Buy Meme Stocks – 5 Best Meme Stocks To Buy Right Now In 2021

Fact Checked by Gary McFarlane

The term ‘meme stock’ has made headlines over the past year, subsequently catching the attention of speculative retail investors. Put simply, these are companies that have seen an extreme share price increase due to their popularity on social media platforms.

In this guide, you will find an analysis of the best meme stocks to buy right now We also explain how you can make your meme stock investment with a regulated online broker that charges low fees.

Table of Contents

#1 Broker to Buy Meme Stocks – eToro

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  • Invest in a wide range of cryptocurrencies
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  • eToro crypto wallet included which makes it beginner-friendly
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How to Buy Meme Stocks – A Quick Guide For 2021

You can buy meme stocks using an online brokerage platform – like eToro.

For those who have never made an investment before, here is an overview of the entire process, broken down into five simple steps.

  • Step 1: Open an Account with eToro  – Visit eToro.com to sign up for a brokerage account. This means that you have to provide your email address along with a username and password that you want to use. You will also have to fill in your full name, date of birth, and phone number.
  • Step 2: Upload Your ID – On eToro, you will then be asked to submit your ID card as part of the KYC process. To complete this step, you can upload a copy of your driver’s license or a valid passport. Additionally, a proof-of-address document will also be required, for which you can use a utility bill or a bank statement.
  • Step 3: Deposit Funds – The minimum deposit required on eToro is only $50. You can make this payment instantly using your debit/credit card or an e-wallet like PayPal. Alternatively, ACH and bank wires are also supported, but these often involve a delay. 
  • Step 4: Search for Meme Stock – If you know which meme stock you want to buy, you can directly look for it using the eToro search bar. You can also see what meme stocks are supported via the ‘Discover’ tab.
  • Step 5: Buy Meme Stocks – Finally, upon finding your chosen meme stock, specify the amount you want to invest, and press ‘Open Trade’ to finalize your purchase.

Your order will then be executed by eToro and the meme stocks you purchased will be reflected in your portfolio.

At this point, you might also want to take note that this platform allows you to make investments without charging you any commission, and from a minimum purchase requirement of just $10.

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

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

In a nutshell, meme stocks have a cult following on social media platforms and thus have the potential to surge at any given time. Below you will find a list of the best meme stocks to buy right now.

  1. Tesla – Overall Best Meme Stock to Buy Right Now
  2. SunPower – Best Meme Stock to Access Renewable Energy Sector
  3. Virgin Galactic –Best Meme Stock in the Space Tourism Industry
  4. GameStop  – Good Meme Stock With Potential Growth
  5. United States Steel  – Best Meme Stock in the Infrastructure Industry

This guide discusses the above meme stocks in great detail shortly.

How To Buy Meme Stocks – Choose a Broker

There are a few ways for you to buy meme stocks, but perhaps the easiest and the most convenient option would be via an online broker. Here are some of the best investment platforms that you might want to check out for this purpose:

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

If you need to take a closer look at these brokers, we provide detailed reviews further down.

What are Meme Stocks?

In simple terms, meme stocks are equities that have gone viral online, thus gaining a lot of traction among investors. This sudden surge of interest might lead to the subsequent buying of such equities, eventually increasing the share value of the company in question.

The most notable example is Gamestop. The stocks of which soared over 1,700% – egged by social media activity and trends. The share value of this company skyrocketed in a short period of time, helping speculative traders make high returns on their investment.

However, making money through meme stocks is not as simple as it sounds. Before you make an investment, here are a few things to consider:

  • In most cases, the value of a meme stock is a direct result of its social media hype.
  • Meaning, it does not necessarily reflect the performance of the company in question, nor its potential to grow.
  • Nevertheless, such short-term price surges can also reverse just as quickly.
  • This makes meme stocks highly speculative and volatile.

The trend of meme stocks emerged in the year 2020 when people used platforms like Reddit and the subreddit WallStreetBets to discuss investment choices.

While these pose a possibility for monumental gains, it is also important that investors carefully consider their exposure to risk. This is particularly crucial – since there is a high probability that these equities are overvalued due to the hype and their share prices can plummet dramatically.

Best Meme Stocks to Buy Now – Full Analysis

Finding the best meme stocks for your portfolio requires you to consider many different factors. At the forefront of this is assessing the company in question in terms of the fundamentals – such as its P/E ratio, access to cash flow, and revenue growth.  
Crucially, it is paramount that you do your own process of due diligence to decide which meme stock is best suited for your investment portfolio. Nevertheless, in the sections below you will find our analysis of the best meme stocks currently in the market.

1. Tesla – Overall Best Meme Stock to Buy Right Now

Tesla has kept up its status as a ‘meme stock’ for some time now. Its share value has been on an upward trajectory since 2020 and has shown little signs of slowing down. During this time, the company has seen its stock price increase by over 2,200%. Currently, at the time of writing, Tesla is trading with a market cap of over $1 trillion

This makes Tesla not only one of the best meme stocks in the market but also a top contender in the electric vehicles and energy sector. Although Reddit discussions and the popularity of Elon Musk might have fueled its rapid price increase, the company has several other aspects that make it a strong choice for an investment portfolio. With the world shifting to electric vehicles, Tesla has become solidly profitable and has reported industry-leading gross margins.

Best meme stocks Tesla

Furthermore, you can invest in Tesla with the aim to profit from its ongoing diversification strategy. Other than revenues from selling cars, it also has a treasure trove of data and state-of-the-art self-driving algorithms. These can be valuable to other companies and presents another potential revenue stream.

Tesla is also a prominent player in the in-home and grid battery business. With a portfolio of clean energy products, this firm has plenty of growth opportunities, whether the meme stock trend stays relevant or not.

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

2. SunPower – Best Meme Stock in the Renewable Energy Sector

SunPower is a small, yet stable company that operates in the solar energy industry. Based out of California, the business continues to grow steadily, with a slightly different business model when compared to other market-leading providers in the same sector. It offers user-friendly tools that enable customers to receive quotes for installations, connect with an installer, and even track how much power is being generated from their home.

As a meme stock, SunPower has seen tremendous growth since the second half of 2020. This has led to a sharp increase in its stock value and a significant gain of 358% over the course of the last five years. The company reported higher revenues in the third quarter of 2021. The firm has been focusing on making solar energy accessible to everyone and has even been awarded grants by the US government for this purpose.

Best meme stocks Sunpower

With interest in renewable energy resources soaring immensely, investment into this sector is expected to increase significantly over the upcoming years. And SunPower is well-poised to merit from this trend.  Apart from solar panel installations, the firm has also introduced a number of alternative products, including electric vehicle charging services.

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

3. Virgin Galactic – Best Meme Stock in the Space Tourism Industry

Virgin Galactic is the space tourism endeavor of Richard Branson. The company debuted on the NYSE in late 2019 and has since experienced a wave of highs and lows during this small course of time. Virgin Galactic already has three ships that are capable of reaching the mesosphere. After a successful crewed-flight in July, the firm has resumed ticket sales and is set to begin tourist flights by 2022.

Best meme stocks Virgin Galactic

That said, while there is plenty of anticipation surrounding this company, the increase in its share price has been primarily due to an online meme frenzy. So far, the business has been largely unprofitable, and its stock value has further declined by the announcement that there might be a delay in the commencement of tourist flights. As such, you must have a strong stomach for risk if you plan to invest in Virgin Galactic.

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

4. GameStop  – Good Meme Stock With Potential Growth

In August 2020, an investor posted on a subreddit explaining why he thinks the video game merchant GameStop would be a good investment. Following this and a few other online commentaries, the stock value of this company started rising, ending the year with almost a fourfold increase in its share price. This was the beginning of the ‘meme stock’ trend as the world knows it.

GameStop stocks have been on an unpredictable path ever since. As you can see from the chart below, the value of this company barely witnessed any significant changes throughout 2018, 2019, and for most of 2020. After its initial boost in the market, the price of GME shares exploded amidst a frenzy of panic buying and short-covering. It is important to take note that many investors, including a number of hedge funds, suffered significant losses from this.

Best Meme stock Gamestop

While GameStop is still widely considered one of the best meme stocks, the company has also been planning its long-term prospects to secure this growing market interest. As per its most recent quarterly report, its net sales increased 25% year-over-year. Moreover, the firm is also expanding its products catalog and enhancing its network technology. In addition to this, GameStop has also opened a new fulfillment center in Nevada, thus widening its market to both coasts of the US.

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

5. United States Steel  – Best Meme Stock in the Infrastructure Industry

Last on this list of best meme stocks is United States Steel, a company that engages in the production of steel in the US and central Europe. It currently caters to the construction, automotive, energy, and packaging industries among others. The share value of United States Steel has been oscillating throughout 2021, and the signing of the $1 trillion infrastructure deal by US President Joe Biden has resulted in another upward trajectory.

Best meme stocks United Steels

Another interesting development for United States Steel is that the company has been collaborating with transportation and industrial companies to develop lightweight and energy-efficient gondola cars. And the manufacturer has been able to reduce the unloaded weight of a new model by up to 15,000 pounds. This can lead to more partnerships in the future, which can drive the stock value of this firm further northward.

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

How to Choose the Best Meme Stocks for my Portfolio?

It might not be that difficult to find potential meme stocks based on online conversation threads and discussions. However, choosing the right investments is a whole different game. You need to carefully evaluate the company in question, as the risks involved can be tremendously high.

Prior to making an investment in the best meme stocks, you’ll want to follow these tips to make sure that your choice of company is a good fit for your risk appetite.

Social Media Platforms

More often than not, the emergence of a meme stock has nothing to do with a company’s performance. So, when looking for the next GameStop, your obvious source of information is social media platforms. Reddit and subreddits can give you an idea about what retail investors are thinking about in terms of the next opportunity. You will also come across conversations that can have a direct impact on the real market.

Best meme stocks Gamestop

However, when using such online forums for investment inspiration, you need to make sure that the accounts that create posts have some credibility. That is, you will want to avoid taking suggestions from users with new profiles, or without any followers. There is also a chance that threads are dominated by bots to create a frenzy surrounding specific companies.

Investment Thesis

While the sentiment on social media is one way to spot potential meme stocks, if you are looking to limit your risk, you should also perform market research on your own. In other words, you should ensure that your chosen company is in decent financial health.

  • This can be done by performing fundamental analysis of a company.
  • You can look through its earnings report, balance statements, and cash flows to understand whether a firm is financially stable or not.
  • You should also consider the firm’s revenue sources, how market news affects the company, as well as whether it has a proven and sustainable business model.

If there is a chance of potential growth of the company, then your investment into a meme stock would also be backed by solid research. 

Where to Buy Meme Stocks – Full Broker Reviews

Since many prominent online brokerages offer similar features, you need to closely consider aspects such as minimum investment amounts, fees, security, and convenience when deciding which platform to buy meme stocks.

If you want to avoid the stress of researching and picking the right platform yourself, below you will find a selection of top-rated brokers that allow you to buy meme stocks in a low-cost way.

1. eToro – Overall Best Place to Buy Meme Stocks

bitcoin today

Established in 2007, this social trading platform caters to over 20 million users from 140 countries across the world. The provider has set up an intuitive interface, perfectly suitable for beginners. eToro stands out as a heavily regulated broker with licenses from multiple tier-one financial authorities, including the SEC in the US and the FCA in the UK.

eToro is also registered with FINRA for added protection for US citizens. Furthermore, eToro gives you access to equities listed not only on the NYSE and NASDAQ but also in plenty of foreign markets. Most importantly, you can buy meme stocks from $10 as fractional shares are supported on this platform. All supported stocks and ETFs at eToro can be traded at 0% commission.

etoro copy portfolio

Moreover, the minimum deposit required at this broker is only $50, and when funding your account in US dollars, you will not be charged any transaction fees. If you would rather adopt a passive investment strategy, you can elect to use the Copy Trading tool or put your money into one of the many pre-built CopyPortfolios.

Pros

  • Invest in stocks at 0% commission
  • Minimum investment of $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 Meme Stocks at 0% Commission

webull review

Webull is another SEC-regulated online broker that gives you access to the best meme stocks listed on both the NYSE and NASDAQ. As with eToro, you do not have to pay any commission when placing trades via this provider. In addition to this, there are also no minimum deposit conditions to create an investment account – and you can choose between individual and retirement plans.

webull review

However, instant funding of your account is not possible on Webull as it only supports ACH and bank wire transfers. Moreover, you will find that the selection of foreign stocks offered is very limited. That said, Webull does allow you to invest in fractional shares from just $5. You can also access ETFs, and options trading through this provider.

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 Investment Accounts

Merrill Edge review

Merrill Edge is yet another no-commission broker that allows you to buy meme stocks listed on US exchanges at low fees. Moreover, you can use this platform to set up an account with no minimum balance. But what makes this provider attractive among investors is that it gives you access to tons of resources and research materials, allowing you to pick your investments based on real-time market data.

In addition to this, Merrill Edge is also commended for its top-notch customer service – provided via Bank of America branches across the country. You also have the option to choose for a guided investment account, however, these come with higher minimum deposit prerequisites of $1,000 and $20,000 based on your specific needs.

Merrill Edge review

Apart from equities, Merril Edge also supports mutual funds and bonds among its list of investment products. All that said, this broker might still be out of reach for many beginner investors because it does not facilitate fractional shares. Meaning, you will have to risk larger amounts of capital to buy shares in companies like Tesla.

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. Zacks Trade – Top Broker for Advanced Traders

zacks trade review

Zacks Trade is geared towards active traders who are looking for state-of-the-art trading tools and easy access to multiple markets. As an investment platform, this broker allows you to buy meme stocks listed on US exchanges, as well as 19 other foreign markets. You can also trade forex and options via this provider, and take advantage of low margin rates.

zacks trade review

However, there are two important points that you need to be aware of. That is, Zacks Trade charges a fee for investments, at $0.01 per share. It also has a high recommended minimum deposit amount of $2,500 to open your account. If you are a beginner, you might find a friendlier platform with affordable costs elsewhere. On the contrary, for seasoned traders, the technical data and research tools supported are likely to be of interest.

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.

5. E*TRADE – Good Broker for Long Term Investments

E*TRADE review

E*Trade has designed its platform to cater to the needs of beginners who want to get started with long-term investments. The broker features a few different account types for this purpose, including, individual, retirement, and managed portfolios. It also deploys a zero-commission structure when you buy meme stocks that are listed in the US.

E*TRADE review

You will also find extensive educational resources, guiding new investors on each and every step along the way. However, the options for stocks are quite limited, especially when compared to some other brokers listed here. Secondly, if you are an experienced trader, you will not find any tools or indicators that can aid your trading process.

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.

6. Robinhood – Great US-Based Broker for Beginners

robinhood review

Robinhood has witnessed a spike in trading volumes due to social media-influenced investing trend several times during the past year. This is primarily because this is one of the most beginner-friendly platforms in the market. As such, the broker makes it easy to buy meme stocks. Moreover, the provider does not charge any commissions to trade US-listed equities.

Along with a highly intuitive, and beginner-friendly interface, Robinhood also provides access to a wide selection of investment products – ranging from stocks, ETFs, options trading, and cryptocurrencies. However, if you are looking to expand your portfolio’s reach to foreign markets, this broker falls short. Another disadvantage is that while you can instantly add funds using ACH and a bank wire, there is a limit of up to $1,000.

robinhood review

If you want to benefit from higher instant deposits, then you need to open a gold account at $5 a month. You can also gain access to margin investing via the gold account. Additionally, Robinhood has also partnered with Morningstar to provide in-depth market research reports for nearly 1,700 stocks. That said, even if you are a free user, there are no minimum deposit requirements to set up an account.

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.

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

fidelity review

For those who want to diversify their investment portfolio across a wide range of markets, then Fidelity is well worth your attention. This broker features one of the widest lists of stocks, with over 7,000 companies listed on both domestic and international exchanges. You can also access ETFs and bonds, or find new opportunities to invest through its support for IPO offerings.

For beginners, Fidelity provides easy and low-cost access to the stock market from a minimum trade size of just $1. You do not have to meet any minimum deposit threshold to get started. Add a 0% commission policy to this and you have a convenient and secure broker, one that is also regulated by the SEC. The platform currently serves over 40 million users through 200 investor centers spread across the world.

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.

8. Interactive Brokers – Trade US Stocks at 0% Commission

Interactive Brokers

Interactive Brokers is one of the best platforms out there to support both domestic and international markets at a low cost. While you can buy US-listed meme stocks without paying any commission, the fees for investing in foreign companies vary depending on the location. Nevertheless, the provider gives you access to 135 different global markets at competitive fees.

Interactive Brokers

Another aspect that makes Interactive Brokers stand out is that it is regulated in numerous jurisdictions on a global level. You will find that the platform is licensed in the US, Canada, Hong Kong, UK, and Australia among others. When it comes to alternative investment products, this provider supports options, forex, futures, bonds, and ETFs. You can also choose between individual, joint, or retirement accounts.

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.

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

Ally Invest review

Ally Invest is another broker that offers zero-commission investments. Through its self-directed account, you can buy meme stocks without having to meet a minimum deposit. You also get in-depth research tools at your disposal. However, the provider does not list any international companies, nor does it facilitate fractional shares.

Ally Invest review

Ally Invest is also one of the few brokers that support robo portfolios from just $100. There are no advisory fees, and you will be able to invest in a mix of low-cost, diversified stocks in one go. Furthermore, due to its close association with Ally Bank, users can also move money between two accounts easily.

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.

10. SoFi – Invest in Meme Stocks via Fractional Shares

SoFi invest review

As you might have gathered by now, brokers that offer fractional shares are a much better choice for beginners and those who want to limit their market exposure. SoFi is the last platform on our list that gives you the option to buy meme stocks at a lower trade size, from $5. Moreover, this provider is fully regulated by the SEC and thus – operates under strict guidelines.

SoFi invest review

When it comes to alternative investment products, SoFi offers access to IPOs, ETFs, and cryptocurrencies through a single platform. Moreover, you also get commission-free access to the shares of US-based companies. However, you will not be able to find meme stocks listed on foreign markets. Additionally, those who are looking for other financial services such as insurance, wealth management, and personal loans can also consider SoFi as a viable option.

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.

How to Buy Meme Stocks – Detailed & Explained in Full

When you are ready to buy meme stocks, you will need to open a brokerage account. However, some of you might be totally new to the investment space and could benefit from a complete rundown of the process.

In this section of our guide, you will find a step-by-step explanation of how to buy meme stocks using commission-free broker – eToro.

Step 1: Open a Brokerage Account

To buy meme stocks, you will first need to create a brokerage account on eToro. This is a quick and painless process that hardly takes a couple of minutes. You will need to provide some basic information, such as your name, contact details and email address to get started.

eToro also requires you to choose a username and a password. Once you click on ‘Create Account’, you will then be redirected to the next stage of the signup process.

how to join etoro

Due to heavy regulation, eToro requires you to provide some identifying information to comply with AML and KYC laws.  This only means that you have to upload a copy of your government-issued ID, such as your passport or driver’s license. You also have to verify your address, and you can use a utility bill, or bank statement for this purpose.

In addition to this, eToro will also collect information about your employment status, investable assets, investment experience, and financial goals so that it can provide you with the right features.

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

Step 2: Deposit Funds

After you have opened your brokerage account, you must add some funds before you can buy meme stocks. On eToro, the minimum deposit amount is only $50, and you can choose from several supported payment methods to make the transfer.

This includes not only includes ACH and bank wires, but you can also use PayPal or Neteller. Debit/credit cards are also supported.

Deposit Funds

Moreover, funding your account in US dollars is entirely free on eToro. In case you are using another currency, you will have to pay a forex fee of 0.5%.

Step 3: Search for Meme Stocks

If you have a meme stock in mind, you can go ahead and use the search bar on eToro to find it. The broker instantly shows you the results, and you can click on your desired meme stock to load up an order box.

How to buy meme stocks eToro

For those who want to explore the various meme stocks available on the platform, you can head over to the ‘Discover’ tab. This will show you the different companies available on eToro categorized by market trends and more.

Step 4: Buy Meme Stocks

In the order box, you can enter how much you want to invest in your chosen company. In our example below, you can see that we have specified $100 in the ‘Amount’ box. Remember that eToro allows you to purchase fractional shares of the best meme stocks from just $10.

Buy meme stocks eToro

Finally, confirm the investment by clicking on ‘Open Trade’. In our example, the box displays ‘Set Order’, as the markets are currently closed. This simply means that eToro will execute your order when the markets reopen.

How to Buy Meme Stocks – Conclusion

Even the best meme stocks pose an incredible risk. When you see a company’s share value skyrocket, it might be tempting to want a piece of the action. However, as we have established throughout this guide, while prices can surge, they can fall just as quickly.

That said, if you want to proceed with a meme stock purchase – consider a trusted platform like eToro. This broker allows you to buy meme stocks in a fully regulated environment at 0% commission and you can start purchasing fractional shares from as little as $10.

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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.