How To Buy Amazon Stock (AMZN)

Top 2 brokers to buy Amazon shares
Interactive Brokers
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If you want to buy Amazon stock, you will need to find a good online broker, open a brokerage account, deposit the necessary funds and buy the AMZN share. We collected the most important steps in this guide.

How to Buy Amazon Stock to invest in AMZN
6 Steps of buying Amazon shares

  1. Find a good online broker
  2. Open your brokerage account, if you get stuck let us know
  3. Deposit money to your account
  4. Log in to the trading platform
  5. Buy the Amazon share
  6. Review your Amazon position regularly

Finding the best online brokers is our specialty.

Save hours of research with our broker finder tool or go with highest ranking online broker for Amazon: Interactive Brokers.

How to Buy Amazon Stock to invest in AMZN
Best 5 brokers for buying Amazon shares

Interactive Brokers Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC. Visit broker
Fidelity Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA. Visit broker
Zacks Trade Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash). Visit broker
eToro eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC. eToro USA LCC does not offer CFDs, only real Crypto assets available. Visit broker
Charles Schwab Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license. Visit broker

How to Buy Amazon Stock to invest in AMZN
How to buy Amazon fractional shares

If you do not want to buy a full Amazon share, you can cut costs by owning a part of a share. These are called fractional shares. Many online brokers like Interactive Brokers, Robinhood and TD Ameritrade, allow their clients to invest in fractional shares.

How to Buy Amazon Stock to invest in AMZN
How to Sell Amazon Stock

  1. Log in to your trading platform with your username and password
  2. Check the number of AMZN shares you own
  3. Select the stock and click on sell in the place order box.
  4. SELL is usually highlighted in red
  5. Select the order type, limit order is usually the default
  6. Set the price you want to get for a single stock
  7. Select the quantity you want to sell, make sure you don't enter a higher number of stocks than you actually own
  8. Hit 'Place Order' to place the selling order
  9. Wait for the order confirmation to arrive. When the order is fulfilled you will get a fulfillment confirmation
  10. Congratulations, you successfully sold Amazon] stock.

How to Buy Amazon Stock to invest in AMZN
How to Invest in Amazon with an Index Fund?

  1. Select the index fund with the appropriate amount of Amazon holdings
  2. Check the expense ratio of the fund
  3. Make sure the ETF in question is available at your brokerage
  4. Buy the ETF fund as you would buy a stock.

Some good examples of ETFs with Amazon holdings of 10%-25% and relatively low expense ratios (0,08%-0,18%) are: XLY, FDIS, VCR, IEDI.

How to Buy Amazon Stock to invest in AMZN
About Amazon

Amazon is a US Tech company traded on the NASDAQ under the AMZN ticker. It started as an online bookselling company and has developed into a global corporation focusing on e-commerce, cloud computing, digital streaming, and artificial intelligence. Its services like Alexa and Amazon Prime have become household names. If you'd like to buy Amazon stocks, you will need to find a broker that gives you access to the NASDAQ stock exchange because that's the main venue where they are traded.

Author of this article

Gyula Lencsés, CFA

Author of this article

Gyula Lencsés, CFA has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio manager of mutual funds. He has a trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex and derivatives markets.

Gyula Lencsés, CFA

Head of content

Gyula Lencsés, CFA has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio manager of mutual funds. He has a trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex and derivatives markets.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Top 2 brokers to buy Amazon shares

Interactive Brokers Fidelity

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