Apple (AAPL) is one of the most popular and widely held stocks among retail investors. As one of the largest publicly traded companies in the world, Apple has seen tremendous growth over the last two decades. Many investors are interested in buying and trading Apple stock but want to use a user-friendly platform like eToro to do so.
This guide will walk you through the key steps to check the current Apple stock price on eToro and provide tips on analyzing the stock performance before making any investment decisions.
An Overview of eToro for Investing in Stocks
eToro is a leading social trading and multi-asset brokerage company that offers a user-friendly investment platform to trade various securities. With its innovative trading features like CopyTrader, eToro allows investors to interact with each other, follow top-performing traders, and invest in stocks, ETFs, cryptocurrencies, and more.
Here are some of the main benefits of using eToro to invest in stocks like Apple:
- User-friendly interface: eToro’s platform is intuitive and easy to navigate, even for new investors. Key information is clearly presented.
- Educational resources: eToro provides market news, analysis, webinars, and other resources to help investors make informed decisions.
- Social trading: Investors can engage with others, share strategies, and follow and automatically copy the trades of top investors on the platform.
- Regulation: eToro is authorized and regulated by top financial authorities like the FCA, CySEC, and ASIC.
- Minimum deposit: The minimum deposit to get started on eToro is just $200. Other brokers often have higher account minimums.
- Commission-free trading: eToro does not charge any commissions on stock trades. Many other brokers charge fees per trade.
- Mobile app: eToro offers mobile apps for Android and iOS for convenient on-the-go trading.
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Step 1: Open an eToro Account
If you don’t already have one, the first step is to open an eToro account. This is quick and straightforward:
- Go to www.etoro.com and click on “Join Now” to begin the registration process.
- Enter your name, email address, and phone number. Then create a username and password.
- Review and accept eToro’s Terms and Conditions.
- Verify your account via email confirmation.
Once your account is open, you can log in and start exploring the investment platform.
Step 2: Verify Your Identity
To use a real money account on eToro, you’ll need to complete the identity verification process. This is standard across most trading platforms and is required for regulatory compliance.
Here’s how identity verification works on eToro:
- Click on your profile icon and go to the Verification section.
- Provide personal identifying information such as your full name, date of birth, address, and tax details.
- Upload scans or photos of your government-issued ID, such as a passport, driver’s license, or national ID card.
- Verify your phone number via a code sent to your mobile device.
- Submit proof of address, such as a utility bill or bank statement dated within the last 3 months.
- Once submitted, it may take 1-2 days for eToro to review your documentation and verify your account.
Step 3: Fund Your eToro Account
Now you’re ready to fund your account so you can start investing. eToro offers several convenient funding methods:
- Debit/credit card: Visa, MasterCard, Maestro, and PayPal Credit
- eWallets: PayPal, Neteller, and Skrill
- Bank transfer: Link your bank account to transfer funds directly
- Payoneer: Fund with this payment processor
There are no fees for depositing money into your eToro account. Just log into your account, click “Deposit Funds,” and follow the steps to complete your chosen funding method.
The minimum first-time deposit varies by country but is around $200-$500. Be sure to have sufficient funds to cover your planned Apple stock purchase and account minimums.
Step 4: Search for Apple Stock
Once your account is funded, you can start trading! To find Apple stock on eToro:
- Enter “AAPL” or “Apple” in the search bar at the top of your eToro dashboard.
- Click on “AAPL” from the dropdown results to go to Apple’s stock overview page.
Here you’ll find everything you need to analyze the stock price and performance:
- The current live price quoted in real time
- Interactive charts showing historical price performance
- Technical analysis with indicators like moving averages
- The latest news and headlines related to Apple
- Apple’s company profile and description
- Analyst ratings and price targets for Apple stock
Step 5: Check the Live Apple Stock Price
On Apple’s overview page, you’ll see a live price quote near the top. This shows you the current price per share that AAPL is trading at on the market in real time.
During market hours, you’ll see the price updating constantly as buyers and sellers trade the stock on exchanges like Nasdaq.
When the markets are closed, the last closing price will be displayed.
Below the current stock price, you can see the specific exchange where the price is coming from. For a stock like Apple that is traded on multiple exchanges, eToro will default to the one with the highest volume, which is likely the Nasdaq.
So in a few seconds, you can easily check AAPL’s stock price on eToro to know exactly what the shares are trading for at any given moment.
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Step 6: Analyze the Apple Stock Chart
While it’s helpful to know the latest real-time price, you also want to analyze the price performance and trends over time. eToro’s charting tools make this easy.
On Apple’s overview page, interact with the interactive chart to:
- View the price history and performance over custom timeframes. Zoom in and out on the chart to see day-to-day, month-to-month or year-to-year action.
- Spot patterns and trends like uptrends, downtrends, resistance and support levels, and volatility. These can help inform your investment decisions.
- Add technical indicators like Exponential Moving Averages (EMA), Bollinger Bands, RSI, and MACD to identify opportunities. eToro has 100+ indicators available.
- Draw on the chart to highlight significant price levels.
Analyzing the chart enables you to make prudent buy and sell decisions instead of relying only on the current price. Keep in mind that past performance does not guarantee future results. Use chart analysis along with other research when investing.
Step 7: Set a Price Alert for Apple Stock
It’s a good idea to set up price alerts for Apple stock so you can monitor it even when you aren’t logged into your eToro account. This lets you get notifications when the share price reaches key levels.
Here’s how to set price alerts on eToro:
- Click “Set Alert” below the current Apple stock price on its overview page.
- Enter your target price threshold and choose either a one-time alert or recurring alerts.
- Configure whether you want alerts sent via browser pop-up, email, or mobile push notification.
- Click “Save” to activate the alert.
Now you’ll receive a notification when AAPL hits the price you set, so you can sign in and re-evaluate. Smart use of price alerts helps you stay on top of your investments.
Step 8: Read Analysts’ Ratings for Apple
Most reputable brokerages provide analyst ratings on major stocks like Apple to help guide investors. eToro compiles Wall Street analysts’ ratings and price targets into an overall sentiment score and analysis.
On Apple’s stock overview page, you can quickly see:
- The overall analyst consensus rating: How analysts rate the stock overall, such as Buy, Hold, Sell.
- The average target price: The typical 12-month price forecast set by analysts covering the stock.
- The number of analysts tracked.
- Any changes in sentiment recently.
- The highest and lowest price targets.
Reading this analyst summary provides a quick snapshot of expert opinions on Apple stock. Click “See Details” to drill down into the full ratings breakdown by individual analysts.
No investment decisions should be made solely based on analyst ratings, but they provide helpful perspective.
Step 9: Review the Latest Apple News and Filings
One of the most useful parts of Apple’s stock overview page on eToro is the Latest News feed. This compiles up-to-the-minute news announcements related to Apple.
Staying informed on major company events like product launches, earnings reports, executive changes, and more enables you to understand what is impacting the stock price.
Other key items you can quickly access here include:
- Quarterly earnings call transcripts and SEC filings
- Investor presentations and annual reports
- Announcements of dividends or share buybacks that affect shareholders
- Breaking news from credible business news outlets like Bloomberg and CNBC
Regularly checking in on the news gives you the context behind AAPL’s stock performance. Major developments often lead to price movements.
Step 10: Use Technical and Fundamental Analysis
Before deciding to invest, it’s prudent to conduct further analysis on Apple stock using both:
Technical analysis: Studying AAPL’s historic price charts, trends, volume, and technical indicators to forecast potential future movements.
Fundamental analysis: Evaluating Apple’s financial health as a company, its growth prospects, market position, competitive advantages, and other business metrics.
On eToro, you can easily conduct both forms of analysis using the available data and tools. For technical analysis, utilize the price chart with indicators. For fundamentals, research Apple’s financial reports, company profile, analyst ratings, and related news.
Combining technical and fundamental analysis provides the most complete picture of Apple as an investment. Don’t rely solely on the current stock price.
Step 11: Open and Monitor Your Apple Stock Position
Once you’ve conducted sufficient research and analysis, you can move forward with investing in Apple stock.
- From Apple’s overview page, click “Trade,” then enter your investment amount in dollars or shares.
- Set any stop losses, take profits, or other order parameters. Use sensible risk management.
- Review your purchase order details and complete the purchase.
Your Apple shares will now appear in your eToro portfolio. Monitor the stock’s performance and stay up-to-date with market news.
You can sell your position at any time in the same way you opened it. Most investors hold AAPL long-term.
Key Takeaways on Checking Apple’s Stock Price on eToro
Here are some key tips on using eToro to check Apple stock prices:
- Open an eToro account easily online and verify your identity.
- Fund your account via several convenient payment methods.
- Search for “AAPL” or “Apple” to find the stock overview page.
- Check the live price quote, updated in real time.
- Use the interactive chart to analyze historical performance.
- Employ indicators and technical analysis to spot trends.
- Set price alerts to monitor Apple stock passively.
- Read analyst ratings, news, filings, and earnings.
- Combine technical and fundamental analysis before buying.
- Use eToro’s platform to buy, sell, and track Apple seamlessly.
Following these steps allows you to make prudent investment decisions based on the real-time Apple stock price on eToro as well as deeper analysis before buying AAPL shares.
To Recap
eToro offers an easy, user-friendly platform for checking the live Apple stock price and analyzing the stock through interactive charts, news, data, and more. Following this guide provides you with the steps to find, track, and invest in Apple shares using eToro’s platform. Just be sure to utilize prudent risk management and solid investment practices when trading securities. eToro is a top choice for traders interested in buying and holding stocks like Apple.
Frequently Asked Questions
Is Apple stock a good long-term investment?
Apple stock has historically been a very good long-term investment, given the company’s track record of innovation and growth. While past performance doesn’t guarantee future returns, Apple has durable competitive advantages as one of the world’s most valuable brands. For investors with a buy-and-hold strategy, Apple remains a compelling choice.
How often does Apple’s stock price update on eToro?
eToro displays Apple’s stock price in real time, so the price on the platform updates every 1-2 seconds during active market trading hours. This allows you to monitor the latest price movements seamlessly.
Can I trade Apple stock 24/7 on eToro?
No, Apple shares can only be traded during official market hours, which are 9:30am to 4 p.m. Eastern on regular trading days. eToro does not currently offer after-hours trading. The platform is accessible 24/7 though.
What is the minimum amount to invest in Apple on eToro?
The minimum first investment in Apple stock on eToro is $50. You can then choose to invest any amount above $50 in the future. Keep in mind that Apple’s share price is over $130, so fractional shares are not possible.
Does eToro have advanced charts and trading tools?
Yes, eToro provides a full suite of advanced trading capabilities. You’ll have access to detailed technical charts, 100+ indicators, the ability to draw tools, trading from charts, price alerts, risk management orders, and more.
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