Buy Copper Stocks – 5 Best Copper Stocks To Buy Right Now In 2022!

Fact Checked by Gary McFarlane

The most convenient way to add copper to your portfolio is to buy shares in companies involved in the mining and development of this metal.

As such, in this guide, we review the best copper stocks to buy right now. Additionally, we detail how to sign up with an online broker so that you can buy copper stocks at 0% commission today!

Table of Contents

#1 Broker to Buy Copper Stocks – eToro

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How to Buy Copper Stocks – A Quick Guide For 2022

Below you will see a quick guide on how to sign up with eToro and buy copper stocks. eToro is a commission-free broker with a license from the SEC and it offers the option of fractional investments from just $10.

  • Step 1: Open an Account with eToroYou can create an eToro account by completing the sign-up form, found on the main platform. Add your first and last name and contact information. You will also be required to add a password and username to access your brokerage account later.
  • Step 2: Upload Your ID – Upload a passport, government ID, or driver’s license as well as a bank statement/utility bill. The broker will validate your ID to create a fully operational account in minutes.
  • Step 3: Deposit Funds – Finance your copper stock purchase using ACH, e-wallet, or a credit or debit card. The minimum deposit is $50.
  • Step 4: Search for Copper Stock – To find the best copper stock, browse all markets via the ‘Discover’ button. You can also enter the name of the stock, for instance ‘Southern Copper’. Verify your choice by pressing ‘Trade’.
  • Step 5: Buy Copper Stocks – To buy copper stocks you will need to enter a value in the ‘Amount’ box. This will tell eToro how much you wish to allocate. You can buy a fraction of a copper share starting at $10 at this trading platform.

When you have confirmed your order, you will find the copper stocks listed in your eToro portfolio.

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

Best Copper Stocks to Buy Now – List of the Best Copper Stocks

There are heaps of publically traded companies involved in the production of this key metal. However, we’ve listed the five best copper stocks to buy now in the list below.

  1. Southern Copper – Overall Best Copper Stock to Buy Right Now
  2. Teck Resources – Best Copper Stock for Diversity
  3. Freeport-McMoRan Inc – Top Copper Stock With Long-Term Growth Potential
  4. BHP Group – Great Copper Stock for Investors Seeking Dividends
  5. Rio Tinto – Best International Copper Mining Stock With Dividends

You will find a full evaluation of each copper stock by scrolling down.

How To Buy Copper Stocks – Choose a Broker

Choosing the best copper stocks to buy is challenging. It’s also important you pay a good amount of consideration to the broker you sign up with. You will find the best stockbrokers listed below, based on our research and strict criteria.

  1. eToro – Overall Best Place to Buy Copper Stocks
  2. Webull – Buy Copper Stocks at 0% Commission
  3. Merrill Edge – Online Brokerage With a Variety of Account Options
  4. SoFi – Invest in Copper Stocks via Fractional Shares
  5. Interactive Brokers – Trade US Copper Stocks at 0% Commission
  6. Zacks Trade – Top Broker for Advanced Traders
  7. E*TRADE – Good Broker for Long-Term Investments
  8. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments
  9. Robinhood – Great US-Based Broker for Beginners
  10. Fidelity – Trusted US Brokerage With 7,000+ Stocks

We only consider legitimate brokers with access to copper stocks and low trading fees. You will find our full review on each later.

Best Copper Stocks to Buy Now – Full Analysis

There is a copper stock for every type of trader. As you likely know, copper is used for everything from construction, electrical equipment, and industrial machinery, to solar panels and medicine.

Additionally, copper is widely used in the renewable energy sector, such as solar and wind power generating technology. As such, copper stocks come in all shapes and sizes.

Moreover, brokers like eToro support fractional investments from just $10, which makes it easy to diversify and add multiple copper stocks to your portfolio. With that in mind, we have listed the best copper stocks for your consideration below.

1. Southern Copper – Overall Best Copper Stock to Buy Right Now

Southern Copper is one of the world’s biggest integrated copper producers. The company operates refining, smelting, and mining establishments in various areas of Mexico, as well as in and around Peru. Southern Copper’s parent company, Grupo Mexico, is a multifaceted business that concentrates on mining, as well as infrastructure and transportation. Southern Copper holds reserves of almost 68 million tons of this metal.

This integrated copper-producing stock has seen an increase of almost 87% over the last 5 years. In the short term, as legacy reserves dwindle, Southern Copper is prepared for a decline in production. With that said, this company has announced it will grow its production capacity by over 80% by 2029. With Southern Copper increasing investments in large-scale expansion endeavors, many market analyses think this is one of the best copper stocks to buy now.

Google Chart Soutrhern Copper

If you were hoping for regular incoming cash flow, Southern Copper is also a good stock for dividends. The current running yield is over 6.6% as of writing, which is high. The last payment to shareholders was $1. As such, if you held 100 shares in Southern Copper, your latest dividend would have been $100. This company has a 5-year dividend growth rate of nearly 78%.

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

2. Teck Resources – Best Copper Stock for Diversity

Teck Resources is also one of the best copper mining stocks to buy. The company is based in Canada and it also has projects in mining facilities in the US, Peru, and Chile. Teck Resources is a diverse company that also focuses on refining smelting, developing, and mining materials such as silver, gold, and zinc.

The company also produces coal, but its long-term plan will see it selling this side of the business to concentrate on copper. From just a few mines based in South America and Canada, this company produced 276,000 tonnes of copper in 2020 alone. Teck Resources also has an estimated 7 million tons of contained copper in reserves and resources.

Google Chart Teck Resources

In terms of how the stock has performed over the past 5 years of trading, Teck Resources is up over 32%. Teck Resources is also concentrating on being a global producer in a low-carbon economy. As such, now could be the best time to buy copper stocks and add Teck Resources to your portfolio for a combination of capital growth and attractive dividends.

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

3. Freeport-McMoRan Inc – US Copper Stock With Long-Term Growth Potential

Freeport-McMoRan is a US-based copper mining company with several open-pit and molybdenum operations. Mines are located in North America, including New Mexico, Arizona, and Colorado. This company has revealed that it is on track to surpass an estimated 100,000 tons of copper. Like all big mining companies, Freeport-McMoRan has plenty of copper reserves.

This means that the mine operator has copper deposits that have been identified as valuable. As well as mines, Freeport-McMoRan has substantial copper reserves, spread over North and South America and Indonesia. For instance, the Grasberg mining pit is reported to have proven and probable reserves totaling nearly 9 million tons.

Google Chart Freeport-McMoRan

The company is already one of the world’s largest copper producers. However, it is determined to grow further. This will be achieved by expanding the aforementioned Grasberg, amongst other projects

We checked out the performance of Freeport-McMoRan shares over the past 5 years and found that the value has increased by over 177%. Market commentators think this copper stock is positioned well for earnings growth in the future. After all, copper is in high demand, and Freeport-McMoRan is a huge player in this industry. 

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

4. BHP Group – Best Copper Stock for Investors Seeking Dividends

BHP Group is an Australia-based global copper producer. The company operates numerous mines in Australia and Chile. BHP Group also owns 45% of Resolution Copper reserve near Phoenix, Arizona. 55% of this project is owned by Rio Tinto. This area is known as Oak Flat and plans are still in motion to construct the huge underground mine. It has to be said, this project has been in the pipeline for years.

Nevertheless, at 1,600 meters underground, this is one of the biggest undeveloped copper deposits in the world. Both BHB Group and Rio Tinto have invested more than $2 billion in the project. In light of the global warming crisis, many companies are making the move to cleaner power usage. As such, BHP Group’s long-term plan is to veer away from fossil fuels.

Google Chart BHP Group

The company has agreed to sell the share capital of its gas and oil assets to Woodside Petroleum Ltd. We had a look at the performance of the stock and found that over the past five years, shares have risen by over 59%. Furthermore, the firm has generated an annual dividend growth rate of over 58% within the same period. As such, this is one of the best copper stocks to buy for dividends right now.

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

5. Rio Tinto – Best UK-Based Copper Mining Stock With Dividends

Rio Tinto is a copper mining company that operates on a global scale. Not only does the company mine and develop copper, but also silver, iron ore, gold, uranium minerals, and diamonds. Rio Tinto has operations at various phases of the copper mining cycle and has customers in the US, Japan, China, and other locations. In terms of copper reserves, the developer has around 50 million tons.

This copper stock also won the coveted Copper Mark award. This is given to companies that produce copper responsibly. Rio Tinto has copper mines in the US and Mongolia, with further projects planned in Western Australia. Moreover, this is one of the best copper stocks for investors that look for dividends and also want to diversify with foreign assets.

rio tinto stoks

The copper stock’s 5-year dividend growth rate is around 35%. Although this is a UK-based company, shares are listed on the NYSE, the LSE, the ASX, and other exchanges. A good way to check the performance of a company, prior to buying copper stocks, is to look at its 5-year price data. In the past 5 years, Rio Tinto shares have risen by more than 65%.

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

How to Choose the Best Copper Stocks for my Portfolio?

Before deciding on the best copper stock for your portfolio, you can check some key metrics. This might comprise researching how much copper the company can produce, along with some historic sales data. Y

ou can also look at which part of the copper industry the company engages in. For instance development, exploration, mining, or everything in between.

See some other considerations below, to help you decide on the best copper stocks to buy.

How Does the Copper Stock Generate Revenue?

Before deciding on the best copper stock for your portfolio, educate yourself on how the company generates its revenue. For example, most copper stocks will focus on mining and production. However, such companies often mine other resources such as iron, nickel, and in some cases oil and gas.

For example:

  • Southern Copper makes most of its revenue from the sale of integrated copper However, it also creates multiple by-products, such as sulphuric acid, molybdenum, zinc, and silver
  • Rio Tinto, on the other hand, produces copper but makes most of its revenue from iron ore The company also generates income from raw materials like diamonds, bauxite, and uranium, as well as minerals like salt and titanium dioxide

As an investor, this basic information will help you understand where the company generates its earnings. This in turn will help you to spot relevant news that might change the valuation of any shares you hold.

For instance, if global iron ore prices rise or fall dramatically, this could have an effect on Rio Tinto stock.

Does the Copper Stock Have Expansion Plans?

To decide which copper stock is most suitable for your portfolio, you can also see whether the company has signed any new deals or is in the process of expanding existing mines.

eToro Stats BHP Group

Plans to increase copper production are usually published, so all of this information is readily available. As such, you should have no trouble researching the potential future plans of individual copper stocks before investing any funds.

  • Southern Copper plans to increase copper production by investing nearly $1.7 billion every year over 10 years
  • Moreover, it has been given the go-ahead to expand its mine in Peru. This is a move which is thought to double current copper production, to 120,000 tons every day
  • BHP Group has invested in the expansion of its already huge copper mining facility in Chile, to produce an additional 185,000 tons annually
  • The company has also pinned down multiple contracts with exploration firms and aims to increase its copper production by an estimated 300,000 tons (over a 5-year period)

In addition to its expansion, BHP Group has pledged to reduce CO2 emissions by up to 50%. The company signed a deal with Port August Renewable Energy Park, which is a huge wind and solar farm in South Australia.

This move into clean energy will probably make the copper stock more attractive to investors. As such, changes like this are good to be aware of when you are searching for the best copper stocks. Newly announced plans can drive the share price in either direction.

Does the Copper Stock Pay Dividends?

Many copper stocks pay dividends. A dividend is like a reward that is paid to shareholders, usually on a quarterly basis. The amount usually depends on the performance of the stock and the copper company’s retained earnings.

To clear the mist, see a few examples of dividend-paying copper stocks:

  • Freeport-McMoRan – At the time of writing, the running dividend yield on this copper stock is almost 0.8%. The latest quarterly dividend payment was $0.075 per share
  • BHP Group – The running dividend yield at the time of writing is nearly 12.5%, which is huge. The last dividend payment distributed to stockholders of BHP Group was $4 per share. BHP Group pays dividends quarterly
  • Rio Tinto – This copper stock has a running dividend yield of over 10.5%. The company pays cash dividends twice per annum after announcing its half and full-year financial results. The last payment was $1.85 per share

The running dividend yield is based on the share price at the time of writing and the annual payment of the previous year. Copper stocks that don’t pay dividends are more likely to reinvest their earnings to expand and develop new or existing projects.

Where to Buy Copper Stocks – Full Broker Reviews

When you’ve selected the best copper stocks for your investment objectives, you can create a portfolio at an online brokerage. To get the ball rolling and make an informed choice, you can read the following broker reviews.

Note: The SEC regulates each of the following platforms. This means the online brokers we review operate within specific guidelines and adhere to a high standard of customer care set out by the regulatory body.

1. eToro – Overall Best Place to Buy Copper Stocks

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eToro is a highly regarded broker that facilitates trading orders for over 20 million clients worldwide. This platform also conducts itself in accordance with various regulators, which includes the SEC. Additionally, it is registered with FINRA and keeps all client funds in a separate top-tier bank. eToro has a lot to offer, not least because it lists stocks from 17 different marketplaces, including but not limited to those in the US, the UK, Canada, Australia, Asia, and Europe.

Furthermore, you can buy copper stocks whilst only paying a tight spread, as eToro offers 0% commission on all shares and ETFs. We also like that the broker supports super-low fractional investments of $10. This allows you to diversify copper stocks with ease, or adopt a slow and steady approach to building your portfolio.

etoro copy portfolio

A standout passive trading feature to check out here is Copy Trading, whereby you mirror the investment portfolio of top performers. Here’s how it works – you invest in an experienced trader, based on metrics such as previous success and markets of interest. Whatever that person places an order on, you will see this reflected in your own portfolio. For instance, let’s say you invested $1,500 in Copy Trading and the person you elected to mirror allocates 50% of their balance to Southern Copper.

In your account, you will find $750 allocated to the same copper stock. If you think eToro could be a suitable option for you, you can sign up within minutes to access the best copper stocks. There is a selection of options to fund your account. Accepted payment methods are made up of online banking options, e-wallets, and credit and debit cards. You can get started with a minimum first-time deposit of just $50.

Pros

  • Invest in stocks at 0% commission
  • Minimum investment per stock is $10
  • Supports debit/credit cards, e-wallets, and bank transfers
  • Regulated by the SEC, FCA, ASIC, and CySEC
  • Used by over 20 million people
  • Perfect for beginners
  • Social and copy trading tools

Cons

  • Perhaps too basic for technical traders
  • No support for MT4 or MT5

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

2. Webull – Buy Copper Stocks at 0% Commission

webull review

Webull is one of the best places to buy copper stocks for beginners. The broker offers commission-free stock trading and also supports fractional investments from $5. You will find copper stocks and also ETFs to buy on this platform, although the vast majority of markets are listed on the NYSE and the NASDAQ. As such, if you were hoping for some international copper stocks, you may be better suited to eToro.

webull review

This broker offers a range of accounts. You will find traditional savings and retirement options, as well as the individual self-directed broker account, which is specifically for trading assets and securities. Finally, you can fund your chosen account using a wire transfer or an ACH and there is no minimum balance stipulated.

Pros

  • Thousands of US-listed stocks
  • 0% commission trading
  • Also supports ETFs and stock options
  • No minimum deposit

Cons

  • No support for debit/credit card deposits
  • Very limited selection of non-US stocks
  • Spreads can be somewhat high
  • Wire transfer withdrawals cost $25 per transaction

at eToro, #1 Online Broker

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

3. Merrill Edge – Online Brokerage With a Variety of Account Options

Merrill Edge review

Merril Edge offers a selection of investment accounts and is part of Bank of America’s banking division. This means if you happen to be an existing customer, you can fund your copper stock purchase by linking your banking and broker accounts together. The best option for most stock investors will be the self-directed account. At Merrill Edge, the broker waivers commission on all US-based stocks, options, and ETFs.

Merrill Edge review

More seasoned investors might prefer the directed account. However, be aware that this comes with management fees attached. In any case, you can fund your account with a bank wire or cashier’s check via the mobile app. The app is free of charge and is available for Android and iPhone users. There is no deposit minimum on the standard account.

Pros

  • Several account types to choose from
  • Self-directing accounts offer 0% commission stocks
  • ETFs, mutual funds, and bonds also supported 

Cons

  • Financial advisory accounts require a minimum investment of $20,000
  • No direct fractional share purchases    

at eToro, #1 Online Broker

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

4. SoFi – Invest in Copper Stocks via Fractional Shares   

SoFi invest review

SoFi is another good option for people looking to buy copper stocks in fractional amounts. This is because you can place an order to purchase shares in your chosen companies from as little as $5. If you happen to be looking for the best copper stocks globally, you should know that SoFi only offers shares that are listed in the US. SoFi doesn’t charge any commission to buy and sell stocks. You can also access upcoming IPOs without paying commission.

SoFi invest review

Fund your copper stock investments by opting for a bank wire, rollover transfer, or check. You can also access automated investment accounts here – which operate like a robo-advisor portfolio. In terms of market diversity, you won’t find as many stocks listed here when compared to\ other brokers on this list. With that said, newbies will find the platform easy to use.

Pros

  • Supports fractional shares
  • Offers stocks, ETFs, and crypto
  • Access to IPOs 

Cons

  • Trading platform comes with limited features
  • No copy trading tools
  • Number of supported assets is somewhat limited

at eToro, #1 Online Broker

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

5. Interactive Brokers – Trade US Copper Stocks at 0% Commission

Interactive Brokers

Interactive Brokers is the platform of choice for stock traders with a little more experience. This is largely due to the advanced market insight, sophisticated trading tools, and technical indicators and charts. If this fits in with what you are looking for, there are 135 US and international markets accessible at this brokerage, and you will not pay any commission when buying and selling US stocks.

Interactive Brokers

If you want to add some foreign stocks to your portfolio, you should check the fee table to see what charges you may be liable for. To get started you can create an account and fund it using a wire transfer, ACH, check, online banking, or mobile app deposit. Interactive Brokers doesn’t require a minimum deposit to open an account.

Pros

  • Thousands of investments across 135 markets
  • Advanced trading platform for seasoned investors  

Cons

  • Low fees only offered on US-listed stocks
  • Too complicated for beginners 
  • Debit card deposits and withdrawals not available     

at eToro, #1 Online Broker

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

6. Zacks Trade – Top Broker for Advanced Traders  

zacks trade review

As with Interactive Brokers, Zacks Trade also offers a platform that may be better suited to seasoned investors. There are varying accounts depending on your level of experience. For instance, the broker also offers a pro trading platform, for those with more stock investing knowledge than your average Joe. Beginners might still consider this brokerage for its acceptance of small stakes, you can buy a fraction of a share by allocating as little as $1.

zacks trade review

Note that this is not a commission-free brokerage. When you buy stocks, you will pay a commission fee of $0.01 for each share, at a minimum of $1. Note that you will be charged a 1% commission on any shares less than $1. When you fund your account to buy stocks, there is no minimum to adhere to. However, it is suggested by the broker that you deposit an amount over $2,500. You can make a deposit with a wire transfer, which will take between 2 and 3 days to clear on average.

Pros

  • Advanced trading platform
  • Huge research and analysis department
  • Great for seasoned traders

Cons

  • Too complex for beginners
  • Cheaper trading fees available elsewhere
  • Minimum deposit required is $2,500

at eToro, #1 Online Broker

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

7. E*TRADE – Good Broker for Long-Term Investments

E*TRADE review

E*TRADE offers plenty of US-based copper stocks, but unfortunately for some, international markets are super limited here. Furthermore, this broker does not support fractional shares, which might not suit some investors. Although fractional investments aren’t on the table, you will not be charged a commission fee to buy and sell shares, options, or ETFs.

E*TRADE review

If you want to buy copper stocks and hold them for a long time, you can keep your shares in a traditional retirement account, known as an IRA. There are numerous accounts to choose between, including Rollover, Roth, and Beneficial IRAs. If you just want a standard trading account, you should sign up for the self-directed option. There is no minimum deposit and you can finance your E*TRADE account with a check or wire transfer.

Pros

  • Great for long-term investments
  • Supports a variety of retirement accounts
  • Low fees  

Cons

  • Very limited number of non-US stocks
  • Won’t suit seasoned investors seeking high-level trading tools     

at eToro, #1 Online Broker

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

8. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments  

Ally Invest review

Ally Invest is another option for people who want access to retirement accounts when buying copper stocks. At this brokerage, stocks can be traded via an IRA to withdraw at a later date. You can also opt to open a self-directed account, to benefit from commission-free US stock trading. Stock options on the other hand are charged at $0.50 per contract.

ally invest review

If you liked the sound of buying and selling copper stocks passively, you can try the Robo Portfolio plan. This enables you to invest an amount of $100 or more in a managed and diversified portfolio of stocks. This saves you from having to select your own individual stocks. Moreover, you will not pay any management fees to invest in Robo Portfolio. You can fund the account of your choosing by opting for a bank wire or third-party transfer, check, or ACH.

Pros

  • Access banking and investment services via a single platform
  • $0 commission stocks and ETFs
  • No minimum deposit

Cons

  • Does not offer international shares
  • Tools and research features very limited   

at eToro, #1 Online Broker

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

9. Robinhood – Great US-Based Broker for Beginners 

robinhood review

If you are a trading novice looking for the best copper stocks – Robinhood is a great broker to consider. This is because both the platform and mobile app are really simple to navigate. Furthermore, fractional investments as low as $1 are accepted. However, this is applicable to copper stocks that have a market capitalization of $25 million or more, and are valued at more than $1 per share. This broker charges 0% commission on all US stocks.

robinhood review

Account options include Instant and Gold. If you sign up to the Instant account, you won’t have a minimum amount to stick to when funding it. On the other hand, the Robinhood Gold account requires a minimum deposit of $2,000. You can finance your Robinhood account via e-wallets such as Google, Samsung, or Apply Pay using the app. You may also opt for ACH, which may take up to 5 business days.

Pros

  • No commissions charged
  • Offers US-based stocks, ETFs, and options
  • No minimum deposit
  • Very user-friendly

Cons

  • Spreads can be uncompetitive
  • No support for e-wallets or debit cards
  • No foreign stocks

at eToro, #1 Online Broker

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

10. Fidelity – Trusted US Brokerage With 7,000+ Stocks   

fidelity review

Fidelity, like eToro, lists thousands of stocks. The difference is that Fidelity eradicates commission on US stocks and ETFs, but charges high fees for any shares listed overseas. We checked out some key advantages of buying copper stocks at Fidelity and found a trading tool called Stocks by Slice. With this tool, you can risk as little as $1 on your chosen stock by buying a fraction of a share.

When funding your Fidelity account you won’t have to stay in line with a minimum deposit, so can get started with as little as you wish. Moreover, there are numerous options to choose from, including managed portfolios, self-invested personal pensions, and individual saving accounts. This broker is also a good option for those looking to directly invest in a Fidelity mutual fund.

Pros

  • Trusted US-based brokerage
  • $0 commission on US stocks and ETFs
  • Stock Slice tool allows fractional investments of $1 

Cons

  • Perhaps too complex for newbies
  • Non-US assets come with high fees  

at eToro, #1 Online Broker

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

How to Buy Copper Stocks – Detailed & Explained in Full

If you have made your mind up on the best copper stocks for your investment objectives, you can sign up with a broker to carry out your trading order.

We have opted to explain how to buy copper stocks at eToro. The site is suitable for newbie traders, as fractional investments start from just $10. Most importantly, eToro won’t charge you any commissions when you buy copper stocks listed in the US or overseas.

Step 1: Open a Broker Account

To open a broker account and buy the best copper stocks you just need to complete the eToro sign-up form.

  • Start by adding your first and last name
  • Your preferred contact details (email and phone number) will follow this
  • Next, choose a username and password
  • When prompted, complete your date of birth, residential address, and nationality

Next, you can complete the KYC process to complete your new portfolio and buy copper stocks.

how to join etoro

The trading platform is regulated by the SEC and has a membership with FINRA. As such, US clients can buy and sell stocks with confidence in the broker’s legitimacy.

When prompted by eToro, upload a copy of your government-approved ID – think along the lines of your passport or state driving license. The platform will also need to verify your address using a credit card or bank statement or a tax letter/bill. Other documents are accepted.

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

Step 2: Deposit Funds

As we touched on, eToro only requires an account minimum of $50. There are various deposit methods listed, so funding your account should be easy. This guide found the fastest options to include e-wallets, debit-credit cards, and online banking.

Deposit Funds

You may also select a wire transfer, but this will take up to 3 working days. As such, you will not be able to buy copper stocks until the deposit clears.

Step 3: Search for Copper Stocks

The search bar at eToro makes locating the best copper stocks easy. As you can see, we have typed Southern Copper into the search bar and it’s right there in the list of results. Click ‘Trade’ next to the copper stock of your choosing.

eToro Search Southern Copper

If you are still making your mind up, you can check out the ‘Discover’ section and filter that down to view what copper stocks are available.

Step 4: Buy Copper Stocks

You can buy copper stocks in fractional amounts at eToro, starting from $10. Where it says ‘Amount’, enter how much you wish to allocate to the stock, in US dollars.

eToro Buy Southern Copper

We are risking $10 on a fraction of a share in Southern Copper. When you confirm your order, eToro will add the copper stock to your portfolio – commission-free.

How to Buy Copper Stocks – Conclusion

Picking the best copper stocks isn’t easy, and you also need to think carefully about which broker you choose for the task. Before deciding on copper stock to invest in, look at its past performance and plans for expansion.

Sometimes a new contract or partnership in the pipeline can alter the share price of a copper stock. You can also check whether you will receive dividends for being a shareholder of the company.

Overall, eToro is the best place to buy copper stocks. You can purchase fractional amounts from $10 and the SEC regulates the platform. We also like that there is a range of deposit methods and you can buy your chosen copper stocks commission-free.

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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.