How to buy Nvidia (NVDA) shares? Simplified method 2023

How to buy Nvidia (NVDA) shares?  Simplified method 2023

Thinking of buying Nvidia stock, but not sure where to start? To become an owner of NVDA shares, it is imperative to use a platform specialized in investing. Let yourself be guided to facilitate the acquisition of Nvidia shares quickly and without complication.

Where to get Nvidia (NVDA) shares?

You plan to invest your money in Nvidia stocks ? To become a holder of Nvidia shares, it is essential to use a platform dedicated to this purpose.

Many brokers or brokers allow you to acquire NVDA shares. We have selected the best of them for you:

PlatformCostsPay dividends?
eToroNo fees, but presence of a spreadAccording to actions
Trade Republic€1 per operationAccording to actions
XTBNo fees, but presence of a spreadAccording to the actions and takes a commission
DegiroBetween €1 to €3 per transaction depending on the stock marketOnly for shares listed in Europe

Easy to access, secure and above all regulated in USA, the eToro platform is particularly recommended for beginners and will satisfy all your expectations regarding the acquisition of Nvidia shares.

To buy NVDA shares through eToro, all you have to do is open an account on the platform, transfer funds there and buy the volume of Nvidia shares that suits your needs.

Buy shares on eToro

Your capital is at risk. Other fees apply. For more information visit etoro.com/trading/fees
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)

Founded in 2007, eToro is a pioneering platform in the online investment industry. It offers the opportunity to invest in a wide range of financial assets, including stocks, ETFs, Forex, commodities and even cryptocurrencies.

eToro brokerage services are provided by eToro Europe, a company registered in Cyprus. This allows it to offer services related to financial assets in full compliance with the regulations in force for French residents.

eToro is best known for its copy trading feature, which gives anyone the ability to replicate other users’ trades. Although this feature can be useful for beginners, it is still recommended to take charge of managing your portfolio. This intuitive platform is perfectly suited for novices and those looking to diversify their investments.

Buying NVDA shares through eToro is quite easy:

  • Register on the platform;
  • Fund your account in euros;
  • Buy NVDA shares with just a few clicks.

If you are considering using eToro as a starting point for your investments, familiarize yourself in detail with the procedure for opening an account on the eToro platform and the easy way to acquire NVDA shares

How to open an account on eToro?

For create an account with the broker eToro, click on 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

Your capital is at risk. Other fees apply. For more information visit etoro.com/trading/fees
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 redirected to the eToro registration page, you have the option to register using your Facebook or Google (Gmail) credentials. Alternatively, you can opt for a more conventional registration method by filling in your username, email address and a strong password.

To complete your registration on the eToro platform and acquire the capacity to buy Nvidia shares, you must now submit additional information concerning your identity: provide an identity document, validate a telephone number, answer a short questionnaire. eToro respects French laws, which makes this step essential.

🤔 Need more detailed instructions? Here is our complete guide to opening an account on eToro

How to fund your eToro account in order to acquire Nvidia shares?

Now that your eToro account is active, you have to pay euros in it to be able to acquire Nvidia shares. To perform this operation, click on the ” Deposit of funds ” which is located at the bottom left of the main dashboard of the platform:

Before proceeding, be aware that your eToro account will be expressed in US dollars, and all transactions will take place in this currency. Don’t worry, your euros will be automatically converted into US dollars.

To fund your eToro account, you have two options: bank transfer or payment by credit card. To help you decide, here are the particularities of each payment method on eToro:

Bank cardBank transfer
Minimum amount (1st deposit)$100$500
Exchange rateLess advantageousMore advantageous
ExecutionInstant4 to 7 business days

Need help funding your eToro account? To understand how, click on the tag corresponding to your payment method:

How do I make a deposit using a bank card?

If you wish to fund your eToro account using a credit/debit card, here is the procedure to follow:

  • Select the “Credit Card” option from the drop-down menu;
  • Enter your credit/debit card number in the space provided;
  • Indicate the expiry date of your card;
  • Enter the three-digit CVC code located on the back of your card.

Once this information is provided, your eToro account will be funded within minutes. The transaction will appear as “ eToro (Europe) Ltd. in your bank’s app.

How do I make a deposit via bank transfer?

If you wish to make a payment to your eToro account via bank transfer, here is the procedure to follow:

  • Select “Bank Transfer” as the payment method and click “Continue”. eToro’s partner bank information will be displayed and will also be emailed to you;
  • Log in to your online banking account (or go to your bank branch) to complete the funds transfer;
  • It is imperative to note the transaction identifier. This number is necessary for eToro to allocate the received funds to your account on their platform;
  • It is MANDATORY to include this identifier when making your transferusually in the field named ” Memo », « Message ” Or ” Reference of your transfer of the form.

Please note that wire transfer deposits to eToro usually take 4-7 business days to process.

Buy shares on eToro

Your capital is at risk. Other fees apply. For more information visit etoro.com/trading/fees
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)

Illustrated Guide to Obtaining NVDA Stocks

Do you have ready-to-use euros in your eToro account? You can now buy NVDA shares in just a few moments. Just type “Nvidia” or “NVDA” in the search bar and click “Invest”.

A new tab will open on eToro showing the cost of one NVDA share, which here is $455.69. You can specify the amount you wish to invest, for example $500, then click on “ Place an order to buy NVDA shares on eToro!

You now own an Nvidia stock CFD. This means that you are not actually owning NVDA shares, but following the movement of the share price in the markets.

If you are new to the investment world, it is recommended not to use leverage. Hold the x1 setting to dodge the risks associated with this trading instrument.

💡 It is crucial to specify that even if eToro displays an amount in dollars, you have the possibility of placing an order using your euros on the platform. These will be automatically converted for this transaction.

What are the links between Nvidia and cryptocurrencies and the blockchain?

While the majority of tech companies have more or less embraced cryptocurrencies in various ways, Nvidia is particularly anti-crypto.

For example, before the Ethereum blockchain transitioned from Proof of Work to Proof of Stake, the majority of machines used for mining on this blockchain were graphics cards, especially those from Nvidiaknown for their power and high yield.

Thus, the demand for Nvidia graphics cards has exploded in a few years, drastically reducing the number of machines available to gamers. Even though miners have allowed Nvidia to make significant profits, the American company has never appreciated that people use its graphics cards for such purposes.

To discourage the use of its gaming graphics cards for cryptocurrency mining, Nvidia has introduced a hashrate limiter on some of its cards. This is intended to reduce their efficiency in mining cryptocurrencies while keeping their performance for video games. Despite this software limitation, this is not what has hindered the use of graphics cards for mining.

Only time will have allowed Nvidia to break this deadlock. Indeed, since mining on Ethereum is no longer possible and mining Bitcoin by graphics card is no longer profitable, theuse of Nvidia graphics cards for mining has dropped sharply.

So it would seem that Nvidia is turning away from the world of cryptocurrency as much as possible..

Moreover, in March 2023, the technical director of Nvidia, Michael Kagan, had given a very clear opinion on the question:

“I never believed that cryptocurrencies could bring something good to humanity. »

Buy shares on eToro

Your capital is at risk. Other fees apply. For more information visit etoro.com/trading/fees
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)

FAQ: Frequently Asked Questions About Nvidia Stock

✅ What is Nvidia?

Founded in 1993, Nvidia is a US-based technology company best known for its graphics processing units (GPUs) for the gaming and professional design markets. Nvidia’s graphics cards are widely used around the world by both gamers and professionals for a variety of applications ranging from video games to 3D modeling. In addition, Nvidia has developed solutions for artificial intelligence, data centers and high performance computing. Nvidia’s technology is often at the forefront of AI research and is used by many companies and research institutions.

✅ Who are Nvidia’s main competitors and how do they affect the stock price?

Nvidia’s main competitors are Advanced Micro Devices (AMD), Intel and Qualcomm, other major semiconductor and technology companies. If one of these companies releases a competitive product that is well received by the market, it could put downward pressure on Nvidia’s stock price. Apart from these direct competitors, Apple and Google can also have an impact on Nvidia. For example, Apple began producing its own chips for its Macs, reducing demand for chips from other manufacturers.

✅ Does Nvidia pay dividends?

Yes. Historically, Nvidia has paid dividends to its shareholders for 11 years without interruption.

✅ Is it worth buying NVDA stock in 2023?

In 2023, Nvidia is investing heavily in artificial intelligence (AI) and machine learning. These technologies are already at the core of many Nvidia offerings, including its cutting-edge GPUs, its CUDA high-performance computing platform, and its solutions for autonomous vehicles. With the advancement of AI and machine learning, Nvidia is likely to develop more innovative products and services, which could lead to increased revenue. However, despite this positive outlook, it is essential to point out that investing in stocks always involves risks. Prospective investors should conduct thorough research before deciding to invest in Nvidia shares.

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