It May Have Just Gotten A Lot Easier For Canadians To Trade Amazon And Google Stock – Here's How

Just last year, investors poured nearly $900 billion into exchange-traded and long-only funds, exceeding the combined total in the last two decades, according to analysts at Bank of America Corp. BAC. When one considers the more than 6,000 companies with publicly traded stock on the Nasdaq Stock Market and New York Stock Exchange, this figure is bound to leap into the trillions. 

Slipping out the pockets of amateurs and into the accounts of professionals, money in the stock market is notoriously unloyal, and the main losers in the stock market tend to be retail traders. 

Despite the stock market’s emphatic performance in 2021, retail investors lost an estimated $1.14 billion trading options that year. For anyone who has been in the game long enough, it’s clear that this result is not by accident. The stock market terrain for retail investors is arguably much more difficult to navigate than that of the professional. But things are getting better.

Recently, Amazon.com Inc. AMZN, Alphabet Inc. GOOGL and Tesla Inc. TSLA experienced stock splits that have made it more affordable for traders to participate in their potential rise. 

How You Can Trade Amazon, Google And Tesla Stock

While the stock split made the prices of each of these stocks more affordable, the $100-plus price tag remains a detriment to those who want to fully scale into their positions. 

FOREX.com has made it easier for Canadian traders to capitalize on the stock market’s best performers via contract for differences (CFDs). CFDs offer affordability, leverage and flexibility to traders who have long been sidelined from action on stock market super performers like Amazon. Leveraging both CFDs and the companies’ stock splits, Amazon and Alphabet stock is now available for a fraction of the price pre-split. 

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FOREX.com is offering traders commission-free stock CFDs* through the end of October, to celebrate the stock splits of Google and Amazon and take advantage of their recent affordability.

Hop onto FOREX.com’s CFD program here. 

*Bid and Ask spread cost still applies 

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

Contracts for differences (CFDs) are not available for traders in the United States.

CFD trading carries a high level of risk to your capital compared to other kinds of investments, as prices may move rapidly against you. It's possible to lose more than your deposit and you may be required to make further payments. Therefore, CFD trading may not be appropriate for everyone.

Featured photo by Yiorgos Ntrahas on Unsplash