Home Stocks/How To Buy How To Buy Tesla Shares From The UAE

How To Buy Tesla Shares From The UAE

41
0
Regal Wallet Banner

Tesla (TSLA) stock is a popular asset to invest in the United Arab Emirates. Tesla is an industry-leading company and the largest automaker by market value. The company offers services through manufacturing, body shops, service centers, and charging stations. Tesla stock has an impressive IBD Composite Rating of 91 out of 99. 

Tesla stock is a major asset. Its main competitors are Ford Motor Co. and General Motors Co. In March 2022, Tesla reached a market cap of $908.28 billion. This market cap makes TSLA the world’s 6th most valuable stock. This article discusses buying Tesla (TSLA) shares in the UAE. 

List Of The Best Brokers For Tesla Shares:  

  • eToro – Best overall broker
  • XTB – Trustworthy broker for buying Tesla shares
RANKBROKERGENERALPLATFORM SCOREBEST FORWEBSITE
#1eToroExcellent social trading features4.9 / 5Best overall brokerOfficial website
#2XTBtransparent fee structure4.5 / 5Trustworthy broker for buying Tesla sharesOfficial website

Best Brokers For Tesla Shares In Overview: 

01. eToro: The Overall Best

etoro

eToro is a leading broker with a secure platform for buying Tesla shares. It has a valuable portfolio with cryptocurrencies, forex pairs, stocks, and equity investments. 

This brokerage firm has a valuable virtual trading account. It is a great learning tool for traders at all levels. Demo trading lets you test different stock trading strategies with live Dubai financial market prices. eToro’s demo account is a good tool if you want to discover more about TSLA price fluctuations. 

UAE investors use eToro’s services because of its competitive fees. It has a 1.90% spread for withdrawing assets and no commission fees. eToro provides access to industry-leading social trading services. It highlights expert traders and lets UAE investors copy their trading strategy. eToro offers many advantages to all UAE traders. It has different funding methods and a secure online cryptocurrency wallet. 


02. XTB: Trustworthy broker for buying Tesla shares

xtb-logo

XTB is a trustworthy UAE broker for buying Tesla shares. It has top-tier licenses and a transparent fee structure. XTB offers many tradable assets, including forex and CFDs. It offers ETFs, stocks, CFDs, forex, and 25 cryptocurrencies. 

This online broker offers reliable educational materials. It has a proprietary platform, desktop, web, and mobile app. XTB has valuable social trading services and a demo account. We recommend it for beginner UAE traders, as it offers useful learning materials. 


How We Chose The Best Brokers For Tesla Shares 

We choose the best exchanges to buy Tesla Shares based on several criteria including Fees, Account, Withdrawal and Deposit. We commit to offering help to all UAE traders. Our goal is to help beginner and advanced traders make intelligent choices with their money. This focus is the reason why we share both strengths and weaknesses.

Fees:   A simple fee structure adds to an impressive online trading experience. Some TSLA platforms have a transparent fee structure; others don’t. Verify our in-depth fee reviews to discover more about fees and UAE brokers. 

Account:   United Arab Emirates platforms offer different account tiers. Some platforms request a minimum deposit fee. Others don’t require an initial deposit for opening new accounts. Read our in-depth account reviews for more information on account tiers in the UAE. 

Deposit and withdrawal:  Withdrawing and depositing funds has to be simple. Funding an account takes longer with some brokers than with others. Some UAE stockbrokers request a minimum deposit. Check our stock trading platform reviews to read more about stockbrokers available to UAE traders. 

Product and market:  Each UAE trading platform offers different market and asset coverage. We recommend you select a broker with a comprehensive online portfolio. Our in-depth platform reviews offer information on assets and UAE stock platforms. 

Trading platforms:  A digital trading platform with a simple interface contributes to a good trading experience. Choose a Tesla brokerage with a simple design. The UAE platforms in our reviews are secure, but some might be challenging for new traders. Verify our in-depth reviews for more details about UAE brokers. 

Customer support:   Customer service is key to your online trading success. Reliable platforms offer live chat, email, and phone support. 

Safety:   A safe UAE trading platform has top-tier licenses. It uses the best safety measures available and follows strict rules. Our in-depth reviews offer details on online trading safety for United Arab Emirate traders. 

How To Buy Tesla Shares In The UAE  

Traders buy Tesla shares in the UAE with secure stock trading platforms. The main platforms we recommend are eToro and XTB. eToro is a leading social trading provider with secure investment platforms. XTB is a good choice for beginners, as it offers many learning tools and materials. 

Tesla (TSLA) is a good choice for traders in the United Arab Emirates. We recommend you use eToro to buy TSLA in the UAE. It is a popular social trading broker with safe brokerage services. There are four simple steps for buying TSLA with eToro: 

  1. Sign up:  The first step for residents of the UAE is to access the official eToro website. Here you will find the sign-up form for new UAE accounts. 
  1. Submit a valid ID:  eToro is a trustworthy broker that follows strict Know Your Customer (KYC) rules. All UAE traders must pass account verification before buying Tesla. A valid I.D., such as a driver’s license or passport, is necessary. 
  1. Make an initial deposit:  After finishing account verification, fund your account. UAE traders have different payment methods, including bank transfers. 
  1. Buy Tesla shares:  Type “TSLA” into the search bar to see Tesla’s price. Click on its ticker and start buying or selling TSLA. 

Where UAE Traders Buy Tesla Shares? 

UAE traders buy Tesla shares using secure trading platforms. The top platforms we recommend are eToro and XTB. 

Buying Tesla Shares With eToro  

eToro is a leading broker with a secure platform for buying Tesla shares. It has a valuable portfolio with cryptocurrencies, forex pairs, stocks, and equity investments. 

This brokerage firm has a valuable virtual trading account. It is a great learning tool for traders at all levels. Demo trading lets you test different stock trading strategies with live Dubai financial market prices. eToro’s demo account is a good tool if you want to discover more about TSLA price fluctuations. 

UAE investors use eToro’s services because of its competitive fees. It has a 1.90% spread for withdrawing assets and no commission fees. eToro provides access to industry-leading social trading services. It highlights expert traders and lets UAE investors copy their trading strategy. eToro offers many advantages to all UAE traders. It has different funding methods and a secure online cryptocurrency wallet. 

Pros:   Commission-free trading , Features many popular stocks, forex, and cryptos, Regulated by the FCA , Mobile app available , Offered in many countries , Demo account  

Cons:   It has a high spread , It lacks smaller cryptos and stocks  

Buying Tesla Shares With XTB  

XTB is a trustworthy UAE broker for buying Tesla shares. It has top-tier licenses and a transparent fee structure. XTB offers many tradable assets, including forex and CFDs. It offers ETFs, stocks, CFDs, forex, and 25 cryptocurrencies. 

This online broker offers reliable educational materials. It has a proprietary platform, desktop, web, and mobile app. XTB has valuable social trading services and a demo account. We recommend it for beginner UAE traders, as it offers useful learning materials. 

Pros: Free of charge deposits and withdrawals Regulated broker with licenses from FCA, KNF, BaFIN, CNMV, AMF, CySEC, and FSC, Different payment methods, including PayPal, bank transfer, and credit and debit cards deposits 

Cons: Basic trading platform with no professional research tools, Limited professional services for advanced UAE traders 

How To Buy Tesla Shares Using eToro?  

eToro is our top recommendation to buy Tesla shares in the UAE. This online broker offers professional platforms and services. eToro is a leading online broker with secure services. Read on to learn the step-by-step guide on using eToro to buy TSLA in the UAE. 

How To Buy Tesla Shares From The UAE

Step 1: Create An eToro Brokerage Account  
The first step for UAE investors is to sign up with eToro. Their official website offers access to a simple sign-up form. You’ll have to submit your full name, address, contact information, date of birth, and income source. 

Buy Tesla Shares with eToro

Step 2: Verify Your Account 
Next, you’ll have to pass account verification. eToro allows UAE investors to trade up to $2,000 before verifying their account. Traders have to submit a copy of their I.D. and proof of residence. eToro follows strict KYC rules. Passing account verification is mandatory for all traders in the United Arab Emirates. 

Step 3: Choose A Payment Method 
eToro has many payment methods for UAE traders. Select a funding solution that suits your needs. After you fund your trading account, the next step is to buy Tesla shares.  

Step 4: Buy TSLA 
When your funds show in your wallet, eToro lets you start your first “buy.” Stocks have different symbols. Click on the TSLA ticker, and start your trade. Select the number of shares you want to buy and click “Submit.” Your trade will complete in a couple of minutes. 

What Is A Tesla?  

Tesla (TSLA) is an American company founded in 2003. It is known worldwide because of its CEO, Elon Musk. Tesla sells electric cars produces solar panels and battery energy storage. It is a well-performing company that got the attention of long-term investors.  

Tesla stock is available to all UAE traders interested in buying equity. If you want to become a shareholder, you’ll have to use a brokerage trading account. There are two ways to buy Tesla stock in the UAE: physical shares or CFDs. Physical shares are a top choice for long-term investors. CFDs offer flexibility and let your short sell and use leverage. Our in-depth asset reviews provide information on assets and trading strategies in the UAE. 

Why Should You Buy Tesla Shares?  

Tesla shares are a top choice for advanced UAE traders. It is a valuable asset with excellent performance. TSLA stands out because of its potential for dramatic revenue increases. It is one of the leading shares by market capitalization. TSLA reached a market cap in 2022 of $837.00 billion. Our in-depth reviews provide more details on stock trading, value, and price fluctuations. 

How Much Do Tesla Shares Cost?  

The cost of Tesla shares varies depending on the platform you use. UAE brokers might charge additional fees for buying TSLA. eToro has a competitive fee structure for UAE traders interested in investing in TSLA. Read our in-depth UAE reviews to discover more about Tesla trading fees and stock markets. 

Buying Tesla Shares Using Bitcoin 

A top way for buying TSLA in the UAE is with Bitcoin (BTC). Investors use BTC on eToro’s trading platforms to fund their accounts. Traders convert BTC to fiat currency within the eToro platform. They use fiat currency to buy TSLA shares. Read our in-depth broker reviews for more information on online trading safety and funding options in the UAE. 

Buying Tesla Shares Safely In UAE  

If you want to buy Tesla shares safely in the UAE, you have to use a secure exchange or broker with top-tier licenses. Traders diminish their trading risks by using platforms with top-tier licenses and strict rules. eToro is a secure social trading broker with top-tier licenses. UAE traders receive access to its secure platforms and services. 

The Risks Of Buying Tesla Shares 

Tech stocks like Tesla shares are volatile and come with risks. To avoid losing your money, it is best to start with small trades. TSLA is secure, but it might be challenging for beginners. Risks increase if you trade with leverage. 

CFD trading platforms provide access to leverage services with TSLA. Leverage might lead to dramatic revenue increases. But it increases the risk of losses as well. Digital assets are speculative, and we don’t recommend leverage for inexperienced traders. Our in-depth reviews discuss risk management and trading in the UAE. 

Selling Tesla Shares In The UAE  

UAE investors store or sell Tesla shares in the UAE. We recommend you use a broker or exchange like eToro. eToro is a good solution for cashing out Tesla shares in the UAE. It has secure platforms and funding methods. Our in-depth platform reviews offer details on cashing out funds in the UAE. 

Summary  

Tesla shares are popular. UAE traders invest in TSLA with secure stock trading platforms. Tesla is a top choice for active and professional UAE traders. These shares are safe, but you need to know where and how to invest in them. We recommend selecting an online broker like eToro to buy Tesla stock in the UAE. 

FAQ  

We test top stockbrokers and platforms for Tesla shares with 105 data points. We use real funds and accounts for accurate results. Check our Methodology section for more details about our system. 

What Is The Financial Regulatory Authority For Tesla Shares?  

Online stocks, including TSLA, are not regulated by a regulatory authority. These assets have no intrinsic value. Some countries let traders use the local Services Compensation Scheme if they lose funds. Ask your local authorities for rules and restrictions.

How Much Money Do I Need To Buy Tesla Shares?  

The amount of money you need to buy Tesla shares varies based on the platform you use. Buying Tesla on eToro comes with a minimum deposit requirement of $50. The exact cost varies depending on a platform’s limitations. Check our in-depth UAE reviews to learn more about online trading and minimum investments.

How To Sell Tesla Shares In UAE?  

Selling online assets in the United Arab Emirates is simple. For example, if you use eToro’s services, you’ll get access to a portfolio where you have to click on the Sell button. The best approach to making money from an online investment is capital gains. A capital gain refers to selling your assets at a higher price than you originally paid.

How Many Shares Of TSLA Stock Are Available? 

There are 1 billion Tesla shares available on the stock market. Institutions hold 42% of these shares. Insiders hold 20% of shares. In 2021, shorted shares reached 25.8 million, which was 2.57% of the shares.

Has Tesla Split Its Stock? 

Yes. Tesla split its stock once. In August 2020, the company experienced a 5-for-1 split of common shares. A stock split offers additional shares to shareholders with a reduced price. For example, in a standard 2:1 stock split, if you have 100 shares tradable at $50 before the split, you would end up owning 200 shares at $25 each. The online broker you use manages this situation automatically.

Is A Stock Split A Good Sign? 

Stock splits indicate a company is doing well. It tells traders it could become a good investment. The main advantage of a stock split is its lower price. Traders choose to buy stocks when they split because they’re more affordable.

Is It Better To Buy Before Or After A Stock Split? 

Buying a stock before or after a split is a personal decision. The value of a company remains the same during the process. There is no direct investment value benefit when buying shares before or after a stock split. However, promotional excitement around the stock split often pushes the price up temporarily, followed by a quick drop. This “spike” in stock price can be an excellent trading opportunity if you prepare for it.

Do You Get A Dividend With TSLA? 

No. Tesla doesn’t pay a dividend. A dividend is a cash distribution paid to shareholders of a company. Dividends come from a company’s profits or retained earnings. Companies pay dividends every quarter per share of stock. For example, if a company pays out 2.00% per share in annual dividends, and you own $1,000 worth of shares, you will get four payments of $20, totaling $80 per year.

Are UAE Traders Allowed To Trade Tesla Pre-Market And After-Hours? 

Yes. TSLA is listed on the NASDAQ stock exchange. The standard trading hours are between 9:30 AM to 4 PM. UAE traders receive access to top platforms to trade TSLA pre-market (4:00-9:30 AM Eastern Time) and the After-Hours Market (4:00-8:00 PM Eastern Time).

Should You Invest In Tesla Stock? 

The answer to this question varies depending on stock market conditions and your trading experience. In 2022, TSLA had an impressive evolution. But stocks remain volatile, and there’s always the risk of severe price fluctuations. Tesla is an attractive stock estimated to grow above 50% in 2022. Read our in-depth asset reviews for more information on stock trading in the UAE.


Methodology
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education and research are all part of our six-month evaluation of a broker’s trading platform.The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Previous articleBest Trading Platform in Burkina Faso
Next articleBest Crypto Exchange in New Zealand
Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here