How to buy Amazon stock (AMZN)

Top 2 brokers to buy Amazon shares
Interactive Brokers
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eToro
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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

This article contains all the necessary information and links that you need to learn about Amazon shares and how to buy Amazon (AMZN) stock.

If you want to buy Amazon stock, you will need to find a good online broker, open a brokerage account, and deposit the necessary funds in order to buy the AMZN share. We collected the most important steps in the guide below, but we also have a separate guide for beginners.

You can also read more details about Amazon stock splits and Amazon fractional shares.

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. Let us know if you get stuck!
  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.

Is this your first time buying a stock? Use our dedicated step-by-step guide to make the process of buying your first Amazon share smooth and easy. We'll help you buy your first stock on your own in no time!

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
eToro eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK's FCA and Australia's ASIC. eToro USA LCC does not offer CFDs, only real crypto assets are available. Visit broker
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal
Fidelity Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA. Visit broker
TD Ameritrade TD Ameritrade is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group. The brokerage was acquired by Charles Schwab Corporation in 2020. Client account conversion is expected between April and September of 2023. Visit broker
Merrill Edge Merrill Edge is a US-based broker owned by Bank of America (BofA). It is regulated by the top-tier SEC and FINRA; BofA is listed on the NYSE. 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 buying just a part of one share. These are called fractional shares. Many online brokers like Interactive Brokers, Robinhood and TD Ameritrade, allow their clients to invest in fractional shares. Read more about how to buy Amazon 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: a 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 sell order.
  9. Wait for the order confirmation to arrive. When the order is fulfilled you will get a confirmation about the transaction.
  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, most likely an exchange-traded fund (ETF), 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 making up 10-25% of their assets, and a relatively low expense ratio (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 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 trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex, and derivatives markets. He joined BrokerChooser in 2020 and his aim is to make finding the best brokers in a rapidly changing investment world as easy as possible.

Gyula Lencsés, CFA

Head of Content

Gyula 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 trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex, and derivatives markets. He joined BrokerChooser in 2020 and his aim is to make finding the best brokers in a rapidly changing investment world as easy as possible.

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

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