Buy Cybersecurity Stocks – 5 Best Cybersecurity Stocks To Buy Right Now In 2022

Fact Checked by Gary McFarlane

Global expenditure on cybersecurity is predicted to rise exponentially in the coming years. This means that companies operating in this sector are in a strong position to profit from continued growth.

If you are keen to capitalize on this growing market, this guide discusses the best cybersecurity stocks to buy right now alongside a quick walkthrough of how to invest in your chosen companies at 0%.

Table of Contents

#1 Broker to Buy Cybersecurity Stocks – eToro

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How to Buy Cybersecurity Stocks – A Quick Overview For 2022

If you’re new to the process of how to buy cybersecurity stocks online, the quickfire guide below will walk you through the process.

We have chosen top-rated broker eToro for our walkthrough – not least because the platform lists a range of the best cybersecurity stocks at 0% commission.

  • Step 1: Create an Account on eToro – Start by visiting the eToro website, where you can find the ‘Join Now’ link. This will populate a registration form. You can then enter the particulars required, such as your full name, address, contact details, and preferred login credentials.
  • Step 2: Upload Your ID – Being a regulated broker, eToro follows strict guidelines to verify all its registered users. This means that you need to upload a copy of your government-issued ID. eToro also requires proof of address, such as a bank statement or tax letter.
  • Step 3: Deposit Funds – Before you can buy cybersecurity stocks through eToro, you need to add money to your account. You can use your debit or credit card to make the required minimum deposit of $10. Other payment methods such as bank wire and e-wallets are also accepted.
  • Step 4: Search for Cybersecurity Stocks – Using the search bar on eToro, look for the cybersecurity company you want to invest in. When your chosen stock appears, press ‘Trade’ to move on to the next step.
  • Step 5: Buy Cybersecurity Stocks – When the order box appears, you can complete your investment by entering the amount you want to stake. Moreover, you only need to meet a minimum investment of $10 to buy your chosen cybersecurity stocks.

Once you confirm, eToro will execute your order and add the cybersecurity stocks you bought to your portfolio. From signing up to placing your order, the entire process can be completed in just five minutes at eToro.

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

Best Cybersecurity Stocks to Buy Now — List of the Best Cybersecurity Stocks

With the accelerated digitization of businesses, companies are increasingly spending on next-gen security software to protect their data. And not so surprisingly, the value of the cybersecurity stocks is following suit.

For instance, while the likes of travel and hotel stocks have been volatile over the past two years, the tech industry has continued to bring in lucrative opportunities for investors.

Below, we list some of the best cybersecurity stocks to invest in right now:

  1. CrowdStrike – Overall Best Cybersecurity Stock to Invest in Right Now
  2. Fortinet – Top Cybersecurity Stock with Best In-House Hardware
  3. Palo Alto Networks – Best Pureplay Cybersecurity Stock
  4. Datadog – Best Cybersecurity Stock in Monitoring Services
  5. Varonis Systems – Best Cybersecurity Stock for Long Term Growth

We offer a detailed analysis of the above cybersecurity stocks further down in this guide.

How To Buy Cybersecurity Stocks – Choose a Stockbroker

Finding a suitable stockbroker is not an easy task, especially if you are new to this space. To make your decision easier, below we offer a list of investment platforms that gives you access to the best cybersecurity stocks in a low-cost manner.

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

All of the above platforms are secure and allow you to buy cybersecurity stocks with low fees. Moreover, many facilitate fractional shares, making it possible for you to diversify without risking large amounts.

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

Best Cybersecurity Stocks to Buy Now – Full Analysis

With growing concern over digital threats and online security, there are many companies developing innovative technologies to protect individuals, commercial entities, and even government institutions.

By choosing to invest in the best cybersecurity stocks, you are gaining exposure to this market, which is expected to grow exponentially in the coming years.

In the sections below, we analyze five of the best cybersecurity stocks to buy right now – albeit, you are advised to do your own homework before you risk any money.

1. CrowdStrike  – Overall Best Cybersecurity Stock to Invest in Right Now

CrowdStrike is widely deemed as one of the best cybersecurity stocks to buy right now. Since its IPO in June 2019, the company has returned nearly 200% to its investors. The provider primarily operates as a cloud security software vendor. Aside from offering laptop and desktop protection, CrowdStrike delivers endpoint safety to virtually any device connected to a network.

The software developed by CrowdStrike uses artificial intelligence to identify security breaches and safeguard devices against threats. Since its services are cloud-based, this company is particularly well-suited to support remote work models. This has helped the firm steadily increase its revenue. In addition to this, CrowdStrike is working with several tech enterprises to implement data protection on a large scale.

Best cybersecurity stocks Crowdstrike

CrowdStrike benefits from an early-bird advantage in the relatively new market of cloud-based cybersecurity. The company also generates a significant part of its revenue from a subscription model, which enables the firm to maintain steady cash flows across business cycles. Given the accelerated shift towards remote work on a global level,  CrowdStrike is in a good position to continue growing at a notable rate. 

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

2. Fortinet – Cybersecurity Stock With Best In-House Hardware

Founded in 2000 in California, Fortinet is a business that develops and sells cybersecurity solutions. This company is one of the largest in the sector, in terms of revenue generated and continues to report strong profits. Over the course of the previous half-decade, the share value of this firm has increased by a huge 890%. As such, Fortinet is one of the best cybersecurity stocks to buy right now in terms of momentum.

This share price trajectory can mainly be attributed to the higher demand for the company’s products amidst the COVID-19 crisis. The switch to the hybrid work format has also fueled the market for robust cybersecurity solutions. Fortinet has since heavily invested in the organic development of cloud services to remain competitive in the sector.

Best cybersecurity stocks Fortinet

Fortinet recently announced that it has deployed its software-based digital security product with one of Europe’s leading telecommunication providers, Telefónica Tech. The company also sells hardware firewalls, which has helped it generate additional revenue streams. That being said, at over $300 per share as of writing, Fortinet might be perceived as expensive by many. However, with brokers like eToro, you can buy this cybersecurity stock from just $10.

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

3. Palo Alto Networks – Best Pureplay Cybersecurity Stock

Palo Alto Networks is another popular cybersecurity stock to consider. The company is a market leader in on-site firewall appliances and is also engaged in the process of expanding its ecosystem to cloud-based services. Collectively, Palo Alto has created a suite of products that cater to the needs of end-to-end security. This makes the firm a strong competitor against the likes of CrowdStrike and Fortinet.

Over the past few years, the company has aggressively added new products to its portfolio, by investing heavily into AI and acquiring other startups. The result is Prisma, a full-fledged suite of cloud-native security services, and Cortex, an AI-powered threat detection tool. This has enabled the firm to continue forging robust sales growth without losing its momentum.

Best cybersecurity Stocks Palo Alto As of writing, the market capitalization of Palo Alto Networks is nearly $53 billion, which makes it one of the largest companies in the cybersecurity sector. It is also included in the NASDAQ 100 Index and is among the top non-financial firms listed on this US exchange. Additionally, the share price of Palo Alto has increased by almost 300% over the past five years, bringing in attractive gains for early investors.

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

4. Datadog – Best Cybersecurity Stock in Monitoring Services

DataDog has set itself apart in the market by consistently innovating. The company is known for its core infrastructure monitoring platform that helps to prevent security threats and repairs technology failures swiftly. Since the launch of this product, DataDog has continued to add more features to this tool, improving its capabilities. Moreover, this suite works with businesses across all sectors, helping them to keep their systems up and running.

In addition to this, DataDog’s AI helps to break down complex and large sets of data, making it easier for busy IT teams to understand. In 2021, the company announced that it is adding ten more products to its portfolio, which will help protect users’ sensitive data and provide better security for privacy. Needless to say, such initiatives have positively reflected on the stock price of DataDog.

best cybersecurity stocks DataDog

In the past five years, the share value of DataDog has gone up by more than 300%. The company’s earnings report for the third quarter of 2021 was also outstanding, which demonstrated revenue growth of 75% year-over-year. Furthermore, the firm is reinvesting more cash into research and development to continue innovating in this sector. All things considered, there is plenty in favor for DataDog to be included in our list of the best cybersecurity stocks to buy right now.

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

5. Varonis Systems – Best Cybersecurity Stock for Long Term Growth

While there are a number of cybersecurity stocks that make for good long-term growth bets, most of them come with hefty price tags. If you are in search of a more affordable pick, Varonis Systems might be a fit for your portfolio. At the time of writing, the shares of this company are trading at just over $43 dollars. However, five-year returns have been substantial for investors of this firm.

Varonis Systems develops software that permits corporations to securely store their data on-premises or on the cloud. This business strategy has turned out to be highly lucrative. In the last half-decade, the market cap of this company has grown from just over $1 billion to more than $4.5 billion. Moreover, in the third quarter of 2021, the firm surpassed $100 million in revenue for the first time.

Best cybersecurity stocks Varonis systems

All that being said, in the past year, the share price of Varonis Systems has plunged by nearly 44%. However, given its financials, this pullback could be an opportunity to invest in the company at a relatively low entry point. The firm continues to offer exciting future prospects thus positioning itself as one of the best cybersecurity stocks for growth investors.

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

How To Pick the Best Cybersecurity Stocks for my Portfolio?

Every investor should have a strategy in place for choosing the best cybersecurity stocks to add to their portfolio. However, if you are a beginner, it might take you a while to understand how the market functions.

In this section of our guide, we discuss three tips that will help you pick the best cybersecurity stocks – subsequently allowing you to make an informed decision.

Look Past Traditional Valuation

No matter which industry you are looking to invest in, it is crucial to do some traditional valuation. This includes studying earnings reports, growth rates, and financial statements. However, at the current gait of the cybersecurity sector, such methods might fall short.

  • This is because these metrics might not accurately capture the potential of the fast-paced cybersecurity sector.
  • For instance, companies such as DataDog are heavily reinvesting in research and development to stay ahead of the competition.
  • As such, you also need to consider the future growth potential and not only the current cash flow situation.

That being said, some of the best cybersecurity stocks we discussed above have demonstrated high earnings, in spite of reinvesting into research. In other words, these are well-positioned to keep up with the wider sector and could result in above-average returns in the future.

Place in the Industry 

Another aspect to check is the primary source of revenue of your chosen company. If a cybersecurity firm is not innovating, the chances are that its current technology will be phased out sooner or later. You need to gather information about what the business is doing in order to stay in power.

How to choose cybersecurity stocks

This is why CrowdStrike is a good choice to consider. Apart from offering professional services, this company has a subscription model that continues to bring in regular cash flow. Fortinet is another example of a cybersecurity stock that has invested in hardware, thus expanding its market. These aspects can help the aforementioned firms to set themselves apart and stay relevant.

Diversification

While investing in the best cybersecurity stocks can be highly rewarding, it can be a hard task to pick out individual companies that make a good match for your portfolio. Therefore, it would be a good idea to diversify in one go, using an ETF or a passive investment strategy.

For instance:

  • The First Trust Nasdaq Cybersecurity ETF and Global X Cybersecurity ETF are examples of exchange-traded funds that track the performance of a wide selection of companies operating within this industry.
  • Alternatively, eToro allows you to invest in a basket of the best cybersecurity stocks through its CopyPortfolio feature.

This way, you can gain wider market exposure and limit the risk, while still benefiting from the growth of the sector.

Where to Buy Cybersecurity Stocks – Full Broker Reviews

When it comes to making online investments, your options range from beginner-friendly brokers to full-fledged platforms that offer expert financial advice. Below we have created a list of the best providers that allow you to buy cybersecurity stocks conveniently, from the comfort of your home.

Be sure to conduct your own research before choosing a brokerage platform. In doing so, you will be able to ensure that the provider is right for your investment style and skillset.

1. eToro – Overall Best Place to Buy Cybersecurity Stocks

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When looking for online brokers to buy cybersecurity stocks, you need a platform that can give you access to a wide selection of companies without charging you high fees. In that regard and more, eToro comes out ahead as our preferred choice. This zero-commission provider not only supports US-based equities but also allows you to invest in international exchanges, at no additional cost.

Moreover, eToro is widely touted as a broker highly suitable for beginners. The eToro interface is simple to navigate and gives you the opportunity to purchase fractional shares from $10 onwards. In addition to this, the minimum deposit requirement is set at a low $10, making it easy for newbies to get started here. You can also diversify your portfolio through this platform, by investing in cryptocurrencies, ETFs, forex, or indices.

etoro app review

Perhaps, the most important aspect that sets eToro from the rest of the market is the fact that it is heavily regulated. The broker is licensed by top-tier authorities such as the SEC and FCA, as well as CySEC and ASIC. Furthermore, US clients can benefit from the provider’s membership with FINRA. eToro also has passive trading options, allowing you to invest in the best cybersecurity stocks through its pre-designed portfolio of cyber tech, managed and rebalanced by financial experts.

Pros

  • Invest in stocks at 0% commission
  • Minimum investment per stock is $10
  • Accepts debit/credit cards, e-wallets, and bank transfers
  • Regulated by the SEC, FCA, ASIC, and CySEC
  • Used by over 20 million clients
  • Highly suitable 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 Cybersecurity Stocks at 0% Commission

webull review

Another beginner-friendly broker that caught our attention is Webull, which is also regulated by the SEC and registered with FINRA. As with eToro, this platform also allows you to buy cybersecurity stocks listed in the US without charging you any commission. The same fee structure applies to ETFs and cryptocurrencies too. However, this might not be the best provider for those looking to diversify into international markets. 

webull review

Nevertheless, Webull supports some of the best cybersecurity stocks we discussed in our guide, including Varonis Systems, Fortinet, and Palo Alto Networks. That said, you will have to rely on ACH or bank wire transfers to fund your account on this platform. But on the other hand, there is no minimum deposit to meet and you can start making stock investments from just $5. There is also a wide selection of research and trading tools available at your disposal.

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 – Best Stockbroker With Numerous Investment Accounts

Merrill Edge review

Merrill Edge has a diverse offering of equities, ETFs, options, mutual funds, and bonds. Like other brokers on this list, you can buy cybersecurity stocks that are listed on the NYSE and NASDAQ on a zero-commission basis. However, the direct purchase of fractional shares is not supported. Instead, the platform only lets you reinvest dividends fractional amounts. That said, there is no required minimum deposit, so investors can fund their accounts with as little as they like when getting started.

Merrill Edge review

In terms of regulation, Merrill Edge is licensed by the SEC.  Another interesting fact about this broker is that it is a subsidiary of Bank of America. This means that you can link your banking and investment accounts together for the seamless transfer of funds. It is also possible to get expert financial advice and in-person customer care if you decide to buy cybersecurity stocks using this platform.

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 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 Cybersecurity Stocks via Fractional Shares

SoFi invest review

SoFi is a good fit for beginners that wish to purchase equities and ETFs. The platform offers a high-quality mobile investment experience and lets you buy cybersecurity stocks without having to pay any commissions. Furthermore, SoFi is licensed by the SEC to provide brokerage services to US clients. If you do not wish to risk large sums of capital, you can also purchase your chosen company’s shares from $5 upwards using your active investing account.

SoFi invest review

However, if you are looking to diversify your portfolio using mutual funds, or want to engage in options trading, you will need to look elsewhere. In addition to this, SoFi does not offer any non-US stocks on its platform. While there is no minimum deposit, seasoned investors will find themselves severely limited due to the lack of advanced trading tools and indicators.

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 limited

at eToro, #1 Online Broker

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

5. Robinhood – Great US-Based Stockbroker for Newbies

robinhood review

Robinhood is known for being one of the original pioneers in the brokerage industry to offer commission-free trades of equities. It features a clean interface, devoid of any clutter, making it a great choice for beginners looking to buy cybersecurity stocks. However, this also makes this platform unsuitable for seasoned investors, as it lacks advanced tools.  

robinhood review

In terms of investment products listed, you will find not only US-based companies, but also cryptocurrencies, options, ETFs, and gold. The default account setup allows you to make instant transfers of up to $1,000 using ACH or e-wallets like Google and Apple Pay. If you want to get your hands on additional research data and investment features, you can sign up for Robinhood Gold. The platform also allows you to buy cybersecurity stocks as whole or fractional shares.

Pros

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

Cons

  • Spreads can be high
  • No support for e-wallets or debit cards
  • No international stocks

at eToro, #1 Online Broker

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

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

fidelity review

Fidelity has been around the block for nearly 75 years, offering a wide range of financial services to its customers. Its brokerage arm is licensed by the SEC and holds membership with FINRA. Notably, the investment platform is known for its long list of assets, including a selection of over 7,000 stocks listed across domestic and international markets. While you will pay 0% commission on the former, investing in foreign companies is charged at a premium.

Fidelity also gives you access to low-cost advisor solutions. You can either go for a digital-only automated investing plan or choose a hybrid robo service that combines input from financial advisors as needed. For casual traders, Fidelity also accepts fractional investments from $1. There are no deposit minimums required to set up your account on this platform.

Pros

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

Cons

  • Perhaps too advanced 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.

7. Interactive Brokers – Trade Cybersecurity Stocks at 0% Commission

Interactive Brokers

Interactive Brokers has, perhaps, the largest selection of asset classes in the online investment space. It gives you access to companies listed on US and 135 other international exchanges, thus allowing you to easily invest in the best cybersecurity stocks that the global markets have to offer. You can also add mutual funds, futures, options, bonds, forex, and cryptocurrencies to your portfolio via this provider.

Interactive Brokers

Interactive Brokers also offers a wealth of screening tools to its users, which includes daily investment briefs, and alerts on market updates. The broker adheres to the guidelines of the SEC and is regulated by financial authorities in the UK, Canada, Japan, Hong Kong, Singapore, and more. Moreover, the platform does not charge any commission for you to buy US-based stocks or ETFs. You can fund your account by depositing a check or transferring money through ACH, or bank wire transfer.

Pros

  • Thousands of investments across domestic and international markets
  • Advanced trading platform for seasoned investors  

Cons

  • Low fees offered only on US-listed stocks
  • Too complex 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.

8. E*TRADE – Good Stockbroker for Long-Term Investments

E*TRADE review

If you are looking to buy the best cybersecurity stocks and hold them for a number of years, E*TRADE is a broker worth considering. The platform features a range of retirement accounts that come with tax exemptions. Even if you are new to investing, you will find it easy to navigate the platform’s interface and place your orders without much difficulty. However, professionals might not find E*TRADE much to their liking.

E*TRADE review

E*TRADE does not need you to make any minimum deposit when you sign up on the platform. The broker also allows you to enjoy $0 commission on US-listed stocks and ETFs. However, it does not offer access to many international companies active in this industry. Funding your account might also be a hassle since the provider accepts payments only via bank wires, ACH, or checks.

Pros

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

Cons

  • Limited access to 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.

9. Zacks Trade – Top Stockbroker for Advanced Traders

zacks trade review

This list of brokers has largely focused on beginner-friendly platforms, and Zacks Trade is the exception. This provider is designed with seasoned traders in mind, offering them plenty of tools including live price charts and indicators. However, Zacks Trade indeed allows investors to purchase small fractions of the best cybersecurity stocks, rather than having to stake large sums to buy a full share.

zacks trade review

That said, Zacks Trade is not a zero-commission broker. It charges a fee of $0.01 per share and at a minimum of $1. Since it caters to regular traders, the platform is a bit more flexible when it comes to funding methods. You can not only make deposits using ACH and wire transfers, but you can also use instant modes of payment such as debit/credit cards and e-wallets. But make note of the fact that Zacks Trade recommends that you finance your account with at least $2,500 to get started.

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.

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

Ally Invest review

The final broker for your consideration is Ally Invest, which is yet another beginner-friendly provider. It is regulated by the SEC and gives you access to the best cybersecurity stocks without charging you a commission. That said, you can not buy shares of any foreign companies through this platform. However, Ally Invest has partnered with multiple market leaders to offer you a wide selection of ETFs.

ally invest review

While the broker does not have any minimum deposit requirement in place, you might have to fund your account with a large amount if you want to create a diversified portfolio. This is because Ally Invest does not support fractional investments. However, the broker does support automated robo investing, and you can get started with just $100 if electing to use this feature.

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.

How to Buy Cybersecurity Stocks – Detailed & Explained in Full

If you are ready to buy cybersecurity stocks right now, you need to have an account with a broker that can facilitate your investments. Purchasing shares of companies can seem complicated, but it is much easier when you break it down into steps.

As such, we have chosen eToro to provide you with a detailed rundown of how you can create a broker account and buy cybersecurity stocks today at 0% commission.

Step 1: Open a Stockbroker Account

As we mentioned earlier, you first need a fully equipped brokerage account before you can buy cybersecurity stocks on eToro. The registration process is easy, as you only need to provide some basic information such as your full name and contact details. While at it, do not forget to set up a secure username and password for your profile.

how to join etoro

After you have submitted your personal details, eToro requires to verify your account. Meaning, you have to submit a digital copy of your identification document. This can be your passport or state ID. The broker also requires proof of address, and you can use a bill from a utility company or a credit card statement for this purpose.

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

Step 2: Deposit Investment Funds

Before you can buy cybersecurity stocks, you need to have some funds in your brokerage account. One good thing about eToro is that this broker integrates multiple payment methods, ranging from traditional wire transfer and ACH to debit/credit cards and e-wallets.

Among these, card payments and e-wallets like PayPal allow you to make instant payments. If you are to choose ACH or a bank wire, it will take longer for the funds to appear in your account.

Deposit Funds

To make a deposit, you can select your preferred mode of payment and specify the amount you want to transfer. The minimum deposit required is just $10 at eToro. Take note that on eToro, there are no deposit fees for US clients.

Step 3: Search for Cybersecurity Stocks

Assuming that you know which cybersecurity stock you want to buy, you can look for it on eToro using the search bar. In the example below, we are looking to invest in DataDog.

How to buy cybersecurity stocks via eToro

Upon entering the company name, eToro instantly brings up the relevant stock. You can then click on the ‘Trade’ button to go to the order page.

Step 4: Buy Cybersecurity Stocks

To place your order, you need to let eToro know how much you are willing to stake on your chosen cybersecurity stock. When the order box is loaded up, you can enter your preferred amount and proceed to confirm your investment.

how ti buy cybersecurity stocks

All you need to do is click on the ‘Open Trade’ button and eToro executes the order on your behalf. The broker will also update your account with the shares you purchased.

How to Buy Cybersecurity Stocks – Conclusion

As the threat of online attacks increases, so does the demand for cybersecurity stocks. And companies offering innovative and reliable products have plenty to gain in the coming years. That said, this sector can also be volatile and unpredictable.

In other words, you need to consider your options carefully in selecting the best cybersecurity stocks that fit your investment style. If you’re ready to buy cybersecurity stocks right now – eToro gives you access to thousands of shares at 0% commission – both in the US and overseas.

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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.