How To Buy Apple Stocks – Investing In Apple Stocks Beginner’s Guide 2022

Fact Checked by Gary McFarlane

Apple (NASDAQ: AAPL) is an American tech giant that specializes in electronics, online services, and software. It has managed to carve a niche for itself in the technological world with its unique electronics. Its iPhone series has been path breaking and it has recently touched a $3 trillion market cap. Apple poses an excellent opportunity for investors looking to invest in a reliable company for the long term. Apple is only going to grow from here and now would be a great time to get in the market if you are looking for big returns,

In this guide, we will be covering everything you need to know about buying Apple stock. We walk you through the process of buying the stock, the best brokers to help you do it, and the pros and cons of purchasing stock. 

#1 Broker to Buy Apple Stocks – eToro

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How to Buy Apple Stocks – Step By Step Guide 2022

If you are looking to buy Apple stock and this is your first time doing so, you may find the process a bit confusing. Many platforms make buying stock unnecessarily difficult for beginners. We have compiled an easy-to-follow guide to help you through the process. 

  • Step 1: Register yourself on eToro: The only prerequisite to buying Apple stock is to be on a brokerage platform. We recommend eToro as it provides excellent features and ease of use. Simply search ‘eToro.com’ in your browser, click on ‘join now’, and fill the required fields on the form.
  • Step 2: Verify yourself: eToro is a regulated platform, so you will have to verify your identity to be a part of the platform. To do so, you will need to provide a photo ID like a passport or driving license and proof of address like a utility bill or bank statement. 
  • Step 3: Fund your account: The next step would be to fund your account to be able to purchase stocks. Click on the option to ‘deposit funds’ and enter the amount you want to deposit. Click on ‘deposit’ to finish the transaction. The platform supports credit and debit cards, bank transfers, and eWallets such as PayPal and Skrill.
  • Step 4: Invest in Apple stock: You can finally purchase your first Apple stock. Simply type ‘Apple’ in the eToro search bar and click on ‘trade’. Enter the amount you want to purchase and click on ‘open trade’. There you go, you purchased the stock. You can access your investments in the portfolio section.

Where to Buy Apple Stocks – Choose a Broker

Before you begin your journey in the world of stocks, you should take the time to choose a broker to engage in the market with. With so many options available in the market today choosing the right one can be quite a confusing task. To save you the hassle, we have compiled an in-depth review of the best brokers in the market.

1. eToro – Overall Best Broker to Buy Apple Stocks

Beginning in 2007, eToro has since managed to grow into one of the largest brokerage platforms in the world. It serves over 20 million loyal users with a blend of excellent features and a simplistic interface. Not just that, eToro is protected by some of the best security protocols. It aims to serve beginners and seasoned users alike, introducing features that have something for everyone. One can say this approach has helped it maintain its dominating position in the market. 

Security and Privacy

Right from the moment a user signs up, they can see that eToro takes security very seriously. User databases are protected by 128-bit SSL encryption. Regular audits are conducted as the platform is regulated by the SEC. Users are also given the option to add extra protection in the form of 2FA. You will be sent a code that you need to present every time you need to perform a sensitive action. We recommend using 2FA.

Fees and Features

eToro doesn’t charge any commission to its users. As for features, beginners can make use of the ‘eToro academy’ feature that offers educational material about the market. Users can consume it at their own pace. Moreover, there is the CopyTrading feature which lets you mirror the trading styles of seasoned users. It allows novice traders to learn about the market in realistic terms. Meanwhile experienced users will find value in the charting tools offered by eToro.

eToro Fees

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

 

Pros

  • Regulated platform
  • Offers charting tools 
  • CopyTrading feature
  • eToro academy feature for learning
  • 128-bit SSL encryption security of user data
  • Additional security feature 2FA for sensitive information 

Cons

  • Could have had MetaTrader support 

at eToro, #1 Online Broker

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

2. TD Ameritrade – Traditional Broker to Buy Apple Stocks

Award-winning stock broker TD Ameritrade has been in the market since the 1980s. It may have changed a few names through its journey, but it continues to enjoy a great presence in the market. It offers an impressive variety of stock – both old and new, making it the preferred choice of traders wanting to diversify their portfolios. Ones trading large amounts of money also look up to TD Ameritrade because of the protection it provides.

Security and Privacy

The platform itself states that it takes security very seriously. This is a good sign for beginners entering the world of stock markets and concerned about security. TD Ameritrade, like eToro, is secured by 128-bit SSL encryption and regulated by the SEC. It means the user data is protected by encryption and routine audits are conducted. Over and above that, the platform offers a user verification phrase system. The feature gives you a unique phrase you can ask any TD Ameritrade employee to give you to ensure you that they are a genuine representative of the company. 

Fees and Features

Also commission-free, TD Ameritrade follows a simple pricing system. It offers its users a wide variety of investment options, ranging from traditional stocks to bonds and mutual funds. Additionally, the platform regularly participates in Initial Public Offers (IPOs), constantly adding to the variety of stocks it offers. Moreover, it has a feature called automatic dividend reinvestment. It reinvests your dividends based on previous patterns to create a constant stream of income for you.

TD Ameritrade Fees

Fee Type Amount
Commission 0% (on US stocks) 
Withdrawal Fee $0
Deposit Fee $0
Inactivity Fee $0

 

Pros

  • 128-bit SSL encryption security
  • SEC-regulated platform
  • Offers a wide range of markets – old and new
  • User verification phrase 
  • Automatic dividend reinvestment feature

Cons

  • Leveraged positions are expensive
  • The user interface may be hard to understand

at eToro, #1 Online Broker

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

 

3. Robinhood – Excellent Platform to Buy Apple Stocks

Robinhood is a mobile-only trading app that is geared toward beginners, as evident by its simplistic interface. Despite being a mobile-only platform that is only available in the USA, Robinhood has made its presence felt in the market. It has garnered over 13 million users by now and continues to grow strong. It has managed to achieve such success by providing top-tier security and equally impressive features to its users.

Security and Privacy

Robinhood users are insured by the platform under the SIPC insurance. It covers up to $500,000 and offers the option to go over and above that with ‘excess of SIPC’. It covers balances up to $10,000,000. This is quite rare for stock broker platforms and makes a compelling case for Robinhood when it comes to catching the eye of the big sharks in the market. There is also the feature called multisig verification for some added protection.

Fees and Features

While the platform is commission-free, the credit and debit card fees are a bit high. Robinhood offers ‘cash management services’ that are basically cashbacks on daily purchases. It is a feature that is greatly appreciated by users. That being said, Robinhood does suffer from the limitations of being a USA-only and mobile-only platform.

Robinhood Fees

Fee Type Amount
Trading Fee 0%
Credit/Debit Card Fee 3.99%
Spread Fee Variable

 

Pros

  • SIPC insurance for security 
  • Offers excess insurance over what SIPC normally covers
  • Multisig feature offers added protection 
  • Easy interface for beginners 
  • It is available as a mobile application 
  • Is quite easy to use
  • Offers a cashback feature on daily purchases 

Cons

  • Is missing some advanced features  
  • Experienced traders may find it too basic

at eToro, #1 Online Broker

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

Buy Apple Stocks – Broker Price Comparison

If the in-depth reviews above feel a bit overwhelming, here is a straightforward comparison of the fee structure of all the brokerage platforms discussed above to help you make the correct decision.

Broker Commission Deposit Fee Withdrawal Fee Inactivity Fee
eToro 0% $0 $0 $10 monthly (after 12 months inactivity)
TD Ameritrade 0% (on US stocks)  $0 $0 $0
Robinhood $0 on up to 50 shares. Up to $5.95 on more than 50 shares $0 $0 $0

What are the Different Kinds of Apple Stocks?

Beginners are often under the impression that all stocks are the same. That is not true. There are usually three kinds of stocks: traditional stocks, ETFs, and CFDs. Let us learn about them in brief before we move to their pros and cons.

Stocks

Stocks remain the most common way to invest in a market and gain exposure to a company. A stock, i.e., a share is the smallest unit of a company. So when you buy a share, you essentially buy a part of that company and become part-owner of it. This makes you eligible to receive dividends. Dividends are portions of profit distributed by a company on a yearly or quarterly basis. You also get voting rights in company matters when you purchase a certain amount of stock.

ETFs (Exchange-Traded Fund)

An Exchange-Traded Fund (ETF) is a long-term and safe option that gives you exposure to a number of companies at once. Your fund manager or brokerage will group together related assets to facilitate an easy investment for you. Even if one of the stocks falls in value, you can bank on other assets in the bundle to help spread out that loss. You cannot own any underlying assets.

CFDs (Contract For Difference)

A Contract For Difference is a risky short-term investment where you don’t buy any asset. Rather, you speculate whether the price of the asset will rise or fall during a given period of time. CFDs are leveraged instruments, meaning they are speculative in nature and can result in losses. Transactions last for a short period of time.

Best Ways to Buy Apple Stocks

Now that you have a basic idea about the different kinds of stocks, let’s learn about their pros and cons and how best to invest in them.

Invest in Apple CFDs

If you don’t want to invest long-term and are looking to make a quick buck, CFD is the investment option for you. CFDs are short-term investments as the transactions happen over a shorter period of time. You can take advantage of the speculative nature of the market and make gains. However, CFDs are leveraged instruments that are highly risky and cause losses. Only venture with it if you understand the risks associated with it.

Invest in Apple ETFs

ETFs are suitable if you are looking for a long-term and safe option. Although you will not get ownership of any underlying stock, it is a great way to create a stream of income. The risk is lower than traditional stocks as any loss suffered from one asset can be coped up with other assets.

Invest in Apple stocks

Traditional stocks provide a way to steadily build wealth and get exposure to a company of your choice. This is why they are still preferred by many investors. The risk is higher than ETFs but so is the return. If you truly believe in the future of Apple as a company, you can invest in its stocks. 

Is Buying Apple Stocks a Good Investment?

We have discussed the different kinds of investment options and their pros and cons. Now let us take a look at Apple stocks and see if they will be a good choice for you. 

One of the biggest business

Apple has recently become the first company ever to reach a market cap of $3 trillion. Its stock has hit an all-time high in value as it is soaring high on the success of the iPhone 13. The company is in the most formidable of places and only plans on moving forward. It is expected to launch two new products this year and its streaming platform is also picking up speed with shows like Ted Lasso, See, and Foundation. Traders can invest in the already rock-solid standing and the ever-growing potential of the company. 

Safe from insulation

The way Apple works and has its network spread out makes it easy for the tech giant to escape inflation. It keeps the costs of its suppliers in check, never letting them rise too much. It splits orders between multiple merchants, giving it an edge in price negotiations. Lastly, it has worked on declining its reliance on third-party vendors altogether. Traders would prefer investing in a company that would sail through inflation with ease. 

Buying Apple stocks – What are the Risks?

While Apple stock poses big advantages, it is worth looking at the risks it poses before you invest in it. 

Forward valuation 

As Apple continues to dominate the market, one should consider that its stock is getting pricier by the day. Its forward earnings are already 30 times in comparison to other stocks and are expected to grow to 35 times. That is way too high a valuation for a trader. Traders may be discouraged to purchase big amounts because of that forward valuation. 

Upside potential may be limited

If you don’t already own Apple stock by now, it is hard to break into that particular market now as share prices are increasing by the day. If you do have some shares, they are not likely to generate high or meaningful long-term gains for you as a result of the rising forward valuation. Therefore, Apple can end up being a lukewarm prospect for many traders who don’t own a significant amount of shares by now. 

How to Buy Apple Stocks With eToro

Buying stocks can often be confusing with all the financial jargon thrown at you by brokerage platforms. Here is a simplified step-by-step process of buying Apple stock with ease.

Step 1: Open an account with eToro

The only thing you need to be able to buy Apple stock is to register yourself on a stock broker platform. We recommend eToro for its incredible blend of premium services at affordable costs. To get on eToro, search ‘eToro.com’ in your browser and click on ‘join now’. A form will appear asking you to fill in essential information. Once you fill the form, your account will be created.

Step 2: Verify your account

When your account is created, you will be asked to verify your identity as eToro is a strictly regulated platform. The process is very easy though. You will need to provide a photo ID (passport or driving license) and proof of address (bank statement or utility bill).

Step 3: Fund your account

This is the step where you put some money in your account so you can spend it on purchasing stock. To do so, click ‘deposit funds’ in eToro’ and enter the amount you wish to deposit. Click ‘deposit’ to complete the process. These transactions can be executed via bank transfers, credit and debit cards, and eWallets like Paypal.

Step 4: Buy Apple stocks!

Simply type ‘Apple’ in the eToro search bar and click on ‘trade’. Then enter the amount you want to purchase and click on ‘open trade’. You have bought the stock. You can manage all your investments in the portfolio section of your account.

How to buy Apple Stocks – Conclusion

To summarize everything from above, Apple is one of the most popular companies in the market. It has just reached the rare feet of a $3 trillion market cap and is only growing, making it a lucrative prospect in itself. That being said, you would need to invest more to earn more with Apple because of its high forward valuation. You can also end up earning much less if you don’t have a bigger number of its shares. Don’t forget to do your own research before investing in the market. All in all, Apple stock is a lucrative prospect if you invest in big amounts and are in it for the long haul.

Best Platform to Buy Apple Stocks – eToro

1
$50Exclusive promotion
Our score10
  • Buy over 800 stocks with 0% commission
  • Social trading network
  • Copy over 12 million traders and investors
0% Commissionstart TradingOur score 10

FAQs

What is an Apple CFD?

What is an Apple ETF?

What’s the Future of Apple stock?

ETFs vs CFDs

Where can I Buy Apple Stock in the USA?

 

About Atreyee Chowdhury PRO INVESTOR

Atreyee Chowdhury works full-time as a Content Manager with a Fortune 1 retail giant. She is extremely passionate about writing and helped many small and medium-scale businesses achieve their content marketing goals with her carefully crafted and compelling content. She loves to read, experiment with different cuisines, travel, and explore the latest content marketing and L&D trends in her free time.