eBay Inc is an American multinational e-commerce company that has been existing for over three decades. Today, it is one of the most popular online retailers globally for buying and selling a wide range of products. If you want to gain exposure to the e-commerce industry, eBay stock is worth investing in. However, there are essential elements to note to decide whether the stock is a buy or sell.
In this guide, you will learn how to buy eBay stocks using online stock brokers. Plus, we list the top three brokers and how to identify the best to ensure you are fully prepared to kickstart your investment ventures. We’ll also share a brief history of the company and a live chart indicating eBay’s current share price.
In this guide
Top 3 Brokers for Investing in eBay
eBay stock is listed on the NASDAQ exchange under the ticker EBAY. To access the stock and buy, you need a stock broker with access to this exchange. Using a broker to buy eBay shares is pretty straightforward, and you get an opportunity to buy the shares in fractions. Plus, stock brokers allow you to trade the stocks of eBay as CFDs or indices if you are sceptical about purchasing and taking full ownership of the asset.
Unfortunately, the UK financial market is dominated by numerous stock brokers, thus making it challenging for investors to find the best. In this regard, our experienced researchers tested and compared as many stock brokers as possible to come up with the recommendations below. For you to enjoy your experience and maximise your potential, ensure you compare their features and select the one meeting your investment needs.
1. Plus500
Plus500 is a reputable and highly-rated* stock CFD broker, especially when it comes to mobile trading. Traders can use Plus500 Invest to buy shares. Moreover, the broker hosts additional 2,000+ CFD assets in various classes for portfolio diversification. All you have to do is deposit at least £100 to get started.
The best element about Plus500 is that traders on a low budget will find it affordable. This is because, besides having a low minimum deposit requirement, eBay CFD stock trading is commission free, and you only get to pay low spreads. In addition, all transactions are free, whether while making deposits or withdrawals. But Plus500 charges a commission for overnight funding, a currency conversion fee, guaranteed stop order, and an inactivity fee.
*Investment Trends 2022
- Low minimum deposit requirement
- Highly rated CFD trading app on Google Play and the App Store
- Commission-free CFD trading
- Additional assets provided for portfolio diversification
- No advanced platforms like MT4 and MT5 for experienced traders
- Inactivity fees kick in after only three months, making Plus500 an excellent choice for active traders
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.
2. eToro
Whether you are a newbie or a professional in the stock investment industry, eToro is one of the best brokers to consider for buying eBay stock. Not only is it regulated by the Financial Conduct Authority (FCA), but it also features adequate resources for skills and strategy development. The broker has access to the NASDAQ exchange, meaning you can use it to buy eBay shares. With eToro, you can also get exposed to the shares of eBay by trading them as CFDs or indices.
Note that eToro is user-friendly, and you can get started in minutes. Its minimum deposit requirement is $100, which is among the lowest in the industry. Plus, eToro allows you to buy eBay stocks commission-free and exposes you to its copy and social trading platforms for maximum experience.
- Low minimum deposit
- Buy eBay stock commission-free
- It features one of the best social and copy trading platforms
- User-friendly broker hosting adequate learning resources for newbies
- Its trading account’s base currency is in USD
- High spreads
3. AvaTrade
AvaTrade is another world-renowned CFD broker to consider when buying the shares of eBay. While it doesn’t have access to the NASDAQ exchange, the broker still allows you to trade eBay stock as CFDs. Like the above two options, AvaTrade is user-friendly and hosts adequate resources to ensure you enjoy your trading experience. You can get started with it by signing up for an account and depositing at least £100 per its requirements.
AvaTrade also features social and copy trading platforms for connecting with other traders and mirroring trades with profit potential. Besides eBay, you get to try other popular stocks and additional assets to choose the best for portfolio diversification.
- Low eBay stock trading fees
- Highly rated AvaTradeGo app that you can download from Google Play or the App Store
- Offers adequate resources for skills and strategy development
- Availability of MT4 and MT5 platforms for advanced traders
- The social and copy trading platforms are costly to access
- You can only trade the shares of eBay as CFDs
How to Buy/Sell eBay Stocks With Plus500
Trading eBay stock or any other company’s shares is a responsible and risky step. With our above recommendations, getting started is pretty straightforward if you already have an established investment account. We take you through the proper procedures for trading the stock of eBay using Plus500 as an example.
If you do not have an investment account with Plus500, you first need to visit its website and create one. We share links on this page to enable quick access, after which you will share your personal details for account registration. This includes your name, email, date of birth, phone number, etc. You will also be required to select a username and create a password to securely log into your account whenever you want to trade. Remember, Plus500 has a trading app you can install on your mobile device to trade on the go.
Your account will not be activated if you fail to complete your profile. You see, it is a standard protocol for all FCA-regulated brokers to verify all traders’ information before activating their accounts. In this regard, Plus500 will require you to share a copy of your identity card, passport, or driver’s license as proof of identity.
It is also mandatory that you confirm your jurisdiction area by sharing a copy of a recent utility bill or bank statement. Once you share all the required documents, Plus500 will review them and send you a notification via email regarding the status of your account. Therefore, always share accurate details to quickly complete this procedure and start trading.
Plus500 has a simple account funding process and allows transactions using various payment methods, including debit/credit cards, e-wallets, and bank transfers. The deposit process is safe and secure, and Plus500 doesn’t charge fees for deposits. Therefore, once Plus500 activates your account, deposit at least £100 per its requirements to start trading eBay shares.
If you are a beginner trying to invest in the stock market, familiarising yourself with how to invest before putting up real money is paramount. The good news is that Plus500 features a demo account you can use to learn how to trade stocks as CFDs. The demo account is free to use since it is loaded with virtual funds to allow you to explore all featured assets. You can also take advantage of the demo account to try different CFD trading strategies and gauge your skill level before switching to the live trading account.
It is unfortunate that Plus500 only allows you to trade the shares of eBay as CFDs or indices. However, if you want to purchase the stocks, you can use eToro since it has access to the NASDAQ exchange, where eBay shares are listed under the ticker EBAY. Whether you want to buy the company’s shares or trade them as derivatives, select the number of shares you can afford. Also, choose the correct order type and monitor eBay’s share price to know when to close your positions.
Tips on How to Choose the Best Stock Broker to Invest in eBay Stocks
If you want to enjoy your experience investing in eBay shares and increase your chances of succeeding, you need a stock broker that suits your requirements. This means that you need to compare as many brokers as possible by considering essential elements, including:
The best stock broker for investing in the shares of eBay must be reputable and safe for your investment funds. Therefore, confirm whether a broker is regulated by the Financial Conduct Authority (FCA) to avoid signing up with unscrupulous brokers who are only there to scam you. Besides securing your funds, FCA-regulated brokers offer the best trading conditions, and it’s easy to take legal action against them in case of an agreement breach.
If you want to trade eBay stocks, it is crucial to find a stock broker with access to the NASDAQ exchange, where the shares are listed under the symbol EBAY. However, for investors looking to trade the shares of eBay as derivatives, find a stock broker that allows you to do so. The broker should also allow you to explore additional assets and select the best for portfolio diversification.
Not only should you consider a stock broker with a user-friendly platform but one with a fast trade execution speed. This comes in handy when taking short-term positions such as CFDs since you do not want to miss out on any market developments that might affect your trades.
In addition, the broker must host quality trading tools for market analysis and strategy development. For beginners, consider a stock broker with adequate learning resources to help you quickly advance your skill level and become more independent. Most importantly, find a stock broker hosting a demo account to help you practice trading and gauge your skill level before diving straight into the live markets.
As a trader, whether new or professional, it is crucial to work with a fixed budget to avoid overspending since trading can be addictive. Therefore, use your budget to find a stock broker you can afford by considering the minimum deposit requirements, transaction charges, commissions/spreads, margin rates, etc. Remember, most stock brokers in the UK allow you to purchase eBay shares in fractions, leaving you with no excess to explore the stock market.
Stock brokers in the UK have customer service portals to visit for assistance in case you encounter trading challenges. However, their schedules differ since most of them are available five days a week while others operate 24/7. In this regard, find a stock broker with a support service that is convenient for you. They should also be contacted via the best communication channels, including phone, email, or live chat.
Although a stock broker might feature all the elements above and be considered the best for you, always confirm other users’ experience with it. This is because you do not want to miss out on any red flags that might jeopardise your experience. That being said, visit Google Play, the App Store, or Trustpilot to analyse user recommendations before making a final decision.
eBay Stock Price Today
Traders and investors must always stay abreast with the current eBay stock price to easily strategise and identify the best entry and exit points. Unfortunately, the stock market is volatile, and eBay’s share price constantly fluctuates. That is why we share a live chart below indicating the company’s current stock value. You can also access eBay’s historical price data for future predictions that might work in your favour.
About eBay
Founded in 1995 by Pierre Omidyar, eBay is a multinational e-commerce company headquartered in California, US. The company started with only 30 employees as a customer-to-customer auction service business, but it has since grown to become a leading online retailer globally. After going public in 1998, eBay was listed on the NASDAQ exchange under the ticker EBAY. Since then, millions of investors have been purchasing and trading its stocks via credible brokers.
Note that eBay has made various acquisitions and implemented numerous strategies to increase its revenue. Besides buying PayPal, Skype, Rent.com, etc., which it later sold, the company relies on its feedback system whereby buyers get to rate sellers and its services in general. Consumers can access its platform via desktop and mobile devices to make purchases and sales. eBay also has its own NFT marketplace for buying and selling NFTs.
FAQs
To buy shares on eBay, you need a reliable stock broker with access to the NASDAQ exchange, where the shares are listed under the ticker EBAY. Before you select a suitable broker, ensure you are familiar with how the stock market works to increase your chances of succeeding.
eBay is a common stock, meaning owning the shares gives you voting rights within the company. Plus, you get to earn dividends.
Yes. We consider eBay a buy. However, you must conduct a thorough market analysis and stay abreast with its current share price to identify the best entry and exit points. Most importantly, invest using a credible stock broker like the ones referenced in our mini-reviews above.
Yes. eBay is one of the popular companies that pays its shareholders quarterly dividends. Therefore, if you purchase shares in this company, ensure you also add eBay to your watchlist to know its next dividend amount and ex-dividend date.
Conclusion
eBay remains one of the best online retailers in the e-commerce industry, thus attracting many investors looking to invest in its stocks. The best element about investing in the stock of eBay is that shareholders get to earn dividends on a quarterly basis. This makes it worth a buy, but ensure you always stay informed with the company’s latest development to know when to make a move.
Overall, we hope you have cleared all doubts if you were sceptical about investing in eBay shares. With the best stock broker in your corner, you will have a smooth trading or investment journey, thus increasing your chances of succeeding.