How to Invest in Rivian – Investing in Rivian For Beginners 2021
If you’re a techie, you’ve probably heard of Rivian, which is one of the US firms sponsored by e-commerce behemoth Amazon. It’s also one of the most anticipated initial public offerings. Many investors are wondering how to acquire Rivian stock because of its high valuation, backing from Ford, Amazon, and a select group of venture capitalists, as well as its high-profile industry.
Throughout this guide, we will explain how to invest in Rivian, as well as step-by-step guidance on how to get started.
#1 Broker to Invest in Rivian – eToro
How to Invest in Rivian – Step by Step Guide 2021
If you’re having trouble figuring out how to invest in Rivian, we’ve put together this quick guide to get you started in under 5 minutes.
- Step 1: Create an account with eToro – The first step is to create an account with a broker. eToro is a platform that we endorse. Simply go to eToro.com, click the “Join Now” button, and fill out the relevant information.
- Step 2: Verify your Identity – You’ll need to verify your identity because eToro is a regulated site. You’ll only need a photo ID (passport or driver’s license) and proof of address (utility bill, bank statement).
- Step 3: Fund your account – After you’ve verified your account, you’ll need to fund it. Simply select “Deposit Funds,” enter the amount to be invested, and click “Deposit.”
- Step 4: Invest in Rivian – That’s all there is to it! You’re ready to invest; simply type “Rivian” into the search field, click “Trade,” enter the amount you want to invest, and click “Buy.”
Where to Invest in Rivian – Choose a Broker
With so many alternatives, it can be difficult to choose just one broker; fortunately for you, we’ve done the groundwork and research so you don’t have to!
Our detailed reviews of the best platforms for investing in Rivian can be found below.
1. eToro – Best Overall Way to Invest in Rivian
eToro is the largest platform on our list, with over 17 million users. Since its launch in 2007, eToro has become one of the most popular investment platforms for both novice and experienced traders. They’ve done so by putting a ton of great features into a single, easy-to-understand package.
Security & Privacy
When deciding which brokerage best suits your needs, one of the most important factors to consider is security. The FCA and CySEC govern eToro, ensuring that your funds are safe and your personal information is secure. eToro SSL encrypts any important information you supply in order to protect it from hackers attempting to intercept it. Users can also benefit from using two-factor authentication (2FA), which works as a last line of protection in the event that their account is compromised.
Fees & Features
eToro’s modest interface conceals a plethora of advanced trading options that would keep even the most seasoned trader occupied. CopyTrading, a method of automatically mirroring more experienced traders and producing a passive income stream with no trading knowledge, may be of interest to new users.
Those with prior trading expertise will be pleased to see that eToro offers a wide range of markets, including cryptocurrency, forex, and, of course, stocks, allowing you to manage all of your investments in one place. Furthermore, eToro is a commission-free platform, which means that if you invest £1000, you will receive £1000 in return.
|Fee Type||Fee Amount|
|Inactivity Fee (charged monthly)||$10|
- Simple interface
- SSL encryption
- Could benefit from MetaTrader support
67% of retail investor accounts lose money when trading CFDs with this provider.
2. AvaTrade – Accessible Way to Invest in Rivian
AvaTrade, the oldest platform on our list, has been keeping up with the competition for over 15 years. They haven’t done so by providing poor service; instead, AvaTrade provides a safe and polished trading environment for their customers. They allow customers to participate in the most popular markets, so you’re also covered if you want to invest in something other than Rivian.
Security & Privacy
AvaTrade clearly cares about their customers’ security, and they’ve done a good job of improving on traditional security measures. To limit the possibility of a digital adversary intercepting client data, they deploy 256-bit SSL encryption. AvaTrade users can also take advantage of McAfee Secure integration, which hides any identity documents or card information.
Fees & Features
AvaTrade places a strong emphasis on offering users an easy-to-use, hassle-free trading experience. Users benefit from a commission-free fee structure, which assures that you won’t lose any money due to hidden fees (just make sure to watch out for the inactivity fees).
AvaTrade excels at ensuring consumers aren’t left trapped or confused; they have a dedicated phone line and an email support team available 24 hours a day, 7 days a week, lowering the chances of a customer losing out due to technical troubles.
If you meet the conditions, you can open a professional trading account with AvaTrade, providing you access to larger leverage and a wider selection of financial instruments.
Users can also open a halal account, which is something that not many platforms offer and is clearly a step toward making trading more accessible to everyone.
|Fee Type||Fee Amount|
|Inactivity Fee||£50 after 3 months & £100 after 12 months|
- Professional trading account
- Halal account
- Excellent support
- Steep inactivity fees
- Not available in certain countries
Your Capital is at Risk.
3. Capital.com – Invest in Rivian Easily
Despite the fact that it hasn’t been around as long as the other platforms we’ve discussed, Capital.com has taken the retail investment industry by storm. They provide a large number of trading instructions, assisting new traders in learning the ropes rather than throwing them into the deep end right away. This has the advantage of producing better traders, who invest more frequently as a result.
Security & Privacy
While it’s understandable that many individuals are afraid to provide sensitive information online, Capital.com adheres to some of the greatest data privacy procedures available. They adhere to PCI data security requirements, which means you won’t have to worry about your information getting “lost” or being sold to the highest bidder.
Customers in the United Kingdom are also protected by FDIC insurance, which covers them up to £85,000 in the event that Capital.com is hacked. Capital.com is also regulated by the FCA and CySEC, which means they’re subject to the same audits and tight standards as eToro.
Fees & Features
If the superb security wasn’t enough, Capital.com offers several unique benefits to its consumers. The range of tutorials offered to new users can be extremely beneficial; they cover almost any topic you could require, from the foundations of trading to comprehending different markets. Beginners are in a terrific position to get their trading career off to a good start, especially when combined with a practice account.
Experienced traders, on the other hand, shouldn’t feel left out because Capital.com features complete TradingView integration, allowing you to plot market movements using advanced charting tools. Overall, we believe Capital.com is capable of keeping up with its slightly older peers thanks to these features.
|Fee Type||Fee Amount|
- Demo Account
- FDIC insurance
- TradingView integration
- Great range of guides
- Limited to trading CFDs and stocks
- Track record far shorter than some competitors
76.72% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.
Invest in Rivian – Broker Price Comparison
Still unsure about which broker is right for you? Don’t worry, we’ve included an informative table to assist you in making your decision.
|Broker||Commission||Deposit Fee||Withdrawal Fee||Inactivity Fee|
|eToro||0%||£0||£0||£10 monthly (after 12 months of inactivity)|
|AvaTrade||0%||£0||£0||£50 after 3 months, £100 after 12 months|
What are the Different Ways to Invest in Rivian?
If you want to invest in Rivian, you should think about the various alternatives open to you. Trying to comprehend the distinctions between each sort of investment when you’re new to investing can be quite confusing. You’ll be confronted with a lot of difficult-to-understand financial jargon, and even if you figure out how you want to invest, make sure the broker you choose supports it.
All of this might be discouraging to new investors since the technical side is often perceived as a barrier to entry for individuals with little knowledge. To make things as simple as possible, we’ve broken down three of the most common ways to invest in Rivian and explained them in simple terms.
Stocks, also known as shares, are a wonderful way to invest in Rivian because they offer an easy-to-understand method of investing with a lot of long-term potential.
When you buy a share of Rivian, you’re buying a piece of the company, making you a part-owner. This means that buying Rivian stock offers a few distinct advantages, the first of which is dividends. Many people strive for passive income, which can be easily attained by investing in stocks. When you buy enough of a company’s stock, you can start receiving dividend payments (usually quarterly or annually), which are a company’s way of passing some of its profits to investors.
Another great advantage of investing in Rivian stocks is voting rights. Similar to dividends, you can vote in Rivian shareholder meetings, allowing you to participate in the company’s future decisions. The number of votes you receive is proportional to the number of shares you possess.
CFDs (Contract For Difference)
A contract for difference, or CFD, is a means to invest in a company without purchasing any stock. Rather than buying a piece of a firm, you bet on whether the share price will rise or fall, and benefit if you get the direction right. Because you do not hold any shares, you will not be eligible for any of the previously listed benefits.
Due to the possibility of a deal being liquidated and the increased risks of an unfavorable outcome, investing in Rivian CFDs is often seen as riskier than investing in equities. CFDs, on the other hand, can make you a lot of money far faster than stocks, with some people generating thousands of dollars trading CFDs in just a day or two.
ETFs (Exchange-Traded Fund)
ETFs, or exchange-traded funds, are the third method of investing in Rivian that we’ll explore. An exchange-traded fund (ETF) is a form of fund created by a brokerage or fund manager that allows you to invest in a range of firms without having to do all of the research that you would otherwise have to do.
The fundamental distinction between an ETF and stocks is that, although investing in a collection of firms, you do not own any of the companies themselves; instead, you own a portion of the fund that does. As a result, while you will continue to receive dividend payments (assuming the fund passes them on), you will no longer have voting rights.
Best Ways to Invest in Rivian
Now that you know the distinctions between the three most frequent forms of investments, you can figure out who will gain the most from them. The best investment for you will be determined by your specific needs and investment strategy, though one simple approach to think about it is to consider how long you expect to invest.
Invest in Rivian Stocks
Do you believe Rivian has long-term potential? If that’s the case, Rivian stocks could be ideal for you. Stocks, which are often seen as the most basic sort of investment, are a fantastic choice if you want to invest with minimal effort. A company’s share price is directly linked to its performance (among other things), so investing in stocks is relatively risk-free if you believe the company will continue to do well. However, if the company has a bad year, you could lose some money.
Dividends can also be a great way to receive passive income while investing. If you’re short on cash, a dividend payment could save you from having to sell a portion of your stock.
Invest in a Rivian CFD
Long-term investments aren’t for everyone; some people prefer short-term investments that last only a few days. If this describes you, a CFD may be the solution you’ve been searching for. Because you are not purchasing anything when you invest in a CFD, you have more liquidity than when you invest in the other methods we discussed.
CFDs typically offer a better potential of “getting wealthy quickly,” yet if you don’t position yourself wisely, you could lose more money than you put in. This is by far the finest approach for any risky traders because it has a significantly higher risk to reward ratio.
Invest in a Rivian ETF
Stocks and CFDs aren’t your cups of tea? We’ve got you covered, thankfully. Investing in a Rivian ETF combines the two concepts and bridges the gap. You’re not linked to any single equities with an ETF, and the risk is generally smaller because you’re investing in a range of companies, which means that if one suffers, the others in the fund should, in theory, compensate, reducing any losses.
Because there are so many ETFs that comprise various companies, it’s crucial to figure out what percentage of the fund is made up of Rivian equities.
Is Rivian a Good Investment?
As one of the game changers in the EV industry, Rivian would generally be regarded as a safe investment, after it secures IPO. While Rivian’s official valuation has not been disclosed, a report published in August estimated the company’s value to be approximately $80 billion, which is higher than the market capitalization of industry giant General Motors (GM).
Rivian isn’t going after GM or even Ford Motor Company. Instead, it’s focusing on expanding like electric vehicle behemoth Tesla, Inc (TSLA), whose market capitalization has risen from $75 billion at the end of 2019 to about $730 billion now. For potential Rivian IPO investors, it’s that rapid ascent that’s nearly enticing. Keep in mind, though, that big IPOs are never a sure thing. The EV space alone is riddled with the ruins of failed businesses that promised to cure climate change while also making you wealthy.
EV is Booming: It’s Inevitable. The electric vehicle business has been growing for years, and investors continue to pour billions of dollars into it.
While this is still a young business with lots of potential, it also has a lot of challenges, which means there’s room for costly mistakes that might have far-reaching consequences. The all-year rise in electric vehicle (EV) companies may have blinded some investors from market challenges. The EV industry has risen rapidly in a short period of time, resulting in an optimistic market attitude; nevertheless, considering the dangers associated with EV investments, investors may want to temper their enthusiasm.
Investing in Rivian – What are the Risks
All investments have some level of risk. Despite the high amount of institutional support and strong levels of buzz, Rivian may raise certain worries. Rivian has yet to sell a vehicle. Rivian’s forays into the automobile business are eagerly anticipated, but there’s no guarantee that the market will accept them. A few negative reviews or well-publicized failures could have a negative impact on the company’s prospects.
Rivian’s automobiles will cost a lot of money. The first price range for the cars will be $68,000 to well over $70,000. This could restrict growth by limiting the market for the products. The competition is going to be fierce. Tesla has dominated the electric vehicle industry, but Rivian’s offers will be joined by a slew of new goods. Rivian’s target audience might not be interested. Rivian is aiming for the SUV, light truck, and delivery van markets, whereas other EV manufacturers have started with cars. Pickup and SUV buyers may be less open to EVs.
All of these dangers are hypothetical. They could have a positive or negative impact on the company’s worth. To evaluate whether investing in Rivian stock is the greatest use of your money, you’ll need to conduct thorough research, just like you would with any other investment.
How to Invest in Rivian with eToro
It can be challenging to get started on a new investment platform; it can be difficult to navigate the website, understand the pricing structures, and determine which broker is suitable for you. This comprehensive guide will show you how to get started on eToro, our top Rivian investment site.
Step 1: Open an account with eToro
If you want to invest in Rivian, the first step is to open an account with a reputable broker. We recommend eToro for this because it provides a fantastic combination of security, extensive trading features, and an easy-to-understand pricing structure. Simply type “eToro.com” into your browser, click “Join Now,” and fill out the required information.
Step 2: Verify your account
Because eToro is a regulated platform, you’ll need to verify your account before you can start trading. This is because they follow strict data protection and money laundering rules. Verifying your account is simple; all you need is a photo ID (passport, driver’s license) and proof of address (bank statement, utility bill).
Step 3: Fund your account
You’ll need to fund your account after you’ve verified it. This is made as simple as possible by eToro. Simply select “Deposit Funds,” input the amount you want to invest, and click “Deposit.” eToro accepts a variety of payment methods, including credit/debit cards, e-wallets (PayPal, Skrill, and other similar services), and bank transfers.
Step 4: Invest in Rivian
You’re ready to invest in Rivian once you’ve funded your account! Simply type “Rivian” into the eToro search field, choose “Trade,” enter your desired investment amount, and hit “purchase.” That’s it, you’ve become a Rivian investor!
Now that you’ve finished reading our guide, you’ll have all the information you need to make an informed decision about investing in Rivian! We’ve covered the best Rivian brokers, some of the benefits and drawbacks of investing, and a step-by-step tutorial on how to get started investing in just a few minutes.
If you’re still undecided about which platform to use to begin investing, we have a suggestion for you. After examining security, the convenience of use, and feature quality, we came to the conclusion that eToro was the clear winner.
We’ve reached the end of the guide, and we hope you found it useful. Thank you for taking the time to read this.
Best Broker to Invest in Rivian – eToro
Where can I Invest in Rivian?
What is Rivian Stock?
What is a Rivian ETF?
Should I Invest in Individual Stocks or a CFD?
What’s the Future of Rivian?