How To Buy Vegan Stocks – Invest in Vegan Stocks Today!
Are you looking to buy into the budding industry of plant-based food manufacturers? There is an increasing number of vegan product consumers daily and it spells out a great opportunity to earn profit for investors. It is good for you especially if you are keeping an eye out for latent investment opportunities. Though it may not promise much at the moment, potentially high yield in the future may align with your long-term financial goals.
This article will provide a detailed guide on how to buy vegan stocks and the best brokers you can use.
eToro- The best online investment broker
How To Buy Vegan Stocks – Step by Step Guide 2021
Many vegan stocks belong to ethical companies that begin to see their products gain traction daily with the increasing population of vegetarians. It makes the growing industry a viable investment choice of which people need awareness. It would not be fair for you to go around the market aimlessly and get roped in with a substandard investment broker. That is why we recommend eToro. Below is an easy guide to begin investment in vegan stocks using eToro.
- Step 1: Register with eToro – Open an account with eToro to get started. Visit the homepage and click on ‘join now’ to get started.
- Step 2: Verify your identity – You will be required to provide a means of identification, preferably a photo I.D. (e.g., passport/driver’s license/utility bills)
- Step 3: Make a deposit – You need to deposit on eToro before you can enter any trade. On your dashboard, click ‘Deposit funds” and proceed to choose your most preferred payment method to make a deposit.
- Step 4: Buy Vegan stocks – Type ‘Vegan stocks’ in the search box on your account page. Press ‘Trade’ and enter the dollars you want to invest. The press ‘Buy.’ That’s it.
Where to Buy Vegan stocks – The best brokers
There is a ton of options to choose from when it comes to evaluating investment brokerages. Why do you have to be meticulous in your choice of a broker? There is a lot at stake in the form of the capital you set aside for investment. You need to use the features offered by a standard broker to judge whether they are a good fit for your investment plans. We have done the hard part by evaluating three of the best brokers we perceive will help you attain your financial goals.
1. eToro – The best place to Buy Vegan stocks
eToro is the choice broker for over 20 million users across 140+ countries worldwide, having spent the last 14 years building a credible brand that offers an easy to use the system of generating profits via investment in the digital economy.
Security and Privacy
eToro is heavily regulated by top regulatory bodies such as the Cyprus Securities and Exchange Commission, FCA, FSCA, ASIC. The broker is known for offering the 2FA system as the backbone of users’ accounts to protect their investments and profit. Without this, eToro has a solid firewall built to stand against cyberattacks by vices that seek to compromise the accounts of all eToro users. eToro also has a strict policy covering the protection of user data as they are aware of certain regulatory bodies charged with suing companies for exposing or using consumer data without permission.
Fees and Features
eToro offers a simple interface that is relatively easy for beginners and experienced traders to trade stocks, CFDs, or cryptocurrencies with minimal risks. To bring beginners up to speed, they incorporated the copy trading feature, which enables them to emulate the trading patterns of experienced traders and attempt to earn profits even while not being skilled in the technical knowledge about market dynamics and analysis. It is commission-free and charges zero deposit/withdrawal fees over any trades or transactions carried out on the platform. It has a user-friendly mobile app downloadable over iOS devices (iPhones and iPad) and Android devices.
|Fee Type||Fee Amount|
|Inactivity Fee||£10 per month|
- Offers negative balance protection
- No deposit or withdrawal fees
- More options for international traders
- Highly regulated
- Charges inactivity fee
- No Meta trader support
- Not SIPC or FDIC insured
68% of retail investor accounts lose money when trading CFDs with this provider.
2. AvaTrade – Great Platform to Buy Vegan Stocks
AvaTrade is conveniently the second-biggest brokerage platform on our list, and from the rave reviews that we have read from its users, there is much profitable activity going on beyond the simple outlook of the platform.
Security and Privacy
It was also backed by CySEC, ASIC, FSCA, FCA, and other top regulators who vouched for its excellent features. All data is protected by a complex 256-bit encryption system that is established to prevent the incursion of hackers from not just stealing user data but robbing them of their portfolio. The antitheft system is also facilitated by top antivirus software, McAfee. Users can conveniently use the AvaTrade app and website with an extra sense of security in all their trading activities.
Fees and Features
AvaTrade has a user-friendly mobile app that a novice trader can easily access and buy stocks of their choice and hold on to the app for as long as they want or until they profit. The use of the app is restricted to some European countries and the middle east. English speaking countries will enjoy the use of the app quite well instead of other languages since English is the only language option available on the app. Users can make all deposits on the app via bank transfer, PayPal, debit cards, credit cards, and other payment methods. It was done to enable users to make payments using the easiest payment methods possible for them.
|Fee Type||Fee Amount|
|Inactivity Fee||£50 after three months and £100 after 12 months|
- Heavily regulated platform
- Demo account
- 24/7 email and phone support
- Islamic account is available to accommodate more users
- Withdrawals can take up to 10 days
- No negative balance protection
- No guaranteed stop loss
Your Capital is at Risk.
3. Capital.com – Alternative Broker to Buy Vegan Stocks
Capital.com is a U.K. based online brokerage that has been grown incredibly large since it was established in 2016. It offers a simple and interactive outlook that is just perfect especially if you’re a beginner to investment in general. This platform has also been optimized for users in the U.K., with a lot of sweet deals for users in that region. If you’re in U.K., this platform should be one of your top choices.
Security and Privacy
The prime security need that Capital.com solves both on its app and websites is the issue of data theft or loss due to hacks and other challenges that often accrue to a digital platform of this kind. It is regulated by agencies such as CySEC, FCA, NBRB, and ASIC. The protection also spreads to the investments of users of the platform. A brokerage with poor security protocols would often see its users lose their holdings to hackers who make mincemeat of its firewalls and gain access to users’ entire holdings leading to data loss.
Fees and Features
It is commission-free on every trade, with no deposit or withdrawal fee required. It is the only broker on this list that does not charge an inactivity fee. To offset the rare occurrence of a security breach, the platform has an insurance setup for users from the U.K. backed by the FDIC. Users can also enjoy a more interactive live chat with customer care representatives who attend to the immediate concerns of the users when it comes to the app’s functionality. They always set their users first and thus, have made it simple to use the app with beginners in mind. It is a pretty good place for people who are just beginning their journey as investors.
|Fee Type||Fee Amount|
- Proper user orientation
- Access to analytical charts (Tradingview)
- FDIC-Insured (for UK-based traders)
- Low CFD fees
- Efficient customer support
- High risk on CFD trades
- No price alerts on the web platform
76.72% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.
Comparing the three brokers’ prices for buying Vegan stocks
Below is a summary of the fee required across each brokerage:
|Commission||Deposit Fee||Withdrawal Fee||Inactivity Fee|
|AvaTrade||0%||£0||£0||£50 after three months and £100 after 12 months|
What Are the Different Ways to Buy Vegan stocks?
Vegan companies are one of the most significant prospects in the stock exchange market. They are guaranteed to yield maximum profits in the short- and long-term for investors that are looking to capitalize on the best investments of the future:
Buying company stocks offer users the opportunity to own specific percentage ownership of the company. Most companies are enlisted on top stock exchanges such as NYSE and NASDAQ as they are the top exchanges with which the most prominent companies of the world strive to get affiliated with. Stocks, especially those belonging to a growing industry, often require much patience as it may take time for the company’s value to grow and generate profits via dividends. Holders of a particular company’s shares could also partake in certain voting decisions in the company. Dividends accrue over time, and shareholders receive the percentage proportional to your stake in the company.
CFDs (Contract for Difference)
CFDs are seen as some sort of minefield due to how much investors lose while dealing with this method of investment. It involves making accurate predictions about the price trajectory of company stocks. You can do CFD trading within a day or two instead of the years it could take before stocks begin to yield dividends. Also, CFDs can generate as much profit within a day or two as waiting on stocks to grow for years could take. But that only underlines how risky and volatile the market can become. If you can get on the right side of the market, you are sure to earn profits from this short-term investment option. Trading CFDs by yourself requires that you fully understand technical price analytics. It will help you to be able to ascertain the premier moves of certain stocks in the market.
ETFs (Exchange-Traded Funds)
An ETF is a fund that accumulates two or more related or unrelated company stocks that carry a huge potential to grow in value. It conveniently exhibits the best traits of CFDs and buying direct stocks. It may turn out to be relatively stable compared to stocks, and it can also turn in high profits in the short term. There is a positive correlation between the stocks included in the fund that makes it so that it rubs off on the others as it offsets their losses when one stock price increases. It means that users do not have to fear the liquidation of their investment when they invest in CFDs. Two or more other stocks in the fund will ultimately help preserve the entire holdings. Mind you, you do not own any of the component stocks in the fund as a viable broker or investment manager owns them. When you buy into the fund, you are still not the portfolio owner, but you get to enjoy the benefits when the value of the constituent company shares increases.
Best ways to Buy Vegan stocks
All things being equal, millions of people will find prime reasons to stop consuming meat and add credibility to the go-green initiative that has seen companies peddling vegan food and materials begin to grow in leaps and bounds. In anticipation of that, if you are looking to buy vegan stocks, here are the ways you can choose to buy Vegan stocks of your choice.
Buy Vegan Stocks
The majority of the companies producing Vegan food are majorly startups growing into an industry that is gradually growing traction as its ideals get accepted. Buying vegan stocks now means that you are buying into the future of these companies, and it might take a few years before they attain proper prominence. Hence, buying direct vegan stocks would be the best choice if you intend to earn maximum profit overtime over whatever company stock you choose to buy. You would watch your profits grow enormously as the company grows. You would be wise to take your mind off the market fluctuations and plan for the long-term.
Buy Vegan stock CFDs
When you buy vegan stock CFDs, you do not hold the legitimate owner of any of the stocks, but you become an active trader thriving on the changes in the price action of these vegan stocks daily. You likely stand a chance to earn profits every day if you understand the metrics that guide the price movements of company stocks. You also do not get to partake in any voting activity with the company when you hold real stocks. Usually, some users might be limited to trading CFDs because their geographical location puts them in a position where they cannot buy real stocks on any broker. It is a viable option for investors of any age, but investors must take adequate care to ensure that they do not lose their capital.
Buy Vegan stock ETFs
If your broker or investment manager can offer you an ETF that contains two or more types of vegan company stocks in a portfolio, you can take advantage of this method to buy vegan sticks, albeit indirectly. Much like CFDs, you do not own vegan stocks, but your broker does, and they offer the ETFs to you to trade on the changes in the value. You have a steady source of income in the short term as a result. Can all the stocks in the fund be Vegan? Yes, it is possible, although it would be best to trade ETFs of a diversified fund.
Should You Be Investing in Vegan Stocks?
The signs are there that Vegan company stocks would grow to yield huge profits in the nearest future, and this means that there is no better time than now to buy the promising vegan stocks. Experts have foreseen that the vegan lifestyle will boom as people begin to reject animal products for their reasons, e.g. medical or humanitarian reasons. The next generation of youths is avid about the environment and animal rights while some are unable to consume animal products for allergic/health reasons, and all these will give the industry room to grow. The world is changing, and stocks such as this are bound to grow in value as well. More restaurants will be creating special vegan foods. The minority groups that tend to favour plant-based foods will come out of the shells to give traction to this effect. It is bound to be a lasting trend, and we implore investors to take advantage of a platform such as eToro to take a step on this perfect investment opportunity to earn the benefits that will aid your financial growth. Some vegan stocks you can look at include:
- Beyond Meat (NASDAQ: BYND)
- Dr Martens
- Burcon NutraScience (OTCMKTS: BUROF), to mention but a few
The Risks of Buying Vegan Stocks
We are happy that the gloomy nature of the global economy caused by the occurrence of Covid-19 has ceased. Restaurants were equally affected due to the heavy restrictions imposed on all outdoor activities to curtail the pandemic. If such were to occur again, it would damage any investment in stocks of this class. It would technically impair sales of products and somehow initiate volatility. Also, as it is a relatively new industry, we can expect that there would be stiff competition on all sides from other company stocks. Hence, the industry will show some heavy price fluctuations based on consumer demands which could affect those who choose to buy Vegan stocks in CFDs.
There is also the possibility that companies that failed to progress could get liquidated, thus endangering the values of the company’s shares and ultimately causing them to dump quite hazardously. Another threat to this effect is the continuation of vegan foods to remain a minority item instead of becoming a globally accepted food class.
How To Buy Vegan stocks with eToro
Now that you know how to invest in vegan stocks, let us recap on buying vegan stocks on eToro.
Step 1: Open a Broker Account
Get the process started by visiting the eToro website and clicking on the ‘Join Now’ button. Follow the on-screen prompts by entering your personal details and choosing a username and password.
You will also need to upload a copy of your government-issued ID – as part of the KYC (Know Your Customer) process.
Step 2: ID verification:
Verify your identity using a standard photo ID such as on a license to help confirm that the details you input are correct. Use a passport or a driving license along with a document that affirms your geographical location and your name.
Step 3: Deposit Funds
You can now make a deposit into your newly created eToro account – ensuring that you fund it with at least $50. No deposit fees apply if you are depositing funds in US dollars. Other currencies attract a fee of 0.5%.
If you want to buy vegan stocks instantly, it’s best to use a debit/credit card or an e-wallet like Paypal.
Step 4: Search and Choose Vegan stocks, CFDs, or ETFs.
With the deposit confirmed, you can enter your vegan stocks in the search box.You can also view the full list of vegan companies supported by eToro by clicking on ‘Discover’ followed by ‘Stocks’.
Step 5: Buy Vegan Stocks
Now it’s just a case of deciding how much you want to invest. You don’t need to buy full shares at eToro, so you can invest any amount of your choosing about the $50 minimum. Once you are ready to buy your chosen vegan stock – click ‘Open Trade’. And that’s it – you have just invested in vegan stocks at 0%.
We hope you now understand how to buy vegan stocks and use eToro to buy your preferred Vegan stocks. If you are still unsure about the best types of vegan stocks you can buy, be sure to do your research before buying vegan stocks on any brokerage platform. If you still have questions about eToro, do well to check our other articles for more information. Thanks for reading!
Best Platform to Buy Vegan stocks – eToro