close second with an 8.36% stake in the company.
Whether or not to buy AMC stock right now will ultimately depend on your investment goals and risk tolerance.
Yes. AMC is currently in a somewhat precarious financial situation, but the company has the potential to raise more money and survive.
AMC can be a good stock, but you must monitor the markets carefully and do your research.
AMC Entertainment Holdings, Inc.’s stock symbol is “AMC”.
Conclusion
AMC’s future looks brighter than it has in a long time after the meme-stock frenzy of 2021 helped rescue the company from the brink of bankruptcy. Don’t be intimidated by the notion that consumers nowadays prefer to watch films at home than go to a cinema.
Although AMC has been struggling with the ever-growing popularity of digital-content streaming, it is still quite difficult to replace the experience of watching films in a theatre. This is clearly indicated in the company’s recent quarterly results, where revenue surged nearly 60%.
25,000 hours of testing 70+ brokers. Our recommended broker is Plus500.
Our recommended broker is Plus500.