Invest $10k – Best Ways To Invest $10,000

Fact Checked by Gary McFarlane

If you live in the US and have $10,000 in your bank account, you may invest in the financial market to get an attractive return. Unfortunately, it is often problematic for investors to find a reliable source of earning money through investment, but there is an exception.

Because in this guide, you will see the best way to invest $10,000 in forex, stocks, indices, ETFs and cryptocurrencies. We will guide you on the best way to invest $10,000 from the US to achieve the most beneficial outcome.

#1 Broker to Invest $10k – eToro

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  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

Best Ways to Invest $10,000 in the US – Overview

There are thousands of ways of making investments in the US market. You can choose any broker that allows trading on different instruments. However, finding the best broker and choosing suitable instruments are key. So let’s see what type of investment opportunity is waiting for you:

  • Index Funds – Invest $10,000 in the US on Index funds that track the performance of several US Indexes.
  • Stocks and Shares – Hundreds of US stocks are available to invest $10,000
  • Cryptocurrency – Invest $10,000 in Bitcoin, Ethereum, Litecoin, and many more.
  • Gold – Start metal trading with a $10,000 investment.
  • Copy Trading – Follow experienced traders account just by investing $10,000

Before proceeding to the investment method, you should have a clear idea about all opportunities available to you.

The Best Way to Invest $10,000 in the US

Finding the perfect way to invest $10,000 in the US would not be easy for everyone. However, if you follow the steps shown in the below section, you will be ready to invest $10,000 within 5 minutes:

  • Step1: Open an account in a broker eToro– It is a user-friendly broker where US citizens can trade thousands of instruments with lower costs. Therefore, it is the best option to invest $10,000 by clicking on the Join Now section from the eToro Website.
  • Step 2: Verification – After opening the account, input your Passport or Driver’s license to verify your identity.
  • Step 3: Deposit – Now, you can invest $10,000 in your eToro account. You can make the transfer with Debit/Credit cards, e-wallets and direct bank transfers.
  • Step 4: Find the Instrument – in eToro, you can trade forex, stocks, indices, commodities, ETFs, cryptocurrencies and many more. In addition, you can access the market by clicking the “Trade Markets” option.
  • Step 5: Invest $10,000 – After finding the trading instrument, click on the “Open Trade” button to buy/ sell something. 

Invest $10,000 in the US- A Step-by-step Guide

In this section, we will see the step by step approach to choosing the right platform and trading instrument 

Step 1: Find the Right Platform- A Complete Broker Review

The first condition of investing $10,000 in the US is to find a CFTC regulated platform. Moreover, the platform should have lower fees with an opportunity of accessing a wide range of markets. For new traders, a simple interface is also important. Considering all requirements, we have listed some brokers that might help you choose the perfect option for you.

1. eToro- A Complete Solution for $10,000 Investment

eToro would be the best option for you for making a $10,000 investment in the financial market. This broker serves more than 20 million people, with an easy-to-use interface so that people from all levels can take part in trading.

eToro has more than 1000 assets for trading. Therefore, investing $10,000 in multiple markets through the eToro broker would be an excellent opportunity for you. First, however, building a trading portfolio with forex, commodities, ETFs and indices is easy with this platform. The best feature of this broker is that it allows trading in stocks and ETFs without paying any fees or commissions. For other assets, you have to pay for spreads only. Moreover, there are many crypto assets like Bitcoin, Litecoin, Shiba Inu, Dogecoin, Ethereum, etc. Therefore, the best approach is to expand the trading portfolio in multiple actors like forex, stocks, indices, ETFs and cryptocurrencies.

On the other hand, if you want to split your $10,000 into several instruments, you can use the ‘fractional ownership’ from the eToro platform. This process allows investing a specific amount in an asset through the eToro app. On the other hand, passive investors can choose the copy trading function where your account will automatically execute expert traders’ trade. Furthermore, if you want to participate in financial trading with $10,000 in the US- you can do it with your Debit or Credit Card or the bank-wire transfer. Lastly, eToro is regulated by CFTC, so trading in this broker allows maximum coverage and support from the regulatory authority.

eToro Fees

Fee Type Fee Amount
Commission Fee 0%
Deposit Fee $0
Withdrawal Fee $5
Inactivity Fee $10 (Monthly)

Pros

  • Start trading with as low as a $50 deposit.
  • User-friendly interface with a lot of trading instruments.
  • Built-in copy trading and social trading.

Cons

  • Does not provide MT4 and MT5 platforms.
  • Trading tools are essential for advanced traders

67% of retail investor accounts lose money when trading CFDs with this provider.

2. OANDA – Great Platform to Invest $10,000

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OANDA was founded in 1996 and got regulation from six tier-1 jurisdictions that include the CFTC. It offers a safe trading environment for forex and CFDs trading with many research, news and market analysis tools. Although it offers trading in many assets, the algorithmic trading function is the most attractive feature of this broker.

OANDA offers trading through its built-in trading suite, fxTrade, where you can see the advanced price chart and news. It is available on the web, desktop, and mobile with more than 8- indicators and many trading tools. On the other hand, the Seer trading platform with an algorithmic trading opportunity is available for OANDA traders. Moreover, you can connect your trading platforms in NinjaTrade, Motive Wave and Multicharts. MT5 and MT4 are convenient trading platforms for new traders, and OANDA successfully meets traders’ requirements by making these platforms available.

Now come to the trading cost. If we compare OANDA with a standard broker, we may find it a slightly better option for trading. The average trading spread in the EURUSD pair is around 1.2 pips that change with the market volatility. Moreover, it allows micro lot trading. So, you can invest $10,000 in this broker without utilizing the entire fund in a single market. We have reviewed the spread and found it stable compared to other brokers on the news releasing time.

Oanda Fees

Fee Type Fee Amount
Commission Fee 0%
Deposit Fee $0
Withdrawal Fee $0
Inactivity Fee $0

Pros

  • Regulated broker with lower costs.
  • No commission- only spread is applicable.
  • Lots of trading instruments. 

Cons

  • Does not provide CFDs trading opportunity in cryptocurrencies.
  • The full feature is available on the Advanced Trader loyalty program.

67% of retail investor accounts lose money when trading CFDs with this provider.

3. IG – Safe Platform to Invest $10,000

IG is a forex and CFDs broker with more than 2000 trading instruments available for investors under the CFTC regulation. Therefore, if you are willing to expand your $10,000 in the flexibility of an investment option, IG would be a good choice for you. This broker offers both CFDs and direct trading through the DMA account, but some restrictions apply to cryptos.

This broker has a good selection of trading platforms and tools that may attract experienced traders’ attention. Besides the L2 Dealer and ProRealTime platform, IG web-based platform is a sophisticated place with many trading tools. Besides, it has the famous MetaTrader 4 and MetaTrader 5 platforms to trade in a flexible and user-friendly environment.

If you want to expand your $10,000 investment in multiple sectors, you may struggle with IG. Although it offers a wide range of trading instruments, the only option available for US clients is direct trading. You cannot trade CFDs with this broker where the DMA account is applicable only. On the other hand, there are more than 200 forex pairs on this platform. So that even if you don’t have an opportunity to trade in other instruments like stocks, ETFs or cryptos, you can quickly expand the portfolio with forex instruments.

IG mobile platform made trading convenient for traders worldwide, where they can open positions from anywhere in the world. You can see the full feature of the app after logging in with your credentials. As soon as you log in, you will see the list of assets with charts and the buy/sell function. Moreover, you can search and make your favourite instruments in an index.

IG Fees

Fee Type Fee Amount
Commission Fee 0.1%
Deposit Fee $0
Withdrawal Fee $0
Inactivity Fee $10 (monthly)

Pros

  • Sophisticated Web trading platform.
  • Massive education tools.
  • Lots of methods in deposit and withdrawal.

Cons

  • Does not support CFDs.
  • Limited copy trading function.

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Best Way to Invest $10,000  – Find the Instrument

In the above section, we have seen the list of best brokers to invest $10,000 in the US. Now, we will focus on finding the trading instrument to utilize the $10,000 in the best way.

There are thousands of instruments available for you in the US market but finding the most profitable is the key. All financial markets are with some avoidable and unavoidable risks where minimizing them is our ultimate goal. Therefore, before injecting your $10,000 into the US market, we suggest you do extensive research to find the most suitable option for you.

Let’s point out the right path to investing the $10,000 in the US in the five best steps:

Index Funds – Best Way to Invest $10,000 in the US

As a beginner, finding the best investment opportunity is often difficult. A wrong investment decision might put your hard-earned money at risk. Therefore, if you are new in the investment sector and want a stable profit with minimum risk, you can invest your $10,000 into index funds. Overall, index funds allow you to invest in different asset types passively.

The index fund manager will determine the asset and time for buying and selling. Therefore, if you invest $10,000 in an index fund, you don’t have to bother about how the benefit will come. There are hundreds of index funds in the US market based on which funds it tracks. In this manner, the best index funds for you would be the S&P 500. It has been running since 1926 by monitoring the performance of 500 US companies.

By taking part in the index fund, you buy shares of top US companies like Facebook, Apple, Google, Microsoft, Nike, IBM and many more. Besides, the index funds manager rebalances the portfolio every three months so that the investment amount can align with the US economy.

eToro allows starting index funds trading in 5 minutes without any trading commission. Besides the S&P 500, there are other index funds like FTSE 100, Dow Jones 30, Russell 2000 etc., from where you can get a stable profit from a $10,000 investment.

Index Fund Pros

  • Most secure way to invest $10,000
  • Your investment tracks hundreds of stocks in a single trade
  • The best option for passive investment.
  • Trade index funds in eToro with zero commission and low fees.

Index Fund Cons

  • You cannot track which stocks were bought.
  • An annual fee is applicable for investors.

2. Stocks and Shares – Invest $10,000 in US Stocks

After the index funds, if you want to invest in specific sectors, traditional stocks and shares would be the best option. First, you have to identify the list of companies with the possibility of stock price appreciation and start buying stocks. However, with stock trading, you have to consider the market cycle, company performance, micro and macroeconomic outlook, etc. eToro allows trading thousands of stocks through a single trading account that includes shares from S&P 500, FTSE 100, Dow Jones 30 and Nasdaq 100.

During the pandemic, most of the people were forced to stay at home. Therefore, they spent most of the time in tech services that allowed tech stocks to boom since the pandemic started. If you want to participate in the tech stocks, you should open an account in eToro and find suitable stocks that might grow higher. However, the best practice of investing in the stock market is to expand the portfolio on multiple shares. So you can invest your $10,000 in the US market by buying numerous stocks at a time.

Stocks and Shares Pros

  • Thousands of US stocks are available to trade.
  • Your investment is entirely under your control.
  • The easiest way to diversify the investment is to invest in multiple stocks.
  • Suitable for making long-term investments.

Stocks and Shares Cons

  • Without knowing the market analysis, trading might be difficult.
  • You cannot ignore the volatility of the stock market.
  • You should have an investment mindset.

3. Cryptocurrency – Invest $10,000 into Cryptocurrencies

Cryptocurrency has become the mainstream investment opportunity for US traders. Most notably, it came into the limelight after surpassing the $2 trillion market capitalization. It is incredible to see the price of a Bitcoin surge 1 cent to $64,000 in 11 years. Currently, there are more than 12,000 digital currency pairs, and you can trade anyone you want with the $10,000 investment.

The most significant factor about cryptocurrency trading is that it contains a lot of volatility. People only speak out when a cryptocurrency surges higher. However, in some cases, a crypto asset’s price may fall 10% to 50% a day, which is uneven in the traditional market. Therefore, if you have an HODLing mindset in crypto trading, diversifying the $10,000 investment in cryptocurrencies would be the best option.

You can start crypto trading in eToro with as low as $25 investment. eToro offers an innovative crypto portfolio to invest in assets like Bitcoin, Ethereum, Shiba Inu, Litecoin, Dogecoin, Ripple, Polkadot and many more.

Cryptocurrency Pros

  • Thousands of trading instruments are available to invest in.
  • 24/7 market with a pure supply and demand trading opportunity.
  • The opportunity of having a 10,000% gain in a year.
  • Opportunity to join the market early.

Cryptocurrency Cons

  • Very volatile market- a wise decision is highly required.
  • Possibilities of getting scammed.

4. Gold – Invest $10,000 in Gold through ETFs

The safe-haven nature of gold allows it to be considered the most beneficial investment during the economic turmoil. Gold is a precious metal with a store of value for more than 4,000 years. In the present world, you don’t have to hold physical assets of  Gold to take part in gold investment. You can start gold trading with your $10,000 investment through an ETF. It allows you to buy and store the gold on your behalf. One of the biggest ETFs is the SPDR that holds 10,000 tons of gold bullion.

The price of an ETF changes the value with the spot price. Therefore, you can consider ETFs a highly liquid asset where you can easily open and close trades through the eToro platform. However, Gold often shows a higher price fluctuation than other instruments that might increase the uncertainty of your investment unless you apply a risk management technique.

Gold ETF Pros

  • Invest in a safe haven asset.
  • Easy to open and close positions in Gold.
  • Ability to cash out at any time.
  • Gold has had a store value for more than 4,000 years.

Gold ETF Cons

  • Very volatile market behavior than stocks.
  • Negative correlation with the stock market.

5. Copy Trading – Invest $10,000 Under an Experienced Trader

Copy-trading involves following another person’s trade directly on your account where you don’t have trading knowledge. Therefore, if you don’t want to get involved in trading personally, the best option for you is to choose the eToro Copy Trading tool. It is currently used by millions of people where you can see the performance of the master before investing.

For example, you can invest $10,000 under an eToro trader who focuses on stocks. So, you can allow the master to utilize 20% of your investment so that he can trade your account for $2000. Now, you can enable other copy traders to use another percentage of your investment. In this way, you can use the complete $10,000.

eToro has thousands of verified experts where finding the reliable one is very easy. Besides stocks, you can choose experts in forex, ETFs and commodities. On the other hand, if you are an expert in trading, you can invite other people to invest under you and make money together.

Copy Trading Pros

  • Best way to diversify the passive income opportunity.
  • Thousands of expert traders in eToro.
  • Start copy trading with a minimum of $500 investment.

Gold ETF Cons

  • There is a risk that the expert might make losses.
  • There is no way to instruct the expert.

Step 3: Invest $10,000 Today in the US

If you have completed the above section, you know which platform is best for investing $10,000 in different instruments. Now, we will focus on a step-by-step guide regarding how you can invest today:

Open an Account

First, you have to open an account on eToro by following some simple steps. As soon as you click “Join Now,” you can complete the sign-up by inputting your name, email and verification documents. You can submit your ID card, passport or driver’s license. 

Deposit Funds

In eToro, the minimum deposit requirement is $200. Therefore, if you want to invest $10,000 in the US, you can easily choose this broker. There is a wide range of deposit and withdrawal methods, including bank wire, PayPal and e-wallets.

Find Instruments

After opening and verifying the trading account, you can now buy an asset with your $10,000. You can scroll your favorite asset from the list, or you can search for them by name. eToro includes a wide range of instruments from forex, stocks, indices and cryptocurrencies.

How to Invest $10,000 In The US – Conclusion

In this guide, we have discussed what you should do about investing $10,000 in the US market. Although we have shown you the most suitable platform to start your journey, you should focus on extensive research before depositing money.

In summary, we have found eToro as a reliable broker to invest $10,000 in the US. As it is a CFTC regulated broker with an opportunity of trading multiple instruments, you can open an account here and start trading with a lower fee.

eToro – Best Broker to Invest $10k

1
$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

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About Mir Biru PRO INVESTOR

Kamrul is a freelance Financial Content Writer with experience in SEO based content writing and practical trading for more than three years. With a chartered accountancy qualification and finance background, he gained valuable knowledge about the financial markets. He has also worked as a technical ghostwriter for some of the world's famous financial service providers.