
Thinking of buying Meta (ex-Facebook) shares, but unsure of what to do next? To obtain Meta shares, it is necessary to resort to a platform dedicated to the purchase of shares. Here is a simple guide to quickly acquiring Meta stocks in 2023.
Where to buy Meta shares?
Are you considering investing in shares of Meta, but you don’t know how? To get Meta sharesit is wise to use a platform dedicated to the purchase of these assets.
Various brokers or stockbrokers allow the purchase of Meta shares. Here is our recommendation.
| Platform | Costs | Pay dividends? |
| eToro | No fees, but presence of a spread | According to actions |
| Trade Republic | €1 per transaction | According to actions |
| XTB | No fees, but presence of a spread | According to the actions and takes a commission |
| Degiro | Between €1 to €3 per transaction depending on the stock market | Only for shares listed in Europe |
Easy to use, offering a guarantee of security and above all subject to French regulations, the eToro platform is suggested for novices and will surely meet all your requirements for the purchase of Meta shares.
To obtain Meta Shares through eToro, you need to create an account on the platform, deposit funds into it, and purchase the number of Meta Shares you desire.
Buy shares on eToro
CFDs are complex instruments and come with a high risk of losing money quickly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You need to know if you understand how CFDs work and if you can afford to lose your money. (find out more)
Created in 2017, the eToro platform is a forerunner in the online investment arena. It allows you to invest in a wide range of financial instruments, including stocks, ETFs, Forex, commodities and even cryptocurrencies.
eToro brokerage services are provided by eToro Europe, a company registered in Cyprus. This gives it the ability to deliver services fully in accordance with French legislation.
eToro is also renowned for its copy trading feature, which allows anyone to mimic other users’ trades. Although this feature may appeal to novices, it is suggested that you make your own portfolio management decisions. In addition, eToro presents itself as an ideal platform for beginners and those who wish to diversify their investments.
Buying Meta shares via eToro is quite easy:
- Open an account on the platform;
- Deposit euros into this account;
- Make the purchase of Meta shares in a few manipulations.
If you are considering using eToro to buy Meta stocks, here is how to create an account on the platform and how to acquire Meta shares easily.
How to open an account on eToro?
To open an account on eToro, press the button below (affiliate link). Then, once on the eToro home page, click on the ” start investing » positioned at the bottom left:
Buy shares on eToro
CFDs are complex instruments and come with a high risk of losing money quickly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You need to know if you understand how CFDs work and if you can afford to lose your money. (find out more)
Once directed to the eToro registration page, you have the option to register using your Facebook or Google (Gmail) account. You can also choose a more traditional registration method by providing a username, email address and strong password.
To finalize your registration on the eToro platform and acquire Meta shares, you must now provide additional details concerning your identity: provide an identity document, validate a telephone number, answer a brief questionnaire. eToro complies with French regulations, so this is an essential step.
Need a more detailed guide? Here’s how to open an account on eToro step by step
How to fund your eToro account with euros?
Now that your eToro account is up and running, you must deposit euros there in order to acquire shares of Meta. To do this, press the ” Deposit of funds » which is positioned at the bottom left of the platform dashboard:
Before you continue, be aware that your balance on eToro will be shown in US dollars and all transactions are made in this currency. Don’t worry, your euros will be automatically converted into US dollars.
To credit your eToro account, you have the following alternatives: bank transfer or payment by credit card. To guide you in your decision, here are the specifics of each payment method on eToro:
| Bank card | Bank transfer | |
| Minimum amount (1st deposit) | $100 | $500 |
| Exchange rate | Less advantageous | More advantageous |
| Execution | Instant | 4 to 7 business days |
Need help funding your eToro account? To find out how, click on the label corresponding to your payment method:
Buy shares on eToro
CFDs are complex instruments and come with a high risk of losing money quickly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You need to know if you understand how CFDs work and if you can afford to lose your money. (find out more)
Do you now have euros available in your eToro account? You can now acquire shares of Meta in just a few manipulationst. Just type ” Meta » in the search bar and click on « Invest “.
A new tab will open showing Meta’s stock price, which is $217.46 here. You can indicate the amount you want to invest, for example $500, then press ” Place an order to buy shares of Meta!
You now hold a Meta Stock CFD. This means that you don’t actually own shares of Meta, but follow the price action of the stock in the markets.
If you are new to the world of cryptocurrencies, it is advisable not to use leverage. Keep the x1 parameter to prevent risks associated with this trading instrument.
It is essential to clarify that although eToro indicates an amount in dollars, you can place an order using your euros on the platform. These will be automatically converted for this transaction.
What relationship does Meta have with Bitcoin and crypto?
As one of the biggest technology companies in the world, Meta (formerly Facebook) has entered the world of cryptocurrency and blockchain.
In June 2019, Facebook has announced plans to launch its own cryptocurrency, initially called Libra, which was later renamed Diem following criticism and regulatory concerns. Diem was a stablecoin cryptocurrency project initially supported by a consortium of 28 companies and NGOs. Diem was to be accessible through Novi, a digital wallet formerly known as Calibra. In January 2022, Meta officially decided to drop Diem, thus ending this project.
In October 2021, the Facebook group is renaming itself Meta, a notable change that is part of its bet on the “metaverse”, in particular Horizon World, which the company developed. However, this virtual world struggles to attract users and represents a significant financial loss for the company.
In August 2022, non-fungible tokens (NFT) are appearing on social networks Facebook and Instagram. Meta is therefore completely involved in Web3, but still lags behind its competitor Twitter, which is much more committed to the development of this industry.
Meta’s relationship with cryptocurrencies, particularly following the failure of the Libra/Diem project, is complex. Marc Zuckerberg’s company is now showing great caution and does not wish to repeat the disastrous experience of its abandoned project.
So, it is unlikely that Meta will launch a product on its own that includes blockchain and cryptocurrencies in any way. However, it is not excluded that it concludes in the future partnerships with Web3 entities. It remains to be seen how these will materialize..
Buy shares on eToro
CFDs are complex instruments and come with a high risk of losing money quickly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You need to know if you understand how CFDs work and if you can afford to lose your money. (find out more)
Meta Stock Frequently Asked Questions
What is Meta?
Meta is an American technology company best known for being the parent company of Facebook. It rebranded itself as Meta in 2021 to reflect its expanded business into virtual reality, augmented reality, and metaverse-related technologies.
Who are Meta’s main competitors and how do they affect the stock price?
The main competitors of Meta (ex-Facebook) include other large technology companies such as Google (Alphabet Inc.), Apple, Amazon, Microsoft, Twitter, Snapchat (Snap Inc.) or TikTok (ByteDance). How these companies evolve and how they innovate and compete with Meta can have a direct impact on Meta’s share price. For example, if one of these companies launches a product that directly competes with a key offering from Meta.
Does Meta pay dividends?
Meta does not distribute any dividends to the holders of its shares.
Is it worth buying Meta stock in 2023?
After the lackluster arrival of its Horizon virtual world, Meta is looking into creating an application similar to Twitter. It was then that in early July, Meta launched Threads, a text-sharing application built by the Instagram team. Meta also unveils the upcoming arrival of Meta Quest 3, a new virtual reality headset that is much more advanced than its predecessor. Regardless, it is recommended to conduct a detailed Meta analysis to determine whether acquiring Meta stocks in 2023 is a wise investment choice or not.
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